About Asscher Enterprises Limited
Data last updated: 23 December 2025
Asscher Enterprises Limited is a public limited company based in Pune, Maharashtra, India, a subsidiary of Vishkul Enterprises Private Limited. It specialises in diversified financial services, a part of the broader financial services sector. Incorporated on 24 July 1995, the company has been in operation for over 31 years.
Registered with ROC Pune under CIN U29000PN1995PLC090946.
Capital: an authorised share capital of ₹12 Cr and a paid-up capital of ₹10.28 Cr. Formerly known as Indian Seamless Enterprises Limited. It is led by directors including Narayan Vithal Karbhase and Dhananjay Prabhune.
Last AGM: 29 September 2025. Financial statements filed for year ended 31 March 2025. Office: Pune, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹64.4 Cr, a growth of 79% compared to the previous year.
It operates as a subsidiary of Vishkul Enterprises Private Limited. Its group structure includes 2 subsidiaries.
The company is associated with 1 brand - Indian Seamless Enterprises Limited. As per MCA filings, the company has open charges of ₹32 Cr and satisfied charges of ₹24.6 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website isel.co.in.
-
Email*****@*****.com
-
Telephone+91-****-******
-
Website
-
Social Media**************
-
Registered Address503 5Th Floor Lunkad Sky Station Co – Operative Premises Society Ltd Plot No.109 Viman, Nagar, Pune, Maharashtra, India – 411014
-
IndustryFinancial Services, Diversified Financial Services
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
Associated Brands with Asscher Enterprises Limited
Asscher Enterprises Limited operates one associated brand: Indian Seamless Enterprises Limited. These brands represent Asscher Enterprises Limited's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| Steel manufacturing and seamless tube production in India. | isel.co.in |
Auditor Details of Asscher Enterprises Limited
Asscher Enterprises Limited is audited by V.K. Paradkar & CO for the financial year 2023. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| V.K. Paradkar & CO | blur-value | blur-value | blur-value |
Board of Directors of Asscher Enterprises Limited
Asscher Enterprises Limited is currently managed by 9 directors, with 15 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
|
Narayan Vithal Karbhase
Also directs:
Taal Tech Limited, Sarod Reality Private Limited, Verolt Technologies Private Limited and 1 more
|
Director | 10 Aug 1998 | 27 Years 11 Months | Current |
|
Dhananjay Prabhune
Also directs:
Verolt Technologies Private Limited
|
Director | 30 Aug 2021 | 4 Years 10 Months | Current |
|
Rajesh Shevantilal Shah
Also directs:
Verolt Technologies Private Limited
|
Director | 30 Aug 2021 | 4 Years 10 Months | Current |
| Baldevraj Topanram Taneja | Managing Director | 01 Apr 2022 | 4 Years 3 Months | Current |
| Vijaykumar Gangadhar Ravetkar | Director | 02 May 2016 | 10 Years 2 Months | Current |
| Vilas Changdev Raut | Whole-Time Director | 16 Aug 2024 | 1 Years 10 Months | Current |
Financials of Asscher Enterprises Limited FY 2025 filings available
Asscher Enterprises Limited reported revenue of ₹64.4 Cr (up 79% YoY) for FY 2025. Profit growth despite declining revenue indicates effective cost management and margin discipline.
