Ashoka Metcast Limited

BSE: 540923 NSE: ASHOKAMET
Ashoka Metcast Limited - metals and minerals in Ahmedabad, Gujarat, India. FY 2026 financials & compliance.
CIN L70101GJ2009PLC057642 Incorporated 29 July 2009 ROC Ahmedabad HQ Ahmedabad, Gujarat, India
Active Listed - NSE: ASHOKAMET · BSE: 540923 Public Limited Company metals and minerals
Data last updated
Market Cap
₹34.84 Cr
ASHOKAMET · NSE
Share Price
₹14.15
+1.51% today
Revenue
₹27.70 Cr
FY 2025-26 · -28.9% YoY
EBITDA
₹6.47 Cr
Margin 23.4%
Net Profit
₹10.79 Cr
FY 2025-26 · +239.3% YoY
P/E (TTM)
2.7x
P/B 0.3x
Authorised capital
₹95 Cr
Registered with MCA
Paid-up capital
₹25 Cr
Issued & subscribed

About Ashoka Metcast Limited

Data last updated:

Ashoka Metcast Limited is a public limited company based in Ahmedabad, Gujarat, India. It operates in the steel manufacturing and processing segment of the metals and mining sector. It was incorporated on 29 July 2009 and has been in existence for over 17 years.

The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN L70101GJ2009PLC057642. Its GSTIN is 24AADCT7220M1Z9 (Gujarat). It is a listed company as per MCA records. Its shares are listed on BSE: 540923 and NSE: ASHOKAMET.

The company has an authorised share capital of ₹95 Cr and a paid-up capital of ₹25 Cr. It was formerly known as Ashoka Metcast Private Limited and Ashoka Metal Industries Private Limited. It is led by directors including Ashok Chinubhai Shah (Managing Director) and Shalin Ashok Shah.

Its last annual general meeting (AGM) was held on 26 September 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at Ahmedabad, Gujarat.

As per the latest consolidated financials for FY 2025-26, the company reported a revenue of ₹27.7 Cr, a decline of 28.9% compared to the previous year. For the same year it recorded a net profit of ₹10.79 Cr (net margin 39%) and EBITDA of ₹6.47 Cr (EBITDA margin 23.4%). The net worth stands at ₹121.98 Cr (up 9.5% YoY). Total assets are valued at ₹192.31 Cr (up 43.1% YoY).

Its group structure includes 1 subsidiary.

The company is associated with 1 brand: Ashoka Metcast. As per MCA filings, the company has open charges of ₹13 Cr on record. The company has 62 deals on record (60 market trades, 1 ipo, 1 funding round), with disclosed funding of ₹3.78 Cr; the latest was in September 2026. Its 3 peer companies in the Metals and Minerals industry (Steel), with the same principal business activity (wholesale trading) are compared by revenue, 2 larger and 1 smaller; the largest is Ocean Steels Private Limited with revenue of ₹43.64 Cr.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ashokametcast.in.

Company details

CIN L70101GJ2009PLC057642
Registration Number 057642
Incorporation Date 29 July 2009
ROC Ahmedabad
Listing Status Listed - Listed on NSE (ASHOKAMET); Listed on BSE (540923)
Company Status Active
Date of Last AGM 26 September 2025
Date of Balance Sheet 31 March 2026
Compliance Status Active Compliant

Name history

Ashoka Metcast has undergone 4 name changes throughout its history. The current legal name is Ashoka Metcast Limited.

