About Ag Aircon Private Limited
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Ag Aircon Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the forex services segment of the financial services sector. It was incorporated on 31 December 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U45302MH2008PTC189250. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Imran Alimkhan Gavankar and Ashraf Gavankar.
Its last annual general meeting (AGM) was held on 29 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office is at Unit No.7 Siddiqui Compound Pathanwadi Malad (East), Mumbai, Maharashtra, India – 400097.
As per the financials filed for FY 2018, the company reported a revenue of ₹6.83 Lakh, a decline of 93% compared to the previous year. For the same year it recorded a net loss of ₹14.58 Lakh (net margin -213.5%) and EBITDA of -₹13.15 Lakh (EBITDA margin -192.5%). Revenue has declined at a compounded annual rate (CAGR) of 70% over three years.
The current compliance status is marked as active non-compliant by the Registrar of Companies. For more details, the company can be reached via its website aggroupasia.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressUnit No.7 Siddiqui Compound Pathanwadi Malad (East), Mumbai, Maharashtra, India – 400097
- IndustryFinancial Services, Forex Services
- 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
Business Activity of Ag Aircon Private Limited
The business activities of Ag Aircon are registered with the MCA. The activity codes are listed below.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| Locked | Locked | D3 | Locked | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Ag Aircon Private Limited FY 2018 filings available
Ag Aircon Private Limited reported revenue of ₹6.83 Lakh (down 93% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR) of Ag Aircon Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 70% over three years, including a 93% fall in the latest year. EBITDA rose 44% 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 Ag Aircon Private Limited
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• |
| Total Revenue | ₹6.83 Lakh | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• |
| EBITDA | -₹13.15 Lakh | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹14.58 Lakh | •••• | •••• | •••• |
| 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 of Ag Aircon Private Limited
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | -192.5% | •••• | •••• | •••• |
| Net Profit Margin | -213.5% | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Ag Aircon are in the company report.
Financial statements from 2015
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.
Board of Directors of Ag Aircon Private Limited
Ag Aircon has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Imran Alimkhan Gavankar | Director | 08 Apr 2016 | 10 Years 6 Months | Current |
| Ashraf Gavankar | Director | 31 Dec 2008 | 17 Years 9 Months | Current |
Peer Comparison of Ag Aircon Private Limited
Ag Aircon Private Limited is compared with the companies closest to it by revenue in the BFSI industry (Maintenance Services, Money Exchange Services). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Apex Maintenance Services Private Limited | ₹6.93 Lakh (FY 2025) | •••• | •••• | -65.0% | •••• | Meerut, Uttar Pradesh, India |
| Fly X Forex and Travels Private Limited | ₹6.89 Lakh (FY 2025) | •••• | •••• | -65.0% | •••• | Kozhikode, Kerala, India |
| R S Bhartya Steel Pvt Ltd | ₹6.87 Lakh (FY 2025) | •••• | •••• | 2.0% | •••• | Bihar, India |
| Sungreens Maintenance Services Private Limited | ₹6.85 Lakh (FY 2021) | •••• | •••• | -95.0% | •••• | Kolkata, West Bengal, India |
| Shree Sakshat Money Lenders & Exchange Private Limited | ₹6.84 Lakh (FY 2025) | •••• | •••• | -36.0% | •••• | Thane, Maharashtra, India |
| Ag Aircon Private Limited this company | ₹6.83 Lakh (FY 2018) | •••• | •••• | -93.0% | •••• | Mumbai, Maharashtra, India |
| Angel Point Technologies Private Limited | ₹6.8 Lakh (FY 2024) | •••• | •••• | 54.0% | •••• | Surat, Gujarat, India |
| Ipc Industrial Services Private Limited | ₹6.8 Lakh (FY 2022) | •••• | •••• | -53.0% | •••• | Bangalore, Karnataka, India |
| Geetu Forex Private Limited | ₹6.78 Lakh (FY 2024) | •••• | •••• | 50.0% | •••• | Punjab, India |
| Mechanizer India Private Limited | ₹6.71 Lakh (FY 2019) | •••• | •••• | •••• | Ahmedabad, Gujarat, India | |
| Siddhartha Infra Builders Private Limited | ₹6.71 Lakh (FY 2025) | •••• | •••• | -37.0% | •••• | Gurgaon, Haryana, India |
Peers are the five companies nearest above and the five nearest below Ag Aircon by revenue in the BFSI industry (Maintenance Services, Money Exchange Services), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Ag Aircon Private Limited
Ag Aircon Private Limited is audited by SALIM JAMIL KHAN & CO for the financial year 2018.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| SALIM JAMIL KHAN & CO | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Ag Aircon Private Limited
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 Ag Aircon Private Limited
Ag Aircon Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Ag Aircon Private Limited
Ag Aircon Private Limited has a workforce of 0 employees as of Apr 03, 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.
Recent Activity on Ag Aircon Private Limited
Ag Aircon Private Limited has 3 board changes on record since 2008: 2 appointments and 1 cessation. The latest: Imran Alimkhan Gavankar was appointed as Director on 08 Apr 2016.
Credit Ratings, Litigation & Regulatory Alerts for Ag Aircon Private Limited
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 Ag Aircon Private Limited
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 Ag Aircon Private Limited
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.
GST Compliance of Ag Aircon Private Limited
Ag Aircon has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
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.
MCA Filings & Documents of Ag Aircon Private Limited
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.
Frequently Asked Questions about Ag Aircon Private Limited
Ag Aircon is an active private limited company based in Mumbai, Maharashtra, India. The company works in forex services, within the financial services industry. It was incorporated on 31 December 2008 (18+ years old) and is registered under CIN U45302MH2008PTC189250.
Ag Aircon reported revenue of ₹6.83 Lakh for FY 2018 (down 93% YoY).
Ag Aircon has 2 current directors:
- Imran Alimkhan Gavankar - Director
- Ashraf Gavankar - Director
Ag Aircon reported a net loss of ₹14.58 Lakh (net margin -213.5%) and EBITDA of -₹13.15 Lakh (EBITDA margin -192.5%) for FY 2018, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Ag Aircon is -70% over three years. In the latest year (FY 2018) revenue fell 93%. CAGR is the steady yearly rate that links the first and the last year.
No. Ag Aircon has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Ag Aircon is U45302MH2008PTC189250. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ag Aircon was incorporated on 31 December 2008, making it 18+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Ag Aircon by revenue are Apex Maintenance Services Private Limited, Fly X Forex and Travels Private Limited, R S Bhartya Steel Pvt Ltd, Sungreens Maintenance Services Private Limited, Shree Sakshat Money Lenders & Exchange Private Limited and 5 more, all in the BFSI industry (Maintenance Services, Money Exchange Services).
Imran Alimkhan Gavankar was appointed as Director on 08 Apr 2016. Liyakat Alim Gavankar ceased to be Director on 08 Apr 2016. Ashraf Gavankar was appointed as Director on 31 Dec 2008.
Ag Aircon can be reached through the website aggroupasia.com. Its registered office is in Mumbai, Maharashtra, India.