Ashapura Minechem Ltd - Company overview

Ashapura is a listed public limited company, first registered with ROC Mumbai I on 19 February 1982.

1982-02-19 Mumbai, Maharashtra Active Listed Active Compliant
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Key Metrics Public MCA facts are exact. Revenue, profit, assets, and employee figures may show as ranges until unlocked.

REVENUE
₹1000+ Cr
▲ 3.6%
FY 2025
PROFIT / LOSS
₹100–500 Cr
▲ 2.6%
FY 2025
EBITDA
₹100–500 Cr
▲ 80.7%
FY 2025
NET WORTH
₹1000+ Cr
▲ 31.4%
FY 2025
TOTAL ASSETS
₹1000+ Cr
▲ 18.7%
FY 2025
EMPLOYEE COUNT
261–270
OPEN CHARGES
16
1,802.02 cr
PAID-UP CAPITAL
19.11 cr
AUTHORISED CAPITAL
90.00 cr
COMPANY AGE
44 Years 8 Months
since 1982-02-19
LAST FILING WITH ROC
2025-03-31
Last AGM: 2025-09-24
ACTIVE GST
6
Updated: 2025-05-08 16:45:38
TOTAL MONEY RAISED
₹25–50 Cr
SATISFIED CHARGES
15
226.26 cr

Company Health Scores Scores from 0–100 based on filings, compliance signals, financials, and board history on this profile.

Health scores for Ashapura covering vendor trust, statutory compliance, financial health and director risk - derived from MCA filings, GST and EPFO records, financial statements and the company's board history.

Vendor Trust Score Moderate
68/100
Overall counterparty comfort for vendors and customers.
  • Blend of compliance (38), financial health (95), director (55) and company-foundation signals.
  • Operating for 44+ years.
Compliance Score High risk
38/100
Statutory filings, status and regulatory flags.
  • Company status is Active as per MCA.
  • Last balance sheet filed for Mar 2025 - slightly behind.
Financial Health Score Low risk
95/100
Profitability, leverage and liquidity from filed statements.
  • Profitable in FY 2025.
  • Positive net worth.
Director Risk Score Moderate
55/100
Board strength, DIN status and churn.
  • 12 directors on the board.
  • Director DIPAK VORA has DIN status "Deactivated due to non-filing of DIR-3 KYC".
Scores are derived from MCA filings, financial statements and public records on this page. Higher is safer. They are indicative, not a credit rating.
360° Intelligence Report: trust score, financial health, credit risk, growth & distress signals - auto-generated from filings. View report →

About Ashapura Company identity, industry, contact, and registration details from MCA and company records.

Ashapura is a listed public limited company, first registered with ROC Mumbai I on 19 February 1982. Its registered office is at Jeevan Udyog Bldg., 3 Rd Floor, 278 D. N. Rd, Fort, Mumbai, Maharashtra. It was earlier known as Ashapura Minechem Pvt Ltd.

Its filings describe the main line of business as wholesale Trading, which made up 7% of turnover.

It has 12 directors: Dipak Vora, Hemul Ramesh Shah, Sachin Prakash Polke and 9 others. The longest-serving is Chetan Navnitlal Shah, on the board since 1982; the most recent to join is Wilson Mathais, appointed in February 2026. 19 former directors are on record; the most recent to leave was Navita Gaiha in June 2020. Between them, the directors also sit on the boards of 4 other companies, including Ashapura International Limited and Ashapura Resources Private Limited.

Paid-up capital stands at ₹19.11 crore out of ₹90 crore authorised. The last AGM on record was on 24 September 2025, for accounts made up to 31 March 2025. 16 charges (secured loans) are still open, with Union Bank Of India and Hdfc Bank Limited among the lenders, and 15 more have been paid off. Its shares trade on BSE (527001) and NSE (SHAPURMIN).

Metals and Minerals ••••••••
  • Location Jeevan Udyog Bldg., 3 Rd Floor, 278 D. N. Rd, Fort, Mumbai, Maharashtra - 400001
  • Website ashapura.com
LinkedIn
Name History
Legal NameAshapura Minechem Ltd
CIN / LLPINL14108MH1982PLC026396
Company No.026396
Stock Symbol BSE: 527001 | NSE: SHAPURMIN
ClassificationPublic Limited Indian Non-Government Company
Incorporation Date1982-02-19
Date of AGM2025-09-24
Date of Balance Sheet2025-03-31
Listing StatusListed
ROC CodeRoc Mumbai I
PAN
LEI Number
Active ComplianceActive Compliant

Current Directors of Ashapura (12) Current board members from MCA filings, including designation and appointment details.

