About Aggreko India Private Limited
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Aggreko India Private Limited is a foreign private limited company based in Pune, Maharashtra, India, a subsidiary of Aggreko Holdings Limited. It operates in the equipment leasing and financing segment of the financial services sector. It was incorporated on 22 August 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U01122PN2008FTC132669. Its GSTIN is 06AAHCA2440E1Z7 (Haryana). The company holds 7 GST registrations, of which 6 are active.
The company has an authorised share capital of ₹87 Cr and a paid-up capital of ₹49.5 Cr. It is led by directors including Rahul Khare (Managing Director) and Steven John Allison.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Pune, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹69.82 Cr, a decline of 5% compared to the previous year. For the same year it recorded a net loss of ₹8.19 Cr (net margin -11.7%) and EBITDA of ₹7.72 Cr (EBITDA margin 11.1%). Revenue has grown at a compounded annual rate (CAGR) of 1% over three years and 2% over five years.
The company has about 40 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹1 Lakh and satisfied charges of ₹1.1 Cr on record. Court records list 3 cases involving the company, including 1 filed by the company and 2 filed against it; 1 case is pending. The company has 4 deals on record (3 funding rounds, 1 rights issue), with disclosed funding of ₹74.9 Cr; the latest was in July 2021. Its 4 peer companies in the BFSI industry (Machinery and Equipment Leasing), with the same principal business activity (rental and leasing of motor vehicles, machinery, equipment, capital goods, etc. activities) are compared by revenue, 2 larger and 2 smaller; the largest is Bhamra Concrete Private Limited with revenue of ₹72.39 Cr. The company has 9 MSME Form 1 returns on record between 2018 and 2023, listing 573 overdue payments to 38 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website aggreko.in.
Company details
Contact details
Aggreko India Private Limited's registered office is in Pune, Maharashtra. Its website is aggreko.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressOffice No. 02 – 129 Wework Futura, 2nd Floor Futura Magarpatta Road Kirtane Baug Magarpatta, Pune, Maharashtra, India – 411013
- IndustryFinancial Services, Equipment Leasing & Financing
To see the full contact details of Aggreko India 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
Business activity
The main business activity of Aggreko India is support service to organizations. In detail, this covers rental and leasing of motor vehicles, machinery, equipment, capital goods, etc. activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| N | Support service to Organizations | N1 | Rental and leasing of motor vehicles, machinery, equipment, capital goods, etc. activities |
To see the full business activity and turnover split of Aggreko India Private Limited, buy the company report.
Financials of Aggreko India Private Limited
FY 2025 filings availableAggreko India Private Limited reported revenue of ₹69.82 Cr (down 5% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 5% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 2%. EBITDA fell 25% 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 | ₹7.72 Cr | ||||
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| Net Profit (PAT) | -₹8.19 Cr | ||||
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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 | 11.1% | ||||
| Net Profit Margin | -11.7% | ||||
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To see the full financial statements and ratios of Aggreko India Private Limited, buy the company report.
Board of directors of Aggreko India Private Limited
Aggreko India has 4 current directors and 20 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Steven John Allison | Director | 11 Mar 2019 | 7 Years 7 Months | Current |
| Shobhit Taneja | Director | 09 Sep 2019 | 7 Years 1 Months | Current |
| Nitin Vasantrao Hattigote Also directs: Aggreko India Manufacturing Private Limited | Director | 22 Apr 2019 | 7 Years 6 Months | Current |
| Rahul Khare Also directs: Aggreko India Manufacturing Private Limited | Managing Director | 26 Mar 2025 | 1 Years 7 Months | Current |
Peer comparison
Aggreko India Private Limited is compared with the 4 companies closest to it by revenue in the BFSI industry (Machinery and Equipment Leasing), with the same principal business activity (rental and leasing of motor vehicles, machinery, equipment, capital goods, etc. activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Bhamra Concrete Private Limited | ₹72.39 Cr (FY 2024) | 37.0% | Mumbai, Maharashtra, India | |||
| KPSS Builders Pvt Ltd | ₹70.7 Cr (FY 2025) | 10.0% | New Delhi, Delhi, India | |||
| Aggreko India Private Limitedthis company | ₹69.82 Cr (FY 2025) | -₹8.19 Cr | -11.7% | -5.0% | 40 | Pune, Maharashtra, India |
| Aayush Shreyesh Properties Private Limited | ₹68.95 Cr (FY 2025) | 6.0% | Ranchi, Jharkhand, India | |||
| Perennial Technologies Private Limited | ₹67.85 Cr (FY 2024) | 13.0% | Pune, Maharashtra, India |
To see the full peer comparison of Aggreko India Private Limited, buy the company report.
Auditor
Aggreko India Private Limited is audited by BSR & Associates LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| BSR & Associates LLP | FY 2023 | 116231W/W100024 |
Shareholding
The shareholding of Aggreko India 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 Aggreko India Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 22 Dec 2023 | 100845659 | The Hongkong and Shanghai Banking Corporation Limited | ₹1 Lakh | Open | |
| 22 Nov 2023 | 100829111 | The Hongkong and Shanghai Banking Corporation Limited | ₹35.41 Lakh | Satisfied | |
| 01 Jun 2022 | 100585270 | The Hongkong and Shanghai Banking Corporation Limited | ₹74.2 Lakh | Satisfied |
To see the full charge records of Aggreko India Private Limited, buy the company report.
