Aakarshit Ice and Cold Storage Private Limited

Aakarshit Ice and Cold Storage Private Limited - transport and logistics in Indore, Madhya Pradesh, India. FY 2026 financials & compliance.
CIN U63022MP1997PTC011535 Incorporated 03 January 1997 ROC Gwalior HQ Indore, Madhya Pradesh, India
Active Private Limited Company transport and logistics MSME
Data last updated
Revenue · FY 2024
₹24.77 Cr
▲ 23% YoY
Net profit · FY 2024
₹15.1 Lakh
Net margin 0.6%
EBITDA · FY 2024
₹1.73 Cr
EBITDA margin 7%
Authorised capital
₹5.55 Cr
Registered with MCA
Paid-up capital
₹3.03 Cr
Issued & subscribed
Open charges
₹11.77 Cr
Satisfied ₹23.27 Cr
Company age
29 yrs
Est. 1997
Directors on board
4
As per MCA filings

About Aakarshit Ice and Cold Storage Private Limited

Data last updated:

Aakarshit Ice and Cold Storage Private Limited is a private limited company based in Indore, Madhya Pradesh, India. It operates in the cold storage and warehousing services segment of the transport and logistics sector. It was incorporated on 03 January 1997 and has been in existence for over 29 years.

The company is registered with the Registrar of Companies (ROC), Gwalior, under CIN U63022MP1997PTC011535. Its GSTIN is 23AAIFA5997N1ZT (Madhya Pradesh).

The company has an authorised share capital of ₹5.55 Cr and a paid-up capital of ₹3.03 Cr. It was formerly known as Aakarshiit Ice and Cold Storage Private Limited. It is led by directors including Mangal Sain Madaan (Managing Director) and Rajeshwar Nath Gurjar.

Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Chetak Arch7 – M G Road Indore, Madhya Pradesh, India – 452001.

As per the financials filed for FY 2024, the company reported a revenue of ₹24.77 Cr, a growth of 23% compared to the previous year. For the same year it recorded a net profit of ₹15.1 Lakh (net margin 0.6%) and EBITDA of ₹1.73 Cr (EBITDA margin 7%). Revenue has declined at a compounded annual rate (CAGR) of 31% over three years and 4% over five years.

As per MCA filings, the company has open charges of ₹11.77 Cr and satisfied charges of ₹23.27 Cr on record. Court records list 2 cases involving the company, including 2 filed against it.

Aakarshit Ice and Cold Storage Private Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-MP-23-0008211). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website aicsl.in.

Company details

CIN U63022MP1997PTC011535
Registration Number 011535
Incorporation Date 03 January 1997
ROC Gwalior
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification MSME
Udyam Registration UDYAM-MP-23-0008211

Name history

Aakarshit Ice and Cold Storage has undergone 2 name changes throughout its history. The company was previously known as Aakarshiit Ice And Cold Storage Private Limited, and Aakarshit Ice And Cold Storage Private Limited. The current legal name is Aakarshit Ice And Cold Storage Private Limited.

Company NameStatus
Aakarshit Ice and Cold Storage Private LimitedCurrent
Aakarshiit Ice And Cold Storage Private LimitedPrevious

CIN history

Aakarshit Ice and Cold Storage has one previous CIN (Corporate Identification Number): U63022MP1997PLC011535. The current CIN is U63022MP1997PTC011535, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
U63022MP1997PTC011535Current
U63022MP1997PLC011535Previous
Key People
Mangal Sain Madaan Managing Director Rajeshwar Nath Gurjar Director Aakarshit Madaan Director

Recognitions & Rankings of Aakarshit Ice and Cold Storage

MSME (Udyam registered) Ministry of MSME
Udyam number
UDYAM-MP-23-0008211

Contact details

Aakarshit Ice and Cold Storage Private Limited's registered office is in Indore, Madhya Pradesh. Its website is aicsl.in. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    aicsl.in
  • Registered Address
    Chetak Arch7 – M G Road Indore, Madhya Pradesh, India – 452001
  • Industry
    Transport and Logistics, Cold Storage & Warehousing Services

To see the full contact details of Aakarshit Ice and Cold Storage Private Limited, buy the company report.

Comprehensive company report
Aakarshit Ice and Cold Storage Private Limited - one report that includes everything
  • 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
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Business activity

The main business activity of Aakarshit Ice and Cold Storage is transport and storage. In detail, this covers warehousing and storage.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
HTransport and storageH6Warehousing and storage

To see the full business activity and turnover split of Aakarshit Ice and Cold Storage Private Limited, buy the company report.

Financials of Aakarshit Ice and Cold Storage Private Limited

FY 2025 filings available

Aakarshit Ice and Cold Storage Private Limited reported revenue of ₹24.77 Cr (up 23% YoY) for FY 2024.

Revenue · FY 2024
₹24.77 Cr ▲ 23%
Net profit · FY 2024
₹15.1 Lakh margin 0.6%
EBITDA · FY 2024
₹1.73 Cr margin 7%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 23%
3 years · compounded
▲ 31%
5 years · compounded
▼ 4%
EBITDA CAGR growth
1 year
▲ 26%
3 years · compounded
▼ 2%
5 years · compounded
▼ 8%

Revenue rose 23% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 4%. EBITDA rose 26% 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA₹1.73 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹15.1 Lakh
Balance Sheet
Share Capital
Reserves and Surplus
Net Worth (Total Equity)
Long-term Borrowings
Short-term Borrowings
Trade Payables
Total Liabilities
Fixed Assets
Investments
Inventories
Trade Receivables
Cash and Bank Balance
Total Assets

Financial Ratios

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin7%
Net Profit Margin0.6%
Return on Equity (ROE)
Return on Capital Employed (ROCE)
Return on Assets (ROA)
Liquidity and Debt
Current Ratio
Quick Ratio
Debt-to-Equity Ratio
Interest Coverage Ratio
Efficiency and Growth
Asset Turnover
Receivable Days
Payable Days
Inventory Days
Revenue Growth
Net Profit Growth

To see the full financial statements and ratios of Aakarshit Ice and Cold Storage Private Limited, buy the company report.

