Aaron Industries Limited

Founded in 2013 and headquartered in Gujarat, India.

2013 | Surat, Gujarat (India) | Active
Last Updated: July 12, 2024

Aaron Industries Profile

Key Indicators

  • Authorised Capital ₹ 11.00 Cr
  • Paid Up Capital ₹ 10.47 Cr
  • Company Age 11 Year, 3 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 47.66 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 three 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 Machinery And Equipment 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 11.00 Cr and a paid-up capital of Rs 10.47 Cr.

The company currently has active open charges totaling ₹47.66 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 Monish Doshi as CFO and Nitinkumar Maniya as Company Secretary. Amar Doshi, Pradeepkumar Choksi, Hetal Mehta, and Three other members serve as directors at the Company.

Company Details

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

    04 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Listed

  • ROC Code

    Roc Ahmedabad

Industry

Machinery and Equipment
Metals and Minerals

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 (3)

NameDesignationAppointment DateStatus
Amar Doshi Country flag representing In Managing Director23-Oct-2013Current
Monish Doshi Country flag representing In CFO01-Feb-2018Current
Nitinkumar Maniya Company Secretary16-Jan-2021Current

Board Members (5)

NameDesignationAppointment DateStatus
Pradeepkumar Choksi Country flag representing In Director 01-Feb-2018Current
Hetal Mehta Country flag representing In Director 01-Feb-2018Current
Karan Doshi Country flag representing In Whole-Time Director 23-Oct-2013Current
Monish Doshi Country flag representing In Director and Cfo 23-Oct-2013Current
Shrungi Desai Country flag representing In Director 01-Feb-2018Current

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%.

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
14800637.85%
Revenue from Operations
14797976.09%
Total Assets
13050208.39%
Profit or Loss
14570256.25%
Net Worth
12888534.19%
EBITDA
16250411.70%

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.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹47.66 Cr

Satisfied Charges

₹1.20 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 47.66 Cr

Latest Charge Details

DateLenderAmountStatus
28 Jun 2023Hdfc Bank Limited₹0.63 MOpen
21 Sep 2022Hdfc Bank Limited₹0.93 MOpen
26 Aug 2022Hdfc Bank Limited₹2.91 MOpen
07 Jul 2016Hdfc Bank Limited₹47.22 CrOpen
01 Sep 2020Hdfc Bank Limited₹1.46 MSatisfied

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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

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

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 Aaron Industries

Recent activity within the organization

  • Charges

    A charge registered on 01 Sep 2020 via Charge ID 100379416 with Hdfc Bank Limited was fully satisfied on 14 Feb 2024.

    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.

    01 Jan 2024

  • Annual General Meeting

    Aaron Industries Limited last Annual general meeting of members was held on 04 Sep 2023 as per latest MCA records.

    04 Sep 2023

  • Charges

    A charge registered on 20 Jun 2018 via Charge ID 100206642 with Hdfc Bank Limited was fully satisfied on 30 Jun 2023.

    30 Jun 2023

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.06 Cr with Charge ID 100737479 was registered on 28 Jun 2023.

    28 Jun 2023

  • Balance Sheet

    Aaron Industries Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ahmedabad.

    31 Mar 2023

Frequently asked questions

  • Aaron Industries Limited was incorporated on 23 Oct 2013.

  • The authorized share capital of Aaron Industries Limited is ₹ 11.00 Cr and paid-up capital is ₹ 10.47 Cr.

  • Currently 8 directors are associated with Aaron Industries Limited.

    • Amar Chinubhai Doshi
    • Pradeepkumar Sanmukhlal Choksi
    • Hetal Mehta
    • Karan Amar Doshi
    • Monish Amarbhai Doshi
    • Shrungi Kiranbhai Desai
    • Monish Amarbhai Doshi
    • Nitinkumar Nanjibhai Maniya
  • 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, Surat, Gujarat, India, 394210.

  • The corporate identification number (CIN) of Aaron Industries Limited is L31908GJ2013PLC077306 and the company number is 077306 as per Ministry of Corporate Affairs (MCA).

  • Yes, Aaron Industries Limited is registered on National Stock Exchange (NSE).

  • The Official website of Aaron Industries Limited is https://www.aaronindustries.net

  • According to the financial reports for the fiscal year 2023, the revenue trend for Aaron Industries Limited has risen by 14800637.85%.

  • As Per 2023 financial reports, 163 employees are currently employed by Aaron Industries Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Aaron Industries Limited has experienced an upsurge of 12888534.19%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Aaron Industries Limited amount to ₹ 47.66 Cr.

  • The most recent Balance Sheet for Aaron Industries Limited was filed with the ROC on 31 Mar 2023.

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