Air Works India (Engineering)Pvt Profile
Key Indicators
- Authorised Capital ₹ 56.11 Cr
- Paid Up Capital ₹ 50.51 Cr
- Company Age 38 Year, 5 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 141.28 Cr
- Satisfied Charges ₹ 962.70 Cr
- Revenue Growth 16.50%
- Profit Growth 42.87%
- Ebitda 36.04%
- Net Worth -1.76%
- Total Assets 7.37%
About Air Works India (Engineering)Pvt
Air Works India (Engineering)Pvt Ltd (AWIEL) is a leading Private Limited Indian Non-Government Company incorporated in India on 11 September 1986 and has a history of 38 years and five months. Its registered office is in Mumbai, Maharashtra, India.
The Company is engaged in the Transport And Logistics 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 56.11 Cr and a paid-up capital of Rs 50.51 Cr.
The company currently has active open charges totaling ₹141.28 Cr. The company has closed loans amounting to ₹962.70 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Air Works India (Engineering)Pvt Ltd India are Nitin Agarwal as Cfo, Anand Dhanyamraju as Ceo, and Deepak Goyal as Company Secretary. Ravi Menon, Anand Dhanyamraju, Haseeb Drabu, and Three other members serve as directors at the Company.
Company Details
- Location
Mumbai, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U74210MH1986PTC040889
- Company No.
040889
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
11 Sep 1986
- Date of AGM
27 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Transport and Logistics
What products or services does Air Works India (Engineering)Pvt Ltd offer?
Air Works India (Engineering)Pvt Ltd offers a wide range of products and services, including Business Planning and Management, Business Consultant, Transformers & Transformer Parts, Transformer Parts, Air Taxi, Bus Rentals & Services, Air Travel Services, Business Auditing & Valuation, Valuation Services, FRP Lining, PU & Powder Coatings, Special Coating.
Who are the key members and board of directors at Air Works India (Engineering)Pvt?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Anand Dhanyamraju  | Managing Director | 22-Mar-2023 | Current |
| Nitin Agarwal | CFO | 14-Feb-2024 | Current |
| Deepak Goyal | Company Secretary | 07-Jan-2019 | Current |
Board Members (5)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Tarun Sharma | Nominee Director | 23-Nov-2017 | Current |
Michael Schulhof  | Director | 04-Feb-2009 | Current |
| Ravi Menon | Director | 11-Sep-1986 | Current |
| Haseeb Drabu | Director | 11-Feb-2021 | Current |
| Ajay Singh | Director | 23-Sep-2020 | Current |
Financial Performance of Air Works India (Engineering)Pvt.
Air Works India (Engineering)Pvt Ltd, for the financial year ended 2022, experienced significant growth in revenue, with a 16.5% increase. The company also saw a substantial improvement in profitability, with a 42.87% increase in profit. The company's net worth dipped by a decrease of 1.76%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Air Works India (Engineering)Pvt?
In 2022, Air Works India (Engineering)Pvt had a public holding of 100.00%. The company had 4 Subsidiaries and 2 Associate Companies. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Lava International LimitedAjay Singh is a mutual person
Yashraj Biotechnology LimitedHaseeb Drabu is a mutual person
Panacea Medical Technologies Private LimitedTarun Sharma is a mutual person
Chartered Finance Management Private LimitedHaseeb Drabu is a mutual person
Sa Air Works India Private LimitedAnand Dhanyamraju is a mutual person
Aspira Pathlab & Diagnostics LimitedHaseeb Drabu is a mutual person
Charges (Loans)
Open Charges
₹141.28 Cr
Satisfied Charges
₹962.70 Cr
Charges Breakdown by Lending Institutions
- Others : 74.40 Cr
- Axis Bank Limited : 39.18 Cr
- Hdfc Bank Limited : 27.70 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 23 Jun 2023 | Others | ₹20.00 Cr | Open |
| 29 Dec 2022 | Axis Bank Limited | ₹3.28 Cr | Open |
| 31 Jan 2022 | Axis Bank Limited | ₹10.90 Cr | Open |
| 21 Sep 2021 | Hdfc Bank Limited | ₹3.85 Cr | Open |
| 20 Aug 2021 | Others | ₹2.95 Cr | Open |
How Many Employees Work at Air Works India (Engineering)Pvt?
