Asc Forgings Private Limited

Asc Forgings Private Limited - metals and minerals in West Bengal, India. FY 2026 financials & compliance.
CIN U27109WB2005PTC104303 Incorporated 20 July 2005 ROC Kolkata HQ West Bengal, India
Active Private Limited Company metals and minerals MSME · Small
Revenue · FY 2024
₹10.52 Cr
▲ 26% YoY
Net profit · FY 2024
₹21.63 Lakh
Net margin 2.1%
EBITDA · FY 2024
₹48.56 Lakh
EBITDA margin 4.6%
Authorised capital
₹60 Lakh
Registered with MCA
Paid-up capital
₹57 Lakh
Issued & subscribed
Open charges
₹2.37 Cr
Satisfied ₹20.35 Lakh
Company age
21 yrs
Est. 2005
Employees · EPFO
7
Provident fund records

About Asc Forgings Private Limited

Data last updated:

Asc Forgings Private Limited is a private limited company based in West Bengal, India. It operates in the steel manufacturing and processing segment of the metals and mining sector. It was incorporated on 20 July 2005 and has been in existence for over 21 years.

The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U27109WB2005PTC104303. Its GSTIN is 19AAFCA3057M1ZE (West Bengal). The company holds 2 GST registrations, all of them active.

The company has an authorised share capital of ₹60 Lakh and a paid-up capital of ₹57 Lakh. It is led by directors Vatsal Agarwal and Arun Kumar Agarwal.

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 23A N.S.Road 7th Floor R.No.2 Kol – 700001, West Bengal, India.

As per the financials filed for FY 2024, the company reported a revenue of ₹10.52 Cr, a growth of 26% compared to the previous year. For the same year it recorded a net profit of ₹21.63 Lakh (net margin 2.1%) and EBITDA of ₹48.56 Lakh (EBITDA margin 4.6%). Revenue has grown at a compounded annual rate (CAGR) of 42% over three years and 21% over five years.

The company has about 7 employees on its provident fund (EPFO) records.

As per MCA filings, the company has open charges of ₹2.37 Cr and satisfied charges of ₹20.35 Lakh on record.

Asc Forgings Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-WB-10-0033570). The current compliance status is marked as compliant by the Registrar of Companies.

Company details

CIN U27109WB2005PTC104303
Registration Number 104303
Incorporation Date 20 July 2005
ROC Kolkata
Listing Status Unlisted
Company Status Active
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-WB-10-0033570

Recognitions & Rankings of Asc Forgings

MSME (Udyam registered) Ministry of MSME
Category
Small (2024-25)
Udyam number
UDYAM-WB-10-0033570

Contact details

Asc Forgings Private Limited's registered office is in West Bengal. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    23A N.S.Road 7th Floor R.No.2 Kol – 700001, West Bengal, India
  • Industry
    Metals and Minerals, Steel Manufacturing & Processing

To see the full contact details of Asc Forgings Private Limited, buy the company report.

Comprehensive company report
Asc Forgings 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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Business activity

The main business activity of Asc Forgings is trade. In detail, this covers wholesale trading.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
GTradeG1Wholesale Trading

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

Financials of Asc Forgings Private Limited

FY 2024 filings available

Asc Forgings Private Limited reported revenue of ₹10.52 Cr (up 26% YoY) for FY 2024.

Revenue · FY 2024
₹10.52 Cr ▲ 26%
Net profit · FY 2024
₹21.63 Lakh margin 2.1%
EBITDA · FY 2024
₹48.56 Lakh margin 4.6%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 26%
3 years · compounded
▲ 42%
5 years · compounded
▲ 21%
EBITDA CAGR growth
1 year
▲ 133%
3 years · compounded
▲ 31%
5 years · compounded
▲ 18%

Revenue has grown at a compounded annual rate (CAGR) of 21% over five years, including 26% growth in the latest year. EBITDA rose 133% 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₹48.56 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)₹21.63 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin4.6%
Net Profit Margin2.1%
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 Asc Forgings Private Limited, buy the company report.

Board of directors of Asc Forgings Private Limited

Asc Forgings has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Vatsal AgarwalDirector11 Apr 20224 Years 7 MonthsCurrent
Arun Kumar AgarwalDirector20 Jul 200521 Years 3 MonthsCurrent

Auditor

Asc Forgings Private Limited is audited by ANURAJ AGARWAL & CO. for the financial year 2022.

Auditor firmFinancial yearFirm registration number
ANURAJ AGARWAL & CO.FY 2022326066E

Shareholding

The shareholding of Asc Forgings Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2023FY 2021FY 2020FY 2019FY 2018
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Asc Forgings Private Limited, buy the company report.

