Aerolam Closures LLP
About Aerolam Closures LLP
Data last updated:
Aerolam Closures LLP was a limited liability partnership (LLP) based in Ahmedabad, Gujarat, India. The LLP has been converted into a company and no longer exists as an LLP. For the latest details, refer to the successor company. It operated in the bottle and cap manufacturing segment of the packaging sector. It was incorporated on 06 July 2017.
The LLP was registered with the Registrar of Companies (ROC), Ahmedabad, under LLPIN AAJ-9072. Its GSTIN is 24ABJFA2365A1ZZ (Gujarat).
The LLP had a total obligation of contribution of ₹15 Lakh. It was led by designated partners including Nilesh Prakash Sanghvi and Ketankumar Jaswantbhai Patel.
Its latest statement of accounts is for the year ended 31 March 2023. The registered office was at 706 Shilp Aperia Nr. Landmark Hotel Iscon Ambli Road Bodakdev, Ahmedabad, Gujarat, India – 380052.
As per the financials filed for FY 2023, the LLP reported a revenue of ₹23.66 Cr, a growth of 56% compared to the previous year. For the same year it recorded a net loss of ₹10.54 Cr (net margin -44.6%) and EBITDA of -₹6.82 Cr (EBITDA margin -28.8%). Revenue has grown at a compounded annual rate (CAGR) of 497% over three years.
The LLP has about 18 employees on its provident fund (EPFO) records.
As per MCA filings, the LLP has open charges of ₹72.31 Cr on record.
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- Registered Address706 Shilp Aperia Nr. Landmark Hotel Iscon Ambli Road Bodakdev, Ahmedabad, Gujarat, India – 380052
- IndustryPackaging, Bottle & Cap Manufacturing
- 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
- One PDF report, delivered after checkout
Designated Partners of Aerolam Closures LLP
Aerolam Closures has 9 current designated partners and 4 former designated partners. Current designated partners are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nilesh Prakash Sanghvi Also directs: Ratnaafin Management Services LLP, Aerolam Insulations Private Limited, Ratnaurja Private Limited and 5 more | Designated Partner | 01 Apr 2018 | 8 Years 6 Months | As last reported |
| Ketankumar Jaswantbhai Patel Also directs: Aerolam Insulations Private Limited, Shubhang Realtors LLP, Motera Enterprise LLP and 1 more | Partner | 03 Sep 2021 | 5 Years 1 Months | As last reported |
| Sharvil Alok Vaidya Also directs: Aerolam Insulations Private Limited | Designated Partner | 16 Jan 2019 | 7 Years 8 Months | As last reported |
| Kokilaben Navnitlal Patel | Partner | 03 Sep 2021 | 5 Years 1 Months | As last reported |
| Dhaval Patel Also directs: Excellon Infrastructure LLP, Ratnaafin Management Services LLP, Shyamtulsi Infra LLP and 5 more | Designated Partner | 06 Jul 2017 | 9 Years 3 Months | As last reported |
| Tejas Keshavlal Patel | Partner | 03 Sep 2021 | 5 Years 1 Months | As last reported |
Financials of Aerolam Closures LLP FY 2023 filings available
Aerolam Closures LLP reported revenue of ₹23.66 Cr (up 56% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR) of Aerolam Closures LLP
Revenue has grown at a compounded annual rate (CAGR) of 497% over three years, including 56% growth 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 of Aerolam Closures LLP
| Statement of Account and Solvency | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Income and Expenditure | |||||
| Turnover | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Income | •••• | •••• | •••• | •••• | •••• |
| Purchases and Direct Costs | •••• | •••• | •••• | •••• | •••• |
| Personnel Expenses | •••• | •••• | •••• | •••• | •••• |
| Administrative Expenses | •••• | •••• | •••• | •••• | •••• |
| Interest | •••• | •••• | •••• | •••• | •••• |
| Depreciation | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax | •••• | •••• | •••• | •••• | •••• |
| Profit After Tax | -₹10.54 Cr | •••• | •••• | •••• | •••• |
| Profit Transferred to Partners | •••• | •••• | •••• | •••• | •••• |
| Assets and Liabilities | |||||
| Partners' Contribution | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Secured Loans | •••• | •••• | •••• | •••• | •••• |
| Unsecured Loans | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Other Liabilities and Provisions | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
| Loans and Advances | •••• | •••• | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Aerolam Closures LLP
| Statement of Account and Solvency | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| Net Profit Margin | -44.6% | •••• | •••• | •••• | •••• |
| Return on Partners' Funds | •••• | •••• | •••• | •••• | •••• |
| Return on Assets | •••• | •••• | •••• | •••• | •••• |
| Liquidity and Debt | |||||
| Current Ratio | •••• | •••• | •••• | •••• | •••• |
| Debt to Partners' Funds | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
| Turnover Growth | •••• | •••• | •••• | •••• | •••• |
| Profit Growth | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form 8. The full year-wise statements and ratios of Aerolam Closures are in the company report.
Financial statements from FY 2018
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Aerolam Closures LLP
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Aerolam Closures LLP
| Date | Lender | Amount | Status |
|---|---|---|---|
| 24 Oct 2019 | Indusind Bank Ltd. | ₹72.31 Cr | Open |
Total charge records: 1 View all charges
Employees and EPFO Compliance at Aerolam Closures LLP
Aerolam Closures LLP has a workforce of 34 employees as of Apr 06, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
GST Compliance of Aerolam Closures LLP
Aerolam Closures has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24ABJFA2365A1ZZ | Gujarat | Active | 07 May 2018 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
Credit Ratings, Litigation & Regulatory Alerts for Aerolam Closures LLP
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Aerolam Closures LLP
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Aerolam Closures LLP
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Aerolam Closures LLP
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Recent Activity on Aerolam Closures LLP
Frequently Asked Questions about Aerolam Closures LLP
Aerolam Closures has been converted into a company - the business changed its legal structure from a Limited Liability Partnership to a company. The LLP no longer exists in its previous form. For the latest information, refer to the successor company registered with MCA.
Aerolam Closures was a limited liability partnership based in Ahmedabad, Gujarat, India. The LLP worked in bottle and cap manufacturing, within the packaging industry. It was incorporated on 06 July 2017 and is registered under LLPIN AAJ-9072. For the latest details, refer to the successor company.
The LLPIN (Limited Liability Partnership Identification Number) of Aerolam Closures is AAJ-9072. It is issued by the Ministry of Corporate Affairs and uniquely identifies the LLP in India.
Aerolam Closures had 9 designated partners:
- Nilesh Prakash Sanghvi - Designated Partner
- Ketankumar Jaswantbhai Patel - Partner
- Sharvil Alok Vaidya - Designated Partner
- Kokilaben Navnitlal Patel - Partner
- Dhaval Patel - Designated Partner
- Tejas Keshavlal Patel - Partner
- Brijesh Navnitlal Patel - Designated Partner
- Tapan Keshavlal Patel - Designated Partner
- Vaishali Dhaval Patel - Partner
Aerolam Closures was incorporated on 06 July 2017. It is registered with the Registrar of Companies, Ahmedabad.
The registered office of Aerolam Closures is at 706 Shilp Aperia Nr. Landmark Hotel Iscon Ambli Road Bodakdev, Ahmedabad, Gujarat, India – 380052.
Aerolam Closures reported revenue of ₹23.66 Cr for FY 2023 (up 56% YoY).
The total obligation of contribution is ₹15 Lakh.
Aerolam Closures reported a net loss of ₹10.54 Cr (net margin -44.6%) and EBITDA of -₹6.82 Cr (EBITDA margin -28.8%) for FY 2023, as per its filed financial statements.