Aastha Tools Private Limited
About Aastha Tools Private Limited
Data last updated:
Aastha Tools Private Limited was a private limited company based in Ahmedabad, Gujarat, India, operated as a subsidiary of Harsha Engineers Limited. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the process machinery and industrial equipment segment of the machinery and industrial equipment sector. It was incorporated on 05 August 2002.
The company was registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U29199GJ2002PTC041072. Its GSTIN is 24AAECA5557D1ZY (Gujarat).
The company had an authorised share capital of ₹20 Lakh and a paid-up capital of ₹20 Lakh. It was led by directors including Hetal Brijesh Ukani and Pilak Rajendra Shah.
Its last annual general meeting (AGM) was held on 10 September 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office was at 388 – A Changodar Industrial Estate Sarkhej – Bavla Highway Changodar, Ahmedabad, Gujarat, India – 382213.
As per the financials filed for FY 2020, the company reported a revenue of ₹20.65 Cr, a growth of 15% compared to the previous year. For the same year it recorded a net profit of ₹2.99 Cr (net margin 14.5%) and EBITDA of ₹5.45 Cr (EBITDA margin 26.4%). Revenue has grown at a compounded annual rate (CAGR) of 25% over three years and 15% over five years.
The company had about 61 employees on its provident fund (EPFO) records before it was dissolved.
The company was associated with 1 brand: Harsha Engineers. As per MCA filings, the company had satisfied charges of ₹3.7 Cr on record. Court records list 1 case involving the company, including 1 filed by the company; 1 case is pending.
Company details
Contact details
Aastha Tools Private Limited's registered office is in Ahmedabad, Gujarat. Its e-mail address is in the company report.
- Email
- Registered Address388 – A Changodar Industrial Estate Sarkhej – Bavla Highway Changodar, Ahmedabad, Gujarat, India – 382213
- IndustryMachinery and Equipment, Process Machinery & Industrial Equipment, Industrial Tools & Components
To see the full contact details of Aastha Tools 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
Aastha Tools operates one associated brand: Harsha Engineers. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Six West End theatres are owned and operated for productions. | harshaengineers.com |
Business activity
The main business activity of Aastha Tools is manufacturing. In detail, this covers metal and metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products |
To see the full business activity and turnover split of Aastha Tools Private Limited, buy the company report.
Financials of Aastha Tools Private Limited
FY 2020 filings availableAastha Tools Private Limited reported revenue of ₹20.65 Cr (up 15% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 15% over five years, including 15% growth in the latest year. EBITDA rose 28% 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹20.65 Cr | ||||
| Cost of Materials Consumed | |||||
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| Total Expenses | |||||
| EBITDA | ₹5.45 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹2.99 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 26.4% | ||||
| Net Profit Margin | 14.5% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Receivable Days | |||||
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To see the full financial statements and ratios of Aastha Tools Private Limited, buy the company report.
Board of directors of Aastha Tools Private Limited
Aastha Tools has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Hetal Brijesh Ukani | Director | 02 Dec 2019 | 6 Years 10 Months | As last reported |
| Pilak Rajendra Shah | Director | 05 Aug 2002 | 24 Years 2 Months | As last reported |
| Vishal Harish Rangwala Also directs: Harsha Engineers International Limited, Harsha Engineers Advantek Limited, Advantterra Capital Management LLP and 3 more | Director | 19 Jun 2017 | 9 Years 4 Months | As last reported |
Auditor
Aastha Tools Private Limited is audited by C P SHAH & CO for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| C P SHAH & CO | FY 2020 | 109526W |
Shareholding
The shareholding of Aastha Tools Private Limited is on record for 4 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Aastha Tools Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 11 Dec 2015 | 10610549 | Hdfc Bank Limited | ₹2.75 Cr | Satisfied | |
| 22 May 2006 | 10004758 | State Bank of India | ₹95 Lakh | Satisfied |
To see the full charge records of Aastha Tools Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
Aastha Tools Private Limited has 1 court case on record: 1 filed by Aastha Tools. All case is pending.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| NCLT | 1 | 0 | 1 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLT, Ahmedabad | Court case (C.P.(CAA)) | Filed by the company against an individual | Pending |
To see the full case history of Aastha Tools 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 Aastha Tools Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Aastha Tools Private Limited has a workforce of 61 employees on its EPFO records as of Mar 27, 2024, across 1 active EPFO establishment.
GST
Aastha Tools has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAECA5557D1ZY | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Aastha Tools Private Limited, buy the company report.
Recent activity
Aastha Tools Private Limited has 7 board changes on record since 2002: 3 appointments and 4 cessations. The latest: Hetal Brijesh Ukani ceased to be Additional Director on 10 Sep 2020.
2 earlier events are in the company report.
Frequently asked questions
Aastha Tools has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Aastha Tools was a private limited company based in Ahmedabad, Gujarat, India. The company worked in process machinery and industrial equipment, within the machinery and equipment industry. It was incorporated on 05 August 2002 and is registered under CIN U29199GJ2002PTC041072. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Aastha Tools was incorporated on 05 August 2002. It is registered with the Registrar of Companies, Ahmedabad.
Aastha Tools had 3 directors:
- Hetal Brijesh Ukani - Director
- Pilak Rajendra Shah - Director
- Vishal Harish Rangwala - Director
The CIN (Corporate Identification Number) of Aastha Tools is U29199GJ2002PTC041072. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Aastha Tools is at 388 – A Changodar Industrial Estate Sarkhej – Bavla Highway Changodar, Ahmedabad, Gujarat, India – 382213.
The latest financial statements of Aastha Tools on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 10 September 2020. Year-wise statements from 2015 are in the company report.
The GSTIN of Aastha Tools is 24AAECA5557D1ZY, registered in Gujarat.
Aastha Tools operated in the machinery and equipment industry, in the process machinery and industrial equipment segment.
Aastha Tools has 1 court case on record: 1 filed by the company. 1 is pending.