Asahi Songwon Colors Limited - Company Profile

Q: Who are the current directors of Asahi Songwon Colors Limited?

The current directors of Asahi Songwon Colors Limited are Miteshkumar Nandubhai Patel, Arjun Gokul Jaykrishna, Pratik Narendrabhai Shah, Anilkumar Mithalal Jain, Paru Mrugesh Jaykrishna, Gokul Mrugesh Jaykrishna, Samvegbhai Arvindbhai Lalbhai, Sudhin Bhagwandas Choksey, Shivani Revat Lakhia, Saji Varghese Joseph, Maulik Deepak Mehta.

It is a chemicals and materials public limited company based in Ahmedabad, Gujarat, India, established in 1990.

1990 Ahmedabad, Gujarat, India Active

Last Updated: February 06, 2026

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About Asahi Songwon Colors Limited

Asahi Songwon Colors Limited, a active public limited company, was established on 10 December 1990 in Ahmedabad, Gujarat, India. Engaging in dyes & pigments within the manufacturing sector, it holds CIN: L24222GJ1990PLC014789. Registered under ROC Roc Ahmedabad. it is listed on BSE: 532853 and NSE: ASAHISONG. It has an authorized capital of ₹16.50 Cr and a paid-up capital of ₹11.79 Cr.

Formerly known as Asahi Songwon Colors Limited (Lucky Laminates), Lucky Laminates Private Limited. It upholds a compliant status. In 2023, it reported revenue of ₹343.04 Cr and a net worth of ₹235.47 Cr. Employing 242 professional, Its leadership includes Miteshkumar Nandubhai Patel (Whole-Time Director), Arjun Gokul Jaykrishna (Whole-Time Director), Anilkumar Mithalal Jain (Director). Past directors included Gaurang Navinchandra Shah, Alok Omprakash Jhawar, Pradeepbhai Jasubhai Jha. It holds ₹225.38 Cr open charges and ₹25.58 Cr settled loans. Its latest AGM occurred on 12 September 2025, with the balance sheet filed on 31 March 2025. It is based at Asahihouse,20,Timescorporatepark,Thaltej-Shilajroad,Thaltej, Ahmedabad, Gujarat, 380059.

Company Details

CIN/LLPIN
L24222GJ1990PLC014789
Registration Number
014789
Incorporation Date
10 December 1990
Authorized Capital
₹16.50 Cr
Paid-Up Capital
₹11.79 Cr
ROC Code
Roc Ahmedabad
Listing Status
Listed (BSE: 532853, NSE: ASAHISONG)
Company Status
Active

Key Metrics

Authorised Capital ₹ 16.50 Cr as on 06-02-2026
Paid Up Capital ₹ 11.79 Cr as on 06-02-2026
Company Age 35 Year, 2 Months
Last Filing with ROC 31 Mar 2025
Open Charges ₹ 225.38 Cr as on 06-02-2026
Satisfied Charges ₹ 25.58 Cr as on 06-02-2026
Revenue Growth **** -15.78% (FY 2023)
Profit Growth **** -119.47% (FY 2023)
Ebitda **** -80.38% (FY 2023)
Net Worth -6.66% (FY 2023)
Total Assets **** 3.30% (FY 2023)

Comprehensive Company Insights

Explore comprehensive insights into Asahi Songwon Colors Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Asahi Songwon Colors Limited?

Current Directors

Name	Designation	Appointment Date	Status
Miteshkumar Nandubhai Patel	Whole-Time Director	25 Oct 2023	Current
Arjun Gokul Jaykrishna	Whole-Time Director	14 Oct 2019	Current
Anilkumar Mithalal Jain	Director	27 Jul 2024	Current
Paru Mrugesh Jaykrishna	Managing Director	19 Dec 1990	Current
Gokul Mrugesh Jaykrishna	Managing Director	08 Mar 1996	Current
Samvegbhai Arvindbhai Lalbhai	Director	02 Sep 2024	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Director	12 Aug 2019	Past
Pramod Abcsdd	Cfo	-	Past
Pramod Abcsdd	Director	11 Aug 2024	Past
Pramod Abcsdd	Cfo	12 Dec 2022	Past
Pramod Abcsdd	Additional Director	30 Sep 2020	Past
Pramod Abcsdd	Director	11 Aug 2024	Past

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Financial Performance of Asahi Songwon Colors.

