Airmax(Gujarat ) Pvt Ltd

Retail and construction company providing electric goods, ventilation, and air conditioning installation services.

1987 | Daskroi, Gujarat (India) | Active
Last Updated: September 27, 2024

Airmax(Gujarat ) Profile

Key Indicators

  • Authorised Capital ₹ 0.50 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 37 Year, 11 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 6.83 Cr
  • Satisfied Charges ₹ 0.70 M
  • Revenue Growth 22.19%
  • Profit Growth -40.78%
  • Ebitda 25.95%
  • Net Worth 11.88%
  • Total Assets 16.25%

About Airmax(Gujarat )

Airmax(Gujarat ) Pvt Ltd (APL) is a leading Private Limited Indian Non-Government Company incorporated in India on 24 February 1987 and has a history of 37 years and 11 months. Its registered office is in Daskroi, Gujarat, India.

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 2023. It's a company limited by shares with an authorized capital of Rs 0.50 M and a paid-up capital of Rs 0.10 M.

The company currently has active open charges totaling ₹6.83 Cr. The company has closed loans amounting to ₹0.70 M, as per Ministry of Corporate Affairs (MCA) records.

Jignesh Parikh, Ragini Parikh, and Siddhant Parikh serve as directors at the Company.

Company Details

  • Location

    Daskroi, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U32201GJ1987PTC009445

  • Company No.

    009445

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    24 Feb 1987

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Machinery and Equipment

Who are the key members and board of directors at Airmax(Gujarat )?

Executive Team (1)

Name Designation Appointment Date Status
Jignesh Parikh Country flag representing In Managing Director 10-Nov-1993 Current

Board Members (2)

Name Designation Appointment Date Status
Ragini Parikh Country flag representing In Whole-Time Director 24-Feb-1987 Current
Siddhant Parikh Country flag representing In Whole-Time Director 17-Oct-2013 Current

Financial Performance of Airmax(Gujarat ).

Airmax(Gujarat ) Pvt Ltd, for the financial year ended 2023, experienced significant growth in revenue, with a 22.19% increase. The company also saw a substantial fall in profitability, with a 40.78% decrease in profit. The company's net worth Soared by an impressive increase of 11.88%.

Graph illustrating revenue growth over time
Graph showing 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
22.19%
Revenue from Operations
26.29%
Total Assets
16.25%
Profit or Loss
-40.78%
Net Worth
11.88%
EBITDA
25.95%

What is the Ownership and Shareholding Structure of Airmax(Gujarat )?

In 2023, Airmax(Gujarat ) 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

₹68.30 M

Satisfied Charges

₹0.70 M

Charges Breakdown by Lending Institutions

  • Others : 5.29 Cr
  • Axis Bank Limited : 1.52 Cr
  • Bank Of India : 0.02 Cr

Latest Charge Details

Date Lender Amount Status
28 Aug 2023 Others ₹1.29 Cr Open
26 Mar 2021 Axis Bank Limited ₹1.52 Cr Open
20 Nov 2020 Others ₹4.00 Cr Open
02 May 1988 Bank Of India ₹0.20 M Open
07 Mar 2000 Shree Laxmi Co-Op Bank Ltd. ₹0.50 M Satisfied

How Many Employees Work at Airmax(Gujarat )?

Airmax(Gujarat ) has a workforce of 23 employees as of Sep 27, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Airmax(Gujarat ), 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 Airmax(Gujarat )'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 Airmax(Gujarat )

Recent activity within the organization

  • Annual General Meeting

    Airmax(Gujarat ) Pvt Ltd last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Charges

    A charge with Others amounted to Rs. 12.90 M with Charge ID 100776195 was registered on 28 Aug 2023.

    28 Aug 2023

  • Balance Sheet

    Airmax(Gujarat ) Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ahmedabad.

    31 Mar 2023

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 15.20 M with Charge ID 100437440 was registered on 26 Mar 2021.

    26 Mar 2021

  • Charges

    A charge with Others amounted to Rs. 40.00 M with Charge ID 100468381 was registered on 20 Nov 2020.

    20 Nov 2020

  • Director Appointment

    Siddhant Jignesh Parikh was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 17 Oct 2013 & has been associated with this company since 11 years 3 months .

    17 Oct 2013

Frequently asked questions

  • Airmax(Gujarat ) Pvt Ltd was incorporated on 24 Feb 1987.

  • The authorized share capital of Airmax(Gujarat ) Pvt Ltd is ₹ 0.50 M and paid-up capital is ₹ 0.10 M.

  • Currently 3 directors are associated with Airmax(Gujarat ) Pvt Ltd.

    • Jignesh Mukundbhai Parikh
    • Ragini Mukundbhai Parikh
    • Siddhant Jignesh Parikh
  • As per Ministry of Corporate Affairs (Mca), the registered address of Airmax(Gujarat ) Pvt Ltd is 1201-1204 Palak Prime Opp Double Tree, Hilton Hotel Ambli Road Ambli, Daskroi, Gujarat, India, 380058.

  • The corporate identification number (CIN) of Airmax(Gujarat ) Pvt Ltd is U32201GJ1987PTC009445 and the company number is 009445 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Airmax(Gujarat ) Pvt Ltd is https://www.airmaxgujarat.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Airmax(Gujarat ) Pvt Ltd has risen by 22.19%.

  • As Per 2023 financial reports, 23 employees are currently employed by Airmax(Gujarat ) Pvt Ltd.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Airmax(Gujarat ) Pvt Ltd has experienced an upsurge of 11.88%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Airmax(Gujarat ) Pvt Ltd amount to ₹ 6.83 Cr.

  • The most recent Balance Sheet for Airmax(Gujarat ) Pvt Ltd was filed with the ROC on 31 Mar 2023.

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