Astral Limited - Company Profile

Q: Where is Astral Limited headquartered?

Astral Limited is headquartered at Astralhouse,2071,BHrajpathclub,Offs.G.Highway, Ahmedabad, Gujarat, 380059.

Q: Who are the current directors of Astral Limited?

The current directors of Astral Limited are Girish Bhanubhai Joshi, Tanvi Vishal Rangwala, Sandeep Pravinbhai Engineer, Jagruti Sandeep Engineer, Kairav Sandeep Engineer, Hiranand Asandas Savlani, Chintankumar Mahendrabhai Patel, Viral Maheshbhai Jhaveri, Dhinal Ashvinbhai Shah, Chikmagalur Kalasheety Gopal, Chetas Gulabbhai Desai, Rajendra Kishore Mariwala.

It is a manufacturing public limited company based in Ahmedabad, Gujarat, India, established in 1996.

1996 Ahmedabad, Gujarat, India Active

Last Updated: January 06, 2026

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About Astral Limited

Astral Limited, a active public limited company, was established on 25 March 1996 in Ahmedabad, Gujarat, India. Engaging in pipe & tubes within the manufacturing sector, it holds CIN: L25200GJ1996PLC029134. Registered under ROC Roc Ahmedabad. it is listed on BSE: 532830 and NSE: ASTRAL. It has an authorized capital of ₹50.00 Cr and a paid-up capital of ₹26.87 Cr.

Formerly known as Astral Poly Technik Limited, Astral Poly Technik Private Limited. It upholds a compliant status. In 2023, it reported revenue of ₹4,635.50 Cr and a net worth of ₹2,679.26 Cr. Employing 2,788 professional, Its leadership includes Girish Bhanubhai Joshi (Whole-Time Director), Tanvi Vishal Rangwala (Additional Director), Sandeep Pravinbhai Engineer (Managing Director). Past directors included Katapadi Raghunath Shenoy, Kyle Anthony Thompson, Nirav Kirankumarshah. It holds ₹170.00 Cr open charges and ₹352.77 Cr settled loans. Its latest AGM occurred on 25 August 2025, with the balance sheet filed on 31 March 2025. It is based at Astralhouse,207/1,B/Hrajpathclub,Offs.G.Highway, Ahmedabad, Gujarat, 380059.

Company Details

CIN/LLPIN
L25200GJ1996PLC029134
Registration Number
029134
Incorporation Date
25 March 1996
Authorized Capital
₹50.00 Cr
Paid-Up Capital
₹26.87 Cr
ROC Code
Roc Ahmedabad
Listing Status
Listed (BSE: 532830, NSE: ASTRAL)
Company Status
Active

Key Metrics

Authorised Capital ₹ 50.00 Cr as on 06-01-2026
Paid Up Capital ₹ 26.87 Cr as on 06-01-2026
Company Age 29 Year, 10 Months
Last Filing with ROC 31 Mar 2025
Open Charges ₹ 170.00 Cr as on 06-01-2026
Satisfied Charges ₹ 352.77 Cr as on 06-01-2026
Revenue Growth **** 33.56% (FY 2023)
Profit Growth **** 10.65% (FY 2023)
Ebitda **** 18.28% (FY 2023)
Net Worth 33.54% (FY 2023)
Total Assets **** 30.08% (FY 2023)

Comprehensive Company Insights

Explore comprehensive insights into Astral Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Astral Limited?

Current Directors

Name	Designation	Appointment Date	Status
Girish Bhanubhai Joshi	Whole-Time Director	01 Jul 2021	Current
Tanvi Vishal Rangwala	Additional Director	15 Jul 2025	Current
Sandeep Pravinbhai Engineer	Managing Director	25 Mar 1996	Current
Jagruti Sandeep Engineer	Whole-Time Director	25 Mar 1996	Current
Kairav Sandeep Engineer	Whole-Time Director	01 Jul 2023	Current
Hiranand Asandas Savlani	Cfo	18 Jul 2014	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Director	25 Aug 2020	Past
Pramod Abcsdd	Director	09 Jul 2020	Past
Pramod Abcsdd	Company Secretary	25 Aug 2010	Past
Pramod Abcsdd	Additional Director	31 Aug 2021	Past
Pramod Abcsdd	Additional Director	02 Aug 2019	Past
Pramod Abcsdd	Additional Director	10 Aug 2023	Past

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Financial Performance of Astral.