Company NameStatus
Ashoka Metcast LimitedCurrent
Ashoka Metcast Private LimitedPrevious
Ashoka Metal Industries Private LimitedPrevious
Ashoka Metals Private LimitedPrevious
Tanya Estates Private LimitedPrevious

CIN history

Ashoka Metcast has 3 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is L70101GJ2009PLC057642, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
L70101GJ2009PLC057642Current
U70101GJ2009PTC057642Previous
U70101GJ2009PLC057642Previous
L46620GJ2009PLC057642Previous
Key People
Ashok Chinubhai Shah Managing Director Shalin Ashok Shah Director Hiteshkumar Madhubhai Donga Director

Contact details

Ashoka Metcast Limited's registered office is in Ahmedabad, Gujarat. Its website is ashokametcast.in. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    ashokametcast.in
  • Registered Address
    7th Floor Ashoka Chambers Opp.Hcg Hospital Mithakhali Six Roads, Mithakhali, Ahmedabad, Gujarat, India – 380006
  • Industry
    Metals and Minerals, Steel Manufacturing & Processing

To see the full contact details of Ashoka Metcast Limited, buy the company report.

Comprehensive company report
Ashoka Metcast 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included

Brands

Ashoka Metcast operates one associated brand: Ashoka Metcast. Each brand links to its own profile.

BrandDescriptionWebsite
Ashoka Metcast
Steel products manufacturerashokametcast.in

Business activity

The main business activity of Ashoka Metcast is trade. In detail, this covers wholesale trading.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
GTradeG1Wholesale Trading

To see the full business activity and turnover split of Ashoka Metcast Limited, buy the company report.

Financials of Ashoka Metcast Limited

FY 2025-26 filings available

Ashoka Metcast Limited reported revenue of ₹27.7 Cr (down 28.9% YoY) for FY 2025-26.

Financial Highlights

FY 2025-26 · Consolidated
Revenue
₹27.70 Cr
-28.9% YoY
EBITDA
₹6.47 Cr
+73.0% YoY
Profit After Tax
₹10.79 Cr
+239.3% YoY
Net Worth
₹122 Cr
+9.5% YoY
Total Assets
₹192 Cr
+43.1% YoY
Total Debt
₹57.73 Cr
+286.4% YoY

Revenue vs Net Profit ₹ Cr

Margin trends

Financial summary ₹ Cr

MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Income statement
Revenue27.7038.9666.2550.4467.0354.3021.99
Revenue growth-28.9%-41.2%+31.3%-24.8%+23.4%+146.9%-
EBITDA6.473.747.014.474.381.760.75
EBITDA margin+23.4%+9.6%+10.6%+8.9%+6.5%+3.2%+3.4%
Profit before tax13.836.096.494.072.780.180.12
