Ashok Magnetics Limited, a under liquidation public limited company, was established on 16 April 1993 in Gummidipoondi-601201., Tamil Nadu, India. Engaging in steel manufacturing & processing within the metals and minerals sector, it holds CIN: L30007TN1993PLC024842. Registered under ROC Roc Chennai. it is listed. It has an authorized capital of ₹30.00 Cr and a paid-up capital of ₹7.50 Cr.
It upholds a active non-compliant status. Employing 39 professional, Its leadership includes Ajay Kumar Agarwal (Managing Director), Anuj Kumar Behera (Additional Director), Bishan Singh (Director). Past directors included Ajay Kumar Agarwal, Stanislas Kolandi Raj, Ruli Ram Agarwal. It holds ₹211.00 Cr open charges and ₹26.00 Cr settled loans. Its latest AGM occurred on 30 September 2016, with the balance sheet filed on 31 March 2016. It is based at B-73 Sipcot Industrial Complexgummidipoondi-601201., Gummidipoondi-601201., Gummidipoondi-601201., Tamil Nadu, 601201.
L30007TN1993PLC024842
024842
16 April 1993
₹30.00 Cr
₹7.50 Cr
Roc Chennai
Listed
Under Liquidation
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| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Ajay Kumar Agarwal | Managing Director | 10 Jul 1995 | Current |
| Anuj Kumar Behera | Additional Director | 30 Dec 2016 | Current |
| Bishan Singh | Director | 17 Mar 2015 | Current |
| Name | Designation | Cessation | Status |
|---|---|---|---|
| Pramod Abcsdd | Director | 23 Oct 2015 | Past |
| Pramod Abcsdd | Director | 16 Aug 2014 | Past |
| Pramod Abcsdd | Director | 14 Oct 2007 | Past |
| Pramod Abcsdd | Director | 31 Jan 2008 | Past |
| Pramod Abcsdd | Director | 02 Apr 2015 | Past |
| Pramod Abcsdd | Director | 17 Mar 2015 | Past |
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Ashok Magnetics Limited, for the financial year ended 2016, experienced significant reduction in revenue, with a 83.06% decrease. The company also saw a substantial improvement in profitability, with a 68.93% increase in profit. The company's net worth observed a substantial decline by a decrease of 79.71%.
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In 2016, Ashok Magnetics had a promoter holding of 74.61% and a public holding of 25.39%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
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₹2,110,000,000.00
₹260,000,000.00
| Date | Lender | Amount | Status |
|---|---|---|---|
| 10 Mar 2017 | Others | ₹2.00 Cr | Open |
| 10 Mar 2017 | Others | ₹6.00 Cr | Open |
| 20 Feb 2017 | Others | ₹5.50 Cr | Open |
| 02 Feb 2017 | Others | ₹6.50 Cr | Open |
| 10 Sep 2015 | Bkl Steels Private Limited | ₹3.80 Cr | Open |
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Ashok Magnetics has a workforce of 39 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.
Gain comprehensive insights into the Deals and Valuation data of Ashok Magnetics, 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 Magnetics's trajectory.
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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.
Progress on A charge with Others amounted to Rs. 2.00 Cr with Charge ID 100116836 was registered on 10 Mar 2017. was documented.
A charge with Others amounted to Rs. 6.00 Cr with Charge ID 100116850 was registered on 10 Mar 2017. was recorded as a recent event.
A charge with Others amounted to Rs. 5.50 Cr with Charge ID 100120165 was registered on 20 Feb 2017. was recorded as a recent event.
Progress on A charge with Others amounted to Rs. 6.50 Cr with Charge ID 100118196 was registered on 02 Feb 2017. was documented.
The activity Anuj Kumar Behera was appointed as a Additional Director was appointed as a Additional Director on 30 Dec 2016 & has been associated with this company since 8 years 11 months . was completed.
Progress on Ashok Magnetics Limited last Annual general meeting of members was held on 30 Sep 2016 as per latest MCA records. was documented.
The CIN of Ashok Magnetics Limited is L30007TN1993PLC024842.
Ashok Magnetics Limited is headquartered at B-73 Sipcot Industrial Complexgummidipoondi-601201., Gummidipoondi-601201., Gummidipoondi-601201., Tamil Nadu, 601201.
Ashok Magnetics Limited was incorporated on 16 April 1993.
The current directors of Ashok Magnetics Limited are
The primary industry of Ashok Magnetics Limited is Metals And Minerals.
Ashok Magnetics Limited is listed.
The authorized capital of Ashok Magnetics Limited is ₹30.00 Cr, and the paid-up capital is ₹7.50 Cr.
The compliance status of Ashok Magnetics Limited is Active Non-Compliant.
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