Ashirvad pipes private limited
ActiveAshirvad is a pioneering company in India, recognized as the first to receive BIS certification for CPVC pipes manufactured as per IS 15778 standards. They offer a wide range of durable and safe plumbing solutions for home, agriculture, and hot water applications. Their products include CPVC pipes, PVC pipes, Agri pipes, HDPE pipes, and water storage tanks featuring advanced technologies like Nano-Silver Technology for microbial protection. Ashirvad is part of Aliaxis and has over 25 years of excellence in fluid management solutions.
Company Overview
| Category | Company limited by shares |
| Class | Private |
| Sub-Category | Non-government company |
| Listed | Unlisted |
| Age | 28 years, 10 months, 14 days |
| Auth. Capital | โน5,00,00,000 |
| Paid-Up Capital | โน4,41,00,000 |
| Last AGM | 23-09-2024 |
| Last Balance Sheet | 31-03-2024 |
Business Activity
| NIC Code | 8511 |
| Sector | Hospital activities.[Includes the activities of general and specialized hospitals, sanatoria, asylums, rehabilitation centres, dental centres and other health institutions that have accommodation facilities, including military base and prison hospitals]. |
| Division | HEALTH AND SOCIAL WORK |
| Group | Human health activities |
Profit & Loss (Cr.)
Year-wise financial performance. All values in Indian Rupees Crore (Cr.).
| Financial Year | Paid Up Capital | Net Worth | Total Income | Total Expense | Profit Before Tax | Income Tax | Profit After Tax |
|---|---|---|---|---|---|---|---|
| 2024 | 4.41 | 2530.52 | 4739.50 | 4706.85 | 32.65 | 15.49 | 17.16 |
| 2023 | 4.41 | 2514.10 | 4549.18 | 4412.98 | 136.20 | 47.72 | 88.48 |
| 2022 | 4.41 | 2426.80 | 4522.79 | 3837.43 | 685.36 | 170.32 | 515.04 |
| 2021 | 4.41 | 1912.46 | 3519.65 | 2899.83 | 619.82 | 158.96 | 460.86 |
| 2020 | 4.41 | 1453.30 | 2932.00 | 2496.56 | 435.44 | 95.85 | 339.59 |
| 2019 | 4.41 | 1115.46 | 2674.17 | 2268.92 | 405.25 | 141.78 | 263.47 |
| 2018 | 4.41 | 852.20 | 2360.28 | 1953.20 | 407.08 | 139.87 | 267.21 |
| 2017 | 4.41 | 723.01 | 2035.18 | 1707.53 | 327.65 | 110.71 | 216.94 |
| 2016 | 0.00 | 0.01 | 0.02 | 0.01 | 0.00 | 0.00 | 0.00 |
| 2015 | 4.41 | 460.30 | 1401.02 | 1231.08 | 169.94 | 52.14 | 117.80 |
Financial Performance Over the Years
Current Directors & Key Managerial Personnel
Directors currently active in Ashirvad pipes private limited.
| DIN | Name | Designation | Appointed On | Wealth Segment | Current Directorships |
|---|---|---|---|---|---|
| 08721916 | ARVIND CHANDRASEKHARAN | Managing Director | 2024-01-16 | โ | โ |
| 10337691 | SOPHIE DESORMIERE | Director | 2023-11-23 | โ | 1 |
| 07109252 | RAMESH RAMADURAI | Additional Director | 2024-05-17 | โ | 3 |
| 08785774 | STICKER KOEN JOZEF A | Director | 2020-08-05 | โ | 1 |
| 09191616 | ERIC CARL OLSEN | Director | 2021-08-31 | โ | โ |
Past Directors & Key Managerial Personnel
Former directors who have ceased their association with Ashirvad pipes private limited.
