MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-DL-06-0002127
Asahi Ropes Private Limited - manufacturing in Delhi, India. FY 2026 financials & compliance.
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
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
- Website
- Social Media
- Registered Address902 Klj Tower North Netaji Subhash Place Pitampura, Delhi, India – 110034
- IndustryManufacturing, 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.
| Brand | Description | Website |
|---|---|---|
| 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 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 Asahi Ropes Private Limited, buy the company report.
Financials of Asahi Ropes Private Limited
FY 2024 filings availableAsahi 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
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| Cost of Materials Consumed | |||||
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| Depreciation and Amortisation | |||||
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| 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 | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 6.5% | ||||
| Net Profit Margin | 2.5% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
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| Quick Ratio | |||||
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| 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
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ashwani Gupta | Director | 07 Feb 1986 | 40 Years 9 Months | Current |
| Nakul Gupta | Director | 24 Mar 2015 | 11 Years 7 Months | Current |
| Mikesh Gupta | Director | 24 Mar 2015 | 11 Years 7 Months | Current |
| Mukesh Kumar Gupta Also directs: Four Emm Credit and Portfolio Private Limited | Director | 07 Feb 1986 | 40 Years 9 Months | Current |
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.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| 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 Cr | 2.5% | 33.0% | 149 | Delhi, 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 firm | Financial year | Firm registration number |
|---|---|---|
| L N Chaudhary & Co. | FY 2023 | 501518 |
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 category | FY 2022 | FY 2020 | FY 2019 | FY 2018 | FY 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
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 Dec 2023 | 100861456 | Others | ₹4.76 Cr | Open | |
| 11 Feb 2020 | 100327988 | Others | ₹5 Cr | Open | |
| 25 Sep 2019 | 100306658 | Others | ₹10.53 Cr | Open | |
| 08 Dec 2015 | 10607231 | Citi Bank N.A. | ₹89.4 Lakh | Satisfied | |
| 16 Dec 2008 | 10139211 | Haryana Financial Corporation | ₹45 Lakh | Satisfied |
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)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2022 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Mar 2020 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: Hardial Singh & Sons HUF, 3 individuals |
| Sep 2014 | Secondary share transfer | Undisclosed | Buyer: Four Emm Credit and Portfolio Private Limited , Rakesh Kumar Gupta HUF Seller: 4 individuals |
| Mar 2011 | Secondary share transfer | Undisclosed | Buyer: 3 individuals Seller: Mafle Industries Private Limited , CVH Sea Lifes Limited , Pragaya Multitraders Private Limited |
| Mar 2010 | Funding round | ₹18 Lakh | Investors: 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.
Legal cases
Asahi Ropes Private Limited has 5 court cases on record: 5 filed by Asahi Ropes. 1 case is pending and 4 are disposed.
Total cases
5
Filed by the company
5
Pending
1
Disposed
4
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 5 | 0 | 1 |
Cases on record (5 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, North West, Delhi | Civil suit | Filed by the company against Siby Mining and Infrastructure Pvt. Ltd. | Disposed |
| District court, Central, Delhi | Criminal case | Filed by the company against M/S Roljack Asia Limited | Disposed |
| District court, North West, Delhi | Cheque dishonour complaint | Filed by the company against individuals | Pending |
| District court, Central, Delhi | Criminal case | Filed by the company against an individual | Disposed |
| District court, Central, Delhi | Civil suit | Filed by the company against an individual | Disposed |
To see the full case history of Asahi Ropes 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 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
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AAACA1272B1ZE | Delhi | Active | 01 Jul 2017 |
| 06AAACA1272B1ZG | Haryana | Active | 01 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:
- Ashwani Gupta - Director
- Nakul Gupta - Director
- Mikesh Gupta - Director
- Mukesh Kumar Gupta - Director
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).
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