Aero Pistons Profile
Key Indicators
- Authorised Capital ₹ 2.50 Cr
- Paid Up Capital ₹ 6.09 M
- Company Age 40 Year, 10 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 4.53 Cr
- Satisfied Charges ₹ 2.12 Cr
- Revenue Growth 17.02%
- Profit Growth 49.27%
- Ebitda -7.66%
- Net Worth 6.05%
- Total Assets -9.06%
About Aero Pistons
Aero Pistons Private Limited (APPL) is a Private Limited Indian Non-Government Company incorporated in India on 23 March 1984 and has a history of 40 years and ten months. Its registered office is in Tiruvallur, Tamil Nadu, India.
The Corporate was formerly known as Pan Pistons 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 2.50 Cr and a paid-up capital of Rs 6.09 M.
The company currently has active open charges totaling ₹4.53 Cr. The company has closed loans amounting to ₹2.12 Cr, as per Ministry of Corporate Affairs (MCA) records.
Veluru Mohan, Veluru Rajeswari, and Sabitha Mohan serve as directors at the Company.
Company Details
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Location
Tiruvallur, Tamil Nadu, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media-
Corporate Identity Details
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CIN/LLPIN
U27209TN1984PTC010752
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Company No.
010752
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
23 Mar 1984
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Date of AGM
30 Sep 2023
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Date of Balance Sheet
31 Mar 2023
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Listing Status
Unlisted
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ROC Code
Roc Chennai
Industry
Who are the key members and board of directors at Aero Pistons?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Veluru Mohan
|
Managing Director | 23-Mar-1984 | Current |
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
|
Veluru Rajeswari
|
Director | 23-Mar-1984 | Current |
|
Sabitha Mohan
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Director | 10-Jul-2021 | Current |
Financial Performance of Aero Pistons.
Aero Pistons Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 17.02% increase. The company also saw a substantial improvement in profitability, with a 49.27% increase in profit. The company's net worth moved up by a moderate rise of 6.05%.
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What is the Ownership and Shareholding Structure of Aero Pistons?
In 2023, Aero Pistons had a promoter holding of 97.19% and a public holding of 2.81%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
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Wavecurrent Precision Parts Private LimitedVeluru Rajeswari is a mutual person
Charges (Loans)
₹4.53 Cr
₹2.12 Cr
Charges Breakdown by Lending Institutions
- Hdfc Bank Limited : 3.80 Cr
- Intec Capital Limited : 0.32 Cr
- Axis Bank Ltd : 0.15 Cr
- Siemens Financial Services Private Limited : 0.14 Cr
- Others : 0.12 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 25 Feb 2019 | Others | ₹1.20 M | Open |
| 29 Jun 2015 | Hdfc Bank Limited | ₹2.90 Cr | Open |
| 23 Jun 2015 | Hdfc Bank Limited | ₹9.00 M | Open |
| 29 Jan 2015 | Intec Capital Limited | ₹3.21 M | Open |
| 24 Jan 2014 | Siemens Financial Services Private Limited | ₹1.39 M | Open |
How Many Employees Work at Aero Pistons?
Aero Pistons has a workforce of 6 employees as of Apr 07, 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 Aero Pistons, 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 Aero Pistons'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.
