About Ayen Ispat Private Limited
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Ayen Ispat Private Limited is a private limited company based in Chennai, Tamil Nadu, India. It operates in the diversified financial services segment of the financial services sector. It was incorporated on 25 September 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U82300TN2012PTC087786. Its GSTIN is 33AAGCR0900B1Z7 (Tamil Nadu). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹1.25 Cr and a paid-up capital of ₹1.25 Cr. It was formerly known as Core Wealth Management Private Limited and Ruchika Capital Services Private Limited. It is led by directors Aashish Nevatia and Arunkumar.
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 No.315 (Old No.152) Thambu Chetty Street 3rd Floor, Chennai, Tamil Nadu, India – 600001.
As per the financials filed for FY 2024, the company reported a revenue of ₹5.1 Lakh, a growth of 129% compared to the previous year. For the same year it recorded a net loss of ₹14.86 Lakh (net margin -291.4%) and EBITDA of -₹14.8 Lakh (EBITDA margin -290.2%). Revenue has declined at a compounded annual rate (CAGR) of 68% over three years and 29% over five years.
Court records list 1 case involving the company, including 1 filed against it; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ayen.co.in.
Company details
Name history
Ayen Ispat has undergone 2 name changes throughout its history. The company was previously known as Core Wealth Management Private Limited, and Ruchika Capital Services Private Limited. The current legal name is Ayen Ispat Private Limited.
| Company Name | Status |
|---|---|
| Ayen Ispat Private Limited | Current |
| Core Wealth Management Private Limited | Previous |
| Ruchika Capital Services Private Limited | Previous |
CIN history
Ayen Ispat has one previous CIN (Corporate Identification Number): U74999TN2012PTC087786. The current CIN is U82300TN2012PTC087786, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U82300TN2012PTC087786 | Current |
| U74999TN2012PTC087786 | Previous |
Contact details
Ayen Ispat Private Limited's registered office is in Chennai, Tamil Nadu.
- Registered AddressNo.315 (Old No.152) Thambu Chetty Street 3rd Floor, Chennai, Tamil Nadu, India – 600001
- IndustryFinancial Services, Diversified Financial 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
Business activity
The main business activity of Ayen Ispat is trade. In detail, this covers retail trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of Ayen Ispat Private Limited, buy the company report.
Financials of Ayen Ispat Private Limited
FY 2025 filings availableAyen Ispat Private Limited reported revenue of ₹5.1 Lakh (up 129% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue rose 129% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 29%. 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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| EBITDA | -₹14.8 Lakh | ||||
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| Net Profit (PAT) | -₹14.86 Lakh | ||||
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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 | -290.2% | ||||
| Net Profit Margin | -291.4% | ||||
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To see the full financial statements and ratios of Ayen Ispat Private Limited, buy the company report.
Board of directors of Ayen Ispat Private Limited
Ayen Ispat has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Aashish Nevatia | Director | 05 Aug 2020 | 6 Years 2 Months | Current |
| Arunkumar Also directs: Core Shipping and Logistics Private Limited | Director | 12 Jul 2021 | 5 Years 3 Months | Current |
Legal cases
Ayen Ispat Private Limited has 1 court case on record: 1 filed against it. All case is pending.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 1 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Chennai, Tamil Nadu | Civil suit | Filed against the company by an individual | Pending |
To see the full case history of Ayen Ispat Private Limited, 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
No delayed payments to MSME suppliers are on our record for Ayen Ispat Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Ayen Ispat has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAGCR0900B1Z7 | Tamil Nadu | Active | 10 Aug 2018 |
| 29AAGCR0900B1ZW | Karnataka | Active | 04 Jul 2019 |
To see the full GST registrations and return filing status of Ayen Ispat Private Limited, buy the company report.
Recent activity
Ayen Ispat Private Limited has 5 board changes on record since 2018: 2 appointments and 3 cessations. The latest: Arunkumar was appointed as Director on 12 Jul 2021.
Frequently asked questions
Ayen Ispat is an active private limited company based in Chennai, Tamil Nadu, India. The company works in diversified financial services, within the financial services industry. It was incorporated on 25 September 2012 (14+ years old) and is registered under CIN U82300TN2012PTC087786.
Ayen Ispat has 2 current directors:
- Aashish Nevatia - Director
- Arunkumar - Director
The latest financial statements of Ayen Ispat 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 Ayen Ispat is 33AAGCR0900B1Z7, registered in Tamil Nadu. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 29AAGCR0900B1ZW (Karnataka).
The CIN (Corporate Identification Number) of Ayen Ispat is U82300TN2012PTC087786. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ayen Ispat has 1 court case on record: 1 filed against it. 1 is pending.
Ayen Ispat was incorporated on 25 September 2012, making it 14+ years old. It is registered with the Registrar of Companies, Chennai.
Arunkumar was appointed as Director on 12 Jul 2021. Aashish Nevatia was appointed as Director on 05 Aug 2020. Manoranjan Jha ceased to be Additional Director on 21 Jun 2018. Ayen Ispat has 5 board changes on record in total.
Ayen Ispat can be reached through the website ayen.co.in. Its registered office is in Chennai, Tamil Nadu, India.
The registered office of Ayen Ispat is at No.315 Old No.152 Thambu Chetty Street 3rd Floor, Chennai, Tamil Nadu, India – 600001.