Ashirvad Pipes Private Limited - Company Profile

It is a manufacturing private limited company based in Anekal, Karnataka, India, established in 1997.

1997 Anekal, Karnataka, India Active

Last Updated: December 22, 2025

About Ashirvad Pipes Private Limited

Ashirvad Pipes Private Limited, a active private limited company, was established on 18 February 1997 in Anekal, Karnataka, India. Engaging in pipe & tubes within the manufacturing sector, it holds CIN: U85110KA1997PTC021831. Registered under ROC Roc Bangalore. it is unlisted. It has an authorized capital of ₹5.00 Cr and a paid-up capital of ₹4.41 Cr.

It upholds a compliant status. Employing 2,629 professional, Its leadership includes Sudeep Agrawal (Cfo), Partha Sarathi Basu (Managing Director), Sticker Koen Jozef A (Director). Past directors included Deepak Mehrotra, Partha Sarathi Basu, Tom Lydie Johan Van Gyseghem. It holds no open charges and ₹1,169.94 Cr settled loans. Its latest AGM occurred on 26 September 2025, with the balance sheet filed on 31 March 2025. It is based at Plot No.27-P, 28-P, 29 & 30,, Bommasandra, Jigani Link Road, Anekal, Karnataka, 560105.

Company Details

CIN/LLPIN
U85110KA1997PTC021831
Registration Number
021831
Incorporation Date
18 February 1997
Authorized Capital
₹5.00 Cr
Paid-Up Capital
₹4.41 Cr
ROC Code
Roc Bangalore
Listing Status
Unlisted
Company Status
Active

Key Metrics

Authorised Capital ₹ 5.00 Cr as on 22-12-2025
Paid Up Capital ₹ 4.41 Cr as on 22-12-2025
Company Age 28 Year, 11 Months
Last Filing with ROC 31 Mar 2025
Satisfied Charges ₹ 1,169.94 Cr as on 22-12-2025
Revenue Growth **** 0.58% (FY 2023)
Profit Growth **** -82.82% (FY 2023)
Ebitda **** -59.45% (FY 2023)
Net Worth 3.60% (FY 2023)
Total Assets **** 18.92% (FY 2023)

Comprehensive Company Insights

Explore comprehensive insights into Ashirvad Pipes Private Limited — 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 Ashirvad Pipes Private Limited?

Current Directors

Name	Designation	Appointment Date	Status
Sudeep Agrawal	Cfo	10 Sep 2024	Current
Partha Sarathi Basu	Managing Director	10 Sep 2024	Current
Sticker Koen Jozef A	Director	09 Jul 2020	Current
Sophie Desormiere	Director	01 Dec 2023	Current
Ramadurai Ramesh	Director	26 Apr 2024	Current
Anil Tomar	Director	10 Sep 2024	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Nominee Director	05 Jul 2018	Past
Pramod Abcsdd	Additional Director	22 Sep 2024	Past
Pramod Abcsdd	Additional Director	30 Sep 2013	Past
Pramod Abcsdd	Nominee Director	31 Jul 2020	Past
Pramod Abcsdd	Additional Director	30 Nov 2023	Past
Pramod Abcsdd	Director	29 Nov 2016	Past

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Financial Performance of Ashirvad Pipes.

Ashirvad Pipes Private Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 0.58% increase. The company also saw a substantial fall in profitability, with a 82.82% decrease in profit. The company's net worth moved up by a moderate rise of 3.6%.

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

********

0.58%

*******

Revenue from Operations

*******

0.57%

*******

Total Assets

*******

18.92%

*******

Profit or Loss

*******

-82.82%

*******

Net Worth

*******

3.60%

*******

EBITDA

*******

-59.45%

*******

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What is the Ownership and Shareholding Structure of Ashirvad Pipes?

In 2023, Ashirvad Pipes 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)

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

₹0

Satisfied Charges

₹11,699,379,500.00

Charges Breakdown by Lending Institutions

Others : 600.00 Cr
Icici Bank Limited : 222.00 Cr
State Bank Of India : 177.74 Cr
Bnp Paribas : 120.00 Cr
Hsbc Bank (Mauritius) Limited : 46.01 Cr
Others : 4.19 Cr

Latest Charge Details

Date	Lender	Amount	Status
01 Oct 2018	Others	₹200.00 Cr	Satisfied
16 Aug 2018	Others	₹48.00 Cr	Satisfied
27 Apr 2015	Icici Bank Limited	₹100.00 Cr	Satisfied
10 Dec 2014	Bnp Paribas	₹50.00 Cr	Satisfied
26 Jun 2014	Icici Bank Limited	₹65.00 Cr	Satisfied

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How Many Employees Work at Ashirvad Pipes?

Ashirvad Pipes has a workforce of 2629 employees as of Apr 04, 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 Ashirvad Pipes, 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 Ashirvad Pipes'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 Ashirvad Pipes

Recent Activity within the Organization

Annual General Meeting

Ashirvad Pipes Private Limited last Annual general meeting of members was held on 26 Sep 2025 as per latest MCA records. was recorded as a recent event.
26 Sep 2025
Balance Sheet

The activity Ashirvad Pipes Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore. was completed.
31 Mar 2025
Director Appointment

The activity Sudeep Agrawal was appointed as a CFO was appointed as a CFO on 20 Sep 2024 & has been associated with this company since 1 year 4 months . was completed.
20 Sep 2024
Director Appointment

Progress on Sudeep Agrawal was appointed as a CFO was appointed as a CFO on 10 Sep 2024 & has been associated with this company since 1 year 5 months . was documented.
10 Sep 2024
Director Appointment

Progress on Partha Sarathi Basu was appointed as a Managing Director was appointed as a Managing Director on 10 Sep 2024 & has been associated with this company since 1 year 5 months . was documented.
10 Sep 2024
Director Appointment

Anil Tomar was appointed as a Director was appointed as a Director on 10 Sep 2024 & has been associated with this company since 1 year 5 months . was recorded as a recent event.
10 Sep 2024

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