MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-WB-06-0000476
Asha Ispat Pvt Ltd
Asha Ispat Pvt Ltd - metals and minerals in Siliguri, West Bengal, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹52.91 Cr
▼ 17% YoY
Net profit · FY 2024
₹7.92 Lakh
Net margin 0.1%
EBITDA · FY 2024
₹1.1 Cr
EBITDA margin 2.1%
Authorised capital
₹1.9 Cr
Registered with MCA
Paid-up capital
₹1.08 Cr
Issued & subscribed
Open charges
₹22.27 Cr
Satisfied ₹8.85 Cr
Company age
30 yrs
Est. 1996
Employees · EPFO
9
Provident fund records
About Asha Ispat Pvt Ltd
Data last updated:
Asha Ispat Pvt Ltd is a private limited company based in Siliguri, West Bengal, India. It operates in the steel manufacturing and processing segment of the metals and mining sector. It was incorporated on 06 June 1996 and has been in existence for over 30 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U27101WB1996PTC079964. Its GSTIN is 19AACCA8206B1Z3 (West Bengal).
The company has an authorised share capital of ₹1.9 Cr and a paid-up capital of ₹1.08 Cr. It is led by directors Rajesh Agarwal and Ravi 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 Station Feeder Rd, Siliguri, West Bengal, India – 734405.
As per the financials filed for FY 2024, the company reported a revenue of ₹52.91 Cr, a decline of 17% compared to the previous year. For the same year it recorded a net profit of ₹7.92 Lakh (net margin 0.1%) and EBITDA of ₹1.1 Cr (EBITDA margin 2.1%). Revenue has declined at a compounded annual rate (CAGR) of 8% over five years.
The company has about 9 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹22.27 Cr and satisfied charges of ₹8.85 Cr on record. Court records list 5 cases involving the company, including 4 filed by the company and 1 filed against it.
Asha Ispat Pvt Ltd is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-WB-06-0000476). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U27101WB1996PTC079964
Registration Number 079964
Incorporation Date 06 June 1996
ROC Kolkata
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 Medium
Udyam Registration UDYAM-WB-06-0000476
CIN history
Asha Ispat has one previous CIN (Corporate Identification Number): U99999WB1996PTC079964. The current CIN is U27101WB1996PTC079964, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U27101WB1996PTC079964 | Current |
| U99999WB1996PTC079964 | Previous |
Key People
Rajesh Agarwal Director Ravi Agarwal Director Recognitions & Rankings of Asha Ispat
Contact details
Asha Ispat Pvt Ltd's registered office is in Siliguri, West Bengal. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressStation Feeder Rd, Siliguri, West Bengal, India – 734405
- IndustryMetals and Minerals, Steel Manufacturing & Processing
To see the full contact details of Asha Ispat Pvt Ltd, buy the company report.
Comprehensive company report
Asha Ispat Pvt Ltd - 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 Asha Ispat 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 Asha Ispat Pvt Ltd, buy the company report.
Financials of Asha Ispat Pvt Ltd
FY 2024 filings availableAsha Ispat Pvt Ltd reported revenue of ₹52.91 Cr (down 17% YoY) for FY 2024.
Revenue · FY 2024
₹52.91 Cr ▼ 17%
Net profit · FY 2024
₹7.92 Lakh margin 0.1%
EBITDA · FY 2024
₹1.1 Cr margin 2.1%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 17%
5 years · compounded
▼ 8%
EBITDA CAGR growth
1 year
▲ 5%
3 years · compounded
▼ 7%
5 years · compounded
▼ 13%
Revenue has declined at a compounded annual rate (CAGR) of 8% over five years, including a 17% fall in the latest year. EBITDA rose 5% 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 |
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| Total Expenses | |||||
| EBITDA | ₹1.1 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹7.92 Lakh | ||||
| Balance Sheet | |||||
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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 | 2.1% | ||||
| Net Profit Margin | 0.1% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of Asha Ispat Pvt Ltd, buy the company report.
Board of directors of Asha Ispat Pvt Ltd
Asha Ispat has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rajesh Agarwal | Director | 16 Jun 1996 | 30 Years 4 Months | Current |
| Ravi Agarwal Also directs: Dooars Tea Estate Private Limited | Director | 16 Mar 2020 | 6 Years 7 Months | Current |
Peer comparison
Asha Ispat Pvt Ltd is compared with the 5 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 |
|---|---|---|---|---|---|---|
| An-Tech Fabrication India Private Limited | ₹53.05 Cr (FY 2025) | -12.0% | Mumbai, Maharashtra, India | |||
| Asha Ispat Pvt Ltdthis company | ₹52.91 Cr (FY 2024) | ₹7.92 Lakh | 0.1% | -17.0% | 9 | Siliguri, West Bengal, India |
| Metasponge Private Limited | ₹52.64 Cr (FY 2025) | 14.0% | Sundargarh, Odisha, India | |||
| SJ Udyog Private Limited | ₹52.44 Cr (FY 2025) | -17.0% | Kolkata, West Bengal, India | |||
| V. S. Multi Metal Private Limited | ₹52.44 Cr (FY 2018) | -37.0% | Ahmedabad, Gujarat, India | |||
| Balaji Steel Rolling Mills Pvt Ltd. | ₹52.37 Cr (FY 2025) | 186.0% | Secunderabad, Telangana, India |
To see the full peer comparison of Asha Ispat Pvt Ltd, buy the company report.
