Classic Airtech Private Limited

Provides air conditioning machinery, maintenance, and installation services for various industries and clients.

2000 | Ahmedabad, Gujarat (India) | Active
Last Updated: December 06, 2024

Classic Airtech Profile

Key Indicators

  • Authorised Capital ₹ 0.10 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 24 Year, 5 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 2.42 Cr
  • Revenue Growth 97.33%
  • Profit Growth -56.67%
  • Ebitda -9.30%
  • Net Worth 3.36%
  • Total Assets 68.10%

About Classic Airtech

Classic Airtech Private Limited (CAPL) is a Private Limited Indian Non-Government Company incorporated in India on 05 September 2000 and has a history of 24 years and five months. Its registered office is in Ahmedabad, Gujarat, India.

The Company is engaged in the Consumer Electronics & Durables 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 0.10 M and a paid-up capital of Rs 0.10 M.

The company currently has active open charges totaling ₹2.42 Cr.

Vipulkumar Sanghvi and Nitaben Sanghvi serve as directors at the Company.

Company Details

  • Location

    Ahmedabad, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U29309GJ2000PTC038596

  • Company No.

    038596

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    05 Sep 2000

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Consumer Electronics & Durables

What products or services does Classic Airtech Private Limited offer?

Classic Airtech Private Limited offers a wide range of products and services, including Industrial Air Conditioner & Devices, Chillers, Refrigeration Spares, Commercial Air Conditioner, Domestic Fans, AC & Coolers, Air Conditioner, HVAC System, Inverter Air Conditioners, Duct AC, VRF System.

Who are the key members and board of directors at Classic Airtech?

Board Members (2)

Name Designation Appointment Date Status
Vipulkumar Sanghvi Country flag representing In Director 05-Sep-2000 Current
Nitaben Sanghvi Country flag representing In Director 14-Oct-2020 Current

Financial Performance of Classic Airtech.

Classic Airtech Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 97.33% increase. The company also saw a substantial fall in profitability, with a 56.67% decrease in profit. The company's net worth moved up by a moderate rise of 3.36%.

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
97.33%
Revenue from Operations
97.35%
Total Assets
68.10%
Profit or Loss
-56.67%
Net Worth
3.36%
EBITDA
-9.30%

What is the Ownership and Shareholding Structure of Classic Airtech?

In 2022, Classic Airtech 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

₹24.20 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Others : 2.01 Cr
  • Citi Bank N. A. : 0.35 Cr
  • The Bavla Nagarik Sahakari Bank Ltd. : 0.06 Cr

Latest Charge Details

Date Lender Amount Status
01 Jan 2021 Others ₹2.01 Cr Open
02 Mar 2010 The Bavla Nagarik Sahakari Bank Ltd. ₹0.60 M Open
30 Jan 2010 Citi Bank N. A. ₹3.50 M Open

How Many Employees Work at Classic Airtech?

Classic Airtech has a workforce of 15 employees as of Apr 01, 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 Classic Airtech, 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 Classic Airtech'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 Classic Airtech

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2024

  • Balance Sheet

    Classic Airtech Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.

    31 Mar 2024

  • Charges

    A charge with Others of Rs. 20.10 M registered on 01 Jan 2021 with Charge ID 100402405 was modified on 12 Oct 2023.

    12 Oct 2023

  • Charges

    A charge with Others amounted to Rs. 20.10 M with Charge ID 100402405 was registered on 01 Jan 2021.

    01 Jan 2021

  • Director Appointment

    Nitaben Vipulkumar Sanghvi was appointed as a Director was appointed as a Director on 14 Oct 2020 & has been associated with this company since 4 years 3 months .

    14 Oct 2020

  • Charges

    A charge with The Bavla Nagarik Sahakari Bank Ltd. amounted to Rs. 0.60 M with Charge ID 10210558 was registered on 02 Mar 2010.

    02 Mar 2010

Frequently asked questions

  • Classic Airtech Private Limited was incorporated on 05 Sep 2000.

  • The authorized share capital of Classic Airtech Private Limited is ₹ 0.10 M and paid-up capital is ₹ 0.10 M.

  • Currently 2 directors are associated with Classic Airtech Private Limited.

    • Vipulkumar Kacharlal Sanghvi
    • Nitaben Vipulkumar Sanghvi
  • As per Ministry of Corporate Affairs (Mca), the registered address of Classic Airtech Private Limited is 3 Sarthi Apartment Oppgurukul Road Memnagar India, Ahmedabad, Gujarat, 380052.

  • The corporate identification number (CIN) of Classic Airtech Private Limited is U29309GJ2000PTC038596 and the company number is 038596 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Classic Airtech Private Limited is https://www.classicairtech.com

  • According to the financial reports for the fiscal year 2022, the revenue trend for Classic Airtech Private Limited has risen by 97.33%.

  • As Per 2022 financial reports, 15 employees are currently employed by Classic Airtech Private Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Classic Airtech Private Limited has experienced an upsurge of 3.36%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Classic Airtech Private Limited amount to ₹ 2.42 Cr.

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

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