Aspire Polytrade Private Limited

Manufacturer of pipes and fittings for various industries and buildings.

2011 | Mumbai, Maharashtra (India) | Active
Last Updated: October 24, 2024

Aspire Polytrade Profile

Key Indicators

  • Authorised Capital ₹ 0.50 M
  • Paid Up Capital ₹ 0.20 M
  • Company Age 13 Year, 3 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 17.00 Cr
  • Revenue Growth 47.92%
  • Profit Growth -6.35%
  • Ebitda -128.31%
  • Net Worth 54.70%
  • Total Assets 38.83%

About Aspire Polytrade

Aspire Polytrade Private Limited (APPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 24 November 2011 and has a history of 13 years and three months. Its registered office is in Mumbai, Maharashtra, India.

The Company is engaged in the Trading 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 0.50 M and a paid-up capital of Rs 0.20 M.

The company currently has active open charges totaling ₹17.00 Cr.

Jatin Kishor, Tejal Shah, and Sohil Vazir serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    aspireincorporation.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U52100MH2011PTC224342

  • Company No.

    224342

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    24 Nov 2011

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Trading

Who are the key members and board of directors at Aspire Polytrade?

Board Members (3)

NameDesignationAppointment DateStatus
Jatin Kishor Country flag representing In Director 24-Nov-2011Current
Tejal Shah Country flag representing In Director 05-Feb-2018Current
Sohil Vazir Country flag representing In Director 05-Feb-2018Current

Financial Performance of Aspire Polytrade.

Aspire Polytrade Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 47.92% increase. The company also saw a slight decrease in profitability, with a 6.35% decrease in profit. The company's net worth Soared by an impressive increase of 54.7%.

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
47.92%
Revenue from Operations
47.40%
Total Assets
38.83%
Profit or Loss
-6.35%
Net Worth
54.70%
EBITDA
-128.31%

What is the Ownership and Shareholding Structure of Aspire Polytrade?

In 2023, Aspire Polytrade had a promoter holding of 95.00% and a public holding of 5.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹170.00 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Yes Bank Limited : 17.00 Cr

Latest Charge Details

DateLenderAmountStatus
14 Dec 2018Yes Bank Limited₹17.00 CrOpen

How Many Employees Work at Aspire Polytrade?

Unlock and access historical data on people associated with Aspire Polytrade, 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 Aspire Polytrade, 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 Aspire Polytrade'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 Aspire Polytrade

Recent activity within the organization

  • Annual General Meeting

    Aspire Polytrade Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Aspire Polytrade Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

    31 Mar 2024

  • Charges

    A charge with Yes Bank Limited of Rs. 170.00 M registered on 14 Dec 2018 with Charge ID 100233925 was modified on 26 Aug 2022.

    26 Aug 2022

  • Charges

    A charge with Yes Bank Limited amounted to Rs. 170.00 M with Charge ID 100233925 was registered on 14 Dec 2018.

    14 Dec 2018

  • Director Appointment

    Tejal Vaibhav Shah was appointed as a Director was appointed as a Director on 05 Feb 2018 & has been associated with this company since 7 years 19 days .

    05 Feb 2018

  • Director Appointment

    Sohil Pravin Vazir was appointed as a Director was appointed as a Director on 05 Feb 2018 & has been associated with this company since 7 years 19 days .

    05 Feb 2018

Frequently asked questions

  • Aspire Polytrade Private Limited was incorporated on 24 Nov 2011.

  • The authorized share capital of Aspire Polytrade Private Limited is ₹ 0.50 M and paid-up capital is ₹ 0.20 M.

  • Currently 3 directors are associated with Aspire Polytrade Private Limited.

    • Jatin Gadoya Kishor
    • Tejal Vaibhav Shah
    • Sohil Pravin Vazir
  • As per Ministry of Corporate Affairs (Mca), the registered address of Aspire Polytrade Private Limited is B - 412 / 413 Mangal Aarambh Opp. Kora Kendra Ground Borivali (West), India, Mumbai, Maharashtra, 400092.

  • The corporate identification number (CIN) of Aspire Polytrade Private Limited is U52100MH2011PTC224342 and the company number is 224342 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Aspire Polytrade Private Limited is https://www.aspireincorporation.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Aspire Polytrade Private Limited has risen by 47.92%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Aspire Polytrade Private Limited has experienced an upsurge of 54.70%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Aspire Polytrade Private Limited amount to ₹ 17.00 Cr.

  • The most recent Balance Sheet for Aspire Polytrade Private Limited was filed with the ROC on 31 Mar 2024.

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