MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2023-24)
- Udyam number
- UDYAM-JH-19-0002898
Ashok Steels Limited
Ashok Steels Limited - metals and minerals in Hazaribagh, Jharkhand, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹60.89 Lakh
▲ 47% YoY
Net loss · FY 2025
₹8.1 Lakh
Net margin -13.3%
EBITDA · FY 2025
₹25.57 Lakh
EBITDA margin 42%
Authorised capital
₹1 Cr
Registered with MCA
Paid-up capital
₹36 Lakh
Issued & subscribed
Open charges
₹3.37 Cr
Secured borrowings
Company age
50 yrs
Est. 1976
Directors on board
4
As per MCA filings
About Ashok Steels Limited
Data last updated:
Ashok Steels Limited is a public limited company based in Hazaribagh, Jharkhand, India. It operates in the construction materials distribution segment of the metals and mining sector. It was incorporated on 15 July 1976 and has been in existence for over 50 years.
The company is registered with the Registrar of Companies (ROC), Ranchi, under CIN U27310JH1976PLC001253. Its GSTIN is 20AACCA2930L1Z4 (Jharkhand).
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹36 Lakh. It is led by directors including Suveena Jain and Rajeev Kumar Jain.
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 Ranchi Road. P.O.Marar Distt.Hazaribagh, Jharkhand, India – 829117.
As per the financials filed for FY 2025, the company reported a revenue of ₹60.89 Lakh, a growth of 47% compared to the previous year. For the same year it recorded a net loss of ₹8.1 Lakh (net margin -13.3%) and EBITDA of ₹25.57 Lakh (EBITDA margin 42%). Revenue has grown at a compounded annual rate (CAGR) of 25% over three years and 25% over five years.
As per MCA filings, the company has open charges of ₹3.37 Cr on record.
Ashok Steels Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-JH-19-0002898). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U27310JH1976PLC001253
Registration Number 001253
Incorporation Date 15 July 1976
ROC Ranchi
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-JH-19-0002898
CIN history
Ashok Steels has one previous CIN (Corporate Identification Number): U00330JH1976PLC001253. The current CIN is U27310JH1976PLC001253, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U27310JH1976PLC001253 | Current |
| U00330JH1976PLC001253 | Previous |
Recognitions & Rankings of Ashok Steels
Contact details
Ashok Steels Limited's registered office is in Hazaribagh, Jharkhand. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressRanchi Road. P.O.Marar Distt.Hazaribagh, Jharkhand, India – 829117
- IndustryMetals and Minerals, Construction Materials Retail & Distribution
To see the full contact details of Ashok Steels Limited, buy the company report.
Comprehensive company report
Ashok Steels Limited - one report that includes everything
- 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
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Business activity
The main business activity of Ashok Steels is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Ashok Steels Limited, buy the company report.
Financials of Ashok Steels Limited
FY 2025 filings availableAshok Steels Limited reported revenue of ₹60.89 Lakh (up 47% YoY) for FY 2025.
Revenue · FY 2025
₹60.89 Lakh ▲ 47%
Net loss · FY 2025
₹8.1 Lakh margin -13.3%
EBITDA · FY 2025
₹25.57 Lakh margin 42%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 47%
3 years · compounded
▲ 25%
5 years · compounded
▲ 25%
EBITDA CAGR growth
1 year
▲ 33%
3 years · compounded
▲ 22%
5 years · compounded
▲ 20%
Revenue has grown at a compounded annual rate (CAGR) of 25% over five years, including 47% growth in the latest year. EBITDA rose 33% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
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| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹25.57 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹8.1 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 | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 42% | ||||
| Net Profit Margin | -13.3% | ||||
| 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 | |||||
To see the full financial statements and ratios of Ashok Steels Limited, buy the company report.
