Aarasuri Ispat Private Limited
About Aarasuri Ispat Private Limited
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Aarasuri Ispat Private Limited is a private limited company based in Visnagar, Gujarat, India. It operates in the steel manufacturing and processing segment of the metals and mining sector. It was incorporated on 12 September 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U27100GJ2012PTC071934. Its GSTIN is 24AALCA0053B1ZE (Gujarat).
The company has an authorised share capital of ₹1.75 Cr and a paid-up capital of ₹1.75 Cr. It is led by directors Jenith Vinubhai Chaudhari and Subhashbhai Sankabhai Chaudhary.
Its last annual general meeting (AGM) was held on 30 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at Survey No 636 Visnagar Kamana Road At – Saduthla, Gujarat, India – 384315.
As per the financials filed for FY 2021, the company reported a revenue of ₹49.95 Lakh. For the same year it recorded a net loss of ₹23.65 Lakh (net margin -47.4%) and EBITDA of ₹5.35 Lakh (EBITDA margin 10.7%). Revenue has declined at a compounded annual rate (CAGR) of 65% over three years and 41% over five years.
As per MCA filings, the company has satisfied charges of ₹4.8 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Aarasuri Ispat Private Limited's registered office is in Visnagar, Gujarat. Its e-mail address is in the company report.
- Email
- Registered AddressSurvey No 636 Visnagar Kamana Road At – Saduthla, Gujarat, India – 384315
- IndustryMetals and Minerals, Steel Manufacturing & Processing
To see the full contact details of Aarasuri Ispat Private Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Business activity
The main business activity of Aarasuri Ispat is manufacturing. In detail, this covers metal and metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products |
To see the full business activity and turnover split of Aarasuri Ispat Private Limited, buy the company report.
Financials of Aarasuri Ispat Private Limited
FY 2021 filings availableAarasuri Ispat Private Limited reported revenue of ₹49.95 Lakh for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 41% over five years. EBITDA rose 371% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
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| EBITDA | ₹5.35 Lakh | ||||
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| Net Profit (PAT) | -₹23.65 Lakh | ||||
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Financial Ratios
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
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| EBITDA Margin | 10.7% | ||||
| Net Profit Margin | -47.4% | ||||
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To see the full financial statements and ratios of Aarasuri Ispat Private Limited, buy the company report.
Board of directors of Aarasuri Ispat Private Limited
Aarasuri Ispat has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jenith Vinubhai Chaudhari | Director | 16 Jan 2013 | 13 Years 9 Months | Current |
| Subhashbhai Sankabhai Chaudhary | Director | 12 Sep 2012 | 14 Years 1 Months | Current |
Auditor
Aarasuri Ispat Private Limited is audited by VIRENDRA CHINUBHAI & CO for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| VIRENDRA CHINUBHAI & CO | FY 2019 | 111567W |
Shareholding
The shareholding of Aarasuri Ispat Private Limited is on record for 3 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Aarasuri Ispat Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 15 Mar 2013 | 10412484 | Bank of Baroda | ₹4.8 Cr | Satisfied |
To see the full charge records of Aarasuri Ispat Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Aarasuri Ispat Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Aarasuri Ispat Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Aarasuri Ispat has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AALCA0053B1ZE | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Aarasuri Ispat Private Limited, buy the company report.
Recent activity
Aarasuri Ispat Private Limited has 9 board changes on record since 2012: 5 appointments and 4 cessations. The latest: Binoy Bharatbhai Chaudhari ceased to be Director on 10 Sep 2024.
3 earlier events are in the company report.
Frequently asked questions
Aarasuri Ispat is an active private limited company based in Visnagar, Gujarat, India. The company works in steel manufacturing and processing, within the metals and minerals industry. It was incorporated on 12 September 2012 (14+ years old) and is registered under CIN U27100GJ2012PTC071934.
Aarasuri Ispat has 2 current directors:
- Jenith Vinubhai Chaudhari - Director
- Subhashbhai Sankabhai Chaudhary - Director
The latest financial statements of Aarasuri Ispat on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 30 November 2021. Year-wise statements from 2015 are in the company report.
The GSTIN of Aarasuri Ispat is 24AALCA0053B1ZE, registered in Gujarat.
The CIN (Corporate Identification Number) of Aarasuri Ispat is U27100GJ2012PTC071934. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Aarasuri Ispat was incorporated on 12 September 2012, making it 14+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Binoy Bharatbhai Chaudhari ceased to be Director on 10 Sep 2024. Bharatbhai Dosabhai Chaudhary ceased to be Additional Director on 20 Dec 2013. Jenith Vinubhai Chaudhari ceased to be Additional Director on 20 Dec 2013. Aarasuri Ispat has 9 board changes on record in total.
The registered office of Aarasuri Ispat is at Survey No 636 Visnagar Kamana Road At – Saduthla, Gujarat, India – 384315.
Aarasuri Ispat operates in the metals and minerals industry, in the steel manufacturing and processing segment.
Aarasuri Ispat has no open charges and satisfied charges of ₹4.8 Cr as per latest MCA filings.
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