Ashtech (India) Private Limited

Processes and trades fly ash, concrete, and cement products for clients.

2002 | Mumbai, Maharashtra (India) | Active
Last Updated:

Ashtech (India) Profile

Key Indicators

  • Authorised Capital ₹ 10.00 Cr
  • Paid Up Capital ₹ 2.47 Cr
  • Company Age 22 Year, 11 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 172.91 Cr
  • Satisfied Charges ₹ 406.54 Cr
  • Revenue Growth 89.54%
  • Profit Growth 148.73%
  • Ebitda 49.56%
  • Net Worth 22.67%
  • Total Assets 42.41%

About Ashtech (India)

Ashtech (India) Private Limited (AIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 06 March 2002 and has a history of 22 years and 11 months. Its registered office is in Mumbai, Maharashtra, India.

The Company is engaged in the Manufacturing Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 10.00 Cr and a paid-up capital of Rs 2.47 Cr.

The company currently has active open charges totaling ₹172.91 Cr. The company has closed loans amounting to ₹406.54 Cr, as per Ministry of Corporate Affairs (MCA) records.

Satish Mandhania and Sanjay Mandhania serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    ashtechindia.net

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U74999MH2002PTC135081

  • Company No.

    135081

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    06 Mar 2002

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Manufacturing

Who are the key members and board of directors at Ashtech (India)?

Board Members (2)

NameDesignationAppointment DateStatus
Sanjay Mandhania Country flag representing In Whole-Time Director 06-Mar-2002Current
Satish Mandhania Country flag representing In Whole-Time Director 06-Mar-2002Current

Financial Performance of Ashtech (India).

Ashtech (India) Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 89.54% increase. The company also saw a substantial improvement in profitability, with a 148.73% increase in profit. The company's net worth Soared by an impressive increase of 22.67%.

Ashtech (India) revenue growth over time
Ashtech (India) profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
89.54%
Revenue from Operations
89.21%
Total Assets
42.41%
Profit or Loss
148.73%
Net Worth
22.67%
EBITDA
49.56%

What is the Ownership and Shareholding Structure of Ashtech (India)?

In 2023, Ashtech (India) had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹172.91 Cr

Satisfied Charges

₹406.54 Cr

Charges Breakdown by Lending Institutions

  • Others : 147.67 Cr
  • Hdfc Bank Limited : 13.00 Cr
  • Axis Bank Limited : 11.15 Cr
  • Centurion Bank Of Punjab Limited : 0.89 Cr
  • Ge Capital Tfs Ltd. : 0.20 Cr

Latest Charge Details

DateLenderAmountStatus
23 Jan 2024Others₹1.03 CrOpen
21 Dec 2023Axis Bank Limited₹1.91 CrOpen
25 Aug 2023Axis Bank Limited₹2.00 MOpen
01 Jun 2023Axis Bank Limited₹3.04 CrOpen
30 Aug 2022Axis Bank Limited₹3.16 MOpen

How Many Employees Work at Ashtech (India)?

Ashtech (India) has a workforce of 112 employees as of Mar 28, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee growth trends for Ashtech (India) Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Ashtech (India), offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Ashtech (India)'s trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Ashtech (India)

Recent activity within the organization

  • Charges

    A charge with Others of Rs. 118.02 Cr registered on 23 Dec 2021 with Charge ID 100518597 was modified on 30 Mar 2024.

  • Charges

    A charge registered on 06 May 2023 via Charge ID 100724619 with State Bank Of India was fully satisfied on 21 Feb 2024.

  • Charges

    A charge registered on 02 Sep 2020 via Charge ID 100407615 with Others was fully satisfied on 25 Jan 2024.

  • Charges

    A charge registered on 31 Aug 2020 via Charge ID 100407654 with Others was fully satisfied on 25 Jan 2024.

  • Charges

    A charge registered on 31 Aug 2020 via Charge ID 100407666 with Others was fully satisfied on 25 Jan 2024.

  • Charges

    A charge with Others amounted to Rs. 1.03 Cr with Charge ID 100878456 was registered on 23 Jan 2024.

Frequently asked questions

  • What is the Incorporation or founding date of Ashtech (India) Private Limited?

    Ashtech (India) Private Limited was incorporated on 06 Mar 2002.

  • What is authorized share capital and paid-up capital of Ashtech (India) Private Limited?

    The authorized share capital of Ashtech (India) Private Limited is ₹ 10.00 Cr and paid-up capital is ₹ 2.47 Cr.

  • Who are the current board members & directors of Ashtech (India) Private Limited?

    Currently 2 directors are associated with Ashtech (India) Private Limited.

    • Satish Hanumanprasad Mandhania
    • Sanjay Hanumanprasad Mandhania

  • What is the registered address of Ashtech (India) Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Ashtech (India) Private Limited is 30 Ashtech House, Popatwadi Kalbadevi Road, Mumbai, Maharashtra, India, 400002.

  • What is the corporate identification number (CIN) and company number of Ashtech (India) Private Limited?

    The corporate identification number (CIN) of Ashtech (India) Private Limited is U74999MH2002PTC135081 and the company number is 135081 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Ashtech (India) Private Limited?

    The Official website of Ashtech (India) Private Limited is https://www.ashtechindia.net

  • What has been the recent revenue trend for Ashtech (India) Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Ashtech (India) Private Limited has risen by 89.54%.

  • How many employees does Ashtech (India) Private Limited currently have?

    As Per 2023 financial reports, 112 employees are currently employed by Ashtech (India) Private Limited.

  • What change has been observed in the net worth of Ashtech (India) Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Ashtech (India) Private Limited has experienced an upsurge of 22.67%.

  • What are the total open charges for Ashtech (India) Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Ashtech (India) Private Limited amount to ₹ 172.91 Cr.

  • When was the last Balance Sheet of Ashtech (India) Private Limited filed with the ROC?

    The most recent Balance Sheet for Ashtech (India) Private Limited was filed with the ROC on 31 Mar 2023.

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