Ashika Sarees Ltd - Company Profile

It is a fashion and textile public limited company based in Kolkata, West Bengal, India, established in 1994.
1994 Kolkata, West Bengal, India Active
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About Ashika Sarees Ltd

Ashika Sarees Ltd, a active public limited company, was established on 08 February 1994 in Kolkata, West Bengal, India. Engaging in fashion retail within the trade sector, it holds CIN: U51109WB1994PLC061750. Registered under ROC Roc Kolkata. it is unlisted. It has an authorized capital of ₹6.50 Cr and a paid-up capital of ₹4.30 Cr.

Formerly known as Ashika Sarees Private Limited. It upholds a compliant status. Employing 7 professional, Its leadership includes Suresh Kumar Radheshyam Agarwal (Director), Binod Kumar Radheshyam Agarwal (Director), Rounak Binod Kumar Agarwal (Director). Past directors included Radheshyam Agarwal, Rounak Binod Kumar Agarwal, Ashok Kumar Agarwal. It holds ₹6.26 Cr open charges and ₹42.79 Cr settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at 111A, Park Street, 2Nd Floor, Kolkata, West Bengal, 700016.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
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  • Social Media
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  • Apps
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Company Details

  • CIN/LLPIN

    U51109WB1994PLC061750

  • Registration Number

    061750

  • Incorporation Date

    08 February 1994

  • Authorized Capital

    ₹6.50 Cr

  • Paid-Up Capital

    ₹4.30 Cr

  • ROC Code

    Roc Kolkata

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 6.50 Cr
  • Paid Up Capital ₹ 4.30 Cr
  • Company Age 32 Year, 23 Days
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 6.26 Cr
  • Satisfied Charges ₹ 42.79 Cr
  • Revenue Growth **** -76.60%
  • Profit Growth **** -99.33%
  • Ebitda **** 103.62%
  • Net Worth 0.21%
  • Total Assets -6.58%
Company report

Ashika Sarees Ltd

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Ashika Sarees 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 Ashika Sarees Ltd?
Current Directors
Name Designation Appointment Date Status
Suresh Kumar Radheshyam Agarwal Director 08 Feb 1994 Current
Binod Kumar Radheshyam Agarwal Director 08 Feb 1994 Current
Rounak Binod Kumar Agarwal Director 25 Mar 2017 Current
Sunita Sureshkumar Agarwal Director 25 Aug 1997 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 25 Mar 2017 Past
Pramod Abcsdd Additional Director 29 Sep 2017 Past
Pramod Abcsdd Director 24 Dec 2016 Past

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Financial Performance of Ashika Sarees.

Ashika Sarees Ltd, for the financial year ended 2023, experienced significant reduction in revenue, with a 76.6% decrease. The company also saw a substantial fall in profitability, with a 99.33% decrease in profit. The company's net worth moved up by a moderate rise of 0.21%.

Ashika Sarees revenue growth over time
Ashika Sarees profit and loss trends over time
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
  • 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
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 -76.60%
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Revenue from Operations
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 -43.77%
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Total Assets
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 -6.58%
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Profit or Loss
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 -99.33%
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Net Worth
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 0.21%
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*******
*******
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EBITDA
*******
 103.62%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Ashika Sarees?

In 2023, Ashika Sarees had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)
shareholding
  • 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

₹62,630,000.00

Satisfied Charges

₹427,856,000.00

Charges Breakdown by Lending Institutions
  • Others : 6.26 Cr
Latest Charge Details
Date Lender Amount Status
30 Nov 2020 Others ₹9.98 M Open
19 Jan 2018 Others ₹5.27 Cr Open
25 May 2016 Standard Chartered Bank ₹2.25 Cr Satisfied
20 Sep 2013 Kotak Mahindra Bank Limited ₹6.80 M Satisfied
29 Jun 2013 Bajaj Finance Limited ₹3.01 Cr Satisfied

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How Many Employees Work at Ashika Sarees?

Ashika Sarees has a workforce of 7 employees as of Apr 09, 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
Deals i
Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Ashika Sarees, 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 Ashika Sarees's trajectory.

Rating
Graph displaying rating trends over time

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
Alert Indicator

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 Ashika Sarees
Recent Activity within the Organization
  • Annual General Meeting

    The activity Ashika Sarees Ltd last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was completed.

  • Balance Sheet

    The activity Ashika Sarees Ltd has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Kolkata. was completed.

  • Charges

    The activity A charge registered on 15 Dec 2011 via Charge ID 10329783 with Citibank N. A. was fully satisfied on 16 Jun 2021. was completed.

  • Charges

    Progress on A charge registered on 03 Oct 2011 via Charge ID 10319624 with Citibank N. A. was fully satisfied on 16 Jun 2021. was documented.

  • Charges

    The activity A charge with Others amounted to Rs. 1.00 Cr with Charge ID 100438673 was registered on 30 Nov 2020. was completed.

  • Charges

    Progress on A charge registered on 20 Sep 2013 via Charge ID 10451299 with Kotak Mahindra Bank Limited was fully satisfied on 07 Aug 2020. was documented.

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Frequently Asked Questions
What is the CIN of Ashika Sarees Ltd?

The CIN of Ashika Sarees Ltd is U51109WB1994PLC061750.

Where is Ashika Sarees Ltd headquartered?

Ashika Sarees Ltd is headquartered at 111A, Park Street, 2Nd Floor, Kolkata, West Bengal, 700016.

When was Ashika Sarees Ltd incorporated?

Ashika Sarees Ltd was incorporated on 08 February 1994.

Who are the current directors of Ashika Sarees Ltd?

The current directors of Ashika Sarees Ltd are

What is the primary industry of Ashika Sarees Ltd?

The primary industry of Ashika Sarees Ltd is Trade.

Is Ashika Sarees Ltd a listed company?

Ashika Sarees Ltd is unlisted.

What is the capital structure of Ashika Sarees Ltd?

The authorized capital of Ashika Sarees Ltd is ₹6.50 Cr, and the paid-up capital is ₹4.30 Cr.

What is the compliance status of Ashika Sarees Ltd?

The compliance status of Ashika Sarees Ltd is Compliant.

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