Aaron Industries Profile
Key Indicators
- Authorised Capital ₹ 11.00 Cr
- Paid Up Capital ₹ 10.47 Cr
- Company Age 11 Year, 4 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 48.36 Cr
- Satisfied Charges ₹ 1.20 Cr
- Revenue Growth 14800637.85%
- Profit Growth 14570256.25%
- Ebitda 16250411.70%
- Net Worth 12888534.19%
- Total Assets 13050208.39%
About Aaron Industries
Aaron Industries Limited (AIL) is a leading Public Limited Indian Non-Government Company incorporated in India on 23 October 2013 and has a history of 11 years and four months. Its registered office is in Surat, Gujarat, India.
It is listed on the National Stock Exchange(NSE) under the ticker symbol AARON.
The Corporate was formerly known as Aaron Industries Private Limited. The Company is engaged in the Metals And Minerals 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 11.00 Cr and a paid-up capital of Rs 10.47 Cr.
The company currently has active open charges totaling ₹48.36 Cr. The company has closed loans amounting to ₹1.20 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Aaron Industries Limited India are Nitinkumar Maniya as Company Secretary, Monish Doshi as Cfo, and Monish Doshi as Cfo. Amar Doshi, Shrungi Desai, Monish Doshi, and Three other members serve as directors at the Company.
Company Details
- Location
Surat, Gujarat, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
L31908GJ2013PLC077306
- Company No.
077306
- Stock Symbol
NSE : AARON
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
23 Oct 2013
- Date of AGM
24 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Listed
- ROC Code
Roc Ahmedabad
Industry
Metals and Minerals
Machinery and Equipment
What products or services does Aaron Industries Limited offer?
Aaron Industries Limited offers a wide range of products and services, including Switches & Switch Boxes, Industrial Switches, Elevators & Escalators, Elevator Doors, Architectural & Civil Engineering, Architectural Services, Steel Bars, Rods, Plates & Sheets, Designer Stainless Steel Sheet, Fuses, Circuit Breakers & Components, Current Limiting and Changeover Devices.
Who are the key members and board of directors at Aaron Industries?
Executive Team (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Amar Doshi  | Managing Director | 23-Oct-2013 | Current |
| Nitinkumar Maniya | Company Secretary | 16-Jan-2021 | Current |
| Monish Doshi | CFO | 23-Oct-2013 | Current |
| Monish Doshi | CFO | 01-Feb-2018 | Current |
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Shrungi Desai | Director | 01-Feb-2018 | Current |
| Karan Doshi | Whole-Time Director | 23-Oct-2013 | Current |
| Hetal Mehta | Director | 01-Feb-2018 | Current |
| Pradeepkumar Choksi | Director | 01-Feb-2018 | Current |
Financial Performance of Aaron Industries.
Aaron Industries Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 14800637.85% increase. The company also saw a substantial improvement in profitability, with a 14570256.25% increase in profit. The company's net worth Soared by an impressive increase of 12888534.19%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metrics |
| (FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
| ||||||
| Revenue from Operations |
| ||||||
| Total Assets |
| ||||||
| Profit or Loss |
| ||||||
| Net Worth |
| ||||||
| EBITDA |
|
What is the Ownership and Shareholding Structure of Aaron Industries?
In 2023, Aaron Industries had a promoter holding of 74.97% and a public holding of 25.02%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Meera Industries LimitedHetal Mehta is a mutual person
Moti Electromec Pvt LtdAmar Doshi is a mutual person
- Kirti Technologies Private Limited
Hetal Mehta is a mutual person
- Science Engineering & Technological Upliftment Foundation
Hetal Mehta is a mutual person
- Global Association Of Appraisers
Hetal Mehta is a mutual person
- The Southerngujarat Chamber Of Commerce And Industry
Hetal Mehta is a mutual person
Charges (Loans)
Open Charges
₹48.36 Cr
Satisfied Charges
₹1.20 Cr
Charges Breakdown by Lending Institutions
- Hdfc Bank Limited : 48.36 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 23 Apr 2024 | Hdfc Bank Limited | ₹6.95 M | Open |
| 28 Jun 2023 | Hdfc Bank Limited | ₹0.63 M | Open |
| 21 Sep 2022 | Hdfc Bank Limited | ₹0.93 M | Open |
| 26 Aug 2022 | Hdfc Bank Limited | ₹2.91 M | Open |
| 07 Jul 2016 | Hdfc Bank Limited | ₹47.22 Cr | Open |
How Many Employees Work at Aaron Industries?