Astral Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 33.56% increase. The company also saw a substantial improvement in profitability, with a 10.65% increase in profit. The company's net worth Soared by an impressive increase of 33.54%.

Date	Amount	Transaction Name	Valuation	Lead Investors	Investors
Jul, 2021	Amount	Post-IPO - Grab	Valuation	investors	Emtek
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners
Jan, 2021	Amount	Post-IPO - Grab	Valuation	investors	Hana Financial Group , GGV Capital
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners

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Key Matrics
Balance Sheet
Profit and Loss
Cash Flow
Ratios

Metrics

(FY 2023)

YOY Growth

(FY 2022)

(FY 2021)

(FY 2020)

(FY 2019)

Total Revenue

********

33.56%

*******

Revenue from Operations

*******

33.93%

*******

Total Assets

*******

30.08%

*******

Profit or Loss

*******

10.65%

*******

Net Worth

*******

33.54%

*******

EBITDA

*******

18.28%

*******

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What is the Ownership and Shareholding Structure of Astral?

In 2023, Astral had a promoter holding of 55.85% and a public holding of 44.15%. The company had 4 Subsidiaries. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)

Promoters: 92.83%
Public: 4.10%
Others: 3.07%

Shareholding Pattern over the Year

	FY (2024)	FY (2023)	FY (2022)	FY (2021)	FY (2020)
Promoters	92.83	94.62	94.55	94.55	94.55
Public	4.10	3.89	3.95	3.96	3.98
Others	3.07	1.49	1.50	1.49	1.47

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Charges (Loans)

Open Charges

₹1,700,000,000.00

Satisfied Charges

₹3,527,707,015.00

Charges Breakdown by Lending Institutions

The Hongkong And Shanghai Banking Corporation Limited : 100.00 Cr
Standard Chartered Bank : 30.00 Cr
Others : 25.00 Cr
Idbi Trusteeship Services Limited : 15.00 Cr

Latest Charge Details

Date	Lender	Amount	Status
24 Jan 2015	The Hongkong And Shanghai Banking Corporation Limited	₹100.00 Cr	Open
02 Jul 2013	Others	₹25.00 Cr	Open
13 Sep 2011	Idbi Trusteeship Services Limited	₹15.00 Cr	Open
03 Mar 2008	Standard Chartered Bank	₹30.00 Cr	Open
30 May 2019	Axis Bank Limited	₹1.77 Cr	Satisfied

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How Many Employees Work at Astral?

Astral has a workforce of 2788 employees as of Apr 10, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee Date	Number of Employees
2020	78,000
2021	80,500
2022	83,200
2023	86,000
2024	89,500
2025	92,000

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Deals i

Gain comprehensive insights into the Deals and Valuation data of Astral, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Astral's trajectory.

Rating

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on Astral

Recent Activity within the Organization

Annual General Meeting

Progress on Astral Limited last Annual general meeting of members was held on 25 Aug 2025 as per latest MCA records. was documented.
25 Aug 2025
Director Appointment

Progress on Tanvi Vishal Rangwala was appointed as a Additional Director was appointed as a Additional Director on 15 Jul 2025 & has been associated with this company since 6 months 19 days . was documented.
15 Jul 2025
Director Appointment

The activity Rajendra Kishore Mariwala was appointed as a Director was appointed as a Director on 15 Jul 2025 & has been associated with this company since 6 months 19 days . was completed.
15 Jul 2025
Balance Sheet

Progress on Astral Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad. was documented.
31 Mar 2025
Director Appointment

Chintankumar Mahendrabhai Patel was appointed as a Company Secretary was appointed as a Company Secretary on 11 Nov 2024 & has been associated with this company since 1 year 2 months . was recorded as a recent event.
11 Nov 2024
Director Appointment

Hiranand Asandas Savlani was appointed as a CFO was appointed as a CFO on 26 Jul 2023 & has been associated with this company since 2 years 6 months . was recorded as a recent event.
26 Jul 2023

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