Asahi Ropes Private Limited - manufacturing in Delhi, India. FY 2026 financials & compliance.
CIN U74899DL1986PTC023284 Incorporated 07 February 1986 ROC Delhi HQ Delhi, India
Active Private Limited Company manufacturing MSME · Small
Data last updated
Revenue · FY 2024
₹63.38 Cr
▲ 33% YoY
Net profit · FY 2024
₹1.6 Cr
Net margin 2.5%
EBITDA · FY 2024
₹4.09 Cr
EBITDA margin 6.5%
Authorised capital
₹1 Cr
Registered with MCA
Paid-up capital
₹44.7 Lakh
Issued & subscribed
Open charges
₹20.3 Cr
Satisfied ₹3.51 Cr
Company age
40 yrs
Est. 1986
Employees · EPFO
149
Provident fund records

About Asahi Ropes Private Limited

Data last updated:

Asahi Ropes Private Limited is a private limited company based in Delhi, India. It operates in the cable and wire segment of the manufacturing sector. It was incorporated on 07 February 1986 and has been in existence for over 40 years.

The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U74899DL1986PTC023284. Its GSTIN is 07AAACA1272B1ZE (Delhi). The company holds 3 GST registrations, of which 2 are active.

The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹44.7 Lakh. It was formerly known as Asahi Steel Industries Private Limited. It is led by directors including Ashwani Gupta and Nakul Gupta.

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 902 Klj Tower North Netaji Subhash Place Pitampura, Delhi, India – 110034.

As per the financials filed for FY 2024, the company reported a revenue of ₹63.38 Cr, a growth of 33% compared to the previous year. For the same year it recorded a net profit of ₹1.6 Cr (net margin 2.5%) and EBITDA of ₹4.09 Cr (EBITDA margin 6.5%). Revenue has grown at a compounded annual rate (CAGR) of 39% over three years and 23% over five years.

The company has about 149 employees on its provident fund (EPFO) records.

The company is associated with 1 brand: Asahi Ropes. As per MCA filings, the company has open charges of ₹20.3 Cr and satisfied charges of ₹3.51 Cr on record. Court records list 5 cases involving the company, including 5 filed by the company; 1 case is pending. The company has 10 deals on record (6 secondary share transfers, 4 funding rounds), with disclosed funding of ₹1.9 Cr; the latest was in March 2022. 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, 3 larger and 4 smaller; the largest is Panchkula Steel Pvt Ltd with revenue of ₹63.89 Cr.

Asahi Ropes Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-DL-06-0002127). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website asahiropes.in.

Company details

CIN U74899DL1986PTC023284
Registration Number 023284
Incorporation Date 07 February 1986
ROC Delhi
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-DL-06-0002127

Recognitions & Rankings of Asahi Ropes

MSME (Udyam registered) Ministry of MSME
Category
Small (2024-25)
Udyam number
UDYAM-DL-06-0002127

Contact details

Asahi Ropes Private Limited's registered office is in Delhi, Delhi. Its website is asahiropes.in. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Social Media
  • Registered Address
    902 Klj Tower North Netaji Subhash Place Pitampura, Delhi, India – 110034
  • Industry
    Manufacturing, Cable & Wire

To see the full contact details of Asahi Ropes Private Limited, buy the company report.

Comprehensive company report
Asahi Ropes Private Limited - one report that includes everything
  • 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
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Brands

Asahi Ropes operates one associated brand: Asahi Ropes. Each brand links to its own profile.

BrandDescriptionWebsite
Manufacturing of steel wire ropes and slings for industrial sectors in India.asahiropes.in

Business activity

The main business activity of Asahi Ropes is manufacturing. In detail, this covers metal and metal products.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC7Metal and metal products

To see the full business activity and turnover split of Asahi Ropes Private Limited, buy the company report.

Financials of Asahi Ropes Private Limited

FY 2024 filings available

Asahi Ropes Private Limited reported revenue of ₹63.38 Cr (up 33% YoY) for FY 2024.

