- Category
- Medium (2024-25)
- Udyam number
- UDYAM-MH-19-0023402

About Aaacorp Exim India Private Limited
Data last updated:
Aaacorp Exim India Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Parakkott Investments India Private Limited. It operates in the plastic and resins segment of the manufacturing sector. It was incorporated on 02 January 1996 and has been in existence for over 30 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U65910MH1996PTC095827. Its GSTIN is 27AACCA8815C1ZX (Maharashtra). The company holds 4 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹18.11 Cr and a paid-up capital of ₹17.36 Cr. It was formerly known as Aishwarya Leasing and Finance Private Limited and Aishwarya Plast Exports Private Limited. It is led by directors Vijayachandran Govindan Menon and Joseph John Parakkott.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at C – 206 Ghatkopar Industrial Estate L.B.S. Marg Near Anacin Company Ghatkopar (West), Mumbai, Maharashtra, India – 400086.
As per the financials filed for FY 2025, the company reported a revenue of ₹124.77 Cr, a growth of 38% compared to the previous year. For the same year it recorded a net profit of ₹2.25 Cr (net margin 1.8%) and EBITDA of ₹5.55 Cr (EBITDA margin 4.4%). Revenue has declined at a compounded annual rate (CAGR) of 3% over three years and 6% over five years.
The company has about 70 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
As per MCA filings, the company has open charges of ₹250.54 Cr and satisfied charges of ₹8.69 Cr on record. Court records list 34 cases involving the company, including 24 filed by the company and 10 filed against it; 13 cases are pending. The company has 6 deals on record (5 funding rounds, 1 secondary share transfer), with disclosed funding of ₹76.47 Cr; the latest was in April 2022. The company has 7 MSME Form 1 returns on record between 2022 and 2024, listing 771 overdue payments to 40 micro and small suppliers.
Aaacorp Exim India Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0023402). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website aaacorpexim.com.
Company details
Name history
Aaacorp Exim India has undergone 2 name changes throughout its history. The company was previously known as Aishwarya Leasing And Finance Private Limited, and Aishwarya Plast Exports Private Limited. The current legal name is Aaacorp Exim India Private Limited.
| Company Name | Status |
|---|---|
| Aaacorp Exim India Private Limited | Current |
| Aishwarya Leasing And Finance Private Limited | Previous |
| Aishwarya Plast Exports Private Limited | Previous |
Recognitions & Rankings of Aaacorp Exim India
Contact details
Aaacorp Exim India Private Limited's registered office is in Mumbai, Maharashtra. Its website is aaacorpexim.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressC – 206 Ghatkopar Industrial Estate L.B.S. Marg Near Anacin Company Ghatkopar (West), Mumbai, Maharashtra, India – 400086
- IndustryManufacturing, Plastic & Resins
To see the full contact details of Aaacorp Exim India Private Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Business activity
The main business activity of Aaacorp Exim India is manufacturing. In detail, this covers manufacture of rubber and plastics products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | 22 | Manufacture of rubber and plastics products |
To see the full business activity and turnover split of Aaacorp Exim India Private Limited, buy the company report.
Financials of Aaacorp Exim India Private Limited
FY 2024 filings availableAaacorp Exim India Private Limited reported revenue of ₹124.77 Cr (up 38% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 38% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 6%. EBITDA rose 192% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹5.55 Cr | ||||
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| Net Profit (PAT) | ₹2.25 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 4.4% | ||||
| Net Profit Margin | 1.8% | ||||
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To see the full financial statements and ratios of Aaacorp Exim India Private Limited, buy the company report.
Board of directors of Aaacorp Exim India Private Limited
Aaacorp Exim India has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vijayachandran Govindan Menon Also directs: J J Poly Impex Private Limited, Sansam Polymers Private Limited | Director | 10 May 2004 | 22 Years 5 Months | Current |
| Joseph John Parakkott | Director | 28 Jun 2003 | 23 Years 4 Months | Current |
Auditor
Aaacorp Exim India Private Limited is audited by R DEVARAJAN & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| R DEVARAJAN & CO | FY 2023 | 102415W |
Shareholding
The shareholding of Aaacorp Exim India Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Aaacorp Exim India Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 13 May 2020 | 100399029 | Others | ₹57.5 Cr | Open | |
| 31 Mar 2019 | 100255619 | Others | ₹1.5 Cr | Open | |
| 29 Jun 2018 | 100191083 | Others | ₹5 Lakh | Open | |
| 04 Oct 2017 | 100130728 | Others | ₹14.88 Lakh | Open | |
| 17 May 2017 | 100101293 | Others | ₹81.13 Lakh | Open |
To see the full charge records of Aaacorp Exim India Private Limited, buy the company report.
Total charge records: 26 View all charges
Deals & funding
Aaacorp Exim India Private Limited has 6 deals on record (5 funding rounds, 1 secondary share transfer), with disclosed funding of ₹76.47 Cr; the latest was in April 2022.
