Asscher Enterprises Limited

Trading tubes, investments, and consultancy services since 1995 in Pune.

1995 | Pune, Maharashtra (India) | Active
Last Updated:

Asscher Enterprises Profile

Key Indicators

  • Authorised Capital ₹ 12.00 Cr
  • Paid Up Capital ₹ 10.23 Cr
  • Company Age 29 Year, 8 Months
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 24.60 Cr
  • Revenue Growth 402.74%
  • Profit Growth 18339.54%
  • Ebitda -150.46%
  • Net Worth 290.57%
  • Total Assets 260.33%

About Asscher Enterprises

Asscher Enterprises Limited (AEL) is a leading Public Limited Indian Non-Government Company incorporated in India on 24 July 1995 and has a history of 29 years and eight months. Its registered office is in Pune, Maharashtra, India.

The Corporate was formerly known as Indian Seamless Enterprises Limited. The Company is engaged in the Financial Services Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 12.00 Cr and a paid-up capital of Rs 10.23 Cr.

The company has closed loans amounting to ₹24.60 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Asscher Enterprises Limited India are Anchal Jaiswal as Company Secretary, Rajendra Mangrulkar as Cfo, Vilas Raut as Ceo, and One other members. Narayan Karbhase, Vilas Raut, Dhananjay Prabhune, and Three other members serve as directors at the Company.

Company Details

  • Location

    Pune, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U29000PN1995PLC090946

  • Company No.

    090946

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    24 Jul 1995

  • Date of AGM

    27 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Pune

Industry

Financial Services
Business Outsourcing
Metals and Minerals

What products or services does Asscher Enterprises Limited offer?

Asscher Enterprises Limited offers a wide range of products and services, including Hydraulic Cylinders, Steel Bars, Rods, Plates & Sheets, Steel Bars, Steel Pipes, Steel Tubes, Industrial Steel, Structural Steel, CNC Machines & Lathe Machine, CNC Machined Components, Floor Cleaning Machine.

Company report

Asscher Enterprises Limited

Explore comprehensive data for Asscher Enterprises Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Asscher Enterprises?

Executive Team (4)

NameDesignationAppointment DateStatus
Anchal Jaiswal Company Secretary13-Mar-2020Current
Rajendra Mangrulkar CFO01-Apr-2021Current
Vilas Raut CEO20-Aug-2024Current
Baldevraj Taneja Country flag representing In Managing Director01-Apr-2022Current

Board Members (5)

NameDesignationAppointment DateStatus
Narayan Karbhase Country flag representing In Director 10-Aug-1998Current
Vilas Raut Country flag representing In Whole-Time Director 16-Aug-2024Current
Dhananjay Prabhune Country flag representing In Director 30-Aug-2021Current
Vijaykumar Ravetkar Country flag representing In Director 02-May-2016Current
Rajesh Shah Country flag representing In Director 30-Aug-2021Current

Financial Performance of Asscher Enterprises.

Asscher Enterprises Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 402.74% increase. The company also saw a substantial improvement in profitability, with a 18339.54% increase in profit. The company's net worth Soared by an impressive increase of 290.57%.

Asscher Enterprises revenue growth over time
Asscher Enterprises 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
402.74%
Revenue from Operations
Total Assets
260.33%
Profit or Loss
18339.54%
Net Worth
290.57%
EBITDA
-150.46%

What is the Ownership and Shareholding Structure of Asscher Enterprises?

In 2023, Asscher Enterprises had a promoter holding of 77.01% and a public holding of 22.99%. The company had 2 Subsidiaries and 2 Associate Companies. 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

Satisfied Charges

₹24.60 Cr

Charges Breakdown by Lending Institutions

  • Kalyant Steels Limited : 13.00 Cr
  • Others : 11.60 Cr

Latest Charge Details

DateLenderAmountStatus
24 Jan 2019Others₹6.00 MSatisfied
19 Mar 2018Others₹5.00 CrSatisfied
24 Mar 2015Others₹6.00 CrSatisfied
14 Aug 2003Kalyant Steels Limited₹13.00 CrSatisfied

How Many Employees Work at Asscher Enterprises?

Unlock and access historical data on people associated with Asscher Enterprises, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee growth trends for Asscher Enterprises Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Asscher Enterprises, 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 Asscher Enterprises'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 Asscher Enterprises

Recent activity within the organization

  • Annual General Meeting

    Asscher Enterprises Limited last Annual general meeting of members was held on 27 Sep 2024 as per latest MCA records.

  • Director Appointment

    Vilas Changdev Raut was appointed as a Ceo was appointed as a Ceo on 20 Aug 2024 & has been associated with this company since 7 months 24 days .

  • Director Appointment

    Vilas Changdev Raut was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 16 Aug 2024 & has been associated with this company since 7 months 28 days .

  • Balance Sheet

    Asscher Enterprises Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Pune.

  • Charges

    A charge registered on 24 Jan 2019 via Charge ID 100236492 with Others was fully satisfied on 23 May 2022.

  • Charges

    A charge registered on 19 Mar 2018 via Charge ID 100177469 with Others was fully satisfied on 23 May 2022.

Frequently asked questions

  • What is the Incorporation or founding date of Asscher Enterprises Limited?

    Asscher Enterprises Limited was incorporated on 24 Jul 1995.

  • What is authorized share capital and paid-up capital of Asscher Enterprises Limited?

    The authorized share capital of Asscher Enterprises Limited is ₹ 12.00 Cr and paid-up capital is ₹ 10.23 Cr.

  • Who are the current board members & directors of Asscher Enterprises Limited?

    Currently 10 directors are associated with Asscher Enterprises Limited.

    • Narayan Vithal Karbhase
    • Vilas Changdev Raut
    • Anchal Jaiswal
    • Rajendra Krishnat Mangrulkar
    • Vilas Changdev Raut
    • Anchal Jaiswal
    • Dhananjay Prabhune
    • Vijaykumar Gangadhar Ravetkar
    • Baldevraj Topanram Taneja
    • Rajesh Shevantilal Shah

  • What is the registered address of Asscher Enterprises Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Asscher Enterprises Limited is 503 5Th Floor Lunkad Sky Station Co-Operative Premises Society Ltd Plot No.109 Viman Nagar, India, Pune, Maharashtra, 411014.

  • What is the corporate identification number (CIN) and company number of Asscher Enterprises Limited?

    The corporate identification number (CIN) of Asscher Enterprises Limited is U29000PN1995PLC090946 and the company number is 090946 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Asscher Enterprises Limited?

    The Official website of Asscher Enterprises Limited is https://www.isel.co.in

  • What has been the recent revenue trend for Asscher Enterprises Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Asscher Enterprises Limited has risen by 402.74%.

  • What change has been observed in the net worth of Asscher Enterprises Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Asscher Enterprises Limited has experienced an upsurge of 290.57%.

  • When was the last Balance Sheet of Asscher Enterprises Limited filed with the ROC?

    The most recent Balance Sheet for Asscher Enterprises Limited was filed with the ROC on 31 Mar 2024.

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