- Category
- Small (2024-25)
- Udyam number
- UDYAM-WB-10-0010639

Ashoka Creations Limited
About Ashoka Creations Limited
Data last updated:
Ashoka Creations Limited is a public limited company based in Kolkata, West Bengal, India. It operates in the metals retail and distribution segment of the metals and mining sector. It was incorporated on 13 October 1988 and has been in existence for over 38 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U51909WB1988PLC045388. Its GSTIN is 19AACCA4333K2ZN (West Bengal). The company holds 6 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹4.1 Cr and a paid-up capital of ₹68.57 Lakh. It was formerly known as Ashoka Creations Ltd and Ashoka Creations Pvt Ltd. It is led by directors including Abha Ladha and Shatayu Jitendra Desai.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 204 Estern Building19 R N Mukherjee Road, Kolkata, West Bengal, India – 700001.
As per the financials filed for FY 2025, the company reported a revenue of ₹7.46 Cr, a decline of 69% compared to the previous year. For the same year it recorded a net loss of ₹12.53 Lakh (net margin -1.7%) and EBITDA of ₹48.95 Lakh (EBITDA margin 6.6%). Revenue has declined at a compounded annual rate (CAGR) of 36% over three years and 37% over five years.
As per MCA filings, the company has satisfied charges of ₹7.09 Cr on record. Court records list 17 cases involving the company, including 14 filed by the company and 3 filed against it; 3 cases are pending.
Ashoka Creations Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-WB-10-0010639). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Name history
Ashoka Creations has undergone 2 name changes throughout its history. The company was previously known as Ashoka Creations Ltd, and Ashoka Creations Pvt Ltd. The current legal name is Ashoka Creations Limited.
| Company Name | Status |
|---|---|
| Ashoka Creations Limited | Current |
| Ashoka Creations Ltd | Previous |
| Ashoka Creations Pvt Ltd | Previous |
CIN history
Ashoka Creations has one previous CIN (Corporate Identification Number): U51909WB1988PTC045388. The current CIN is U51909WB1988PLC045388, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U51909WB1988PLC045388 | Current |
| U51909WB1988PTC045388 | Previous |
Recognitions & Rankings of Ashoka Creations
Contact details
Ashoka Creations Limited's registered office is in Kolkata, West Bengal. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address204 Estern Building19 R N Mukherjee Road, Kolkata, West Bengal, India – 700001
- IndustryMetals and Minerals, Metal Retail & Distribution
To see the full contact details of Ashoka Creations 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 activity of Ashoka Creations is manufacturing. In detail, this covers manufacture of fabricated metal products, except machinery and equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | 25 | Manufacture of fabricated metal products, except machinery and equipment |
To see the full business activity and turnover split of Ashoka Creations Limited, buy the company report.
Financials of Ashoka Creations Limited
FY 2024 filings availableAshoka Creations Limited reported revenue of ₹7.46 Cr (down 69% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 37% over five years, including a 69% fall in the latest year. EBITDA fell 17% 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 |
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| EBITDA | ₹48.95 Lakh | ||||
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| Net Profit (PAT) | -₹12.53 Lakh | ||||
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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 | 6.6% | ||||
| Net Profit Margin | -1.7% | ||||
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To see the full financial statements and ratios of Ashoka Creations Limited, buy the company report.