Asahi Songwon Colors Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 15.78% decrease. The company also saw a substantial fall in profitability, with a 119.47% decrease in profit. The company's net worth dipped by a decrease of 6.66%.

Date	Amount	Transaction Name	Valuation	Lead Investors	Investors
Jul, 2021	Amount	Post-IPO - Grab	Valuation	investors	Emtek
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners
Jan, 2021	Amount	Post-IPO - Grab	Valuation	investors	Hana Financial Group , GGV Capital
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners

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Key Matrics
Balance Sheet
Profit and Loss
Cash Flow
Ratios

Metrics

(FY 2023)

YOY Growth

(FY 2022)

(FY 2021)

(FY 2020)

(FY 2019)

Total Revenue

********

-15.78%

*******

Revenue from Operations

*******

-16.83%

*******

Total Assets

*******

3.30%

*******

Profit or Loss

*******

-119.47%

*******

Net Worth

*******

-6.66%

*******

EBITDA

*******

-80.38%

*******

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What is the Ownership and Shareholding Structure of Asahi Songwon Colors?

In 2023, Asahi Songwon Colors had a promoter holding of 66.73% and a public holding of 33.28%. The company had 3 Subsidiaries and 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)

Promoters: 92.83%
Public: 4.10%
Others: 3.07%

Shareholding Pattern over the Year

	FY (2024)	FY (2023)	FY (2022)	FY (2021)	FY (2020)
Promoters	92.83	94.62	94.55	94.55	94.55
Public	4.10	3.89	3.95	3.96	3.98
Others	3.07	1.49	1.50	1.49	1.47

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Charges (Loans)

Open Charges

₹2,253,840,000.00

Satisfied Charges

₹255,844,245.00

Charges Breakdown by Lending Institutions

Others : 180.00 Cr
Hdfc Bank Limited : 34.88 Cr
State Bank Of India : 10.50 Cr

Latest Charge Details

Date	Lender	Amount	Status
23 Mar 2022	Hdfc Bank Limited	₹34.88 Cr	Open
22 Jun 2004	Others	₹90.00 Cr	Open
24 May 2004	Others	₹90.00 Cr	Open
07 Jan 1994	State Bank Of India	₹5.75 Cr	Open
07 Jan 1994	State Bank Of India	₹4.55 Cr	Open

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How Many Employees Work at Asahi Songwon Colors?

Asahi Songwon Colors has a workforce of 242 employees as of Aug 03, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee Date	Number of Employees
2020	78,000
2021	80,500
2022	83,200
2023	86,000
2024	89,500
2025	92,000

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Deals i

Gain comprehensive insights into the Deals and Valuation data of Asahi Songwon Colors, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Asahi Songwon Colors's trajectory.

Rating

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on Asahi Songwon Colors

Recent Activity within the Organization

Director Appointment

The activity Maulik Deepak Mehta was appointed as a Additional Director was appointed as a Additional Director on 11 Nov 2025 & has been associated with this company since 3 months 15 days . was completed.
11 Nov 2025
Annual General Meeting

Asahi Songwon Colors Limited last Annual general meeting of members was held on 12 Sep 2025 as per latest MCA records. was recorded as a recent event.
12 Sep 2025
Balance Sheet

Asahi Songwon Colors Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad. was recorded as a recent event.
31 Mar 2025
Director Appointment

Pratik Narendrabhai Shah was appointed as a CFO was appointed as a CFO on 08 Oct 2024 & has been associated with this company since 1 year 4 months . was recorded as a recent event.
08 Oct 2024
Director Appointment

Samvegbhai Arvindbhai Lalbhai was appointed as a Director was appointed as a Director on 02 Sep 2024 & has been associated with this company since 1 year 5 months . was recorded as a recent event.
02 Sep 2024
Director Appointment

Progress on Sudhin Bhagwandas Choksey was appointed as a Director was appointed as a Director on 10 Aug 2024 & has been associated with this company since 1 year 6 months . was documented.
10 Aug 2024

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