About Asian Colour Coated Ispat Limited
Data last updated:
Asian Colour Coated Ispat Limited was a public limited company based in Mumbai, Maharashtra, India, operated as a subsidiary of Hasaud Steel Limited. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the steel manufacturing and processing segment of the metals and mining sector. It was incorporated on 02 February 2005.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U27105MH2005PLC368619. The company has 7 GST registrations on record, none of which is active.
The company had an authorised share capital of ₹1,800 Cr and a paid-up capital of ₹73.06 Cr. It was led by directors including Rajkumar Sharma (Whole-Time Director) and Sharad Mahendra.
Its last annual general meeting (AGM) was held on 13 July 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office was at Jsw Centre 5th Floor Bandra Kurla Complex Bandra (East), Mumbai, Maharashtra, India – 400051.
As per the financials filed for FY 2022, the company reported a revenue of ₹6,334.07 Cr, a growth of 62% compared to the previous year. For the same year it recorded a net profit of ₹45.38 Cr (net margin 0.7%) and EBITDA of ₹626.38 Cr (EBITDA margin 9.9%). Revenue has grown at a compounded annual rate (CAGR) of 29% over three years and 14% over five years.
The company had about 258 employees on its provident fund (EPFO) records before it was dissolved.
As per MCA filings, the company had satisfied charges of ₹17,506 Cr on record. Court records list 101 cases involving the company, including 35 filed by the company and 69 filed against it; 16 cases are pending. The company has 11 deals on record (6 funding rounds, 3 secondary share transfers, 2 acquisitions), with disclosed funding of ₹497.11 Cr; the latest was in October 2020. Its 6 peer companies in the Metals and Minerals industry (Steel), with the same principal business activity (metal and metal products) are compared by revenue, 4 larger and 2 smaller; the largest is Orissa Alloy Steel Private Limited with revenue of ₹7,641.81 Cr. The company has 5 MSME Form 1 returns on record between 2019 and 2022, listing 181 overdue payments to 67 micro and small suppliers.
The last known website on record is accil.com.
Company details
CIN history
Asian Colour Coated Ispat has one previous CIN (Corporate Identification Number): U27105DL2005PLC132593. The current CIN is U27105MH2005PLC368619, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U27105MH2005PLC368619 | Current |
| U27105DL2005PLC132593 | Previous |
Contact details
Asian Colour Coated Ispat Limited's registered office is in Mumbai, Maharashtra. Its website is accil.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressJsw Centre 5th Floor Bandra Kurla Complex Bandra (East), Mumbai, Maharashtra, India – 400051
- IndustryMetals and Minerals, Steel Manufacturing & Processing
To see the full contact details of Asian Colour Coated Ispat 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 Asian Colour Coated Ispat 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 Asian Colour Coated Ispat Limited, buy the company report.
Financials of Asian Colour Coated Ispat Limited
FY 2022 filings availableAsian Colour Coated Ispat Limited reported revenue of ₹6,334.07 Cr (up 62% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 14% over five years, including 62% growth in the latest year. EBITDA rose 258% 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹6,334.07 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹626.38 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹45.38 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 9.9% | ||||
| 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 Asian Colour Coated Ispat Limited, buy the company report.