| DIN | Name | Designation | Appointed On | Wealth Segment | Cessation Date |
|---|---|---|---|---|---|
| 08771584 | DOS SANTOS MAYA VIANNA GUSTAVO | Additional Director | - | โ | 2020-08-05 |
| 08771584 | DOS SANTOS MAYA VIANNA GUSTAVO | Director | - | โ | 2021-02-09 |
| 00038685 | DEEPAK PODDAR | Director | - | โ | 2015-03-06 |
| 00038685 | DEEPAK PODDAR | Whole-time director | - | โ | 2018-07-05 |
| 07238008 | LAURENT REMY PIERRE | Director | - | โ | 2015-10-15 |
| 07238008 | LAURENT REMY PIERRE | Nominee Director | - | โ | 2020-07-31 |
| 08721916 | ARVIND CHANDRASEKHARAN | Additional Director | - | โ | 2023-11-30 |
| 08721916 | ARVIND CHANDRASEKHARAN | Director | - | โ | 2024-01-29 |
| 08721916 | ARVIND CHANDRASEKHARAN | Managing Director | - | โ | 2024-01-28 |
| 07540403 | MANUEL MARIE N MONARD | Additional Director | - | โ | 2016-09-30 |
| 07540403 | MANUEL MARIE N MONARD | Director | - | โ | 2016-11-29 |
| 10337691 | SOPHIE DESORMIERE | Additional Director | - | โ | 2023-10-24 |
| 10337691 | SOPHIE DESORMIERE | Director | - | โ | 2024-01-29 |
| 10337691 | SOPHIE DESORMIERE | Managing Director | - | โ | 2023-11-30 |
| 02703212 | DEEPAK MEHROTRA | Managing Director | - | โ | 2023-10-01 |
| 02703212 | DEEPAK MEHROTRA | Nominee Director | - | โ | 2018-07-05 |
| 06486933 | COLIN DAVID LEACH | Additional Director | - | โ | 2013-09-30 |
| 06486933 | COLIN DAVID LEACH | Director | - | โ | 2016-03-19 |
| 06497615 | PIERRE MARIE BERNARD GHISLAIN GENOT | Additional Director | - | โ | 2013-09-30 |
| 06497615 | PIERRE MARIE BERNARD GHISLAIN GENOT | Director | - | โ | 2015-03-06 |
| 06497615 | PIERRE MARIE BERNARD GHISLAIN GENOT | Whole-time director | - | โ | 2016-06-30 |
| 06495832 | YVES EMILE MERTENS | Additional Director | - | โ | 2013-09-30 |
| 06495832 | YVES EMILE MERTENS | Director | - | โ | 2015-06-22 |
| 00004757 | MUTHURAMAN BALASUBRAMANIAN | Additional Director | - | โ | 2017-09-30 |
| 00004757 | MUTHURAMAN BALASUBRAMANIAN | Director | - | โ | 2024-01-31 |
| 00038340 | VIKAS PODDAR | Director | - | โ | 2015-03-06 |
| 00038340 | VIKAS PODDAR | Whole-time director | - | โ | 2018-07-05 |
| 05209753 | TOM LYDIE JOHAN VAN GYSEGHEM | Additional Director | - | โ | 2013-09-30 |
| 05209753 | TOM LYDIE JOHAN VAN GYSEGHEM | Director | - | โ | 2023-07-19 |
| 08785774 | STICKER KOEN JOZEF A | Additional Director | - | โ | 2020-08-05 |
| 09191616 | ERIC CARL OLSEN | Additional Director | - | โ | 2021-08-31 |
| 00480090 | PAWAN PODDAR | Director | - | โ | 2019-07-04 |
| 00480090 | PAWAN PODDAR | Managing Director | - | โ | 2018-07-05 |
| 01757264 | RAMANUJAN RADHA | CFO | - | โ | 2023-11-21 |
| 02254168 | RAJEEV PANDIYA | CFO(KMP) | - | โ | 2019-09-11 |
| 02254168 | RAJEEV PANDIYA | Director | - | โ | 2016-09-30 |
| 02254168 | RAJEEV PANDIYA | Whole-time director | - | โ | 2017-11-14 |
Satisfied Charges
| Charge ID | 10572244 |
| Holder | ICICI BANK LIMITED |
| Amount | โน1,00,00,00,000 |
| Created | 27-04-2015 |
| Satisfied | 06-12-2019 |
