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About Ashoka Metcast Ltd
Stock PE (TTM)
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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 plotting 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.
Ashoka Metcast share price as on 05 Dec 2025 is Rs. 15.95. Over the past 6 months, the Ashoka Metcast share price has decreased by 6.73% and in the last one year, it has decreased by 34.84%. The 52-week low for Ashoka Metcast share price was Rs. 15 and 52-week high was Rs. 25.7.
540923
ASHOKAMET
INE760Y01011
Sep
Ashoka Metcast Ltd FAQs
You can buy Ashoka Metcast Ltd shares through a brokerage firm. ICICIdirect is a registered broker through which you can place orders to buy Ashoka Metcast Ltd Share.
Company share prices and volatile and keep changing according to the market conditions. As of Dec 05, 2025 09:58 AM the closing price of Ashoka Metcast Ltd was Rs.15.95.
The latest PE ratio of Ashoka Metcast Ltd as of Dec 05, 2025 09:58 AM is 6.16
The latest PB ratio of Ashoka Metcast Ltd as of Dec 05, 2025 09:58 AM is 0.36
The 52-week high of Ashoka Metcast Ltd share price is Rs. 25.70 while the 52-week low is Rs. 15.00
Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of Dec 05, 2025 09:58 AM, the market cap of Ashoka Metcast Ltd stood at Rs. 39.87 Cr.
Market Outlook
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