| Metrics | ***** | ***** | ***** | ***** | ***** |
|---|---|---|---|---|---|
| Revenue | |||||
| Revenue from Operations | ***** | ***** | ***** | ***** | ***** |
| Revenue Growth % | ***** | ***** | ***** | ***** | ***** |
| Other Income | ***** | ***** | ***** | ***** | ***** |
| Total Revenue | ***** | ***** | ***** | ***** | ***** |
| Expenses | |||||
| Total Expenses | ***** | ***** | ***** | ***** | ***** |
| Raw Material Cost | ***** | ***** | ***** | ***** | ***** |
| Change in Inventory FG | ***** | ***** | ***** | ***** | ***** |
| Change in Inventory WIP | ***** | ***** | ***** | ***** | ***** |
| Purchase of Traded Goods | ***** | ***** | ***** | ***** | ***** |
| Employee Cost | ***** | ***** | ***** | ***** | ***** |
| Managerial Remuneration | ***** | ***** | ***** | ***** | ***** |
| Audit Fees | ***** | ***** | ***** | ***** | ***** |
| Insurance | ***** | ***** | ***** | ***** | ***** |
| Power & Fuel | ***** | ***** | ***** | ***** | ***** |
| Interest | ***** | ***** | ***** | ***** | ***** |
| Depreciation | ***** | ***** | ***** | ***** | ***** |
| Other Expenses | ***** | ***** | ***** | ***** | ***** |
| Profitability | |||||
| EBITDA (Operating Profit) | ***** | ***** | ***** | ***** | ***** |
| Operating Margin % | ***** | ***** | ***** | ***** | ***** |
| Exceptional Items | ***** | ***** | ***** | ***** | ***** |
| Extraordinary Items | ***** | ***** | ***** | ***** | ***** |
| Profit Before Exceptional & Extraordinary Items | ***** | ***** | ***** | ***** | ***** |
| Profit Before Tax | ***** | ***** | ***** | ***** | ***** |
| Tax & Net Profit | |||||
| Tax Expense | ***** | ***** | ***** | ***** | ***** |
| Current Tax | ***** | ***** | ***** | ***** | ***** |
| Deferred Tax | ***** | ***** | ***** | ***** | ***** |
| Profit from Discontinued Operations | ***** | ***** | ***** | ***** | ***** |
| Tax on Discontinued Operations | ***** | ***** | ***** | ***** | ***** |
| Profit | ***** | ***** | ***** | ***** | ***** |
| Net Margin % | ***** | ***** | ***** | ***** | ***** |
| Metrics | ***** | ***** | ***** | ***** | ***** |
|---|---|---|---|---|---|
| Shareholders' Funds | |||||
| Total Shareholders' Funds | ***** | ***** | ***** | ***** | ***** |
| Equity Capital | ***** | ***** | ***** | ***** | ***** |
| Reserves & Surplus | ***** | ***** | ***** | ***** | ***** |
| Money Against Warrants | ***** | ***** | ***** | ***** | ***** |
| Other Equity | ***** | ***** | ***** | ***** | ***** |
| Non-Current Liabilities | |||||
| Total Non-Current Liabilities | ***** | ***** | ***** | ***** | ***** |
| Long-Term Borrowings | ***** | ***** | ***** | ***** | ***** |
| Deferred Tax Liabilities | ***** | ***** | ***** | ***** | ***** |
| Other Non-Current Liabilities | ***** | ***** | ***** | ***** | ***** |
| Long-Term Provisions | ***** | ***** | ***** | ***** | ***** |
| Current Liabilities | |||||
| Total Current Liabilities | ***** | ***** | ***** | ***** | ***** |
| Short-Term Borrowings | ***** | ***** | ***** | ***** | ***** |
| Trade Payables | ***** | ***** | ***** | ***** | ***** |
| Other Current Liabilities | ***** | ***** | ***** | ***** | ***** |
| Short-Term Provisions | ***** | ***** | ***** | ***** | ***** |
| Total Equity & Liabilities | ***** | ***** | ***** | ***** | ***** |
| Non-Current Assets | |||||
| Non-Current Assets | ***** | ***** | ***** | ***** | ***** |
| Tangible Assets | ***** | ***** | ***** | ***** | ***** |
| Intangible Assets | ***** | ***** | ***** | ***** | ***** |
| Capital WIP | ***** | ***** | ***** | ***** | ***** |
| Intangibles Under Dev | ***** | ***** | ***** | ***** | ***** |
| Investments | ***** | ***** | ***** | ***** | ***** |
| Deferred Tax Assets | ***** | ***** | ***** | ***** | ***** |
| LT Loans & Advances | ***** | ***** | ***** | ***** | ***** |
| Other Non-Current Assets | ***** | ***** | ***** | ***** | ***** |
| Current Assets | |||||
| Current Assets | ***** | ***** | ***** | ***** | ***** |
| Current Investments | ***** | ***** | ***** | ***** | ***** |
