Aico Foods Profile
Key Indicators
- Authorised Capital ₹ 7.50 Cr
- Paid Up Capital ₹ 7.50 Cr
- Company Age 29 Year, 2 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 50.50 Cr
- Satisfied Charges ₹ 51.60 Cr
- Revenue Growth 47.71%
- Profit Growth -40.32%
- Ebitda 8.97%
- Net Worth 0.96%
- Total Assets 1.36%
About Aico Foods
Aico Foods Limited (AFL) is a leading Public Limited Indian Non-Government Company incorporated in India on 26 December 1995 and has a history of 29 years and two months. Its registered office is in Ahmedabad, Gujarat, India.
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 2024. 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.
Vivek Chopra, Amitkumar Chopra, Mohanlal Chopra, and Two 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
U65910GJ1995PLC028540
- Company No.
028540
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
26 Dec 1995
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Ahmedabad
Industry
Food and Beverages
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.
Aico Foods Limited
Explore comprehensive data for Aico Foods Limited, including financials, compliance details, shareholding patterns, and litigation history.
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)
Kumar Life Sciences Private LimitedVivek Chopra, Amitkumar Chopra and 3 more are mutual person
- Kumar Techno Private Limited
Amitkumar Chopra, Mohanlal Chopra and 1 more are mutual person
- Aico Laboratories India Limited
Mohanlal Chopra and Bherulal Chopra are mutual person
- Aico Agencies Pvt Ltd
Bherulal Chopra is a mutual person
Charges (Loans)
Open Charges
₹50.50 Cr
Satisfied Charges
₹51.60 Cr
Charges Breakdown by Lending Institutions
- Others : 50.30 Cr
- Hdfc Bank Limited : 0.20 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 29 Aug 2022 | Others | ₹4.35 Cr | Open |
| 30 Nov 2020 | Hdfc Bank Limited | ₹1.96 M | Open |
| 28 Sep 2017 | Others | ₹25.15 Cr | Open |
| 27 Sep 2017 | Others | ₹4.50 Cr | Open |
| 27 Sep 2017 | Others | ₹16.30 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.
Latest Updates, News, and FAQs on Aico Foods
Recent activity within the organization
- Annual General Meeting
Aico Foods Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Balance Sheet
Aico Foods Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.
- Charges
A charge with Others of Rs. 25.15 Cr registered on 28 Sep 2017 with Charge ID 100130736 was modified on 13 Dec 2022.
- Charges
A charge with Others amounted to Rs. 4.35 Cr with Charge ID 100627192 was registered on 29 Aug 2022.
- Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.20 Cr with Charge ID 100413727 was registered on 30 Nov 2020.
- Charges
A charge with Others amounted to Rs. 25.15 Cr with Charge ID 100130736 was registered on 28 Sep 2017.
Frequently asked questions
What is the Incorporation or founding date of Aico Foods Limited?
Aico Foods Limited was incorporated on 26 Dec 1995.
What is authorized share capital and paid-up capital of Aico Foods Limited?
The authorized share capital of Aico Foods Limited is ₹ 7.50 Cr and paid-up capital is ₹ 7.50 Cr.
Who are the current board members & directors of Aico Foods Limited?
Currently 5 directors are associated with Aico Foods Limited.
- Vivek Bherulal Chopra
- Amitkumar Bherulal Chopra
- Mohanlal Lalchand Chopra
- Bherulal Lalchand Chopra
- Shreyans Mohanlal Chopra
What is the registered address of Aico Foods Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Aico Foods Limited is 44 Hirabhai Market Diwan Lalubhai Road, Kankaria Road India, Ahmedabad, Gujarat, 380022.
What is the corporate identification number (CIN) and company number of Aico Foods Limited?
The corporate identification number (CIN) of Aico Foods Limited is U65910GJ1995PLC028540 and the company number is 028540 as per Ministry of Corporate Affairs (MCA).
What is the official website of Aico Foods Limited?
The Official website of Aico Foods Limited is https://www.aicofoods.com
What has been the recent revenue trend for Aico Foods Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Aico Foods Limited has risen by 47.71%.
How many employees does Aico Foods Limited currently have?
As Per 2023 financial reports, 222 employees are currently employed by Aico Foods Limited.
What change has been observed in the net worth of Aico Foods Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Aico Foods Limited has experienced an upsurge of 0.96%.
What are the total open charges for Aico Foods Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Aico Foods Limited amount to ₹ 50.50 Cr.
When was the last Balance Sheet of Aico Foods Limited filed with the ROC?
The most recent Balance Sheet for Aico Foods Limited was filed with the ROC on 31 Mar 2024.
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