
A P S Associates Pvt Ltd
About A P S Associates Pvt Ltd
Data last updated:
A P S Associates Pvt Ltd is a private limited company based in Ludhiana, Punjab, India. It operates in the steel manufacturing and processing segment of the metals and mining sector. It was incorporated on 13 July 1978 and has been in existence for over 48 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U74210PB1978PTC003847. Its GSTIN is 03AABCA1318F1ZI (Punjab). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹4.35 Cr and a paid-up capital of ₹4.35 Cr. It is led by directors Amit Paul Singh (Whole-Time Director) and Parneet Kaur.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at D – 133 Phase V Focal Point, Ludhiana, Punjab, India – 141010.
As per the financials filed for FY 2025, the company reported a revenue of ₹145.6 Cr, a growth of 20% compared to the previous year. For the same year it recorded a net loss of ₹9.63 Cr (net margin -6.6%) and EBITDA of -₹7.2 Cr (EBITDA margin -4.9%). Revenue has grown at a compounded annual rate (CAGR) of 6% over three years and 11% over five years.
The company has about 31 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹18.42 Cr and satisfied charges of ₹1.88 Cr on record. Court records list 9 cases involving the company, including 1 filed by the company and 8 filed against it; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
A P S Associates Pvt Ltd's registered office is in Ludhiana, Punjab. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressD – 133 Phase V Focal Point, Ludhiana, Punjab, India – 141010
- IndustryMetals and Minerals, Steel Manufacturing & Processing
To see the full contact details of A P S Associates Pvt Ltd, 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 A P S Associates 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 A P S Associates Pvt Ltd, buy the company report.
Financials of A P S Associates Pvt Ltd
FY 2024 filings availableA P S Associates Pvt Ltd reported revenue of ₹145.6 Cr (up 20% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 11% over five years, including 20% growth in the latest year. EBITDA fell 454% 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | -₹7.2 Cr | ||||
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| Net Profit (PAT) | -₹9.63 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -4.9% | ||||
| Net Profit Margin | -6.6% | ||||
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To see the full financial statements and ratios of A P S Associates Pvt Ltd, buy the company report.
Board of directors of A P S Associates Pvt Ltd
A P S Associates 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 |
|---|---|---|---|---|
| Parneet Kaur | Director | 10 Dec 2010 | 15 Years 10 Months | Current |
| Amit Paul Singh | Whole-Time Director | 21 Mar 1994 | 32 Years 7 Months | Current |
Peer comparison
A P S Associates Pvt Ltd is compared with the 6 companies closest to it by revenue in the Metals and Minerals industry (Steel), with the same principal business activity (metal and metal products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Shri Kanha Stainless Limited | ₹146.39 Cr (FY 2025) | 12.0% | Jaipur, Rajasthan, India | |||
| S.S. Con-Cast Private Limited | ₹146.05 Cr (FY 2025) | 35.0% | Ludhiana, Punjab, India | |||
| Ashiana Ispat Limited | ₹145.98 Cr (FY 2025) | -55.0% | Alwar, Rajasthan, India | |||
| Adhunik Metaliks Limited | ₹145.9 Cr (FY 2023) | -35.0% | Sundargarh, Odisha, India | |||
| A P S Associates Pvt Ltdthis company | ₹145.6 Cr (FY 2025) | -₹9.63 Cr | -6.6% | 20.0% | 31 | Ludhiana, Punjab, India |
| Savitri Con-Cast Limited | ₹144.81 Cr (FY 2025) | 9.0% | Rajasthan, India | |||
| Laxmi Kripa Ispat Private Limited | ₹144.39 Cr (FY 2025) | -14.0% | Raipur, Chhattisgarh, India |
To see the full peer comparison of A P S Associates Pvt Ltd, buy the company report.
Auditor
A P S Associates Pvt Ltd is audited by RAKESH PURI & ASSOCIATE for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RAKESH PURI & ASSOCIATE | FY 2023 | 013516N |
Shareholding
The shareholding of A P S Associates Pvt Ltd is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of A P S Associates Pvt Ltd, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 09 Feb 2022 | 100532890 | Others | ₹3.27 Cr | Open | |
| 15 Nov 2021 | 100508158 | Others | ₹65 Lakh | Open | |
| 06 Nov 2021 | 100505884 | Others | ₹11.5 Cr | Open | |
| 11 Sep 2014 | 10537037 | Corporation Bank | ₹3 Cr | Open | |
| 24 Sep 2005 | 90310566 | Punjab National Bank | ₹39.5 Lakh | Satisfied |
To see the full charge records of A P S Associates Pvt Ltd, buy the company report.
