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Aericon Power Private Limited - energy and power in Morbi, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹16.5 Cr
▼ 15% YoY
Net profit · FY 2025
₹14.52 Lakh
Net margin 0.9%
EBITDA · FY 2025
₹34.54 Lakh
EBITDA margin 2.1%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹2.1 Cr
Satisfied ₹1.5 Cr
Company age
9 yrs
Est. 2017
Employees · EPFO
737
Provident fund records
About Aericon Power Private Limited
Data last updated:
Aericon Power Private Limited is a private limited company based in Morbi, Gujarat, India, recognised as a startup by DPIIT. It operates in the power epc segment of the energy and power sector. It was incorporated on 26 July 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U40100GJ2017PTC098445. Its GSTIN is 24AAPCA8588H1Z2 (Gujarat).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Mira Ashish Jakasaniya and Prashant Jivrajbhai Viramgama.
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Shop No. 8 Second Floor Tulsi Shopping Center Kenal Road, Morbi, Gujarat, India – 363641.
As per the financials filed for FY 2025, the company reported a revenue of ₹16.5 Cr, a decline of 15% compared to the previous year. For the same year it recorded a net profit of ₹14.52 Lakh (net margin 0.9%) and EBITDA of ₹34.54 Lakh (EBITDA margin 2.1%). Revenue has grown at a compounded annual rate (CAGR) of 5% over three years and 19% over five years.
The company has about 737 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹2.1 Cr and satisfied charges of ₹1.5 Cr on record.
Aericon Power Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-32-0003768). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website aericonpower.com.
Company details
CIN U40100GJ2017PTC098445
Registration Number 098445
Incorporation Date 26 July 2017
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 29 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
DPIIT Recognition Recognised Startup
MSME Classification Small
Udyam Registration UDYAM-GJ-32-0003768
Key People
Mira Ashish Jakasaniya Director Prashant Jivrajbhai Viramgama Director Keyur Himmatbhai Nasit Director Recognitions & Rankings of Aericon Power
MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-GJ-32-0003768
Contact details
Aericon Power Private Limited's registered office is in Morbi, Gujarat. Its website is aericonpower.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressShop No. 8 Second Floor Tulsi Shopping Center Kenal Road, Morbi, Gujarat, India – 363641
- IndustryEnergy and Power, Power EPC, BoP & BTG Services
To see the full contact details of Aericon Power Private Limited, buy the company report.
Comprehensive company report
Aericon Power Private Limited - one report that includes everything
- 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
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Business activity
The main business activity of Aericon Power is professional, scientific and technical. In detail, this covers architecture, engineering activities, technical testing and analysis activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M4 | Architecture, engineering activities, technical testing and analysis activities |
To see the full business activity and turnover split of Aericon Power Private Limited, buy the company report.
Financials of Aericon Power Private Limited
FY 2025 filings availableAericon Power Private Limited reported revenue of ₹16.5 Cr (down 15% YoY) for FY 2025.
Revenue · FY 2025
₹16.5 Cr ▼ 15%
Net profit · FY 2025
₹14.52 Lakh margin 0.9%
EBITDA · FY 2025
₹34.54 Lakh margin 2.1%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 15%
3 years · compounded
▲ 5%
5 years · compounded
▲ 19%
EBITDA CAGR growth
1 year
▼ 22%
3 years · compounded
▲ 18%
5 years · compounded
▼ 2%
Revenue fell 15% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 19%. EBITDA fell 22% 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 | ₹34.54 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹14.52 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 2.1% | ||||
| Net Profit Margin | 0.9% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Aericon Power Private Limited, buy the company report.
Board of directors of Aericon Power Private Limited
Aericon Power has 6 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mira Ashish Jakasaniya | Director | 26 Jul 2017 | 9 Years 3 Months | Current |
| Prashant Jivrajbhai Viramgama | Director | 04 Dec 2017 | 8 Years 10 Months | Current |
| Keyur Himmatbhai Nasit Also directs: Teravolt Power Private Limited | Director | 01 Aug 2025 | 1 Years 2 Months | Current |
| Chaitanya Sitapara Also directs: Omningineers Power Private Limited, Ascent Epc Private Limited | Director | 01 Apr 2023 | 3 Years 6 Months | Current |
| Nirja Bharatbhai Chhabhaya Also directs: Omningineers Power Private Limited | Director | 01 Apr 2023 | 3 Years 6 Months | Current |
| Rohitkumar Sureshbhai Chikhaliya Also directs: Italus Vitrified LLP | Director | 26 Jul 2017 | 9 Years 3 Months | Current |
Auditor
Aericon Power Private Limited is audited by D S M K and Co LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| D S M K and Co LLP | FY 2023 | 128041W |
Shareholding
The shareholding of Aericon Power 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 Aericon Power Private Limited, buy the company report.