Aaron Industries has a workforce of 163 employees as of Mar 29, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Aaron Industries, 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 Aaron Industries's trajectory.
Rating
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
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 Aaron Industries
Recent activity within the organization
- Annual General Meeting
Aaron Industries Limited last Annual general meeting of members was held on 24 Sep 2024 as per latest MCA records.
- Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.70 Cr with Charge ID 100910233 was registered on 23 Apr 2024.
- Balance Sheet
Aaron Industries Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.
- Charges
A charge registered on 01 Sep 2020 via Charge ID 100379416 with Hdfc Bank Limited was fully satisfied on 14 Feb 2024.
- Charges
A charge with Hdfc Bank Limited of Rs. 47.22 Cr registered on 07 Jul 2016 with Charge ID 100047708 was modified on 01 Jan 2024.
- Charges
A charge registered on 20 Jun 2018 via Charge ID 100206642 with Hdfc Bank Limited was fully satisfied on 30 Jun 2023.
Frequently asked questions
What is the Incorporation or founding date of Aaron Industries Limited?
Aaron Industries Limited was incorporated on 23 Oct 2013.
What is authorized share capital and paid-up capital of Aaron Industries Limited?
The authorized share capital of Aaron Industries Limited is ₹ 11.00 Cr and paid-up capital is ₹ 10.47 Cr.
Who are the current board members & directors of Aaron Industries Limited?
Currently 9 directors are associated with Aaron Industries Limited.
- Amar Chinubhai Doshi
- Shrungi Kiranbhai Desai
- Nitinkumar Nanjibhai Maniya
- Monish Amar Doshi
- Monish Amarbhai Doshi
- Monish Amarbhai Doshi
- Karan Amar Doshi
- Hetal Mehta
- Pradeepkumar Sanmukhlal Choksi
What is the registered address of Aaron Industries Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Aaron Industries Limited is B-65 66 Jawahar Road No. 4 Udhyog Nagar Udhana, India, Surat, Gujarat, 394210.
What is the corporate identification number (CIN) and company number of Aaron Industries Limited?
The corporate identification number (CIN) of Aaron Industries Limited is L31908GJ2013PLC077306 and the company number is 077306 as per Ministry of Corporate Affairs (MCA).
Is Aaron Industries Limited registered with any stock exchange in India?
Yes, Aaron Industries Limited is registered on National Stock Exchange (NSE).
What is the official website of Aaron Industries Limited?
The Official website of Aaron Industries Limited is https://www.aaronindustries.net
What has been the recent revenue trend for Aaron Industries Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Aaron Industries Limited has risen by 14800637.85%.
How many employees does Aaron Industries Limited currently have?
As Per 2023 financial reports, 163 employees are currently employed by Aaron Industries Limited.
What change has been observed in the net worth of Aaron Industries Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Aaron Industries Limited has experienced an upsurge of 12888534.19%.
What are the total open charges for Aaron Industries Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Aaron Industries Limited amount to ₹ 48.36 Cr.
When was the last Balance Sheet of Aaron Industries Limited filed with the ROC?
The most recent Balance Sheet for Aaron Industries Limited was filed with the ROC on 31 Mar 2024.
Similar Companies Based on Material Handling & Storage Equipment
Rashtriya Ispat Nigam Ltd Visakhapatnam, Andhra Pradesh, India
Orissa Metaliks Private Limited Kolkata, West Bengal, India
Jcb India Limited Delhi, India
Jsw Steel Limited Mumbai, Maharashtra, India
Apl Apollo Tubes Limited Delhi, India
Jindal Stainless Limited Hisar, Haryana, India
Jsw Steel Coated Products Limited Mumbai, Maharashtra, India
Arcelormittal Nippon Steel India Limited Surat, Gujarat, India