MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-GJ-01-0099533
Ashar Lockeys Private Limited - machinery and equipment in Ahmedabad, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹1.91 Cr
▼ 45% YoY
Net profit · FY 2025
₹5.44 Lakh
Net margin 2.8%
EBITDA · FY 2025
₹17.04 Lakh
EBITDA margin 8.9%
Authorised capital
₹25 Lakh
Registered with MCA
Paid-up capital
₹24.79 Lakh
Issued & subscribed
Satisfied charges
₹2.1 Cr
No open charges
Company age
23 yrs
Est. 2003
Directors on board
2
As per MCA filings
About Ashar Lockeys Private Limited
Data last updated:
Ashar Lockeys Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the industrial machinery manufacturing segment of the machinery and industrial equipment sector. It was incorporated on 01 August 2003 and has been in existence for over 23 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U28111GJ2003PTC042714. Its GSTIN is 24AAACZ1866G1ZB (Gujarat).
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹24.79 Lakh. It is led by directors Punit Arun Ashar and Radhika Punit Ashar.
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 A – 415 Siddhi Vinayak Towers Behind Dcp Office Off. S.G. Highway Makarba, Ahmedabad, Gujarat, India – 380051.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.91 Cr, a decline of 45% compared to the previous year. For the same year it recorded a net profit of ₹5.44 Lakh (net margin 2.8%) and EBITDA of ₹17.04 Lakh (EBITDA margin 8.9%). Revenue has declined at a compounded annual rate (CAGR) of 39% over three years and 18% over five years.
The company is associated with 1 brand: Ashar Lockeys. As per MCA filings, the company has satisfied charges of ₹2.1 Cr on record. Court records list 1 case involving the company, including 1 filed by the company.
Ashar Lockeys Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0099533). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website autokeytech.in.
Company details
CIN U28111GJ2003PTC042714
Registration Number 042714
Incorporation Date 01 August 2003
ROC Ahmedabad
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-GJ-01-0099533
Recognitions & Rankings of Ashar Lockeys
Contact details
Ashar Lockeys Private Limited's registered office is in Ahmedabad, Gujarat. Its website is autokeytech.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressA – 415 Siddhi Vinayak Towers Behind Dcp Office Off. S.G. Highway Makarba, Ahmedabad, Gujarat, India – 380051
- IndustryMachinery and Equipment, Industrial Machinery Manufacturing
To see the full contact details of Ashar Lockeys Private Limited, buy the company report.
Comprehensive company report
Ashar Lockeys 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
Ashar Lockeys operates one associated brand: ASHAR LOCKEYS. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Supplies aftermarket automotive locksmith and garage products, including diagnostic tools and key cutting machines. | asharlockeys.com |
Business activity
The main business activity of Ashar Lockeys is trade. In detail, this covers retail trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of Ashar Lockeys Private Limited, buy the company report.
Financials of Ashar Lockeys Private Limited
FY 2024 filings availableAshar Lockeys Private Limited reported revenue of ₹1.91 Cr (down 45% YoY) for FY 2025.
Revenue · FY 2025
₹1.91 Cr ▼ 45%
Net profit · FY 2025
₹5.44 Lakh margin 2.8%
EBITDA · FY 2025
₹17.04 Lakh margin 8.9%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 45%
3 years · compounded
▼ 39%
5 years · compounded
▼ 18%
EBITDA CAGR growth
1 year
▼ 53%
3 years · compounded
▼ 23%
5 years · compounded
▼ 9%
Revenue has declined at a compounded annual rate (CAGR) of 18% over five years, including a 45% fall in the latest year. EBITDA fell 53% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
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| Total Expenses | |||||
| EBITDA | ₹17.04 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹5.44 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 8.9% | ||||
| Net Profit Margin | 2.8% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Receivable Days | |||||
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To see the full financial statements and ratios of Ashar Lockeys Private Limited, buy the company report.
Board of directors of Ashar Lockeys Private Limited
Ashar Lockeys has 2 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 |
|---|---|---|---|---|
| Punit Arun Ashar Also directs: Keyzone Retail LLP, Keycare Products LLP, Keycare Auto Electronics Private Limited and 1 more | Director | 01 Aug 2003 | 23 Years 2 Months | Current |
| Radhika Punit Ashar Also directs: Keyzone Retail LLP | Director | 26 May 2021 | 5 Years 4 Months | Current |
Auditor
Ashar Lockeys Private Limited is audited by H. B. PUROHIT & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| H. B. PUROHIT & CO. | FY 2023 | 108240W |
Shareholding
The shareholding of Ashar Lockeys 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 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 Ashar Lockeys Private Limited, buy the company report.
