About Ashirwad Strips Private Limited
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Ashirwad Strips Private Limited is a private limited company based in Mandi Gobindgarh, Punjab, India. It operates in the steel manufacturing and processing segment of the metals and mining sector. It was incorporated on 04 October 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U27100PB2005PTC029030. Its GSTIN is 03AAFCA4857M1ZH (Punjab). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹41.09 Lakh. It is led by directors Saveer Jain and Parveer Jain.
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 H. No. 244 Sec. 20 – C Subash Nagar, Mandi Gobindgarh, Punjab, India – 147301.
As per the financials filed for FY 2025, the company reported a revenue of ₹50.47 Cr, a decline of 31% compared to the previous year. For the same year it recorded a net loss of ₹35.94 Lakh (net margin -0.7%) and EBITDA of ₹1.56 Cr (EBITDA margin 3.1%). Revenue has declined at a compounded annual rate (CAGR) of 7% over three years and 13% over five years.
The company has about 20 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹16.06 Cr and satisfied charges of ₹9.63 Cr on record. Court records list 17 cases involving the company, including 8 filed by the company and 6 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ashirwadstripsaspl.unaux.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressH. No. 244 Sec. 20 – C Subash Nagar, Mandi Gobindgarh, Punjab, India – 147301
- IndustryMetals and Minerals, Steel Manufacturing & Processing, Metal Manufacturing & Processing
- 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
- One PDF report, delivered after checkout
Business Activity of Ashirwad Strips Private Limited
The main business activity of Ashirwad Strips is manufacturing. In detail, this covers metal and metal products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Ashirwad Strips Private Limited FY 2024 filings available
Ashirwad Strips Private Limited reported revenue of ₹50.47 Cr (down 31% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Ashirwad Strips Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 13% over five years, including a 31% fall in the latest year. EBITDA fell 38% 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 of Ashirwad Strips Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹1.56 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹35.94 Lakh | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Ashirwad Strips Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 3.1% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -0.7% | •••• | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• | •••• | •••• |
| Liquidity and Debt | |||||
| Current Ratio | •••• | •••• | •••• | •••• | •••• |
| Quick Ratio | •••• | •••• | •••• | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
| Payable Days | •••• | •••• | •••• | •••• | •••• |
| Inventory Days | •••• | •••• | •••• | •••• | •••• |
| Revenue Growth | •••• | •••• | •••• | •••• | •••• |
| Net Profit Growth | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Ashirwad Strips are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Board of Directors of Ashirwad Strips Private Limited
Ashirwad Strips has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Saveer Jain | Director | 04 Oct 2005 | 21 Years 0 Months | Current |
| Parveer Jain | Director | 04 Oct 2005 | 21 Years 0 Months | Current |
Peer Comparison of Ashirwad Strips Private Limited
Ashirwad Strips Private Limited is compared with the companies closest to it by revenue in the Metals and Minerals industry (Metals, Steel). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Jalan Con Cast Limited | ₹50.73 Cr (FY 2024) | •••• | •••• | 12.0% | •••• | Gorakhur, Uttar Pradesh, India |
| Dadu Precision Fasteners Private Limited | ₹50.69 Cr (FY 2024) | •••• | •••• | 23.0% | •••• | Alwar, Rajasthan, India |
| Pasari Casting and Rolling Mills Private Limited | ₹50.68 Cr (FY 2025) | •••• | •••• | -34.0% | •••• | Seraikella Kharsawan, Jharkhand, India |
| Balbir Alloys Private Limited | ₹50.6 Cr (FY 2025) | •••• | •••• | -47.0% | •••• | Mumbai, Maharashtra, India |
| Cupro Recycling Private Limited | ₹50.52 Cr (FY 2025) | •••• | •••• | -1.0% | •••• | Mumbai, Maharashtra, India |
| Ashirwad Strips Private Limited this company | ₹50.47 Cr (FY 2025) | •••• | •••• | -31.0% | •••• | Mandi Gobindgarh, Punjab, India |
| Cisco Steels Private Limited | ₹50.46 Cr (FY 2022) | •••• | •••• | 340.0% | •••• | Erode, Tamil Nadu, India |
| Salco Extrusions Private Limited | ₹50.37 Cr (FY 2024) | •••• | •••• | 10.0% | •••• | Mumbai, Maharashtra, India |
| Gee Gee Steels and Alloys Private Limited | ₹50.31 Cr (FY 2024) | •••• | •••• | 0.0% | •••• | Chennai, Tamil Nadu, India |
| D R Steel Construction Company Pvt. Ltd. | ₹50.19 Cr (FY 2025) | •••• | •••• | 20.0% | •••• | Kolkata, West Bengal, India |
