MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-GJ-01-0003476
Ashutosh Metal Private Limited - metals and minerals in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹301.06 Cr
▼ 10% YoY
Net profit · FY 2025
₹2.19 Cr
Net margin 0.7%
EBITDA · FY 2025
₹8.29 Cr
EBITDA margin 2.8%
Authorised capital
₹3 Cr
Registered with MCA
Paid-up capital
₹2.35 Cr
Issued & subscribed
Open charges
₹62.53 Cr
Satisfied ₹13.2 Cr
Company age
27 yrs
Est. 1999
Employees · EPFO
15
Provident fund records
About Ashutosh Metal Private Limited
Data last updated:
Ashutosh Metal Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the steel manufacturing and processing segment of the metals and mining sector. It was incorporated on 12 October 1999 and has been in existence for over 27 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U27100MH1999PTC122192. Its GSTIN is 24AADCA2246A1ZH (Gujarat). The company holds 3 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹3 Cr and a paid-up capital of ₹2.35 Cr. It is led by directors Piyush Jain and Chandra Kanth 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 89/19 Ramesh Bhavan 1st Floor Tamba Kanta, Mumbai, Maharashtra, India – 400003.
As per the financials filed for FY 2025, the company reported a revenue of ₹301.06 Cr, a decline of 10% compared to the previous year. For the same year it recorded a net profit of ₹2.19 Cr (net margin 0.7%) and EBITDA of ₹8.29 Cr (EBITDA margin 2.8%). Revenue has declined at a compounded annual rate (CAGR) of 7% over three years and 2% over five years.
The company has about 15 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
As per MCA filings, the company has open charges of ₹62.53 Cr and satisfied charges of ₹13.2 Cr on record. Court records list 13 cases involving the company, including 9 filed by the company and 4 filed against it; 6 cases are pending.
Ashutosh Metal Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0003476). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website amplgroup.in.
Company details
CIN U27100MH1999PTC122192
Registration Number 122192
Incorporation Date 12 October 1999
ROC Mumbai
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 Medium
Udyam Registration UDYAM-GJ-01-0003476
Key People
Piyush Jain Director Chandra Kanth Jain Director Recognitions & Rankings of Ashutosh Metal
Contact details
Ashutosh Metal Private Limited's registered office is in Mumbai, Maharashtra. Its website is amplgroup.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address89/19 Ramesh Bhavan 1st Floor Tamba Kanta, Mumbai, Maharashtra, India – 400003
- IndustryMetals and Minerals, Steel Manufacturing & Processing
To see the full contact details of Ashutosh Metal Private Limited, buy the company report.
Comprehensive company report
Ashutosh Metal 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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Secure checkout · GST invoice included
Business activity
The main business activities of Ashutosh Metal are manufacturing and professional, scientific and technical. In detail, this covers metal and metal products and other professional, scientific and technical 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 | |
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities |
To see the full business activity and turnover split of Ashutosh Metal Private Limited, buy the company report.
Financials of Ashutosh Metal Private Limited
FY 2025 filings availableAshutosh Metal Private Limited reported revenue of ₹301.06 Cr (down 10% YoY) for FY 2025.
Revenue · FY 2025
₹301.06 Cr ▼ 10%
Net profit · FY 2025
₹2.19 Cr margin 0.7%
EBITDA · FY 2025
₹8.29 Cr margin 2.8%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 10%
3 years · compounded
▼ 7%
5 years · compounded
▼ 2%
EBITDA CAGR growth
1 year
▼ 8%
3 years · compounded
▲ 1%
5 years · compounded
▲ 2%
Revenue has declined at a compounded annual rate (CAGR) of 2% over five years, including a 10% fall in the latest year. EBITDA fell 8% 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 | ₹8.29 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹2.19 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
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| 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 | 2.8% | ||||
| Net Profit Margin | 0.7% | ||||
| 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 Ashutosh Metal Private Limited, buy the company report.
