Air Control And Chemical Engineering Company Limited

Manufactures air conditioning and refrigeration compressors, water chillers, fans, and castings.

1961 | Ahmedabad, Gujarat (India) | Active
Last Updated:

Air Control And Chemical Engineering Company Profile

Key Indicators

  • Authorised Capital ₹ 10.00 Cr
  • Paid Up Capital ₹ 3.26 Cr
  • Company Age 63 Year, 3 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 162.41 Cr
  • Satisfied Charges ₹ 22.29 Cr
  • Revenue Growth 28.52%
  • Profit Growth 0.68%
  • Ebitda 12.36%
  • Net Worth 5.69%
  • Total Assets 21.50%

About Air Control And Chemical Engineering Company

Air Control And Chemical Engineering Company Limited (ACACECL) was founded in India on 13 November 1961 and has a glorious history of 63 years and three months. Its registered office is in Ahmedabad, Gujarat, India.

The Corporate was formerly known as Air Control And Chemical Engineering Company Ltd. 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 10.00 Cr and a paid-up capital of Rs 3.26 Cr.

The company currently has active open charges totaling ₹162.41 Cr. The company has closed loans amounting to ₹22.29 Cr, as per Ministry of Corporate Affairs (MCA) records.

Vishal Daga, Bachhraj Daga, Ratan Daga, 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

    U31109GJ1961PLC001098

  • Company No.

    001098

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    13 Nov 1961

  • 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 Air Control And Chemical Engineering Company Limited offer?

Air Control And Chemical Engineering Company Limited offers a wide range of products and services, including Air Compressors, Accessories & Parts, Reciprocating Compressors, Plant Design & Installation Services, Industrial Equipment Installation, Air Compressors, Industrial Air Conditioner & Devices, Chillers, Cold Storage System, Commercial Air Conditioner, Industrial Cooling System.

Who are the key members and board of directors at Air Control And Chemical Engineering Company?

Executive Team (1)

NameDesignationAppointment DateStatus
Vishal Daga Country flag representing In Managing Director26-Nov-2005Current

Board Members (4)

NameDesignationAppointment DateStatus
Bachhraj Daga Country flag representing In Director 28-Aug-1999Current
Ratan Daga Country flag representing In Director 28-Aug-1999Current
Shalini Jalan Country flag representing In Director 02-Dec-2022Current
Raina Singh Country flag representing In Director 02-Dec-2022Current

Financial Performance of Air Control And Chemical Engineering Company.

Air Control And Chemical Engineering Company Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 28.52% increase. The company also saw a slight improvement in profitability, with a 0.68% increase in profit. The company's net worth moved up by a moderate rise of 5.69%.

Air Control And Chemical Engineering Company revenue growth over time
Air Control And Chemical Engineering Company 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
28.52%
Revenue from Operations
28.31%
Total Assets
21.50%
Profit or Loss
0.68%
Net Worth
5.69%
EBITDA
12.36%

What is the Ownership and Shareholding Structure of Air Control And Chemical Engineering Company?

In 2023, Air Control And Chemical Engineering Company 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

₹162.41 Cr

Satisfied Charges

₹22.29 Cr

Charges Breakdown by Lending Institutions

  • Others : 158.48 Cr
  • Indian Overseas Bank : 3.92 Cr

Latest Charge Details

DateLenderAmountStatus
26 Aug 2022Indian Overseas Bank₹0.90 MOpen
05 Mar 2022Indian Overseas Bank₹1.40 MOpen
17 Feb 2022Others₹1.30 CrOpen
19 Jan 2022Indian Overseas Bank₹3.60 MOpen
01 Jan 2022Indian Overseas Bank₹1.25 CrOpen

How Many Employees Work at Air Control And Chemical Engineering Company?

Unlock and access historical data on people associated with Air Control And Chemical Engineering Company, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee growth trends for Air Control And Chemical Engineering Company Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Air Control And Chemical Engineering Company, 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 Air Control And Chemical Engineering Company'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 Air Control And Chemical Engineering Company

Recent activity within the organization

  • Annual General Meeting

    Air Control And Chemical Engineering Company Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Charges

    A charge with Others of Rs. 78.26 Cr registered on 15 Oct 2005 with Charge ID 90102864 was modified on 12 Sep 2024.

  • Charges

    A charge with Others of Rs. 78.26 Cr registered on 15 Oct 2005 with Charge ID 80026241 was modified on 09 Sep 2024.

  • Charges

    A charge registered on 06 Jul 2020 via Charge ID 100349831 with Others was fully satisfied on 09 Aug 2024.

  • Balance Sheet

    Air Control And Chemical Engineering Company Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.

  • Charges

    A charge registered on 18 Oct 2017 via Charge ID 100137497 with Others was fully satisfied on 09 May 2023.

Frequently asked questions

  • What is the Incorporation or founding date of Air Control And Chemical Engineering Company Limited?

    Air Control And Chemical Engineering Company Limited was incorporated on 13 Nov 1961.

  • What is authorized share capital and paid-up capital of Air Control And Chemical Engineering Company Limited?

    The authorized share capital of Air Control And Chemical Engineering Company Limited is ₹ 10.00 Cr and paid-up capital is ₹ 3.26 Cr.

  • Who are the current board members & directors of Air Control And Chemical Engineering Company Limited?

    Currently 5 directors are associated with Air Control And Chemical Engineering Company Limited.

    • Vishal Bachhraj Daga
    • Bachhraj Daga
    • Ratan Lal Daga
    • Shalini Hitesh Jalan
    • Raina Singh

  • What is the registered address of Air Control And Chemical Engineering Company Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Air Control And Chemical Engineering Company Limited is P O Nandejbarejadi (W Rly/) India, Dist Ahmedabad-382 435, Gujarat, 382435.

  • What is the corporate identification number (CIN) and company number of Air Control And Chemical Engineering Company Limited?

    The corporate identification number (CIN) of Air Control And Chemical Engineering Company Limited is U31109GJ1961PLC001098 and the company number is 001098 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Air Control And Chemical Engineering Company Limited?

    The Official website of Air Control And Chemical Engineering Company Limited is https://www.accelindia.com

  • What has been the recent revenue trend for Air Control And Chemical Engineering Company Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Air Control And Chemical Engineering Company Limited has risen by 28.52%.

  • What change has been observed in the net worth of Air Control And Chemical Engineering Company Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Air Control And Chemical Engineering Company Limited has experienced an upsurge of 5.69%.

  • What are the total open charges for Air Control And Chemical Engineering Company Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Air Control And Chemical Engineering Company Limited amount to ₹ 162.41 Cr.

  • When was the last Balance Sheet of Air Control And Chemical Engineering Company Limited filed with the ROC?

    The most recent Balance Sheet for Air Control And Chemical Engineering Company Limited was filed with the ROC on 31 Mar 2024.

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