| GSVM Steel India Private Limited | ₹50.16 Cr (FY 2024) | •••• | •••• | 196.0% | •••• | Delhi, India |
Peers are the five companies nearest above and the five nearest below Ashirwad Strips by revenue in the Metals and Minerals industry (Metals, Steel), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Ashirwad Strips Private Limited
Ashirwad Strips Private Limited is audited by SAFAL & ASSOCIATES for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| SAFAL & ASSOCIATES | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Ashirwad Strips Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Ashirwad Strips Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 18 Jun 2013 | Uco Bank | ₹7 Cr | Open |
| 04 Jun 2013 | Icici Bank Limited | ₹9 Cr | Open |
| 03 Jul 2009 | Hdfc Bank Limited | ₹6 Lakh | Open |
| 07 Feb 2009 | Punjab National Bank | ₹5.33 Cr | Satisfied |
| 08 Aug 2007 | State Bank of Patiala | ₹2.55 Cr | Satisfied |
Total charge records: 7 View all charges
Legal Cases of Ashirwad Strips Private Limited
Ashirwad Strips Private Limited has 17 court cases on record: 8 filed by Ashirwad Strips, 6 filed against it, 3 where it is another party. All cases are disposed. Status as checked between 29 Sep 2026 and 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 9 | 5 | 0 |
| High courts | 8 | 1 | 0 |
Cases on record (5 of 17)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Chandigarh | Execution petition | Filed against the company by Kotak Mahindra Prime Limited | Disposed |
| High Court of Punjab and Haryana | Court case (CRR) | Filed by the company against Kotak Mahindra Prime Limited | Disposed |
| High Court of Punjab and Haryana | Criminal miscellaneous application | Filed by the company against Kotak Mahindra Prime Limited | Disposed |
| High Court of Punjab and Haryana | Company petition | Filed against the company by Kotak Mahindra Prime Limited | Disposed |
| District court, Chandigarh | Cheque dishonour complaint | Filed against the company by Kotak Mahindra Prime Limited | Disposed |
Full case history
All 17 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Employees and EPFO Compliance at Ashirwad Strips Private Limited
Ashirwad Strips Private Limited has a workforce of 20 employees as of Apr 07, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Ashirwad Strips Private Limited
Ashirwad Strips Private Limited has 4 board changes on record since 2005: 2 appointments and 2 cessations. The latest: Ashok Kumar ceased to be Additional Director on 29 Sep 2010.
8 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Ashirwad Strips Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Ashirwad Strips Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Ashirwad Strips Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Ashirwad Strips Private Limited
Ashirwad Strips has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 03AAFCA4857M1ZH | Punjab | Active | 01 Jul 2017 |
| 03AAFCA4857M1DQ | Punjab | Active | 20 Dec 2024 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Ashirwad Strips Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Ashirwad Strips Private Limited
Ashirwad Strips is an active private limited company based in Mandi Gobindgarh, Punjab, India. The company works in steel manufacturing and processing, within the metals and minerals industry. It was incorporated on 04 October 2005 (21+ years old) and is registered under CIN U27100PB2005PTC029030.
Ashirwad Strips reported revenue of ₹50.47 Cr for FY 2025 (down 31% YoY).
Ashirwad Strips has 2 current directors:
- Saveer Jain - Director
- Parveer Jain - Director
Ashirwad Strips reported a net loss of ₹35.94 Lakh (net margin -0.7%) and EBITDA of ₹1.56 Cr (EBITDA margin 3.1%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Ashirwad Strips is -7% over three years and -13% over five years. In the latest year (FY 2025) revenue fell 31%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Ashirwad Strips is 03AAFCA4857M1ZH, registered in Punjab. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 03AAFCA4857M1DQ (Punjab).
The CIN (Corporate Identification Number) of Ashirwad Strips is U27100PB2005PTC029030. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ashirwad Strips has 17 court cases on record: 8 filed by the company and 6 filed against it. Most are in the district courts.
Ashirwad Strips was incorporated on 04 October 2005, making it 21+ years old. It is registered with the Registrar of Companies, Chandigarh.
The peers of Ashirwad Strips by revenue are Jalan Con Cast Limited, Dadu Precision Fasteners Private Limited, Pasari Casting and Rolling Mills Private Limited, Balbir Alloys Private Limited, Cupro Recycling Private Limited and 5 more, all in the Metals and Minerals industry (Metals, Steel).
Ashok Kumar ceased to be Additional Director on 29 Sep 2010. Usha Jain ceased to be Director on 05 Jan 2010. Parveer Jain was appointed as Director on 04 Oct 2005. Ashirwad Strips has 4 board changes on record in total.