Ashutosh Steels Private Limited

Trading of alloy steels and related products since 1989 in Faridabad, Haryana.

1989 | Faridabad, Haryana (India) | Active
Last Updated:

Ashutosh Steels Profile

Key Indicators

  • Authorised Capital ₹ 5.00 M
  • Paid Up Capital ₹ 4.86 M
  • Company Age 35 Year, 4 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 4.60 Cr
  • Satisfied Charges ₹ 8.50 M
  • Revenue Growth 12.72%
  • Profit Growth 14.39%
  • Ebitda 12.94%
  • Net Worth 22.72%
  • Total Assets 10.94%

About Ashutosh Steels

Ashutosh Steels Private Limited (ASPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 08 November 1989 and has a history of 35 years and four months. Its registered office is in Faridabad, Haryana, India.

The Corporate was formerly known as Manas Construction Private Limited. The Company is engaged in the Metals And Minerals 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 5.00 M and a paid-up capital of Rs 4.86 M.

The company currently has active open charges totaling ₹4.60 Cr. The company has closed loans amounting to ₹8.50 M, as per Ministry of Corporate Affairs (MCA) records.

Durga Rathi, Ram Rathi, and Ashutosh Rathi serve as directors at the Company.

Company Details

  • Location

    Faridabad, Haryana, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U45201HR1989PTC036566

  • Company No.

    036566

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    08 Nov 1989

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Delhi

Industry

Metals and Minerals

What products or services does Ashutosh Steels Private Limited offer?

Ashutosh Steels Private Limited offers a wide range of products and services, including Industrial Steel, HCHCR Steel, Steel Bars, Rods, Plates & Sheets, Steel Bars, Hand Sanitizer & Disinfectant, Alcohol Based Hand Sanitizer, Mild Steel Bars, Mild Steel Square Bar, Mild Steel Flat Bar, Steel Rods.

Who are the key members and board of directors at Ashutosh Steels?

Board Members (3)

NameDesignationAppointment DateStatus
Durga Rathi Country flag representing In Director 10-Mar-2005Current
Ram Rathi Country flag representing In Director 10-Mar-2005Current
Ashutosh Rathi Country flag representing In Director 04-Dec-2020Current

Financial Performance of Ashutosh Steels.

Ashutosh Steels Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 12.72% increase. The company also saw a substantial improvement in profitability, with a 14.39% increase in profit. The company's net worth Soared by an impressive increase of 22.72%.

Ashutosh Steels revenue growth over time
Ashutosh Steels 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
12.72%
Revenue from Operations
12.95%
Total Assets
10.94%
Profit or Loss
14.39%
Net Worth
22.72%
EBITDA
12.94%

What is the Ownership and Shareholding Structure of Ashutosh Steels?

In 2023, Ashutosh Steels had a promoter holding of 88.23% and a public holding of 11.77%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹46.00 M

Satisfied Charges

₹8.50 M

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 3.50 Cr
  • Others : 0.95 Cr
  • Bank Of India : 0.15 Cr

Latest Charge Details

DateLenderAmountStatus
21 Oct 2023Bank Of India₹1.50 MOpen
29 Dec 2021Hdfc Bank Limited₹3.50 CrOpen
30 Oct 2018Others₹9.50 MOpen
09 Feb 2008Indian Overseas Bank₹7.00 MSatisfied
26 Nov 2005The Bank Of Rajasthan Ltd.₹1.50 MSatisfied

How Many Employees Work at Ashutosh Steels?

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

Employee growth trends for Ashutosh Steels Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Ashutosh Steels, 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 Ashutosh Steels'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 Ashutosh Steels

Recent activity within the organization

  • Annual General Meeting

    Ashutosh Steels Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Balance Sheet

    Ashutosh Steels Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Delhi.

  • Charges

    A charge with Hdfc Bank Limited of Rs. 35.00 M registered on 29 Dec 2021 with Charge ID 100538167 was modified on 07 Mar 2024.

  • Charges

    A charge with Bank Of India amounted to Rs. 1.50 M with Charge ID 100837663 was registered on 21 Oct 2023.

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 35.00 M with Charge ID 100538167 was registered on 29 Dec 2021.

  • Director Appointment

    Ashutosh Rathi was appointed as a Director was appointed as a Director on 04 Dec 2020 & has been associated with this company since 4 years 3 months .

Frequently asked questions

  • What is the Incorporation or founding date of Ashutosh Steels Private Limited?

    Ashutosh Steels Private Limited was incorporated on 08 Nov 1989.

  • What is authorized share capital and paid-up capital of Ashutosh Steels Private Limited?

    The authorized share capital of Ashutosh Steels Private Limited is ₹ 5.00 M and paid-up capital is ₹ 4.86 M.

  • Who are the current board members & directors of Ashutosh Steels Private Limited?

    Currently 3 directors are associated with Ashutosh Steels Private Limited.

    • Durga Devi Rathi
    • Ram Kumar Rathi
    • Ashutosh Rathi
  • What is the registered address of Ashutosh Steels Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Ashutosh Steels Private Limited is Plot No. 8 Mujessar Main Road Sector - 24, India, Faridabad, Haryana, 121005.

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

    The corporate identification number (CIN) of Ashutosh Steels Private Limited is U45201HR1989PTC036566 and the company number is 036566 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for Ashutosh Steels Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Ashutosh Steels Private Limited has risen by 12.72%.

  • What change has been observed in the net worth of Ashutosh Steels Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Ashutosh Steels Private Limited has experienced an upsurge of 22.72%.

  • What are the total open charges for Ashutosh Steels Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Ashutosh Steels Private Limited amount to ₹ 4.60 Cr.

  • When was the last Balance Sheet of Ashutosh Steels Private Limited filed with the ROC?

    The most recent Balance Sheet for Ashutosh Steels Private Limited was filed with the ROC on 31 Mar 2024.

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