Aastha Alloy Industry Private Limited
About Aastha Alloy Industry Private Limited
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Aastha Alloy Industry Private Limited is a private limited company based in Kurnool, Andhra Pradesh, India. It operates in the steel manufacturing and processing segment of the metals and mining sector. It was incorporated on 16 December 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Vijayawada, under CIN U27109AP2005PTC048481. Its GSTIN is 37AAJCS5972P3ZA (Andhra Pradesh). The company holds 6 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹18.5 Cr and a paid-up capital of ₹8.4 Cr. It was formerly known as Sree Balajee Tmt Rod Mills Private Limited and Aastha Alloycorp Private Limited. It is led by directors Mohit Singhal (Managing Director) and Jay Singh.
Its last annual general meeting (AGM) was held on 31 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office is at Vill : Aswathapuram Lakshimipuram Ulindakonda Dist:Kurnool, Andhra Pradesh, India – 518218.
As per the financials filed for FY 2012, the company reported a revenue of ₹212.94 Cr, a growth of 128% compared to the previous year. For the same year it recorded a net profit of ₹2.21 Cr (net margin 1%) and EBITDA of ₹11.6 Cr (EBITDA margin 5.4%).
As per MCA filings, the company has open charges of ₹45.19 Cr and satisfied charges of ₹24.48 Cr on record. Court records list 11 cases involving the company, including 3 filed by the company and 8 filed against it; 5 cases are pending.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
Name history
Aastha Alloy Industry has undergone 2 name changes throughout its history. The company was previously known as Sree Balajee Tmt Rod Mills Private Limited, and Aastha Alloycorp Private Limited. The current legal name is Aastha Alloy Industry Private Limited.
| Company Name | Status |
|---|---|
| Aastha Alloy Industry Private Limited | Current |
| Sree Balajee Tmt Rod Mills Private Limited | Previous |
| Aastha Alloycorp Private Limited | Previous |
Contact details
Aastha Alloy Industry Private Limited's registered office is in Kurnool, Andhra Pradesh. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressVill : Aswathapuram Lakshimipuram Ulindakonda Dist:Kurnool, Andhra Pradesh, India – 518218
- IndustryMetals and Minerals, Steel Manufacturing & Processing
To see the full contact details of Aastha Alloy Industry 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
Financials of Aastha Alloy Industry Private Limited
FY 2020 filings availableAastha Alloy Industry Private Limited reported revenue of ₹212.94 Cr (up 128% YoY) for FY 2012.
Compounded Annual Growth Rate (CAGR)
Revenue rose 128% in the latest year. EBITDA rose 63% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2011-12 |
|---|---|
| Profit and Loss Statement | |
| Revenue from Operations | |
| Other Income | |
| Total Revenue | ₹212.94 Cr |
| Cost of Materials Consumed | |
| Employee Benefit Expense | |
| Finance Costs | |
| Depreciation and Amortisation | |
| Other Expenses | |
| Total Expenses | |
| EBITDA | ₹11.6 Cr |
| Profit Before Tax | |
| Tax Expense | |
| Net Profit (PAT) | ₹2.21 Cr |
| Balance Sheet | |
| Share Capital | |
| Reserves and Surplus | |
| Net Worth (Total Equity) | |
| Long-term Borrowings | |
| Short-term Borrowings | |
| Trade Payables | |
| Total Liabilities | |
| Fixed Assets | |
| Investments | |
| Inventories | |
| Trade Receivables | |
| Cash and Bank Balance | |
| Total Assets | |
Financial Ratios
| Metrics | FY 2011-12 |
|---|---|
| Profitability | |
| EBITDA Margin | 5.4% |
| Net Profit Margin | 1% |
| Return on Equity (ROE) | |
| Return on Capital Employed (ROCE) | |
| Return on Assets (ROA) | |
| Liquidity and Debt | |
| Current Ratio | |
| Quick Ratio | |
| Debt-to-Equity Ratio | |
| Interest Coverage Ratio | |
| Efficiency and Growth | |
| Asset Turnover | |
| Receivable Days | |
| Payable Days | |
| Inventory Days | |
| Revenue Growth | |
| Net Profit Growth | |
To see the full financial statements and ratios of Aastha Alloy Industry Private Limited, buy the company report.
