Aia Engineering Limited - Company Profile

Q: Who are the current directors of Aia Engineering Limited?

The current directors of Aia Engineering Limited are Rajendra Shantilal Shah, Satyanarayan Chhogalal Jetheliya, Sanjay Shaileshbhai Majmudar, Viren Kantilal Thakkar, Bhadresh Kantilal Shah, Udayan Dileep Choksi, Khushali Samip Solanki, Satyanarayan Jetheliya, Piyush Balvantlal Shah, Bhumika Shyamal Shodhan, Janaki Udayanbhai Shah, Yashwant Manubhai Patel, Satyanarayan Chhogalal Jetheliya.

It is a machinery and equipment public limited company based in Ahmedabad, Gujarat, India, established in 1991.

1991 Ahmedabad, Gujarat, India Active

Last Updated: December 17, 2025

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About Aia Engineering Limited

Aia Engineering Limited, a active public limited company, was established on 11 March 1991 in Ahmedabad, Gujarat, India. Engaging in industrial machinery manufacturing within the manufacturing sector, it holds CIN: L29259GJ1991PLC015182. Registered under ROC Roc Ahmedabad. it is listed on BSE: 532683 and NSE: AIAENG. It has an authorized capital of ₹46.00 Cr and a paid-up capital of ₹18.66 Cr.

Formerly known as Magotteaux (India) Private Limited, Aia Engineering Private Limited. It upholds a compliant status. In 2023, it reported revenue of ₹4,367.50 Cr and a net worth of ₹5,473.01 Cr. Employing 4,420 professional, Its leadership includes Rajendra Shantilal Shah (Director), Satyanarayan Chhogalal Jetheliya (Nodal Officer), Sanjay Shaileshbhai Majmudar (Director). Past directors included Rajendra Shantilal Shah, Sanjay Shaileshbhai Majmudar, Dileep Chinubhai Choksi. It holds ₹229.32 Cr open charges and ₹1,140.86 Cr settled loans. Its latest AGM occurred on 15 September 2025, with the balance sheet filed on 31 March 2025. It is based at 115G V M M Estateodhav Road Odhav, Ahmedabad, Gujarat, 382410.

Company Details

CIN/LLPIN
L29259GJ1991PLC015182
Registration Number
015182
Incorporation Date
11 March 1991
Authorized Capital
₹46.00 Cr
Paid-Up Capital
₹18.66 Cr
ROC Code
Roc Ahmedabad
Listing Status
Listed (BSE: 532683, NSE: AIAENG)
Company Status
Active

Key Metrics

Authorised Capital ₹ 46.00 Cr as on 17-12-2025
Paid Up Capital ₹ 18.66 Cr as on 17-12-2025
Company Age 35 Year, 3 Months
Last Filing with ROC 31 Mar 2025
Open Charges ₹ 229.32 Cr as on 17-12-2025
Satisfied Charges ₹ 1,140.86 Cr as on 17-12-2025
Revenue Growth **** 30.32% (FY 2023)
Profit Growth **** 65.75% (FY 2023)
Ebitda **** 82.90% (FY 2023)
Net Worth 19.11% (FY 2023)
Total Assets **** 29.82% (FY 2023)

Comprehensive Company Insights

Explore comprehensive insights into Aia Engineering Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Aia Engineering Limited?

Current Directors

Name	Designation	Appointment Date	Status
Rajendra Shantilal Shah	Director	13 Sep 2024	Current
Satyanarayan Chhogalal Jetheliya	Nodal Officer	20 Feb 2025	Current
Sanjay Shaileshbhai Majmudar	Director	13 Sep 2024	Current
Bhadresh Kantilal Shah	Managing Director	11 Mar 1991	Current
Udayan Dileep Choksi	Director	20 Sep 2025	Current
Khushali Samip Solanki	Director	07 Nov 2014	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Director	11 Sep 2024	Past
Pramod Abcsdd	Additional Director	31 Aug 2007	Past
Pramod Abcsdd	Additional Director	11 Sep 2014	Past
Pramod Abcsdd	Cfo	31 Jul 2019	Past
Pramod Abcsdd	Director	23 Feb 2013	Past
Pramod Abcsdd	Director	12 Aug 2019	Past

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Financial Performance of Aia Engineering.