Board of directors of Asian Colour Coated Ispat Limited
Asian Colour Coated Ispat has 4 current directors and 25 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sharad Mahendra Also directs: JSW Energy Limited, Barmer Lignite Mining Company Limited, JSW Energy (Barmer) Limited and 5 more | Director | 27 Oct 2020 | 6 Years 0 Months | As last reported |
| Rajkumar Sharma Also directs: Amarkanta Infra LLP | Whole-Time Director | 01 Apr 2021 | 5 Years 7 Months | As last reported |
| Chandrasekaran Prabhakaran Also directs: JSW Neo Energy Limited, Neotrex Steel Limited, JSW Vijayanagar Metallics Limited and 1 more | Director | 27 Oct 2020 | 6 Years 0 Months | As last reported |
| Anuradha Ambar Bajpai Also directs: JSW Vijayanagar Metallics Limited, JSW Holdings Limited, JSW Jfe Kalinga Steel Limited and 5 more | Director | 27 Oct 2020 | 6 Years 0 Months | As last reported |
Peer comparison
Asian Colour Coated Ispat Limited is compared with the 6 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 |
|---|---|---|---|---|---|---|
| Orissa Alloy Steel Private Limited | ₹7,641.81 Cr (FY 2025) | 24.0% | Kolkata, West Bengal, India | |||
| Tata Steel Downstream Products Limited | ₹7,495.97 Cr (FY 2025) | -2.0% | Kolkata, West Bengal, India | |||
| Shyam Steel Industries Limited | ₹7,161.34 Cr (FY 2025) | 9.0% | Kolkata, West Bengal, India | |||
| Lloyds Metals and Energy Limited | ₹6,772.62 Cr (FY 2025) | 3.0% | Chandrapur, Maharashtra, India | |||
| Asian Colour Coated Ispat Limitedthis company | ₹6,334.07 Cr (FY 2022) | ₹45.38 Cr | 0.7% | 62.0% | 258 | Mumbai, Maharashtra, India |
| JSW Ispat Special Products Limited | ₹6,084.32 Cr (FY 2022) | 45.0% | Mumbai, Maharashtra, India | |||
| Neelachal Ispat Nigam Ltd | ₹5,780.54 Cr (FY 2025) | 4.0% | Bhubaneswar, Odisha, India |
To see the full peer comparison of Asian Colour Coated Ispat Limited, buy the company report.
Auditor
Asian Colour Coated Ispat Limited is audited by O.P. Bagla & Co. LLP for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| O.P. Bagla & Co. LLP | FY 2022 | 000018N |
Shareholding
The shareholding of Asian Colour Coated Ispat 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 Asian Colour Coated Ispat Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 14 Jun 2016 | 100043811 | Others | ₹245.41 Cr | Satisfied | |
| 29 Mar 2016 | 100016791 | Others | ₹151.5 Cr | Satisfied | |
| 29 Mar 2016 | 100016798 | Others | ₹17.5 Cr | Satisfied | |
| 18 Dec 2015 | 10617663 | Others | ₹8 Cr | Satisfied | |
| 30 Jun 2015 | 10583920 | Others | ₹51 Cr | Satisfied |
To see the full charge records of Asian Colour Coated Ispat Limited, buy the company report.
Total charge records: 75 View all charges
Deals & funding
Asian Colour Coated Ispat Limited has 11 deals on record (6 funding rounds, 3 secondary share transfers, 2 acquisitions), with disclosed funding of ₹497.11 Cr; the latest was in October 2020.
Deals on record (5 of 11)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Oct 2020 | Funding round | ₹73.06 Cr | Investors: Hasaud Steel Limited , Hasaud Steel Limited & Pritesh Vinay, Hasaud Steel Limited & Rajeev Jain |
| Oct 2020 | Acquisition | ₹1,550 Cr | Buyer: JSW Steel Coated Products Limited |
| Mar 2015 | Secondary share transfer | Undisclosed | Buyer: Wonder Infra Buildcon Private Limited, Clubseven Consultants Private Limited , Splendor Constructions Private Limtied Seller: Ultimate Investofin Private Limited , A J Management Info Services Private Lim Ited, Hove Estates Private Limited |
| Mar 2014 | Secondary share transfer | Undisclosed | Buyer: Wonder Infra Buildcon Private Limited, Giromani Exim Private Limited , TTJ Impex Private Limited Seller: Jeet Trade Links Private Limited, Ultimate Investofin Private Limited , Proactive Telecommunications Private Lim Ited |
| Jun 2012 | Funding round | ₹127.86 Cr | Investors: Hove Estates Private Limited , Ultimate Investofin Private Limited , Shrumdeep Consultants Limited |
To see the full deal history of Asian Colour Coated Ispat Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Asian Colour Coated Ispat Limited has 101 court cases on record: 35 filed by Asian Colour Coated Ispat, 69 filed against it. 16 cases are pending and 85 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 52 | 40 | 4 |
| District courts | 31 | 11 | 6 |
| Supreme Court | 9 | 9 | 2 |
| NCLAT | 8 | 8 | 4 |
| NCLT | 1 | 1 | 0 |
Cases on record (5 of 101)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Delhi | Court case (CRL.M.C.) | Filed against the company by RRB Chemicals Pvt. Ltd. | Pending |
| Supreme Court | Court case (1006-Company Law, Mrtp, Trai, Sebi, Idrai & Rbi : Others) | Filed by the company against Accil Auto Steels Private Limited Authorized Representative Pradeep Aggarwal Corporate Office, Accil House, Plot No. 26, Sector 33, Gurugram ,Gurgaon , Haryana and 9 others | Pending |
| Supreme Court | Court case (1006-Company Law, Mrtp, Trai, Sebi, Idrai & Rbi : Others) | Filed by the company against Accil Steel Processors Private Limited Authorized Representative Archna Aggarwal Plot No. 441, Badkhal Pali Road, Village Bhakri, Faridabad ,Faridabad , Haryana and 4 others | Pending |
| District court, New Delhi, Delhi | Criminal case | Filed by the company against RRB Chemicals Pvt Ltd and Ors | Pending |
| District court, New Delhi, Delhi | Civil suit | Filed by the company against Ms Jindal Buildsys Ltd Ors | Pending |
To see the full case history of Asian Colour Coated Ispat 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.
