Aspen Steel Private Limited

Produces basic iron and steel products according to annual filings.

1996 | Bangaluru, Karnataka (India) | Active
Last Updated: January 24, 2025

Aspen Steel Profile

Key Indicators

  • Authorised Capital ₹ 3.00 M
  • Paid Up Capital ₹ 3.00 M
  • Company Age 28 Year, 11 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 10.47 Cr
  • Satisfied Charges ₹ 1.94 Cr
  • Revenue Growth 30.28%
  • Profit Growth 58.62%
  • Ebitda -17.38%
  • Net Worth 21.42%
  • Total Assets 42.04%

About Aspen Steel

Aspen Steel Private Limited (ASPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 20 February 1996 and has a history of 28 years and 11 months. Its registered office is in Bangaluru, Karnataka, India.

The Corporate was formerly known as Aspen Finance Private Limited. The Company is engaged in the Metals And Minerals 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 3.00 M and a paid-up capital of Rs 3.00 M.

The company currently has active open charges totaling ₹10.47 Cr. The company has closed loans amounting to ₹1.94 Cr, as per Ministry of Corporate Affairs (MCA) records.

Gautam Agarwal, Shradha Agarwal, and Suman Agarwal serve as directors at the Company.

Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    aspensteel.in

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U65993KA1996PTC019882

  • Company No.

    019882

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    20 Feb 1996

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Metals and Minerals

Who are the key members and board of directors at Aspen Steel?

Board Members (3)

Name Designation Appointment Date Status
Gautam Agarwal Country flag representing In Director 01-Apr-2005 Current
Shradha Agarwal Country flag representing In Director 16-Apr-2011 Current
Suman Agarwal Country flag representing In Director 16-Apr-2011 Current

Financial Performance of Aspen Steel.

Aspen Steel Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 30.28% increase. The company also saw a substantial improvement in profitability, with a 58.62% increase in profit. The company's net worth Soared by an impressive increase of 21.42%.

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
30.28%
Revenue from Operations
30.57%
Total Assets
42.04%
Profit or Loss
58.62%
Net Worth
21.42%
EBITDA
-17.38%

What is the Ownership and Shareholding Structure of Aspen Steel?

In 2023, Aspen Steel had a public 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

₹104.73 M

Satisfied Charges

₹19.40 M

Charges Breakdown by Lending Institutions

  • Others : 5.00 Cr
  • Axis Bank Limited : 2.97 Cr
  • Sidbi : 2.50 Cr

Latest Charge Details

Date Lender Amount Status
27 Feb 2024 Others ₹3.80 Cr Open
05 Sep 2023 Sidbi ₹2.50 Cr Open
03 Feb 2020 Others ₹1.20 Cr Open
30 Jul 2019 Axis Bank Limited ₹2.73 M Open
19 Dec 2014 Axis Bank Limited ₹2.70 Cr Open

How Many Employees Work at Aspen Steel?

Aspen Steel has a workforce of 20 employees as of Apr 05, 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 Aspen Steel, 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 Aspen Steel'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 Aspen Steel

Recent activity within the organization

  • Charges

    A charge with Others amounted to Rs. 38.00 M with Charge ID 100886051 was registered on 27 Feb 2024.

    27 Feb 2024

  • Annual General Meeting

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

    30 Sep 2023

  • Charges

    A charge with Sidbi amounted to Rs. 25.00 M with Charge ID 100772991 was registered on 05 Sep 2023.

    05 Sep 2023

  • Balance Sheet

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

    31 Mar 2023

  • Charges

    A charge with Others of Rs. 12.00 M registered on 03 Feb 2020 with Charge ID 100325960 was modified on 25 May 2022.

    25 May 2022

  • Charges

    A charge with Others amounted to Rs. 12.00 M with Charge ID 100325960 was registered on 03 Feb 2020.

    03 Feb 2020

Frequently asked questions

  • Aspen Steel Private Limited was incorporated on 20 Feb 1996.

  • The authorized share capital of Aspen Steel Private Limited is ₹ 3.00 M and paid-up capital is ₹ 3.00 M.

  • Currently 3 directors are associated with Aspen Steel Private Limited.

    • Gautam Agarwal
    • Shradha Agarwal
    • Suman Agarwal
  • As per Ministry of Corporate Affairs (Mca), the registered address of Aspen Steel Private Limited is No 54/1, 17Th 18Th K.M.Medahalli Village Old Madras India, Road Bangalore., Karnataka, 560049.

  • The corporate identification number (CIN) of Aspen Steel Private Limited is U65993KA1996PTC019882 and the company number is 019882 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Aspen Steel Private Limited is https://www.aspensteel.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Aspen Steel Private Limited has risen by 30.28%.

  • As Per 2023 financial reports, 20 employees are currently employed by Aspen Steel Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Aspen Steel Private Limited has experienced an upsurge of 21.42%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Aspen Steel Private Limited amount to ₹ 10.47 Cr.

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

People also Viewed

Similar Companies Based on Steel Manufacturing & Processing