Board of directors of Aakarshit Ice and Cold Storage Private Limited

Aakarshit Ice and Cold Storage has 4 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Rajeshwar Nath Gurjar
Also directs: Motel Rahans Private Limited, Guniaa Fashions Private Limited, Madaan Classic Developers Pvt Ltd and 2 more
Director13 Oct 20206 Years 0 MonthsCurrent
Mangal Sain Madaan
Also directs: Motel Rahans Private Limited, Punjabi Welfare Foundation
Managing Director03 Jan 199729 Years 10 MonthsCurrent
Aakarshit Madaan
Also directs: Punjabi Welfare Foundation, Madaan Classic Developers Pvt Ltd, Mgse Private Limited and 1 more
Director26 Jul 20179 Years 3 MonthsCurrent
Shaurya Madaan
Also directs: Innovate Realty Partners LLP
Director25 Feb 20251 Years 8 MonthsCurrent
View all directors

Auditor

Aakarshit Ice and Cold Storage Private Limited is audited by Nirza Gattani & Associates for the financial year 2023.

Auditor firmFinancial yearFirm registration number
Nirza Gattani & AssociatesFY 2023018035C

Shareholding

The shareholding of Aakarshit Ice and Cold Storage 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 categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Aakarshit Ice and Cold Storage Private Limited, buy the company report.

Charges & borrowings

Open charges
₹11.77 Cr
Satisfied charges
₹23.27 Cr
Breakdown by lending institutions
Others₹11.50 Cr
State Bank of India₹0.27 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
02 May 2023100735539Others₹11.5 CrOpen
12 Aug 2016100050699State Bank of India₹27 LakhOpen
31 Dec 2016100111005Others₹3 CrSatisfied
29 Sep 2016100062258Others₹10 CrSatisfied
21 Feb 201410483944Bank of India₹4 CrSatisfied

To see the full charge records of Aakarshit Ice and Cold Storage Private Limited, buy the company report.

Total charge records: 11 View all charges

Credit ratings & regulatory alerts

Aakarshit Ice and Cold Storage Private Limited was last rated by Crisil on 30 Nov 2019.

Rating agencyRated onRating
Crisil30 Nov 2019

To see the full credit ratings and regulatory alerts of Aakarshit Ice and Cold Storage Private Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Aakarshit Ice and Cold Storage Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Aakarshit Ice and Cold Storage has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
23AAIFA5997N1ZTMadhya PradeshActive01 Jul 2017

To see the full GST registrations and return filing status of Aakarshit Ice and Cold Storage Private Limited, buy the company report.

Recent activity

Aakarshit Ice and Cold Storage Private Limited has 11 board changes on record since 1997: 4 appointments and 7 cessations. The latest: Shaurya Madaan ceased to be Additional Director on 19 Mar 2025.

AGM
Aakarshit Ice And Cold Storage Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Aakarshit Ice And Cold Storage Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Gwalior.
Ceased
Shaurya Madaan ceased to be Additional Director.
Appointed
Shaurya Madaan was appointed as Director.
Charges
A charge registered on 29 Sep 2016 via Charge ID 100062258 with Others was fully satisfied on 11 May 2023.
Charges
A charge registered on 31 Dec 2016 via Charge ID 100111005 with Others was fully satisfied on 09 May 2023.
Charges
A charge with Others amounted to Rs. 11.50 Cr with Charge ID 100735539 was registered on 02 May 2023.
Appointed
Rajeshwar Nath Gurjar was appointed as Director.
Ceased
Ruchi Sogani ceased to be Director.
Ceased
Sobhag Shambhusingh Singh ceased to be Director.
Ceased
Ruchi Barche ceased to be Company Secretary.
Ceased
Vijai Singh Bharaktiya ceased to be Additional Director.

23 earlier events are in the company report.

Frequently asked questions

Aakarshit Ice and Cold Storage is an active private limited company based in Indore, Madhya Pradesh, India. The company works in cold storage and warehousing services, within the transport and logistics industry. It was incorporated on 03 January 1997 (29+ years old) and is registered under CIN U63022MP1997PTC011535.

Aakarshit Ice and Cold Storage has 4 current directors:

The latest financial statements of Aakarshit Ice and Cold Storage on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.

The GSTIN of Aakarshit Ice and Cold Storage is 23AAIFA5997N1ZT, registered in Madhya Pradesh.

The CIN (Corporate Identification Number) of Aakarshit Ice and Cold Storage is U63022MP1997PTC011535. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Aakarshit Ice and Cold Storage has 2 court cases on record: 2 filed against it.

Aakarshit Ice and Cold Storage was incorporated on 03 January 1997, making it 29+ years old. It is registered with the Registrar of Companies, Gwalior.

Shaurya Madaan ceased to be Additional Director on 19 Mar 2025. Shaurya Madaan was appointed as Director on 25 Feb 2025. Rajeshwar Nath Gurjar was appointed as Director on 13 Oct 2020. Aakarshit Ice and Cold Storage has 11 board changes on record in total.

Yes, Aakarshit Ice and Cold Storage is registered as an MSME under Udyam registration (number: UDYAM-MP-23-0008211).

Aakarshit Ice and Cold Storage can be reached through the website aicsl.in. Its registered office is in Indore, Madhya Pradesh, India.