
Aryan Castings Private Limited
About Aryan Castings Private Limited
Data last updated:
Aryan Castings Private Limited is a private limited company based in Nashik, Maharashtra, India. The company is currently undergoing Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency professional. It operates in the steel manufacturing and processing segment of the metals and mining sector. It was incorporated on 03 May 2011.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U27310MH2011PTC217012. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹30 Cr and a paid-up capital of ₹28.97 Cr. It is led by directors including Rekha Ramesh Agarwal and Sonu Gupta (Irp/Rp/Liquidator).
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 Gat No. 232 Lakhampur Taluka – Dindori, Nashik, Maharashtra, India – 422202.
As per the financials filed for FY 2019, the company reported a revenue of ₹135.71 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹33.97 Lakh (net margin 0.3%) and EBITDA of ₹2.64 Cr (EBITDA margin 1.9%). Revenue has grown at a compounded annual rate (CAGR) of 609% over three years.
As per MCA filings, the company has open charges of ₹30.43 Cr and satisfied charges of ₹28.11 Cr on record. Court records list 2 cases involving the company, including 2 filed against it; 1 case is pending. The company has 6 deals on record (3 funding rounds, 3 secondary share transfers), with disclosed funding of ₹34.51 Cr; the latest was in October 2019. Its 7 peer companies in the Metals and Minerals industry (Steel), with the same principal business activity (metal and metal products) are compared by revenue, 5 larger and 2 smaller; the largest is Icon Manufacturers Private Limited with revenue of ₹136.04 Cr.
Company details
Contact details
Aryan Castings Private Limited's registered office is in Nashik, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressGat No. 232 Lakhampur Taluka – Dindori, Nashik, Maharashtra, India – 422202
- IndustryMetals and Minerals, Steel Manufacturing & Processing
To see the full contact details of Aryan Castings 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 Aryan Castings 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 Aryan Castings Private Limited, buy the company report.
Financials of Aryan Castings Private Limited
FY 2020 filings availableAryan Castings Private Limited reported revenue of ₹135.71 Cr (up 588560% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 609% over three years. 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 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹135.71 Cr | ||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹2.64 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹33.97 Lakh | ||||
| 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 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 1.9% | ||||
| Net Profit Margin | 0.3% | ||||
| 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 Aryan Castings Private Limited, buy the company report.
Board of directors of Aryan Castings Private Limited
Aryan Castings has 3 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rekha Ramesh Agarwal | Director | 20 Sep 2018 | 8 Years 1 Months | As last reported |
| Sonu Gupta Also directs: Jagjanani Textiles Limited, Ecofinity Atomix Limited | Irp/Rp/Liquidator | 25 Feb 2025 | 1 Years 8 Months | As last reported |
| Ashish Ashwani Agarwal Also directs: J.M.D. Shakti Industries Private Limited | Director | 20 Sep 2018 | 8 Years 1 Months | As last reported |
Peer comparison
Aryan Castings Private Limited is compared with the 7 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 |
|---|---|---|---|---|---|---|
| Icon Manufacturers Private Limited | ₹136.04 Cr (FY 2025) | 12.0% | Faridabad, Haryana, India | |||
| Hi Life Iron Metals India Private Limited | ₹136.03 Cr (FY 2022) | 51.0% | Palakkad, Kerala, India | |||
| BDG Steel & Power Private Limited | ₹135.94 Cr (FY 2024) | -14.0% | Kolkata, West Bengal, India | |||
| Hansco Iron and Steels Private Limited | ₹135.85 Cr (FY 2025) | 2.0% | Mandi-Gobindgarh, Punjab, India | |||
| Govindam Projects Private Limited | ₹135.77 Cr (FY 2024) | 2.0% | Rourkela, Odisha, India | |||
| Aryan Castings Private Limitedthis company | ₹135.71 Cr (FY 2019) | ₹33.97 Lakh | 0.3% | 588560.0% | Nashik, Maharashtra, India | |
| Paul Strips and Tubes Private Limited | ₹135.65 Cr (FY 2024) | 48.0% | Kanpur, Uttar Pradesh, India | |||
| Jay Thakurji Multimetals Private Limited | ₹134.65 Cr (FY 2025) | 3.0% | Mandi Gobindgarh, Punjab, India |
To see the full peer comparison of Aryan Castings Private Limited, buy the company report.