Auditor
Asha Ispat Pvt Ltd is audited by G C A S AND ASSOCIATES LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| G C A S AND ASSOCIATES LLP | FY 2023 | 0327601E |
Shareholding
The shareholding of Asha Ispat Pvt Ltd is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Asha Ispat Pvt Ltd, buy the company report.
Charges & borrowings
Open charges
₹22.27 Cr
Satisfied charges
₹8.85 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Nov 2024 | 101009986 | State Bank of India | ₹6.1 Cr | Open | |
| 24 Nov 2017 | 100138382 | State Bank of India | ₹9.2 Cr | Open | |
| 22 Sep 1998 | 90370627 | State Bank of India | ₹6.97 Cr | Open | |
| 20 Aug 2013 | 10445315 | State Bank of India | ₹8.85 Cr | Satisfied |
To see the full charge records of Asha Ispat Pvt Ltd, buy the company report.
Total charge records: 4 View all charges
Legal cases
Asha Ispat Pvt Ltd has 5 court cases on record: 4 filed by Asha Ispat, 1 filed against it. All cases are disposed.
Total cases
5
Filed by the company
4
Filed against the company
1
Disposed
5
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 5 | 1 | 0 |
Cases on record (4 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, West Bengal | Writ petition | Filed by the company against an individual | Disposed |
| High Court | Tax appeal | Filed against the company by Commissioner of Central Excise, Siliguri | Disposed |
| Calcutta High Court | Writ petition | Filed by the company against State of W.B | Disposed |
| High Court | Writ petition | Filed by the company against State of W.B. | Disposed |
To see the full case history of Asha Ispat Pvt Ltd, 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.
Credit ratings & regulatory alerts
Asha Ispat Pvt Ltd was last rated by Crisil on 09 Nov 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 09 Nov 2020 |
To see the full credit ratings and regulatory alerts of Asha Ispat Pvt Ltd, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Asha Ispat Pvt Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Asha Ispat Pvt Ltd has a workforce of 9 employees on its EPFO records as of Apr 05, 2024, across 1 active EPFO establishment.
Employee count
9
Active EPFO establishments
1
Employee growth
12.5%
GST
Asha Ispat has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 19AACCA8206B1Z3 | West Bengal | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Asha Ispat Pvt Ltd, buy the company report.
Recent activity
Asha Ispat Pvt Ltd has 3 board changes on record since 1996: 2 appointments and 1 cessation. The latest: Roshanlal Agarwal ceased to be Director on 20 Mar 2020.
Charges
A charge with State Bank Of India amounted to Rs. 6.10 Cr with Charge ID 101009986 was registered on 29 Nov 2024.
Charges
A charge with State Bank Of India of Rs. 9.20 Cr registered on 24 Nov 2017 with Charge ID 100138382 was modified on 30 Oct 2024.
AGM
Asha Ispat Pvt Ltd last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Asha Ispat Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Kolkata.
Charges
A charge with State Bank Of India of Rs. 6.97 Cr registered on 22 Sep 1998 with Charge ID 90370627 was modified on 31 Mar 2024.
Charges
A charge registered on 20 Aug 2013 via Charge ID 10445315 with State Bank Of India was fully satisfied on 05 Sep 2022.
Ceased
Roshanlal Agarwal ceased to be Director.
Appointed
Ravi Agarwal was appointed as Director.
Charges
A charge with State Bank Of India amounted to Rs. 9.20 Cr with Charge ID 100138382 was registered on 24 Nov 2017.
Charges
A charge with State Bank Of India of Rs. 8.85 Cr registered on 20 Aug 2013 with Charge ID 10445315 was modified on 15 Mar 2016.
Charges
A charge with State Bank Of India amounted to Rs. 8.85 Cr with Charge ID 10445315 was registered on 20 Aug 2013.
Charges
A charge with State Bank Of India amounted to Rs. 6.97 Cr with Charge ID 90370627 was registered on 22 Sep 1998.
2 earlier events are in the company report.
Frequently asked questions
Asha Ispat is an active private limited company based in Siliguri, West Bengal, India. The company works in steel manufacturing and processing, within the metals and minerals industry. It was incorporated on 06 June 1996 (30+ years old) and is registered under CIN U27101WB1996PTC079964.
Asha Ispat has 2 current directors:
- Rajesh Agarwal - Director
- Ravi Agarwal - Director
The latest financial statements of Asha Ispat 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 Asha Ispat is 19AACCA8206B1Z3, registered in West Bengal.
The CIN (Corporate Identification Number) of Asha Ispat is U27101WB1996PTC079964. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Asha Ispat has 5 court cases on record: 4 filed by the company and 1 filed against it.
Asha Ispat was incorporated on 06 June 1996, making it 30+ years old. It is registered with the Registrar of Companies, Kolkata.
The peers of Asha Ispat by revenue are An-Tech Fabrication India Private Limited, Metasponge Private Limited, SJ Udyog Private Limited, V. S. Multi Metal Private Limited, Balaji Steel Rolling Mills Pvt Ltd, all in the Metals and Minerals industry (Steel), with the same principal business activity (metal and metal products).
Roshanlal Agarwal ceased to be Director on 20 Mar 2020. Ravi Agarwal was appointed as Director on 16 Mar 2020. Rajesh Agarwal was appointed as Director on 16 Jun 1996.
Yes, Asha Ispat is registered as a medium enterprise under Udyam registration (number: UDYAM-WB-06-0000476).
The registered office of Asha Ispat is at Station Feeder Rd, Siliguri, West Bengal, India – 734405.