About Aegan Industries Private Limited
Data last updated:
Aegan Industries Private Limited is a private limited company based in Bengaluru, Karnataka, India. The company is currently under liquidation, meaning its assets are being sold to settle outstanding debts. It may not have the legal capacity to fulfil new contracts. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 30 December 2008.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74900KA2008PTC048739. The company has 2 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹40 Cr and a paid-up capital of ₹39.8 Cr. It is led by directors Thyagarajan Arunkumar (Managing Director) and Arunkumar Bhadra Devi.
Its last annual general meeting (AGM) was held on 30 September 2015, and its latest financial statements are for the year ended 31 March 2015. The registered office is at Bengaluru, Karnataka.
As per the financials filed for FY 2015, the company reported a revenue of ₹143.03 Cr, a decline of 9% compared to the previous year. For the same year it recorded a net profit of ₹2.1 Cr (net margin 1.5%) and EBITDA of ₹15.21 Cr (EBITDA margin 10.6%). Revenue has grown at a compounded annual rate (CAGR) of 22% over three years.
As per MCA filings, the company has open charges of ₹187.76 Cr on record. Court records list 83 cases involving the company, including 57 filed by the company and 26 filed against it; 3 cases are pending.
The last known website on record is aegan.in.
Company details
CIN history
Aegan Industries has one previous CIN (Corporate Identification Number): U27209KA2008PTC048739. The current CIN is U74900KA2008PTC048739, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74900KA2008PTC048739 | Current |
| U27209KA2008PTC048739 | Previous |
Contact details
Aegan Industries Private Limited's registered office is in Bengaluru, Karnataka. Its website is aegan.in. Its e-mail address is in the company report.
- Email
- Website
- Registered Address48/2 2nd Floor 2nd Cross Albert Victor Road Chamarajp, Et, Bengaluru, Karnataka, India – 560018
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Aegan Industries 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
Financials of Aegan Industries Private Limited
FY 2015 filings availableAegan Industries Private Limited reported revenue of ₹143.03 Cr (down 9% YoY) for FY 2015.
Compounded Annual Growth Rate (CAGR)
Revenue fell 9% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 22%. EBITDA fell 25% 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 2014-15 |
|---|---|
| Profit and Loss Statement | |
| Revenue from Operations | |
| Other Income | |
| Total Revenue | ₹143.03 Cr |
| Cost of Materials Consumed | |
| Employee Benefit Expense | |
| Finance Costs | |
| Depreciation and Amortisation | |
| Other Expenses | |
| Total Expenses | |
| EBITDA | ₹15.21 Cr |
| Profit Before Tax | |
| Tax Expense | |
| Net Profit (PAT) | ₹2.1 Cr |
| 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
| Metrics | FY 2014-15 |
|---|---|
| Profitability | |
| EBITDA Margin | 10.6% |
| Net Profit Margin | 1.5% |
| 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 Aegan Industries Private Limited, buy the company report.
Board of directors of Aegan Industries Private Limited
Aegan Industries has 2 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Thyagarajan Arunkumar Also directs: Leadage Metals Limited, Aegan Hotels Private Limited | Managing Director | 30 Dec 2008 | 17 Years 9 Months | As last reported |
| Arunkumar Bhadra Devi Also directs: Leadage Metals Limited, Aegan Hotels Private Limited | Additional Director | 24 Jul 2009 | 17 Years 3 Months | As last reported |
Auditor
Aegan Industries Private Limited is audited by B V C & CO for the financial year 2015.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| B V C & CO | FY 2015 | 008154S |
Shareholding
The shareholding of Aegan Industries Private Limited is on record for FY 2015, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2015 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Aegan Industries Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 20 Mar 2015 | 10556060 | Others | ₹25 Cr | Open | |
| 19 Sep 2011 | 10311603 | State Bank of India | ₹69.26 Cr | Open | |
| 01 Mar 2010 | 10211918 | State Bank of India | ₹93.5 Cr | Open |
To see the full charge records of Aegan Industries Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
Aegan Industries Private Limited has 83 court cases on record: 57 filed by Aegan Industries, 26 filed against it. 3 cases are pending and 80 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 75 | 22 | 3 |
| High courts | 6 | 3 | 0 |
| Supreme Court | 1 | 1 | 0 |
| NCLT | 1 | 0 | 0 |
Cases on record (5 of 83)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Magma Fincorp Limited | Pending |
| Bombay High Court | Writ petition | Filed against the company by Tayal Cotton Pvt. Ltd. Through Its Authorized Signatory, Sunil S/O. Pausalai Tayal | Disposed |
| District court, RAJKOT, Gujarat | Court case (SMST S) | Filed against the company by Nandan Cotex Pvt Ltd | Disposed |
| District court, Aurangabad, Maharashtra | Civil suit | Filed against the company by Tayal Cotton Pvt. Ltd. | Disposed |
| District court, Tiruppur, Tamil Nadu | Execution petition | Filed against the company by an individual | Pending |
To see the full case history of Aegan Industries 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
Aegan Industries Private Limited was last rated by Indiarating on 06 Sep 2019.
| Rating agency | Rated on | Rating |
|---|---|---|
| Indiarating | 06 Sep 2019 |
To see the full credit ratings and regulatory alerts of Aegan Industries Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Aegan Industries Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Aegan Industries Private Limited has 1 active EPFO establishment as of Apr 05, 2024.
GST
Aegan Industries has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Aegan Industries Private Limited, buy the company report.
Recent activity
Aegan Industries Private Limited has 8 board changes on record since 2008: 2 appointments and 6 cessations. The latest: Rameshkumar ceased to be Director on 23 Mar 2016.
5 earlier events are in the company report.
Frequently asked questions
Aegan Industries is currently "Under Liquidation" as per MCA records. The company's assets are being sold to settle outstanding debts owed to creditors. A company under liquidation may not have the legal capacity to fulfil new contracts, and creditors are prioritised in the distribution of proceeds. This is a high-risk status - caution is strongly advised.
Aegan Industries is a company under liquidation, formerly operating as a private limited company based in Bengaluru, Karnataka, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 30 December 2008 and is registered under CIN U74900KA2008PTC048739. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Aegan Industries has 2 current directors:
- Thyagarajan Arunkumar - Managing Director
- Arunkumar Bhadra Devi - Additional Director
The latest financial statements of Aegan Industries on record with the MCA are for the year ended 31 March 2015. Its last annual general meeting was held on 30 September 2015. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Aegan Industries is U74900KA2008PTC048739. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Aegan Industries has open charges of ₹187.76 Cr and no satisfied charges on record as per latest MCA filings.
Aegan Industries has 83 court cases on record: 57 filed by the company and 26 filed against it. 3 are pending. Most are in the district courts.
Aegan Industries was incorporated on 30 December 2008. It is registered with the Registrar of Companies, Bangalore.
Rameshkumar ceased to be Director on 23 Mar 2016. Rajkumar Chitra ceased to be Additional Director on 26 Dec 2015. Thyagarajan Rajkumar ceased to be Director on 26 Dec 2015. Aegan Industries has 8 board changes on record in total.
Aegan Industries can be reached through the website aegan.in. Its registered office is in Bengaluru, Karnataka, India.