About Asian Stainless Private Limited
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Asian Stainless Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the steel manufacturing and processing segment of the metals and mining sector. It was incorporated on 07 May 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U27100GJ2011PTC065334. The company has 2 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹8 Cr and a paid-up capital of ₹7.47 Cr. It is led by directors Dinesh Roopchand Shah and Suresh Roopchand Shah.
Its last annual general meeting (AGM) was held on 30 September 2015, and its latest financial statements are for the year ended 31 March 2015. The registered office is at F – 94 Orchid Green Near Giridhar Nagar Bridge Shahibaug, Ahmedabad, Gujarat, India – 380004.
As per the financials filed for FY 2015, the company reported a revenue of ₹71.08 Cr, a growth of 39% compared to the previous year. For the same year it recorded a net profit of ₹78.41 Lakh (net margin 1.1%) and EBITDA of ₹3.22 Cr (EBITDA margin 4.5%).
As per MCA filings, the company has open charges of ₹20 Cr on record.
The current compliance status is marked as active non-compliant by the Registrar of Companies. For more details, the company can be reached via its website asianstainless.net.
Company details
Contact details
Asian Stainless Private Limited's registered office is in Ahmedabad, Gujarat. Its website is asianstainless.net. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressF – 94 Orchid Green Near Giridhar Nagar Bridge Shahibaug, Ahmedabad, Gujarat, India – 380004
- IndustryMetals and Minerals, Steel Manufacturing & Processing
To see the full contact details of Asian Stainless 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
Financials of Asian Stainless Private Limited
FY 2015 filings availableAsian Stainless Private Limited reported revenue of ₹71.08 Cr (up 39% YoY) for FY 2015.
Compounded Annual Growth Rate (CAGR)
Revenue rose 39% in the latest year. EBITDA fell 94% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2014-15 |
|---|---|
| Profit and Loss Statement | |
| Revenue from Operations | |
| Other Income | |
| Total Revenue | ₹71.08 Cr |
| Cost of Materials Consumed | |
| Employee Benefit Expense | |
| Finance Costs | |
| Depreciation and Amortisation | |
| Other Expenses | |
| Total Expenses | |
| EBITDA | ₹3.22 Cr |
| Profit Before Tax | |
| Tax Expense | |
| Net Profit (PAT) | ₹78.41 Lakh |
| 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 2014-15 |
|---|---|
| Profitability | |
| EBITDA Margin | 4.5% |
| Net Profit Margin | 1.1% |
| 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 Stainless Private Limited, buy the company report.
Board of directors of Asian Stainless Private Limited
Asian Stainless has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Dinesh Roopchand Shah | Director | 07 May 2011 | 15 Years 5 Months | Current |
| Suresh Roopchand Shah | Director | 07 May 2011 | 15 Years 5 Months | Current |
Auditor
Asian Stainless Private Limited is audited by P. K. Jain & Associates for the financial year 2015.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| P. K. Jain & Associates | FY 2015 |
Shareholding
The shareholding of Asian Stainless Private Limited is on record for FY 2015, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2015 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Asian Stainless Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 26 Mar 2012 | 10343699 | Others | ₹20 Cr | Open |
To see the full charge records of Asian Stainless Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Asian Stainless Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
Credit ratings & regulatory alerts
Asian Stainless Private Limited was last rated by Icra on 30 Dec 2016.
| Rating agency | Rated on | Rating |
|---|---|---|
| Icra | 30 Dec 2016 |
To see the full credit ratings and regulatory alerts of Asian Stainless Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Asian Stainless Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Asian Stainless Private Limited has 1 active EPFO establishment as of Mar 30, 2024.
GST
Asian Stainless has 2 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 Stainless Private Limited, buy the company report.
Recent activity
Asian Stainless Private Limited has 4 board changes on record since 2011: 2 appointments and 2 cessations. The latest: Nilesh Dinesh Shah ceased to be Additional Director on 10 Aug 2016.
Frequently asked questions
Asian Stainless is an active private limited company based in Ahmedabad, Gujarat, India. The company works in steel manufacturing and processing, within the metals and minerals industry. It was incorporated on 07 May 2011 (15+ years old) and is registered under CIN U27100GJ2011PTC065334.
Asian Stainless has 2 current directors:
- Dinesh Roopchand Shah - Director
- Suresh Roopchand Shah - Director
The latest financial statements of Asian Stainless on record with the MCA are for the year ended 31 March 2015. Its last annual general meeting was held on 30 September 2015. Year-wise statements from 2015 are in the company report.
No. Asian Stainless has 2 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of Asian Stainless is U27100GJ2011PTC065334. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Asian Stainless was incorporated on 07 May 2011, making it 15+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Nilesh Dinesh Shah ceased to be Additional Director on 10 Aug 2016. Ramesh Pukhraj Chandan ceased to be Director on 10 Aug 2016. Dinesh Roopchand Shah was appointed as Director on 07 May 2011. Asian Stainless has 4 board changes on record in total.
Asian Stainless can be reached through the website asianstainless.net. Its registered office is in Ahmedabad, Gujarat, India.
The registered office of Asian Stainless is at F – 94 Orchid Green Near Giridhar Nagar Bridge Shahibaug, Ahmedabad, Gujarat, India – 380004.
Asian Stainless operates in the metals and minerals industry, in the steel manufacturing and processing segment.
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