Asiad Engineering Works Pvt.Ltd.

Manufacturer of engineering goods since 1989, based in Haryana.

1989 | Haryana, Haryana (India) | Active
Last Updated: January 30, 2025

Asiad Engineering Works.Ltd. Profile

Key Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 3.92 M
  • Company Age 35 Year, 2 Months
  • Last Filing with ROC 31 Mar 2023
  • Satisfied Charges ₹ 1.44 Cr
  • Revenue Growth -14.80%
  • Profit Growth 3.37%
  • Ebitda -18.90%
  • Net Worth 13.90%
  • Total Assets 14.79%

About Asiad Engineering Works.Ltd.

Asiad Engineering Works Pvt.Ltd. (AEWP) is a leading Private Limited Indian Non-Government Company incorporated in India on 17 November 1989 and has a history of 35 years and two months. Its registered office is in Haryana, Haryana.

The Company is engaged in the Automotive 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 1.00 Cr and a paid-up capital of Rs 3.92 M.

The company has closed loans amounting to ₹1.44 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Rakesh Aggarwal, Arpit Aggarwal, and Aayush Aggarwal serve as directors at the Company.

Company Details

  • Location
    Haryana, Haryana
  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U74210HR1989PTC030735

  • Company No.

    030735

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    17 Nov 1989

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Delhi

Industry

Automotive

Who are the key members and board of directors at Asiad Engineering Works.Ltd.?

Board Members (3)

Name Designation Appointment Date Status
Rakesh Aggarwal Country flag representing In Director 02-Mar-1996 Current
Arpit Aggarwal Country flag representing In Director 04-Nov-2004 Current
Aayush Aggarwal Country flag representing In Director 25-Mar-2015 Current

Financial Performance of Asiad Engineering Works.Ltd..

Asiad Engineering Works Pvt.Ltd., for the financial year ended 2023, experienced significant reduction in revenue, with a 14.8% decrease. The company also saw a slight improvement in profitability, with a 3.37% increase in profit. The company's net worth Soared by an impressive increase of 13.9%.

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
-14.80%
Revenue from Operations
-16.01%
Total Assets
14.79%
Profit or Loss
3.37%
Net Worth
13.90%
EBITDA
-18.90%

What is the Ownership and Shareholding Structure of Asiad Engineering Works.Ltd.?

Unlock access to Asiad Engineering Works.Ltd.'s control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹1.44 Cr

Charges Breakdown by Lending Institutions

  • Canara Bank : 1.35 Cr
  • Haryana Financial Corporation : 0.06 Cr
  • Oriental Bank Of Commerce : 0.03 Cr

Latest Charge Details

Date Lender Amount Status
31 Oct 2003 Canara Bank ₹9.00 M Satisfied
19 Jul 2002 Canara Bank ₹2.50 M Satisfied
23 Mar 2002 Canara Bank ₹2.00 M Satisfied
27 Jun 1995 Haryana Financial Corporation ₹0.60 M Satisfied
02 May 1992 Oriental Bank Of Commerce ₹0.25 M Satisfied

How Many Employees Work at Asiad Engineering Works.Ltd.?

Unlock and access historical data on people associated with Asiad Engineering Works.Ltd., such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Asiad Engineering Works.Ltd., 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 Asiad Engineering Works.Ltd.'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 Asiad Engineering Works.Ltd.

Recent activity within the organization

  • Annual General Meeting

    Asiad Engineering Works Pvt.Ltd. last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Asiad Engineering Works Pvt.Ltd. has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Delhi.

    31 Mar 2023

  • Charges

    A charge registered on 27 Jun 1995 via Charge ID 90041480 with Haryana Financial Corporation was fully satisfied on 03 May 2019.

    03 May 2019

  • Charges

    A charge registered on 31 Oct 2003 via Charge ID 90043960 with Canara Bank was fully satisfied on 01 May 2019.

    01 May 2019

  • Charges

    A charge registered on 19 Jul 2002 via Charge ID 90043478 with Canara Bank was fully satisfied on 20 Jul 2015.

    20 Jul 2015

  • Charges

    A charge registered on 23 Mar 2002 via Charge ID 90043368 with Canara Bank was fully satisfied on 20 Jul 2015.

    20 Jul 2015

Frequently asked questions

  • Asiad Engineering Works Pvt.Ltd. was incorporated on 17 Nov 1989.

  • The authorized share capital of Asiad Engineering Works Pvt.Ltd. is ₹ 1.00 Cr and paid-up capital is ₹ 3.92 M.

  • Currently 3 directors are associated with Asiad Engineering Works Pvt.Ltd..

    • Rakesh Mohan Aggarwal
    • Arpit Aggarwal
    • Aayush Aggarwal
  • As per Ministry of Corporate Affairs (Mca), the registered address of Asiad Engineering Works Pvt.Ltd. is 5/Cp-5 Railway Road Faridabad India, Haryana, 120001.

  • The corporate identification number (CIN) of Asiad Engineering Works Pvt.Ltd. is U74210HR1989PTC030735 and the company number is 030735 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Asiad Engineering Works Pvt.Ltd. has fallen by -14.80%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Asiad Engineering Works Pvt.Ltd. has experienced an upsurge of 13.90%.

  • The most recent Balance Sheet for Asiad Engineering Works Pvt.Ltd. was filed with the ROC on 31 Mar 2023.