| Assets | null |
| Charge ID | 10556471 |
| Holder | BNP PARIBAS |
| Amount | โน50,00,00,000 |
| Created | 10-12-2014 |
| Satisfied | 17-06-2019 |
| Assets | null |
| Charge ID | 10521216 |
| Holder | ICICI BANK LIMITED |
| Amount | โน65,00,00,000 |
| Created | 26-06-2014 |
| Satisfied | 31-05-2022 |
| Assets | null |
| Charge ID | 10534385 |
| Holder | ICICI Bank Limited |
| Amount | โน57,00,00,000 |
| Created | 26-06-2014 |
| Satisfied | 06-12-2019 |
| Assets | null |
| Charge ID | 10528627 |
| Holder | BNP PARIBAS |
| Amount | โน70,00,00,000 |
| Created | 25-06-2014 |
| Satisfied | 17-06-2019 |
| Assets | null |
| Charge ID | 10528623 |
| Holder | BNP PARIBAS |
| Amount | โน1,25,00,00,000 |
| Created | 20-06-2014 |
| Satisfied | 30-05-2022 |
| Assets | Book debts; Inventories in Trade |
| Charge ID | 10507455 |
| Holder | HSBC Bank (Mauritius) Limited |
| Amount | โน46,00,87,500 |
| Created | 14-04-2014 |
| Satisfied | 27-02-2018 |
| Assets | Movable property (not being pledge) |
| Charge ID | 10477803 |
| Holder | The Hongkong and Shanghai Banking Corporation Limited |
| Amount | โน1,27,00,00,000 |
| Created | 30-01-2014 |
| Satisfied | 25-05-2022 |
| Assets | Book debts; STOCKS AND BOOK DEBTS |
| Charge ID | 10472571 |
| Holder | KOTAK MAHINDRA BANK LIMITED |
| Amount | โน1,00,00,00,000 |
| Created | 04-12-2013 |
| Satisfied | 14-06-2022 |
| Assets | Book debts; Floating charge; Current assets |
| Charge ID | 90200802 |
| Holder | State Bank of India |
| Amount | โน6,02,00,000 |
| Created | 03-03-2003 |
| Satisfied | 08-01-2014 |
| Assets | Book debts |
| Charge ID | 90199611 |
| Holder | State Bank of India |
| Amount | โน1,71,72,00,000 |
| Created | 03-03-2003 |
| Satisfied | 03-10-2014 |
| Assets | Book debts |
| Charge ID | 90200266 |
| Holder | VIJAYA BANK |
| Amount | โน30,00,000 |
| Created | 22-04-1998 |
| Satisfied | 29-07-2009 |
| Assets | null |
| Charge ID | 90197612 |
| Holder | VIJAYA BANK |
| Amount | โน5,00,000 |
| Created | 24-09-1999 |
| Satisfied | 29-07-2009 |
| Assets | null |
| Charge ID | 90197508 |
| Holder | [VIJAYA BANK |
| Amount | โน25,00,000 |
| Created | 19-02-1999 |
| Satisfied | 29-07-2009 |
| Assets | null |
| Charge ID | 90197450 |
| Holder | VIJAYA BANK |
| Amount | โน7,00,000 |
| Created | 17-11-1998 |
| Satisfied | 29-07-2009 |
| Assets | Book debts |
| Charge ID | 90196327 |
| Holder | VIJAYA BANK |
| Amount | โน26,00,000 |
| Created | 17-12-1997 |
| Satisfied | 29-07-2009 |
| Assets | null |
| Charge ID | 90199421 |
| Holder | VIJAYA BANK |
| Amount | โน11,00,000 |
| Created | 10-03-2001 |
| Satisfied | 29-07-2009 |
| Assets | null |
| Charge ID | 90200586 |
| Holder | VIJAYA BANK |
| Amount | โน11,00,000 |
| Created | 10-03-2001 |
| Satisfied | 29-07-2009 |
| Assets | null |
| Charge ID | 90197286 |
| Holder | VIJAYA BANK |
| Amount | โน55,00,000 |
| Created | 18-12-1997 |
| Satisfied | 29-07-2009 |
| Assets | null |
| Charge ID | 90200257 |
| Holder | VIJAYA BANK |
| Amount | โน20,00,000 |
