Ashvini Magnets Private Limited

Produces bonded magnets and magnet assemblies for various industries, located in Pune.

1996 | Pune, Maharashtra (India) | Active
Last Updated: October 24, 2024

Ashvini Magnets Profile

Key Indicators

  • Authorised Capital ₹ 5.00 M
  • Paid Up Capital ₹ 5.00 M
  • Company Age 28 Year, 10 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 8.70 Cr
  • Satisfied Charges ₹ 6.08 Cr
  • Revenue Growth -2.02%
  • Profit Growth -188.69%
  • Ebitda -155.24%
  • Net Worth -25.57%
  • Total Assets 1.05%

About Ashvini Magnets

Ashvini Magnets Private Limited (AMPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 22 March 1996 and has a history of 28 years and ten months. Its registered office is in Pune, Maharashtra, India.

The Company is engaged in the Machinery And Equipment 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 5.00 M.

The company currently has active open charges totaling ₹8.70 Cr. The company has closed loans amounting to ₹6.08 Cr, as per Ministry of Corporate Affairs (MCA) records.

Vikram Dhoot, Shilpa Dhoot, Ayush Dhoot, and One other member serve as directors at the Company.

Company Details

  • Location

    Pune, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    ashvinimagnets.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U27104MH1996PTC098335

  • Company No.

    098335

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    22 Mar 1996

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Pune

Industry

Machinery and Equipment

What products or services does Ashvini Magnets Private Limited offer?

Ashvini Magnets Private Limited offers a wide range of products and services, including Bar, Neodymium & Permanent Magnets, Magnet, Ball Bearing Assemblies & Components, Bearing Assemblies, Ferrite Magnet, Magnetic Equipment, Neodymium Magnets, Alnico Magnets.

Who are the key members and board of directors at Ashvini Magnets?

Executive Team (1)

Name Designation Appointment Date Status
Vikram Dhoot Country flag representing In Managing Director 20-Oct-1996 Current

Board Members (3)

Name Designation Appointment Date Status
Shilpa Dhoot Country flag representing In Director 01-Apr-2009 Current
Ayush Dhoot Country flag representing In Director 15-Jul-2023 Current
Nirmala Dhoot Country flag representing In Director 22-Mar-1996 Current

Financial Performance of Ashvini Magnets.

Ashvini Magnets Private Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 2.02% decrease. The company also saw a substantial fall in profitability, with a 188.69% decrease in profit. The company's net worth observed a substantial decline by a decrease of 25.57%.

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
-2.02%
Revenue from Operations
3.75%
Total Assets
1.05%
Profit or Loss
-188.69%
Net Worth
-25.57%
EBITDA
-155.24%

What is the Ownership and Shareholding Structure of Ashvini Magnets?

In 2023, Ashvini Magnets 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

₹87.00 M

Satisfied Charges

₹60.78 M

Charges Breakdown by Lending Institutions

  • Bank Of India : 8.70 Cr

Latest Charge Details

Date Lender Amount Status
23 Feb 2023 Bank Of India ₹8.70 Cr Open
22 Jul 2020 Others ₹1.83 M Satisfied
16 Sep 2016 Others ₹1.22 Cr Satisfied
17 Jun 2013 Tata Capital Financial Services Limited ₹1.87 Cr Satisfied
23 Dec 2011 Tata Capital Limited ₹7.35 M Satisfied

How Many Employees Work at Ashvini Magnets?

Ashvini Magnets has a workforce of 32 employees as of Apr 01, 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 Ashvini Magnets, 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 Ashvini Magnets'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 Ashvini Magnets

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2024

  • Balance Sheet

    Ashvini Magnets Private 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 22 Jul 2020 via Charge ID 100368444 with Others was fully satisfied on 17 Jul 2023.

    17 Jul 2023

  • Charges

    A charge registered on 16 Sep 2016 via Charge ID 100053151 with Others was fully satisfied on 17 Jul 2023.

    17 Jul 2023

  • Director Appointment

    Ayush Vikram Dhoot was appointed as a Director was appointed as a Director on 15 Jul 2023 & has been associated with this company since 1 year 7 months .

    15 Jul 2023

  • Charges

    A charge with Bank Of India amounted to Rs. 87.00 M with Charge ID 100684197 was registered on 23 Feb 2023.

    23 Feb 2023

Frequently asked questions

  • Ashvini Magnets Private Limited was incorporated on 22 Mar 1996.

  • The authorized share capital of Ashvini Magnets Private Limited is ₹ 5.00 M and paid-up capital is ₹ 5.00 M.

  • Currently 4 directors are associated with Ashvini Magnets Private Limited.

    • Vikram Ajit Dhoot
    • Shilpa Vikram Dhoot
    • Ayush Vikram Dhoot
    • Nirmala Ajit Dhoot
  • As per Ministry of Corporate Affairs (Mca), the registered address of Ashvini Magnets Private Limited is Flat No. 1 Akanksha Apts 1St Floor Pallod Farms-2 Lane 4 Behind Mauli Petrol Pum P, Baner India, Pune, Maharashtra, 411045.

  • The corporate identification number (CIN) of Ashvini Magnets Private Limited is U27104MH1996PTC098335 and the company number is 098335 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Ashvini Magnets Private Limited is https://www.ashvinimagnets.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Ashvini Magnets Private Limited has fallen by -2.02%.

  • As Per 2023 financial reports, 32 employees are currently employed by Ashvini Magnets Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Ashvini Magnets Private Limited has experienced an downturn of -25.57%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Ashvini Magnets Private Limited amount to ₹ 8.70 Cr.

  • The most recent Balance Sheet for Ashvini Magnets Private Limited was filed with the ROC on 31 Mar 2024.

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