Revenue · FY 2024
₹63.38 Cr ▲ 33%
Net profit · FY 2024
₹1.6 Cr margin 2.5%
EBITDA · FY 2024
₹4.09 Cr margin 6.5%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 33%
3 years · compounded
▲ 39%
5 years · compounded
▲ 23%
EBITDA CAGR growth
1 year
▲ 55%
3 years · compounded
▲ 52%
5 years · compounded
▲ 36%

Revenue has grown at a compounded annual rate (CAGR) of 23% over five years, including 33% growth in the latest year. EBITDA rose 55% 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA₹4.09 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹1.6 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin6.5%
Net Profit Margin2.5%
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 Asahi Ropes Private Limited, buy the company report.

Board of directors of Asahi Ropes Private Limited

Asahi Ropes has 4 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Ashwani GuptaDirector07 Feb 198640 Years 9 MonthsCurrent
Nakul GuptaDirector24 Mar 201511 Years 7 MonthsCurrent
Mikesh GuptaDirector24 Mar 201511 Years 7 MonthsCurrent
Mukesh Kumar GuptaDirector07 Feb 198640 Years 9 MonthsCurrent

Peer comparison

Asahi Ropes 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.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Panchkula Steel Pvt Ltd₹63.89 Cr (FY 2025)0.0%Chandigarh, India
Akhil Ispat Private Limited₹63.79 Cr (FY 2024)-2.0%New Delhi, Delhi, India
Palladam Steels Private Limited₹63.74 Cr (FY 2025)-46.0%Palladam, Tamil Nadu, India
Asahi Ropes Private Limitedthis company₹63.38 Cr (FY 2024)₹1.6 Cr2.5%33.0%149Delhi, India
Anjani Wires Private Limited₹63.37 Cr (FY 2025)-19.0%Tilda, Chhattisgarh, India
Jai Hind Wire Rod Mills Private Limited₹63.36 Cr (FY 2024)-40.0%Chennai, Tamil Nadu, India
Shivpriya Ispat (India) Private Limited₹63.33 Cr (FY 2024)-6.0%Ahmedabad, Gujarat, India
Top Tech Steels Private Limited₹63.22 Cr (FY 2024)-15.0%Rourkela, Odisha, India

To see the full peer comparison of Asahi Ropes Private Limited, buy the company report.

Auditor

Asahi Ropes Private Limited is audited by L N Chaudhary & Co. for the financial year 2023.

Auditor firmFinancial yearFirm registration number
L N Chaudhary & Co.FY 2023501518

Shareholding

The shareholding of Asahi Ropes Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2022FY 2020FY 2019FY 2018FY 2017
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Asahi Ropes Private Limited, buy the company report.

Charges & borrowings

Open charges
₹20.3 Cr
Satisfied charges
₹3.51 Cr
Breakdown by lending institutions
Others₹20.30 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
27 Dec 2023100861456Others₹4.76 CrOpen
11 Feb 2020100327988Others₹5 CrOpen
25 Sep 2019100306658Others₹10.53 CrOpen
08 Dec 201510607231Citi Bank N.A.₹89.4 LakhSatisfied
16 Dec 200810139211Haryana Financial Corporation₹45 LakhSatisfied

To see the full charge records of Asahi Ropes Private Limited, buy the company report.

Total charge records: 13 View all charges

Deals & funding

Asahi Ropes Private Limited has 10 deals on record (6 secondary share transfers, 4 funding rounds), with disclosed funding of ₹1.9 Cr; the latest was in March 2022.

Total deals
10
Secondary share transfers
6
Funding rounds
4
Disclosed funding
₹1.9 Cr

Deals on record (5 of 10)

WhenDealAmountParties
Mar 2022Secondary share transferUndisclosedBuyer: an individual
Seller: an individual
Mar 2020Secondary share transferUndisclosedBuyer: 4 individuals
Seller: Hardial Singh & Sons HUF, 3 individuals
Sep 2014Secondary share transferUndisclosedBuyer: Four Emm Credit and Portfolio Private Limited , Rakesh Kumar Gupta HUF
Seller: 4 individuals
Mar 2011Secondary share transferUndisclosedBuyer: 3 individuals
Seller: Mafle Industries Private Limited , CVH Sea Lifes Limited , Pragaya Multitraders Private Limited
Mar 2010Funding round₹18 LakhInvestors: Next Generation Exim Private Limited , CVH Sea Lifes Limited , Mafle Industries Private Limited

To see the full deal history of Asahi Ropes Private Limited, buy the company report.

