Asscher Enterprises Profile
Key Indicators
- Authorised Capital ₹ 12.00 Cr
- Paid Up Capital ₹ 10.34 Cr
- Company Age 29 Year, 6 Months
- Last Filing with ROC 31 Mar 2023
- 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 six 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 2023. It's a company limited by shares with an authorized capital of Rs 12.00 Cr and a paid-up capital of Rs 10.34 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 Rajendra Mangrulkar as Cfo, Anchal Jaiswal as Company Secretary, and Anchal Jaiswal as Company Secretary. Baldevraj Taneja, Narayan Karbhase, Rajesh Shah, and Two other members serve as directors at the Company.
Company Details
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Location
Pune, Maharashtra, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media-
Corporate Identity Details
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CIN/LLPIN
U29000PN1995PLC090946
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Company No.
090946
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Company Classification
Public Limited Indian Non-Government Company
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Incorporation Date
24 Jul 1995
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Date of AGM
27 Sep 2023
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Date of Balance Sheet
31 Mar 2023
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Listing Status
Unlisted
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ROC Code
Roc Pune
Industry
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.
Who are the key members and board of directors at Asscher Enterprises?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Baldevraj Taneja
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Managing Director | 01-Apr-2022 | Current |
| Rajendra Mangrulkar | CFO | 01-Apr-2021 | Current |
| Anchal Jaiswal | Company Secretary | 13-Mar-2020 | Current |
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
|
Narayan Karbhase
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Whole-Time Director | 10-Aug-1998 | Current |
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Rajesh Shah
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Director | 30-Aug-2021 | Current |
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Dhananjay Prabhune
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Director | 30-Aug-2021 | Current |
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Vijaykumar Ravetkar
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Director | 02-May-2016 | Current |
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%.
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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.
Related Corporates (Common Directorship)
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Sarod Reality Private Limited
Narayan Karbhase is a mutual person
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Vishkul Enterprises Private Limited
Narayan Karbhase is a mutual person
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Laurus Tradecon Private Limited
Vijaykumar Ravetkar is a mutual person
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Opex Analytics Private Limited
Vijaykumar Ravetkar is a mutual person
Charges (Loans)
₹0
₹24.60 Cr
Charges Breakdown by Lending Institutions
- Kalyant Steels Limited : 13.00 Cr
- Others : 11.60 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 24 Jan 2019 | Others | ₹6.00 M | Satisfied |
| 19 Mar 2018 | Others | ₹5.00 Cr | Satisfied |
| 24 Mar 2015 | Others | ₹6.00 Cr | Satisfied |
| 14 Aug 2003 | Kalyant Steels Limited | ₹13.00 Cr | Satisfied |
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.
Deals i
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
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
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.
