Asvik Valves Private Limited
About Asvik Valves Private Limited
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Asvik Valves Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the metal foundry and fabrication services segment of the engineering sector. It was incorporated on 24 September 1992 and has been in existence for over 34 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U29120MH1992PTC068712. The company has 2 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹15.67 Lakh. It was formerly known as Diaval Internationalprivate Limited and Asvik Valves Pvt Ltd. It is led by directors Gautam Vishanji Vora and Ashok Vishanji Vora.
Its last annual general meeting (AGM) was held on 19 August 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Block No.5 2nd Floor Plot 191A Kanchan Villa Sion Road No. 25B Gujarat Society Sion, Mumbai, Maharashtra, India – 400022.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.63 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹3.22 Lakh (net margin -197.8%) and EBITDA of -₹26,337 (EBITDA margin -16.2%). Revenue has declined at a compounded annual rate (CAGR) of 80% over three years and 48% over five years.
As per MCA filings, the company has open charges of ₹54 Lakh and satisfied charges of ₹55.25 Lakh on record.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered AddressBlock No.5 2nd Floor Plot 191A Kanchan Villa Sion Road No. 25B Gujarat Society Sion, Mumbai, Maharashtra, India – 400022
- IndustryEngineering, Metal Foundry & Fabrication Services
- 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
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Business Activity of Asvik Valves Private Limited
The main business activity of Asvik Valves is manufacturing. In detail, this covers other manufacturing.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | 32 | Other manufacturing | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Asvik Valves Private Limited FY 2025 filings available
Asvik Valves Private Limited reported revenue of ₹1.63 Lakh (up 3001% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Asvik Valves Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 48% over five years. EBITDA rose 90% 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 Asvik Valves Private Limited
| 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 | -₹26,337 | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹3.22 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 Asvik Valves Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -16.2% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -197.8% | •••• | •••• | •••• | •••• |
| 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 Asvik Valves are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Asvik Valves Private Limited
Asvik Valves Private Limited is compared with the companies closest to it by revenue in the Machinery and Equipment industry (Control Valves, Foundry and Fabrication, Pumps). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Best Metals Private Limited | ₹1.66 Lakh (FY 2022) | •••• | •••• | 32.0% | •••• | New Delhi, Delhi, India |
| Dhanada Engineering Private Limited | ₹1.65 Lakh (FY 2021) | •••• | •••• | 6.0% | •••• | Pune, Maharashtra, India |
| Iyappa Aluminium Solutions Private Limited | ₹1.65 Lakh (FY 2024) | •••• | •••• | •••• | Sankari, Tamil Nadu, India | |
| Waheguru Steel Structural Private Limited | ₹1.65 Lakh (FY 2025) | •••• | •••• | 198.0% | •••• | Delhi, India |
| Vinprocess Technologies India Private Limited | ₹1.64 Lakh (FY 2025) | •••• | •••• | -98.0% | •••• | Ottapalam, Kerala, India |
| Asvik Valves Private Limited this company | ₹1.63 Lakh (FY 2024) | •••• | •••• | 3001.0% | •••• | Mumbai, Maharashtra, India |
| SSDR Engineering & Fabrication Private Limited | ₹1.63 Lakh (FY 2022) | •••• | •••• | -65.0% | •••• | Mumbai, Maharashtra, India |
| Aquavari Technical Solutions Private Limited | ₹1.61 Lakh (FY 2023) | •••• | •••• | -98.0% | •••• | Pune, Maharashtra, India |
| Micro Mech Pumps & Projects Private Limited | ₹1.6 Lakh (FY 2025) | •••• | •••• | -69.0% | •••• | Silvassa, Dadra and Nagar Haveli, India |
| Canberra Foods Private Limited | ₹1.54 Lakh (FY 2025) | •••• | •••• | -1.0% | •••• | Hyderabad, Telangana, India |
| Tetramech Engineering India Private Limited | ₹1.52 Lakh (FY 2025) | •••• | •••• | -91.0% | •••• | Vadodara, Gujarat, India |
