About
Basic Data Updated:
15 days agoAIA Engineering Limited, previously known as Magotteaux (India) Private Limited, is involved in the production of high-chrome grinding media, liners, and diaphragms, collectively referred to as mill internals. The company has one manufacturing subsidiary in India and six marketing entities abroad. According to a credit rating report, the current production capacity of the company is 340,000 TPA (Tons Per Annum), which is being expanded to 440,000 TPA. The products manufactured by the company are utilized for crushing and grinding operations in grinding mills within the cement, power utility, and mining industries. Bhadresh Shah is the promoter of AEL.
Industry
Company Details
- Location
Ahmedabad, Gujarat, India
- Website1222442
- Telephone1222442
- Email Address1222442
Products or Services related to Aia Engineering Limited
High Pressure Liquid Chromatography System
Mechanical Design Service
Grinding Parts
Surface Plates
Financials of Aia Engineering Limited
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%.
Enhance accessibility to Aia Engineering's financial data by unlocking access to both Standalone and Consolidated balance sheets, Profit & Loss Statements, Ratios, Related Party Transactions, and additional relevant information.
Corporate Structure
Unlock access to Aia Engineering's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.
People in Aia Engineering Limited
Unlock and access historical data on people associated with Aia Engineering, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Executive Team (3)
SJ
Satyanarayan Jetheliya
Company SecretaryAppointment Date: 01-May-1993
Status: Current
VT
Viren Thakkar CFOAppointment Date: 12-Aug-2019
Status: Current
BS
Bhadresh Shah Managing DirectorAppointment Date: 11-Mar-1991
Status: Current
Board Members(8)
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
State Bank Of India Creation Date: 27 Dec 2014 | ₹229.32 Cr | Open |
The Hongkong And Shanghai Banking Corporation Limited Creation Date: 29 Mar 2018 | ₹50.00 Cr | Satisfied |
Others Creation Date: 28 Jun 2017 | ₹4.91 M | Satisfied |
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.
Alert
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.
Related Corporates (Common Directorship)
Icici Prudential Life Insurance Company Limited
Active
23 years 9 months Dileep Choksi is a mutual person
Recent activity within the organization
Annual General Meeting
Aia Engineering Limited last Annual general meeting of members was held on 19 Sep 2023 as per latest MCA records.
19 Sep 2023Balance Sheet
Aia Engineering Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ahmedabad.
31 Mar 2023Charges
A charge registered on 29 Mar 2018 via Charge ID 100169589 with The Hongkong And Shanghai Banking Corporation Limited was fully satisfied on 20 Jul 2021.
20 Jul 2021Charges
A charge registered on 19 May 2014 via Charge ID 10502105 with Citi Bank N.A. was fully satisfied on 29 Jun 2021.
29 Jun 2021Charges
A charge registered on 23 Dec 2000 via Charge ID 90104117 with State Bank Of India was fully satisfied on 02 Feb 2021.
02 Feb 2021
Recent News, Updates & Announcement
AIA Engineering rises 3 as lower input costs drive strong margin performance.Moneycontrol 30 Jan 2023
- Hold AIA Engineering target of Rs 1328 Centrum .
Moneycontrol 27 Nov 2017
- Buy AIA Engineering target of Rs 1571.
Moneycontrol 22 Feb 2017
- AIA Engineering trades in green on the bourses.
Finalaya 15 Feb 2017
Frequently asked questions
What is the Incorporation or founding date of Aia Engineering Limited?