D
Dipak Vora
Director | Since 2025-01-23 | DIN: 00317106
H
Hemul Ramesh Shah
CEO | Since 2020-12-30
S
Sachin Prakash Polke
Company Secretary | Since 2002-07-01 | DIN: 02019164
A
Ashish Sureshchandra Desai
CFO | Since 2019-06-12
J
Jagdish Bhoja Shetty
Director | Since 2026-02-05 | DIN: 02152377
H
Hemul Ramesh Shah
Whole-time director | Since 2020-12-30 | DIN: 00058558

Financial Performance of Ashapura Bands and Low / Medium / High trend shape. Exact figures unlock with your report.

Estimated bands · FY 2025
Revenue ₹1000+ Cr ▲ 3.6%
P&L ₹100–500 Cr ▲ 2.6%
EBITDA ₹100–500 Cr ▲ 80.7%
Net worth ₹1000+ Cr ▲ 31.4%

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Charges of Ashapura Open and satisfied charges registered against the company with MCA.

Others : 214.18 cr
Union Bank Of India : 55.77 cr
Hdfc Bank Limited : 25.00 cr
Open Charges: 16 Satisfied Charges: 15
Open 1,802.02 cr
Satisfied 226.26 cr
LenderAmountStatus
Others
Creation Date: 17 Nov 2022
 5.00 cr Open
Others
Creation Date: 28 Oct 2022
 2.68 cr Open
Others
Creation Date: 03 Jan 2018
 206.50 cr Open

Business Activity Principal business activity and turnover mix from MCA filings.

Activity GroupDescriptionTurnover %
TradeWholesale Trading7
ManufacturingPlastic products, non-metallic mineral products, rubber products, fabricated metal products39
Mining and quarryingOther Mining & Quarrying Activities35

Companies With Common Directors Of Ashapura Other companies that share directors with this entity, based on MCA and compliance network data.

Board Overlap From MCA / Compliance Filings

Ashapura International Limited 1 Shared Director
Ashapura Resources Private Limited 1 Shared Director
Secure And Safe Consultancy Services Pri Vate Limited 1 Shared Director
Sna Corporate Solutions Private Limited 1 Shared Director

Financial Ratios of Ashapura Profitability, leverage, and liquidity ratios from filed statements. Exact values unlock with your report.

11 years of ratios on record

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Net profit margin Debt / Equity Current ratio ROE

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Shareholding Pattern of Ashapura Ownership and contribution detail from filings. Full breakdown unlocks with your report.

9 shareholder categories on record

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Ownership mix Category breakdown Year-wise pattern Promoter holding

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Employees and EPFO Compliance at Ashapura EPFO establishments, contributions, and headcount history. Full records unlock with your report.

1 establishment linked

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Monthly headcount PF contributions ECR filing status Establishment history

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GST Compliance of Ashapura GST registrations and filing status by state. Full compliance detail unlocks with your report.

State-wise registrations, return filing status, HSN and SAC details, and jurisdiction records require an active report plan.

GSTIN registrations State-wise filing status HSN and SAC details Tax jurisdiction records

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Credit Ratings, Litigation & Regulatory Alerts for Ashapura Ratings, court records, and regulatory alerts. Full risk detail unlocks with your report.

2 regulatory flags on record

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Rating history Court and tribunal cases Regulatory alerts Director-linked violations

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MSME Payment Delays by Ashapura MSME supplier payment delays and filing history. Full amounts unlock with your report.

Amounts outstanding to micro and small suppliers, delay reasons, and MSME-1 filing history require an active report plan.

Outstanding amounts Delay periods and reasons MSME-1 filing history Vendor payment signals

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Subsidiaries & Group Companies of Ashapura Parent, subsidiary, and related group entities. Full ownership map unlocks with your report.

6 subsidiaries on record

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Parent company Subsidiaries and ownership Associates and joint ventures Entity investments

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MCA Filings & Documents of Ashapura Official MCA forms, returns, and filing index. Document access unlocks with your report.

