MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2023-24)
- Udyam number
- UDYAM-HP-11-0002890
Ashoka Spanners Private Limited - machinery and equipment in Himachal Pradesh, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹3.65 Cr
▲ 10% YoY
Net loss · FY 2025
₹2.02 Cr
Net margin -55.5%
EBITDA · FY 2025
-₹1.53 Cr
EBITDA margin -41.9%
Authorised capital
₹2 Cr
Registered with MCA
Paid-up capital
₹1.72 Cr
Issued & subscribed
Open charges
₹5.42 Cr
Satisfied ₹7.19 Cr
Company age
42 yrs
Est. 1984
Employees · EPFO
59
Provident fund records
About Ashoka Spanners Private Limited
Data last updated:
Ashoka Spanners Private Limited is a private limited company based in Himachal Pradesh, India. It operates in the industrial tools and components segment of the machinery and industrial equipment sector. It was incorporated on 27 November 1984 and has been in existence for over 42 years.
The company is registered with the Registrar of Companies (ROC), Himachal Pradesh, under CIN U17115HP1984PTC006017. Its GSTIN is 02AAGCA0632D1ZK (Himachal Pradesh).
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹1.72 Cr. It is led by directors Sandeep Verma (Whole-Time Director) and Ram Prakash Verma (Whole-Time Director).
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 Bali Indl Areadistt Solan, Himachal Pradesh, India.
As per the financials filed for FY 2025, the company reported a revenue of ₹3.65 Cr, a growth of 10% compared to the previous year. For the same year it recorded a net loss of ₹2.02 Cr (net margin -55.5%) and EBITDA of -₹1.53 Cr (EBITDA margin -41.9%). Revenue has declined at a compounded annual rate (CAGR) of 3% over three years and 7% over five years.
The company has about 59 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Ashoka Tools. As per MCA filings, the company has open charges of ₹5.42 Cr and satisfied charges of ₹7.19 Cr on record. Court records list 10 cases involving the company, including 7 filed by the company and 3 filed against it; 4 cases are pending.
Ashoka Spanners Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-HP-11-0002890). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ashokatools.in.
Company details
CIN U17115HP1984PTC006017
Registration Number 006017
Incorporation Date 27 November 1984
ROC Himachal Pradesh
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-HP-11-0002890
Recognitions & Rankings of Ashoka Spanners
Contact details
Ashoka Spanners Private Limited's registered office is in Himachal Pradesh. Its website is ashokatools.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressBali Indl Areadistt Solan, Himachal Pradesh, India
- IndustryMachinery and Equipment, Industrial Tools & Components
To see the full contact details of Ashoka Spanners Private Limited, buy the company report.
Comprehensive company report
Ashoka Spanners Private 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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Brands
Ashoka Spanners operates one associated brand: Ashoka Tools. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Tool manufacturing and exporting services in India. | ashokatools.in |
Business activity
The main business activity of Ashoka Spanners is manufacturing. In detail, this covers metal and metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products |
To see the full business activity and turnover split of Ashoka Spanners Private Limited, buy the company report.
Financials of Ashoka Spanners Private Limited
FY 2025 filings availableAshoka Spanners Private Limited reported revenue of ₹3.65 Cr (up 10% YoY) for FY 2025.
Revenue · FY 2025
₹3.65 Cr ▲ 10%
Net loss · FY 2025
₹2.02 Cr margin -55.5%
EBITDA · FY 2025
-₹1.53 Cr margin -41.9%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 10%
3 years · compounded
▼ 3%
5 years · compounded
▼ 7%
EBITDA CAGR growth
1 year
▼ 718%
3 years · compounded
▼ 80%
5 years · compounded
▼ 34%
Revenue rose 10% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 7%. EBITDA fell 718% 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 | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹1.53 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹2.02 Cr | ||||
| 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -41.9% | ||||
| Net Profit Margin | -55.5% | ||||
| 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 Spanners Private Limited, buy the company report.
Board of directors of Ashoka Spanners Private Limited
Ashoka Spanners has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sandeep Verma | Whole-Time Director | 27 Aug 2012 | 14 Years 2 Months | Current |
| Ram Prakash Verma | Whole-Time Director | 16 Aug 1990 | 36 Years 2 Months | Current |
Peer comparison
Ashoka Spanners Private Limited is compared with the 3 companies closest to it by revenue in the Machinery and Equipment industry (Tools and Components), 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 |
|---|---|---|---|---|---|---|
| Shri Ram Shri Krishna Enterprises Private Limited | ₹3.68 Cr (FY 2025) | 70.0% | Rohtak, Haryana, India | |||
| Divence Techno Private Limited | ₹3.68 Cr (FY 2024) | -2.0% | Surat, Gujarat, India | |||
| SMRJ Engineers Private Limited | ₹3.67 Cr (FY 2025) | 23.0% | Hyderabad, Telangana, India | |||
| Ashoka Spanners Private Limitedthis company | ₹3.65 Cr (FY 2025) | -₹2.02 Cr | -55.5% | 10.0% | 59 | Himachal Pradesh, India |
To see the full peer comparison of Ashoka Spanners Private Limited, buy the company report.
Auditor
Ashoka Spanners Private Limited is audited by Kansal Jain and Associates for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Kansal Jain and Associates | FY 2022 | 023083N |
Shareholding
The shareholding of Ashoka Spanners Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Ashoka Spanners Private Limited, buy the company report.
