Ashapura Minechem Ltd - Company Profile

Q: Who are the current directors of Ashapura Minechem Ltd?

The current directors of Ashapura Minechem Ltd are Dipak Vora, Hemul Ramesh Shah, Sachin Prakash Polke, Ashish Sureshchandra Desai, Pundarik Sanyal, Neeta Sunil Shah, Chetan Navnitlal Shah, Himani Chetan Shah, Surekha Umesh Sathe.

It is a metals and minerals public limited company based in Mumbai, Maharashtra, India, established in 1982.

1982 Mumbai, Maharashtra, India Active

Last Updated: December 30, 2025

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About Ashapura Minechem Ltd

Ashapura Minechem Ltd, a active public limited company, was established on 19 February 1982 in Mumbai, Maharashtra, India. Engaging in other metals & minerals within the manufacturing sector, it holds CIN: L14108MH1982PLC026396. Registered under ROC Roc Mumbai. it is listed on BSE: 527001 and NSE: SHAPURMIN. It has an authorized capital of ₹90.00 Cr and a paid-up capital of ₹19.11 Cr.

Formerly known as Ashapura Minechem Pvt Ltd. It upholds a compliant status. In 2024, it reported revenue of ₹346.53 Cr and a net worth of ₹199.66 Cr. Employing 269 professional, Its leadership includes Dipak Vora (Director), Sachin Prakash Polke (Nodal Officer), Hemul Ramesh Shah (Whole-Time Director). Past directors included Dipak Vora, Rajendra Wazirchand Khanna, Rasiklal Dalichand Doshi. It holds ₹2,028.27 Cr open charges and ₹226.26 Cr settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at Jeevan Udyog Bldg., 3 Rd Floor, 278 D. N. Rd, Fort, Mumbai, Maharashtra, 400001.

Company Details

CIN/LLPIN
L14108MH1982PLC026396
Registration Number
026396
Incorporation Date
19 February 1982
Authorized Capital
₹90.00 Cr
Paid-Up Capital
₹19.11 Cr
ROC Code
Roc Mumbai
Listing Status
Listed (BSE: 527001, NSE: SHAPURMIN)
Company Status
Active

Key Metrics

Authorised Capital ₹ 90.00 Cr as on 30-12-2025
Paid Up Capital ₹ 19.11 Cr as on 30-12-2025
Company Age 44 Year, 12 Days
Last Filing with ROC 31 Mar 2024
Open Charges ₹ 2,028.27 Cr as on 30-12-2025
Satisfied Charges ₹ 226.26 Cr as on 30-12-2025
Revenue Growth **** 31.91% (FY 2024)
Profit Growth **** 2474.13% (FY 2024)
Ebitda **** 1186.44% (FY 2024)
Net Worth 477.02% (FY 2024)
Total Assets -4.38% (FY 2024)

Comprehensive Company Insights

Explore comprehensive insights into Ashapura Minechem Ltd — 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 Ashapura Minechem Ltd?

Current Directors

Name	Designation	Appointment Date	Status
Dipak Vora	Director	23 Jan 2025	Current
Sachin Prakash Polke	Nodal Officer	30 Aug 2019	Current
Hemul Ramesh Shah	Whole-Time Director	30 Dec 2020	Current
Pundarik Sanyal	Director	09 Feb 2016	Current
Neeta Sunil Shah	Director	11 Nov 2020	Current
Chetan Navnitlal Shah	Director	19 Feb 1982	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Additional Director	15 Apr 2025	Past
Pramod Abcsdd	Nominee Director	31 Dec 2013	Past
Pramod Abcsdd	Director	21 Jan 2009	Past
Pramod Abcsdd	Alternate Director	15 May 2009	Past
Pramod Abcsdd	Additional Director	28 Sep 2018	Past
Pramod Abcsdd	Ceo(Kmp)	15 Feb 2020	Past

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Financial Performance of Ashapura Minechem.

Ashapura Minechem Ltd, for the financial year ended 2024, experienced significant growth in revenue, with a 31.91% increase. The company also saw a substantial improvement in profitability, with a 2474.13% increase in profit. The company's net worth Soared by an impressive increase of 477.02%.

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

********

31.91%

*******

Revenue from Operations

*******

49.60%

*******

Total Assets

*******

-4.38%

*******

Profit or Loss

*******

2474.13%

*******

Net Worth

*******

477.02%

*******

EBITDA

*******

1186.44%

*******

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What is the Ownership and Shareholding Structure of Ashapura Minechem?

In 2024, Ashapura Minechem had a promoter holding of 45.39% and a public holding of 54.61%. The company had 10 Subsidiaries. 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

₹20,282,720,000.00

Satisfied Charges

₹2,262,567,094.00

Charges Breakdown by Lending Institutions

Bank Of India & 10 Others : 1600.00 Cr
Others : 214.18 Cr
Union Bank Of India : 144.77 Cr
Edelweiss Asset Reconstruction Company Limited : 31.09 Cr
Hdfc Bank Limited : 25.00 Cr
Others : 13.23 Cr

Latest Charge Details

Date	Lender	Amount	Status
17 Nov 2022	Others	₹5.00 Cr	Open
28 Oct 2022	Others	₹2.68 Cr	Open
03 Jan 2018	Others	₹206.50 Cr	Open
08 Oct 2010	Union Bank Of India	₹55.77 Cr	Open
01 Sep 2009	Hdfc Bank Limited	₹25.00 Cr	Open

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How Many Employees Work at Ashapura Minechem?

Ashapura Minechem has a workforce of 269 employees as of Apr 06, 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 Ashapura Minechem, 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 Ashapura Minechem'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 Ashapura Minechem

Recent Activity within the Organization

Director Appointment

Progress on Surekha Umesh Sathe was appointed as a Director was appointed as a Director on 30 May 2025 & has been associated with this company since 9 months 4 days . was documented.
30 May 2025
Director Appointment

Dipak Vora was appointed as a Director was appointed as a Director on 23 Jan 2025 & has been associated with this company since 1 year 1 month . was recorded as a recent event.
23 Jan 2025
Charges

A charge registered on 08 Jan 2004 via Charge ID 101003852 with Export Import Bank Of India was fully satisfied on 20 Dec 2024. was recorded as a recent event.
20 Dec 2024
Charges

The activity A charge registered on 19 Jul 2003 via Charge ID 101004421 with Export Import Bank Of India was fully satisfied on 20 Dec 2024. was completed.
20 Dec 2024
Charges

A charge registered on 17 Jul 2003 via Charge ID 101004277 with Export Import Bank Of India was fully satisfied on 20 Dec 2024. was recorded as a recent event.
20 Dec 2024
Charges

The activity A charge registered on 17 Mar 2003 via Charge ID 101001265 with Export-Import Bank Of India was fully satisfied on 20 Dec 2024. was completed.
20 Dec 2024

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