Net profit10.793.183.843.231.840.150.05
Net profit margin+39.0%+8.2%+5.8%+6.4%+2.8%+0.3%+0.2%
EPS (₹)6.052.191.921.291.190.140.02
Balance sheet
Total assets19213412812364.9444.6037.77
Net worth12211110510140.6320.4720.35
Total debt57.7314.9415.7815.7520.9023.3114.60
Cash & bank1.790.801.511.380.210.210.26
Net working capital11390.9085.8993.9141.6224.5517.34
Cash flow
Cash from operations(17.18)(6.27)15.90(46.33)(14.58)(7.84)(10.05)
Cash from investing1.470.26(13.32)(5.41)(3.64)(0.45)(0.25)
Cash from financing16.715.30(2.45)52.9118.218.259.79
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue4.0710.356.695.215.456.496.8814.33
Revenue growth (YoY)-25.3%+59.5%-2.8%-63.6%-51.6%---
Other income4.632.773.172.531.143.660.540.94
EBITDA(0.74)2.412.441.110.51(3.17)2.173.85
EBITDA margin-18.2%+23.3%+36.5%+21.3%+9.4%-48.8%+31.5%+26.9%
Depreciation0.180.400.150.150.15(0.11)0.260.35
Interest0.330.320.340.380.390.370.400.57
Profit before tax3.384.465.123.111.110.232.053.87
Tax0.152.240.640.160.00(0.32)0.260.38
Net profit3.232.224.482.951.110.551.793.49
EPS (₹)1.292.621.801.180.450.220.721.39
MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Income statement
Revenue3.261.801.482.680.002.211.98
Revenue growth+81.1%+21.6%-44.8%--100.0%+11.6%-
EBITDA(0.15)(0.22)(0.04)(0.09)(0.23)0.160.12
EBITDA margin-4.6%-12.2%-2.7%-3.4%-+7.2%+6.1%
Profit before tax0.672.711.240.09(0.09)0.00(0.04)
Net profit0.500.03(0.07)0.09(0.40)0.00(0.03)
Net profit margin+15.3%+1.7%-4.7%+3.4%-0.0%-1.5%
EPS (₹)0.200.960.370.04(0.06)0.00(0.03)
Balance sheet
Total assets56.1739.6737.2836.3537.6022.0724.28
Net worth39.3538.8536.4635.5433.5821.2521.29
Total debt16.000.000.000.003.200.000.17
Cash & bank1.490.500.251.100.100.030.12
Net working capital3.433.032.782.291.272.734.30
Cash flow
Cash from operations0.54(0.26)(1.69)0.091.59(0.36)1.78
Cash from investing(15.56)0.510.842.25(17.14)0.44(0.17)
Cash from financing16.000.000.00(1.33)15.62(0.17)(2.17)
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue0.691.850.540.450.420.000.500.78
Revenue growth (YoY)+64.3%-+8.0%-42.3%-19.2%---
Other income0.180.560.000.080.460.240.530.93
Total expenses0.761.980.480.440.510.150.550.78
EBITDA(0.07)(0.13)0.060.01(0.09)(0.15)(0.05)0.00
EBITDA margin-10.1%-7.0%+11.1%+2.2%-21.4%--10.0%0.0%
Depreciation0.030.260.010.010.010.050.010.01
Interest0.000.000.000.000.000.000.000.00
Profit before tax0.080.170.050.080.360.040.470.92
Tax0.000.170.000.000.00(0.02)0.070.07

