

Aia Engineering Profile
Key Indicators
- Authorised Capital ₹ 46.00 Cr
- Paid Up Capital ₹ 18.66 Cr
- Company Age 34 Year, 2 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 229.32 Cr
- Satisfied Charges ₹ 1,140.86 Cr
- Revenue Growth 30.32%
- Profit Growth 65.75%
- Ebitda 82.90%
- Net Worth 19.11%
- Total Assets 29.82%
About Aia Engineering
Aia Engineering Limited (AEL) is a leading Public Limited Indian Non-Government Company incorporated in India on 11 March 1991 and has a history of 34 years and two months. Its registered office is in Ahmedabad, Gujarat.
It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 532683 and on the National Stock Exchange(NSE) under AIAENG.
The Corporate was formerly known as Magotteaux (India) 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 46.00 Cr and a paid-up capital of Rs 18.66 Cr.
The company currently has active open charges totaling ₹229.32 Cr. The company has closed loans amounting to ₹1,140.86 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Aia Engineering Limited India are Viren Thakkar as CFO and Satyanarayan Jetheliya as Company Secretary. Rajan Harivallabhdas, Dileep Choksi, Bhadresh Shah, and Six other members serve as directors at the Company.
Company Details
- Location Ahmedabad, Gujarat
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
Industry
What products or services does Aia Engineering Limited offer?
Aia Engineering Limited offers a wide range of products and services, including Analyzers & Analytical Instruments, High Pressure Liquid Chromatography System, Milling & Grinding Tools, Grinding Parts, CAD CAM Services, Mechanical Design Service, Data Entry & Data Processing Service, Database Management, Conveyor Systems & Components, Conveyor Feeders.
Who are the key members and board of directors at Aia Engineering?
Executive Team (3)
Name | Designation | Appointment Date | Status |
---|---|---|---|
Bhadresh Shah ![]() | Managing Director | 11-Mar-1991 | Current |
Viren Thakkar ![]() | CFO | 12-Aug-2019 | Current |
Satyanarayan Jetheliya ![]() | Company Secretary | 01-May-1993 | Current |
Board Members (8)
Name | Designation | Appointment Date | Status |
---|---|---|---|
Rajendra Shah ![]() | Director | 15-Mar-2005 | Current |
Dileep Choksi ![]() | Director | 27-Jan-2014 | Current |
Rajan Harivallabhdas ![]() | Director | 14-May-2015 | Current |
Sanjay Majmudar ![]() | Director | 07-May-2007 | Current |
Yashwant Patel ![]() | Whole-Time Director | 12-Nov-2010 | Current |
Khushali Solanki ![]() | Director | 07-Nov-2014 | Current |
Financial Performance of Aia Engineering.
Aia Engineering Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 30.32% increase. The company also saw a substantial improvement in profitability, with a 65.75% increase in profit. The company's net worth Soared by an impressive increase of 19.11%.


- Key Matrics
- Balance Sheet
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What is the Ownership and Shareholding Structure of Aia Engineering?
In 2023, Aia Engineering had a promoter holding of 58.47% and a public holding of 41.53%. The company had 2 Subsidiaries and 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

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Charges (Loans)
₹229.32 Cr
₹1,140.86 Cr
Charges Breakdown by Lending Institutions
- State Bank Of India : 229.32 Cr
Latest Charge Details
Date | Lender | Amount | Status |
---|---|---|---|
27 Dec 2014 | State Bank Of India | ₹229.32 Cr | Open |
29 Mar 2018 | The Hongkong And Shanghai Banking Corporation Limited | ₹50.00 Cr | Satisfied |
28 Jun 2017 | Others | ₹4.91 M | Satisfied |
19 May 2014 | Citi Bank N.A. | ₹150.00 Cr | Satisfied |
14 May 2013 | The Hongkong And Shanghai Banking Corporation Limited | ₹42.00 Cr | Satisfied |
How Many Employees Work at Aia Engineering?
Aia Engineering has a workforce of 4420 employees as of Mar 29, 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 Aia Engineering, 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 Aia Engineering'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.
Latest Updates, News, and FAQs on Aia Engineering
Recent activity within the organization
- Annual General Meeting
Aia Engineering Limited last Annual general meeting of members was held on 09 Sep 2024 as per latest MCA records.
- Balance Sheet
Aia Engineering Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.
- Charges
A charge registered on 29 Mar 2018 via Charge ID 100169589 with The Hongkong And Shanghai Banking Corporation Limited was fully satisfied on 20 Jul 2021.
- Charges
A charge registered on 19 May 2014 via Charge ID 10502105 with Citi Bank N.A. was fully satisfied on 29 Jun 2021.
- Charges
A charge registered on 23 Dec 2000 via Charge ID 90104117 with State Bank Of India was fully satisfied on 02 Feb 2021.
- Charges
A charge registered on 28 Jun 2017 via Charge ID 100111567 with Others was fully satisfied on 30 Jul 2020.
Recent News, Updates & Announcement
Frequently asked questions
What is the Incorporation or founding date of Aia Engineering Limited?
Aia Engineering Limited was incorporated on 11 Mar 1991.
What is authorized share capital and paid-up capital of Aia Engineering Limited?
The authorized share capital of Aia Engineering Limited is ₹ 46.00 Cr and paid-up capital is ₹ 18.66 Cr.
Who are the current board members & directors of Aia Engineering Limited?
Currently 11 directors are associated with Aia Engineering Limited.
- Rajan Ramkrishna Harivallabhdas
- Dileep Chinubhai Choksi
- Bhadresh Kantilal Shah
- Rajendra Shantilal Shah
- Sanjay Shaileshbhai Majmudar
- Yashwant Manubhai Patel
- Khushali Samip Solanki
- Viren Kantilal Thakkar
- Satyanarayan Jetheliya
- Bhumika Shyamal Shodhan
- Janaki Udayanbhai Shah
What is the registered address of Aia Engineering Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Aia Engineering Limited is 115G V M Estateodhav Road Odhav India, Ahmedabad, Gujarat, 382410.
What is the corporate identification number (CIN) and company number of Aia Engineering Limited?
The corporate identification number (CIN) of Aia Engineering Limited is L29259GJ1991PLC015182 and the company number is 015182 as per Ministry of Corporate Affairs (MCA).
Is Aia Engineering Limited registered with any stock exchange in India?
Yes, Aia Engineering Limited is registered on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE): AIAENG.
What is the official website of Aia Engineering Limited?
The Official website of Aia Engineering Limited is https://www.aiaengineering.com
What has been the recent revenue trend for Aia Engineering Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Aia Engineering Limited has risen by 30.32%.
How many employees does Aia Engineering Limited currently have?
As Per 2023 financial reports, 4420 employees are currently employed by Aia Engineering Limited.
What change has been observed in the net worth of Aia Engineering Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Aia Engineering Limited has experienced an upsurge of 19.11%.
What are the total open charges for Aia Engineering Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Aia Engineering Limited amount to ₹ 229.32 Cr.
When was the last Balance Sheet of Aia Engineering Limited filed with the ROC?
The most recent Balance Sheet for Aia Engineering Limited was filed with the ROC on 31 Mar 2024.
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