Asuti Trading Private Limited

This company trades iron and steel items and offers financing and advisory services for industrial properties.

1996 | Bangaluru, Karnataka (India) | Active
Last Updated: January 11, 2025

Asuti Trading Profile

Key Indicators

  • Authorised Capital ₹ 7.00 Cr
  • Paid Up Capital ₹ 3.08 Cr
  • Company Age 28 Year, 9 Months
  • Last Filing with ROC 31 Mar 2018
  • Open Charges ₹ 197.50 Cr
  • Satisfied Charges ₹ 25.00 Cr
  • Revenue Growth -69.28%
  • Profit Growth 46.94%
  • Ebitda -334.78%
  • Net Worth -16.31%
  • Total Assets 14.99%

About Asuti Trading

Asuti Trading Private Limited (ATPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 23 April 1996 and has a history of 28 years and nine months. Its registered office is in Bangaluru, Karnataka, India.

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 2018. It's a company limited by shares with an authorized capital of Rs 7.00 Cr and a paid-up capital of Rs 3.08 Cr.

The company currently has active open charges totaling ₹197.50 Cr. The company has closed loans amounting to ₹25.00 Cr, as per Ministry of Corporate Affairs (MCA) records.

Raj Goel, Nilesh Thakare, and Uddhav Bhamare serve as directors at the Company.

Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U65921KA1996PTC020352

  • Company No.

    020352

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    23 Apr 1996

  • Date of AGM

    29 Sep 2018

  • Date of Balance Sheet

    31 Mar 2018

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Metals and Minerals

Who are the key members and board of directors at Asuti Trading?

Board Members (3)

NameDesignationAppointment DateStatus
Raj Goel Country flag representing In Director 19-Mar-2016Current
Nilesh Thakare Country flag representing In Additional Director Current
Uddhav Bhamare Country flag representing In Additional Director Current

Financial Performance of Asuti Trading.

Asuti Trading Private Limited, for the financial year ended 2018, experienced significant reduction in revenue, with a 69.28% decrease. The company also saw a substantial improvement in profitability, with a 46.94% increase in profit. The company's net worth observed a substantial decline by a decrease of 16.31%.

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
-69.28%
Revenue from Operations
-70.33%
Total Assets
14.99%
Profit or Loss
46.94%
Net Worth
-16.31%
EBITDA
-334.78%

What is the Ownership and Shareholding Structure of Asuti Trading?

In 2018, Asuti Trading 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

₹197.50 Cr

Satisfied Charges

₹25.00 Cr

Charges Breakdown by Lending Institutions

  • Others : 122.50 Cr
  • Punjab And Maharashtra Co-Operative Bank Limited : 75.00 Cr

Latest Charge Details

DateLenderAmountStatus
22 Sep 2017Punjab And Maharashtra Co-Operative Bank Limited₹75.00 CrOpen
23 Nov 2016Others₹52.50 CrOpen
05 Jul 2016Others₹50.00 CrOpen
04 Dec 2007Others₹20.00 CrOpen
28 Mar 2009The Lakshmi Vilas Bank Ltd.₹5.00 CrSatisfied

How Many Employees Work at Asuti Trading?

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

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Asuti Trading, 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 Asuti Trading'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 Asuti Trading

Recent activity within the organization

  • Annual General Meeting

    Asuti Trading Private Limited last Annual general meeting of members was held on 29 Sep 2018 as per latest MCA records.

    29 Sep 2018

  • Balance Sheet

    Asuti Trading Private Limited has filed its annual Financial statements for the year ended 31 Mar 2018 with Roc Bangalore.

    31 Mar 2018

  • Charges

    A charge with Punjab And Maharashtra Co-Operative Bank Limited amounted to Rs. 75.00 Cr with Charge ID 100191280 was registered on 22 Sep 2017.

    22 Sep 2017

  • Charges

    A charge with Others of Rs. 50.00 Cr registered on 05 Jul 2016 with Charge ID 100042068 was modified on 23 Jun 2017.

    23 Jun 2017

  • Charges

    A charge with Others of Rs. 52.50 Cr registered on 23 Nov 2016 with Charge ID 100072234 was modified on 13 Dec 2016.

    13 Dec 2016

  • Charges

    A charge with Others amounted to Rs. 52.50 Cr with Charge ID 100072234 was registered on 23 Nov 2016.

    23 Nov 2016

Frequently asked questions

  • Asuti Trading Private Limited was incorporated on 23 Apr 1996.

  • The authorized share capital of Asuti Trading Private Limited is ₹ 7.00 Cr and paid-up capital is ₹ 3.08 Cr.

  • Currently 3 directors are associated with Asuti Trading Private Limited.

    • Raj Kumar Goel
    • Nilesh Rameshrao Thakare
    • Uddhav Bhaurao Bhamare
  • As per Ministry of Corporate Affairs (Mca), the registered address of Asuti Trading Private Limited is 1176 1St Floor, 12Th B. Main Hal 2Nd Stage India, Bangalore, Karnataka, 560008.

  • The corporate identification number (CIN) of Asuti Trading Private Limited is U65921KA1996PTC020352 and the company number is 020352 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2018, the revenue trend for Asuti Trading Private Limited has fallen by -69.28%.

  • The financial reports for the fiscal year 2018 indicates that The net worth of Asuti Trading Private Limited has experienced an downturn of -16.31%.

  • As per the financial statements for fiscal Year 2018, The total open charges for Asuti Trading Private Limited amount to ₹ 197.50 Cr.

  • The most recent Balance Sheet for Asuti Trading Private Limited was filed with the ROC on 31 Mar 2018.

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