MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-19-0046142
Austenitic Steels Pvt Ltd - manufacturing in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹30.33 Cr
▲ 3% YoY
Net profit · FY 2024
₹68.14 Lakh
Net margin 2.2%
EBITDA · FY 2024
₹1.25 Cr
EBITDA margin 4.1%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹6.5 Lakh
Issued & subscribed
Open charges
₹86.2 Lakh
Secured borrowings
Company age
45 yrs
Est. 1981
Employees · EPFO
64
Provident fund records
About Austenitic Steels Pvt Ltd
Data last updated:
Austenitic Steels Pvt Ltd is a private limited company based in Mumbai, Maharashtra, India. It operates in the cable and wire segment of the manufacturing sector. It was incorporated on 06 May 1981 and has been in existence for over 45 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U27106MH1981PTC024368. Its GSTIN is 27AAACA8989R1ZL (Maharashtra).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹6.5 Lakh. It is led by directors Parikshit Kamalkishore Vaid and Amritesh Kamalkishore Vaid.
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 615 Arun Chambers Tardeo Road, Mumbai, Maharashtra, India – 400034.
As per the financials filed for FY 2024, the company reported a revenue of ₹30.33 Cr, a growth of 3% compared to the previous year. For the same year it recorded a net profit of ₹68.14 Lakh (net margin 2.2%) and EBITDA of ₹1.25 Cr (EBITDA margin 4.1%). Revenue has grown at a compounded annual rate (CAGR) of 18% over three years and 8% over five years.
The company has about 64 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: ASPL Wires. As per MCA filings, the company has open charges of ₹86.2 Lakh on record. Court records list 4 cases involving the company, including 3 filed by the company and 1 filed against it; 2 cases are pending.
Austenitic Steels Pvt Ltd is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0046142). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website asplwires.com.
Company details
CIN U27106MH1981PTC024368
Registration Number 024368
Incorporation Date 06 May 1981
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-MH-19-0046142
Recognitions & Rankings of Austenitic Steels
Contact details
Austenitic Steels Pvt Ltd's registered office is in Mumbai, Maharashtra. Its website is asplwires.com. Its e-mail address is in the company report.
- Email
- Website
- Registered Address615 Arun Chambers Tardeo Road, Mumbai, Maharashtra, India – 400034
- IndustryManufacturing, Cable & Wire
To see the full contact details of Austenitic Steels Pvt Ltd, buy the company report.
Comprehensive company report
Austenitic Steels Pvt Ltd - one report that includes everything
- 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Brands
Austenitic Steels operates one associated brand: ASPL Wires. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturing of stainless steel wires in India with a focus on quality and service. | asplwires.com |
Business activity
The main business activity of Austenitic Steels is manufacturing. In detail, this covers metal and metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products |
To see the full business activity and turnover split of Austenitic Steels Pvt Ltd, buy the company report.
Financials of Austenitic Steels Pvt Ltd
FY 2025 filings availableAustenitic Steels Pvt Ltd reported revenue of ₹30.33 Cr (up 3% YoY) for FY 2024.
Revenue · FY 2024
₹30.33 Cr ▲ 3%
Net profit · FY 2024
₹68.14 Lakh margin 2.2%
EBITDA · FY 2024
₹1.25 Cr margin 4.1%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 3%
3 years · compounded
▲ 18%
5 years · compounded
▲ 8%
EBITDA CAGR growth
1 year
▼ 48%
3 years · compounded
▼ 4%
5 years · compounded
▼ 9%
Revenue has grown at a compounded annual rate (CAGR) of 8% over five years, including 3% growth in the latest year. EBITDA fell 48% 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 |
|---|---|---|---|---|---|
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| Total Expenses | |||||
| EBITDA | ₹1.25 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹68.14 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 4.1% | ||||
| Net Profit Margin | 2.2% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Payable Days | |||||
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To see the full financial statements and ratios of Austenitic Steels Pvt Ltd, buy the company report.
Board of directors of Austenitic Steels Pvt Ltd
Austenitic Steels has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Parikshit Kamalkishore Vaid Also directs: Macro Bars and Wires (India) Pvt Ltd | Director | 01 Dec 1994 | 31 Years 10 Months | Current |
| Amritesh Kamalkishore Vaid Also directs: Macro Bars and Wires (India) Pvt Ltd | Director | 01 Sep 1991 | 35 Years 1 Months | Current |
Auditor
Austenitic Steels Pvt Ltd is audited by RONAK JAIN & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RONAK JAIN & ASSOCIATES | FY 2023 | 136975W |
Shareholding
The shareholding of Austenitic Steels Pvt Ltd 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 Austenitic Steels Pvt Ltd, buy the company report.
Charges & borrowings
Open charges
₹86.2 Lakh
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 12 Mar 1999 | 90165318 | State Bank of Indore | ₹19 Lakh | Open | |
| 27 Dec 1995 | 90160877 | Citibank Na | ₹7.2 Lakh | Open | |
| 03 Aug 1993 | 90166227 | State Bank of Indore | ₹20 Lakh | Open | |
| 29 Jul 1993 | 90166225 | State Bank of Indore | ₹30 Lakh | Open | |
| 29 Jul 1989 | 90160774 | State Bank of Indore | ₹10 Lakh | Open |
To see the full charge records of Austenitic Steels Pvt Ltd, buy the company report.
