Aerolam Insulations Private Limited

Produces reflective insulation and packaging materials under the brand name Aerolam.

2010 | Ahmedabad, Gujarat (India) | Active
Last Updated: October 24, 2024

Aerolam Insulations Profile

Key Indicators

  • Authorised Capital ₹ 1.50 Cr
  • Paid Up Capital ₹ 1.05 Cr
  • Company Age 14 Year, 2 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 55.41 Cr
  • Satisfied Charges ₹ 29.77 Cr
  • Revenue Growth 16.57%
  • Profit Growth 106.82%
  • Ebitda 111.18%
  • Net Worth 40.83%
  • Total Assets 4.64%

About Aerolam Insulations

Aerolam Insulations Private Limited (AIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 11 November 2010 and has a history of 14 years and two months. Its registered office is in Ahmedabad, Gujarat, India.

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 1.50 Cr and a paid-up capital of Rs 1.05 Cr.

The company currently has active open charges totaling ₹55.41 Cr. The company has closed loans amounting to ₹29.77 Cr, as per Ministry of Corporate Affairs (MCA) records.

Dhaval Patel, Ketankumar Patel, Pragnesh Patel, and Four other members serve as directors at the Company.

Company Details

  • Location

    Ahmedabad, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U25193GJ2010PTC062874

  • Company No.

    062874

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    11 Nov 2010

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Machinery and Equipment

What products or services does Aerolam Insulations Private Limited offer?

Aerolam Insulations Private Limited offers a wide range of products and services, including Protective Packing Materials, Packaging Foam, PVC, LDPE, HDPE & Plastic Sheets, Floor Protector, Paper Bags, Gifts & Paper Products, Storage Boxes, Surgical & Medical Consumables, Ice Packs, Bulk Bags & Sacks, Jumbo Bags.

Who are the key members and board of directors at Aerolam Insulations?

Board Members (7)

Name Designation Appointment Date Status
Dhaval Patel Country flag representing In Director 08-Mar-2011 Current
Ketankumar Patel Country flag representing In Director 11-Nov-2010 Current
Pragnesh Patel Country flag representing In Director 11-Nov-2010 Current
Brijesh Patel Country flag representing In Director 12-Apr-2012 Current
Tapan Patel Country flag representing In Director 01-Jul-2017 Current
Tejas Patel Country flag representing In Director 01-Jul-2017 Current

Financial Performance of Aerolam Insulations.

Aerolam Insulations Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 16.57% increase. The company also saw a substantial improvement in profitability, with a 106.82% increase in profit. The company's net worth Soared by an impressive increase of 40.83%.

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
16.57%
Revenue from Operations
18.81%
Total Assets
4.64%
Profit or Loss
106.82%
Net Worth
40.83%
EBITDA
111.18%

What is the Ownership and Shareholding Structure of Aerolam Insulations?

In 2023, Aerolam Insulations 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

₹55.41 Cr

Satisfied Charges

₹29.77 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 55.41 Cr

Latest Charge Details

Date Lender Amount Status
31 Mar 2017 Hdfc Bank Limited ₹55.41 Cr Open
20 Feb 2021 Others ₹1.00 Cr Satisfied
12 Oct 2015 Bank Of Baroda ₹7.49 Cr Satisfied
03 Oct 2015 Bank Of Baroda ₹7.49 Cr Satisfied
12 Jul 2011 Bank Of Baroda ₹6.89 Cr Satisfied

How Many Employees Work at Aerolam Insulations?

Aerolam Insulations has a workforce of 79 employees as of Apr 06, 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 Aerolam Insulations, 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 Aerolam Insulations'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 Aerolam Insulations

Recent activity within the organization

  • Charges

    A charge with Hdfc Bank Limited of Rs. 55.41 Cr registered on 31 Mar 2017 with Charge ID 100093602 was modified on 01 Mar 2024.

    01 Mar 2024

  • Director Appointment

    Nilesh Prakash Sanghvi was appointed as a Director was appointed as a Director on 02 Jan 2024 & has been associated with this company since 1 year 1 month .

    02 Jan 2024

  • Annual General Meeting

    Aerolam Insulations Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Aerolam Insulations Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ahmedabad.

    31 Mar 2023

  • Charges

    A charge registered on 20 Feb 2021 via Charge ID 100423385 with Others was fully satisfied on 13 Dec 2021.

    13 Dec 2021

  • Charges

    A charge with Others amounted to Rs. 1.00 Cr with Charge ID 100423385 was registered on 20 Feb 2021.

    20 Feb 2021

Recent News, Updates & Announcement

  • News icon
    Indian groups Tata, Aerolam plan $45mln Bahrain investment.

    Focusing on key sectors, including financial services, ICT, logistics, manufacturing, and tourism, Bahrain EDB successfully attracted more than $1.1bln in foreign direct investment from multiple companies across the world in 2022.

    20 Mar 2023 Zawya

Frequently asked questions

  • Aerolam Insulations Private Limited was incorporated on 11 Nov 2010.

  • The authorized share capital of Aerolam Insulations Private Limited is ₹ 1.50 Cr and paid-up capital is ₹ 1.05 Cr.

  • Currently 7 directors are associated with Aerolam Insulations Private Limited.

    • Dhaval Patel
    • Ketankumar Jaswantbhai Patel
    • Pragnesh Kumar Kachrabhai Patel
    • Brijesh Navnitlal Patel
    • Tapan Keshavlal Patel
    • Tejas Keshavlal Patel
    • Nilesh Prakash Sanghvi
  • As per Ministry of Corporate Affairs (Mca), the registered address of Aerolam Insulations Private Limited is 701 Ship Aperia Nr. Landmark Hotel Iscon-Ambli Road, Bodakdev India, Ahmedabad, Gujarat, 380052.

  • The corporate identification number (CIN) of Aerolam Insulations Private Limited is U25193GJ2010PTC062874 and the company number is 062874 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Aerolam Insulations Private Limited is https://www.aerolam.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Aerolam Insulations Private Limited has risen by 16.57%.

  • As Per 2023 financial reports, 79 employees are currently employed by Aerolam Insulations Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Aerolam Insulations Private Limited has experienced an upsurge of 40.83%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Aerolam Insulations Private Limited amount to ₹ 55.41 Cr.

  • The most recent Balance Sheet for Aerolam Insulations Private Limited was filed with the ROC on 31 Mar 2023.

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