Ashu Organics (India) Private Limited

Produces specialty chemicals with 4 manufacturing units in Mumbai since 1991.

1991 | Thane, Maharashtra (India) | Active
Last Updated: December 28, 2024

Ashu Organics (India) Profile

Key Indicators

  • Authorised Capital ₹ 2.50 M
  • Paid Up Capital ₹ 2.30 M
  • Company Age 33 Year, 2 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 98.43 Cr
  • Satisfied Charges ₹ 1.53 M
  • Revenue Growth -4.55%
  • Profit Growth -72.66%
  • Ebitda -23.48%
  • Net Worth 3.24%
  • Total Assets -1.54%

About Ashu Organics (India)

Ashu Organics (India) Private Limited (AOIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 29 November 1991 and has a history of 33 years and two months. Its registered office is in Thane, Maharashtra, India.

The Company is engaged in the Chemicals And Materials 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 2.50 M and a paid-up capital of Rs 2.30 M.

The company currently has active open charges totaling ₹98.43 Cr. The company has closed loans amounting to ₹1.53 M, as per Ministry of Corporate Affairs (MCA) records.

Ashutosh Dewal, Veena Dewal, Ulhas Dewal, and One other member serve as directors at the Company.

Company Details

  • Location

    Thane, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U99999MH1991PTC064258

  • Company No.

    064258

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    29 Nov 1991

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Chemicals and Materials

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

Executive Team (1)

NameDesignationAppointment DateStatus
Ulhas Dewal Country flag representing In Managing Director29-Nov-1991Current

Board Members (3)

NameDesignationAppointment DateStatus
Ashutosh Dewal Country flag representing In Director 01-Oct-2004Current
Veena Dewal Country flag representing In Whole-Time Director 17-May-1999Current
Reena Dewal Country flag representing In Director 01-Oct-2009Current

Financial Performance of Ashu Organics (India).

Ashu Organics (India) Private Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 4.55% decrease. The company also saw a substantial fall in profitability, with a 72.66% decrease in profit. The company's net worth moved up by a moderate rise of 3.24%.

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
-4.55%
Revenue from Operations
-3.91%
Total Assets
-1.54%
Profit or Loss
-72.66%
Net Worth
3.24%
EBITDA
-23.48%

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

In 2023, Ashu Organics (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

₹984.30 M

Satisfied Charges

₹1.53 M

Charges Breakdown by Lending Institutions

  • Others : 55.00 Cr
  • Citi Bank N.A. : 34.50 Cr
  • Citibank N.A. : 5.75 Cr
  • Citibank N. A. : 2.00 Cr
  • Citribank N.A. : 0.95 Cr
  • Others : 0.23 Cr

Latest Charge Details

DateLenderAmountStatus
22 Jun 2023Others₹55.00 CrOpen
27 Sep 2018Citi Bank N.A.₹12.50 CrOpen
31 Jan 2013Citibank N. A.₹2.00 CrOpen
06 Feb 2009Citibank N.A.₹1.50 CrOpen
30 Nov 2006Citibank N.A.₹1.20 CrOpen

How Many Employees Work at Ashu Organics (India)?

Unlock and access historical data on people associated with Ashu Organics (India), such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Ashu Organics (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 Ashu Organics (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 Ashu Organics (India)

Recent activity within the organization

  • Charges

    A charge with Citi Bank N.A. of Rs. 220.00 M registered on 17 Oct 2003 with Charge ID 90144744 was modified on 28 Jun 2024.

    28 Jun 2024

  • Charges

    A charge with Citi Bank N.A. of Rs. 125.00 M registered on 27 Sep 2018 with Charge ID 100268499 was modified on 28 Dec 2023.

    28 Dec 2023

  • Charges

    A charge with Others of Rs. 550.00 M registered on 22 Jun 2023 with Charge ID 100744773 was modified on 23 Nov 2023.

    23 Nov 2023

  • Annual General Meeting

    Ashu Organics (India) Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Charges

    A charge with Others amounted to Rs. 550.00 M with Charge ID 100744773 was registered on 22 Jun 2023.

    22 Jun 2023

  • Balance Sheet

    Ashu Organics (India) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

    31 Mar 2023

Frequently asked questions

  • Ashu Organics (India) Private Limited was incorporated on 29 Nov 1991.

  • The authorized share capital of Ashu Organics (India) Private Limited is ₹ 2.50 M and paid-up capital is ₹ 2.30 M.

  • Currently 4 directors are associated with Ashu Organics (India) Private Limited.

    • Ashutosh Ulhas Dewal
    • Veena Ulhas Dewal
    • Ulhas Mahadeo Dewal
    • Reena Ashutosh Dewal
  • As per Ministry of Corporate Affairs (Mca), the registered address of Ashu Organics (India) Private Limited is Shop No 1 C Gurukrupa Societygr Floor West, India, Thane, Maharashtra, 400602.

  • The corporate identification number (CIN) of Ashu Organics (India) Private Limited is U99999MH1991PTC064258 and the company number is 064258 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Ashu Organics (India) Private Limited is https://www.ashuorganics.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Ashu Organics (India) Private Limited has fallen by -4.55%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Ashu Organics (India) Private Limited has experienced an upsurge of 3.24%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Ashu Organics (India) Private Limited amount to ₹ 98.43 Cr.

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