| Inventories | ***** | ***** | ***** | ***** | ***** |
| Trade Receivables | ***** | ***** | ***** | ***** | ***** |
| Cash & Bank Balance | ***** | ***** | ***** | ***** | ***** |
| ST Loans & Advances | ***** | ***** | ***** | ***** | ***** |
| Other Current Assets | ***** | ***** | ***** | ***** | ***** |
| Total Assets | ***** | ***** | ***** | ***** | ***** |
| Metrics | ***** | ***** | ***** | ***** | ***** |
|---|---|---|---|---|---|
| Cash from Operating Activities (CFO) | |||||
| Profit Before Tax | ***** | ***** | ***** | ***** | ***** |
| Non-Cash Adjustments | ***** | ***** | ***** | ***** | ***** |
| + Interest Expense | ***** | ***** | ***** | ***** | ***** |
| + Depreciation | ***** | ***** | ***** | ***** | ***** |
| +/- Unrealized Forex | ***** | ***** | ***** | ***** | ***** |
| - Dividend Income | ***** | ***** | ***** | ***** | ***** |
| - Interest Income | ***** | ***** | ***** | ***** | ***** |
| +/- Other Non-Cash Items | ***** | ***** | ***** | ***** | ***** |
| Changes in Working Capital | ***** | ***** | ***** | ***** | ***** |
| +/- Inventory | ***** | ***** | ***** | ***** | ***** |
| +/- Debtors | ***** | ***** | ***** | ***** | ***** |
| +/- Creditors | ***** | ***** | ***** | ***** | ***** |
| Reconciliation Adjustments | ***** | ***** | ***** | ***** | ***** |
| Cash Generated from Operations | ***** | ***** | ***** | ***** | ***** |
| Income Taxes Paid | ***** | ***** | ***** | ***** | ***** |
| Net CFO (Cash from Operations) | ***** | ***** | ***** | ***** | ***** |
| Cash from Investing Activities (CFI) | |||||
| Acquisitions & Disposals | ***** | ***** | ***** | ***** | ***** |
| Disposal of Subsidiaries | ***** | ***** | ***** | ***** | ***** |
| Acquisition of Subsidiaries | ***** | ***** | ***** | ***** | ***** |
| Capex | ***** | ***** | ***** | ***** | ***** |
| Purchase of Fixed Assets | ***** | ***** | ***** | ***** | ***** |
| Sale of Fixed Assets | ***** | ***** | ***** | ***** | ***** |
| Other Investing Cash Flows | ***** | ***** | ***** | ***** | ***** |
| Net CFI (Cash from Investing) | ***** | ***** | ***** | ***** | ***** |
| Cash from Financing Activities (CFF) | |||||
| Equity Issuance | ***** | ***** | ***** | ***** | ***** |
| Debt Raised | ***** | ***** | ***** | ***** | ***** |
| Debt Repaid | ***** | ***** | ***** | ***** | ***** |
| Dividends Paid | ***** | ***** | ***** | ***** | ***** |
| Interest Paid | ***** | ***** | ***** | ***** | ***** |
| Net CFF (Cash from Financing) | ***** | ***** | ***** | ***** | ***** |
| Net Cash Position | |||||
| Net Change in Cash (Pre-Forex) | ***** | ***** | ***** | ***** | ***** |
| Closing Cash & Equivalents | ***** | ***** | ***** | ***** | ***** |
| Metrics | ***** | ***** | ***** | ***** | ***** |
|---|---|---|---|---|---|
| Liquidity | |||||
| Current Ratio | ***** | ***** | ***** | ***** | ***** |
| Quick Ratio | ***** | ***** | ***** | ***** | ***** |
| Cash Ratio | ***** | ***** | ***** | ***** | ***** |
| Efficiency | |||||
| Inventory Days | ***** | ***** | ***** | ***** | ***** |
| Debtor Days | ***** | ***** | ***** | ***** | ***** |
| Creditor Days | ***** | ***** | ***** | ***** | ***** |
| Cash Conversion Cycle | ***** | ***** | ***** | ***** | ***** |
| Asset Turnover | ***** | ***** | ***** | ***** | ***** |
| Profitability | |||||
| Net Profit Margin % | ***** | ***** | ***** | ***** | ***** |
| Operating Margin % | ***** | ***** | ***** | ***** | ***** |
| ROE % | ***** | ***** | ***** | ***** | ***** |
| ROCE % | ***** | ***** | ***** | ***** | ***** |
| Net Worth Margin % | ***** | ***** | ***** | ***** | ***** |
| Growth | |||||
| Revenue Growth % | ***** | ***** | ***** | ***** | ***** |
| Leverage | |||||
| Equity Multiplier | ***** | ***** | ***** | ***** | ***** |
| Debt / EBITDA | ***** | ***** | ***** | ***** | ***** |
| Solvency | |||||
| D/E Ratio | ***** | ***** | ***** | ***** | ***** |
| ICR | ***** | ***** | ***** | ***** | ***** |
Consolidated Statements
Income Statement, Balance Sheet, Cash Flow & Ratios available in the full report.