Board of directors of Ashok Steels Limited
Ashok Steels has 4 current directors and 11 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Suveena Jain | Director | 01 Nov 2017 | 9 Years 0 Months | Current |
| Rajeev Kumar Jain | Director | 16 Jan 2015 | 11 Years 9 Months | Current |
| Ishwar Jain | Director | 01 Nov 2017 | 9 Years 0 Months | Current |
| Ambika Jain | Director | 01 Nov 2017 | 9 Years 0 Months | Current |
Peer comparison
Ashok Steels Limited is compared with the 3 companies closest to it by revenue in the Metals and Minerals industry (Construction Materials Retail and Distribution), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Shruti Nirman and Ispat Private Limited | ₹61.3 Lakh (FY 2025) | -21.0% | Indore, Madhya Pradesh, India | |||
| Ashok Steels Limitedthis company | ₹60.89 Lakh (FY 2025) | -₹8.1 Lakh | -13.3% | 47.0% | Hazaribagh, Jharkhand, India | |
| Miramar Properties Pvt Ltd | ₹60.73 Lakh (FY 2024) | -76.0% | Kolkata, West Bengal, India | |||
| Sri Aruna Global Exim Private Limited | ₹60.51 Lakh (FY 2022) | 53.0% | Vanagaram, Tamil Nadu, India |
To see the full peer comparison of Ashok Steels Limited, buy the company report.
Auditor
Ashok Steels Limited is audited by U. NARAIN & Co. for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| U. NARAIN & Co. | FY 2022 | 000935C |
Shareholding
The shareholding of Ashok Steels Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Ashok Steels Limited, buy the company report.
Charges & borrowings
Open charges
₹3.37 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 18 Aug 2023 | 100765563 | Others | ₹6 Lakh | Open | |
| 17 May 2023 | 100729717 | Hdfc Bank Limited | ₹3.31 Cr | Open |
To see the full charge records of Ashok Steels Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
No court or tribunal cases involving Ashok Steels Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Ashok Steels Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Ashok Steels has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 20AACCA2930L1Z4 | Jharkhand | Active | 05 Jul 2019 |
To see the full GST registrations and return filing status of Ashok Steels Limited, buy the company report.
Recent activity
Ashok Steels Limited has 15 board changes on record since 2015: 4 appointments and 11 cessations. The latest: Ambika Jain ceased to be Additional Director on 29 Sep 2018.
AGM
Ashok Steels Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge with Hdfc Bank Limited of Rs. 3.31 Cr registered on 17 May 2023 with Charge ID 100729717 was modified on 17 Sep 2025.
Filing
Ashok Steels Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ranchi.
Charges
A charge with Others amounted to Rs. 0.06 Cr with Charge ID 100765563 was registered on 18 Aug 2023.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 3.31 Cr with Charge ID 100729717 was registered on 17 May 2023.
Ceased
Ambika Jain ceased to be Additional Director.
Ceased
Ishwar Jain ceased to be Additional Director.
Ceased
Suveena Jain ceased to be Additional Director.
Appointed
Ambika Jain was appointed as Director.
Ceased
Amit Jain ceased to be Director.
Ceased
Anish Jain ceased to be Director.
Ceased
Ashok Jain ceased to be Director.
9 earlier events are in the company report.
Frequently asked questions
Ashok Steels is an active public limited company based in Hazaribagh, Jharkhand, India. The company works in construction materials retail and distribution, within the metals and minerals industry. It was incorporated on 15 July 1976 (50+ years old) and is registered under CIN U27310JH1976PLC001253.
Ashok Steels has 4 current directors:
- Suveena Jain - Director
- Rajeev Kumar Jain - Director
- Ishwar Jain - Director
- Ambika Jain - Director
The latest financial statements of Ashok Steels 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 Ashok Steels is 20AACCA2930L1Z4, registered in Jharkhand.
The CIN (Corporate Identification Number) of Ashok Steels is U27310JH1976PLC001253. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ashok Steels was incorporated on 15 July 1976, making it 50+ years old. It is registered with the Registrar of Companies, Ranchi.
The peers of Ashok Steels by revenue are Shruti Nirman and Ispat Private Limited, Miramar Properties Pvt Ltd, Sri Aruna Global Exim Private Limited, all in the Metals and Minerals industry (Construction Materials Retail and Distribution), with the same principal business activity (wholesale trading).
Ambika Jain ceased to be Additional Director on 29 Sep 2018. Ishwar Jain ceased to be Additional Director on 29 Sep 2018. Suveena Jain ceased to be Additional Director on 29 Sep 2018. Ashok Steels has 15 board changes on record in total.
Yes, Ashok Steels is registered as a micro enterprise under Udyam registration (number: UDYAM-JH-19-0002898).
The registered office of Ashok Steels is at Ranchi Road. P.O.Marar Distt.Hazaribagh, Jharkhand, India – 829117.
Ashok Steels operates in the metals and minerals industry, in the construction materials retail and distribution segment.
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