About Aec Offshore Trading Private Limited
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Aec Offshore Trading Private Limited is a private limited company based in Ramanagara, Karnataka, India. It operates in the handicrafts and artisan products manufacturing segment of the home and lifestyle products sector. It was incorporated on 05 May 2004 and has been in existence for over 22 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U05190KA2004PTC033869. Its GSTIN is 29AAECA7222K1ZJ (Karnataka).
The company has an authorised share capital of ₹20 Lakh and a paid-up capital of ₹15.03 Lakh. It is led by directors Harish Ramarao Closepet (Managing Director) and Rashmi Harish Closepet.
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 No. 213 Kanakapura Main Road Khata No. 117 98 Gabbadi Village Harohalli, Ramanagara, Karnataka, India – 562112.
As per the financials filed for FY 2024, the company reported a revenue of ₹27.17 Cr, a growth of 13% compared to the previous year. For the same year it recorded a net loss of ₹2.85 Cr (net margin -10.5%) and EBITDA of -₹1.89 Cr (EBITDA margin -7%). Revenue has declined at a compounded annual rate (CAGR) of 6% over three years and 2% over five years.
The company has about 591 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹2.37 Cr and satisfied charges of ₹4.68 Cr on record. Court records list 4 cases involving the company, including 2 filed by the company and 2 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website littlebirdiecrafts.com.
Company details
Contact details
Aec Offshore Trading Private Limited's registered office is in Ramanagara, Karnataka. Its website is littlebirdiecrafts.com. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressNo. 213 Kanakapura Main Road Khata No. 117 98 Gabbadi Village Harohalli, Ramanagara, Karnataka, India – 562112
- IndustryHome & Lifestyle, Handicrafts & Artisan Products Manufacturing
To see the full contact details of Aec Offshore Trading 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 Aec Offshore Trading is manufacturing. In detail, this covers wood and wood products, furniture, paper and paper products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C3 | Wood and wood products, furniture, paper and paper products |
To see the full business activity and turnover split of Aec Offshore Trading Private Limited, buy the company report.
Financials of Aec Offshore Trading Private Limited
FY 2024 filings availableAec Offshore Trading Private Limited reported revenue of ₹27.17 Cr (up 13% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue rose 13% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 2%. EBITDA fell 21% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | -₹1.89 Cr | ||||
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| Net Profit (PAT) | -₹2.85 Cr | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA Margin | -7% | ||||
| Net Profit Margin | -10.5% | ||||
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To see the full financial statements and ratios of Aec Offshore Trading Private Limited, buy the company report.
Board of directors of Aec Offshore Trading Private Limited
Aec Offshore Trading has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rashmi Harish Closepet Also directs: Itsy Bitsy Private Limited | Director | 05 May 2004 | 22 Years 5 Months | Current |
| Harish Ramarao Closepet Also directs: Itsy Bitsy Private Limited | Managing Director | 05 May 2004 | 22 Years 5 Months | Current |
Peer comparison
Aec Offshore Trading Private Limited is compared with the 3 companies closest to it by revenue in the Consumer Products industry (Handicrafts Manufacturers), with the same principal business activity (wood and wood products, furniture, paper and paper products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Aztec Shiva Handicrafts and Arts Private Limited | ₹29.35 Cr (FY 2025) | -27.0% | Jodhpur, Rajasthan, India | |||
| Aec Offshore Trading Private Limitedthis company | ₹27.17 Cr (FY 2024) | -₹2.85 Cr | -10.5% | 13.0% | 591 | Ramanagara, Karnataka, India |
| Gwambo Studios Private Limited | ₹25.38 Cr (FY 2024) | 41.0% | Kolkata, West Bengal, India | |||
| Dileep Potteries Private Limited | ₹24.28 Cr (FY 2025) | 4.0% | Bangalore, Karnataka, India |
To see the full peer comparison of Aec Offshore Trading Private Limited, buy the company report.
Auditor
Aec Offshore Trading Private Limited is audited by JAIRAM E S for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| JAIRAM E S | FY 2023 | 200533 |
Shareholding
The shareholding of Aec Offshore Trading 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 | |||||
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| Others |
To see the full shareholding pattern of Aec Offshore Trading Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 31 Jan 2022 | 100533894 | Others | ₹2.25 Cr | Open | |
| 18 Aug 2014 | 10529326 | Indusind Bank Limited | ₹8.49 Lakh | Open | |
| 02 Sep 2010 | 10247689 | State Bank of Mysore | ₹4 Lakh | Open | |
| 25 Oct 2019 | 100311821 | Axis Bank Limited | ₹38 Lakh | Satisfied | |
| 17 Sep 2017 | 100127843 | Others | ₹1.75 Cr | Satisfied |
To see the full charge records of Aec Offshore Trading Private Limited, buy the company report.
Total charge records: 7 View all charges
Legal cases
Aec Offshore Trading Private Limited has 4 court cases on record: 2 filed by Aec Offshore Trading, 2 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 2 | 0 |
| High courts | 1 | 0 | 0 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Revision petition | Filed by the company against Unknown | Disposed |
| District court, BENGALURU, Karnataka | Court case (Com.O.S.) | Filed against the company by M/S Sri Kanaka Enterprises | Disposed |
| District court, BENGALURU, Karnataka | Court case (ID) | Filed against the company by an individual | Disposed |
| High Court of Karnataka | Writ petition | Filed by the company against State of Karnataka | Disposed |
To see the full case history of Aec Offshore Trading 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 Aec Offshore Trading Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Aec Offshore Trading Private Limited has a workforce of 591 employees on its EPFO records as of Sep 24, 2025, across 1 active EPFO establishment.
GST
Aec Offshore Trading has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAECA7222K1ZJ | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Aec Offshore Trading Private Limited, buy the company report.
Recent activity
Aec Offshore Trading Private Limited has 2 board changes on record since 2004: 2 appointments. The latest: Harish Ramarao Closepet was appointed as Managing Director on 05 May 2004.
4 earlier events are in the company report.
Frequently asked questions
Aec Offshore Trading is an active private limited company based in Ramanagara, Karnataka, India. The company works in handicrafts and artisan products manufacturing, within the home and lifestyle industry. It was incorporated on 05 May 2004 (22+ years old) and is registered under CIN U05190KA2004PTC033869.
Aec Offshore Trading has 2 current directors:
- Harish Ramarao Closepet - Managing Director
- Rashmi Harish Closepet - Director
The latest financial statements of Aec Offshore Trading 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 Aec Offshore Trading is 29AAECA7222K1ZJ, registered in Karnataka.
The CIN (Corporate Identification Number) of Aec Offshore Trading is U05190KA2004PTC033869. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Aec Offshore Trading has 4 court cases on record: 2 filed by the company and 2 filed against it. Most are in the district courts.
Aec Offshore Trading was incorporated on 05 May 2004, making it 22+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Aec Offshore Trading by revenue are Aztec Shiva Handicrafts and Arts Private Limited, Gwambo Studios Private Limited, Dileep Potteries Private Limited, all in the Consumer Products industry (Handicrafts Manufacturers), with the same principal business activity (wood and wood products, furniture, paper and paper products).
Harish Ramarao Closepet was appointed as Managing Director on 05 May 2004. Rashmi Harish Closepet was appointed as Director on 05 May 2004.
Aec Offshore Trading can be reached through the website littlebirdiecrafts.com. Its registered office is in Ramanagara, Karnataka, India.
The registered office of Aec Offshore Trading is at No. 213 Kanakapura Main Road Khata No. 117 98 Gabbadi Village Harohalli, Ramanagara, Karnataka, India – 562112.