Ashok Granites Limited - Company Profile

It is a manufacturing public limited company based in Salem, Tamil Nadu, India, established in 1991.
1991 Salem, Tamil Nadu, India Active
Last Updated:
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About Ashok Granites Limited

Ashok Granites Limited, a active public limited company, was established on 13 November 1991 in Salem, Tamil Nadu, India. Engaging in sanitaryware & tile within the mining and quarrying sector, it holds CIN: U14102TZ1991PLC007127. Registered under ROC Roc Coimbatore. it is unlisted. It has an authorized capital of ₹1.50 Cr and a paid-up capital of ₹1.13 Cr.

Formerly known as Ashok Granites Private Limited. It upholds a compliant status. Employing 73 professional, Its leadership includes Muthusamy Baby Saroja (Director), Duraisamy Krishnan (Whole-Time Director), Aapichigounder Mani (Director). It holds ₹28.97 Cr open charges and ₹24.87 Cr settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at 4/35, Bharathi Street Swarnapuri, Salem, Tamil Nadu, 636004.

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

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
    **********
  • Apps
    **********

Company Details

  • CIN/LLPIN

    U14102TZ1991PLC007127

  • Registration Number

    007127

  • Incorporation Date

    13 November 1991

  • Authorized Capital

    ₹1.50 Cr

  • Paid-Up Capital

    ₹1.13 Cr

  • ROC Code

    Roc Coimbatore

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 1.50 Cr
  • Paid Up Capital ₹ 1.13 Cr
  • Company Age 34 Year, 3 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 28.97 Cr
  • Satisfied Charges ₹ 24.87 Cr
  • Revenue Growth **** -2.40%
  • Profit Growth **** 54.02%
  • Ebitda **** 2.66%
  • Net Worth 2.08%
  • Total Assets -5.78%
Company report

Ashok Granites Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Ashok Granites 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 Ashok Granites Limited?
Current Directors
Name Designation Appointment Date Status
Muthusamy Baby Saroja Director 13 Nov 1991 Current
Duraisamy Krishnan Whole-Time Director 01 Feb 1998 Current
Aapichigounder Mani Director 05 May 1995 Current

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Financial Performance of Ashok Granites.

Ashok Granites Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 2.4% decrease. The company also saw a substantial improvement in profitability, with a 54.02% increase in profit. The company's net worth moved up by a moderate rise of 2.08%.

Ashok Granites revenue growth over time
Ashok Granites 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
********
 -2.40%
*******
*******
*******
*******
Revenue from Operations
*******
 -2.57%
*******
*******
*******
*******
Total Assets
*******
 -5.78%
*******
*******
*******
*******
Profit or Loss
*******
 54.02%
*******
*******
*******
*******
Net Worth
*******
 2.08%
*******
*******
*******
*******
EBITDA
*******
 2.66%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Ashok Granites?

In 2023, Ashok Granites had a promoter holding of 10.16% and a public holding of 89.84%. 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

₹289,709,800.00

Satisfied Charges

₹248,726,039.00

Charges Breakdown by Lending Institutions
  • Karnataka Bank Ltd. : 24.00 Cr
  • Hdfc Bank Limited : 3.21 Cr
  • The Karnataka Bank Limited : 0.75 Cr
  • Bajaj Finance Limited : 0.47 Cr
  • The Lakshmi Vilas Bank Limited : 0.44 Cr
  • Others : 0.10 Cr
Latest Charge Details
Date Lender Amount Status
06 Apr 2022 Karnataka Bank Ltd. ₹1.50 Cr Open
05 Jan 2017 Hdfc Bank Limited ₹1.59 Cr Open
30 Apr 2015 Hdfc Bank Limited ₹7.63 M Open
31 Dec 2014 Hdfc Bank Limited ₹8.56 M Open
24 Dec 2013 The Karnataka Bank Limited ₹7.50 M Open

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How Many Employees Work at Ashok Granites?

Ashok Granites has a workforce of 73 employees as of Apr 07, 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 Ashok Granites, 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 Ashok Granites'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 Ashok Granites
Recent Activity within the Organization
  • Charges

    A charge registered on 12 Nov 2020 via Charge ID 100400140 with Others was fully satisfied on 10 Dec 2024. was recorded as a recent event.

  • Annual General Meeting

    Ashok Granites Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was recorded as a recent event.

  • Balance Sheet

    Ashok Granites Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Coimbatore. was recorded as a recent event.

  • Charges

    The activity A charge with Karnataka Bank Ltd. amounted to Rs. 1.50 Cr with Charge ID 100564401 was registered on 06 Apr 2022. was completed.

  • Charges

    A charge registered on 28 Sep 2010 via Charge ID 10244864 with The Karnataka Bank Limited was fully satisfied on 16 Feb 2022. was recorded as a recent event.

  • Charges

    Progress on A charge registered on 28 Sep 2010 via Charge ID 10244861 with The Karnataka Bank Limited was fully satisfied on 16 Feb 2022. was documented.

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Frequently Asked Questions
What is the CIN of Ashok Granites Limited?

The CIN of Ashok Granites Limited is U14102TZ1991PLC007127.

Where is Ashok Granites Limited headquartered?

Ashok Granites Limited is headquartered at 4/35, Bharathi Street Swarnapuri, Salem, Tamil Nadu, 636004.

When was Ashok Granites Limited incorporated?

Ashok Granites Limited was incorporated on 13 November 1991.

Who are the current directors of Ashok Granites Limited?

The current directors of Ashok Granites Limited are

What is the primary industry of Ashok Granites Limited?

The primary industry of Ashok Granites Limited is Mining And Quarrying.

Is Ashok Granites Limited a listed company?

Ashok Granites Limited is unlisted.

What is the capital structure of Ashok Granites Limited?

The authorized capital of Ashok Granites Limited is ₹1.50 Cr, and the paid-up capital is ₹1.13 Cr.

What is the compliance status of Ashok Granites Limited?

The compliance status of Ashok Granites Limited is Compliant.

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