About Aero Therm Systems Pvt Ltd
Data last updated:
Aero Therm Systems Pvt Ltd was a private limited company based in Ahmedabad, Gujarat, India. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the industrial machinery manufacturing segment of the machinery and industrial equipment sector. It was incorporated on 11 December 1989.
The company was registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U29119GJ1989PTC013103. The company has 2 GST registrations on record, none of which is active.
The company had an authorised share capital of ₹1 Cr and a paid-up capital of ₹18.06 Lakh. It was led by directors including Pradip Vrajlal Vadher (Managing Director) and Nirav Pradipbhai Vadher.
Its last annual general meeting (AGM) was held on 26 August 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office was at Plot No 1517 Phase Iiig I D C Estate Vatva, Ahmedabad, Gujarat, India – 382445.
As per the financials filed for FY 2019, the company reported a revenue of ₹7.81 Cr, a decline of 7% compared to the previous year. For the same year it recorded a net profit of ₹30.24 Lakh (net margin 3.9%) and EBITDA of ₹76.99 Lakh (EBITDA margin 9.9%). Revenue has grown at a compounded annual rate (CAGR) of 3% over three years.
The company had about 2 employees on its provident fund (EPFO) records before it was dissolved.
The company was associated with 1 brand: Aero Therm Systems. Court records list 1 case involving the company, including 1 filed by the company.
The last known website on record is aerothermsystems.com.
Company details
Contact details
Aero Therm Systems Pvt Ltd's registered office is in Ahmedabad, Gujarat. Its website is aerothermsystems.com. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressPlot No 1517 Phase Iiig I D C Estate Vatva, Ahmedabad, Gujarat, India – 382445
- IndustryMachinery and Equipment, Industrial Machinery Manufacturing
To see the full contact details of Aero Therm Systems Pvt Ltd, 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
Brands
Aero Therm Systems operates one associated brand: Aero Therm Systems. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| A professional Twenty20 cricket league is organized with franchise teams. | aerothermsystems.com |
Business activity
The main business activity of Aero Therm Systems is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment |
To see the full business activity and turnover split of Aero Therm Systems Pvt Ltd, buy the company report.
Financials of Aero Therm Systems Pvt Ltd
FY 2019 filings availableAero Therm Systems Pvt Ltd reported revenue of ₹7.81 Cr (down 7% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue fell 7% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 3%. EBITDA rose 19% 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 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
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| EBITDA | ₹76.99 Lakh | ||||
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| Net Profit (PAT) | ₹30.24 Lakh | ||||
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Financial Ratios
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
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| Profitability | |||||
| EBITDA Margin | 9.9% | ||||
| Net Profit Margin | 3.9% | ||||
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To see the full financial statements and ratios of Aero Therm Systems Pvt Ltd, buy the company report.
Board of directors of Aero Therm Systems Pvt Ltd
Aero Therm Systems has 7 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nirav Pradipbhai Vadher Also directs: Aeromatic Engineering Private Limited | Director | 16 Oct 2008 | 18 Years 0 Months | As last reported |
| Vijay Vrajlal Vadher | Director | 13 Mar 2008 | 18 Years 7 Months | As last reported |
| Upendra Vrajlal Vadher | Director | 22 Mar 1990 | 36 Years 7 Months | As last reported |
| Narendra Vrajlal Vadher Also directs: Aeromatic Engineering Private Limited | Director | 22 Mar 1990 | 36 Years 7 Months | As last reported |
| Manan Vijaybhai Vadher Also directs: Aeromatic Engineering Private Limited | Director | 24 Mar 2015 | 11 Years 7 Months | As last reported |
| Hitesh Narendrabhai Vadher Also directs: Aeromatic Engineering Private Limited | Director | 24 Mar 2015 | 11 Years 7 Months | As last reported |
Auditor
Aero Therm Systems Pvt Ltd is audited by J A BHATT & CO for the financial year 2016.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| J A BHATT & CO | FY 2016 | 101331W |
Shareholding
The shareholding of Aero Therm Systems Pvt Ltd 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 Aero Therm Systems Pvt Ltd, buy the company report.
Legal cases
Aero Therm Systems Pvt Ltd has 1 court case on record: 1 filed by Aero Therm Systems. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, GUJARAT | Special civil application | Filed by the company against Ahmedabad Electricity Company Limited and 1 other | Disposed |
To see the full case history of Aero Therm Systems Pvt Ltd, 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 Therm Systems Pvt Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Aero Therm Systems Pvt Ltd has a workforce of 2 employees on its EPFO records as of Apr 01, 2024, across 1 active EPFO establishment.
GST
Aero Therm Systems 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 Aero Therm Systems Pvt Ltd, buy the company report.
Recent activity
Aero Therm Systems Pvt Ltd has 10 board changes on record since 1990: 7 appointments and 3 cessations. The latest: Anuj Upendrabhai Vadher ceased to be Director on 31 Jul 2017.
1 earlier event is in the company report.
Frequently asked questions
Aero Therm Systems has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Aero Therm Systems was a private limited company based in Ahmedabad, Gujarat, India. The company worked in industrial machinery manufacturing, within the machinery and equipment industry. It was incorporated on 11 December 1989 and is registered under CIN U29119GJ1989PTC013103. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Aero Therm Systems was incorporated on 11 December 1989. It is registered with the Registrar of Companies, Ahmedabad.
Aero Therm Systems had 7 directors:
- Pradip Vrajlal Vadher - Managing Director
- Nirav Pradipbhai Vadher - Director
- Vijay Vrajlal Vadher - Director
- Upendra Vrajlal Vadher - Director
- Narendra Vrajlal Vadher - Director
- Manan Vijaybhai Vadher - Director
- Hitesh Narendrabhai Vadher - Director
The CIN (Corporate Identification Number) of Aero Therm Systems is U29119GJ1989PTC013103. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Aero Therm Systems is at Plot No 1517 Phase Iiig I D C Estate Vatva, Ahmedabad, Gujarat, India – 382445.
Aero Therm Systems can be reached through the website aerothermsystems.com. Its registered office is in Ahmedabad, Gujarat, India.
The latest financial statements of Aero Therm Systems on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 26 August 2019. Year-wise statements from 2015 are in the company report.
No. Aero Therm Systems has 2 GST registrations on record and all of them are cancelled or inactive.
Aero Therm Systems operated in the machinery and equipment industry, in the industrial machinery manufacturing segment.
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