Aaress Auto Pvt Ltd

Manufacturer of auto and electrical components with ISO certification, established in 1988.

1988 | Haryana, Haryana (India) | Active
Last Updated: July 04, 2024

Aaress Auto Profile

Key Indicators

  • Authorised Capital ₹ 2.50 M
  • Paid Up Capital ₹ 2.36 M
  • Company Age 36 Year, 8 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 7.50 Cr
  • Satisfied Charges ₹ 12.19 Cr
  • Revenue Growth 31.71%
  • Profit Growth 299.56%
  • Ebitda 48.19%
  • Net Worth 18.99%
  • Total Assets 25.51%

About Aaress Auto

Aaress Auto Pvt Ltd (AAPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 13 June 1988 and has a history of 36 years and eight months. Its registered office is in Haryana, Haryana, India.

The Company is engaged in the Automotive Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 2.50 M and a paid-up capital of Rs 2.36 M.

The company currently has active open charges totaling ₹7.50 Cr. The company has closed loans amounting to ₹12.19 Cr, as per Ministry of Corporate Affairs (MCA) records.

Rajiv Gupta, Sanjeev Gupta, Vinod Gupta, and Two other members serve as directors at the Company.

Company Details

  • Location

    Haryana, Haryana, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    aaressauto.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U27310HR1988PTC030291

  • Company No.

    030291

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    13 Jun 1988

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Delhi

Industry

Automotive

What products or services does Aaress Auto Pvt Ltd offer?

Aaress Auto Pvt Ltd offers a wide range of products and services, including Gearbox, Axle, Sprocket & Gear Parts, Gearbox Parts, Seals, Oil Seals & Industrial Seals, Seals, Industrial & Engineering Goods, Surface Plates, Die Casting & Investment Castings, Industrial Casting, Metal Castings, Clutch, Clutch Parts & Accessories.

Who are the key members and board of directors at Aaress Auto?

Executive Team (1)

Name Designation Appointment Date Status
Brij Gupta Country flag representing In Managing Director 07-Jan-1993 Current

Board Members (4)

Name Designation Appointment Date Status
Rajiv Gupta Country flag representing In Whole-Time Director 31-Mar-2015 Current
Sanjeev Gupta Country flag representing In Whole-Time Director 31-Mar-2015 Current
Vinod Gupta Country flag representing In Whole-Time Director 07-Jan-1993 Current
Kanta Gupta Country flag representing In Director 13-Jun-1988 Current

Financial Performance of Aaress Auto.

Aaress Auto Pvt Ltd, for the financial year ended 2023, experienced significant growth in revenue, with a 31.71% increase. The company also saw a substantial improvement in profitability, with a 299.56% increase in profit. The company's net worth Soared by an impressive increase of 18.99%.

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
31.71%
Revenue from Operations
31.73%
Total Assets
25.51%
Profit or Loss
299.56%
Net Worth
18.99%
EBITDA
48.19%

What is the Ownership and Shareholding Structure of Aaress Auto?

In 2023, Aaress Auto had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹75.00 M

Satisfied Charges

₹121.90 M

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 7.50 Cr

Latest Charge Details

Date Lender Amount Status
05 Dec 2017 Hdfc Bank Limited ₹7.50 Cr Open
14 Jan 2019 Sidbi ₹7.00 M Satisfied
15 Jun 2018 Hdfc Bank Limited ₹1.00 Cr Satisfied
16 Oct 2015 State Bank Of India ₹3.00 Cr Satisfied
13 Nov 2014 Small Industries Development Bank Of India ₹1.25 Cr Satisfied

How Many Employees Work at Aaress Auto?

Aaress Auto has a workforce of 95 employees as of Apr 10, 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 Aaress Auto, 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 Aaress Auto'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 Aaress Auto

Recent activity within the organization

  • Annual General Meeting

    Aaress Auto Pvt Ltd last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Charges

    A charge with Hdfc Bank Limited of Rs. 75.00 M registered on 05 Dec 2017 with Charge ID 100147898 was modified on 26 Sep 2023.

    26 Sep 2023

  • Charges

    A charge registered on 14 Jan 2019 via Charge ID 100230541 with Sidbi was fully satisfied on 08 May 2023.

    08 May 2023

  • Balance Sheet

    Aaress Auto Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Delhi.

    31 Mar 2023

  • Charges

    A charge registered on 15 Jun 2018 via Charge ID 100206951 with Hdfc Bank Limited was fully satisfied on 13 May 2022.

    13 May 2022

  • Charges

    A charge with Sidbi amounted to Rs. 7.00 M with Charge ID 100230541 was registered on 14 Jan 2019.

    14 Jan 2019

Frequently asked questions

  • Aaress Auto Pvt Ltd was incorporated on 13 Jun 1988.

  • The authorized share capital of Aaress Auto Pvt Ltd is ₹ 2.50 M and paid-up capital is ₹ 2.36 M.

  • Currently 5 directors are associated with Aaress Auto Pvt Ltd.

    • Rajiv Gupta
    • Sanjeev Gupta
    • Vinod Kumar Gupta
    • Brij Mohan Gupta
    • Kanta Gupta
  • As per Ministry of Corporate Affairs (Mca), the registered address of Aaress Auto Pvt Ltd is Plot No-25Sector-25 Faridabad, Haryana, India.

  • The corporate identification number (CIN) of Aaress Auto Pvt Ltd is U27310HR1988PTC030291 and the company number is 030291 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Aaress Auto Pvt Ltd is https://www.aaressauto.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Aaress Auto Pvt Ltd has risen by 31.71%.

  • As Per 2023 financial reports, 95 employees are currently employed by Aaress Auto Pvt Ltd.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Aaress Auto Pvt Ltd has experienced an upsurge of 18.99%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Aaress Auto Pvt Ltd amount to ₹ 7.50 Cr.

  • The most recent Balance Sheet for Aaress Auto Pvt Ltd was filed with the ROC on 31 Mar 2023.

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