Aspi Casting Private Limited

Aspi Casting Private Limited - metals and minerals in Vyara, Gujarat, India. Directors, charges & compliance details.
CIN U27100GJ1986PTC009243 Incorporated 17 December 1986 ROC Ahmedabad HQ Vyara, Gujarat, India
Merged Private Limited Company metals and minerals
Data last updated
Revenue · FY 2023
₹4.87 Cr
▲ 25% YoY
Net profit · FY 2023
₹1.77 Lakh
Net margin 0.4%
EBITDA · FY 2023
₹2.2 Lakh
EBITDA margin 0.5%
Authorised capital
₹20 Lakh
Registered with MCA
Paid-up capital
₹16.1 Lakh
Issued & subscribed
Satisfied charges
₹12 Lakh
No open charges
Company age
40 yrs
Est. 1986
Employees · EPFO
15
Provident fund records

About Aspi Casting Private Limited

Data last updated:

Aspi Casting Private Limited was a private limited company based in Vyara, Gujarat, India. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the metal manufacturing and processing segment of the metals and mining sector. It was incorporated on 17 December 1986.

The company was registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U27100GJ1986PTC009243. Its GSTIN is 24AACCA0244K1Z3 (Gujarat).

The company had an authorised share capital of ₹20 Lakh and a paid-up capital of ₹16.1 Lakh. It was led by directors including Naliniben Satishchandra Kothari and Montu Satishchandra Kothari.

Its last annual general meeting (AGM) was held on 11 July 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office was at Chikhli Road ( Dist : Surat ), Vyara, Gujarat, India.

As per the financials filed for FY 2023, the company reported a revenue of ₹4.87 Cr, a growth of 25% compared to the previous year. For the same year it recorded a net profit of ₹1.77 Lakh (net margin 0.4%) and EBITDA of ₹2.2 Lakh (EBITDA margin 0.5%). Revenue has grown at a compounded annual rate (CAGR) of 40% over three years and 24% over five years.

The company had about 15 employees on its provident fund (EPFO) records before it was dissolved.

As per MCA filings, the company had satisfied charges of ₹12 Lakh on record. Court records list 5 cases involving the company; 2 cases are pending.

Company Details of Aspi Casting Private Limited
CIN U27100GJ1986PTC009243
Registration Number 009243
Incorporation Date 17 December 1986
ROC Ahmedabad
Listing Status Unlisted
Company Status Amalgamated
Date of Last AGM 11 July 2023
Date of Balance Sheet 31 March 2023
Compliance Status Active Compliant
Key People
Naliniben Satishchandra Kothari Director Montu Satishchandra Kothari Director Jatin Bhakta Hasmukhbhai Director
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Website
    Locked
  • Social Media
    Locked
  • Registered Address
    Chikhli Road ( Dist : Surat ), Vyara, Gujarat, India
  • Industry
    Metals and Minerals, Metal Manufacturing & Processing
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Financials, compliance, directors, charges, ownership and filings for Aspi Casting Private Limited in one report.

Financials from 2015 Directors & ownership Charges & compliance

Business Activity of Aspi Casting Private Limited

The main business activity of Aspi Casting is manufacturing. In detail, this covers metal and metal products.

Main Activity Group CodeDescription of Main ActivityBusiness Activity CodeDescription of Business ActivityTurnover Percentage
CManufacturingC7Metal and metal productsLocked
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Business activity turnover details

Turnover share and past changes in activity are in the company report.

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Financials of Aspi Casting Private Limited FY 2023 filings available

Aspi Casting Private Limited reported revenue of ₹4.87 Cr (up 25% YoY) for FY 2023.

