About Aireff Detox Private Limited
Data last updated:
Aireff Detox Private Limited is a private limited company based in Navi Mumbai, Maharashtra, India. The company is currently undergoing Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency professional. It operates in the water treatment segment of the environmental services sector. It was incorporated on 21 May 1996.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74999MH1996PTC099716. The company has 9 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹26.5 Cr and a paid-up capital of ₹25.96 Cr. It was formerly known as Aireff Detox Incineration Limited and Aireff Detox Limited. It is led by directors Jatin Arjun Kini and Sandip Srivastava.
Its last annual general meeting (AGM) was held on 30 September 2015, and its latest financial statements are for the year ended 31 March 2015. The registered office is at 303 Sigma IT Park, Navi Mumbai, Maharashtra.
As per the financials filed for FY 2015, the company reported a revenue of ₹52.07 Cr, a growth of 3% compared to the previous year. For the same year it recorded a net profit of ₹1.12 Cr (net margin 2.2%) and EBITDA of ₹2.95 Cr (EBITDA margin 5.7%).
The company has about 39 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹23.3 Cr and satisfied charges of ₹103.23 Cr on record. Court records list 17 cases involving the company, including 5 filed by the company and 12 filed against it; 6 cases are pending. The company has 11 deals on record (7 funding rounds, 4 secondary share transfers), with disclosed funding of ₹103.66 Cr; the latest was in January 2015.
The last known website on record is aireff.com.
Company details
Name history
Aireff Detox has undergone 2 name changes throughout its history. The company was previously known as Aireff Detox Incineration Limited, and Aireff Detox Limited. The current legal name is Aireff Detox Private Limited.
| Company Name | Status |
|---|---|
| Aireff Detox Private Limited | Current |
| Aireff Detox Incineration Limited | Previous |
| Aireff Detox Limited | Previous |
CIN history
Aireff Detox has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U74999MH1996PTC099716, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74999MH1996PTC099716 | Current |
| U74999MH1996PLC099716 | Previous |
| U99999MH1996PTC099716 | Previous |
Contact details
Aireff Detox Private Limited's registered office is in Navi Mumbai, Maharashtra. Its website is aireff.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address303 Sigma IT Park Rabale Ttc Industrial Area Behind Dhirubhai Ambani Life Sciences R, Abale, Navi Mumbai, Maharashtra, India – 400701
- IndustryEnvironment, Water Treatment
To see the full contact details of Aireff Detox 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
Financials of Aireff Detox Private Limited
FY 2015 filings availableAireff Detox Private Limited reported revenue of ₹52.07 Cr (up 3% YoY) for FY 2015.
Compounded Annual Growth Rate (CAGR)
Revenue rose 3% in the latest year. EBITDA fell 51% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2014-15 |
|---|---|
| Profit and Loss Statement | |
| Revenue from Operations | |
| Other Income | |
| Total Revenue | ₹52.07 Cr |
| Cost of Materials Consumed | |
| Employee Benefit Expense | |
| Finance Costs | |
| Depreciation and Amortisation | |
| Other Expenses | |
| Total Expenses | |
| EBITDA | ₹2.95 Cr |
| Profit Before Tax | |
| Tax Expense | |
| Net Profit (PAT) | ₹1.12 Cr |
| 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
| Metrics | FY 2014-15 |
|---|---|
| Profitability | |
| EBITDA Margin | 5.7% |
| Net Profit Margin | 2.2% |
| 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 | |
To see the full financial statements and ratios of Aireff Detox Private Limited, buy the company report.
Board of directors of Aireff Detox Private Limited
Aireff Detox has 2 current directors and 19 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jatin Arjun Kini | Additional Director | 23 Jan 2017 | 9 Years 9 Months | As last reported |
| Sandip Srivastava | Additional Director | 23 Jan 2017 | 9 Years 9 Months | As last reported |
Auditor
Aireff Detox Private Limited is audited by JIGNESH SAVLA & ASSOCIATES for the financial year 2015.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| JIGNESH SAVLA & ASSOCIATES | FY 2015 | 127654W |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 26 Dec 2005 | 90230110 | Tjsb Sahakari Bank Limited | ₹29 Lakh | Open | |
| 04 Jun 2005 | 90145754 | The Thane Janata Sahakari Bank Limited | ₹2.51 Cr | Open | |
| 30 Mar 2002 | 90143847 | Tjsb Sahakari Bank Limited | ₹7.5 Cr | Open | |
| 02 Sep 2000 | 90143012 | Tjsb Sahakari Bank Limited | ₹13 Cr | Open | |
| 22 Oct 2011 | 10317319 | The Thane Janata Sahakari Bank Limited | ₹1 Cr | Satisfied |
To see the full charge records of Aireff Detox Private Limited, buy the company report.