Unlock and access historical data on people associated with Air Works India (Engineering)Pvt, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Air Works India (Engineering)Pvt, 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 Works India (Engineering)Pvt'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 Air Works India (Engineering)Pvt
Recent activity within the organization
- Charges
A charge registered on 11 Jun 2020 via Charge ID 100348459 with Axis Bank Limited was fully satisfied on 02 Dec 2024.
- Annual General Meeting
Air Works India (Engineering)Pvt Ltd last Annual general meeting of members was held on 27 Sep 2024 as per latest MCA records.
- Balance Sheet
Air Works India (Engineering)Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
- Charges
A charge with Axis Bank Limited of Rs. 25.00 Cr registered on 11 Jun 2020 with Charge ID 100348461 was modified on 21 Feb 2024.
- Director Appointment
Nitin Agarwal was appointed as a Cfo was appointed as a Cfo on 14 Feb 2024 & has been associated with this company since 1 year 16 days .
- Charges
A charge with Others amounted to Rs. 20.00 Cr with Charge ID 100761899 was registered on 23 Jun 2023.
Recent News, Updates & Announcement
- Adani Group's Acquisition of Air Works Delayed Due to Punj Lloyd's Bankruptcy, Deal Expected to Close by 2023.
Adani Group wants to buy Air Works but it's taking longer than expected because one of Air Works' major shareholders, Punj Lloyd, went bankrupt. The deadline for the deal has passed twice and the latest deadline is in 2023. Adani Group is still interested in buying Air Works, but they haven't been able to because of Punj Lloyd's bankruptcy. The deal should be done soon, but Adani Group's reputation has been hurt by accusations of fraud and stock price manipulation. Air Works has been around since 1951 and has locations in 27 cities. The acquisition will help Adani Group get into the aviation maintenance industry..
Frequently asked questions
What is the Incorporation or founding date of Air Works India (Engineering)Pvt Ltd?
Air Works India (Engineering)Pvt Ltd was incorporated on 11 Sep 1986.
What is authorized share capital and paid-up capital of Air Works India (Engineering)Pvt Ltd?
The authorized share capital of Air Works India (Engineering)Pvt Ltd is ₹ 56.11 Cr and paid-up capital is ₹ 50.51 Cr.
Who are the current board members & directors of Air Works India (Engineering)Pvt Ltd?
Currently 9 directors are associated with Air Works India (Engineering)Pvt Ltd.
- Nitin Agarwal
- Ravi Shivdas Menon
- Anand Bhaskar Dhanyamraju
- Haseeb Ahmad Drabu
- Michael Peter Schulhof
- Tarun Sharma
- Ajay Kumar Singh
- Anand Bhaskar Dhanyamraju
- Deepak Goyal
What is the registered address of Air Works India (Engineering)Pvt Ltd?
As per Ministry of Corporate Affairs (Mca), the registered address of Air Works India (Engineering)Pvt Ltd is Bombay International Air Portgate No 8 Santacruz E India, Mumbai, Maharashtra, 400029.
What is the corporate identification number (CIN) and company number of Air Works India (Engineering)Pvt Ltd?
The corporate identification number (CIN) of Air Works India (Engineering)Pvt Ltd is U74210MH1986PTC040889 and the company number is 040889 as per Ministry of Corporate Affairs (MCA).
What is the official website of Air Works India (Engineering)Pvt Ltd?
The Official website of Air Works India (Engineering)Pvt Ltd is https://www.airworks.aero
What has been the recent revenue trend for Air Works India (Engineering)Pvt Ltd?
According to the financial reports for the fiscal year 2022, the revenue trend for Air Works India (Engineering)Pvt Ltd has risen by 16.50%.
What change has been observed in the net worth of Air Works India (Engineering)Pvt Ltd, and by what percentage?
The financial reports for the fiscal year 2022 indicates that The net worth of Air Works India (Engineering)Pvt Ltd has experienced an downturn of -1.76%.
What are the total open charges for Air Works India (Engineering)Pvt Ltd?
As per the financial statements for fiscal Year 2022, The total open charges for Air Works India (Engineering)Pvt Ltd amount to ₹ 141.28 Cr.
When was the last Balance Sheet of Air Works India (Engineering)Pvt Ltd filed with the ROC?
The most recent Balance Sheet for Air Works India (Engineering)Pvt Ltd was filed with the ROC on 31 Mar 2024.
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