Aajco Energy Private Limited

Manufactures and trades lead acid tubular stationary batteries for various clients.

1984 | Kolhapur, Maharashtra (India) | Active
Last Updated: December 14, 2024

Aajco Energy Profile

Key Indicators

  • Authorised Capital ₹ 3.50 M
  • Paid Up Capital ₹ 1.00 M
  • Company Age 41 Year, 19 Days
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 1.60 Cr
  • Satisfied Charges ₹ 3.79 Cr
  • Revenue Growth 20.89%
  • Profit Growth 68.88%
  • Ebitda 18.23%
  • Net Worth 12.62%
  • Total Assets 8.62%

About Aajco Energy

Aajco Energy Private Limited (AEPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 19 January 1984 and has a history of 41 years. Its registered office is in Kolhapur, Maharashtra, India.

The Corporate was formerly known as Aaj Accumulators Pvt Ltd. The Company is engaged in the Consumer Electronics & Durables Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 3.50 M and a paid-up capital of Rs 1.00 M.

The company currently has active open charges totaling ₹1.60 Cr. The company has closed loans amounting to ₹3.79 Cr, as per Ministry of Corporate Affairs (MCA) records.

Soham Gurav and Vaishali Gurav serve as directors at the Company.

Company Details

  • Location

    Kolhapur, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U31402PN1984PTC031867

  • Company No.

    031867

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    19 Jan 1984

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Pune

Industry

Consumer Electronics & Durables

What products or services does Aajco Energy Private Limited offer?

Aajco Energy Private Limited offers a wide range of products and services, including Tubular Battery, Okaya Tubular Batteries, Batteries & Charge Storage Devices, Industrial Batteries, Lead Acid Battery, Lead Battery.

Who are the key members and board of directors at Aajco Energy?

Board Members (2)

Name Designation Appointment Date Status
Soham Gurav Country flag representing In Director 30-Sep-2023 Current
Vaishali Gurav Country flag representing In Director 30-Sep-2023 Current

Financial Performance of Aajco Energy.

Aajco Energy Private Limited, for the financial year ended 2021, experienced significant growth in revenue, with a 20.89% increase. The company also saw a substantial improvement in profitability, with a 68.88% increase in profit. The company's net worth Soared by an impressive increase of 12.62%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
20.89%
Revenue from Operations
20.80%
Total Assets
8.62%
Profit or Loss
68.88%
Net Worth
12.62%
EBITDA
18.23%

What is the Ownership and Shareholding Structure of Aajco Energy?

In 2021, Aajco Energy had a promoter holding of 59.48% and a public holding of 40.52%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹16.00 M

Satisfied Charges

₹37.93 M

Charges Breakdown by Lending Institutions

  • Others : 1.60 Cr

Latest Charge Details

Date Lender Amount Status
07 Oct 2024 Others ₹1.60 Cr Open
29 Oct 2022 Idbi Bank Limited ₹3.50 M Satisfied
29 Jun 2020 Idbi Bank Limited ₹4.10 M Satisfied
28 Feb 2019 Idbi Bank Limited ₹1.95 Cr Satisfied
30 Aug 2016 Idbi Bank Limited ₹0.40 M Satisfied

How Many Employees Work at Aajco Energy?

Aajco Energy has a workforce of 13 employees as of Apr 06, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Aajco Energy, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Aajco Energy's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Aajco Energy

Recent activity within the organization

  • Charges

    A charge with Others amounted to Rs. 16.00 M with Charge ID 100999343 was registered on 07 Oct 2024.

    07 Oct 2024

  • Annual General Meeting

    Aajco Energy Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Charges

    A charge registered on 23 Sep 2001 via Charge ID 90091657 with Saraswac Co-Operative Bank Limited was fully satisfied on 14 Jun 2024.

    14 Jun 2024

  • Charges

    A charge registered on 29 Oct 2022 via Charge ID 100657482 with Idbi Bank Limited was fully satisfied on 09 May 2024.

    09 May 2024

  • Charges

    A charge registered on 28 Feb 2019 via Charge ID 100247586 with Idbi Bank Limited was fully satisfied on 09 May 2024.

    09 May 2024

  • Charges

    A charge registered on 05 Nov 2002 via Charge ID 90082819 with Idbi Bank Limited was fully satisfied on 09 May 2024.

    09 May 2024

Frequently asked questions

  • Aajco Energy Private Limited was incorporated on 19 Jan 1984.

  • The authorized share capital of Aajco Energy Private Limited is ₹ 3.50 M and paid-up capital is ₹ 1.00 M.

  • Currently 2 directors are associated with Aajco Energy Private Limited.

    • Soham Samir Gurav
    • Vaishali Sameer Gurav
  • As per Ministry of Corporate Affairs (Mca), the registered address of Aajco Energy Private Limited is W-54, Midc Shiroli India, Kolhapur, Maharashtra, 416122.

  • The corporate identification number (CIN) of Aajco Energy Private Limited is U31402PN1984PTC031867 and the company number is 031867 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Aajco Energy Private Limited is https://www.aajaccumulators.in

  • According to the financial reports for the fiscal year 2021, the revenue trend for Aajco Energy Private Limited has risen by 20.89%.

  • As Per 2021 financial reports, 13 employees are currently employed by Aajco Energy Private Limited.

  • The financial reports for the fiscal year 2021 indicates that The net worth of Aajco Energy Private Limited has experienced an upsurge of 12.62%.

  • As per the financial statements for fiscal Year 2021, The total open charges for Aajco Energy Private Limited amount to ₹ 1.60 Cr.

  • The most recent Balance Sheet for Aajco Energy Private Limited was filed with the ROC on 31 Mar 2024.

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