Financial Statements

Figures in ₹ Cr; negatives in brackets. Updated 03 Nov 2026
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue4.0710.356.695.215.456.496.8814.33
Revenue growth (YoY)-25.3%+59.5%-2.8%-63.6%-51.6%---
Other income4.632.773.172.531.143.660.540.94
EBITDA(0.74)2.412.441.110.51(3.17)2.173.85
EBITDA margin-18.2%+23.3%+36.5%+21.3%+9.4%-48.8%+31.5%+26.9%
Depreciation0.180.400.150.150.15(0.11)0.260.35
Interest0.330.320.340.380.390.370.400.57
Profit before tax3.384.465.123.111.110.232.053.87
Tax0.152.240.640.160.00(0.32)0.260.38
Net profit3.232.224.482.951.110.551.793.49
EPS (₹)1.292.621.801.180.450.220.721.39
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Revenue27.7038.9666.2550.4467.0354.3021.99
Revenue growth-28.9%-41.2%+31.3%-24.8%+23.4%+146.9%-
Other income9.624.571.750.750.310.040.08
Total expenses21.2335.2259.2445.9762.6552.5421.24
Employee cost0.001.161.111.501.111.170.56
EBITDA6.473.747.014.474.381.760.75
EBITDA margin+23.4%+9.6%+10.6%+8.9%+6.5%+3.2%+3.4%
Depreciation0.840.660.740.430.640.640.41
Interest1.421.561.530.721.270.980.30
Profit before tax13.836.096.494.072.780.180.12
Tax3.040.621.690.980.530.050.02
Net profit10.793.183.843.231.840.150.05
Net profit margin+39.0%+8.2%+5.8%+6.4%+2.8%+0.3%+0.2%
EPS (₹)6.052.191.921.291.190.140.02
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital25.0025.0025.0025.0017.5410.7110.71
Reserves & surplus96.9886.4279.5676.4917.509.769.64
Shareholders' funds (net worth)12211110510140.6320.4720.35
Minority interest11.797.216.735.012.600.000.00
Secured loans0.000.411.102.763.321.660.00
Unsecured loans57.7314.5314.6812.9917.5821.6514.60
Total debt57.7314.9415.7815.7520.9023.3114.60
Total liabilities19213412812364.9444.6037.77
Assets
Gross block19.7119.4919.3210.529.8212.0711.87
Net block16.1616.5717.018.738.5011.2411.54
Capital work in progress5.731.500.000.000.000.000.00
Investments10.3511.1210.374.554.865.475.44
Inventories50.9839.8934.3431.8724.2011.588.47
Sundry debtors27.6426.1326.2828.6423.5917.1311.83
Cash & bank balances1.790.801.511.380.210.210.26
Loans & advances48.0431.8732.8341.132.101.312.15
Total current assets12898.6994.9610350.1030.2322.71
Total current liabilities15.607.799.079.118.485.685.37
Net working capital11390.9085.8993.9141.6224.5517.34
Total assets19213412812364.9444.6037.77
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Opening cash0.801.511.380.210.210.260.78
Net cash from operating activities(17.18)(6.27)15.90(46.33)(14.58)(7.84)(10.05)
Net cash from investing activities1.470.26(13.32)(5.41)(3.64)(0.45)(0.25)
Net cash from financing activities16.715.30(2.45)52.9118.218.259.79
Net change in cash0.99(0.71)0.131.170.00(0.05)(0.51)
Closing cash1.790.801.511.380.210.210.26
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Growth
Sales growth-28.9%-41.2%+31.3%-24.8%+23.4%+146.9%-
EBITDA growth+73.0%-46.7%+56.8%+2.1%+148.9%+134.7%-
PBT growth+127.1%-6.2%+59.5%+46.4%+1444.4%+50.0%+9998.0%
Net income growth+239.3%-17.2%+18.9%+75.5%+1126.7%+200.0%-
Revenue CAGR (3Y)-18.1%-16.6%+6.9%+31.9%-+41.5%-
EBITDA CAGR (3Y)+13.1%-5.1%+58.5%+81.3%---
Profitability & leverage
Net income margin+39.0%+14.0%+7.3%+6.1%+3.4%+0.2%+0.5%
Return on capital employed-+4.0%+5.6%+5.3%+6.9%+2.8%+1.2%
Return on net worth-+3.0%+3.7%+4.4%+6.4%+0.6%+0.3%
Debt / equity-0.140.150.260.720.930.47
Long-term debt / equity-0.040.020.050.220.370.26
Interest cover25.2250.6524.4017.8233.9687.5088.24
Efficiency & per share
Fixed asset turnover-2.014.444.966.124.542.58
Inventory turnover-1.052.001.803.755.425.19
Debtors turnover-1.492.411.933.293.752.50
EPS (₹)6.052.191.921.291.190.140.02
