Asi Industries Limited - Company Profile

Q: Who are the current directors of Asi Industries Limited?

The current directors of Asi Industries Limited are Gaurang Manhar Gandhi, Padamkumar Radheshyam Poddar, Deepak Nemnath Jatia, Tushya Jatia, Pavan Kumar Soni, Manish Prakash Kakrai, Arunanshu Vijay Kumar Agarwal, Anita Deepak Jatia.

It is a environment public limited company based in Mumbai, Maharashtra, India, established in 1945.

1945 Mumbai, Maharashtra, India Active

Last Updated: December 15, 2025

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About Asi Industries Limited

Asi Industries Limited, a active public limited company, was established on 17 January 1945 in Mumbai, Maharashtra, India. Engaging in wind energy solutions within the mining and quarrying sector, it holds CIN: L14101MH1945PLC256122. Registered under ROC Roc Mumbai. it is listed on BSE: 502015. It has an authorized capital of ₹28.45 Cr and a paid-up capital of ₹9.01 Cr.

Formerly known as Associated Stone Industries (Kotah) Limited. It upholds a compliant status. In 2023, it reported revenue of ₹148.24 Cr and a net worth of ₹307.06 Cr. Employing 1,507 professional, Its leadership includes Gaurang Manhar Gandhi (Director), Padamkumar Radheshyam Poddar (Director), Deepak Nemnath Jatia (Managing Director). Past directors included Sanwarmull Shroff, Uttam Shetty, Ketan Mahendra Shah. It holds ₹42.22 Cr open charges and ₹668.63 Cr settled loans. Its latest AGM occurred on 12 September 2025, with the balance sheet filed on 31 March 2025. It is based at Marathon Innova, A Wing 7Th Floor, Off: Ganpatrao Kadam Marg, Lower Parel,, Mumbai, Maharashtra, 400013.

Company Details

CIN/LLPIN
L14101MH1945PLC256122
Registration Number
256122
Incorporation Date
17 January 1945
Authorized Capital
₹28.45 Cr
Paid-Up Capital
₹9.01 Cr
ROC Code
Roc Mumbai
Listing Status
Listed (BSE: 502015)
Company Status
Active

Key Metrics

Authorised Capital ₹ 28.45 Cr as on 15-12-2025
Paid Up Capital ₹ 9.01 Cr as on 15-12-2025
Company Age 81 Year, 23 Days
Last Filing with ROC 31 Mar 2025
Open Charges ₹ 42.22 Cr as on 15-12-2025
Satisfied Charges ₹ 668.63 Cr as on 15-12-2025
Revenue Growth **** -28.47% (FY 2023)
Profit Growth **** 218.75% (FY 2023)
Ebitda **** 262.92% (FY 2023)
Net Worth 5.82% (FY 2023)
Total Assets -3.92% (FY 2023)

Comprehensive Company Insights

Explore comprehensive insights into Asi Industries Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Asi Industries Limited?

Current Directors

Name	Designation	Appointment Date	Status
Gaurang Manhar Gandhi	Director	04 Jul 2016	Current
Padamkumar Radheshyam Poddar	Director	26 Aug 2023	Current
Deepak Nemnath Jatia	Managing Director	31 Dec 1987	Current
Tushya Jatia	Whole-Time Director	25 Jul 2011	Current
Arunanshu Vijay Kumar Agarwal	Director	10 Feb 2024	Current
Anita Deepak Jatia	Whole-Time Director	05 Aug 2014	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Director	02 Feb 2012	Past
Pramod Abcsdd	Company Secretary	31 Mar 2016	Past
Pramod Abcsdd	Director	31 Mar 2007	Past
Pramod Abcsdd	Managing Director	31 Mar 2007	Past
Pramod Abcsdd	Additional Director	23 Sep 2016	Past
Pramod Abcsdd	Director	04 Jul 2016	Past

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Financial Performance of Asi Industries.

Asi Industries Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 28.47% decrease. The company also saw a substantial improvement in profitability, with a 218.75% increase in profit. The company's net worth moved up by a moderate rise of 5.82%.

Date	Amount	Transaction Name	Valuation	Lead Investors	Investors
Jul, 2021	Amount	Post-IPO - Grab	Valuation	investors	Emtek
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners
Jan, 2021	Amount	Post-IPO - Grab	Valuation	investors	Hana Financial Group , GGV Capital
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners

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Key Matrics
Balance Sheet
Profit and Loss
Cash Flow
Ratios

Metrics

(FY 2023)

YOY Growth

(FY 2022)

(FY 2021)

(FY 2020)

(FY 2019)

Total Revenue

********

-28.47%

*******

Revenue from Operations

*******

-31.74%

*******

Total Assets

*******

-3.92%

*******

Profit or Loss

*******

218.75%

*******

Net Worth

*******

5.82%

*******

EBITDA

*******

262.92%

*******

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What is the Ownership and Shareholding Structure of Asi Industries?

In 2023, Asi Industries had a promoter holding of 72.51% and a public holding of 27.49%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)

Promoters: 92.83%
Public: 4.10%
Others: 3.07%

Shareholding Pattern over the Year

	FY (2024)	FY (2023)	FY (2022)	FY (2021)	FY (2020)
Promoters	92.83	94.62	94.55	94.55	94.55
Public	4.10	3.89	3.95	3.96	3.98
Others	3.07	1.49	1.50	1.49	1.47

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Charges (Loans)

Open Charges

₹422,161,000.00

Satisfied Charges

₹6,686,291,350.00

Charges Breakdown by Lending Institutions

Hdfc Bank Limited : 39.02 Cr
Indian Bank : 1.70 Cr
Others : 1.50 Cr

Latest Charge Details

Date	Lender	Amount	Status
04 Oct 2025	Hdfc Bank Limited	₹4.43 M	Open
26 Sep 2025	Hdfc Bank Limited	₹4.44 M	Open
19 Apr 2025	Others	₹1.00 Cr	Open
01 Aug 2024	Indian Bank	₹1.70 Cr	Open
12 Apr 2024	Hdfc Bank Limited	₹4.30 M	Open

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How Many Employees Work at Asi Industries?

Asi Industries has a workforce of 1507 employees as of Apr 06, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee Date	Number of Employees
2020	78,000
2021	80,500
2022	83,200
2023	86,000
2024	89,500
2025	92,000

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Deals i

Gain comprehensive insights into the Deals and Valuation data of Asi Industries, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Asi Industries's trajectory.

Rating

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on Asi Industries

Recent Activity within the Organization

Charges

A charge with Hdfc Bank Limited of Rs. 36.16 Cr registered on 09 Sep 2008 with Charge ID 10125191 was modified on 18 Nov 2025. was recorded as a recent event.
18 Nov 2025
Charges

The activity A charge with Hdfc Bank Limited amounted to Rs. 0.44 Cr with Charge ID 101174782 was registered on 04 Oct 2025. was completed.
04 Oct 2025
Charges

Progress on A charge with Hdfc Bank Limited amounted to Rs. 0.44 Cr with Charge ID 101170871 was registered on 26 Sep 2025. was documented.
26 Sep 2025
Annual General Meeting

The activity Asi Industries Limited last Annual general meeting of members was held on 12 Sep 2025 as per latest MCA records. was completed.
12 Sep 2025
Charges

The activity A charge with Others amounted to Rs. 1.00 Cr with Charge ID 101087811 was registered on 19 Apr 2025. was completed.
19 Apr 2025
Balance Sheet

The activity Asi Industries Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai. was completed.
31 Mar 2025

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