About Ashiana Manufacturing India Limited
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Ashiana Manufacturing India Limited is a public limited company based in New Delhi, Delhi, India. It operates in the steel manufacturing and processing segment of the metals and mining sector. It was incorporated on 25 May 1995 and has been in existence for over 31 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U28112DL1995PLC068994. Its GSTIN is 08AAFCS0782D1ZG (Rajasthan). The company holds 5 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹7 Cr and a paid-up capital of ₹4.82 Cr. It was formerly known as Surya Manufacturing India Limited and Prakash Surya Industries Limited. It is led by directors including Naman Jain (Managing Director) and Sanjay Kumar Jain (Whole-Time Director).
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 Ground Floor H.No.L – 65A/308 Gali No.7 Mahipalpur Extn., New Delhi, Delhi, India – 110037.
As per the financials filed for FY 2025, the company reported a revenue of ₹435.91 Cr, a decline of 1% compared to the previous year. For the same year it recorded a net profit of ₹1.65 Cr (net margin 0.4%) and EBITDA of ₹10.16 Cr (EBITDA margin 2.3%). Revenue has declined at a compounded annual rate (CAGR) of 6% over three years.
The company has about 329 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Ashiana Manufacturing. As per MCA filings, the company has open charges of ₹190.26 Cr and satisfied charges of ₹91.85 Cr on record. Court records list 19 cases involving the company, including 16 filed by the company and 3 filed against it; 2 cases are 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 amiltd.in.
Company details
Name history
Ashiana Manufacturing India has undergone 2 name changes throughout its history. The company was previously known as Surya Manufacturing India Limited, and Prakash Surya Industries Limited. The current legal name is Ashiana Manufacturing India Limited.
| Company Name | Status |
|---|---|
| Ashiana Manufacturing India Limited | Current |
| Surya Manufacturing India Limited | Previous |
| Prakash Surya Industries Limited | Previous |
CIN history
Ashiana Manufacturing India has one previous CIN (Corporate Identification Number): U74899DL1995PLC068994. The current CIN is U28112DL1995PLC068994, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U28112DL1995PLC068994 | Current |
| U74899DL1995PLC068994 | Previous |
Contact details
Ashiana Manufacturing India Limited's registered office is in New Delhi, Delhi. Its website is amiltd.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressGround Floor H.No.L – 65A/308 Gali No.7 Mahipalpur Extn., New Delhi, Delhi, India – 110037
- IndustryMetals and Minerals, Steel Manufacturing & Processing
To see the full contact details of Ashiana Manufacturing India Limited, buy the company report.
- 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
Brands
Ashiana Manufacturing India operates one associated brand: Ashiana Manufacturing. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Steel manufacturing for construction, engineering, automotive, and infrastructure sectors. | amiltd.in |
Business activity
The main business activity of Ashiana Manufacturing India 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 Ashiana Manufacturing India Limited, buy the company report.
Financials of Ashiana Manufacturing India Limited
FY 2025 filings availableAshiana Manufacturing India Limited reported revenue of ₹435.91 Cr (down 1% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 6% over three years, including a 1% fall in the latest year. EBITDA rose 44% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹10.16 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.65 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 2.3% | ||||
| Net Profit Margin | 0.4% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
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| Receivable Days | |||||
| Payable Days | |||||
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To see the full financial statements and ratios of Ashiana Manufacturing India Limited, buy the company report.
Board of directors of Ashiana Manufacturing India Limited
Ashiana Manufacturing India has 6 current directors and 19 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Naman Jain Also directs: Lubok Industries Private Limited, Namya Impex Private Limited, Idreams Impex Private Limited and 2 more | Managing Director | 05 Sep 2023 | 3 Years 1 Months | Current |
| Sanjay Kumar Jain Also directs: Arihant Non Ferrous Metals Private Limited | Whole-Time Director | 05 Sep 2023 | 3 Years 1 Months | Current |
| Shaurya Badsar | Director | 16 Nov 2023 | 2 Years 11 Months | Current |
| Neeraj Kumar Jain | Whole-Time Director | 14 Jul 2011 | 15 Years 3 Months | Current |
| Vandana Jain | Director | 14 Aug 2024 | 2 Years 2 Months | Current |
| Deepak Sharma Also directs: Krishna Global Enterprises Private Limited | Director | 20 Jan 2025 | 1 Years 9 Months | Current |
Peer comparison
Ashiana Manufacturing India Limited is compared with the 10 companies closest to it by revenue in the Metals and Minerals industry (Steel), with the same principal business activity (metal and metal products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Cogent Steel and Pipes Private Limited | ₹440.49 Cr (FY 2024) | 3.0% | Odisha, India | |||
| Dhiman Iron and Steel Industries Private Limited | ₹438.93 Cr (FY 2025) | 2.0% | Mandi Gobindgarh, Punjab, India | |||
| Garg Steels Udyog India Private Limited | ₹436.68 Cr (FY 2025) | -7.0% | Hyderabad, Telangana, India | |||
| Mohit Ventures Private Limited | ₹436.49 Cr (FY 2025) | 0.0% | Ranchi, Jharkhand, India | |||
| Shree Jay Ambe Steel Yard Private Limited | ₹435.96 Cr (FY 2025) | -20.0% | Mumbai, Maharashtra, India | |||
| Ashiana Manufacturing India Limitedthis company | ₹435.91 Cr (FY 2025) | ₹1.65 Cr | 0.4% | -1.0% | 329 | New Delhi, Delhi, India |
| Maruti Inox (India) Private Limited | ₹435.77 Cr (FY 2025) | 43.0% | Mumbai, Maharashtra, India | |||
| Skytech Rolling Mill Private Limited | ₹435.53 Cr (FY 2025) | 31.0% | Mumbai, Maharashtra, India | |||
| Shree Vasu Steels Private Limited | ₹433.7 Cr (FY 2025) | -8.0% | Muzaffarnagar, Uttar Pradesh, India | |||
| Mangalam Alloys Limited | ₹433.52 Cr (FY 2025) | 42.0% | Gandhinagar, Gujarat, India | |||
| Dasmesh Castings Pvt Ltd | ₹432.62 Cr (FY 2025) | 17.0% | Punjab, India |
To see the full peer comparison of Ashiana Manufacturing India Limited, buy the company report.