Shareholding Pattern of Asscher Enterprises Limited
As of FY 2023, Asscher Enterprises Limited's shareholding pattern shows 77.01% by promoters, 4.41% by domestic institutional investors (DII), 15.25% by public shareholders, 3.33% by others. The promoters hold a majority stake, indicating strong promoter control.
| Year | 2025 |
|---|---|
| Promoters | 33.19% |
| DII | 23.22% |
| FII | 18.28% |
| Public | 22.89% |
| Others | 2.42% |
Group Structure of Asscher Enterprises Limited
Asscher Enterprises Limited has 2 subsidiary companies. This group structure data is as of FY 2023. The corporate group structure reflects Asscher Enterprises Limited's business expansion strategy and organizational complexity.
| Company Name | CIN | Shares Held |
|---|---|---|
| Taneja Aerospace And Aviation Ltd | L62200TZ1988PLC014460 |
**.**%
|
| Laurus Tradecon Private Limited | U51909PN2007PTC130869 |
**.**%
|
Showing major subsidiaries. Total: 2.
Charges & Borrowings of Asscher Enterprises Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 16 Oct 2025 | Hdfc Bank Limited | ₹32 Cr | Open |
| 24 Jan 2019 | Others | ₹60 Lakh | Satisfied |
| 19 Mar 2018 | Others | ₹5 Cr | Satisfied |
| 24 Mar 2015 | Others | ₹6 Cr | Satisfied |
| 14 Aug 2003 | Kalyant Steels Limited | ₹13 Cr | Satisfied |
Total charge records: 5 View all charges
Employees and EPFO Compliance at Asscher Enterprises Limited
View historical data on people associated with Asscher Enterprises Limited, including employment history and EPFO contributions.
Employee Count & EPFO Data of Asscher Enterprises Limited
Access employee headcount trends, monthly PF payment records, EPFO establishment details, and compliance data.
GST Compliance of Asscher Enterprises Limited
GSTIN & GST Filing Data of Asscher Enterprises Limited
Access GSTIN registrations, state-wise filing compliance, HSN/SAC codes, and detailed goods & services data.
Credit Ratings, Litigation & Regulatory Alerts for Asscher Enterprises Limited
Credit Ratings, Legal Cases & Regulatory Alerts of Asscher Enterprises Limited
Access complete credit rating history, litigation records, regulatory alerts, and compliance data.
MSME Payment Delays by Asscher Enterprises Limited
MSME Payment Delays by Asscher Enterprises Limited
Track payments outstanding to micro and small enterprise vendors, as disclosed in half-yearly MSME-1 returns filed with the MCA.
Subsidiaries & Group Companies of Asscher Enterprises Limited
Subsidiaries & Group Companies of Asscher Enterprises Limited
See the full corporate group - holding company, subsidiaries, associates and joint ventures of Asscher Enterprises Limited with ownership details.
MCA Filings & Documents of Asscher Enterprises Limited
MCA Filings & Documents of Asscher Enterprises Limited
Download official documents filed with the Ministry of Corporate Affairs - from incorporation papers to the latest annual filings.
Recent Activity on Asscher Enterprises Limited
Frequently Asked Questions about Asscher Enterprises Limited
Asscher Enterprises Limited is an active public limited company in the financial services sector based in Pune, Maharashtra, India. It was incorporated on 24 July 1995 (31+ years old) and is registered under CIN U29000PN1995PLC090946.
Asscher Enterprises Limited reported revenue of ₹64.4 Cr for FY 2025 (up 79.00% YoY).
The current directors of Asscher Enterprises Limited are:
- Narayan Vithal Karbhase
- Rajendra Krishnat Mangrulkar
- Dhananjay Prabhune
- Rajesh Shevantilal Shah
- Baldevraj Topanram Taneja
- Vijaykumar Gangadhar Ravetkar
- Vilas Changdev Raut
- Vilas Changdev Raut
- Amruta Jeevan Joshi
The primary industry of Asscher Enterprises Limited is financial services. The company specifically operates in diversified financial services. The company is currently active in this sector.
Asscher Enterprises Limited can be reached at the registered office: 503 5Th Floor Lunkad Sky Station Co – Operative Premises Society Ltd Plot No.109 Viman, Nagar, Pune, Maharashtra, India – 411014, or through the website isel.co.in.
The authorised capital is ₹12 Cr, and the paid-up capital is ₹10.28 Cr.