Ashoka Metcast Limited was incorporated as 'Tanya Estate Private Limited' on July 29, 2009 with the Registrar of Companies, Gujarat. The name of the Company was changed from 'Tanya Estate Private Limited' to 'Ashoka Metcast Private Limited' through a fresh Certificate of Incorporation issued on September 13, 2017 by the Registrar of Companies, Gujarat at Dadra and Nagar Haveli. Further, the Company status changed to a Public Limited and the name of the Company was changed to Ashoka Metcast Limited vide fresh Certificate of Incorporation issued by the RoC on November 09, 2017.
The Company is part of Gujarat based diversified business group currently promoted by Mr. Shalin Ashok Shah and Family. The Company had in its earlier years began to develop real estate, infrastructure and land plo ...tting vertical; however; due to unforeseen circumstances and changes in market dynamics, the real estate business division faced delays in execution of its plans and eventually could not complete the proposed acquisition and related plans. Hence, Company thereafter became non-operative for since incorporation and has been over time looking to re-align its business model and financial allocations.
The Company commenced its trading operations in September, 2017. But, however in 2017, the Company changed its main objects and is presently engaged in trading of structural steel products such as TMT bars, angles, channels, MS Bars etc. Further, the Company acquired 100% stake in Shree Ghantakarna Rolling Mills Pvt. Ltd., making it a wholly owned subsidiary company in 2017.
In January 2018, the Company raised money through IPO with a Public Issue of 60,00,000 Equity Shares aggregating Rs 12 Crore.
1. Can I buy Ashoka Metcast Ltd from PL Capital? ›
Yes, you can invest in Ashoka Metcast Ltd shares directly through PL Capital. Our platform provides a seamless and secure way to buy, hold, and track Ashoka Metcast Ltd stock along with other leading companies listed on the NSE and BSE. Simply open a Demat and trading account with PL Capital, and you’ll be able to trade Ashoka Metcast Ltd as well as diversify your portfolio across equities, mutual funds, IPOs, and more.
2. Does Ashoka Metcast Ltd pay dividends? ›
Ashoka Metcast Ltd does not currently pay dividends. Investors in this case primarily benefit from capital appreciation, where the value of the stock may rise over time depending on business growth and market conditions.
3. What is the current share price of Ashoka Metcast Ltd ? ›
As of
04-11-2025 the share price for Ashoka Metcast Ltd. is 16.73 on the NSE (Note: Prices are dynamic and update frequently during market hours).
4. What is the 52-week high and low of Ashoka Metcast Ltd ? ›
The 52-week high and low of Ashoka Metcast Ltd share price is ₹ 15 - ₹ 29 as of
04-11-2025 .
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