Revenue · FY 2023
₹4.87 Cr ▲ 25%
Net profit · FY 2023
₹1.77 Lakh margin 0.4%
EBITDA · FY 2023
₹2.2 Lakh margin 0.5%

Compounded Annual Growth Rate (CAGR) of Aspi Casting Private Limited

Revenue CAGR growth
1 year
▲ 25%
3 years · compounded
▲ 40%
5 years · compounded
▲ 24%
EBITDA CAGR growth
1 year
▲ 463%
3 years · compounded
▲ 42%
5 years · compounded
▼ 3%

Revenue has grown at a compounded annual rate (CAGR) of 24% over five years, including 25% growth in the latest year. EBITDA rose 463% 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 of Aspi Casting Private Limited

MetricsFY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19
Profit and Loss Statement
Revenue from Operations••••••••••••••••••••
Other Income••••••••••••••••••••
Total Revenue••••••••••••••••••••
Cost of Materials Consumed••••••••••••••••••••
Employee Benefit Expense••••••••••••••••••••
Finance Costs••••••••••••••••••••
Depreciation and Amortisation••••••••••••••••••••
Other Expenses••••••••••••••••••••
Total Expenses••••••••••••••••••••
EBITDA₹2.2 Lakh••••••••••••••••
Profit Before Tax••••••••••••••••••••
Tax Expense••••••••••••••••••••
Net Profit (PAT)₹1.77 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 of Aspi Casting Private Limited

MetricsFY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19
Profitability
EBITDA Margin0.5%••••••••••••••••
Net Profit Margin0.4%••••••••••••••••
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••••••••••••••••••••

Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Aspi Casting are in the company report.

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Financial statements from 2015

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Peer Comparison of Aspi Casting Private Limited

Aspi Casting Private Limited is compared with the companies closest to it by revenue in the Metals and Minerals industry (Metals). Net profit, margin and employee counts of each company are in the company report.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Newcap Capacitors Private Limited₹4.91 Cr (FY 2024)••••••••129.0%••••Vadavswami, Gujarat, India
Attri Tech Machines Private Limited₹4.9 Cr (FY 2025)••••••••50.0%••••Delhi, India
Amjay Exports Private Limited₹4.89 Cr (FY 2024)••••••••49.0%••••Delhi, India
H D Metals Private Limited₹4.89 Cr (FY 2025)••••••••-55.0%••••Navi Mumbai, Maharashtra, India
Sunmet Extrusions Private Limited₹4.87 Cr (FY 2024)••••••••••••Mumbai, Maharashtra, India
Aspi Casting Private Limited this company₹4.87 Cr (FY 2023)••••••••25.0%••••Vyara, Gujarat, India
Durgapur Gears Pvt. Ltd.₹4.87 Cr (FY 2025)••••••••-16.0%••••Durgapur, West Bengal, India
Jai Vishnu Metals Corporation Private Limited₹4.87 Cr (FY 2025)••••••••34.0%••••Durg, Chhattisgarh, India
Arulvelan Metals India Private Limited₹4.87 Cr (FY 2024)••••••••••••Coimbatore, Tamil Nadu, India
Diana Metals Private Limited₹4.87 Cr (FY 2025)••••••••143.0%••••Chennai, Tamil Nadu, India
Knop Mercantile Private Limited₹4.86 Cr (FY 2025)••••••••-49.0%••••New Delhi, Delhi, India

Peers are the five companies nearest above and the five nearest below Aspi Casting by revenue in the Metals and Minerals industry (Metals), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.

Auditor Details of Aspi Casting Private Limited

Aspi Casting Private Limited is audited by R K M & CO for the financial year 2017.

NameStatusAppointment DateCessation Date
R K M & COLockedLockedLocked
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Board of Directors of Aspi Casting Private Limited

Aspi Casting has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.