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Incorporation documents Annual returns and statements Charge filings Complete filing index

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Frequently Asked Questions about Ashapura Common questions about this company from MCA and profile data. Some answers are limited until unlocked.
Who is the owner of Ashapura?
MCA does not publish an "owner" field. Ashapura is run by its directors, Dipak Vora, Hemul Ramesh Shah, Sachin Prakash Polke and nine others. It is owned by its shareholders, and the promoter holding is in the shareholding pattern it files with the stock exchanges.
Who are the current board members and directors of Ashapura?
Ashapura has 12 current directors: Dipak Vora (since January 2025), Hemul Ramesh Shah (since December 2020), Sachin Prakash Polke (since July 2002), Ashish Sureshchandra Desai (since June 2019), Jagdish Bhoja Shetty (since February 2026) and Hemul Ramesh Shah (since December 2020), plus 6 more.
What is CIN of Ashapura?
The CIN of Ashapura is L14108MH1982PLC026396. Reading it left to right: L means it is listed, 14108 is the industry code it registered under, MH is Maharashtra, 1982 is the year it was registered, PLC is the company type and 026396 is its registration number.
When was Ashapura incorporated?
Ashapura was incorporated on 19 February 1982 with ROC Mumbai I. That makes it more than 44 years old.
What is the registered address of Ashapura?
The registered office on MCA records is Jeevan Udyog Bldg., 3 Rd Floor, 278 D. N. Rd, Fort, Mumbai, Maharashtra - 400001.
What is the current status of Ashapura?
MCA shows Ashapura as Active, and its last AGM on record was in September 2025.
What is the contact number or email for Ashapura?
You can post to its registered office at Jeevan Udyog Bldg., 3 Rd Floor, 278 D. N. Rd, Fort, Mumbai, Maharashtra - 400001 and use its website, https://ashapura.com.
What industry or business activity is Ashapura associated with?
Its MCA filings list the main business as wholesale Trading (7% of turnover).
What is paid-up capital and authorised share capital of Ashapura?
Paid-up capital is ₹19.11 crore and authorised capital is ₹90 crore, so about 21% of the authorised amount has been issued.
When did Ashapura last file accounts and hold an AGM?
The last AGM on record was on 24 September 2025, and the latest balance sheet is for the year ending 31 March 2025.
Where can I see charges and lenders for Ashapura?
16 charges against Ashapura are still open and 15 have been satisfied. Lenders named in the filings include Union Bank Of India and Hdfc Bank Limited.
Have any directors left Ashapura?
Yes, 19 former directors are on record. The most recent to leave were Navita Gaiha (June 2020), Ajay Phalod Murlidhar (February 2020) and Ashok Manilal Kadakia (September 2018).
Which companies share directors with Ashapura?
4 companies share directors with Ashapura. Among them are Ashapura International Limited, Ashapura Resources Private Limited, Secure And Safe Consultancy Services Pri Vate Limited and 1 more.
What is the turnover or revenue of Ashapura?
Based on filed financial statements, the revenue of Ashapura for FY 2025 was in the ₹1000+ Cr range. That is up 3.6% on the previous year. Exact year-wise revenue, profit and balance sheet figures are on the Financial tab.
What is the net worth of Ashapura?
For FY 2025, the net worth of Ashapura was in the ₹1000+ Cr range.
How can I get the financial details of Ashapura?
The latest accounts on record are for FY 2025. The Financial tab has year-wise profit and loss, balance sheet and ratios, with exact figures after you sign in.
What is the official website of Ashapura?
The website on record for Ashapura is https://ashapura.com.
Which company owns ashapura.com?
ashapura.com is the website listed for Ashapura Minechem Ltd in its company records.
Is Ashapura registered with any stock exchange in India?
It is listed on both BSE (scrip code 527001) and NSE (symbol SHAPURMIN).
Ashapura - is it listed or unlisted?
Ashapura is a listed company, and its CIN starts with L.
What is the ROC code of Ashapura?
Ashapura is registered with ROC Mumbai I.
What is the company classification of Ashapura?
MCA classifies Ashapura as: Public Limited Indian Non-Government Company.
Does Ashapura have subsidiaries?
Yes, 6 subsidiaries are on record for Ashapura.
Does Ashapura have GST registrations on file?
Yes, 6 active GST registrations are linked to Ashapura, usually one per state it operates in.

Disclaimer: Data on this page is compiled from public sources as available in our system at the time of the last update and is for general information only. Scores are derived indicators, not credit ratings or advice - please verify from official sources and consult a professional before making any business or financial decision.