Charges & borrowings

Open charges
₹2.37 Cr
Satisfied charges
₹20.35 Lakh
Breakdown by lending institutions
State Bank of India₹2.26 Cr
Hdfc Bank Limited₹0.11 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
29 Jan 2024100912591Hdfc Bank Limited₹11 LakhOpen
16 Sep 2023100785866State Bank of India₹2.26 CrOpen
06 Oct 2018100213426Others₹20.35 LakhSatisfied

To see the full charge records of Asc Forgings Private Limited, buy the company report.

Total charge records: 3 View all charges

MSME payment delays

Asc Forgings Private Limited has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 2 overdue payments to 1 micro and small supplier. 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 (1 of 1)

SupplierAmount dueDue sinceReported on
Bengal Hammer Industries Pvt Ltd

To see the full MSME payment records of Asc Forgings Private Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

Employees & EPFO

Asc Forgings Private Limited has a workforce of 7 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.

Employee count
7
Active EPFO establishments
1

Headcount by financial year

Financial yearEmployees (EPFO)
FY 2026-277
FY 2025-26
FY 2024-25
FY 2023-24
FY 2022-23
FY 2021-22
FY 2020-21
FY 2019-20
FY 2018-19
FY 2017-18
FY 2016-17

To see the full employee and EPFO history of Asc Forgings Private Limited, buy the company report.

GST

Asc Forgings has 2 GST registrations: 2 active.

Total GSTINs
2
Active
2
GSTINStateStatusRegistered on
19AAFCA3057M1ZEWest BengalActive01 Jul 2017
19AAFCA3057M1DNWest BengalActive09 Dec 2024

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

Recent activity

Asc Forgings Private Limited has 4 board changes on record since 2005: 2 appointments and 2 cessations. The latest: Sandip Agarwal ceased to be Director on 28 Nov 2022.

Charges
A charge with State Bank Of India of Rs. 226.00 Lakh registered on 16 Sep 2023 with Charge ID 100785866 was modified on 27 Jan 2025.
AGM
Asc Forgings Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Asc Forgings Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Kolkata.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 11.00 Lakh with Charge ID 100912591 was registered on 29 Jan 2024.
Charges
A charge with State Bank Of India amounted to Rs. 226.00 Lakh with Charge ID 100785866 was registered on 16 Sep 2023.
Charges
A charge registered on 06 Oct 2018 via Charge ID 100213426 with Others was fully satisfied on 16 Jun 2023.
Ceased
Sandip Agarwal ceased to be Director.
Ceased
Vatsal Agarwal ceased to be Additional Director.
Appointed
Vatsal Agarwal was appointed as Director.
Charges
A charge with Others amounted to Rs. 20.35 Lakh with Charge ID 100213426 was registered on 06 Oct 2018.
Appointed
Arun Kumar Agarwal was appointed as Director.
Incorporation
20 Jul 2005
Asc Forgings Private Limited was registered on 20 Jul 2005 with Roc Kolkata & aged 21 years 3 months as per MCA records.

Frequently asked questions

Asc Forgings is an active private limited company based in West Bengal, India. The company works in steel manufacturing and processing, within the metals and minerals industry. It was incorporated on 20 July 2005 (21+ years old) and is registered under CIN U27109WB2005PTC104303.

Asc Forgings has 2 current directors:

The latest financial statements of Asc Forgings 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 Asc Forgings is 19AAFCA3057M1ZE, registered in West Bengal. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 19AAFCA3057M1DN (West Bengal).

The CIN (Corporate Identification Number) of Asc Forgings is U27109WB2005PTC104303. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Asc Forgings was incorporated on 20 July 2005, making it 21+ years old. It is registered with the Registrar of Companies, Kolkata.

Sandip Agarwal ceased to be Director on 28 Nov 2022. Vatsal Agarwal ceased to be Additional Director on 29 Sep 2022. Vatsal Agarwal was appointed as Director on 11 Apr 2022. Asc Forgings has 4 board changes on record in total.

Yes, Asc Forgings is registered as a small enterprise under Udyam registration (number: UDYAM-WB-10-0033570).

Asc Forgings has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 2 overdue payments to 1 micro and small supplier. The latest return was filed on 08 Jun 2019.

The registered office of Asc Forgings is at 23A N.S.Road 7th Floor R.No.2 Kol – 700001, West Bengal, India.

Asc Forgings operates in the metals and minerals industry, in the steel manufacturing and processing segment.