Board of directors of Aastha Alloy Industry Private Limited
Aastha Alloy Industry has 2 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jay Singh | Additional Director | 28 Jun 2016 | 10 Years 4 Months | Current |
| Mohit Singhal | Managing Director | 26 Dec 2009 | 16 Years 10 Months | Current |
Shareholding
The shareholding of Aastha Alloy Industry Private Limited is on record for 4 financial years, the latest being FY 2020, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Aastha Alloy Industry Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 17 Apr 2013 | 10430515 | Ing Vysya Bank Limited | ₹9.81 Lakh | Open | |
| 30 Nov 2011 | 10324955 | Tata Motors Finance Limited | ₹1.02 Cr | Open | |
| 16 Jun 2010 | 10233044 | United Bank of India | ₹44.07 Cr | Open | |
| 26 Mar 2008 | 10095368 | Syndicate Bank | ₹12 Cr | Satisfied | |
| 22 Aug 2007 | 10065615 | Indusind Bank Ltd. | ₹1.5 Cr | Satisfied |
To see the full charge records of Aastha Alloy Industry Private Limited, buy the company report.
Total charge records: 8 View all charges
Legal cases
Aastha Alloy Industry Private Limited has 11 court cases on record: 3 filed by Aastha Alloy Industry, 8 filed against it. 5 cases are pending and 6 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 7 | 4 | 4 |
| District courts | 4 | 4 | 1 |
Cases on record (5 of 11)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court | Writ petition | Filed by the company against Southern Power Distribution Company of Andhra Pradesh Ltd. and 1 other | Pending |
| High Court, ANDHRAPRADESH | Writ petition | Filed by the company against Southern Power Distribution Company of Andhra Pradesh Ltd. and 1 other | Pending |
| Bombay High Court | Writ petition | Filed against the company by Brizo Reality Company Private Limited | Pending |
| Bombay High Court | Court case (TPN) | Filed against the company by Modern India Ltd. and 3 Ors. | Pending |
| Bombay High Court | Court case (CHSCD) | Filed against the company by National Spot Exchange Ltd. | Disposed |
To see the full case history of Aastha Alloy Industry Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Aastha Alloy Industry Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Aastha Alloy Industry has 6 GST registrations: 1 active and 5 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 37AAJCS5972P3ZA | Andhra Pradesh | Active | 04 Jun 2018 |
To see the full GST registrations and return filing status of Aastha Alloy Industry Private Limited, buy the company report.
Recent activity
Aastha Alloy Industry Private Limited has 9 board changes on record since 2009: 2 appointments and 7 cessations. The latest: Jay Singh was appointed as Additional Director on 28 Jun 2016.
15 earlier events are in the company report.
Frequently asked questions
Aastha Alloy Industry is an active private limited company based in Kurnool, Andhra Pradesh, India. The company works in steel manufacturing and processing, within the metals and minerals industry. It was incorporated on 16 December 2005 (21+ years old) and is registered under CIN U27109AP2005PTC048481.
Aastha Alloy Industry has 2 current directors:
- Mohit Singhal - Managing Director
- Jay Singh - Additional Director
The latest financial statements of Aastha Alloy Industry on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 31 December 2020. Year-wise statements from 2015 are in the company report.
The GSTIN of Aastha Alloy Industry is 37AAJCS5972P3ZA, registered in Andhra Pradesh. The company has 6 GST registrations in all, of which 1 is active and 5 are cancelled or inactive.
The CIN (Corporate Identification Number) of Aastha Alloy Industry is U27109AP2005PTC048481. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Aastha Alloy Industry has 11 court cases on record: 3 filed by the company and 8 filed against it. 5 are pending. Most are in the high courts.
Aastha Alloy Industry was incorporated on 16 December 2005, making it 21+ years old. It is registered with the Registrar of Companies, Vijayawada.
Jay Singh was appointed as Additional Director on 28 Jun 2016. Shilpa Singhal ceased to be Additional Director on 28 Jun 2016. Bethamcherla Venkata Hari Prasad ceased to be Additional Director on 26 Sep 2013. Aastha Alloy Industry has 9 board changes on record in total.
The registered office of Aastha Alloy Industry is at Vill : Aswathapuram Lakshimipuram Ulindakonda Dist:Kurnool, Andhra Pradesh, India – 518218.
Aastha Alloy Industry operates in the metals and minerals industry, in the steel manufacturing and processing segment.
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