Dividend per share (₹)0.000.000.000.000.000.000.00
Book value per share (₹)0.0044.5741.8340.6019.9819.1219.00
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue0.691.850.540.450.420.000.500.78
Revenue growth (YoY)+64.3%-+8.0%-42.3%-19.2%---
Other income0.180.560.000.080.460.240.530.93
Total expenses0.761.980.480.440.510.150.550.78
EBITDA(0.07)(0.13)0.060.01(0.09)(0.15)(0.05)0.00
EBITDA margin-10.1%-7.0%+11.1%+2.2%-21.4%--10.0%0.0%
Depreciation0.030.260.010.010.010.050.010.01
Interest0.000.000.000.000.000.000.000.00
Profit before tax0.080.170.050.080.360.040.470.92
Tax0.000.170.000.000.00(0.02)0.070.07
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Revenue3.261.801.482.680.002.211.98
Revenue growth+81.1%+21.6%-44.8%--100.0%+11.6%-
Other income1.103.001.310.240.310.000.00
Total expenses3.412.021.522.770.232.051.86
Employee cost0.000.120.070.010.080.040.03
EBITDA(0.15)(0.22)(0.04)(0.09)(0.23)0.160.12
EBITDA margin-4.6%-12.2%-2.7%-3.4%-+7.2%+6.1%
Depreciation0.280.070.030.060.170.160.16
Interest0.000.000.000.000.000.000.00
Profit before tax0.672.711.240.09(0.09)0.00(0.04)
Tax0.170.310.320.000.000.00(0.01)
Net profit0.500.03(0.07)0.09(0.40)0.00(0.03)
Net profit margin+15.3%+1.7%-4.7%+3.4%-0.0%-1.5%
EPS (₹)0.200.960.370.04(0.06)0.00(0.03)
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital25.0025.0025.0025.0017.5410.7110.71
Reserves & surplus14.3513.8511.4610.5410.4510.5410.58
Shareholders' funds (net worth)39.3538.8536.4635.5433.5821.2521.29
Secured loans0.000.000.000.000.000.000.17
Unsecured loans16.000.000.000.003.200.000.00
Total debt16.000.000.000.003.200.000.17
Total liabilities56.1739.6737.2836.3537.6022.0724.28
Assets
Gross block0.510.480.330.330.330.330.30
Net block0.220.250.130.150.200.240.24
Capital work in progress0.000.000.000.000.000.000.00
Investments17.2222.3323.7417.9117.9116.018.61
Inventories0.000.000.000.000.000.000.00
Sundry debtors3.193.303.184.661.593.104.51
Cash & bank balances1.490.500.251.100.100.030.12
Loans & advances0.050.190.070.070.070.060.09
Total current assets4.733.993.505.831.763.194.72
Total current liabilities1.300.960.723.540.490.460.42
Net working capital3.433.032.782.291.272.734.30
Total assets56.1739.6737.2836.3537.6022.0724.28
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Opening cash0.500.251.100.100.030.120.68
Net cash from operating activities0.54(0.26)(1.69)0.091.59(0.36)1.78
Net cash from investing activities(15.56)0.510.842.25(17.14)0.44(0.17)
Net cash from financing activities16.000.000.00(1.33)15.62(0.17)(2.17)
Net change in cash0.980.25(0.85)1.010.07(0.09)(0.56)
Closing cash1.490.500.251.100.100.030.12
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Growth
Sales growth+81.1%+21.6%-44.8%--100.0%+11.6%-
EBITDA growth+31.8%-450.0%+55.6%+60.9%-243.8%+33.3%-
PBT growth-75.3%+118.6%+1277.8%+9998.0%+9997.0%+9997.0%+33.3%
Net income growth+1566.7%+142.9%-177.8%+122.5%-+100.0%-
Revenue CAGR (3Y)+6.8%--12.5%+10.6%--51.3%+170.5%
EBITDA CAGR (3Y)+18.6%-1.5%---6.4%-+81.7%
Profitability & leverage
Net income margin+15.3%+133.3%+62.2%+3.4%-0.0%-1.5%
Return on capital employed-+0.1%-0.2%+0.2%0.0%0.0%0.0%
Return on net worth-+0.1%-0.2%+0.3%0.0%0.0%0.0%
Debt / equity-0.000.000.050.060.000.06
Long-term debt / equity-0.000.000.050.060.000.06
Interest cover0.000.000.000.000.00-0.00
Efficiency & per share
Fixed asset turnover-4.444.488.120.007.026.60
Inventory turnover-0.000.000.000.000.000.00
Debtors turnover-0.560.380.860.000.580.39
EPS (₹)0.200.960.370.04(0.06)0.00(0.03)
Dividend per share (₹)0.000.000.000.000.000.000.00
Book value per share (₹)0.0015.5414.5814.2215.9619.8419.88

