About Aerens Goldsouk International Limited
Data last updated:
Aerens Goldsouk International Limited is a public limited company based in New Delhi, Delhi, 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 real estate development and construction segment of the real estate and construction sector. It was incorporated on 11 March 2003.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U51398DL2003PLC168828. The company has 5 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹30 Cr and a paid-up capital of ₹29.73 Cr. It is led by directors including Amit Gupta (Managing Director) and Satyawan.
Its last annual general meeting (AGM) was held on 30 September 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office is at Plot No. 1 Local Shoping Centre Sharda Niketan Pitampura, New Delhi, Delhi, India – 110034.
As per the financials filed for FY 2017, the company reported a revenue of ₹126.95 Cr, a growth of 42% compared to the previous year. For the same year it recorded a net profit of ₹1.12 Cr (net margin 0.9%) and EBITDA of ₹2.07 Cr (EBITDA margin 1.6%).
The company has about 2 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹206.22 Cr and satisfied charges of ₹648.35 Cr on record. Court records list 33 cases involving the company, including 20 filed by the company and 13 filed against it; 2 cases are pending.
The last known website on record is agsgroup.in.
Company details
CIN history
Aerens Goldsouk International has one previous CIN (Corporate Identification Number): U51398MH2003PLC152432. The current CIN is U51398DL2003PLC168828, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U51398DL2003PLC168828 | Current |
| U51398MH2003PLC152432 | Previous |
Contact details
Aerens Goldsouk International Limited's registered office is in New Delhi, Delhi. Its website is agsgroup.in. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressPlot No. 1 Local Shoping Centre Sharda Niketan Pitampura, New Delhi, Delhi, India – 110034
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Aerens Goldsouk International 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 Aerens Goldsouk International Limited
FY 2017 filings availableAerens Goldsouk International Limited reported revenue of ₹126.95 Cr (up 42% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue rose 42% in the latest year. EBITDA fell 42% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | |||
| Other Income | |||
| Total Revenue | ₹126.95 Cr | ||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | ₹2.07 Cr | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | ₹1.12 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 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 1.6% | ||
| Net Profit Margin | 0.9% | ||
| 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 Aerens Goldsouk International Limited, buy the company report.
Board of directors of Aerens Goldsouk International Limited
Aerens Goldsouk International has 4 current directors and 17 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Satyawan Also directs: Gracious Constructions India Private Limited, Aeren R Business City Private Limited, Maverick Builders Private Limited and 5 more | Director | 29 Mar 2016 | 10 Years 7 Months | As last reported |
| Ashok Kumar Also directs: Prakriti Green (India) Private Limited, Metroline Powers Private Limited, Sage Buildwell Private Limited and 5 more | Director | 20 Mar 2018 | 8 Years 7 Months | As last reported |
| Madan Singh | Director | 14 May 2014 | 12 Years 6 Months | As last reported |
| Amit Gupta | Managing Director | 11 Mar 2003 | 23 Years 8 Months | As last reported |
Auditor
Aerens Goldsouk International Limited is audited by K.K. GOEL & ASSOCIATES for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| K.K. GOEL & ASSOCIATES | FY 2017 | 005299N |
Shareholding
The shareholding of Aerens Goldsouk International Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Aerens Goldsouk International Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 17 Jan 2018 | 100148717 | Others | ₹24.84 Cr | Open | |
| 23 Dec 2016 | 100087529 | Lakshmi Vilas Bank Limited | ₹21 Cr | Open | |
| 31 May 2016 | 100039458 | Others | ₹16.21 Cr | Open | |
| 29 Dec 2015 | 10626022 | Indian Overseas Bank | ₹20 Cr | Open | |
| 29 Sep 2015 | 10598210 | Punjab National Bank | ₹2.5 Cr | Open |
To see the full charge records of Aerens Goldsouk International Limited, buy the company report.
Total charge records: 40 View all charges
Legal cases
Aerens Goldsouk International Limited has 33 court cases on record: 20 filed by Aerens Goldsouk International, 13 filed against it. 2 cases are pending and 31 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 21 | 3 | 1 |
| District courts | 11 | 10 | 1 |
| Supreme Court | 1 | 0 | 0 |
Cases on record (5 of 33)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, CHANDIGARH (UT) | Arbitration matter | Filed against the company by Era Infra Engineering Ltd | Disposed |
| District court, South, Delhi | Civil suit | Filed against the company by Matrix Cellular (International) Services Ltd. | Disposed |
| District court, New Delhi, Delhi | Interim or miscellaneous application | Filed against the company by an individual | Pending |
| High Court | Writ petition | Filed by the company against individuals | Pending |
| District court, Gurugram, Haryana | Execution petition | Filed against the company by an individual | Disposed |
To see the full case history of Aerens Goldsouk International 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 Aerens Goldsouk International Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Aerens Goldsouk International Limited has a workforce of 2 employees on its EPFO records as of Aug 2019, across 1 active EPFO establishment.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2019-20 | 2 |
| FY 2018-19 | |
| FY 2017-18 | |
| FY 2016-17 |
To see the full employee and EPFO history of Aerens Goldsouk International Limited, buy the company report.
GST
Aerens Goldsouk International has 5 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 Aerens Goldsouk International Limited, buy the company report.
Recent activity
Aerens Goldsouk International Limited has 17 board changes on record since 2003: 4 appointments and 13 cessations. The latest: Ashok Kumar ceased to be Additional Director on 29 Sep 2018.
86 earlier events are in the company report.
Frequently asked questions
Aerens Goldsouk International 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.
Aerens Goldsouk International is a company under liquidation, formerly operating as a public limited company based in New Delhi, Delhi, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 11 March 2003 and is registered under CIN U51398DL2003PLC168828. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Aerens Goldsouk International has 4 current directors:
- Amit Gupta - Managing Director
- Satyawan - Director
- Ashok Kumar - Director
- Madan Singh - Director
The latest financial statements of Aerens Goldsouk International on record with the MCA are for the year ended 31 March 2017. Its last annual general meeting was held on 30 September 2017. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Aerens Goldsouk International is U51398DL2003PLC168828. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Aerens Goldsouk International has open charges of ₹206.22 Cr and satisfied charges of ₹648.35 Cr as per latest MCA filings.
Aerens Goldsouk International has 33 court cases on record: 20 filed by the company and 13 filed against it. 2 are pending. Most are in the high courts.
Aerens Goldsouk International was incorporated on 11 March 2003. It is registered with the Registrar of Companies, Delhi.
Ashok Kumar ceased to be Additional Director on 29 Sep 2018. Niraj Kumar ceased to be Director on 21 Mar 2018. Ashok Kumar was appointed as Director on 20 Mar 2018. Aerens Goldsouk International has 17 board changes on record in total.
Aerens Goldsouk International can be reached through the website agsgroup.in. Its registered office is in New Delhi, Delhi, India.
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