Board of directors of Ashutosh Metal Private Limited
Ashutosh Metal has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Piyush Jain Also directs: Ashutosh Tube Private Limited, Avdesh Steel Works Private Limited | Director | 12 Oct 2002 | 24 Years 0 Months | Current |
| Chandra Kanth Jain | Director | 12 Feb 2002 | 24 Years 8 Months | Current |
Peer comparison
Ashutosh Metal Private Limited is compared with the 7 companies closest to it by revenue in the Metals and Minerals industry (Steel), 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 |
|---|---|---|---|---|---|---|
| Krishna Global Transenergy Limited | ₹303.22 Cr (FY 2024) | 37.0% | Bhavnagar, Gujarat, India | |||
| Orange City Steel Industries Private Limited | ₹303.01 Cr (FY 2025) | 12.0% | Nagpur, Maharashtra, India | |||
| Rudra Alloys Private Limited | ₹301.67 Cr (FY 2025) | 0.0% | Fatehgarh Sahib, Punjab, India | |||
| Ludhiana Steel Rolling Mills Limited | ₹301.48 Cr (FY 2025) | -7.0% | New Delhi, Delhi, India | |||
| Ashutosh Metal Private Limitedthis company | ₹301.06 Cr (FY 2025) | ₹2.19 Cr | 0.7% | -10.0% | 15 | Mumbai, Maharashtra, India |
| Patna Iron Private Limited | ₹300.88 Cr (FY 2025) | -18.0% | Patna, Bihar, India | |||
| Stelco Limited | ₹300.44 Cr (FY 2025) | -4.0% | Punjab, India | |||
| Ramsons Castings Private Limited | ₹300.19 Cr (FY 2025) | 7.0% | Nagpur, Maharashtra, India |
To see the full peer comparison of Ashutosh Metal Private Limited, buy the company report.
Auditor
Ashutosh Metal Private Limited is audited by RUSHABH SHREYANSH AND CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RUSHABH SHREYANSH AND CO. | FY 2023 | 131457W |
Shareholding
The shareholding of Ashutosh Metal Private 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 Ashutosh Metal Private Limited, buy the company report.
Charges & borrowings
Open charges
₹62.53 Cr
Satisfied charges
₹13.2 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 13 May 2020 | 100337891 | State Bank of India | ₹34.83 Cr | Open | |
| 17 Mar 2006 | 80027049 | State Bank of India | ₹27.7 Cr | Open | |
| 18 Jan 2018 | 100178985 | Hdfc Bank Limited | ₹13.1 Cr | Satisfied | |
| 14 Jun 2013 | 10433702 | Icici Bank Limited | ₹10.4 Lakh | Satisfied |
To see the full charge records of Ashutosh Metal Private Limited, buy the company report.
Total charge records: 4 View all charges
Legal cases
Ashutosh Metal Private Limited has 13 court cases on record: 9 filed by Ashutosh Metal, 4 filed against it. 6 cases are pending and 7 are disposed.
Total cases
13
Filed by the company
9
Filed against the company
4
Pending
6
Disposed
7
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 8 | 3 | 2 |
| High courts | 4 | 1 | 3 |
| NCLT | 1 | 0 | 1 |
Cases on record (5 of 13)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed by the company against Mnpee Inox Pvt Ltd and 3 others | Pending |
| District court, Ahmedabad, Gujarat | Court case (CR EN) | Filed by the company against Mnpee Inox Pvt Ltd and 3 others | Disposed |
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed by the company against S S Strips Pvt Ltd and 1 other | Disposed |
| High Court of Gujarat | Court case (TAXAP) | Filed by the company against Principal Commissioner Central Tax and Central Excise Ahmedabad | Pending |
| High Court of Gujarat | Court case (TAXAP) | Filed by the company against Principal Commissioner Central Tax and Central Excise Ahmedabad South | Pending |
To see the full case history of Ashutosh Metal 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
Ashutosh Metal Private Limited has 1 MSME Form 1 return on record for the period ending Jan 2019, listing 7 overdue payments to 7 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 7)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Vedant Tradelink Private Limited | |||
| Sanjay Castings (India) Private Limited | |||
| Desai Impex Private Limited | |||
| an individual supplier | |||
| an individual supplier |
To see the full MSME payment records of Ashutosh Metal Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Ashutosh Metal has 1 subsidiary company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
1
Subsidiary companies
Key subsidiaries
| Company Name | CIN | Shares held |
|---|---|---|
| Avdesh Steel Works Private Limited | U27205MH2013PTC239815 |
To see the full group structure of Ashutosh Metal Private Limited, buy the company report.
