About Aspen Steels Private Limited
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Aspen Steels Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the metals retail and distribution segment of the metals and mining sector. It was incorporated on 09 April 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U27209KA2008PTC046004.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹3 Lakh. It is led by directors including Ramesh Reddy Eragam and Nandyala Hanumanta Sarabha Reddy.
Its last annual general meeting (AGM) was held on 30 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at L – 152 7th Main 10th Sector Lic Colony Jeevan Beema Nagar, Bangalore, Karnataka, India – 560072.
As per the financials filed for FY 2021, the company reported a revenue of ₹3.95 Lakh, a growth of 8% compared to the previous year. For the same year it recorded a net profit of ₹2,185 (net margin 0.6%) and EBITDA of ₹2,920 (EBITDA margin 0.7%). Revenue has declined at a compounded annual rate (CAGR) of 11% over three years and 3% over five years.
Court records list 1 case involving the company, including 1 filed against it.
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 aspensteel.in.
Company details
Contact details
Aspen Steels Private Limited's registered office is in Bangalore, Karnataka. Its website is aspensteel.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressL – 152 7th Main 10th Sector Lic Colony Jeevan Beema Nagar, Bangalore, Karnataka, India – 560072
- IndustryMetals and Minerals, Metal Retail & Distribution
To see the full contact details of Aspen Steels 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 Aspen Steels is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Aspen Steels Private Limited, buy the company report.
Financials of Aspen Steels Private Limited
FY 2021 filings availableAspen Steels Private Limited reported revenue of ₹3.95 Lakh (up 8% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue rose 8% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 3%. EBITDA fell 46% 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
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| EBITDA | ₹2,920 | ||||
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| Net Profit (PAT) | ₹2,185 | ||||
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Financial Ratios
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
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| EBITDA Margin | 0.7% | ||||
| Net Profit Margin | 0.6% | ||||
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To see the full financial statements and ratios of Aspen Steels Private Limited, buy the company report.
Board of directors of Aspen Steels Private Limited
Aspen Steels has 4 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ramesh Reddy Eragam Also directs: Aspen Constructions Private Limited | Director | 09 Apr 2008 | 18 Years 6 Months | Current |
| Nandyala Hanumanta Sarabha Reddy Also directs: Aspen Constructions Private Limited, Amogha Shelters Private Limited, Triangle Realty Ventures Private Limited and 5 more | Director | 09 Apr 2008 | 18 Years 6 Months | Current |
| Nandyala Hanmantha Reddy Gari Prasada Reddy Also directs: Aspen Constructions Private Limited, Amogha Shelters Private Limited, Triangle Realty Ventures Private Limited and 1 more | Director | 09 Apr 2008 | 18 Years 6 Months | Current |
| Bhaskar Reddy Nandyala Hanumantha Reddygari Also directs: Aspen Constructions Private Limited, Amogha Shelters Private Limited, Triangle Realty Ventures Private Limited and 4 more | Director | 09 Apr 2008 | 18 Years 6 Months | Current |
Auditor
Aspen Steels Private Limited is audited by THRILOCHAN & CO for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| THRILOCHAN & CO | FY 2017 | 004418S |
Shareholding
The shareholding of Aspen Steels Private Limited is on record for FY 2017, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2017 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Aspen Steels Private Limited, buy the company report.
Legal cases
Aspen Steels Private Limited has 1 court case on record: 1 filed against it. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU RURAL, Karnataka | Arbitration matter | Filed against the company | Disposed |
To see the full case history of Aspen Steels 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
No delayed payments to MSME suppliers are on our record for Aspen Steels Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Aspen Steels Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Aspen Steels Private Limited has 4 board changes on record since 2008: 4 appointments. The latest: Bhaskar Reddy Nandyala Hanumantha Reddygari was appointed as Director on 09 Apr 2008.
Frequently asked questions
Aspen Steels is an active private limited company based in Bangalore, Karnataka, India. The company works in metal retail and distribution, within the metals and minerals industry. It was incorporated on 09 April 2008 (18+ years old) and is registered under CIN U27209KA2008PTC046004.
Aspen Steels has 4 current directors:
- Ramesh Reddy Eragam - Director
- Nandyala Hanumanta Sarabha Reddy - Director
- Nandyala Hanmantha Reddy Gari Prasada Reddy - Director
- Bhaskar Reddy Nandyala Hanumantha Reddygari - Director
The latest financial statements of Aspen Steels on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 30 November 2021. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Aspen Steels is U27209KA2008PTC046004. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Aspen Steels has 1 court case on record: 1 filed against it.
Aspen Steels was incorporated on 09 April 2008, making it 18+ years old. It is registered with the Registrar of Companies, Bangalore.
Bhaskar Reddy Nandyala Hanumantha Reddygari was appointed as Director on 09 Apr 2008. Nandyala Hanmantha Reddy Gari Prasada Reddy was appointed as Director on 09 Apr 2008. Nandyala Hanumanta Sarabha Reddy was appointed as Director on 09 Apr 2008. Aspen Steels has 4 board changes on record in total.
Aspen Steels can be reached through the website aspensteel.in. Its registered office is in Bangalore, Karnataka, India.
The registered office of Aspen Steels is at L – 152 7th Main 10th Sector Lic Colony Jeevan Beema Nagar, Bangalore, Karnataka, India – 560072.
Aspen Steels operates in the metals and minerals industry, in the metal retail and distribution segment.