Board of directors of Ashoka Creations Limited
Ashoka Creations has 3 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Abha Ladha | Director | 05 Jul 2019 | 7 Years 3 Months | Current |
| Shatayu Jitendra Desai Also directs: Indian Chronicle Limited (TR. Co.) | Director | 20 Aug 1990 | 36 Years 2 Months | Current |
| Arun Jhunjhunwala Also directs: Bengal Tea & Fabrics Limited, Rungamattee Tea & Industries Ltd | Additional Director | 06 Nov 2022 | 3 Years 11 Months | Current |
Auditor
Ashoka Creations Limited is audited by ASHWIN MANTRI & CO for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ASHWIN MANTRI & CO | FY 2022 | 154950W |
Shareholding
The shareholding of Ashoka Creations Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Ashoka Creations Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 22 Aug 2014 | 10518923 | Bank of Baroda | ₹2 Cr | Satisfied | |
| 06 Apr 2009 | 10161749 | Canara Bank | ₹5 Cr | Satisfied | |
| 11 Mar 2005 | 90252428 | Canara Bank | ₹9 Lakh | Satisfied |
To see the full charge records of Ashoka Creations Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
Ashoka Creations Limited has 17 court cases on record: 14 filed by Ashoka Creations, 3 filed against it. 3 cases are pending and 14 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 7 | 1 | 2 |
| District courts | 4 | 2 | 1 |
| NCLAT | 3 | 0 | 0 |
| NCLT | 2 | 0 | 0 |
| Supreme Court | 1 | 0 | 0 |
Cases on record (5 of 17)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Pune, Maharashtra | Commercial suit | Filed against the company by Finolex Cables Limited Through Pranab Kumar Mishra | Pending |
| NCLAT, Company Appeal(AT)(Ins) | Insolvency matter | Filed by the company against Lykos India Pvt. Ltd. | Disposed |
| NCLAT, NCLAT New Delhi | Court case (Caveat) | Filed by the company against Lykos India Pvt. Ltd. | Disposed |
| District court, Pune, Maharashtra | Commercial suit | Filed against the company by Finolex Cables Limited Through Pranab Kumar Mishra | Disposed |
| NCLT, New Delhi Bench Court-III | Insolvency matter | Filed by the company against Trafigura India Pvt. Ltd. | Disposed |
To see the full case history of Ashoka Creations 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 Creations Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Ashoka Creations has 6 GST registrations: 2 active and 4 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 19AACCA4333K2ZN | West Bengal | Active | 01 Jul 2017 |
| 24AACCA4333K1ZX | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Ashoka Creations Limited, buy the company report.
Recent activity
Ashoka Creations Limited has 11 board changes on record since 1990: 3 appointments and 8 cessations. The latest: Arun Jhunjhunwala was appointed as Additional Director on 06 Nov 2022.
8 earlier events are in the company report.
Frequently asked questions
Ashoka Creations is an active public limited company based in Kolkata, West Bengal, India. The company works in metal retail and distribution, within the metals and minerals industry. It was incorporated on 13 October 1988 (38+ years old) and is registered under CIN U51909WB1988PLC045388.
Ashoka Creations has 3 current directors:
- Abha Ladha - Director
- Shatayu Jitendra Desai - Director
- Arun Jhunjhunwala - Additional Director
The latest financial statements of Ashoka Creations on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Ashoka Creations is 19AACCA4333K2ZN, registered in West Bengal. The company has 6 GST registrations in all, of which 2 are active and 4 are cancelled or inactive. Other active GSTINs include 24AACCA4333K1ZX (Gujarat).
The CIN (Corporate Identification Number) of Ashoka Creations is U51909WB1988PLC045388. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ashoka Creations has 17 court cases on record: 14 filed by the company and 3 filed against it. 3 are pending. Most are in the high courts.
Ashoka Creations was incorporated on 13 October 1988, making it 38+ years old. It is registered with the Registrar of Companies, Kolkata.
Arun Jhunjhunwala was appointed as Additional Director on 06 Nov 2022. Murlinarayan Govindram Darak ceased to be Additional Director on 15 Oct 2022. Ritesh Ladha ceased to be Director on 25 Dec 2019. Ashoka Creations has 11 board changes on record in total.
Yes, Ashoka Creations is registered as a small enterprise under Udyam registration (number: UDYAM-WB-10-0010639).
The registered office of Ashoka Creations is at 204 Estern Building19 R N Mukherjee Road, Kolkata, West Bengal, India – 700001.