Ashti Sugar Limited

Produces sugar from sugarcane through manufacturing and refining processes.

1998 | Pune, Maharashtra (India) | Active
Last Updated: November 15, 2024

Ashti Sugar Profile

Key Indicators

  • Authorised Capital ₹ 13.00 Cr
  • Paid Up Capital ₹ 10.96 Cr
  • Company Age 26 Year, 2 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 159.00 Cr
  • Satisfied Charges ₹ 231.28 Cr
  • Revenue Growth -29.50%
  • Profit Growth 667.50%
  • Ebitda 2.41%
  • Net Worth 694.08%
  • Total Assets 51.54%

About Ashti Sugar

Ashti Sugar Limited (ASL) is a leading Public Limited Indian Non-Government Company incorporated in India on 15 December 1998 and has a history of 26 years and two months. Its registered office is in Pune, Maharashtra, India.

The Corporate was formerly known as Gopal Krishna Sakhar Karkhana Limited. The Company is engaged in the Agriculture Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 13.00 Cr and a paid-up capital of Rs 10.96 Cr.

The company currently has active open charges totaling ₹159.00 Cr. The company has closed loans amounting to ₹231.28 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Ashti Sugar Limited India is Babasaheb Shende as CFO. Sunil Zambare, Bhagyashree Patil, Ankita Harshvardhan, and Two other members serve as directors at the Company.

Company Details

  • Location

    Pune, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U15424PN1998PLC013128

  • Company No.

    013128

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    15 Dec 1998

  • Date of AGM

    16 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Pune

Industry

Agriculture

Who are the key members and board of directors at Ashti Sugar?

Executive Team (2)

NameDesignationAppointment DateStatus
Ankita Harshvardhan Country flag representing In Managing Director28-Feb-2011Current
Babasaheb Shende CFO01-Jun-2019Current

Financial Performance of Ashti Sugar.

Ashti Sugar Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 29.5% decrease. The company also saw a substantial improvement in profitability, with a 667.5% increase in profit. The company's net worth Soared by an impressive increase of 694.08%.

Graph illustrating revenue growth over time
Graph showing 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
-29.50%
Revenue from Operations
-29.66%
Total Assets
51.54%
Profit or Loss
667.50%
Net Worth
694.08%
EBITDA
2.41%

What is the Ownership and Shareholding Structure of Ashti Sugar?

In 2023, Ashti Sugar had a promoter holding of 99.76% and a public holding of 0.24%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹159.00 Cr

Satisfied Charges

₹231.28 Cr

Charges Breakdown by Lending Institutions

  • Others : 159.00 Cr

Latest Charge Details

DateLenderAmountStatus
06 Mar 2023Others₹15.00 CrOpen
07 Feb 2023Others₹70.00 CrOpen
14 Mar 2019Others₹74.00 CrOpen
12 Sep 2023Others₹15.00 CrSatisfied
01 Aug 2022Others₹15.00 CrSatisfied

How Many Employees Work at Ashti Sugar?

Ashti Sugar has a workforce of 421 employees as of Apr 09, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Ashti Sugar, 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 Ashti Sugar'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 Ashti Sugar

Recent activity within the organization

  • Charges

    A charge registered on 12 Sep 2023 via Charge ID 100779864 with Others was fully satisfied on 30 Sep 2024.

    30 Sep 2024

  • Annual General Meeting

    Ashti Sugar Limited last Annual general meeting of members was held on 16 Sep 2024 as per latest MCA records.

    16 Sep 2024

  • Balance Sheet

    Ashti Sugar Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Pune.

    31 Mar 2024

  • Charges

    A charge registered on 01 Aug 2022 via Charge ID 100599308 with Others was fully satisfied on 16 Sep 2023.

    16 Sep 2023

  • Charges

    A charge with Others amounted to Rs. 15.00 Cr with Charge ID 100779864 was registered on 12 Sep 2023.

    12 Sep 2023

  • Charges

    A charge registered on 30 Mar 2022 via Charge ID 100562585 with Others was fully satisfied on 17 Apr 2023.

    17 Apr 2023

Frequently asked questions

  • What is the Incorporation or founding date of Ashti Sugar Limited?

    Ashti Sugar Limited was incorporated on 15 Dec 1998.

  • What is authorized share capital and paid-up capital of Ashti Sugar Limited?

    The authorized share capital of Ashti Sugar Limited is ₹ 13.00 Cr and paid-up capital is ₹ 10.96 Cr.

  • Who are the current board members & directors of Ashti Sugar Limited?

    Currently 6 directors are associated with Ashti Sugar Limited.

    • Sunil Tukaram Zambare
    • Bhagyashree Harshvardhan Patil
    • Ankita Patil Harshvardhan
    • Vijaykumar Somnath Padanure
    • Tukaram Dnyandev Toraskar
    • Babasaheb Shrirang Shende
  • What is the registered address of Ashti Sugar Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Ashti Sugar Limited is Jewel Square Bearing Cts No. 15/A Sun Plot B 15/8 (Sr. 479C 480A/1) And 15/9 Of Ghorpadi, India, Pune, Maharashtra, 411001.

  • What is the corporate identification number (CIN) and company number of Ashti Sugar Limited?

    The corporate identification number (CIN) of Ashti Sugar Limited is U15424PN1998PLC013128 and the company number is 013128 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for Ashti Sugar Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Ashti Sugar Limited has fallen by -29.50%.

  • How many employees does Ashti Sugar Limited currently have?

    As Per 2023 financial reports, 421 employees are currently employed by Ashti Sugar Limited.

  • What change has been observed in the net worth of Ashti Sugar Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Ashti Sugar Limited has experienced an upsurge of 694.08%.

  • What are the total open charges for Ashti Sugar Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Ashti Sugar Limited amount to ₹ 159.00 Cr.

  • When was the last Balance Sheet of Ashti Sugar Limited filed with the ROC?

    The most recent Balance Sheet for Ashti Sugar Limited was filed with the ROC on 31 Mar 2024.

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