Deals on record (5 of 6)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Apr 2022 | Funding round | ₹23.93 Cr | Investors: Parakkott Investments India Private Limited |
| Feb 2018 | Funding round | ₹50.95 Cr | Investors: Parakkott Investments India Private Limited , 3 individuals |
| Jun 2013 | Funding round | ₹1 Cr | Investors: Parakkott Investments India Private Limited , an individual |
| Mar 2010 | Funding round | ₹28.6 Lakh | Investors: Parakkott Investments India Private Limited , an individual |
| Aug 2008 | Funding round | ₹30 Lakh | Investors: Parakkott Investments India Private Limited |
To see the full deal history of Aaacorp Exim India Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Aaacorp Exim India Private Limited has 34 court cases on record: 24 filed by Aaacorp Exim India, 10 filed against it. 13 cases are pending and 21 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 25 | 7 | 10 |
| District courts | 5 | 3 | 2 |
| Supreme Court | 2 | 0 | 1 |
| NCLAT | 2 | 0 | 0 |
Cases on record (5 of 34)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Interim or miscellaneous application | Filed against the company by Union Bank of India | Pending |
| District court, Thane, Maharashtra | Criminal miscellaneous application | Filed by the company against Bombay Forensic Laboratory Private Limited and 2 others | Pending |
| Bombay High Court | Interim or miscellaneous application | Filed by the company against Union Bank of India | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Secu. Case) | Filed against the company by Union Bank of India | Pending |
| Bombay High Court | Commercial suit | Filed by the company against Union Bank of India | Pending |
To see the full case history of Aaacorp Exim India Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
Credit ratings & regulatory alerts
Aaacorp Exim India Private Limited was last rated by Care on 05 Jul 2022.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 05 Jul 2022 |
To see the full credit ratings and regulatory alerts of Aaacorp Exim India Private Limited, buy the company report.
MSME payment delays
Aaacorp Exim India Private Limited has 7 MSME Form 1 returns on record between 2022 and 2024, listing 771 overdue payments to 40 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 40)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier | |||
| Delux Enterprise Global Private Limited |
To see the full MSME payment records of Aaacorp Exim India Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Aaacorp Exim India has 1 subsidiary company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Sansam Polymers Private Limited | U51900DL2011PTC215476 |
To see the full group structure of Aaacorp Exim India Private Limited, buy the company report.
Employees & EPFO
Aaacorp Exim India Private Limited has a workforce of 70 employees on its EPFO records as of Mar 30, 2024, across 2 active EPFO establishments.
GST
Aaacorp Exim India has 4 GST registrations: 2 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCA8815C1ZX | Maharashtra | Active | 01 Jul 2017 |
| 24AACCA8815C1Z3 | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Aaacorp Exim India Private Limited, buy the company report.
Recent activity
Aaacorp Exim India Private Limited has 4 board changes on record since 2003: 2 appointments and 2 cessations. The latest: Sanjesh Jinnalal Jain ceased to be Additional Director on 25 May 2012.
45 earlier events are in the company report.
Frequently asked questions
Aaacorp Exim India is an active private limited company based in Mumbai, Maharashtra, India. The company works in plastic and resins, within the manufacturing industry. It was incorporated on 02 January 1996 (30+ years old) and is registered under CIN U65910MH1996PTC095827.
Aaacorp Exim India has 2 current directors:
- Vijayachandran Govindan Menon - Director
- Joseph John Parakkott - Director
The latest financial statements of Aaacorp Exim India on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Aaacorp Exim India is 27AACCA8815C1ZX, registered in Maharashtra. The company has 4 GST registrations in all, of which 2 are active and 2 are cancelled or inactive. Other active GSTINs include 24AACCA8815C1Z3 (Gujarat).
The CIN (Corporate Identification Number) of Aaacorp Exim India is U65910MH1996PTC095827. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Aaacorp Exim India has 34 court cases on record: 24 filed by the company and 10 filed against it. 13 are pending. Most are in the high courts.
Aaacorp Exim India was incorporated on 02 January 1996, making it 30+ years old. It is registered with the Registrar of Companies, Mumbai.
Aaacorp Exim India has 6 deals on record (5 funding rounds, 1 secondary share transfer), with disclosed funding of ₹76.47 Cr; the latest was in April 2022.
Sanjesh Jinnalal Jain ceased to be Additional Director on 25 May 2012. Samakulam Viswanathan Adhimurthy ceased to be Director on 02 May 2012. Vijayachandran Govindan Menon was appointed as Director on 10 May 2004. Aaacorp Exim India has 4 board changes on record in total.
Yes, Aaacorp Exim India is registered as a medium enterprise under Udyam registration (number: UDYAM-MH-19-0023402).
Aaacorp Exim India has 7 MSME Form 1 returns on record between 2022 and 2024, listing 771 overdue payments to 40 micro and small suppliers. The latest return was filed on 18 Apr 2024.