Total charge records: 9 View all charges
Legal cases
A P S Associates Pvt Ltd has 9 court cases on record: 1 filed by A P S Associates, 8 filed against it. 1 case is pending and 8 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 5 | 5 | 1 |
| High courts | 2 | 1 | 0 |
| NCLT | 2 | 2 | 0 |
Cases on record (5 of 9)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ludhiana, Punjab | Commercial suit | Filed against the company by Somal Pipes Pvt Ltd | Disposed |
| District court, Ludhiana, Punjab | Civil suit | Filed against the company by M/S Chawla Alloys P Ltd | Disposed |
| District court, Hisar, Haryana | Court case (N ACT) | Filed against the company by Mahipal Ceramics Pvt. Ltd. | Disposed |
| District court, Ludhiana, Punjab | Commercial suit | Filed against the company by an individual | Pending |
| District court, Ludhiana, Punjab | Civil suit | Filed against the company by M/S Tony Cycle Industries | Disposed |
To see the full case history of A P S Associates Pvt Ltd, 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
A P S Associates Pvt Ltd has 2 MSME Form 1 returns on record for the period ending Mar 2019, listing 19 overdue payments to 8 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 8)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| S R Jindal Metals Pvt Ltd | |||
| an individual supplier | |||
| an individual supplier | |||
| J.S. Kalsi Industries | |||
| Mahipal Ceramics Pvt Ltd |
To see the full MSME payment records of A P S Associates Pvt Ltd, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
A P S Associates Pvt Ltd has a workforce of 31 employees on its EPFO records as of Apr 01, 2024, across 1 active EPFO establishment.
GST
A P S Associates has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 03AABCA1318F1ZI | Punjab | Active | 01 Jul 2017 |
| 03AABCA1318F1DR | Punjab | Active | 23 Oct 2024 |
To see the full GST registrations and return filing status of A P S Associates Pvt Ltd, buy the company report.
Recent activity
A P S Associates Pvt Ltd has 10 board changes on record since 1994: 2 appointments and 8 cessations. The latest: Parneet Kaur ceased to be Whole-Time Director on 15 Jul 2022.
22 earlier events are in the company report.
Frequently asked questions
A P S Associates is an active private limited company based in Ludhiana, Punjab, India. The company works in steel manufacturing and processing, within the metals and minerals industry. It was incorporated on 13 July 1978 (48+ years old) and is registered under CIN U74210PB1978PTC003847.
A P S Associates has 2 current directors:
- Amit Paul Singh - Whole-Time Director
- Parneet Kaur - Director
The latest financial statements of A P S Associates on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of A P S Associates is 03AABCA1318F1ZI, registered in Punjab. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 03AABCA1318F1DR (Punjab).
The CIN (Corporate Identification Number) of A P S Associates is U74210PB1978PTC003847. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
A P S Associates has 9 court cases on record: 1 filed by the company and 8 filed against it. 1 is pending. Most are in the district courts.
A P S Associates was incorporated on 13 July 1978, making it 48+ years old. It is registered with the Registrar of Companies, Chandigarh.
The peers of A P S Associates by revenue are Shri Kanha Stainless Limited, S.S. Con-Cast Private Limited, Ashiana Ispat Limited, Adhunik Metaliks Limited, Savitri Con-Cast Limited and 1 more, all in the Metals and Minerals industry (Steel), with the same principal business activity (metal and metal products).
Parneet Kaur ceased to be Whole-Time Director on 15 Jul 2022. Paramjeet Singh ceased to be Whole-Time Director on 15 Feb 2019. Joyce Kaur Arneja ceased to be Additional Director on 30 Sep 2018. A P S Associates has 10 board changes on record in total.
A P S Associates has 2 MSME Form 1 returns on record for the period ending Mar 2019, listing 19 overdue payments to 8 micro and small suppliers. The latest return was filed on 08 Jun 2019.
The registered office of A P S Associates is at D – 133 Phase V Focal Point, Ludhiana, Punjab, India – 141010.
A P S Associates operates in the metals and minerals industry, in the steel manufacturing and processing segment.