| Created | 24-03-1998 |
| Satisfied | 29-07-2009 |
| Assets | null |
| Charge ID | 90197461 |
| Holder | VIJAYA BANK |
| Amount | โน16,92,000 |
| Created | 05-12-1998 |
| Satisfied | 29-07-2009 |
| Assets | null |
| Charge ID | 90197620 |
| Holder | [VIJAYA BANK |
| Amount | โน17,25,000 |
| Created | 29-09-1999 |
| Satisfied | 29-07-2009 |
| Assets | null |
| Charge ID | 90200349 |
| Holder | VIJAYA BANK |
| Amount | โน25,00,000 |
| Created | 19-02-1999 |
| Satisfied | 29-07-2009 |
| Assets | null |
| Charge ID | 90200583 |
| Holder | [VIJAYA BANK |
| Amount | โน97,50,000 |
| Created | 24-02-2001 |
| Satisfied | 29-07-2009 |
| Assets | null |
| Charge ID | 90200421 |
| Holder | VIJAYA BANK |
| Amount | โน5,00,000 |
| Created | 24-09-1999 |
| Satisfied | 24-03-2003 |
| Assets | null |
| Charge ID | 90197353 |
| Holder | VIJAYA BANK |
| Amount | โน30,00,000 |
| Created | 22-04-1998 |
| Satisfied | 24-03-2003 |
| Assets | null |
| Charge ID | 90197332 |
| Holder | VIJAYA BANK |
| Amount | โน20,00,000 |
| Created | 24-03-1998 |
| Satisfied | 24-03-2003 |
| Assets | null |
| Charge ID | 90200422 |
| Holder | VIJAYA BANK |
| Amount | โน17,25,000 |
| Created | 29-09-1999 |
| Satisfied | 29-07-2009 |
| Assets | null |
| Charge ID | 100208978 |
| Holder | CREDIT AGRICOLE CORPORATE & INVESTMENT BANK |
| Amount | โน2,00,00,00,000 |
| Created | 01-10-2018 |
| Satisfied | 23-05-2022 |
| Assets | Book debts; Stocks |
| Charge ID | 100206271 |
| Holder | THE HONGKONG AND SHANGHAI BANKING CORPORATION LIMITED |
| Amount | โน48,00,00,000 |
| Created | 16-08-2018 |
| Satisfied | 18-06-2019 |
| Assets | Movable property (not being pledge); PLANT AND MACHINERIES |
Employee Trend (PF)
Monthly EPF contribution data showing employee headcount and wages paid.
| Month | Employee Count | Amount Paid (EPF) |
|---|---|---|
| DEC-22 | 2554 | โน1,69,33,194 |
| JAN-23 | 2570 | โน1,71,59,065 |
| FEB-23 | 2578 | โน1,71,44,737 |
| MAR-23 | 2583 | โน1,72,37,598 |
| APR-23 | 2625 | โน1,81,50,933 |
| MAY-23 | 2578 | โน1,82,89,323 |
| JUN-23 | 2618 | โน1,84,73,483 |
| JUL-23 | 2625 | โน1,85,41,230 |
About Ashirvad
Ashirvad pipes private limited (CIN: U85110KA1997PTC021831) is a active private company incorporated on 1997-02-18, registered under ROC Bangalore. The company operates in the hospital activities.[includes the activities of general and specialized hospitals, sanatoria, asylums, rehabilitation centres, dental centres and other health institutions that have accommodation facilities, including military base and prison hospitals]. sector (NIC Code: 8511).
For financial year 2024, Ashirvad pipes private limited reported a total income of โน47,39,50,00,000, placing it in the 500+ Crore INR revenue bracket .
The company has 5 current directors : ARVIND CHANDRASEKHARAN , SOPHIE DESORMIERE , RAMESH RAMADURAI , STICKER KOEN JOZEF A , ERIC CARL OLSEN . 37 past directors are also on record.
Registered Address: Plot No.27-P, 28-P, 29 & 30,, Jigani, Anekal, Karnataka 560105, India