Asian Sealing Products Profile
Key Indicators
- Authorised Capital ₹ 5.00 Cr
- Paid Up Capital ₹ 4.12 Cr
- Company Age 13 Year, 9 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 58.11 Cr
- Satisfied Charges ₹ 12.83 Cr
- Revenue Growth 101.71%
- Profit Growth 514.90%
- Ebitda 57.39%
- Net Worth 66.62%
- Total Assets 48.36%
About Asian Sealing Products
Asian Sealing Products Private Limited (ASPPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 23 May 2011 and has a history of 13 years and nine months. Its registered office is in Kanchipuram, Tamil Nadu, 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 2023. It's a company limited by shares with an authorized capital of Rs 5.00 Cr and a paid-up capital of Rs 4.12 Cr.
The company currently has active open charges totaling ₹58.11 Cr. The company has closed loans amounting to ₹12.83 Cr, as per Ministry of Corporate Affairs (MCA) records.
Azhahia Vaithiyanathan, Rathinam Aranganathan, Lakshmipriyaa Veerakumar, and One other member serve as directors at the Company.
Company Details
- Location
Kanchipuram, Tamil Nadu, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U28910TN2011PTC080741
- Company No.
080741
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
23 May 2011
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Chennai
Industry
What products or services does Asian Sealing Products Private Limited offer?
Asian Sealing Products Private Limited offers a wide range of products and services, including Industrial Gaskets, Ring Gasket, Ring Joint Gaskets, Rubber Gaskets and Gasket Material, Rubber Gaskets, Gaskets, Metal Gasket, Metallic Gaskets.
Who are the key members and board of directors at Asian Sealing Products?
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Subramaniam Venkatakrishnan  | Director | 23-May-2011 | Current |
| Azhahia Vaithiyanathan | Director | 03-Aug-2019 | Current |
| Rathinam Aranganathan | Director | 01-Apr-2016 | Current |
| Lakshmipriyaa Veerakumar | Director | 23-May-2011 | Current |
Financial Performance of Asian Sealing Products.
Asian Sealing Products Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 101.71% increase. The company also saw a substantial improvement in profitability, with a 514.9% increase in profit. The company's net worth Soared by an impressive increase of 66.62%.
- Key Matrics
- Balance Sheet
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What is the Ownership and Shareholding Structure of Asian Sealing Products?
In 2023, Asian Sealing Products had a promoter holding of 77.50% and a public holding of 22.50%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Tvastar Forging Private LimitedRathinam Aranganathan and Subramaniam Venkatakrishnan are mutual person
Charges (Loans)
₹58.11 Cr
₹12.83 Cr
Charges Breakdown by Lending Institutions
- Canara Bank : 31.75 Cr
- Others : 24.57 Cr
- Axis Bank Limited : 1.79 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 20 Sep 2024 | Others | ₹19.00 Cr | Open |
| 10 Jul 2024 | Others | ₹3.00 M | Open |
| 08 May 2024 | Axis Bank Limited | ₹9.67 M | Open |
| 29 Jan 2024 | Others | ₹3.67 M | Open |
| 29 Sep 2023 | Canara Bank | ₹2.64 Cr | Open |
How Many Employees Work at Asian Sealing Products?
Asian Sealing Products has a workforce of 252 employees as of Jan 24, 2025. 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Asian Sealing Products, 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 Sealing Products's trajectory.
Rating
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
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.