Asmet Industries Private Limited

Manufacturer of fabricated parts for various industries, located in Bangalore with ISO certification.

2007 | Bangalore, Karnataka (India) | Active
Last Updated: June 16, 2024

Asmet Industries Profile

Key Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 9.00 M
  • Company Age 17 Year, 10 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 9.00 M
  • Satisfied Charges ₹ 3.68 M
  • Revenue Growth 12.03%
  • Profit Growth -11.27%
  • Ebitda -6.70%
  • Net Worth 7.11%
  • Total Assets 1.71%

About Asmet Industries

Asmet Industries Private Limited (AIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 29 March 2007 and has a history of 17 years and ten months. Its registered office is in Bangalore, Karnataka, India.

The Company is engaged in the Engineering 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 9.00 M.

The company currently has active open charges totaling ₹9.00 M. The company has closed loans amounting to ₹3.68 M, as per Ministry of Corporate Affairs (MCA) records.

Sachin Shetty, Shetty Kusha, Sachidananda Shetty, and One other member serve as directors at the Company.

Company Details

  • Location

    Bangalore, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    asmet.co.in

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U28122KA2007PTC042294

  • Company No.

    042294

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    29 Mar 2007

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Engineering

What products or services does Asmet Industries Private Limited offer?

Asmet Industries Private Limited offers a wide range of products and services, including Turning Tool, Machine Tools, Base Plates, Base Frame.

Who are the key members and board of directors at Asmet Industries?

Board Members (4)

Name Designation Appointment Date Status
Sachin Shetty Country flag representing In Director 02-Nov-2012 Current
Shetty Kusha Country flag representing In Director 29-Mar-2007 Current
Sachidananda Shetty Country flag representing In Director 29-Mar-2007 Current
Karthik Shetty Country flag representing In Director 02-Nov-2012 Current

Financial Performance of Asmet Industries.

Asmet Industries Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 12.03% increase. The company also saw a substantial fall in profitability, with a 11.27% decrease in profit. The company's net worth moved up by a moderate rise of 7.11%.

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
12.03%
Revenue from Operations
12.10%
Total Assets
1.71%
Profit or Loss
-11.27%
Net Worth
7.11%
EBITDA
-6.70%

What is the Ownership and Shareholding Structure of Asmet Industries?

In 2023, Asmet Industries 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

₹0.90 Cr

Satisfied Charges

₹0.37 Cr

Charges Breakdown by Lending Institutions

  • Others : 0.90 Cr

Latest Charge Details

Date Lender Amount Status
25 Jun 2007 Others ₹9.00 M Open
03 Oct 2008 Syndicate Bank ₹0.48 M Satisfied
25 Oct 2007 Syndicate Bank ₹3.20 M Satisfied

How Many Employees Work at Asmet Industries?

Asmet Industries has a workforce of 40 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 Asmet Industries, 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 Asmet Industries'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 Asmet Industries

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2023

  • Balance Sheet

    Asmet Industries Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.

    31 Mar 2023

  • Charges

    A charge registered on 03 Oct 2008 via Charge ID 10127007 with Syndicate Bank was fully satisfied on 30 Aug 2017.

    30 Aug 2017

  • Charges

    A charge registered on 25 Oct 2007 via Charge ID 10075037 with Syndicate Bank was fully satisfied on 30 Aug 2017.

    30 Aug 2017

  • Charges

    A charge with Others of Rs. 0.90 Cr registered on 25 Jun 2007 with Charge ID 10065507 was modified on 30 Aug 2017.

    30 Aug 2017

  • Director Appointment

    Sachin Shetty was appointed as a Director was appointed as a Director on 02 Nov 2012 & has been associated with this company since 12 years 3 months .

    02 Nov 2012

Frequently asked questions

  • Asmet Industries Private Limited was incorporated on 29 Mar 2007.

  • The authorized share capital of Asmet Industries Private Limited is ₹ 1.00 Cr and paid-up capital is ₹ 9.00 M.

  • Currently 4 directors are associated with Asmet Industries Private Limited.

    • Sachin Shetty
    • Shetty Anitha Kusha
    • Sachidananda Narayana Shetty
    • Karthik Shetty
  • As per Ministry of Corporate Affairs (Mca), the registered address of Asmet Industries Private Limited is No 503 4Th Phase Peenya Industrial Area Peenya, Bangalore, Karnataka, India, 560058.

  • The corporate identification number (CIN) of Asmet Industries Private Limited is U28122KA2007PTC042294 and the company number is 042294 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Asmet Industries Private Limited is https://www.asmet.co.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Asmet Industries Private Limited has risen by 12.03%.

  • As Per 2023 financial reports, 40 employees are currently employed by Asmet Industries Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Asmet Industries Private Limited has experienced an upsurge of 7.11%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Asmet Industries Private Limited amount to ₹ 9.00 M.

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