Ashish Metal Limited
About Ashish Metal Limited
Data last updated:
Ashish Metal Limited is a public limited company based in Bangalore, Karnataka, India. It operates in the materials retail and distribution segment of the metals and mining sector. It was incorporated on 15 October 1981 and has been in existence for over 45 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U85110KA1981PLC004436. Its GSTIN is 29AABCA9000E1Z3 (Karnataka).
The company has an authorised share capital of ₹3.25 Cr and a paid-up capital of ₹1.94 Cr. It was formerly known as Ashish Metal Private Limited. It is led by directors including Ashish Deepak Mehta and Dodda Narasimhaiah Narasimha Lakshmi.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at A – 2 2nd Stage Peenya Industrial Estate Peenya, Bangalore, Karnataka, India – 560058.
As per the financials filed for FY 2024, the company reported a revenue of ₹33.08 Lakh, a growth of 23% compared to the previous year. For the same year it recorded a net profit of ₹13.62 Lakh (net margin 41.2%) and EBITDA of ₹19.21 Lakh (EBITDA margin 58.1%). Revenue has grown at a compounded annual rate (CAGR) of 14% over three years and 2% over five years.
Court records list 3 cases involving the company, including 2 filed by the company and 1 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
Ashish Metal has one previous CIN (Corporate Identification Number): U27109KA1981PLC004436. The current CIN is U85110KA1981PLC004436, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U85110KA1981PLC004436 | Current |
| U27109KA1981PLC004436 | Previous |
Contact details
Ashish Metal Limited's registered office is in Bangalore, Karnataka. Its e-mail address is in the company report.
- Email
- Registered AddressA – 2 2nd Stage Peenya Industrial Estate Peenya, Bangalore, Karnataka, India – 560058
- IndustryMetals and Minerals, Materials Retail & Distribution
To see the full contact details of Ashish Metal Limited, buy the company report.
- 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
Business activity
The main business activity of Ashish Metal is manufacturing. In detail, this covers food, beverages and tobacco products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C1 | Food, beverages and tobacco products |
To see the full business activity and turnover split of Ashish Metal Limited, buy the company report.
Financials of Ashish Metal Limited
FY 2025 filings availableAshish Metal Limited reported revenue of ₹33.08 Lakh (up 23% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 2% over five years, including 23% growth in the latest year. EBITDA rose 175% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹19.21 Lakh | ||||
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| Net Profit (PAT) | ₹13.62 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 58.1% | ||||
| Net Profit Margin | 41.2% | ||||
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To see the full financial statements and ratios of Ashish Metal Limited, buy the company report.
Board of directors of Ashish Metal Limited
Ashish Metal has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ashish Deepak Mehta | Director | 08 Oct 2009 | 17 Years 0 Months | Current |
| Dodda Narasimhaiah Narasimha Lakshmi | Director | 01 Apr 2019 | 7 Years 6 Months | Current |
| Raghunath Bhaskaran | Director | 01 Apr 1996 | 30 Years 6 Months | Current |
Auditor
Ashish Metal Limited is audited by SUBRAMANYA & CO for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SUBRAMANYA & CO | FY 2019 | 015298S |
Shareholding
The shareholding of Ashish Metal Limited is on record for 3 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Ashish Metal Limited, buy the company report.
Legal cases
Ashish Metal Limited has 3 court cases on record: 2 filed by Ashish Metal, 1 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 0 | 0 |
| District courts | 1 | 1 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Karnataka | Writ petition | Filed by the company against Employees State Insurance | Disposed |
| High Court of Karnataka | Writ petition | Filed by the company against an individual | Disposed |
| District court, BENGALURU, Karnataka | Civil suit | Filed against the company by an individual | Disposed |
To see the full case history of Ashish Metal 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 Ashish Metal Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Ashish Metal has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AABCA9000E1Z3 | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Ashish Metal Limited, buy the company report.
Recent activity
Ashish Metal Limited has 5 board changes on record since 1996: 3 appointments and 2 cessations. The latest: Aditya Mehta ceased to be Director on 01 Apr 2019.
Frequently asked questions
Ashish Metal is an active public limited company based in Bangalore, Karnataka, India. The company works in materials retail and distribution, within the metals and minerals industry. It was incorporated on 15 October 1981 (45+ years old) and is registered under CIN U85110KA1981PLC004436.
Ashish Metal has 3 current directors:
- Ashish Deepak Mehta - Director
- Dodda Narasimhaiah Narasimha Lakshmi - Director
- Raghunath Bhaskaran - Director
The latest financial statements of Ashish Metal on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Ashish Metal is 29AABCA9000E1Z3, registered in Karnataka.
The CIN (Corporate Identification Number) of Ashish Metal is U85110KA1981PLC004436. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ashish Metal has 3 court cases on record: 2 filed by the company and 1 filed against it. Most are in the high courts.
Ashish Metal was incorporated on 15 October 1981, making it 45+ years old. It is registered with the Registrar of Companies, Bangalore.
Aditya Mehta ceased to be Director on 01 Apr 2019. Dodda Narasimhaiah Narasimha Lakshmi was appointed as Director on 01 Apr 2019. Deepak Anantrai Mehta ceased to be Whole-Time Director on 20 Jan 2014. Ashish Metal has 5 board changes on record in total.
The registered office of Ashish Metal is at A – 2 2nd Stage Peenya Industrial Estate Peenya, Bangalore, Karnataka, India – 560058.
Ashish Metal operates in the metals and minerals industry, in the materials retail and distribution segment.