Aericon Power Private Limited

Provides comprehensive electrical installation services including EPC, substation, and transmission line projects.

2017 | Rajkot, Gujarat (India) | Active
Last Updated:

Aericon Power Profile

Key Indicators

  • Authorised Capital ₹ 0.10 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 7 Year, 7 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 2.00 Cr
  • Satisfied Charges ₹ 1.50 Cr
  • Revenue Growth 17.79%
  • Profit Growth -0.13%
  • Ebitda -25.07%
  • Net Worth 28.81%
  • Total Assets -13.91%

About Aericon Power

Aericon Power Private Limited (APPL) is a registered startup operating as a Private Limited Indian Non-Government Company incorporated in India on 26 July 2017 (Seven years and seven months 9 days old ). Its registered office is in Rajkot, Gujarat, India.

The Company is engaged in the Energy And Power 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 0.10 M and a paid-up capital of Rs 0.10 M.

The company currently has active open charges totaling ₹2.00 Cr. The company has closed loans amounting to ₹1.50 Cr, as per Ministry of Corporate Affairs (MCA) records.

Rohitkumar Chikhaliya, Mira Jakasaniya, Prashant Viramgama, and Two other members serve as directors at the Company.

Company Details

  • Location

    Rajkot, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    aericonpower.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U40100GJ2017PTC098445

  • Company No.

    098445

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    26 Jul 2017

  • Date of AGM

    28 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Energy and Power

Who are the key members and board of directors at Aericon Power?

Board Members (5)

NameDesignationAppointment DateStatus
Prashant Viramgama Country flag representing In Director 04-Dec-2017Current
Rohitkumar Chikhaliya Country flag representing In Director 26-Jul-2017Current
Mira Jakasaniya Country flag representing In Director 26-Jul-2017Current
Nirja Chhabhaya Country flag representing In Director 01-Apr-2023Current
Chaitanya Sitapara Country flag representing In Director 01-Apr-2023Current

Financial Performance of Aericon Power.

Aericon Power Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 17.79% increase. The company also saw a slight decrease in profitability, with a 0.13% decrease in profit. The company's net worth Soared by an impressive increase of 28.81%.

Aericon Power revenue growth over time
Aericon Power 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
17.79%
Revenue from Operations
17.66%
Total Assets
-13.91%
Profit or Loss
-0.13%
Net Worth
28.81%
EBITDA
-25.07%

What is the Ownership and Shareholding Structure of Aericon Power?

In 2022, Aericon Power 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

₹20.00 M

Satisfied Charges

₹15.00 M

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 2.00 Cr

Latest Charge Details

DateLenderAmountStatus
01 Aug 2023Hdfc Bank Limited₹2.00 CrOpen
28 May 2022Others₹1.50 CrSatisfied

How Many Employees Work at Aericon Power?

Aericon Power has a workforce of 737 employees as of Mar 31, 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.

Employee growth trends for Aericon Power Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Aericon Power, 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 Aericon Power'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 Aericon Power

Recent activity within the organization

  • Annual General Meeting

    Aericon Power Private Limited last Annual general meeting of members was held on 28 Sep 2024 as per latest MCA records.

  • Balance Sheet

    Aericon Power Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 20.00 M with Charge ID 100775488 was registered on 01 Aug 2023.

  • Charges

    A charge registered on 28 May 2022 via Charge ID 100580486 with Others was fully satisfied on 21 Jun 2023.

  • Director Appointment

    Nirja Bharatbhai Chhabhaya was appointed as a Director was appointed as a Director on 01 Apr 2023 & has been associated with this company since 1 year 11 months .

  • Director Appointment

    Chaitanya Sitapara was appointed as a Director was appointed as a Director on 01 Apr 2023 & has been associated with this company since 1 year 11 months .

Frequently asked questions

  • What is the Incorporation or founding date of Aericon Power Private Limited?

    Aericon Power Private Limited was incorporated on 26 Jul 2017.

  • What is authorized share capital and paid-up capital of Aericon Power Private Limited?

    The authorized share capital of Aericon Power Private Limited is ₹ 0.10 M and paid-up capital is ₹ 0.10 M.

  • Who are the current board members & directors of Aericon Power Private Limited?

    Currently 5 directors are associated with Aericon Power Private Limited.

    • Rohitkumar Sureshbhai Chikhaliya
    • Mira Ashish Jakasaniya
    • Prashant Jivrajbhai Viramgama
    • Nirja Bharatbhai Chhabhaya
    • Chaitanya Sitapara

  • What is the registered address of Aericon Power Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Aericon Power Private Limited is Shop No. 8 Second Floor Tulsi Shopping Center, Kenal Road India, Morbi, Gujarat, 363641.

  • What is the corporate identification number (CIN) and company number of Aericon Power Private Limited?

    The corporate identification number (CIN) of Aericon Power Private Limited is U40100GJ2017PTC098445 and the company number is 098445 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Aericon Power Private Limited?

    The Official website of Aericon Power Private Limited is https://www.aericonpower.com

  • What has been the recent revenue trend for Aericon Power Private Limited?

    According to the financial reports for the fiscal year 2022, the revenue trend for Aericon Power Private Limited has risen by 17.79%.

  • How many employees does Aericon Power Private Limited currently have?

    As Per 2022 financial reports, 737 employees are currently employed by Aericon Power Private Limited.

  • What change has been observed in the net worth of Aericon Power Private Limited, and by what percentage?

    The financial reports for the fiscal year 2022 indicates that The net worth of Aericon Power Private Limited has experienced an upsurge of 28.81%.

  • What are the total open charges for Aericon Power Private Limited?

    As per the financial statements for fiscal Year 2022, The total open charges for Aericon Power Private Limited amount to ₹ 2.00 Cr.

  • When was the last Balance Sheet of Aericon Power Private Limited filed with the ROC?

    The most recent Balance Sheet for Aericon Power Private Limited was filed with the ROC on 31 Mar 2024.

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