Avdesh Steel Works Private Limited

Manufactures SS flat bars and ingots from scrap with 12,000 TPA production capacity.

2013 | Mumbai, Maharashtra (India) | Active
Last Updated: June 16, 2024

Avdesh Steel Works Profile

Key Indicators

  • Authorised Capital ₹ 4.50 Cr
  • Paid Up Capital ₹ 4.50 Cr
  • Company Age 12 Year, 20 Days
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 24.38 Cr
  • Satisfied Charges ₹ 26.73 Cr
  • Revenue Growth 7.69%
  • Profit Growth 2.86%
  • Ebitda 5.39%
  • Net Worth 13.46%
  • Total Assets 13.32%

About Avdesh Steel Works

Avdesh Steel Works Private Limited (ASWPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 18 January 2013 and has a history of 12 years. Its registered office is in Mumbai, Maharashtra, 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 2023. It's a company limited by shares with an authorized capital of Rs 4.50 Cr and a paid-up capital of Rs 4.50 Cr.

The company currently has active open charges totaling ₹24.38 Cr. The company has closed loans amounting to ₹26.73 Cr, as per Ministry of Corporate Affairs (MCA) records.

Piyush Jain, Chandra Jain, and Gorav Jain serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U27205MH2013PTC239815

  • Company No.

    239815

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    18 Jan 2013

  • Date of AGM

    28 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Metals and Minerals

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

Board Members (3)

Name Designation Appointment Date Status
Piyush Jain Country flag representing In Director 18-Jan-2013 Current
Chandra Jain Country flag representing In Director 07-Oct-2019 Current
Gorav Jain Country flag representing In Director 18-Jan-2013 Current

Financial Performance of Avdesh Steel Works.

Avdesh Steel Works Private Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 7.69% increase. The company also saw a slight improvement in profitability, with a 2.86% increase in profit. The company's net worth Soared by an impressive increase of 13.46%.

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
7.69%
Revenue from Operations
7.66%
Total Assets
13.32%
Profit or Loss
2.86%
Net Worth
13.46%
EBITDA
5.39%

What is the Ownership and Shareholding Structure of Avdesh Steel Works?

In 2023, Avdesh Steel Works had a promoter holding of 0.20% and a public holding of 99.80%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹24.38 Cr

Satisfied Charges

₹26.73 Cr

Charges Breakdown by Lending Institutions

  • State Bank Of India : 24.38 Cr

Latest Charge Details

Date Lender Amount Status
23 Dec 2014 State Bank Of India ₹24.38 Cr Open
19 Jan 2018 Hdfc Bank Limited ₹16.78 Cr Satisfied
23 Dec 2014 State Bank Of India ₹9.95 Cr Satisfied

How Many Employees Work at Avdesh Steel Works?

Unlock and access historical data on people associated with Avdesh Steel Works, 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 Avdesh Steel Works, 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 Avdesh Steel Works'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 Avdesh Steel Works

Recent activity within the organization

  • Charges

    A charge registered on 23 Dec 2014 via Charge ID 10543817 with State Bank Of India was fully satisfied on 21 Dec 2023.

    21 Dec 2023

  • Annual General Meeting

    Avdesh Steel Works Private Limited last Annual general meeting of members was held on 28 Sep 2023 as per latest MCA records.

    28 Sep 2023

  • Balance Sheet

    Avdesh Steel Works Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

    31 Mar 2023

  • Charges

    A charge with State Bank Of India of Rs. 24.38 Cr registered on 23 Dec 2014 with Charge ID 10543819 was modified on 27 May 2022.

    27 May 2022

  • Director Appointment

    Chandra Kanth Jain was appointed as a Director was appointed as a Director on 07 Oct 2019 & has been associated with this company since 5 years 4 months .

    07 Oct 2019

  • Charges

    A charge registered on 19 Jan 2018 via Charge ID 100178987 with Hdfc Bank Limited was fully satisfied on 18 Jul 2018.

    18 Jul 2018

Frequently asked questions

  • Avdesh Steel Works Private Limited was incorporated on 18 Jan 2013.

  • The authorized share capital of Avdesh Steel Works Private Limited is ₹ 4.50 Cr and paid-up capital is ₹ 4.50 Cr.

  • Currently 3 directors are associated with Avdesh Steel Works Private Limited.

    • Piyush Jain
    • Chandra Kanth Jain
    • Gorav Chandrakant Jain
  • As per Ministry of Corporate Affairs (Mca), the registered address of Avdesh Steel Works Private Limited is 89/19 1St Floor Ramesh Bhuvan Nakhoda Street Tambakata Pydhonie Mumbadevi Road Man, Dvi, Mumbai, Maharashtra, India, 400003.

  • The corporate identification number (CIN) of Avdesh Steel Works Private Limited is U27205MH2013PTC239815 and the company number is 239815 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Avdesh Steel Works Private Limited is https://www.amplgroup.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Avdesh Steel Works Private Limited has risen by 7.69%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Avdesh Steel Works Private Limited has experienced an upsurge of 13.46%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Avdesh Steel Works Private Limited amount to ₹ 24.38 Cr.

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