About Asscher Enterprises Limited
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Asscher Enterprises Limited is a public limited company based in Pune, Maharashtra, India, a subsidiary of Vishkul Enterprises Private Limited. It operates in the diversified financial services segment of the financial services sector. It was incorporated on 24 July 1995 and has been in existence for over 31 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U29000PN1995PLC090946. Its GSTIN is 27AAACI3891C1ZP (Maharashtra).
The company has an authorised share capital of ₹12 Cr and a paid-up capital of ₹10.28 Cr. It was formerly known as Indian Seamless Enterprises Limited. It is led by directors including Baldevraj Topanram Taneja (Managing Director) and Vilas Changdev Raut (Whole-Time Director).
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 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. For the same year it recorded a net profit of ₹11.62 Cr (net margin 18%) and EBITDA of ₹29.68 Cr (EBITDA margin 46.1%). Revenue has grown at a compounded annual rate (CAGR) of 14% over three years and 5% over five years.
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. Court records list 6 cases involving the company, including 5 filed by the company and 1 filed against it. The company has 1 deal on record (1 rights issue); the latest was in January 2008.
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.
Company details
Contact details
Asscher Enterprises Limited's registered office is in Pune, Maharashtra. Its website is isel.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- 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
To see the full contact details of Asscher Enterprises 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
Brands
Asscher Enterprises operates one associated brand: Indian Seamless Enterprises Limited. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Steel manufacturing and seamless tube production in India. | isel.co.in |
Financials of Asscher Enterprises Limited
FY 2025 filings availableAsscher Enterprises Limited reported revenue of ₹64.4 Cr (up 79% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 5% over five years, including 79% growth in the latest year. EBITDA rose 52% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹29.68 Cr | ||||
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| Net Profit (PAT) | ₹11.62 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 46.1% | ||||
| Net Profit Margin | 18% | ||||
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To see the full financial statements and ratios of Asscher Enterprises Limited, buy the company report.
Board of directors of Asscher Enterprises Limited
Asscher Enterprises has 6 current directors and 15 former directors. Current directors are listed first, with their designation and appointment date.
| 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 | 28 Years 2 Months | Current |
| Dhananjay Prabhune Also directs: Verolt Technologies Private Limited | Director | 30 Aug 2021 | 5 Years 1 Months | Current |
| Rajesh Shevantilal Shah Also directs: Verolt Technologies Private Limited | Director | 30 Aug 2021 | 5 Years 1 Months | Current |
| Baldevraj Topanram Taneja | Managing Director | 01 Apr 2022 | 4 Years 6 Months | Current |
| Vijaykumar Gangadhar Ravetkar | Director | 02 May 2016 | 10 Years 5 Months | Current |
| Vilas Changdev Raut | Whole-Time Director | 16 Aug 2024 | 2 Years 2 Months | Current |
Auditor
Asscher Enterprises Limited is audited by V.K. Paradkar & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| V.K. Paradkar & CO | FY 2023 | 120527W |
Shareholding
The shareholding of Asscher Enterprises Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Asscher Enterprises Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 16 Oct 2025 | 101173881 | Hdfc Bank Limited | ₹32 Cr | Open | |
| 24 Jan 2019 | 100236492 | Others | ₹60 Lakh | Satisfied | |
| 19 Mar 2018 | 100177469 | Others | ₹5 Cr | Satisfied | |
| 24 Mar 2015 | 10561325 | Others | ₹6 Cr | Satisfied | |
| 14 Aug 2003 | 90093916 | Kalyant Steels Limited | ₹13 Cr | Satisfied |
To see the full charge records of Asscher Enterprises Limited, buy the company report.
Total charge records: 5 View all charges
Deals & funding
Asscher Enterprises Limited has 1 deal on record (1 rights issue); the latest was in January 2008.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jan 2008 | Rights issue | ₹31.28 Cr | Investors: Others - Indian Seamless Enterprises Limited, Fe Securities Private Limited , 2 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Asscher Enterprises Limited has 6 court cases on record: 5 filed by Asscher Enterprises, 1 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 6 | 1 | 0 |
Cases on record (5 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Appeal | Filed against the company by Palatial Estates Pvt. Ltd. | Disposed |
| Bombay High Court | Appeal | Filed by the company against Acute Investments P.Ltd. With Indian Seamless Enterprises Ltd. and 1 other | Disposed |
| Bombay High Court | Court case (CSD) | Filed by the company against an individual | Disposed |
| Bombay High Court | Court case (CSP) | Filed by the company | Disposed |
| Bombay High Court | Appeal | Filed by the company | Disposed |
To see the full case history of Asscher Enterprises 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 Asscher Enterprises Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Asscher Enterprises has 2 subsidiary companies. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Taneja Aerospace and Aviation Ltd | L62200TZ1988PLC014460 | |
| Laurus Tradecon Private Limited | U51909PN2007PTC130869 |
To see the full group structure of Asscher Enterprises Limited, buy the company report.
GST
Asscher Enterprises has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACI3891C1ZP | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Asscher Enterprises Limited, buy the company report.
Recent activity
Asscher Enterprises Limited has 17 board changes on record since 1998: 6 appointments and 11 cessations. The latest: Vilas Changdev Raut was appointed as Whole-Time Director on 16 Aug 2024.
20 earlier events are in the company report.
Frequently asked questions
Asscher Enterprises is an active public limited company based in Pune, Maharashtra, India. The company works in diversified financial services, within the financial services industry. It was incorporated on 24 July 1995 (31+ years old) and is registered under CIN U29000PN1995PLC090946.
Asscher Enterprises has 6 current directors:
- Baldevraj Topanram Taneja - Managing Director
- Vilas Changdev Raut - Whole-Time Director
- Narayan Vithal Karbhase - Director
- Dhananjay Prabhune - Director
- Rajesh Shevantilal Shah - Director
- Vijaykumar Gangadhar Ravetkar - Director
The latest financial statements of Asscher Enterprises on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 29 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Asscher Enterprises is 27AAACI3891C1ZP, registered in Maharashtra.
The CIN (Corporate Identification Number) of Asscher Enterprises is U29000PN1995PLC090946. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Asscher Enterprises has 6 court cases on record: 5 filed by the company and 1 filed against it.
Asscher Enterprises was incorporated on 24 July 1995, making it 31+ years old. It is registered with the Registrar of Companies, Pune.
Asscher Enterprises has 1 deal on record (1 rights issue); the latest was in January 2008.
Vilas Changdev Raut was appointed as Whole-Time Director on 16 Aug 2024. Vilas Changdev Raut ceased to be Additional Director on 16 Aug 2024. Baldevraj Topanram Taneja was appointed as Managing Director on 01 Apr 2022. Asscher Enterprises has 17 board changes on record in total.
Asscher Enterprises can be reached through the website isel.co.in. Its registered office is in Pune, Maharashtra, India.