Auditor
Ashiana Manufacturing India Limited is audited by S. Singhal & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S. Singhal & Co. | FY 2023 | 001526C |
Shareholding
The shareholding of Ashiana Manufacturing India Limited 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 Ashiana Manufacturing India Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 31 Aug 2025 | 101152119 | Others | ₹18 Cr | Open | |
| 18 Jul 2025 | 101132108 | Others | ₹12 Cr | Open | |
| 09 Jul 2024 | 100972755 | Indian Bank | ₹9.9 Cr | Open | |
| 06 Dec 2022 | 100659281 | Others | ₹98.5 Lakh | Open | |
| 18 Jul 2017 | 100115255 | Hdfc Bank Limited | ₹149.37 Cr | Open |
To see the full charge records of Ashiana Manufacturing India Limited, buy the company report.
Total charge records: 11 View all charges
Legal cases
Ashiana Manufacturing India Limited has 19 court cases on record: 16 filed by Ashiana Manufacturing India, 3 filed against it. 2 cases are pending and 17 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 12 | 2 | 1 |
| High courts | 7 | 1 | 1 |
Cases on record (5 of 19)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, New Delhi, Delhi | Execution petition | Filed by the company against Ms Oyo Hotels and Homes Private Limited | Disposed |
| High Court of Delhi | Court case (O.M.P. (COMM)) | Filed by the company against Oyo Hotels and Homes Private Ltd | Disposed |
| High Court of Delhi | Court case (O.M.P. (COMM)) | Filed against the company by M/S Oyo Hotels and Homes Private Ltd & Anr. | Disposed |
| District court, New Delhi, Delhi | Execution petition | Filed by the company against Oyo Hotels and Homes Private Limited | Disposed |
| District court, South East, Delhi | Court case (OMP (COMM.)) | Filed by the company against Oyo Hotels and Homes Private Ltd | Disposed |
To see the full case history of Ashiana Manufacturing India 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.
Credit ratings & regulatory alerts
Ashiana Manufacturing India Limited was last rated by Care on 08 May 2023.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 08 May 2023 |
To see the full credit ratings and regulatory alerts of Ashiana Manufacturing India Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Ashiana Manufacturing India Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Ashiana Manufacturing India Limited has a workforce of 329 employees on its EPFO records as of Apr 03, 2024, across 1 active EPFO establishment.
GST
Ashiana Manufacturing India has 5 GST registrations: 2 active and 3 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 08AAFCS0782D1ZG | Rajasthan | Active | 01 Jul 2017 |
| 06AAFCS0782D3ZI | Haryana | Active | 31 Oct 2023 |
To see the full GST registrations and return filing status of Ashiana Manufacturing India Limited, buy the company report.
Recent activity
Ashiana Manufacturing India Limited has 25 board changes on record since 2008: 6 appointments and 19 cessations. The latest: Deepak Sharma was appointed as Director on 20 Jan 2025.
36 earlier events are in the company report.
Frequently asked questions
Ashiana Manufacturing India is an active public limited company based in New Delhi, Delhi, India. The company works in steel manufacturing and processing, within the metals and minerals industry. It was incorporated on 25 May 1995 (31+ years old) and is registered under CIN U28112DL1995PLC068994.
Ashiana Manufacturing India has 6 current directors:
- Naman Jain - Managing Director
- Sanjay Kumar Jain - Whole-Time Director
- Neeraj Kumar Jain - Whole-Time Director
- Shaurya Badsar - Director
- Vandana Jain - Director
- Deepak Sharma - Director
The latest financial statements of Ashiana Manufacturing India 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 Ashiana Manufacturing India is 08AAFCS0782D1ZG, registered in Rajasthan. The company has 5 GST registrations in all, of which 2 are active and 3 are cancelled or inactive. Other active GSTINs include 06AAFCS0782D3ZI (Haryana).
The CIN (Corporate Identification Number) of Ashiana Manufacturing India is U28112DL1995PLC068994. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ashiana Manufacturing India has 19 court cases on record: 16 filed by the company and 3 filed against it. 2 are pending. Most are in the district courts.
Ashiana Manufacturing India was incorporated on 25 May 1995, making it 31+ years old. It is registered with the Registrar of Companies, Delhi.
The peers of Ashiana Manufacturing India by revenue are Cogent Steel and Pipes Private Limited, Dhiman Iron and Steel Industries Private Limited, Garg Steels Udyog India Private Limited, Mohit Ventures Private Limited, Shree Jay Ambe Steel Yard Private Limited and 5 more, all in the Metals and Minerals industry (Steel), with the same principal business activity (metal and metal products).
Deepak Sharma was appointed as Director on 20 Jan 2025. Vandana Jain ceased to be Additional Director on 29 Sep 2024. Vandana Jain was appointed as Director on 14 Aug 2024. Ashiana Manufacturing India has 25 board changes on record in total.
Ashiana Manufacturing India can be reached through the website amiltd.in. Its registered office is in New Delhi, Delhi, India.
The registered office of Ashiana Manufacturing India is at Ground Floor H.No.L – 65A308 Gali No.7 Mahipalpur Extn., New Delhi, Delhi, India – 110037.
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