To see the full year-wise statements and ratios of Ashoka Metcast Limited, buy the company report.

Board of directors of Ashoka Metcast Limited

Ashoka Metcast has 5 current directors and 16 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Ashok Chinubhai Shah
Also directs: Acls Infra LLP, Rhetan TMT Limited, Gujarat Natural Resources Limited and 3 more
Managing Director23 Oct 20179 Years 0 MonthsCurrent
Shalin Ashok Shah
Also directs: Acls Infra LLP, Alps Infraspace LLP, Rhetan TMT Limited and 4 more
Director29 Jul 200917 Years 3 MonthsCurrent
Hiteshkumar Madhubhai Donga
Also directs: Gujarat Natural Resources Limited
Director06 Apr 20233 Years 6 MonthsCurrent
Rushabh Rajnikantbhai Shah
Also directs: Rhetan TMT Limited, Wildpixel Optimization Private Limited
Director06 Apr 20233 Years 6 MonthsCurrent
Deepti Ghanshyam Gavali
Also directs: Rhetan TMT Limited, Gujarat Natural Resources Limited, Ashnisha Industries Limited and 1 more
Director11 Aug 20233 Years 2 MonthsCurrent
View all directors

Peer comparison

Ashoka Metcast Limited is compared with the 3 companies closest to it by revenue in the Metals and Minerals industry (Steel), with the same principal business activity (wholesale trading), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Ocean Steels Private Limited₹43.64 Cr (FY 2025)20.0%Sanand, Gujarat, India
Steelloys India Private Limited₹43.63 Cr (FY 2025)2.0%Mumbai, Maharashtra, India
VKS Jaiswal Steel Private Limited₹43.36 Cr (FY 2025)-6.0%Kolkata, West Bengal, India
Ashoka Metcast Limitedthis company₹27.7 Cr (FY 2026)₹10.79 Cr39%-28.9%Ahmedabad, Gujarat, India

To see the full peer comparison of Ashoka Metcast Limited, buy the company report.

Auditor

Ashoka Metcast Limited is audited by GMCA & CO. for the financial year 2024.

Auditor firmFinancial yearFirm registration number
GMCA & CO.FY 2024109850W

Shareholding

Shareholding for the quarter ended Sep 2026: promoters hold 53.60%, foreign institutional investors hold 0.00%, domestic institutional investors hold 0.00% and retail and other public shareholders hold 46.40%.

Promoters: 53.60%Retail & Others: 46.40%
Sep 2026
QUARTER
53.60% Promoters
46.40% Retail & Others
Promoter holding - history
Now 53.60% · Sep 2026High 53.60% · Dec 2025Low 53.60% · Dec 2025
52%52.8%53.5%54.3%55%Dec 2025Mar 2026Jun 2026Sep 2026Dec 2025: 53.60%Mar 2026: 53.60%Jun 2026: 53.60%Sep 2026: 53.60%53.60%53.60%
Shareholding trend - last 6 quarters
Sep 2026Jun 2026Mar 2026Dec 2025
Promoters53.60%53.60%53.60%53.60%
Public46.40%46.40%46.40%46.40%

Charges & borrowings

Open charges
₹13 Cr
Satisfied charges
None
Breakdown by lending institutions
Others₹13.00 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
20 Jun 2020100342717Others₹13 CrOpen

To see the full charge records of Ashoka Metcast Limited, buy the company report.

Total charge records: 1 View all charges

Deals & funding

Ashoka Metcast Limited has 62 deals on record (60 market trades, 1 ipo, 1 funding round), with disclosed funding of ₹3.78 Cr; the latest was in September 2026.

Total deals
62
Market trades
60
IPO
1
Funding round
1
Disclosed funding
₹3.78 Cr

Deals on record (5 of 62)

WhenDealAmountParties
Dec 2025Market trade₹40.8 LakhBuyer: Irage Broking Services LLP , an individual
Seller: Irage Broking Services LLP , an individual
Dec 2025Market trade₹35.5 LakhBuyer: Irage Broking Services LLP , an individual
Seller: Irage Broking Services LLP , an individual
Sep 2025Market trade₹2.04 CrBuyer: Irage Broking Services LLP , an individual
Seller: Irage Broking Services LLP , an individual
Sep 2025Market trade₹99.8 LakhBuyer: Irage Broking Services LLP , an individual
Seller: Irage Broking Services LLP , an individual
Jul 2025Market trade₹89.1 LakhBuyer: Irage Broking Services LLP , 2 individuals
Seller: Irage Broking Services LLP , 2 individuals

To see the full deal history of Ashoka Metcast Limited, buy the company report.

