Asian Energy Services Limited

Oil and gas industry service provider with seismic, drilling, and EPC services.

1992 | Mumbai, Maharashtra (India) | Active
Last Updated: July 16, 2024

Asian Energy Services Profile

Key Indicators

  • Authorised Capital ₹ 50.00 Cr
  • Paid Up Capital ₹ 40.92 Cr
  • Company Age 32 Year, 10 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 70.00 Cr
  • Satisfied Charges ₹ 273.49 Cr
  • Revenue Growth -57.58%
  • Profit Growth -146.64%
  • Ebitda -115.99%
  • Net Worth -12.80%
  • Total Assets -7.09%

About Asian Energy Services

Asian Energy Services Limited (AESL) is a leading Public Limited Indian Non-Government Company incorporated in India on 09 March 1992 and has a history of 32 years and ten months. Its registered office is in Mumbai, Maharashtra, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 530355 and on the National Stock Exchange(NSE) under ASIANENE.

The Corporate was formerly known as Asian Limited. The Company is engaged in the Energy And Power 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 50.00 Cr and a paid-up capital of Rs 40.92 Cr.

The company currently has active open charges totaling ₹70.00 Cr. The company has closed loans amounting to ₹273.49 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Asian Energy Services Limited India are Nirav Talati as CFO and Shweta Agrawal as Company Secretary. Brij Bansal, Nayan Borah, Mukesh Jain, and Three other members serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    L23200MH1992PLC318353

  • Company No.

    318353

  • Stock Symbol

    BSE : 530355 NSE : ASIANENE

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    09 Mar 1992

  • Date of AGM

    28 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Listed

  • ROC Code

    Roc Mumbai

Industry

Energy and Power

What products or services does Asian Energy Services Limited offer?

Asian Energy Services Limited offers a wide range of products and services, including Architectural & Civil Engineering, Architectural Services, Computer Hardware & Network Support, Network Maintenance Services, Drilling & Boring Equipment, Drilling Equipment.

Who are the key members and board of directors at Asian Energy Services?

Executive Team (3)

NameDesignationAppointment DateStatus
Kapil Garg Country flag representing In Managing Director07-Jul-2020Current
Nirav Talati Country flag representing In CFO06-Aug-2020Current
Shweta Agrawal Country flag representing In Company Secretary12-Feb-2021Current

Board Members (5)

NameDesignationAppointment DateStatus
Brij Bansal Country flag representing In Director 12-Feb-2021Current
Anusha Mehta Country flag representing In Director 03-Nov-2016Current
Mukesh Jain Country flag representing In Director 29-May-2019Current
Nayan Borah Country flag representing In Director 19-Mar-2019Current
Rabi Bastia Country flag representing In Director 04-Mar-2013Current

Financial Performance of Asian Energy Services.

Asian Energy Services Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 57.58% decrease. The company also saw a substantial fall in profitability, with a 146.64% decrease in profit. The company's net worth observed a substantial decline by a decrease of 12.8%.

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
-57.58%
Revenue from Operations
-56.77%
Total Assets
-7.09%
Profit or Loss
-146.64%
Net Worth
-12.80%
EBITDA
-115.99%

What is the Ownership and Shareholding Structure of Asian Energy Services?

In 2023, Asian Energy Services had a promoter holding of 61.45% and a public holding of 38.54%. The company had 3 Subsidiaries. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹70.00 Cr

Satisfied Charges

₹273.49 Cr

Charges Breakdown by Lending Institutions

  • Others : 70.00 Cr

Latest Charge Details

DateLenderAmountStatus
30 Jul 2022Others₹70.00 CrOpen
30 Sep 2020Others₹40.00 CrSatisfied
24 Apr 2019Others₹3.80 CrSatisfied
27 Mar 2019Others₹1.50 CrSatisfied
14 Dec 2018Others₹3.40 CrSatisfied

How Many Employees Work at Asian Energy Services?

Asian Energy Services has a workforce of 384 employees as of Jun 20, 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 Asian Energy Services, 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 Asian Energy Services'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 Asian Energy Services

Recent activity within the organization

  • Annual General Meeting

    Asian Energy Services Limited last Annual general meeting of members was held on 28 Sep 2023 as per latest MCA records.

    28 Sep 2023

  • Balance Sheet

    Asian Energy Services Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

    31 Mar 2023

  • Charges

    A charge registered on 30 Sep 2020 via Charge ID 100372577 with Others was fully satisfied on 25 Nov 2022.

    25 Nov 2022

  • Charges

    A charge with Others amounted to Rs. 70.00 Cr with Charge ID 100604352 was registered on 30 Jul 2022.

    30 Jul 2022

  • Charges

    A charge with Others of Rs. 40.00 Cr registered on 30 Sep 2020 with Charge ID 100372577 was modified on 17 Mar 2022.

    17 Mar 2022

  • Director Appointment

    Brij Mohan Bansal was appointed as a Director was appointed as a Director on 12 Feb 2021 & has been associated with this company since 3 years 11 months .

    12 Feb 2021

Frequently asked questions

  • Asian Energy Services Limited was incorporated on 09 Mar 1992.

  • The authorized share capital of Asian Energy Services Limited is ₹ 50.00 Cr and paid-up capital is ₹ 40.92 Cr.

  • Currently 8 directors are associated with Asian Energy Services Limited.

    • Brij Mohan Bansal
    • Nayan Mani Borah
    • Mukesh Ravish Chander Jain
    • Kapil Garg
    • Rabi Narayan Bastia
    • Anusha Mehta
    • Nirav Bipin Talati
    • Shweta Agrawal
  • As per Ministry of Corporate Affairs (Mca), the registered address of Asian Energy Services Limited is 3B 3Rd Floor Omkar Esquare Chunabhatti Signal, Eastern Express Highway Sion (East), Mumbai, Maharashtra, India, 400022.

  • The corporate identification number (CIN) of Asian Energy Services Limited is L23200MH1992PLC318353 and the company number is 318353 as per Ministry of Corporate Affairs (MCA).

  • Yes, Asian Energy Services Limited is registered on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE): ASIANENE.

  • The Official website of Asian Energy Services Limited is https://www.asianoilfield.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Asian Energy Services Limited has fallen by -57.58%.

  • As Per 2023 financial reports, 384 employees are currently employed by Asian Energy Services Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Asian Energy Services Limited has experienced an downturn of -12.80%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Asian Energy Services Limited amount to ₹ 70.00 Cr.

  • The most recent Balance Sheet for Asian Energy Services Limited was filed with the ROC on 31 Mar 2023.

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