Ashok Iron Works Private Limited - Company Profile

It is a engineering private limited company based in Belgaum, Karnataka, India, established in 1981.
1981 Belgaum, Karnataka, India Active
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About Ashok Iron Works Private Limited

Ashok Iron Works Private Limited, a active private limited company, was established on 12 November 1981 in Belgaum, Karnataka, India. Engaging in metal foundry & fabrication services within the manufacturing sector, it holds CIN: U27104KA1981PTC004487. Registered under ROC Roc Bangalore. it is unlisted. It has an authorized capital of ₹200.00 Cr and a paid-up capital of ₹4.19 Cr.

Formerly known as Ashok Iron Works Limited. It upholds a compliant status. Employing 885 professional, Its leadership includes Dayanand Devendra Kadam (Director), Ashok Basappa Kanguri (Director), Ashok Shivlingappa Humbarwadi (Managing Director). Past directors included Sadanand Dundappa Humbarwadi, Ashok Basappa Kanguri, Ashok Paranjape. It holds ₹187.60 Cr open charges and ₹184.24 Cr settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at Corporate Office S.No.5, Plot No.9/10/11, Majgoan Road, U, Dyambag, Belgaum, Karnataka, 590008.

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

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
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  • Apps
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Company Details

  • CIN/LLPIN

    U27104KA1981PTC004487

  • Registration Number

    004487

  • Incorporation Date

    12 November 1981

  • Authorized Capital

    ₹200.00 Cr

  • Paid-Up Capital

    ₹4.19 Cr

  • ROC Code

    Roc Bangalore

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 200.00 Cr
  • Paid Up Capital ₹ 4.19 Cr
  • Company Age 44 Year, 4 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 187.60 Cr
  • Satisfied Charges ₹ 184.24 Cr
  • Revenue Growth **** 42.15%
  • Profit Growth **** 47.12%
  • Ebitda **** 38.48%
  • Net Worth 23.74%
  • Total Assets **** 19.36%
Company report

Ashok Iron Works Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Ashok Iron Works 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 Ashok Iron Works Private Limited?
Current Directors
Name Designation Appointment Date Status
Dayanand Devendra Kadam Director 29 Sep 2018 Current
Ashok Basappa Kanguri Director 09 Sep 1993 Current
Ashok Shivlingappa Humbarwadi Managing Director 31 Dec 1982 Current
Ashok Paranjape Director 30 Mar 2019 Current
Vijay Siddojirao Katkar Director 09 Dec 1996 Current
Ramaiah Gedipudi Director 09 Dec 1996 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 16 Jun 2014 Past
Pramod Abcsdd Director 29 Sep 2025 Past
Pramod Abcsdd Additional Director 28 Sep 2019 Past
Pramod Abcsdd Director 30 Sep 2018 Past
Pramod Abcsdd Director 28 Nov 2019 Past
Pramod Abcsdd Director 01 Jan 2014 Past

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Financial Performance of Ashok Iron Works.

Ashok Iron Works Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 42.15% increase. The company also saw a substantial improvement in profitability, with a 47.12% increase in profit. The company's net worth Soared by an impressive increase of 23.74%.

Ashok Iron Works revenue growth over time
Ashok Iron Works 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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 42.15%
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*******
*******
Revenue from Operations
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 42.59%
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Total Assets
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 19.36%
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*******
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Profit or Loss
*******
 47.12%
*******
*******
*******
*******
Net Worth
*******
 23.74%
*******
*******
*******
*******
EBITDA
*******
 38.48%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Ashok Iron Works?

In 2023, Ashok Iron Works had a promoter holding of 80.60% and a public holding of 19.41%. The company had 4 Subsidiaries and 2 Associate Companies. 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

₹1,876,000,000.00

Satisfied Charges

₹1,842,360,000.00

Charges Breakdown by Lending Institutions
  • Hdfc Bank Limited : 125.00 Cr
  • Others : 60.00 Cr
  • Karnataka State Industrial Investment And Devlopment Corport : 2.60 Cr
Latest Charge Details
Date Lender Amount Status
30 Oct 2025 Others ₹60.00 Cr Open
19 Jul 2017 Hdfc Bank Limited ₹125.00 Cr Open
20 Mar 2002 Karnataka State Industrial Investment And Devlopment Corport ₹2.60 Cr Open
11 Feb 2014 Icici Bank Limited ₹35.00 Cr Satisfied
21 Sep 2011 Icici Bank Limited ₹18.00 Cr Satisfied

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How Many Employees Work at Ashok Iron Works?

Ashok Iron Works has a workforce of 885 employees as of Apr 05, 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 Iron Works, 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 Iron Works'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 Iron Works
Recent Activity within the Organization
  • Charges

    Progress on A charge with Others amounted to Rs. 60.00 Cr with Charge ID 101191372 was registered on 30 Oct 2025. was documented.

  • Annual General Meeting

    The activity Ashok Iron Works Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was completed.

  • Balance Sheet

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

  • Charges

    The activity A charge with Hdfc Bank Limited of Rs. 125.00 Cr registered on 19 Jul 2017 with Charge ID 100121705 was modified on 12 Apr 2023. was completed.

  • Charges

    A charge registered on 21 Sep 2011 via Charge ID 10313541 with Icici Bank Limited was fully satisfied on 02 Feb 2023. was recorded as a recent event.

  • Director Appointment

    Ashok Paranjape was appointed as a Director was appointed as a Director on 30 Mar 2019 & has been associated with this company since 6 years 11 months . was recorded as a recent event.

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Frequently Asked Questions
What is the CIN of Ashok Iron Works Private Limited?

The CIN of Ashok Iron Works Private Limited is U27104KA1981PTC004487.

Where is Ashok Iron Works Private Limited headquartered?

Ashok Iron Works Private Limited is headquartered at Corporate Office S.No.5, Plot No.9/10/11, Majgoan Road, U, Dyambag, Belgaum, Karnataka, 590008.

When was Ashok Iron Works Private Limited incorporated?

Ashok Iron Works Private Limited was incorporated on 12 November 1981.

Who are the current directors of Ashok Iron Works Private Limited?

The current directors of Ashok Iron Works Private Limited are

What is the primary industry of Ashok Iron Works Private Limited?

The primary industry of Ashok Iron Works Private Limited is Manufacturing.

Is Ashok Iron Works Private Limited a listed company?

Ashok Iron Works Private Limited is unlisted.

What is the capital structure of Ashok Iron Works Private Limited?

The authorized capital of Ashok Iron Works Private Limited is ₹200.00 Cr, and the paid-up capital is ₹4.19 Cr.

What is the compliance status of Ashok Iron Works Private Limited?

The compliance status of Ashok Iron Works Private Limited is Compliant.

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