Adico Escorts Agri Equipments Private Limited

Manufacturer of motor vehicles, trailers, and agriculture equipment, including tractors and spare parts.

2011 | Rajkot, Gujarat (India) | Active
Last Updated: November 16, 2024

Adico Escorts Agri Equipments Profile

Key Indicators

  • Authorised Capital ₹ 23.00 Cr
  • Paid Up Capital ₹ 21.00 Cr
  • Company Age 13 Year, 8 Months
  • Last Filing with ROC 31 Mar 2023
  • Revenue Growth 11.27%
  • Profit Growth -670.54%
  • Ebitda -137.71%
  • Net Worth -17.26%
  • Total Assets 30.71%

About Adico Escorts Agri Equipments

Adico Escorts Agri Equipments Private Limited (AEAEPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 13 June 2011 and has a history of 13 years and eight months. Its registered office is in Rajkot, Gujarat, India.

The Company is engaged in the Agriculture 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 23.00 Cr and a paid-up capital of Rs 21.00 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Adico Escorts Agri Equipments Private Limited India is Hemali Patel as COMPANY SECRETARY. Sureshkumar Santoki, Chandubhai Santoki, Bharat Madan, and Four other members serve as directors at the Company.

Company Details

  • Location

    Rajkot, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    adicoescorts.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U29211GJ2011PTC065867

  • Company No.

    065867

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    13 Jun 2011

  • Date of AGM

    18 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Agriculture
Machinery and Equipment

Who are the key members and board of directors at Adico Escorts Agri Equipments?

Executive Team (1)

NameDesignationAppointment DateStatus
Hemali Patel Company Secretary19-Feb-2021Current

Board Members (7)

NameDesignationAppointment DateStatus
Nandkumar Rane Country flag representing In Nominee Director 25-Oct-2023Current
Sureshkumar Santoki Country flag representing In Director 13-Jun-2011Current
Chandubhai Santoki Country flag representing In Director 13-Jun-2011Current
Bharat Madan Country flag representing In Nominee Director 14-Jul-2015Current
Neeraj Mehra Country flag representing In Nominee Director 13-Feb-2024Current
Gautam Santoki Country flag representing In Whole-Time Director 14-Jul-2015Current

Financial Performance of Adico Escorts Agri Equipments.

Adico Escorts Agri Equipments Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 11.27% increase. The company also saw a substantial fall in profitability, with a 670.54% decrease in profit. The company's net worth observed a substantial decline by a decrease of 17.26%.

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
11.27%
Revenue from Operations
11.34%
Total Assets
30.71%
Profit or Loss
-670.54%
Net Worth
-17.26%
EBITDA
-137.71%

What is the Ownership and Shareholding Structure of Adico Escorts Agri Equipments?

In 2023, Adico Escorts Agri Equipments had a promoter holding of 92.14% and a public holding of 7.86%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Adico Escorts Agri Equipments?

Adico Escorts Agri Equipments has a workforce of 49 employees as of Apr 08, 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 Adico Escorts Agri Equipments, 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 Adico Escorts Agri Equipments'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 Adico Escorts Agri Equipments

Recent activity within the organization

  • Director Appointment

    Neeraj Mehra was appointed as a Nominee Director was appointed as a Nominee Director on 13 Feb 2024 & has been associated with this company since 1 year 9 days .

    13 Feb 2024

  • Annual General Meeting

    Adico Escorts Agri Equipments Private Limited last Annual general meeting of members was held on 18 Sep 2023 as per latest MCA records.

    18 Sep 2023

  • Balance Sheet

    Adico Escorts Agri Equipments Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ahmedabad.

    31 Mar 2023

  • Director Appointment

    Bharat Madan was appointed as a Nominee Director was appointed as a Nominee Director on 14 Jul 2015 & has been associated with this company since 9 years 7 months .

    14 Jul 2015

  • Director Appointment

    Gautam Chandulal Santoki was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 14 Jul 2015 & has been associated with this company since 9 years 7 months .

    14 Jul 2015

  • Director Appointment

    Nipulbhai Gangdasbhai Santoki was appointed as a Director was appointed as a Director on 14 Jul 2015 & has been associated with this company since 9 years 7 months .

    14 Jul 2015

Frequently asked questions

  • Adico Escorts Agri Equipments Private Limited was incorporated on 13 Jun 2011.

  • The authorized share capital of Adico Escorts Agri Equipments Private Limited is ₹ 23.00 Cr and paid-up capital is ₹ 21.00 Cr.

  • Currently 8 directors are associated with Adico Escorts Agri Equipments Private Limited.

    • Sureshkumar Keshavjibhai Santoki
    • Chandubhai Keshavjibhai Santoki
    • Bharat Madan
    • Neeraj Mehra
    • Hemali Sureshbhai Patel
    • Nandkumar Sitaram Rane
    • Gautam Chandulal Santoki
    • Nipulbhai Gangdasbhai Santoki
  • As per Ministry of Corporate Affairs (Mca), the registered address of Adico Escorts Agri Equipments Private Limited is Plot No. 03 Survey 1076-1077 R K Logistics Park, . India, Lodhika, Gujarat, 360035.

  • The corporate identification number (CIN) of Adico Escorts Agri Equipments Private Limited is U29211GJ2011PTC065867 and the company number is 065867 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Adico Escorts Agri Equipments Private Limited is https://www.adicoescorts.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Adico Escorts Agri Equipments Private Limited has risen by 11.27%.

  • As Per 2023 financial reports, 49 employees are currently employed by Adico Escorts Agri Equipments Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Adico Escorts Agri Equipments Private Limited has experienced an downturn of -17.26%.

  • The most recent Balance Sheet for Adico Escorts Agri Equipments Private Limited was filed with the ROC on 31 Mar 2023.

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