- Udyam number
- UDYAM-GJ-10-0001611

About Ashwani Metals Private Limited
Data last updated:
Ashwani Metals Private Limited is a private limited company based in Jamnagar, Gujarat, India. It operates in the industrial tools and components segment of the machinery and industrial equipment sector. It was incorporated on 08 March 2002 and has been in existence for over 24 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U27101GJ2002PTC040532. Its GSTIN is 24AADCA9579Q1ZU (Gujarat).
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹55.5 Lakh. It is led by directors including Vinod Kishanchand Gajara and Jyotsana Ashwin Gajara.
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 GIDC – 2 Plot No. 17 Dared, Jamnagar, Gujarat, India – 361004.
As per the financials filed for FY 2025, the company reported a revenue of ₹124.37 Cr, a growth of 19% compared to the previous year. For the same year it recorded a net profit of ₹2.38 Cr (net margin 1.9%) and EBITDA of ₹7.49 Cr (EBITDA margin 6%). Revenue has grown at a compounded annual rate (CAGR) of 36% over three years and 26% over five years.
The company has about 11 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹30.15 Cr and satisfied charges of ₹3.5 Cr on record.
Ashwani Metals Private Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-GJ-10-0001611). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ashwanimetals.com.
Company details
Recognitions & Rankings of Ashwani Metals
Contact details
Ashwani Metals Private Limited's registered office is in Jamnagar, Gujarat. Its website is ashwanimetals.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressGIDC – 2 Plot No. 17 Dared, Jamnagar, Gujarat, India – 361004
- IndustryMachinery and Equipment, Industrial Tools & Components
To see the full contact details of Ashwani Metals 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 activity of Ashwani Metals 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 Ashwani Metals Private Limited, buy the company report.
Financials of Ashwani Metals Private Limited
FY 2024 filings availableAshwani Metals Private Limited reported revenue of ₹124.37 Cr (up 19% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 26% over five years, including 19% growth in the latest year. EBITDA rose 13% 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 | ₹7.49 Cr | ||||
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| Net Profit (PAT) | ₹2.38 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 6% | ||||
| Net Profit Margin | 1.9% | ||||
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To see the full financial statements and ratios of Ashwani Metals Private Limited, buy the company report.
Board of directors of Ashwani Metals Private Limited
Ashwani Metals has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vinod Kishanchand Gajara | Director | 08 Mar 2002 | 24 Years 7 Months | Current |
| Jyotsana Ashwin Gajara | Director | 08 Mar 2002 | 24 Years 7 Months | Current |
| Ashwin Kishanchand Gajara Also directs: Syncconnect India Enterprises LLP, Brilliant Engtech LLP, Cefta Industries Private Limited and 5 more | Director | 08 Mar 2002 | 24 Years 7 Months | Current |
Peer comparison
Ashwani Metals Private Limited is compared with the 7 companies closest to it by revenue in the Machinery and Equipment industry (Metals, 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 |
|---|---|---|---|---|---|---|
| Nand Mangal Steels Limited | ₹125.28 Cr (FY 2022) | 110.0% | Punjab, India | |||
| Nidec India Precision Tools Limited | ₹125.14 Cr (FY 2025) | 1.0% | Ranipet, Tamil Nadu, India | |||
| Timexo Metals Private Limited | ₹124.8 Cr (FY 2025) | 18.0% | Ludhiana, Punjab, India | |||
| Shree Ambey Ispat Private Limited | ₹124.79 Cr (FY 2025) | -11.0% | Kolkata, West Bengal, India | |||
| Goldy Precision Technologies Private Limited | ₹124.55 Cr (FY 2025) | 6.0% | Nashik, Maharashtra, India | |||
| Ashwani Metals Private Limitedthis company | ₹124.37 Cr (FY 2025) | ₹2.38 Cr | 1.9% | 19.0% | 11 | Jamnagar, Gujarat, India |
| Kisaan Die Tech Private Limited | ₹122.45 Cr (FY 2025) | -1.0% | New Delhi, Delhi, India | |||
| Gloria Alluminium India Private Limited | ₹122.33 Cr (FY 2025) | 73.0% | Pune, Maharashtra, India |
To see the full peer comparison of Ashwani Metals Private Limited, buy the company report.
Auditor
Ashwani Metals Private Limited is audited by BUDDH & GAJARA for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| BUDDH & GAJARA | FY 2023 | 119231W |
Shareholding
The shareholding of Ashwani Metals 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 |
|---|---|---|---|---|---|
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| Domestic institutional investors (DII) | |||||
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| Others |
To see the full shareholding pattern of Ashwani Metals Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 11 Nov 2020 | 100389433 | Hdfc Bank Limited | ₹25.8 Cr | Open | |
| 11 Feb 2015 | 10549772 | Axis Bank Limited | ₹4.35 Cr | Open | |
| 26 Jun 2007 | 10084483 | The Bank of Baroda Limited | ₹3.5 Cr | Satisfied |
To see the full charge records of Ashwani Metals Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
No court or tribunal cases involving Ashwani Metals Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Ashwani Metals Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Ashwani Metals Private Limited has a workforce of 11 employees on its EPFO records as of Mar 28, 2024, across 1 active EPFO establishment.
GST
Ashwani Metals has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AADCA9579Q1ZU | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Ashwani Metals Private Limited, buy the company report.
Recent activity
Ashwani Metals Private Limited has 3 board changes on record since 2002: 3 appointments. The latest: Ashwin Kishanchand Gajara was appointed as Director on 08 Mar 2002.
1 earlier event is in the company report.
Frequently asked questions
Ashwani Metals is an active private limited company based in Jamnagar, Gujarat, India. The company works in industrial tools and components, within the machinery and equipment industry. It was incorporated on 08 March 2002 (24+ years old) and is registered under CIN U27101GJ2002PTC040532.
Ashwani Metals has 3 current directors:
- Vinod Kishanchand Gajara - Director
- Jyotsana Ashwin Gajara - Director
- Ashwin Kishanchand Gajara - Director
The latest financial statements of Ashwani Metals 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 Ashwani Metals is 24AADCA9579Q1ZU, registered in Gujarat.
The CIN (Corporate Identification Number) of Ashwani Metals is U27101GJ2002PTC040532. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ashwani Metals was incorporated on 08 March 2002, making it 24+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Ashwani Metals by revenue are Nand Mangal Steels Limited, Nidec India Precision Tools Limited, Timexo Metals Private Limited, Shree Ambey Ispat Private Limited, Goldy Precision Technologies Private Limited and 2 more, all in the Machinery and Equipment industry (Metals, Tools and Components), with the same principal business activity (metal and metal products).
Ashwin Kishanchand Gajara was appointed as Director on 08 Mar 2002. Jyotsana Ashwin Gajara was appointed as Director on 08 Mar 2002. Vinod Kishanchand Gajara was appointed as Director on 08 Mar 2002.
Yes, Ashwani Metals is registered as an MSME under Udyam registration (number: UDYAM-GJ-10-0001611).
Ashwani Metals can be reached through the website ashwanimetals.com. Its registered office is in Jamnagar, Gujarat, India.
The registered office of Ashwani Metals is at GIDC – 2 Plot No. 17 Dared, Jamnagar, Gujarat, India – 361004.

