- Category
- Micro (2024-25)
- Udyam number
- UDYAM-GJ-01-0092422

About Aaspa Equipment Private Limited
Data last updated:
Aaspa Equipment Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the power equipment manufacturers segment of the energy and power sector. It was incorporated on 20 March 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U29309GJ2018PTC101388. Its GSTIN is 24AAQCA6724L1ZA (Gujarat).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Bhavikkumar Patel Ishvarbhai and Vandanaben Jayantibhai Patel.
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 Ff Sahjanand Business Park, Ahmedabad, Gujarat.
As per the financials filed for FY 2025, the company reported a revenue of ₹2.87 Cr, a growth of 25% compared to the previous year. For the same year it recorded a net profit of ₹2.06 Lakh (net margin 0.7%) and EBITDA of ₹3.69 Lakh (EBITDA margin 1.3%). Revenue has grown at a compounded annual rate (CAGR) of 8% over three years and 33% over five years.
The company is associated with 1 brand: Aaspa Equipment. Court records list 1 case involving the company, including 1 filed against it; 1 case is pending.
Aaspa Equipment Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0092422). For more details, the company can be reached via its website aaspaequipment.com.
Company details
Recognitions & Rankings of Aaspa Equipment
Contact details
Aaspa Equipment Private Limited's registered office is in Ahmedabad, Gujarat. Its website is aaspaequipment.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressOffice No 112 – Ff Sahjanand Business Park Nr Keshavam Ind Estate Nr. S P Ring Roa, D Nikol, Ahmedabad, Gujarat, India – 382350
- IndustryEnergy and Power, Power Equipment Manufacturers
To see the full contact details of Aaspa Equipment 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
Brands
Aaspa Equipment operates one associated brand: Aaspa Equipment. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturing and exporting of road construction equipment in India. | aaspaequipment.com |
Business activity
The main business activity of Aaspa Equipment is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment |
To see the full business activity and turnover split of Aaspa Equipment Private Limited, buy the company report.
Financials of Aaspa Equipment Private Limited
FY 2024 filings availableAaspa Equipment Private Limited reported revenue of ₹2.87 Cr (up 25% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 33% over five years, including 25% growth in the latest year. EBITDA rose 223% 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 | ₹3.69 Lakh | ||||
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| Net Profit (PAT) | ₹2.06 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 1.3% | ||||
| Net Profit Margin | 0.7% | ||||
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To see the full financial statements and ratios of Aaspa Equipment Private Limited, buy the company report.
Board of directors of Aaspa Equipment Private Limited
Aaspa Equipment has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Bhavikkumar Patel Ishvarbhai | Director | 20 Mar 2018 | 8 Years 7 Months | Current |
| Vandanaben Jayantibhai Patel | Director | 20 Mar 2018 | 8 Years 7 Months | Current |
Peer comparison
Aaspa Equipment Private Limited is compared with the 4 companies closest to it by revenue in the Power industry (Power Equipment Manufacturers), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Kamla Transformers Private Limited | ₹2.88 Cr (FY 2025) | -11.0% | Uttar Pradesh, India | |||
| Deccan Electro Works Private Limited | ₹2.88 Cr (FY 2024) | -25.0% | Kolhapur, Maharashtra, India | |||
| Aaspa Equipment Private Limitedthis company | ₹2.87 Cr (FY 2025) | ₹2.06 Lakh | 0.7% | 25.0% | Ahmedabad, Gujarat, India | |
| Amptech Electric India Pvt Ltd | ₹2.87 Cr (FY 2025) | 21.0% | New Delhi, Delhi, India | |||
| Antrieb Technik Private Limited | ₹2.84 Cr (FY 2025) | 62.0% | Tamil Nadu, India |
To see the full peer comparison of Aaspa Equipment Private Limited, buy the company report.
Auditor
Aaspa Equipment Private Limited is audited by MALVIYA RUPAPARA & COMPANY for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MALVIYA RUPAPARA & COMPANY | FY 2023 | 133526W |
Shareholding
The shareholding of Aaspa Equipment 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 Aaspa Equipment Private Limited, buy the company report.
Legal cases
Aaspa Equipment Private Limited has 1 court case on record: 1 filed against it. All case is pending.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 1 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Thane, Maharashtra | Court case (Other Misc.Cri.Appln) | Filed against the company by an individual | Pending |
To see the full case history of Aaspa Equipment 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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Aaspa Equipment Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Aaspa Equipment has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAQCA6724L1ZA | Gujarat | Active | 27 Jan 2019 |
To see the full GST registrations and return filing status of Aaspa Equipment Private Limited, buy the company report.
Recent activity
Aaspa Equipment Private Limited has 2 board changes on record since 2018: 2 appointments. The latest: Bhavikkumar Patel Ishvarbhai was appointed as Director on 20 Mar 2018.
Frequently asked questions
Aaspa Equipment is an active private limited company based in Ahmedabad, Gujarat, India. The company works in power equipment manufacturers, within the energy and power industry. It was incorporated on 20 March 2018 (8+ years old) and is registered under CIN U29309GJ2018PTC101388.
Aaspa Equipment has 2 current directors:
- Bhavikkumar Patel Ishvarbhai - Director
- Vandanaben Jayantibhai Patel - Director
The latest financial statements of Aaspa Equipment 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 FY 2018 are in the company report.
The GSTIN of Aaspa Equipment is 24AAQCA6724L1ZA, registered in Gujarat.
The CIN (Corporate Identification Number) of Aaspa Equipment is U29309GJ2018PTC101388. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Aaspa Equipment has 1 court case on record: 1 filed against it. 1 is pending.
Aaspa Equipment was incorporated on 20 March 2018, making it 8+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Aaspa Equipment by revenue are Kamla Transformers Private Limited, Deccan Electro Works Private Limited, Amptech Electric India Pvt Ltd, Antrieb Technik Private Limited, all in the Power industry (Power Equipment Manufacturers), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment).
Bhavikkumar Patel Ishvarbhai was appointed as Director on 20 Mar 2018. Vandanaben Jayantibhai Patel was appointed as Director on 20 Mar 2018.
Yes, Aaspa Equipment is registered as a micro enterprise under Udyam registration (number: UDYAM-GJ-01-0092422).
Aaspa Equipment can be reached through the website aaspaequipment.com. Its registered office is in Ahmedabad, Gujarat, India.