Credit ratings & regulatory alerts
Asian Colour Coated Ispat Limited was last rated by Brickwork on 30 Mar 2019.
| Rating agency | Rated on | Rating |
|---|---|---|
| Brickwork | 30 Mar 2019 |
To see the full credit ratings and regulatory alerts of Asian Colour Coated Ispat Limited, buy the company report.
MSME payment delays
Asian Colour Coated Ispat Limited has 5 MSME Form 1 returns on record between 2019 and 2022, listing 181 overdue payments to 67 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 67)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Drives & Drives | |||
| Sandhu Cargo Mover Private Limited | |||
| Classic Products Private Limited | |||
| an individual supplier | |||
| Packwell Paper Tube Industries - Sonipat |
To see the full MSME payment records of Asian Colour Coated Ispat Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Asian Colour Coated Ispat Limited has a workforce of 258 employees on its EPFO records as of Oct 11, 2025, across 1 active EPFO establishment.
GST
Asian Colour Coated Ispat has 7 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Asian Colour Coated Ispat Limited, buy the company report.
Recent activity
Asian Colour Coated Ispat Limited has 25 board changes on record since 2011: 5 appointments and 20 cessations. The latest: Rajkumar Sharma was appointed as Whole-Time Director on 01 Apr 2021.
186 earlier events are in the company report.
News
Frequently asked questions
Asian Colour Coated Ispat has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Asian Colour Coated Ispat was a public limited company based in Mumbai, Maharashtra, India. The company worked in steel manufacturing and processing, within the metals and minerals industry. It was incorporated on 02 February 2005 and is registered under CIN U27105MH2005PLC368619. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Asian Colour Coated Ispat was incorporated on 02 February 2005. It is registered with the Registrar of Companies, Mumbai.
Asian Colour Coated Ispat had 4 directors:
- Rajkumar Sharma - Whole-Time Director
- Sharad Mahendra - Director
- Chandrasekaran Prabhakaran - Director
- Anuradha Ambar Bajpai - Director
The CIN (Corporate Identification Number) of Asian Colour Coated Ispat is U27105MH2005PLC368619. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Asian Colour Coated Ispat is at Jsw Centre 5th Floor Bandra Kurla Complex Bandra East, Mumbai, Maharashtra, India – 400051.
Asian Colour Coated Ispat can be reached through the website accil.com. Its registered office is in Mumbai, Maharashtra, India.
The latest financial statements of Asian Colour Coated Ispat on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 13 July 2022. Year-wise statements from 2015 are in the company report.
No. Asian Colour Coated Ispat has 7 GST registrations on record and all of them are cancelled or inactive.
Asian Colour Coated Ispat operated in the metals and minerals industry, in the steel manufacturing and processing segment.
Asian Colour Coated Ispat has 11 deals on record (6 funding rounds, 3 secondary share transfers, 2 acquisitions), with disclosed funding of ₹497.11 Cr; the latest was in October 2020.
The peers of Asian Colour Coated Ispat by revenue are Orissa Alloy Steel Private Limited, Tata Steel Downstream Products Limited, Shyam Steel Industries Limited, Lloyds Metals and Energy Limited, JSW Ispat Special Products Limited and 1 more, all in the Metals and Minerals industry (Steel), with the same principal business activity (metal and metal products).
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