Auditor
Aryan Castings Private Limited is audited by Kisan & Co for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Kisan & Co | FY 2019 | 148332W |
Shareholding
The shareholding of Aryan Castings Private Limited is on record for 5 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Aryan Castings Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 31 Mar 2021 | 100438466 | Others | ₹4 Cr | Open | |
| 25 Sep 2020 | 100378932 | Others | ₹1.43 Cr | Open | |
| 28 May 2019 | 100284361 | Others | ₹20 Cr | Open | |
| 28 May 2019 | 100284379 | Others | ₹5 Cr | Open | |
| 29 Feb 2012 | 10340671 | Bank of Baroda | ₹50 Lakh | Satisfied |
To see the full charge records of Aryan Castings Private Limited, buy the company report.
Total charge records: 6 View all charges
Deals & funding
Aryan Castings Private Limited has 6 deals on record (3 funding rounds, 3 secondary share transfers), with disclosed funding of ₹34.51 Cr; the latest was in October 2019.
Deals on record (5 of 6)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Oct 2019 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: 4 individuals |
| Mar 2019 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: 3 individuals |
| Mar 2019 | Funding round | ₹19.03 Cr | Investors: 3 individuals |
| Mar 2013 | Funding round | ₹6.06 Cr | Investors: an individual |
| Mar 2012 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
To see the full deal history of Aryan Castings Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Aryan Castings Private Limited has 2 court cases on record: 2 filed against it. 1 case is pending and 1 is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 1 |
| NCLT | 1 | 1 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Thane, Maharashtra | Civil suit | Filed against the company by an individual | Pending |
| NCLT, Mumbai | Insolvency matter | Filed against the company by Ascorp Singapore Pte Ltd | Disposed |
To see the full case history of Aryan Castings 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 Aryan Castings Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Aryan Castings Private Limited has 1 active EPFO establishment as of Apr 05, 2024.
GST
Aryan Castings has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Aryan Castings Private Limited, buy the company report.
Recent activity
Aryan Castings Private Limited has 10 board changes on record since 2018: 3 appointments and 7 cessations. The latest: Sonu Gupta was appointed as Irp/Rp/Liquidator on 25 Feb 2025.
13 earlier events are in the company report.
Frequently asked questions
Aryan Castings is undergoing "Corporate Insolvency Resolution Process" (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency resolution professional. The company may not be able to independently enter into new commitments during this period. This is a high-risk status - verify the resolution status before any engagement.
Aryan Castings is a company under insolvency, formerly operating as a private limited company based in Nashik, Maharashtra, India. The company works in steel manufacturing and processing, within the metals and minerals industry. It was incorporated on 03 May 2011 and is registered under CIN U27310MH2011PTC217012. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Aryan Castings has 3 current directors:
- Rekha Ramesh Agarwal - Director
- Ashish Ashwani Agarwal - Director
- Sonu Gupta - Irp/Rp/Liquidator
The latest financial statements of Aryan Castings 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 CIN (Corporate Identification Number) of Aryan Castings is U27310MH2011PTC217012. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Aryan Castings has open charges of ₹30.43 Cr and satisfied charges of ₹28.11 Cr as per latest MCA filings.
Aryan Castings has 2 court cases on record: 2 filed against it. 1 is pending. Most are in the district courts.
Aryan Castings was incorporated on 03 May 2011. It is registered with the Registrar of Companies, Mumbai.
Aryan Castings has 6 deals on record (3 funding rounds, 3 secondary share transfers), with disclosed funding of ₹34.51 Cr; the latest was in October 2019.
The peers of Aryan Castings by revenue are Icon Manufacturers Private Limited, Hi Life Iron Metals India Private Limited, BDG Steel & Power Private Limited, Hansco Iron and Steels Private Limited, Govindam Projects Private Limited and 2 more, all in the Metals and Minerals industry (Steel), with the same principal business activity (metal and metal products).
Sonu Gupta was appointed as Irp/Rp/Liquidator on 25 Feb 2025. Prerna Goyal ceased to be Company Secretary on 01 Jul 2022. Sudhirchandra Gajendra Pathak ceased to be Director on 29 Dec 2018. Aryan Castings has 10 board changes on record in total.