Directors (as last reported)
NameDesignationAppointment DateTenureStatus
Naliniben Satishchandra KothariDirector17 Dec 198639 Years 9 MonthsAs last reported
Montu Satishchandra Kothari
Also directs: Aaditya Aluminium Pvt Ltd
Director01 Jul 200422 Years 3 MonthsAs last reported
Jatin Bhakta HasmukhbhaiDirector10 Jan 20197 Years 9 MonthsAs last reported
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Ownership and Shareholding of Aspi Casting Private Limited

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Charges & Borrowings of Aspi Casting Private Limited

Open charges
None
Satisfied charges
₹12 Lakh
Breakdown by lending institutions
Bank of Baroda₹0.12 Cr
Latest charge details
DateLenderAmountStatus
07 Aug 1992Bank of Baroda₹12 LakhSatisfied

Total charge records: 1 View all charges

Employees and EPFO Compliance at Aspi Casting Private Limited

Aspi Casting Private Limited has a workforce of 15 employees as of Apr 07, 2024.

Employee count
15
Active EPFO establishments
1
Employee growth
7.14%
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Employee and EPFO history

Monthly headcount, contribution history and filing status are in the company report.

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Recent Activity on Aspi Casting Private Limited

Aspi Casting Private Limited has 4 board changes on record since 1986: 3 appointments and 1 cessation. The latest: Jatin Bhakta Hasmukhbhai was appointed as Director on 10 Jan 2019.

AGM
Aspi Casting Private Limited last Annual general meeting of members was held on 11 Jul 2023 as per latest MCA records.
Filing
Aspi Casting Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ahmedabad.
Charges
A charge registered on 07 Aug 1992 via Charge ID 80013090 with Bank Of Baroda was fully satisfied on 29 Aug 2022.
Appointed
Jatin Bhakta Hasmukhbhai was appointed as Director.
Ceased
Devilaben Jagdishchandra Shah ceased to be Director.
Charges
A charge with Bank Of Baroda of Rs. 12.00 Lakh registered on 07 Aug 1992 with Charge ID 80013090 was modified on 20 Sep 2006.
Appointed
Montu Satishchandra Kothari was appointed as Director.
Charges
A charge with Bank Of Baroda amounted to Rs. 12.00 Lakh with Charge ID 80013090 was registered on 07 Aug 1992.
Appointed
Naliniben Satishchandra Kothari was appointed as Director.
Incorporation
17 Dec 1986
Aspi Casting Private Limited was registered on 17 Dec 1986 with Roc Ahmedabad & aged 39 years 9 months as per MCA records.

Credit Ratings, Litigation & Regulatory Alerts for Aspi Casting Private Limited

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MSME Payment Delays by Aspi Casting Private Limited

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Subsidiaries & Group Companies of Aspi Casting Private Limited

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Corporate group structure

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GST Compliance of Aspi Casting Private Limited

Aspi Casting has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
24AACCA0244K1Z3GujaratActive01 Jul 2017
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State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.

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MCA Filings & Documents of Aspi Casting Private Limited

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Frequently Asked Questions about Aspi Casting Private Limited

Aspi Casting 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.

Aspi Casting was a private limited company based in Vyara, Gujarat, India. The company worked in metal manufacturing and processing, within the metals and minerals industry. It was incorporated on 17 December 1986 and is registered under CIN U27100GJ1986PTC009243. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.

Aspi Casting was incorporated on 17 December 1986. It is registered with the Registrar of Companies, Ahmedabad.

Aspi Casting had 3 directors:

The CIN (Corporate Identification Number) of Aspi Casting is U27100GJ1986PTC009243. 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 Aspi Casting is at Chikhli Road Dist : Surat , Vyara, Gujarat, India.

Aspi Casting reported revenue of ₹4.87 Cr for FY 2023 (up 25% YoY).

Aspi Casting has an authorised share capital of ₹20 Lakh and a paid-up capital of ₹16.1 Lakh.

Aspi Casting reported a net profit of ₹1.77 Lakh (net margin 0.4%) and EBITDA of ₹2.2 Lakh (EBITDA margin 0.5%) for FY 2023, as per its filed financial statements.

The GSTIN of Aspi Casting is 24AACCA0244K1Z3, registered in Gujarat.

Aspi Casting operated in the metals and minerals industry, in the metal manufacturing and processing segment.

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