Aico Foods Profile
Key Indicators
- Authorised Capital ₹ 7.50 Cr
as on 17-07-2024
- Paid Up Capital ₹ 7.50 Cr
as on 17-07-2024
- Company Age 28 Year, 11 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 50.50 Cr
as on 17-07-2024
- Satisfied Charges ₹ 51.60 Cr
as on 17-07-2024
- Revenue 47.71%
(FY 2023)
- Profit -40.32%
(FY 2023)
- Ebitda 8.97%
(FY 2023)
- Net Worth 0.96%
(FY 2023)
- Total Assets 1.36%
(FY 2023)
About Aico Foods
The Corporate was formerly known as Aico Finance Limited. The Company is engaged in the Food And Beverages 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 7.50 Cr and a paid-up capital of Rs 7.50 Cr.
The company currently has active open charges totaling ₹50.50 Cr. The company has closed loans amounting to ₹51.60 Cr, as per Ministry of Corporate Affairs (MCA) records.
Bherulal Chopra, Mohanlal Chopra, Amitkumar Chopra, and Two other members serve as directors at the Company.
- CIN/LLPIN
U65910GJ1995PLC028540
- Company No.
028540
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
26 Dec 1995
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Ahmedabad
Industry
Company Details
- Location
Ahmedabad, Gujarat, India
- Telephone
- Email Address
- Website
- Social Media
What products or services does Aico Foods Limited offer?
Aico Foods Limited offers a wide range of products and services, including Chemical Reagents & Catalysts, Organic Acid, Coir and Agro Products, Natural Gum, Industrial Chemicals & Supplies, Chemical Intermediates, Pharma Ingredients & Raw Materials, Pharmaceutical Excipients, Flavours & Aromatics, Food Stabilizer.
Who are the key members and board of directors at Aico Foods?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Amitkumar Chopra  | Managing Director | 01-Apr-2009 | Current |
Board Members(4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Vivek Chopra | Whole-Time Director | 15-Apr-2015 | Current |
| Shreyans Chopra | Whole-Time Director | 15-Apr-2015 | Current |
| Bherulal Chopra | Whole-Time Director | 26-Dec-1995 | Current |
| Mohanlal Chopra | Whole-Time Director | 02-Nov-2011 | Current |
Financial Performance of Aico Foods.
Aico Foods Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 47.71% increase. The company also saw a substantial fall in profitability, with a 40.32% decrease in profit. The company's net worth moved up by a moderate rise of 0.96%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Aico Foods?
In 2023, Aico Foods had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
- Aico Laboratories India LimitedActive 32 years 1 month
Bherulal Chopra and Mohanlal Chopra are mutual person
- Kumar Life Sciences Private LimitedActive 1 year 8 months
Bherulal Chopra, Mohanlal Chopra and 3 more are mutual person
- Kumar Techno Private LimitedActive 14 years 10 months
Bherulal Chopra, Mohanlal Chopra and 1 more are mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Others Creation Date: 29 Aug 2022 | ₹4.35 Cr | Open |
Hdfc Bank Limited Creation Date: 30 Nov 2020 | ₹1.96 M | Open |
Others Creation Date: 28 Sep 2017 | ₹25.15 Cr | Open |
How Many Employees Work at Aico Foods?
Aico Foods has a workforce of 222 employees as of Apr 08, 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 Aico Foods, 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 Aico Foods'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.