Peers are the five companies nearest above and the five nearest below Asvik Valves by revenue in the Machinery and Equipment industry (Control Valves, Foundry and Fabrication, Pumps), 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 Asvik Valves Private Limited
Asvik Valves Private Limited is audited by H.K.DEDHIA & CO. for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| H.K.DEDHIA & CO. | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Asvik Valves Private Limited
Asvik Valves has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Gautam Vishanji Vora Also directs: Polygomma Industries Private Limited | Director | 24 Sep 1992 | 34 Years 0 Months | Current |
| Ashok Vishanji Vora | Director | 24 Sep 1992 | 34 Years 0 Months | Current |
Ownership and Shareholding of Asvik Valves Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Asvik Valves Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 11 May 2010 | Canara Bank | ₹5 Lakh | Open |
| 25 Sep 2009 | Canara Bank | ₹4 Lakh | Open |
| 06 Jun 2007 | Canara Bank | ₹45 Lakh | Open |
| 02 Aug 2005 | Bank of Maharashtra | ₹40 Lakh | Satisfied |
| 02 Aug 1999 | Bank of Maharashtra | ₹15.25 Lakh | Satisfied |
Total charge records: 5 View all charges
Employees and EPFO Compliance at Asvik Valves Private Limited
Employment history and EPFO contributions of people linked to Asvik Valves.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Name History of Asvik Valves Private Limited
Asvik Valves has undergone 2 name changes throughout its history. The company was previously known as Diaval Internationalprivate Limited, and Asvik Valves Pvt Ltd. The current legal name is Asvik Valves Private Limited.
| Company Name | Status |
|---|---|
| Asvik Valves Private Limited | Current |
| Diaval Internationalprivate Limited | Previous |
| Asvik Valves Pvt Ltd | Previous |
Recent Activity on Asvik Valves Private Limited
Asvik Valves Private Limited has 3 board changes on record since 1992: 2 appointments and 1 cessation. The latest: Vishanji Narshi Vora ceased to be Director on 16 Sep 2020.
1 earlier event is listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Asvik Valves Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Asvik Valves Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Asvik Valves Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Asvik Valves Private Limited
Asvik Valves has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Asvik Valves Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Asvik Valves Private Limited
Asvik Valves is an active private limited company based in Mumbai, Maharashtra, India. The company works in metal foundry and fabrication services, within the engineering industry. It was incorporated on 24 September 1992 (34+ years old) and is registered under CIN U29120MH1992PTC068712.
Asvik Valves reported revenue of ₹1.63 Lakh for FY 2024 (up 3001% YoY).
Asvik Valves has 2 current directors:
- Gautam Vishanji Vora - Director
- Ashok Vishanji Vora - Director
Asvik Valves reported a net loss of ₹3.22 Lakh (net margin -197.8%) and EBITDA of -₹26,337 (EBITDA margin -16.2%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Asvik Valves is -80% over three years and -48% over five years. CAGR is the steady yearly rate that links the first and the last year.
No. Asvik Valves has 2 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of Asvik Valves is U29120MH1992PTC068712. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Asvik Valves was incorporated on 24 September 1992, making it 34+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Asvik Valves by revenue are Best Metals Private Limited, Dhanada Engineering Private Limited, Iyappa Aluminium Solutions Private Limited, Waheguru Steel Structural Private Limited, Vinprocess Technologies India Private Limited and 5 more, all in the Machinery and Equipment industry (Control Valves, Foundry and Fabrication, Pumps).
Vishanji Narshi Vora ceased to be Director on 16 Sep 2020. Ashok Vishanji Vora was appointed as Director on 24 Sep 1992. Gautam Vishanji Vora was appointed as Director on 24 Sep 1992.
The registered office of Asvik Valves is at Block No.5 2nd Floor Plot 191A Kanchan Villa Sion Road No. 25B Gujarat Society Sion, Mumbai, Maharashtra, India – 400022.