Aswani Industries Private Limited

Manufacturer of AAC blocks and building materials, serving top clients in Surat.

1996 | Surat, Gujarat (India) | Active
Last Updated: November 17, 2024

Aswani Industries Profile

Key Indicators

  • Authorised Capital ₹ 7.00 Cr
  • Paid Up Capital ₹ 5.05 Cr
  • Company Age 28 Year, 5 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 51.67 Cr
  • Satisfied Charges ₹ 21.69 Cr
  • Revenue Growth 34.22%
  • Profit Growth 78.80%
  • Ebitda 63.43%
  • Net Worth 59.95%
  • Total Assets 21.72%

About Aswani Industries

Aswani Industries Private Limited (AIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 12 August 1996 and has a history of 28 years and five months. Its registered office is in Surat, Gujarat, India.

The Corporate was formerly known as Aswani Construction Private Limited. The Company is engaged in the Manufacturing 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 7.00 Cr and a paid-up capital of Rs 5.05 Cr.

The company currently has active open charges totaling ₹51.67 Cr. The company has closed loans amounting to ₹21.69 Cr, as per Ministry of Corporate Affairs (MCA) records.

Navin Aswani, Kamlesh Sewani, and Jaiprakash Ashwani serve as directors at the Company.

Company Details

  • Location

    Surat, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U45201GJ1996PTC030462

  • Company No.

    030462

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    12 Aug 1996

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Manufacturing

What products or services does Aswani Industries Private Limited offer?

Aswani Industries Private Limited offers a wide range of products and services, including Paints, Wall Putty & Varnishes, Wall Putty, Precious Stones & Gemstone Jewelry, Gemstone Jewelry, Cement and Concrete, Concrete Admixture, Roofing and False ceiling, Roofing Material, Cement Grout & Grouting compounds, Adhesives, Glue and Sealants.

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

Board Members (3)

Name Designation Appointment Date Status
Navin Aswani Country flag representing In Director 04-Apr-2013 Current
Kamlesh Sewani Country flag representing In Director 31-Mar-2018 Current
Jaiprakash Ashwani Country flag representing In Director 12-Aug-1996 Current

Financial Performance of Aswani Industries.

Aswani Industries Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 34.22% increase. The company also saw a substantial improvement in profitability, with a 78.8% increase in profit. The company's net worth Soared by an impressive increase of 59.95%.

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
34.22%
Revenue from Operations
34.12%
Total Assets
21.72%
Profit or Loss
78.80%
Net Worth
59.95%
EBITDA
63.43%

What is the Ownership and Shareholding Structure of Aswani Industries?

In 2023, Aswani Industries had a promoter holding of 99.01% and a public holding of 0.99%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹51.67 Cr

Satisfied Charges

₹21.69 Cr

Charges Breakdown by Lending Institutions

  • State Bank Of India : 46.00 Cr
  • Hdfc Bank Limited : 3.55 Cr
  • Axis Bank Limited : 2.12 Cr

Latest Charge Details

Date Lender Amount Status
24 Feb 2023 Hdfc Bank Limited ₹2.25 Cr Open
01 Aug 2022 Hdfc Bank Limited ₹3.00 M Open
20 Apr 2022 Hdfc Bank Limited ₹1.00 Cr Open
14 Oct 2021 Axis Bank Limited ₹1.94 Cr Open
13 Jul 2021 Axis Bank Limited ₹1.84 M Open

How Many Employees Work at Aswani Industries?

Aswani Industries has a workforce of 105 employees as of Apr 06, 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 Aswani 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 Aswani 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 Aswani Industries

Recent activity within the organization

  • Annual General Meeting

    Aswani Industries Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Aswani Industries Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.

    31 Mar 2024

  • Charges

    A charge registered on 13 Feb 2020 via Charge ID 100335295 with Hdfc Bank Limited was fully satisfied on 22 Mar 2024.

    22 Mar 2024

  • Charges

    A charge registered on 25 Mar 2021 via Charge ID 100434402 with Axis Bank Limited was fully satisfied on 18 Mar 2024.

    18 Mar 2024

  • Charges

    A charge with State Bank Of India of Rs. 23.00 Cr registered on 17 May 2012 with Charge ID 10358629 was modified on 04 Mar 2024.

    04 Mar 2024

  • Charges

    A charge registered on 28 Dec 2016 via Charge ID 100079350 with Others was fully satisfied on 21 Jul 2023.

    21 Jul 2023

Frequently asked questions

  • Aswani Industries Private Limited was incorporated on 12 Aug 1996.

  • The authorized share capital of Aswani Industries Private Limited is ₹ 7.00 Cr and paid-up capital is ₹ 5.05 Cr.

  • Currently 3 directors are associated with Aswani Industries Private Limited.

    • Navin Ashok Aswani
    • Kamlesh Pahilajbhai Sewani
    • Jaiprakash Khanchand Ashwani
  • As per Ministry of Corporate Affairs (Mca), the registered address of Aswani Industries Private Limited is 2Nd Floor Office-25 Tps-4 Fp-172 Ascon City, City Light Road India, Surat, Gujarat, 395007.

  • The corporate identification number (CIN) of Aswani Industries Private Limited is U45201GJ1996PTC030462 and the company number is 030462 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Aswani Industries Private Limited is https://www.ascolite.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Aswani Industries Private Limited has risen by 34.22%.

  • As Per 2023 financial reports, 105 employees are currently employed by Aswani Industries Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Aswani Industries Private Limited has experienced an upsurge of 59.95%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Aswani Industries Private Limited amount to ₹ 51.67 Cr.

  • The most recent Balance Sheet for Aswani Industries Private Limited was filed with the ROC on 31 Mar 2024.

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