Aspee Agro Equipment Pvt Ltd

Manufacturer and trader of farm machinery and equipment with multiple manufacturing units across India.

1972 | Navsari, Gujarat (India) | Active
Last Updated:

Aspee Agro Equipment Profile

Key Indicators

  • Authorised Capital ₹ 20.00 Cr
  • Paid Up Capital ₹ 1.30 Cr
  • Company Age 53 Year,
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 40.00 Cr
  • Satisfied Charges ₹ 254.05 Cr
  • Revenue Growth 65.76%
  • Profit Growth 43.64%
  • Ebitda 28.82%
  • Net Worth 7.26%
  • Total Assets 15.22%

About Aspee Agro Equipment

Aspee Agro Equipment Pvt Ltd (AAEPL) was founded in India on 12 May 1972 and has a glorious history of 53 years . Its registered office is in Navsari, Gujarat, India.

The Company is engaged in the Agriculture 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 20.00 Cr and a paid-up capital of Rs 1.30 Cr.

The company currently has active open charges totaling ₹40.00 Cr. The company has closed loans amounting to ₹254.05 Cr, as per Ministry of Corporate Affairs (MCA) records.

Rajeev Patel, Sharadchandra Patel, Jatin Patel, and Three other members serve as directors at the Company.

Company Details

  • Location

    Navsari, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U29219GJ1972PTC002087

  • Company No.

    002087

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    12 May 1972

  • Date of AGM

    14 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Agriculture

What products or services does Aspee Agro Equipment Pvt Ltd offer?

Aspee Agro Equipment Pvt Ltd offers a wide range of products and services, including Farming Tools, Equipment & Machines, Power Sprayer, Agricultural Sprayers, Agricultural Hand Sprayer, Disinfectant Sprayers, Pressure Sprayer, Gardening and Horticulture Tools, Plant Cutting tools, Disinfection Equipment & Machines, Vehicle Mounted Sprayer.

Company report

Aspee Agro Equipment Pvt Ltd

Explore comprehensive data for Aspee Agro Equipment Pvt Ltd, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Aspee Agro Equipment?

Board Members (6)

NameDesignationAppointment DateStatus
Pradip Desai Country flag representing In Director 23-Oct-1973Current
Rajeev Patel Country flag representing In Whole-Time Director 22-Jun-1996Current
Sharadchandra Patel Country flag representing In Director 12-May-1972Current
Jatin Patel Country flag representing In Whole-Time Director 22-Jun-1996Current
Kiran Patel Country flag representing In Director 28-Mar-2006Current
Rajendrakumar Panchal Country flag representing In Director 14-Jun-2022Current

Financial Performance of Aspee Agro Equipment.

Aspee Agro Equipment Pvt Ltd, for the financial year ended 2023, experienced significant growth in revenue, with a 65.76% increase. The company also saw a substantial improvement in profitability, with a 43.64% increase in profit. The company's net worth moved up by a moderate rise of 7.26%.

Aspee Agro Equipment revenue growth over time
Aspee Agro Equipment 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
65.76%
Revenue from Operations
68.46%
Total Assets
15.22%
Profit or Loss
43.64%
Net Worth
7.26%
EBITDA
28.82%

What is the Ownership and Shareholding Structure of Aspee Agro Equipment?

In 2023, Aspee Agro Equipment 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

₹40.00 Cr

Satisfied Charges

₹254.05 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 15.00 Cr
  • Axis Bank Limited : 15.00 Cr
  • Others : 10.00 Cr

Latest Charge Details

DateLenderAmountStatus
30 Sep 2019Axis Bank Limited₹15.00 CrOpen
20 Jul 2018Hdfc Bank Limited₹3.00 CrOpen
20 Jul 2018Hdfc Bank Limited₹2.00 CrOpen
23 Feb 2018Others₹5.00 CrOpen
23 Feb 2018Others₹5.00 CrOpen

How Many Employees Work at Aspee Agro Equipment?

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

Employee growth trends for Aspee Agro Equipment Pvt Ltd

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Aspee Agro Equipment, 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 Aspee Agro Equipment'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 Aspee Agro Equipment

Recent activity within the organization

  • Annual General Meeting

    Aspee Agro Equipment Pvt Ltd last Annual general meeting of members was held on 14 Sep 2024 as per latest MCA records.

  • Balance Sheet

    Aspee Agro Equipment Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.

  • Charges

    A charge registered on 20 Jul 2022 via Charge ID 100604468 with Hdfc Bank Limited was fully satisfied on 27 Mar 2024.

  • Charges

    A charge registered on 20 Nov 2020 via Charge ID 100413455 with Hdfc Bank Limited was fully satisfied on 27 Mar 2024.

  • Charges

    A charge registered on 16 May 2018 via Charge ID 100189355 with Hdfc Bank Limited was fully satisfied on 27 Mar 2024.

  • Charges

    A charge registered on 16 May 2018 via Charge ID 100199944 with Hdfc Bank Limited was fully satisfied on 27 Mar 2024.

Frequently asked questions

  • What is the Incorporation or founding date of Aspee Agro Equipment Pvt Ltd?

    Aspee Agro Equipment Pvt Ltd was incorporated on 12 May 1972.

  • What is authorized share capital and paid-up capital of Aspee Agro Equipment Pvt Ltd?

    The authorized share capital of Aspee Agro Equipment Pvt Ltd is ₹ 20.00 Cr and paid-up capital is ₹ 1.30 Cr.

  • Who are the current board members & directors of Aspee Agro Equipment Pvt Ltd?

    Currently 6 directors are associated with Aspee Agro Equipment Pvt Ltd.

    • Rajeev Kiran Patel
    • Sharadchandra Lallubhai Patel
    • Jatin Sharadchandra Patel
    • Pradip Kumar Jayvantbhai Desai
    • Kiran Lallubhai Patel
    • Rajendrakumar Chunilal Panchal

  • What is the registered address of Aspee Agro Equipment Pvt Ltd?

    As per Ministry of Corporate Affairs (Mca), the registered address of Aspee Agro Equipment Pvt Ltd is Chikhali Road Antalia, India, Bilimora, Gujarat, 396321.

  • What is the corporate identification number (CIN) and company number of Aspee Agro Equipment Pvt Ltd?

    The corporate identification number (CIN) of Aspee Agro Equipment Pvt Ltd is U29219GJ1972PTC002087 and the company number is 002087 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Aspee Agro Equipment Pvt Ltd?

    The Official website of Aspee Agro Equipment Pvt Ltd is https://www.aspee.com

  • What has been the recent revenue trend for Aspee Agro Equipment Pvt Ltd?

    According to the financial reports for the fiscal year 2023, the revenue trend for Aspee Agro Equipment Pvt Ltd has risen by 65.76%.

  • What change has been observed in the net worth of Aspee Agro Equipment Pvt Ltd, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Aspee Agro Equipment Pvt Ltd has experienced an upsurge of 7.26%.

  • What are the total open charges for Aspee Agro Equipment Pvt Ltd?

    As per the financial statements for fiscal Year 2023, The total open charges for Aspee Agro Equipment Pvt Ltd amount to ₹ 40.00 Cr.

  • When was the last Balance Sheet of Aspee Agro Equipment Pvt Ltd filed with the ROC?

    The most recent Balance Sheet for Aspee Agro Equipment Pvt Ltd was filed with the ROC on 31 Mar 2024.

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