- Category
- Micro (2024-25)
- Udyam number
- UDYAM-GJ-22-0089527

Astham Industries Private Limited
About Astham Industries Private Limited
Data last updated:
Astham Industries Private Limited is a private limited company based in Surat, Gujarat, India. It operates in the metals retail and distribution segment of the metals and mining sector. It was incorporated on 14 August 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U45309GJ2018PTC103640. Its GSTIN is 24AARCA2040G1ZZ (Gujarat).
The company has an authorised share capital of ₹7 Cr and a paid-up capital of ₹7 Cr. It is led by directors including Daxit Harshadbhai Pipariya and Ashishbhai Bhagvanjibhai Pipariya.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 419 – 4/Fl Ambyvelly Arcade Utran, Surat, Gujarat, India – 394105.
As per the financials filed for FY 2024, the company reported a revenue of ₹3.84 Cr, a growth of 76% compared to the previous year. For the same year it recorded a net profit of ₹6.64 Lakh (net margin 1.7%) and EBITDA of ₹9.05 Lakh (EBITDA margin 2.4%). Revenue has grown at a compounded annual rate (CAGR) of 266% over three years.
As per MCA filings, the company has open charges of ₹18.9 Cr on record.
Astham Industries Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-22-0089527). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Recognitions & Rankings of Astham Industries
Contact details
Astham Industries Private Limited's registered office is in Surat, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address419 – 4/Fl Ambyvelly Arcade Utran, Surat, Gujarat, India – 394105
- IndustryMetals and Minerals, Metal Retail & Distribution
To see the full contact details of Astham Industries 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 Astham Industries 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 Astham Industries Private Limited, buy the company report.
Financials of Astham Industries Private Limited
FY 2025 filings availableAstham Industries Private Limited reported revenue of ₹3.84 Cr (up 76% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 266% over three years, including 76% growth in the latest year. EBITDA rose 369% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | ₹9.05 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹6.64 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 2.4% | ||||
| Net Profit Margin | 1.7% | ||||
| 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 Astham Industries Private Limited, buy the company report.
Board of directors of Astham Industries Private Limited
Astham Industries has 8 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Daxit Harshadbhai Pipariya | Director | 14 Aug 2018 | 8 Years 2 Months | Current |
| Ashishbhai Bhagvanjibhai Pipariya | Director | 14 Aug 2018 | 8 Years 2 Months | Current |
| Ajay Harshadbhai Pipariya | Director | 24 Nov 2018 | 7 Years 11 Months | Current |
| Babubhai Laljibhai Pipariya | Director | 24 Nov 2018 | 7 Years 11 Months | Current |
| Chandresh Bhagvanjibhai Pipariya | Director | 24 Nov 2018 | 7 Years 11 Months | Current |
| Jayeshbhai Nagjibhai Pipariya | Director | 24 Nov 2018 | 7 Years 11 Months | Current |
Auditor
Astham Industries Private Limited is audited by BAKUL SANDIP & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| BAKUL SANDIP & CO. | FY 2023 | 114552W |
Shareholding
The shareholding of Astham Industries Private 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 Astham Industries Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 15 Nov 2025 | 101197660 | State Bank of India | ₹18.9 Cr | Open |
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Astham Industries Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Astham Industries Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Astham Industries has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AARCA2040G1ZZ | Gujarat | Active | 16 Feb 2019 |
To see the full GST registrations and return filing status of Astham Industries Private Limited, buy the company report.
Recent activity
Astham Industries Private Limited has 8 board changes on record since 2018: 8 appointments. The latest: Ajay Harshadbhai Pipariya was appointed as Director on 24 Nov 2018.
Frequently asked questions
Astham Industries is an active private limited company based in Surat, Gujarat, India. The company works in metal retail and distribution, within the metals and minerals industry. It was incorporated on 14 August 2018 (8+ years old) and is registered under CIN U45309GJ2018PTC103640.
Astham Industries has 8 current directors:
- Daxit Harshadbhai Pipariya - Director
- Ashishbhai Bhagvanjibhai Pipariya - Director
- Ajay Harshadbhai Pipariya - Director
- Babubhai Laljibhai Pipariya - Director
- Chandresh Bhagvanjibhai Pipariya - Director
- Jayeshbhai Nagjibhai Pipariya - Director
- Vinodbhai Pipariya Laljibhai - Director
- Vishal Nagjibhai Pipariya - Director
The latest financial statements of Astham Industries on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2019 are in the company report.
The GSTIN of Astham Industries is 24AARCA2040G1ZZ, registered in Gujarat.
The CIN (Corporate Identification Number) of Astham Industries is U45309GJ2018PTC103640. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Astham Industries was incorporated on 14 August 2018, making it 8+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Ajay Harshadbhai Pipariya was appointed as Director on 24 Nov 2018. Babubhai Laljibhai Pipariya was appointed as Director on 24 Nov 2018. Chandresh Bhagvanjibhai Pipariya was appointed as Director on 24 Nov 2018. Astham Industries has 8 board changes on record in total.
Yes, Astham Industries is registered as a micro enterprise under Udyam registration (number: UDYAM-GJ-22-0089527).
The registered office of Astham Industries is at 419 – 4Fl Ambyvelly Arcade Utran, Surat, Gujarat, India – 394105.
Astham Industries operates in the metals and minerals industry, in the metal retail and distribution segment.

