Asian Handicrafts Private Limited

Exports handicrafts to major retailers and countries, with a focus on cottage industry.

2003 | Delhi (India) | Active
Last Updated: October 24, 2024

Asian Handicrafts Profile

Key Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 6.25 M
  • Company Age 21 Year, 9 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 32.12 Cr
  • Satisfied Charges ₹ 22.50 Cr
  • Revenue Growth 8.98%
  • Profit Growth -18.27%
  • Ebitda -32.64%
  • Net Worth 10.87%
  • Total Assets 2.11%

About Asian Handicrafts

Asian Handicrafts Private Limited (AHPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 14 May 2003 and has a history of 21 years and nine months. Its registered office is in Delhi, India.

The Company is engaged in the Home & Lifestyle 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 1.00 Cr and a paid-up capital of Rs 6.25 M.

The company currently has active open charges totaling ₹32.12 Cr. The company has closed loans amounting to ₹22.50 Cr, as per Ministry of Corporate Affairs (MCA) records.

Sangeeta Malhotra, Raj Malhotra, Amit Malhotra, and One other member serve as directors at the Company.

Company Details

  • Location

    Delhi, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    asianhandicrafts.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U18101DL2003PTC120359

  • Company No.

    120359

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    14 May 2003

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Delhi

Industry

Home & Lifestyle

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

Executive Team (1)

NameDesignationAppointment DateStatus
Raj Malhotra Country flag representing In Managing Director07-Jun-2006Current

Board Members (3)

NameDesignationAppointment DateStatus
Amit Malhotra Country flag representing In Director 14-May-2003Current
Sangeeta Malhotra Country flag representing In Director 14-May-2003Current
Varun Malhotra Country flag representing In Director 14-May-2003Current

Financial Performance of Asian Handicrafts.

Asian Handicrafts Private Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 8.98% increase. The company also saw a substantial fall in profitability, with a 18.27% decrease in profit. The company's net worth Soared by an impressive increase of 10.87%.

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
8.98%
Revenue from Operations
5.96%
Total Assets
2.11%
Profit or Loss
-18.27%
Net Worth
10.87%
EBITDA
-32.64%

What is the Ownership and Shareholding Structure of Asian Handicrafts?

In 2022, Asian Handicrafts 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

₹32.12 Cr

Satisfied Charges

₹22.50 Cr

Charges Breakdown by Lending Institutions

  • Others : 31.33 Cr
  • Axis Bank Limited : 0.79 Cr

Latest Charge Details

DateLenderAmountStatus
16 Aug 2021Axis Bank Limited₹7.90 MOpen
26 Oct 2020Others₹2.10 CrOpen
28 Jan 2019Others₹19.33 CrOpen
30 May 2018Others₹9.90 CrOpen
21 Jul 2016Others₹5.00 CrSatisfied

How Many Employees Work at Asian Handicrafts?

Asian Handicrafts has a workforce of 191 employees as of Mar 30, 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 Handicrafts, 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 Handicrafts'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 Handicrafts

Recent activity within the organization

  • Charges

    A charge with Others of Rs. 19.33 Cr registered on 28 Jan 2019 with Charge ID 100244448 was modified on 13 Jun 2024.

    13 Jun 2024

  • Annual General Meeting

    Asian Handicrafts Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Asian Handicrafts Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Delhi.

    31 Mar 2023

  • Charges

    A charge with Others of Rs. 9.90 Cr registered on 30 May 2018 with Charge ID 100203367 was modified on 26 Nov 2021.

    26 Nov 2021

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 0.79 Cr with Charge ID 100475968 was registered on 16 Aug 2021.

    16 Aug 2021

  • Charges

    A charge with Others amounted to Rs. 2.10 Cr with Charge ID 100387867 was registered on 26 Oct 2020.

    26 Oct 2020

Frequently asked questions

  • Asian Handicrafts Private Limited was incorporated on 14 May 2003.

  • The authorized share capital of Asian Handicrafts Private Limited is ₹ 1.00 Cr and paid-up capital is ₹ 6.25 M.

  • Currently 4 directors are associated with Asian Handicrafts Private Limited.

    • Sangeeta Malhotra
    • Raj Kumar Malhotra
    • Amit Malhotra
    • Varun Malhotra
  • As per Ministry of Corporate Affairs (Mca), the registered address of Asian Handicrafts Private Limited is J-2/6, B.K. Dutt Market Rajouri Garden India, New Delhi, 110027.

  • The corporate identification number (CIN) of Asian Handicrafts Private Limited is U18101DL2003PTC120359 and the company number is 120359 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Asian Handicrafts Private Limited is https://www.asianhandicrafts.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Asian Handicrafts Private Limited has risen by 8.98%.

  • As Per 2023 financial reports, 191 employees are currently employed by Asian Handicrafts Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Asian Handicrafts Private Limited has experienced an upsurge of 10.87%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Asian Handicrafts Private Limited amount to ₹ 32.12 Cr.

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