Aero Associates Private Limited
About Aero Associates Private Limited
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Aero Associates Private Limited is a private limited company based in Delhi, India. It operates in the footwear manufacturing segment of the consumer goods sector. It was incorporated on 01 January 1987 and has been in existence for over 39 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U19113DL1987PTC026560.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1.5 Lakh. It is led by directors including Gobind Preet Bindra and Gagandeep Singh.
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 2168 Gurdwara Road Karol Bagh New Delhi, Delhi, India.
As per the financials filed for FY 2024, the company reported a revenue of ₹10.62 Lakh, a decline of 72% compared to the previous year. For the same year it recorded a net profit of ₹9.14 Lakh (net margin 86.1%) and EBITDA of ₹9.22 Lakh (EBITDA margin 86.9%). Revenue has declined at a compounded annual rate (CAGR) of 907% over three years and 49% over five years.
As per MCA filings, the company has open charges of ₹635.89 Cr and satisfied charges of ₹595.34 Cr on record. Court records list 3 cases involving the company, including 3 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Aero Associates Private Limited's registered office is in Delhi. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address2168 Gurdwara Road Karol Bagh New Delhi, Delhi, India
- IndustryConsumer Goods, Footwear Manufacturing
To see the full contact details of Aero Associates 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 Aero Associates Private Limited
FY 2024 filings availableAero Associates Private Limited reported revenue of ₹10.62 Lakh (down 72% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 49% over five years, including a 72% fall in the latest year. EBITDA fell 76% 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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| Total Expenses | |||||
| EBITDA | ₹9.22 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹9.14 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 86.9% | ||||
| Net Profit Margin | 86.1% | ||||
| 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 Aero Associates Private Limited, buy the company report.
Board of directors of Aero Associates Private Limited
Aero Associates has 3 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Gobind Preet Bindra Also directs: Aero Traders Private Limited, Indo Apparels Private Limited, Bora Knitwear Private Ltd and 3 more | Director | 29 Jun 2018 | 8 Years 4 Months | Current |
| Gagandeep Singh Also directs: Aero Traders Private Limited, Indo Apparels Private Limited, Bora Knitwear Private Ltd and 5 more | Director | 15 Jul 2024 | 2 Years 3 Months | Current |
| Rishamdeep Bindra Also directs: Aero Traders Private Limited, Regal Estates Private Limited | Director | 29 Jun 2018 | 8 Years 4 Months | Current |
Peer comparison
Aero Associates Private Limited is compared with the 10 companies closest to it by revenue in the Consumer Products industry (Footwear Manufacturers, Leather), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Unicorn Leather India Private Limited | ₹10.97 Lakh (FY 2020) | -90.0% | Kanpur, Uttar Pradesh, India | |||
| Freedom Shoe Private Limited | ₹10.97 Lakh (FY 2025) | 108.0% | Agra, Uttar Pradesh, India | |||
| Mahan Plastics Private Limited | ₹10.95 Lakh (FY 2025) | -74.0% | New Delhi, Delhi, India | |||
| Duke Rubber and Footcare Industries Pvtltd | ₹10.83 Lakh (FY 2025) | 7.0% | Haryana, India | |||
| Swatimodo Creations Private Limited | ₹10.78 Lakh (FY 2023) | 611.0% | New Delhi, Delhi, India | |||
| Aero Associates Private Limitedthis company | ₹10.62 Lakh (FY 2024) | ₹9.14 Lakh | 86.1% | -72.0% | Delhi, India | |
| Anurag Footcare Private Limited | ₹10.05 Lakh (FY 2024) | -56.0% | New Delhi, Delhi, India | |||
| Tqavisriyo Leather Private Limited | ₹10.04 Lakh (FY 2017) | Bangalore, Karnataka, India | ||||
| Sukhia Agencies Private Limited | ₹9.82 Lakh (FY 2024) | -56.0% | Chennai, Tamil Nadu, India | |||
| Evaco Foot Care Private Limited | ₹9.79 Lakh (FY 2025) | 72.0% | Malappuram, Kerala, India | |||
| Trak Leather Private Limited | ₹9.7 Lakh (FY 2018) | 54.0% | New Delhi, Delhi, India |
To see the full peer comparison of Aero Associates Private Limited, buy the company report.
Auditor
Aero Associates Private Limited is audited by SANJEEV SAXENA & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SANJEEV SAXENA & CO. | FY 2023 | 083245 |
Shareholding
The shareholding of Aero Associates 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 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Aero Associates Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 26 Jun 2025 | 101126931 | Others | ₹155 Cr | Open | |
| 29 Feb 2024 | 100891626 | Others | ₹21.05 Cr | Open | |
| 23 Nov 2013 | 10471656 | Others | ₹459.84 Cr | Open | |
| 24 Apr 2020 | 100336674 | Others | ₹28.1 Cr | Satisfied | |
| 16 Oct 2019 | 100303031 | Others | ₹7 Cr | Satisfied |
To see the full charge records of Aero Associates Private Limited, buy the company report.
Total charge records: 15 View all charges
Legal cases
Aero Associates Private Limited has 3 court cases on record: 3 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 3 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Sirsa, Haryana | Court case (RP) | Filed against the company by M/S Shree Jagdambe Paper Mills Ltd. and 1 other | Disposed |
| District court, Central, Delhi | Civil suit | Filed against the company | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (SS Cases) | Filed against the company by an individual | Disposed |
To see the full case history of Aero Associates 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 Aero Associates Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Aero Associates Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Aero Associates Private Limited has 8 board changes on record since 2018: 3 appointments and 5 cessations. The latest: Gagandeep Singh ceased to be Additional Director on 29 Sep 2024.
29 earlier events are in the company report.
Frequently asked questions
Aero Associates is an active private limited company based in Delhi, India. The company works in footwear manufacturing, within the consumer goods industry. It was incorporated on 01 January 1987 (39+ years old) and is registered under CIN U19113DL1987PTC026560.
Aero Associates has 3 current directors:
- Gobind Preet Bindra - Director
- Gagandeep Singh - Director
- Rishamdeep Bindra - Director
The latest financial statements of Aero Associates 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 CIN (Corporate Identification Number) of Aero Associates is U19113DL1987PTC026560. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Aero Associates has 3 court cases on record: 3 filed against it.
Aero Associates was incorporated on 01 January 1987, making it 39+ years old. It is registered with the Registrar of Companies, Delhi.
The peers of Aero Associates by revenue are Unicorn Leather India Private Limited, Freedom Shoe Private Limited, Mahan Plastics Private Limited, Duke Rubber and Footcare Industries Pvtltd, Swatimodo Creations Private Limited and 5 more, all in the Consumer Products industry (Footwear Manufacturers, Leather).
Gagandeep Singh ceased to be Additional Director on 29 Sep 2024. Gagandeep Singh was appointed as Director on 15 Jul 2024. Gobind Preet Bindra ceased to be Additional Director on 29 Sep 2018. Aero Associates has 8 board changes on record in total.
The registered office of Aero Associates is at 2168 Gurdwara Road Karol Bagh New Delhi, Delhi, India.
Aero Associates operates in the consumer goods industry, in the footwear manufacturing segment.
Aero Associates has open charges of ₹635.89 Cr and satisfied charges of ₹595.34 Cr as per latest MCA filings.
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