Aia Engineering Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 30.32% increase. The company also saw a substantial improvement in profitability, with a 65.75% increase in profit. The company's net worth Soared by an impressive increase of 19.11%.

Date	Amount	Transaction Name	Valuation	Lead Investors	Investors
Jul, 2021	Amount	Post-IPO - Grab	Valuation	investors	Emtek
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners
Jan, 2021	Amount	Post-IPO - Grab	Valuation	investors	Hana Financial Group , GGV Capital
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners

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Key Matrics
Balance Sheet
Profit and Loss
Cash Flow
Ratios

Metrics

(FY 2023)

YOY Growth

(FY 2022)

(FY 2021)

(FY 2020)

(FY 2019)

Total Revenue

********

30.32%

*******

Revenue from Operations

*******

31.26%

*******

Total Assets

*******

29.82%

*******

Profit or Loss

*******

65.75%

*******

Net Worth

*******

19.11%

*******

EBITDA

*******

82.90%

*******

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What is the Ownership and Shareholding Structure of Aia Engineering?

In 2023, Aia Engineering had a promoter holding of 58.47% and a public holding of 41.53%. The company had 2 Subsidiaries and 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)

Promoters: 92.83%
Public: 4.10%
Others: 3.07%

Shareholding Pattern over the Year

	FY (2024)	FY (2023)	FY (2022)	FY (2021)	FY (2020)
Promoters	92.83	94.62	94.55	94.55	94.55
Public	4.10	3.89	3.95	3.96	3.98
Others	3.07	1.49	1.50	1.49	1.47

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Charges (Loans)

Open Charges

₹2,293,200,000.00

Satisfied Charges

₹11,408,583,740.00

Charges Breakdown by Lending Institutions

State Bank Of India : 229.32 Cr

Latest Charge Details

Date	Lender	Amount	Status
27 Dec 2014	State Bank Of India	₹229.32 Cr	Open
29 Mar 2018	The Hongkong And Shanghai Banking Corporation Limited	₹50.00 Cr	Satisfied
28 Jun 2017	Others	₹4.91 M	Satisfied
19 May 2014	Citi Bank N.A.	₹150.00 Cr	Satisfied
14 May 2013	The Hongkong And Shanghai Banking Corporation Limited	₹42.00 Cr	Satisfied

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How Many Employees Work at Aia Engineering?

Aia Engineering has a workforce of 4420 employees as of Mar 29, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee Date	Number of Employees
2020	78,000
2021	80,500
2022	83,200
2023	86,000
2024	89,500
2025	92,000

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Deals i

Gain comprehensive insights into the Deals and Valuation data of Aia Engineering, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Aia Engineering's trajectory.

Rating

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on Aia Engineering

Recent Activity within the Organization

Director Appointment

Progress on Udayan Dileep Choksi was appointed as a Director was appointed as a Director on 20 Sep 2025 & has been associated with this company since 9 months 7 days . was documented.
20 Sep 2025
Annual General Meeting

Aia Engineering Limited last Annual general meeting of members was held on 15 Sep 2025 as per latest MCA records. was recorded as a recent event.
15 Sep 2025
Balance Sheet

Aia Engineering Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad. was recorded as a recent event.
31 Mar 2025
Director Appointment

The activity Satyanarayan Chhogalal Jetheliya was appointed as a Nodal Officer was appointed as a Nodal Officer on 20 Feb 2025 & has been associated with this company since 1 year 4 months . was completed.
20 Feb 2025
Director Appointment

Rajendra Shantilal Shah was appointed as a Director was appointed as a Director on 13 Sep 2024 & has been associated with this company since 1 year 9 months . was recorded as a recent event.
13 Sep 2024
Director Appointment

The activity Sanjay Shaileshbhai Majmudar was appointed as a Director was appointed as a Director on 13 Sep 2024 & has been associated with this company since 1 year 9 months . was completed.
13 Sep 2024

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