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Asahi Ropes Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

Asahi Ropes Private Limited has a workforce of 149 employees on its EPFO records as of Apr 07, 2024, across 2 active EPFO establishments.

Employee count
149
Active EPFO establishments
2
Employee growth
0.68%

GST

Asahi Ropes has 3 GST registrations: 2 active and 1 cancelled or inactive.

Total GSTINs
3
Active
2
Cancelled / inactive
1
GSTINStateStatusRegistered on
07AAACA1272B1ZEDelhiActive01 Jul 2017
06AAACA1272B1ZGHaryanaActive01 Jul 2017

To see the full GST registrations and return filing status of Asahi Ropes Private Limited, buy the company report.

Recent activity

Asahi Ropes Private Limited has 7 board changes on record since 1986: 4 appointments and 3 cessations. The latest: Nanak Saran Singh ceased to be Director on 24 Jun 2017.

Charges
A charge with Others of Rs. 4.76 Cr registered on 27 Dec 2023 with Charge ID 100861456 was modified on 26 Dec 2024.
Charges
A charge with Others of Rs. 10.53 Cr registered on 25 Sep 2019 with Charge ID 100306658 was modified on 22 Dec 2024.
AGM
Asahi Ropes Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Asahi Ropes Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Delhi.
Charges
A charge with Others amounted to Rs. 4.76 Cr with Charge ID 100861456 was registered on 27 Dec 2023.
Charges
A charge registered on 16 Apr 1990 via Charge ID 90052334 with Union Bank Of India was fully satisfied on 12 May 2023.
Charges
A charge registered on 16 Apr 2003 via Charge ID 90054894 with Others was fully satisfied on 13 Feb 2023.
Charges
A charge with Others of Rs. 5.00 Cr registered on 11 Feb 2020 with Charge ID 100327988 was modified on 29 Dec 2022.
Charges
A charge with Others amounted to Rs. 5.00 Cr with Charge ID 100327988 was registered on 11 Feb 2020.
Charges
A charge registered on 08 Dec 2015 via Charge ID 10607231 with Citi Bank N.A. was fully satisfied on 08 Jan 2020.
Charges
A charge with Others amounted to Rs. 10.53 Cr with Charge ID 100306658 was registered on 25 Sep 2019.
Charges
A charge registered on 08 Aug 2008 via Charge ID 10121190 with Union Bank Of India was fully satisfied on 01 Aug 2019.

26 earlier events are in the company report.

Frequently asked questions

Asahi Ropes is an active private limited company based in Delhi, India. The company works in cable and wire, within the manufacturing industry. It was incorporated on 07 February 1986 (40+ years old) and is registered under CIN U74899DL1986PTC023284.

Asahi Ropes has 4 current directors:

The latest financial statements of Asahi Ropes 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 Asahi Ropes is 07AAACA1272B1ZE, registered in Delhi. The company has 3 GST registrations in all, of which 2 are active and 1 is cancelled or inactive. Other active GSTINs include 06AAACA1272B1ZG (Haryana).

The CIN (Corporate Identification Number) of Asahi Ropes is U74899DL1986PTC023284. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Asahi Ropes has 5 court cases on record: 5 filed by the company. 1 is pending.

Asahi Ropes was incorporated on 07 February 1986, making it 40+ years old. It is registered with the Registrar of Companies, Delhi.

Asahi Ropes has 10 deals on record (6 secondary share transfers, 4 funding rounds), with disclosed funding of ₹1.9 Cr; the latest was in March 2022.

The peers of Asahi Ropes by revenue are Panchkula Steel Pvt Ltd, Akhil Ispat Private Limited, Palladam Steels Private Limited, Anjani Wires Private Limited, Jai Hind Wire Rod Mills Private Limited and 2 more, all in the Metals and Minerals industry (Steel), with the same principal business activity (metal and metal products).

Nanak Saran Singh ceased to be Director on 24 Jun 2017. Mikesh Gupta ceased to be Additional Director on 30 Sep 2015. Nakul Gupta ceased to be Additional Director on 30 Sep 2015. Asahi Ropes has 7 board changes on record in total.

Yes, Asahi Ropes is registered as a small enterprise under Udyam registration (number: UDYAM-DL-06-0002127).