Aeron Composite Limited

Founded in 2011 and headquartered in Gujarat, India.

2011 | Changodar, Gujarat (India) | Active
Last Updated:

Aeron Composite Profile

Key Indicators

  • Authorised Capital ₹ 20.00 Cr
  • Paid Up Capital ₹ 12.53 Cr
  • Company Age 14 Year, 2 Days
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 65.56 Cr
  • Satisfied Charges ₹ 58.50 Cr
  • Revenue Growth 65.56%
  • Profit Growth 82.27%
  • Ebitda 63.21%
  • Net Worth 62.70%
  • Total Assets 13.96%

About Aeron Composite

Aeron Composite Limited (ACL) is a leading Public Limited Indian Non-Government Company incorporated in India on 13 May 2011 and has a history of 14 years. Its registered office is in Changodar, Gujarat, India.

The Company is engaged in the Manufacturing 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 20.00 Cr and a paid-up capital of Rs 12.53 Cr.

The company currently has active open charges totaling ₹65.56 Cr. The company has closed loans amounting to ₹58.50 Cr, as per Ministry of Corporate Affairs (MCA) records.

Dilipkumar Patel, Pankajkumar Patel, Pankaj Dadhaniya, and Two other members serve as directors at the Company.

Company Details

  • Location

    Changodar, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U25209GJ2011PLC065419

  • Company No.

    065419

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    13 May 2011

  • Date of AGM

    28 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Manufacturing

What products or services does Aeron Composite Limited offer?

Aeron Composite Limited offers a wide range of products and services, including Street, Flood and Commercial Lights, Lighting Poles, PVC, LDPE, HDPE & Plastic Sheets, Plastic Sheets, Electrical Conduits and Fittings, Electrical Cable Tray, Wire Mesh & Gratings, Gratings, Industrial & Engineering Goods, Industrial Ladder.

Company report

Aeron Composite Limited

Explore comprehensive data for Aeron Composite Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Aeron Composite?

Executive Team (1)

NameDesignationAppointment DateStatus
Chirag Patel Country flag representing In Managing Director01-Jun-2021Current

Board Members (4)

NameDesignationAppointment DateStatus
Pankaj Dadhaniya Country flag representing In Director 13-May-2011Current
Dilipkumar Patel Country flag representing In Director 13-May-2011Current
Pankajkumar Patel Country flag representing In Director 10-Aug-2021Current
Ravikumar Patel Country flag representing In Director 30-Sep-2014Current

Financial Performance of Aeron Composite.

Aeron Composite Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 65.56% increase. The company also saw a substantial improvement in profitability, with a 82.27% increase in profit. The company's net worth Soared by an impressive increase of 62.7%.

Aeron Composite revenue growth over time
Aeron Composite 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
65.56%
Revenue from Operations
65.58%
Total Assets
13.96%
Profit or Loss
82.27%
Net Worth
62.70%
EBITDA
63.21%

What is the Ownership and Shareholding Structure of Aeron Composite?

In 2023, Aeron Composite 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

₹65.56 Cr

Satisfied Charges

₹58.50 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 34.31 Cr
  • Yes Bank Limited : 31.15 Cr
  • Standard Chartered Bank : 0.09 Cr

Latest Charge Details

DateLenderAmountStatus
17 Feb 2024Hdfc Bank Limited₹1.00 MOpen
19 Jan 2024Hdfc Bank Limited₹0.65 MOpen
26 Sep 2023Yes Bank Limited₹31.15 CrOpen
15 Mar 2023Hdfc Bank Limited₹1.50 MOpen
11 Nov 2022Hdfc Bank Limited₹0.66 MOpen

How Many Employees Work at Aeron Composite?

Aeron Composite has a workforce of 272 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.

Employee growth trends for Aeron Composite Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Aeron Composite, 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 Aeron Composite'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 Aeron Composite

Recent activity within the organization

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.10 Cr with Charge ID 100877170 was registered on 17 Feb 2024.

  • Charges

    A charge with Standard Chartered Bank of Rs. 0.09 Cr registered on 18 Nov 2019 with Charge ID 100304481 was modified on 12 Feb 2024.

  • Charges

    A charge registered on 08 Jul 2021 via Charge ID 100459147 with Standard Chartered Bank was fully satisfied on 29 Jan 2024.

  • Charges

    A charge registered on 08 Jan 2021 via Charge ID 100404583 with Standard Chartered Bank was fully satisfied on 29 Jan 2024.

  • Charges

    A charge registered on 30 Jul 2020 via Charge ID 100358210 with Standard Chartered Bank was fully satisfied on 29 Jan 2024.

  • Charges

    A charge registered on 27 Nov 2019 via Charge ID 100304480 with Standard Chartered Bank was fully satisfied on 29 Jan 2024.

Frequently asked questions

  • What is the Incorporation or founding date of Aeron Composite Limited?

    Aeron Composite Limited was incorporated on 13 May 2011.

  • What is authorized share capital and paid-up capital of Aeron Composite Limited?

    The authorized share capital of Aeron Composite Limited is ₹ 20.00 Cr and paid-up capital is ₹ 12.53 Cr.

  • Who are the current board members & directors of Aeron Composite Limited?

    Currently 5 directors are associated with Aeron Composite Limited.

    • Dilipkumar Ratilal Patel
    • Pankajkumar Ratilal Patel
    • Pankaj Shantilal Dadhaniya
    • Chirag Chandulal Patel
    • Ravikumar Pankaj Patel

  • What is the registered address of Aeron Composite Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Aeron Composite Limited is Saket Ind. Estate Plot No. 30/31 Sarkhej Bavla Highway Village Moraiya Changodar, Gujarat, India, 382213.

  • What is the corporate identification number (CIN) and company number of Aeron Composite Limited?

    The corporate identification number (CIN) of Aeron Composite Limited is U25209GJ2011PLC065419 and the company number is 065419 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Aeron Composite Limited?

    The Official website of Aeron Composite Limited is https://www.aeroncomposite.com

  • What has been the recent revenue trend for Aeron Composite Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Aeron Composite Limited has risen by 65.56%.

  • How many employees does Aeron Composite Limited currently have?

    As Per 2023 financial reports, 272 employees are currently employed by Aeron Composite Limited.

  • What change has been observed in the net worth of Aeron Composite Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Aeron Composite Limited has experienced an upsurge of 62.70%.

  • What are the total open charges for Aeron Composite Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Aeron Composite Limited amount to ₹ 65.56 Cr.

  • When was the last Balance Sheet of Aeron Composite Limited filed with the ROC?

    The most recent Balance Sheet for Aeron Composite Limited was filed with the ROC on 31 Mar 2023.

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