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Ashoka Metcast Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Group structure & subsidiaries

Ashoka Metcast has 1 subsidiary company. This group structure data is as of FY 2024. The table lists each entity with its relationship and holding.

1
Subsidiary companies
Key subsidiaries
Company NameCINShares held
Rhetan TMT LimitedL27100GJ1984PLC007041

To see the full group structure of Ashoka Metcast Limited, buy the company report.

GST

Ashoka Metcast has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
24AADCT7220M1Z9GujaratActive07 Sep 2017

To see the full GST registrations and return filing status of Ashoka Metcast Limited, buy the company report.

Recent activity

Ashoka Metcast Limited has 29 board changes on record since 2009: 17 appointments and 12 cessations. The latest: Umangkumar Hirabhai Patel ceased to be Director on 17 Sep 2025.

Filing
Ashoka Metcast Limited has filed its annual Financial statements for the year ended 31 Mar 2026 with Roc Ahmedabad.
AGM
Ashoka Metcast Limited last Annual general meeting of members was held on 26 Sep 2025 as per latest MCA records.
Ceased
Umangkumar Hirabhai Patel ceased to be Director.
Appointed
Umangkumar Hirabhai Patel was appointed as Director.
Ceased
Payal Punit Pandya ceased to be Company Secretary.
Ceased
Manjusha Rahul Salunke ceased to be Director.
Ceased
Dipak Pandit Nikam ceased to be CFO.
Ceased
Leena Ashok Shah ceased to be Managing Director.
Ceased
Payal Shalin Shah ceased to be Additional Director.
Appointed
Payal Shalin Shah was appointed as Additional Director.
Appointed
Manjusha Rahul Salunke was appointed as Director.
Appointed
Dipak Pandit Nikam was appointed as CFO.

22 earlier events are in the company report.

News

Frequently asked questions

Ashoka Metcast is an active public limited company based in Ahmedabad, Gujarat, India. The company works in steel manufacturing and processing, within the metals and minerals industry. It was incorporated on 29 July 2009 (17+ years old) and is registered under CIN L70101GJ2009PLC057642. Listed on BSE: 540923 and NSE: ASHOKAMET.

Ashoka Metcast reported revenue of ₹27.7 Cr for FY 2025-26 (down 28.9% YoY) based on consolidated financials.

Ashoka Metcast has 5 current directors:

The latest financial statements of Ashoka Metcast on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 26 September 2025. Year-wise statements from 2015 are in the company report.

The GSTIN of Ashoka Metcast is 24AADCT7220M1Z9, registered in Gujarat.

The CIN (Corporate Identification Number) of Ashoka Metcast is L70101GJ2009PLC057642. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Yes. Ashoka Metcast is a listed company as per MCA records. Its shares are listed on both BSE (code: 540923) and NSE (symbol: ASHOKAMET).

Ashoka Metcast was incorporated on 29 July 2009, making it 17+ years old. It is registered with the Registrar of Companies, Ahmedabad.

Ashoka Metcast has 62 deals on record (60 market trades, 1 ipo, 1 funding round), with disclosed funding of ₹3.78 Cr; the latest was in September 2026.

The peers of Ashoka Metcast by revenue are Ocean Steels Private Limited, Steelloys India Private Limited, VKS Jaiswal Steel Private Limited, all in the Metals and Minerals industry (Steel), with the same principal business activity (wholesale trading).

Umangkumar Hirabhai Patel ceased to be Director on 17 Sep 2025. Umangkumar Hirabhai Patel was appointed as Director on 14 May 2025. Payal Punit Pandya ceased to be Company Secretary on 29 Apr 2025. Ashoka Metcast has 29 board changes on record in total.