Charges & borrowings
Open charges
₹2.1 Cr
Satisfied charges
₹1.5 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 01 Aug 2023 | 100775488 | Hdfc Bank Limited | ₹2.1 Cr | Open | |
| 28 May 2022 | 100580486 | Others | ₹1.5 Cr | Satisfied |
To see the full charge records of Aericon Power Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
No court or tribunal cases involving Aericon Power Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Aericon Power Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Aericon Power Private Limited has a workforce of 737 employees on its EPFO records as of Mar 31, 2024, across 1 active EPFO establishment.
Employee count
737
Active EPFO establishments
1
Employee growth
48.89%
GST
Aericon Power has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAPCA8588H1Z2 | Gujarat | Active | 21 Aug 2017 |
To see the full GST registrations and return filing status of Aericon Power Private Limited, buy the company report.
Recent activity
Aericon Power Private Limited has 8 board changes on record since 2017: 6 appointments and 2 cessations. The latest: Keyur Himmatbhai Nasit was appointed as Director on 01 Aug 2025.
AGM
Aericon Power Private Limited last Annual general meeting of members was held on 29 Sep 2025 as per latest MCA records.
Appointed
Keyur Himmatbhai Nasit was appointed as Director.
Charges
A charge with Hdfc Bank Limited of Rs. 210.00 Lakh registered on 01 Aug 2023 with Charge ID 100775488 was modified on 25 Jul 2025.
Filing
Aericon Power Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 210.00 Lakh with Charge ID 100775488 was registered on 01 Aug 2023.
Charges
A charge registered on 28 May 2022 via Charge ID 100580486 with Others was fully satisfied on 21 Jun 2023.
Appointed
Chaitanya Sitapara was appointed as Director.
Appointed
Nirja Bharatbhai Chhabhaya was appointed as Director.
Charges
A charge with Others amounted to Rs. 150.00 Lakh with Charge ID 100580486 was registered on 28 May 2022.
Ceased
Alpaben Bharatbhai Chhabhaya ceased to be Director.
Ceased
Sonalben Kirtibhai Sitapara ceased to be Director.
Appointed
Prashant Jivrajbhai Viramgama was appointed as Director.
3 earlier events are in the company report.
Frequently asked questions
Aericon Power is an active private limited company based in Morbi, Gujarat, India. The company works in power epc, within the energy and power industry. It was incorporated on 26 July 2017 (9+ years old) and is registered under CIN U40100GJ2017PTC098445.
Aericon Power has 6 current directors:
- Mira Ashish Jakasaniya - Director
- Prashant Jivrajbhai Viramgama - Director
- Keyur Himmatbhai Nasit - Director
- Chaitanya Sitapara - Director
- Nirja Bharatbhai Chhabhaya - Director
- Rohitkumar Sureshbhai Chikhaliya - Director
The latest financial statements of Aericon Power on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 29 September 2025. Year-wise statements from FY 2018 are in the company report.
The GSTIN of Aericon Power is 24AAPCA8588H1Z2, registered in Gujarat.
The CIN (Corporate Identification Number) of Aericon Power is U40100GJ2017PTC098445. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Aericon Power was incorporated on 26 July 2017, making it 9+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Keyur Himmatbhai Nasit was appointed as Director on 01 Aug 2025. Chaitanya Sitapara was appointed as Director on 01 Apr 2023. Nirja Bharatbhai Chhabhaya was appointed as Director on 01 Apr 2023. Aericon Power has 8 board changes on record in total.
Yes, Aericon Power is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Aericon Power is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-32-0003768).
Aericon Power can be reached through the website aericonpower.com. Its registered office is in Morbi, Gujarat, India.