Aetrico Industries Private Limited

Precision engineering components for various industries, established in 2010.

2010 | Vadodara, Gujarat (India) | Active
Last Updated: November 16, 2024

Aetrico Industries Profile

Key Indicators

  • Authorised Capital ₹ 0.20 M
  • Paid Up Capital ₹ 0.20 M
  • Company Age 15 Year, 6 Days
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 7.52 Cr
  • Revenue Growth -18.76%
  • Profit Growth -57.47%
  • Ebitda -8.32%
  • Net Worth 9.18%
  • Total Assets 13.98%

About Aetrico Industries

Aetrico Industries Private Limited (AIPL) is a Private Limited Indian Non-Government Company incorporated in India on 02 February 2010 and has a history of 15 years. Its registered office is in Vadodara, Gujarat, India.

The Corporate was formerly known as Vedant Preci-Tech 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 2024. It's a company limited by shares with an authorized capital of Rs 0.20 M and a paid-up capital of Rs 0.20 M.

The company currently has active open charges totaling ₹7.52 Cr.

Hemangini Panchal, Champaben Panchal, Kunjan Panchal, and One other member serve as directors at the Company.

Company Details

  • Location

    Vadodara, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U29190GJ2010PTC059386

  • Company No.

    059386

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    02 Feb 2010

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Machinery and Equipment

What products or services does Aetrico Industries Private Limited offer?

Aetrico Industries Private Limited offers a wide range of products and services, including Lifting Hooks, Chains & Clamps, Chain and Pully Blocks, Sheet Metal & Turned Components, Machine Parts.

Who are the key members and board of directors at Aetrico Industries?

Board Members (4)

Name Designation Appointment Date Status
Hemangini Panchal Country flag representing In Director 02-Feb-2010 Current
Champaben Panchal Country flag representing In Director 02-Feb-2010 Current
Kunjan Panchal Country flag representing In Director 02-Feb-2010 Current
Darpa Shrikesh Country flag representing In Director 02-Feb-2010 Current

Financial Performance of Aetrico Industries.

Aetrico Industries Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 18.76% decrease. The company also saw a substantial fall in profitability, with a 57.47% decrease in profit. The company's net worth moved up by a moderate rise of 9.18%.

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
-18.76%
Revenue from Operations
-19.24%
Total Assets
13.98%
Profit or Loss
-57.47%
Net Worth
9.18%
EBITDA
-8.32%

What is the Ownership and Shareholding Structure of Aetrico Industries?

In 2023, Aetrico Industries had a promoter holding of 81.25% and a public holding of 18.75%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹75.20 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Sidbi : 3.92 Cr
  • Others : 3.60 Cr

Latest Charge Details

Date Lender Amount Status
30 Sep 2023 Others ₹3.60 Cr Open
24 Mar 2023 Sidbi ₹3.00 Cr Open
20 Sep 2019 Sidbi ₹9.20 M Open

How Many Employees Work at Aetrico Industries?

Aetrico Industries has a workforce of 19 employees as of Apr 09, 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 Aetrico Industries, 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 Aetrico Industries'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 Aetrico Industries

Recent activity within the organization

  • Annual General Meeting

    Aetrico Industries Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

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

    31 Mar 2024

  • Charges

    A charge with Others amounted to Rs. 36.00 M with Charge ID 100822473 was registered on 30 Sep 2023.

    30 Sep 2023

  • Charges

    A charge with Sidbi amounted to Rs. 30.00 M with Charge ID 100710598 was registered on 24 Mar 2023.

    24 Mar 2023

  • Charges

    A charge with Sidbi amounted to Rs. 9.20 M with Charge ID 100290323 was registered on 20 Sep 2019.

    20 Sep 2019

  • Director Appointment

    Hemangini Harish Panchal was appointed as a Director was appointed as a Director on 02 Feb 2010 & has been associated with this company since 15 years 6 days .

    02 Feb 2010

Frequently asked questions

  • Aetrico Industries Private Limited was incorporated on 02 Feb 2010.

  • The authorized share capital of Aetrico Industries Private Limited is ₹ 0.20 M and paid-up capital is ₹ 0.20 M.

  • Currently 4 directors are associated with Aetrico Industries Private Limited.

    • Hemangini Harish Panchal
    • Champaben Shanabhai Panchal
    • Kunjan Rakesh Panchal
    • Darpa Panchal Shrikesh
  • As per Ministry of Corporate Affairs (Mca), the registered address of Aetrico Industries Private Limited is 9-10 Sainath Industrial Estate Dharamsinh Desai Road, Chhani India, Vadodara, Gujarat, 390024.

  • The corporate identification number (CIN) of Aetrico Industries Private Limited is U29190GJ2010PTC059386 and the company number is 059386 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Aetrico Industries Private Limited is https://www.aetrico.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Aetrico Industries Private Limited has fallen by -18.76%.

  • As Per 2023 financial reports, 19 employees are currently employed by Aetrico Industries Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Aetrico Industries Private Limited has experienced an upsurge of 9.18%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Aetrico Industries Private Limited amount to ₹ 7.52 Cr.

  • The most recent Balance Sheet for Aetrico Industries Private Limited was filed with the ROC on 31 Mar 2024.