Total charge records: 3 View all charges
Deals & funding
Aggreko India Private Limited has 4 deals on record (3 funding rounds, 1 rights issue), with disclosed funding of ₹74.9 Cr; the latest was in July 2021.
Deals on record (4 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jul 2021 | Rights issue | ₹66.84 Cr | Investors: Aggreko Holdings Limited |
| Jan 2013 | Funding round | ₹21.66 Cr | Investors: Aggreko (Singapore) Pte Limited |
| Mar 2012 | Funding round | ₹45.3 Cr | Investors: Aggreko (Singapore) Pte Limited |
| Mar 2009 | Funding round | ₹7.94 Cr | Investors: Aggreko Holdings Limited, Aggreko Rest Of The World Holdings Bv Limited |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Aggreko India Private Limited has 3 court cases on record: 1 filed by Aggreko India, 2 filed against it. 1 case is pending and 2 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 0 |
| High courts | 1 | 1 | 0 |
| Supreme Court | 1 | 1 | 1 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Supreme Court | Appeal | Filed against the company by Commissioner of Service Tax Pune 1 | Pending |
| Bombay High Court | Tax appeal | Filed against the company by PR Commissioner of Income Tax 1 Pune | Disposed |
| District court, Medchal Malkajgiri, Telangana | Civil suit | Filed by the company against Megha Engineering Infrastructure Ltd. and 11 Others | Disposed |
To see the full case history of Aggreko India 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
Aggreko India Private Limited has 9 MSME Form 1 returns on record between 2018 and 2023, listing 573 overdue payments to 38 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 38)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Marwar Road Carriers Private Limited | |||
| an individual supplier | |||
| an individual supplier | |||
| Perfect Calibration Centre Private Limited | |||
| an individual supplier |
To see the full MSME payment records of Aggreko India Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Aggreko India Private Limited has a workforce of 40 employees on its EPFO records as of Mar 31, 2024, across 1 active EPFO establishment.
GST
Aggreko India has 7 GST registrations: 6 active and 1 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 06AAHCA2440E1Z7 | Haryana | Active | 01 Jul 2017 |
| 27AAHCA2440E1Z3 | Maharashtra | Active | 01 Jul 2017 |
| 33AAHCA2440E1ZA | Tamil Nadu | Active | 01 Jul 2017 |
| 37AAHCA2440E1Z2 | Andhra Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Aggreko India Private Limited, buy the company report.
Recent activity
Aggreko India Private Limited has 24 board changes on record since 2009: 5 appointments and 19 cessations. The latest: Rahul Khare was appointed as Managing Director on 26 Mar 2025.
20 earlier events are in the company report.
Frequently asked questions
Aggreko India is an active foreign private limited company based in Pune, Maharashtra, India. The company works in equipment leasing and financing, within the financial services industry. It was incorporated on 22 August 2008 (18+ years old) and is registered under CIN U01122PN2008FTC132669.
Aggreko India has 4 current directors:
- Rahul Khare - Managing Director
- Steven John Allison - Director
- Shobhit Taneja - Director
- Nitin Vasantrao Hattigote - Director
The latest financial statements of Aggreko India on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Aggreko India is 06AAHCA2440E1Z7, registered in Haryana. The company has 7 GST registrations in all, of which 6 are active and 1 is cancelled or inactive. Other active GSTINs include 27AAHCA2440E1Z3 (Maharashtra), 33AAHCA2440E1ZA (Tamil Nadu), 37AAHCA2440E1Z2 (Andhra Pradesh).
The CIN (Corporate Identification Number) of Aggreko India is U01122PN2008FTC132669. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Aggreko India has 3 court cases on record: 1 filed by the company and 2 filed against it. 1 is pending. Most are in the district courts.
Aggreko India was incorporated on 22 August 2008, making it 18+ years old. It is registered with the Registrar of Companies, Pune.
Aggreko India has 4 deals on record (3 funding rounds, 1 rights issue), with disclosed funding of ₹74.9 Cr; the latest was in July 2021.
The peers of Aggreko India by revenue are Bhamra Concrete Private Limited, KPSS Builders Pvt Ltd, Aayush Shreyesh Properties Private Limited, Perennial Technologies Private Limited, all in the BFSI industry (Machinery and Equipment Leasing), with the same principal business activity (rental and leasing of motor vehicles, machinery, equipment, capital goods, etc. activities).
Rahul Khare was appointed as Managing Director on 26 Mar 2025. Owen Joseph Coll ceased to be Additional Director on 30 Sep 2021. Owen Joseph Coll was appointed as Director on 22 Feb 2021. Aggreko India has 24 board changes on record in total.
Aggreko India has 9 MSME Form 1 returns on record between 2018 and 2023, listing 573 overdue payments to 38 micro and small suppliers. The latest return was filed on 21 Oct 2023.
Aggreko India can be reached through the website aggreko.in. Its registered office is in Pune, Maharashtra, India.
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