Charges & borrowings
Open charges
₹5.42 Cr
Satisfied charges
₹7.19 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 25 Nov 2021 | 100511067 | Others | ₹32.5 Lakh | Open | |
| 02 Jul 2020 | 100349726 | Others | ₹65 Lakh | Open | |
| 29 Aug 2005 | 80026604 | Punjab National Bank | ₹4 Cr | Open | |
| 28 Jun 1989 | 90171698 | Hp Financial Coroporation | ₹44.34 Lakh | Open | |
| 31 Dec 2012 | 10399963 | Punjab National Bank | ₹30 Lakh | Satisfied |
To see the full charge records of Ashoka Spanners Private Limited, buy the company report.
Total charge records: 16 View all charges
Legal cases
Ashoka Spanners Private Limited has 10 court cases on record: 7 filed by Ashoka Spanners, 3 filed against it. 4 cases are pending and 6 are disposed.
Total cases
10
Filed by the company
7
Filed against the company
3
Pending
4
Disposed
6
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 9 | 3 | 4 |
| High courts | 1 | 0 | 0 |
Cases on record (5 of 10)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Solan, Himachal Pradesh | Commercial suit | Filed by the company against M/S Elegant Creations Private Limited | Disposed |
| District court, South East, Delhi | Civil suit | Filed against the company by Ms Energy Infrastructure India Limited | Disposed |
| District court, Solan, Himachal Pradesh | Court case (Employees State Insurance) | Filed by the company against Employees State Insurance Corporation | Pending |
| District court, Solan, Himachal Pradesh | Civil miscellaneous application | Filed by the company against Employees State Insurance Corporation | Pending |
| District court, Ludhiana, Punjab | Cheque dishonour complaint | Filed against the company by M/S Friends Sale Corp | Disposed |
To see the full case history of Ashoka Spanners 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 Spanners Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Ashoka Spanners Private Limited has a workforce of 59 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
Employee count
59
Active EPFO establishments
1
Employee growth
18%
GST
Ashoka Spanners has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 02AAGCA0632D1ZK | Himachal Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Ashoka Spanners Private Limited, buy the company report.
Recent activity
Ashoka Spanners Private Limited has 6 board changes on record since 1990: 3 appointments and 3 cessations. The latest: Richa Verma ceased to be Additional Director on 01 Apr 2015.
AGM
Ashoka Spanners Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Ashoka Spanners Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Himachal Pradesh.
Charges
A charge with Others amounted to Rs. 0.33 Cr with Charge ID 100511067 was registered on 25 Nov 2021.
Charges
A charge with Others amounted to Rs. 0.65 Cr with Charge ID 100349726 was registered on 02 Jul 2020.
Charges
A charge registered on 31 Dec 2012 via Charge ID 10399963 with Punjab National Bank was fully satisfied on 08 Feb 2017.
Charges
A charge registered on 01 Oct 2002 via Charge ID 90169707 with `Punjab National Bank was fully satisfied on 08 Feb 2017.
Charges
A charge registered on 30 Jan 2002 via Charge ID 90169624 with `Punjab National Bank was fully satisfied on 08 Feb 2017.
Charges
A charge registered on 06 Dec 2000 via Charge ID 90169459 with Punjab National Bank was fully satisfied on 08 Feb 2017.
Charges
A charge registered on 25 May 1999 via Charge ID 90170974 with Punjab National Bank was fully satisfied on 08 Feb 2017.
Charges
A charge registered on 17 Dec 1996 via Charge ID 90171876 with Punjab National Bank was fully satisfied on 08 Feb 2017.
Charges
A charge registered on 17 Dec 1996 via Charge ID 90170787 with Punjab National Bank was fully satisfied on 08 Feb 2017.
Charges
A charge registered on 10 Oct 1995 via Charge ID 90170729 with `Punjab National Bank was fully satisfied on 08 Feb 2017.
33 earlier events are in the company report.
Frequently asked questions
Ashoka Spanners is an active private limited company based in Himachal Pradesh, India. The company works in industrial tools and components, within the machinery and equipment industry. It was incorporated on 27 November 1984 (42+ years old) and is registered under CIN U17115HP1984PTC006017.
Ashoka Spanners has 2 current directors:
- Sandeep Verma - Whole-Time Director
- Ram Prakash Verma - Whole-Time Director
The latest financial statements of Ashoka Spanners 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 Ashoka Spanners is 02AAGCA0632D1ZK, registered in Himachal Pradesh.
The CIN (Corporate Identification Number) of Ashoka Spanners is U17115HP1984PTC006017. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ashoka Spanners has 10 court cases on record: 7 filed by the company and 3 filed against it. 4 are pending. Most are in the district courts.
Ashoka Spanners was incorporated on 27 November 1984, making it 42+ years old. It is registered with the Registrar of Companies, Himachal Pradesh.
The peers of Ashoka Spanners by revenue are Shri Ram Shri Krishna Enterprises Private Limited, Divence Techno Private Limited, SMRJ Engineers Private Limited, all in the Machinery and Equipment industry (Tools and Components), with the same principal business activity (metal and metal products).
Richa Verma ceased to be Additional Director on 01 Apr 2015. Richa Verma was appointed as Whole-Time Director on 01 Jan 2015. Sandeep Verma ceased to be Director on 01 Apr 2013. Ashoka Spanners has 6 board changes on record in total.
Yes, Ashoka Spanners is registered as a micro enterprise under Udyam registration (number: UDYAM-HP-11-0002890).
Ashoka Spanners can be reached through the website ashokatools.in. Its registered office is in Himachal Pradesh, India.
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