Charges & borrowings
Open charges
None
Satisfied charges
₹2.1 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 22 Mar 2016 | 100016727 | Others | ₹16.8 Lakh | Satisfied | |
| 20 Oct 2015 | 10601337 | Axis Bank Limited | ₹1.25 Cr | Satisfied | |
| 20 May 2014 | 10494632 | Kotak Mahindra Bank Limited | ₹23 Lakh | Satisfied | |
| 29 Dec 2012 | 10396270 | Yes Bank Limited | ₹20 Lakh | Satisfied | |
| 06 Feb 2007 | 10041529 | State Bank of India | ₹25 Lakh | Satisfied |
To see the full charge records of Ashar Lockeys Private Limited, buy the company report.
Total charge records: 5 View all charges
Legal cases
Ashar Lockeys Private Limited has 1 court case on record: 1 filed by Ashar Lockeys. All case is disposed.
Total cases
1
Filed by the company
1
Disposed
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed by the company against an individual | Disposed |
To see the full case history of Ashar Lockeys 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 Ashar Lockeys Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Ashar Lockeys has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAACZ1866G1ZB | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Ashar Lockeys Private Limited, buy the company report.
Recent activity
Ashar Lockeys Private Limited has 5 board changes on record since 2003: 2 appointments and 3 cessations. The latest: Arun Haridas Ashar ceased to be Director on 10 Jul 2021.
AGM
Ashar Lockeys Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Ashar Lockeys Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.
Charges
A charge registered on 20 Oct 2015 via Charge ID 10601337 with Axis Bank Limited was fully satisfied on 12 Sep 2023.
Charges
A charge with Axis Bank Limited of Rs. 125.00 Lakh registered on 20 Oct 2015 with Charge ID 10601337 was modified on 25 Oct 2021.
Ceased
Arun Haridas Ashar ceased to be Director.
Appointed
Radhika Punit Ashar was appointed as Director.
Charges
A charge registered on 22 Mar 2016 via Charge ID 100016727 with Others was fully satisfied on 05 Oct 2018.
Ceased
Manjula Arun Ashar ceased to be Director.
Charges
A charge with Others amounted to Rs. 16.80 Lakh with Charge ID 100016727 was registered on 22 Mar 2016.
Charges
A charge with Axis Bank Limited amounted to Rs. 125.00 Lakh with Charge ID 10601337 was registered on 20 Oct 2015.
Charges
A charge registered on 20 May 2014 via Charge ID 10494632 with Kotak Mahindra Bank Limited was fully satisfied on 15 Oct 2015.
Charges
A charge with Kotak Mahindra Bank Limited amounted to Rs. 23.00 Lakh with Charge ID 10494632 was registered on 20 May 2014.
8 earlier events are in the company report.
Frequently asked questions
Ashar Lockeys is an active private limited company based in Ahmedabad, Gujarat, India. The company works in industrial machinery manufacturing, within the machinery and equipment industry. It was incorporated on 01 August 2003 (23+ years old) and is registered under CIN U28111GJ2003PTC042714.
Ashar Lockeys has 2 current directors:
- Punit Arun Ashar - Director
- Radhika Punit Ashar - Director
The latest financial statements of Ashar Lockeys 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 Ashar Lockeys is 24AAACZ1866G1ZB, registered in Gujarat.
The CIN (Corporate Identification Number) of Ashar Lockeys is U28111GJ2003PTC042714. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ashar Lockeys has 1 court case on record: 1 filed by the company.
Ashar Lockeys was incorporated on 01 August 2003, making it 23+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Arun Haridas Ashar ceased to be Director on 10 Jul 2021. Radhika Punit Ashar was appointed as Director on 26 May 2021. Manjula Arun Ashar ceased to be Director on 16 Aug 2018. Ashar Lockeys has 5 board changes on record in total.
Yes, Ashar Lockeys is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-01-0099533).
Ashar Lockeys can be reached through the website autokeytech.in. Its registered office is in Ahmedabad, Gujarat, India.