Total charge records: 5 View all charges
Legal cases
Austenitic Steels Pvt Ltd has 4 court cases on record: 3 filed by Austenitic Steels, 1 filed against it. 2 cases are pending and 2 are disposed.
Total cases
4
Filed by the company
3
Filed against the company
1
Pending
2
Disposed
2
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 1 | 2 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Court case (SUMMONS CASES SS) | Filed by the company against Sri. Lakshmi Enterprises and 2 others | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (SUMMONS CASES SS) | Filed by the company against an individual | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Interim or miscellaneous application | Filed by the company against individuals | Disposed |
| District court, Maharashtra Industrial and Lab, Maharashtra | Court case (Appln. WCA C) | Filed against the company by an individual | Disposed |
To see the full case history of Austenitic Steels Pvt Ltd, 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
Austenitic Steels Pvt Ltd has 6 MSME Form 1 returns on record between 2019 and 2021, listing 26 overdue payments to 9 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 9)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Peddington Lubricants & Coatings Private Limited | |||
| Kemtree International LLP | |||
| Pruthvi Industries | |||
| Jyoti Hydro Tech Private Limited | |||
| Paradise Packaging Private Limited |
To see the full MSME payment records of Austenitic Steels Pvt Ltd, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Austenitic Steels Pvt Ltd has a workforce of 64 employees on its EPFO records as of Sep 25, 2025, across 1 active EPFO establishment.
Employee count
64
Active EPFO establishments
1
Employee growth
-4.48%
GST
Austenitic Steels has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACA8989R1ZL | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Austenitic Steels Pvt Ltd, buy the company report.
Recent activity
Austenitic Steels Pvt Ltd has 2 board changes on record since 1991: 2 appointments. The latest: Parikshit Kamalkishore Vaid was appointed as Director on 01 Dec 1994.
AGM
Austenitic Steels Pvt Ltd last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Austenitic Steels Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Charges
A charge with State Bank Of Indore amounted to Rs. 19.00 Lakh with Charge ID 90165318 was registered on 12 Mar 1999.
Charges
A charge with Citibank Na amounted to Rs. 7.20 Lakh with Charge ID 90160877 was registered on 27 Dec 1995.
Appointed
Parikshit Kamalkishore Vaid was appointed as Director.
Charges
A charge with State Bank Of Indore amounted to Rs. 20.00 Lakh with Charge ID 90166227 was registered on 03 Aug 1993.
Charges
A charge with State Bank Of Indore of Rs. 20.00 Lakh registered on 03 Aug 1993 with Charge ID 90166227 was modified on 03 Aug 1993.
Charges
A charge with State Bank Of Indore of Rs. 10.00 Lakh registered on 29 Jul 1989 with Charge ID 90160774 was modified on 03 Aug 1993.
Charges
A charge with State Bank Of Indore amounted to Rs. 30.00 Lakh with Charge ID 90166225 was registered on 29 Jul 1993.
Appointed
Amritesh Kamalkishore Vaid was appointed as Director.
Charges
A charge with State Bank Of Indore amounted to Rs. 10.00 Lakh with Charge ID 90160774 was registered on 29 Jul 1989.
Incorporation
06 May 1981
Austenitic Steels Pvt Ltd was registered on 06 May 1981 with Roc Mumbai & aged 45 years 5 months as per MCA records.
Frequently asked questions
Austenitic Steels is an active private limited company based in Mumbai, Maharashtra, India. The company works in cable and wire, within the manufacturing industry. It was incorporated on 06 May 1981 (45+ years old) and is registered under CIN U27106MH1981PTC024368.
Austenitic Steels has 2 current directors:
- Parikshit Kamalkishore Vaid - Director
- Amritesh Kamalkishore Vaid - Director
The latest financial statements of Austenitic Steels 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 2015 are in the company report.
The GSTIN of Austenitic Steels is 27AAACA8989R1ZL, registered in Maharashtra.
The CIN (Corporate Identification Number) of Austenitic Steels is U27106MH1981PTC024368. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Austenitic Steels has 4 court cases on record: 3 filed by the company and 1 filed against it. 2 are pending.
Austenitic Steels was incorporated on 06 May 1981, making it 45+ years old. It is registered with the Registrar of Companies, Mumbai.
Parikshit Kamalkishore Vaid was appointed as Director on 01 Dec 1994. Amritesh Kamalkishore Vaid was appointed as Director on 01 Sep 1991.
Yes, Austenitic Steels is registered as a small enterprise under Udyam registration (number: UDYAM-MH-19-0046142).
Austenitic Steels has 6 MSME Form 1 returns on record between 2019 and 2021, listing 26 overdue payments to 9 micro and small suppliers. The latest return was filed on 02 Dec 2021.
Austenitic Steels can be reached through the website asplwires.com. Its registered office is in Mumbai, Maharashtra, India.