Employees & EPFO
Ashutosh Metal Private Limited has a workforce of 15 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
Employee count
15
Active EPFO establishments
1
Employee growth
-6.25%
GST
Ashutosh Metal has 3 GST registrations: 2 active and 1 cancelled or inactive.
Total GSTINs
3
Active
2
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AADCA2246A1ZH | Gujarat | Active | 01 Jul 2017 |
| 24AADCA2246A1DQ | Gujarat | Active | 19 Nov 2024 |
To see the full GST registrations and return filing status of Ashutosh Metal Private Limited, buy the company report.
Recent activity
Ashutosh Metal Private Limited has 4 board changes on record since 2002: 2 appointments and 2 cessations. The latest: Shakun Chanderakant Jain ceased to be Director on 18 Feb 2021.
AGM
Ashutosh Metal Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Ashutosh Metal Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Charges
A charge with State Bank Of India of Rs. 34.83 Cr registered on 13 May 2020 with Charge ID 100337891 was modified on 20 Jan 2025.
Charges
A charge with State Bank Of India of Rs. 27.70 Cr registered on 17 Mar 2006 with Charge ID 80027049 was modified on 20 Jan 2025.
Ceased
Shakun Chanderakant Jain ceased to be Director.
Charges
A charge with State Bank Of India amounted to Rs. 34.83 Cr with Charge ID 100337891 was registered on 13 May 2020.
Charges
A charge registered on 18 Jan 2018 via Charge ID 100178985 with Hdfc Bank Limited was fully satisfied on 18 Jul 2018.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 13.10 Cr with Charge ID 100178985 was registered on 18 Jan 2018.
Charges
A charge registered on 14 Jun 2013 via Charge ID 10433702 with Icici Bank Limited was fully satisfied on 08 Jun 2016.
Ceased
Vinaye Jain ceased to be Director.
Charges
A charge with Icici Bank Limited amounted to Rs. 0.10 Cr with Charge ID 10433702 was registered on 14 Jun 2013.
Charges
A charge with State Bank Of India amounted to Rs. 27.70 Cr with Charge ID 80027049 was registered on 17 Mar 2006.
3 earlier events are in the company report.
Frequently asked questions
Ashutosh Metal is an active private limited company based in Mumbai, Maharashtra, India. The company works in steel manufacturing and processing, within the metals and minerals industry. It was incorporated on 12 October 1999 (27+ years old) and is registered under CIN U27100MH1999PTC122192.
Ashutosh Metal has 2 current directors:
- Piyush Jain - Director
- Chandra Kanth Jain - Director
The latest financial statements of Ashutosh Metal 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 Ashutosh Metal is 24AADCA2246A1ZH, registered in Gujarat. The company has 3 GST registrations in all, of which 2 are active and 1 is cancelled or inactive. Other active GSTINs include 24AADCA2246A1DQ (Gujarat).
The CIN (Corporate Identification Number) of Ashutosh Metal is U27100MH1999PTC122192. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ashutosh Metal has 13 court cases on record: 9 filed by the company and 4 filed against it. 6 are pending. Most are in the district courts.
Ashutosh Metal was incorporated on 12 October 1999, making it 27+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Ashutosh Metal by revenue are Krishna Global Transenergy Limited, Orange City Steel Industries Private Limited, Rudra Alloys Private Limited, Ludhiana Steel Rolling Mills Limited, Patna Iron Private Limited and 2 more, all in the Metals and Minerals industry (Steel), with the same principal business activity (metal and metal products).
Shakun Chanderakant Jain ceased to be Director on 18 Feb 2021. Vinaye Jain ceased to be Director on 16 May 2014. Piyush Jain was appointed as Director on 12 Oct 2002. Ashutosh Metal has 4 board changes on record in total.
Yes, Ashutosh Metal is registered as a medium enterprise under Udyam registration (number: UDYAM-GJ-01-0003476).
Ashutosh Metal has 1 MSME Form 1 return on record for the period ending Jan 2019, listing 7 overdue payments to 7 micro and small suppliers. The latest return was filed on 08 Jun 2019.
Ashutosh Metal can be reached through the website amplgroup.in. Its registered office is in Mumbai, Maharashtra, India.