Avask Steels Limited - Company Profile

It is a metals and minerals public limited company based in Delhi, Delhi, India, established in 2013.
2013 Delhi, Delhi, India Active
Last Updated:
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About Avask Steels Limited

Avask Steels Limited, a active public limited company, was established on 02 May 2013 in Delhi, Delhi, India. Engaging in steel manufacturing & processing within the manufacturing sector, it holds CIN: U27100DL2013PLC251393. Registered under ROC Roc Delhi. it is unlisted. It has an authorized capital of ₹15.00 Cr and a paid-up capital of ₹14.37 Cr.

Formerly known as Gulf Ispat Limited, Gp Global Steels Limited. It upholds a compliant status. Its leadership includes Anurag Gupta (Director), Vandana Madhan (Director), Deepa Goyel (Director). Past directors included Rohit Mittal, Ayush Goel, Pallavi Mangla. It holds ₹449.28 Cr open charges and ₹0.73 M settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at Unit 710, 7Th Floor, Ring Road Mall, Plot No. 21 Manglam Place, Sector 3, Roh, Ini, Delhi, Delhi, 110085.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
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  • Social Media
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  • Apps
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Company Details

  • CIN/LLPIN

    U27100DL2013PLC251393

  • Registration Number

    251393

  • Incorporation Date

    02 May 2013

  • Authorized Capital

    ₹15.00 Cr

  • Paid-Up Capital

    ₹14.37 Cr

  • ROC Code

    Roc Delhi

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 15.00 Cr
  • Paid Up Capital ₹ 14.37 Cr
  • Company Age 12 Year, 9 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 449.28 Cr
  • Satisfied Charges ₹ 0.73 M
  • Revenue Growth **** -99.60%
  • Profit Growth **** 83.24%
  • Ebitda **** 84.13%
  • Net Worth -0.24%
  • Total Assets -0.01%
Company report

Avask Steels Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Avask Steels 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 Avask Steels Limited?
Current Directors
Name Designation Appointment Date Status
Anurag Gupta Director 29 Apr 2024 Current
Vandana Madhan Director 27 May 2016 Current
Deepa Goyel Director 10 Jun 2024 Current
Surinder Kumar Gupta Managing Director 21 Nov 2020 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 23 May 2016 Past
Pramod Abcsdd Director 02 Jul 2018 Past
Pramod Abcsdd Managing Director 29 Sep 2015 Past
Pramod Abcsdd Company Secretary 31 Mar 2022 Past
Pramod Abcsdd Cfo 20 Nov 2018 Past
Pramod Abcsdd Additional Director 30 Sep 2015 Past

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Financial Performance of Avask Steels.

Avask Steels Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 99.6% decrease. The company also saw a substantial improvement in profitability, with a 83.24% increase in profit. The company's net worth dipped by a decrease of 0.24%.

Avask Steels revenue growth over time
Avask Steels profit and loss trends over time
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
  • 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
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 -99.60%
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Revenue from Operations
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Total Assets
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 -0.01%
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Profit or Loss
*******
 83.24%
*******
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*******
*******
Net Worth
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 -0.24%
*******
*******
*******
*******
EBITDA
*******
 84.13%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Avask Steels?

In 2023, Avask Steels had a promoter holding of 98.74% and a public holding of 1.26%. The company had 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)
shareholding
  • 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

₹4,492,822,664.00

Satisfied Charges

₹730,000.00

Charges Breakdown by Lending Institutions
  • Others : 449.28 Cr
Latest Charge Details
Date Lender Amount Status
01 Oct 2018 Others ₹243.29 Cr Open
13 Mar 2015 Others ₹205.99 Cr Open
01 Aug 2013 Canara Bank ₹0.73 M Satisfied

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How Many Employees Work at Avask Steels?

Unlock and access historical data on people associated with Avask Steels, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Avask Steels, 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 Avask Steels's trajectory.

Rating
Graph displaying rating trends over time

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
Alert Indicator

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 Avask Steels
Recent Activity within the Organization
  • Annual General Meeting

    Progress on Avask Steels Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was documented.

  • Director Appointment

    Progress on Deepa Goyel was appointed as a Director was appointed as a Director on 10 Jun 2024 & has been associated with this company since 1 year 8 months . was documented.

  • Director Appointment

    The activity Anurag Gupta was appointed as a Director was appointed as a Director on 29 Apr 2024 & has been associated with this company since 1 year 9 months . was completed.

  • Balance Sheet

    The activity Avask Steels Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Delhi. was completed.

  • Director Appointment

    Progress on Ankit Taparia was appointed as a Company Secretary was appointed as a Company Secretary on 12 Jun 2023 & has been associated with this company since 2 years 8 months . was documented.

  • Director Appointment

    Surinder Kumar Gupta was appointed as a Managing Director was appointed as a Managing Director on 21 Nov 2020 & has been associated with this company since 5 years 2 months . was recorded as a recent event.

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Frequently Asked Questions
What is the CIN of Avask Steels Limited?

The CIN of Avask Steels Limited is U27100DL2013PLC251393.

Where is Avask Steels Limited headquartered?

Avask Steels Limited is headquartered at Unit 710, 7Th Floor, Ring Road Mall, Plot No. 21 Manglam Place, Sector 3, Roh, Ini, Delhi, Delhi, 110085.

When was Avask Steels Limited incorporated?

Avask Steels Limited was incorporated on 02 May 2013.

Who are the current directors of Avask Steels Limited?

The current directors of Avask Steels Limited are

What is the primary industry of Avask Steels Limited?

The primary industry of Avask Steels Limited is Manufacturing.

Is Avask Steels Limited a listed company?

Avask Steels Limited is unlisted.

What is the capital structure of Avask Steels Limited?

The authorized capital of Avask Steels Limited is ₹15.00 Cr, and the paid-up capital is ₹14.37 Cr.

What is the compliance status of Avask Steels Limited?

The compliance status of Avask Steels Limited is Compliant.

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