Avighan A.B. Steels Private Limited

Manufactures various sizes of fasteners for iron and steel products.

2017 | Ludhiana, Punjab (India) | Active
Last Updated: February 09, 2025

Avighan A.B. Steels Profile

Key Indicators

  • Authorised Capital ₹ 0.10 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 7 Year, 7 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 4.43 Cr
  • Revenue Growth 11.24%
  • Profit Growth -91.09%
  • Ebitda -103.35%
  • Net Worth 4.70%
  • Total Assets 10.98%

About Avighan A.B. Steels

Avighan A.B. Steels Private Limited (AASPL) is a Private Limited Indian Non-Government Company incorporated in India on 18 July 2017 (Seven years and seven months 5 days old ). Its registered office is in Ludhiana, Punjab, 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 0.10 M and a paid-up capital of Rs 0.10 M.

The company currently has active open charges totaling ₹4.43 Cr.

Honey Sethi and Rajni Sethi serve as directors at the Company.

Company Details

  • Location

    Ludhiana, Punjab, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    absteelworks.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U74999PB2017PTC046746

  • Company No.

    046746

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    18 Jul 2017

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chandigarh

Industry

Metals and Minerals

What products or services does Avighan A.B. Steels Private Limited offer?

Avighan A.B. Steels Private Limited offers a wide range of products and services, including Alloy, Metal and High Strength Bolts, Head Bolt, Alloy, Metal and Machine Screws, Socket Head Cap Screw, Socket Head Screw, Bolts, Metal Bolts, Screws, Cap Screws, Allen Key.

Who are the key members and board of directors at Avighan A.B. Steels?

Board Members (2)

NameDesignationAppointment DateStatus
Honey Sethi Country flag representing In Director 18-Jul-2017Current
Rajni Sethi Country flag representing In Director 18-Jul-2017Current

Financial Performance of Avighan A.B. Steels.

Avighan A.B. Steels Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 11.24% increase. The company also saw a substantial fall in profitability, with a 91.09% decrease in profit. The company's net worth moved up by a moderate rise of 4.7%.

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
11.24%
Revenue from Operations
10.97%
Total Assets
10.98%
Profit or Loss
-91.09%
Net Worth
4.70%
EBITDA
-103.35%

What is the Ownership and Shareholding Structure of Avighan A.B. Steels?

Unlock access to Avighan A.B. Steels's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹44.27 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 4.25 Cr
  • Bank Of India : 0.18 Cr

Latest Charge Details

DateLenderAmountStatus
16 Jan 2024Bank Of India₹1.80 MOpen
10 Jun 2022Hdfc Bank Limited₹1.01 MOpen
24 Jan 2022Hdfc Bank Limited₹6.46 MOpen
01 Dec 2021Hdfc Bank Limited₹3.50 CrOpen

How Many Employees Work at Avighan A.B. Steels?

Avighan A.B. Steels has a workforce of 45 employees as of Mar 26, 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 Avighan A.B. Steels, 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 Avighan A.B. Steels'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 Avighan A.B. Steels

Recent activity within the organization

  • Charges

    A charge with Bank Of India amounted to Rs. 1.80 M with Charge ID 100861464 was registered on 16 Jan 2024.

    16 Jan 2024

  • Annual General Meeting

    Avighan A.B. Steels 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 Hdfc Bank Limited of Rs. 35.00 M registered on 01 Dec 2021 with Charge ID 100533420 was modified on 05 Sep 2023.

    05 Sep 2023

  • Balance Sheet

    Avighan A.B. Steels Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chandigarh.

    31 Mar 2023

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 1.01 M with Charge ID 100597413 was registered on 10 Jun 2022.

    10 Jun 2022

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 6.46 M with Charge ID 100544355 was registered on 24 Jan 2022.

    24 Jan 2022

Frequently asked questions

  • Avighan A.B. Steels Private Limited was incorporated on 18 Jul 2017.

  • The authorized share capital of Avighan A.B. Steels Private Limited is ₹ 0.10 M and paid-up capital is ₹ 0.10 M.

  • Currently 2 directors are associated with Avighan A.B. Steels Private Limited.

    • Honey Sethi
    • Rajni Sethi
  • As per Ministry of Corporate Affairs (Mca), the registered address of Avighan A.B. Steels Private Limited is C- 139 Phase V, Focal Point Near Dry Port India, Ludhiana, Punjab, 141010.

  • The corporate identification number (CIN) of Avighan A.B. Steels Private Limited is U74999PB2017PTC046746 and the company number is 046746 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Avighan A.B. Steels Private Limited is https://www.absteelworks.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Avighan A.B. Steels Private Limited has risen by 11.24%.

  • As Per 2023 financial reports, 45 employees are currently employed by Avighan A.B. Steels Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Avighan A.B. Steels Private Limited has experienced an upsurge of 4.70%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Avighan A.B. Steels Private Limited amount to ₹ 4.43 Cr.

  • The most recent Balance Sheet for Avighan A.B. Steels Private Limited was filed with the ROC on 31 Mar 2023.