Total charge records: 50 View all charges
Deals & funding
Aireff Detox Private Limited has 11 deals on record (7 funding rounds, 4 secondary share transfers), with disclosed funding of ₹103.66 Cr; the latest was in January 2015.
Deals on record (5 of 11)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jan 2015 | Funding round | ₹30 Cr | Investors: Asia Enviro Holdings Pte Ltd |
| Mar 2014 | Funding round | ₹12.83 Cr | Investors: Asia Enviro Holdings Pte Ltd |
| Nov 2013 | Secondary share transfer | Undisclosed | Buyer: Ecofil Technologies India Private Limited , an individual Seller: Subhash Kamal HUF, 3 individuals |
| Jun 2012 | Funding round | ₹24 Cr | Investors: Asia Enviro Holdings Pte Ltd, Asia Enviro Holdings Ii Pte Ltd, 2 individuals |
| May 2011 | Funding round | ₹24.55 Cr | Investors: Asia Enviro Holdings Ii Pte Ltd, Asia Enviro Holdings Pte Ltd, 2 individuals |
To see the full deal history of Aireff Detox Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Aireff Detox Private Limited has 17 court cases on record: 5 filed by Aireff Detox, 12 filed against it. 6 cases are pending and 11 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 10 | 8 | 4 |
| High courts | 7 | 4 | 2 |
Cases on record (5 of 17)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, TELANGANA | Writ petition | Filed against the company by Permionics Membranes Pvt. Ltd. | Pending |
| High Court of Delhi | Court case (O.M.P. (COMM)) | Filed against the company by Oil and Natural Gas Corporation Ltd. Ankleshwar | Disposed |
| High Court of Delhi | Court case (O.M.P.) | Filed by the company against Oil & Natural Gas Corporation Ltd & Anr | Disposed |
| High Court of Chhattisgarh | Writ petition | Filed against the company by an individual | Pending |
| District court, BENGALURU, Karnataka | Execution petition | Filed against the company by M/S Prajwal Cargo Logistics | Pending |
To see the full case history of Aireff Detox 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
No delayed payments to MSME suppliers are on our record for Aireff Detox Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Aireff Detox has 9 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Aireff Detox Private Limited, buy the company report.
Recent activity
Aireff Detox Private Limited has 19 board changes on record since 2005: 2 appointments and 17 cessations. The latest: Sandip Srivastava ceased to be Additional Director on 02 Jun 2018.
114 earlier events are in the company report.
Frequently asked questions
Aireff Detox is undergoing "Corporate Insolvency Resolution Process" (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency resolution professional. The company may not be able to independently enter into new commitments during this period. This is a high-risk status - verify the resolution status before any engagement.
Aireff Detox is a company under insolvency, formerly operating as a private limited company based in Navi Mumbai, Maharashtra, India. The company works in water treatment, within the environment industry. It was incorporated on 21 May 1996 and is registered under CIN U74999MH1996PTC099716. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Aireff Detox has 2 current directors:
- Jatin Arjun Kini - Additional Director
- Sandip Srivastava - Additional Director
The latest financial statements of Aireff Detox on record with the MCA are for the year ended 31 March 2015. Its last annual general meeting was held on 30 September 2015. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Aireff Detox is U74999MH1996PTC099716. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Aireff Detox has open charges of ₹23.3 Cr and satisfied charges of ₹103.23 Cr as per latest MCA filings.
Aireff Detox has 17 court cases on record: 5 filed by the company and 12 filed against it. 6 are pending. Most are in the district courts.
Aireff Detox was incorporated on 21 May 1996. It is registered with the Registrar of Companies, Mumbai.
Aireff Detox has 11 deals on record (7 funding rounds, 4 secondary share transfers), with disclosed funding of ₹103.66 Cr; the latest was in January 2015.
Sandip Srivastava ceased to be Additional Director on 02 Jun 2018. Jatin Arjun Kini ceased to be Additional Director on 28 May 2018. Jatin Arjun Kini was appointed as Additional Director on 23 Jan 2017. Aireff Detox has 19 board changes on record in total.
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