Ashoka Aluminium Private Limited
About Ashoka Aluminium Private Limited
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Ashoka Aluminium Private Limited is a private limited company based in Raipur, Chhattisgarh, India. It operates in the metal manufacturing and processing segment of the metals and mining sector. It was incorporated on 26 May 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Chhattisgarh, under CIN U27203CT2010PTC021872. Its GSTIN is 22AAICA5473C1Z1 (Chhattisgarh).
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹50 Lakh. It is led by directors Navin Kumar Agrawal and Shubham Singhal.
Its last annual general meeting (AGM) was held on 30 September 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office is at J K Steel Compound Bhaishthan, Raipur, Chhattisgarh, India – 492001.
As per the financials filed for FY 2017, the company reported a revenue of ₹1.57 Cr, a decline of 36% compared to the previous year. For the same year it recorded a net loss of ₹51.95 Lakh (net margin -33.1%) and EBITDA of ₹10.1 Lakh (EBITDA margin 6.4%). Revenue has declined at a compounded annual rate (CAGR) of 59% over three years.
As per MCA filings, the company has open charges of ₹9.7 Cr and satisfied charges of ₹7 Cr on record. Court records list 5 cases involving the company, including 4 filed by the company and 1 filed against it; 1 case is pending.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
Contact details
Ashoka Aluminium Private Limited's registered office is in Raipur, Chhattisgarh. Its e-mail address is in the company report.
- Email
- Registered AddressJ K Steel Compound Bhaishthan, Raipur, Chhattisgarh, India – 492001
- IndustryMetals and Minerals, Metal Manufacturing & Processing
To see the full contact details of Ashoka Aluminium Private 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 activities of Ashoka Aluminium are manufacturing and financial and insurance service. In detail, this covers metal and metal products and other financial activities. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products | |
| K | Financial and insurance Service | K8 | Other financial activities |
To see the full business activity and turnover split of Ashoka Aluminium Private Limited, buy the company report.
Financials of Ashoka Aluminium Private Limited
FY 2017 filings availableAshoka Aluminium Private Limited reported revenue of ₹1.57 Cr (down 36% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 59% over three years, including a 36% fall in the latest year. EBITDA fell 90% 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 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | |||
| Other Income | |||
| Total Revenue | ₹1.57 Cr | ||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | ₹10.1 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹51.95 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 | |||
| Total Assets | |||
Financial Ratios
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 6.4% | ||
| Net Profit Margin | -33.1% | ||
| 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 Ashoka Aluminium Private Limited, buy the company report.
Board of directors of Ashoka Aluminium Private Limited
Ashoka Aluminium has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Navin Kumar Agrawal | Director | 26 May 2010 | 16 Years 5 Months | Current |
| Shubham Singhal | Director | 26 May 2010 | 16 Years 5 Months | Current |
Peer comparison
Ashoka Aluminium Private Limited is compared with the 4 companies closest to it by revenue in the Metals and Minerals industry (Aluminium, Metals), with the same principal business activity (metal and metal products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Pushpathur Industries Private Limited | ₹1.61 Cr (FY 2024) | -65.0% | Pushpathur, Tamil Nadu, India | |||
| Puja Ferro Alloys Private Limited | ₹1.58 Cr (FY 2024) | 999.0% | Margao, Goa, India | |||
| Ashoka Aluminium Private Limitedthis company | ₹1.57 Cr (FY 2017) | -₹51.95 Lakh | -33.1% | -36.0% | Raipur, Chhattisgarh, India | |
| Tas Refractories and Metals Private Limited | ₹1.57 Cr (FY 2024) | 61.0% | Chadasana, Gujarat, India | |||
| Patel Copper Private Limited | ₹1.56 Cr (FY 2017) | -74.0% | Rajkot, Gujarat, India |
To see the full peer comparison of Ashoka Aluminium Private Limited, buy the company report.
Auditor
Ashoka Aluminium Private Limited is audited by JOGLEKAR MAITRA & CO for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| JOGLEKAR MAITRA & CO | FY 2017 | 007747C |
Shareholding
The shareholding of Ashoka Aluminium Private Limited is on record for 3 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Ashoka Aluminium Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 26 Dec 2013 | 10474106 | Dena Bank | ₹9.7 Cr | Open | |
| 10 Mar 2012 | 10345731 | Axis Bank Limited | ₹7 Cr | Satisfied |
To see the full charge records of Ashoka Aluminium Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
Ashoka Aluminium Private Limited has 5 court cases on record: 4 filed by Ashoka Aluminium, 1 filed against it. 1 case is pending and 4 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 3 | 0 | 0 |
| District courts | 2 | 1 | 1 |
Cases on record (5 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Bilaspur, Chhattisgarh | Court case (COMPT. CASES) | Filed against the company by Registrar of Companies | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Commercial matter | Filed by the company against Metcorp Overseas and 3 others | Disposed |
| Bombay High Court | Court case (SJ) | Filed by the company against Metcorp Overseas and 3 Ors. | Disposed |
| Bombay High Court | Court case (COMSS) | Filed by the company against Metcorp Overseas and 3 Ors. | Disposed |
| High Court of Madhya Pradesh | Writ petition | Filed by the company against Dena Bank | Disposed |
To see the full case history of Ashoka Aluminium Private 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 Ashoka Aluminium Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Ashoka Aluminium has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 22AAICA5473C1Z1 | Chhattisgarh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Ashoka Aluminium Private Limited, buy the company report.
Recent activity
Ashoka Aluminium Private Limited has 6 board changes on record since 2010: 4 appointments and 2 cessations. The latest: Shyam Sundar Agrawal ceased to be Director on 03 May 2023.
2 earlier events are in the company report.
Frequently asked questions
Ashoka Aluminium is an active private limited company based in Raipur, Chhattisgarh, India. The company works in metal manufacturing and processing, within the metals and minerals industry. It was incorporated on 26 May 2010 (16+ years old) and is registered under CIN U27203CT2010PTC021872.
Ashoka Aluminium has 2 current directors:
- Navin Kumar Agrawal - Director
- Shubham Singhal - Director
The latest financial statements of Ashoka Aluminium on record with the MCA are for the year ended 31 March 2017. Its last annual general meeting was held on 30 September 2017. Year-wise statements from 2015 are in the company report.
The GSTIN of Ashoka Aluminium is 22AAICA5473C1Z1, registered in Chhattisgarh.
The CIN (Corporate Identification Number) of Ashoka Aluminium is U27203CT2010PTC021872. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ashoka Aluminium has 5 court cases on record: 4 filed by the company and 1 filed against it. 1 is pending. Most are in the high courts.
Ashoka Aluminium was incorporated on 26 May 2010, making it 16+ years old. It is registered with the Registrar of Companies, Chhattisgarh.
The peers of Ashoka Aluminium by revenue are Pushpathur Industries Private Limited, Puja Ferro Alloys Private Limited, Tas Refractories and Metals Private Limited, Patel Copper Private Limited, all in the Metals and Minerals industry (Aluminium, Metals), with the same principal business activity (metal and metal products).
Shyam Sundar Agrawal ceased to be Director on 03 May 2023. Shyam Sundar Agrawal was appointed as Director on 01 Jul 2015. Rajesh Kumar Agrawal ceased to be Director on 08 Feb 2013. Ashoka Aluminium has 6 board changes on record in total.
The registered office of Ashoka Aluminium is at J K Steel Compound Bhaishthan, Raipur, Chhattisgarh, India – 492001.
Ashoka Aluminium operates in the metals and minerals industry, in the metal manufacturing and processing segment.
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