Api Associates Private Limited
About Api Associates Private Limited
Data last updated:
Api Associates Private Limited is a private limited company based in New Delhi, Delhi, India. It operates in the footwear manufacturing segment of the consumer goods sector. It was incorporated on 14 November 1986 and has been in existence for over 40 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U74899DL1986PTC026083. Its GSTIN is 07AAACM2054M1ZH (Delhi). The company holds 3 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹24.02 Lakh. It was formerly known as Api Associates Limited. It is led by directors including Sushma Aggarwal and Ankit Aggarwal.
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 D – 15 Udyog Nagar Maian Rohtakroad, New Delhi, Delhi, India – 110041.
As per the financials filed for FY 2024, the company reported a revenue of ₹13,582, a decline of 100% compared to the previous year. For the same year it recorded a net loss of ₹22.24 Lakh and EBITDA of -₹18.74 Lakh. Revenue has declined at a compounded annual rate (CAGR) of 86% over three years and 82% over five years.
The company has about 5 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹4.7 Cr and satisfied charges of ₹6.51 Cr on record. Court records list 4 cases involving the company, including 4 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Api Associates Private Limited's registered office is in New Delhi, Delhi. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressD – 15 Udyog Nagar Maian Rohtakroad, New Delhi, Delhi, India – 110041
- IndustryConsumer Goods, Footwear Manufacturing
To see the full contact details of Api Associates 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 Api Associates is manufacturing. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C8 | Plastic products, non-metallic mineral products, rubber products, fabricated metal products |
To see the full business activity and turnover split of Api Associates Private Limited, buy the company report.
Financials of Api Associates Private Limited
FY 2025 filings availableApi Associates Private Limited reported revenue of ₹13,582 (down 100% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 82% over five years. EBITDA fell 73% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | -₹18.74 Lakh | ||||
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| Net Profit (PAT) | -₹22.24 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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To see the full financial statements and ratios of Api Associates Private Limited, buy the company report.
Board of directors of Api Associates Private Limited
Api Associates has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sushma Aggarwal Also directs: Global Technoplast Private Limited | Director | 01 Sep 1992 | 34 Years 2 Months | Current |
| Ankit Aggarwal | Director | 24 Nov 2014 | 11 Years 11 Months | Current |
| Narender Jain | Director | 05 Feb 2015 | 11 Years 9 Months | Current |
Auditor
Api Associates Private Limited is audited by PADAM SATISH DEEPAK & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PADAM SATISH DEEPAK & ASSOCIATES | FY 2023 | 017887N |
Shareholding
The shareholding of Api Associates 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 Api Associates Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 22 Jun 2010 | 10225493 | State Bank of Mysore | ₹4.7 Cr | Open | |
| 29 Aug 2003 | 90038333 | Others | ₹6.11 Cr | Satisfied | |
| 08 Apr 1993 | 90032988 | State Bank of Bikaner & Jaipur | ₹40 Lakh | Satisfied |
To see the full charge records of Api Associates Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
Api Associates Private Limited has 4 court cases on record: 4 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 4 | 0 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, West, Delhi | Court case (OMP (I) (COMM.)) | Filed against the company by S.J. Packaging P. Ltd. | Disposed |
| District court, North West, Delhi | Civil suit | Filed against the company by State | Disposed |
| District court, North West, Delhi | Criminal case | Filed against the company by Daksh Overseas Inc. | Disposed |
| District court, West, Delhi | Criminal case | Filed against the company by Daksh Overseas Inc. | Disposed |
To see the full case history of Api Associates 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.
Credit ratings & regulatory alerts
Api Associates Private Limited was last rated by Icra on 21 Apr 2022.
| Rating agency | Rated on | Rating |
|---|---|---|
| Icra | 21 Apr 2022 |
To see the full credit ratings and regulatory alerts of Api Associates Private Limited, buy the company report.
MSME payment delays
Api Associates Private Limited has 47 MSME Form 1 returns on record between 2012 and 2021, listing 1,686 overdue payments to 16 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 16)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| Aryan Enterprises | |||
| L.B. Bonafide Private Limited | |||
| Mega Knitters Private Limited | |||
| S R Lamifab Private Limited |
To see the full MSME payment records of Api Associates Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Api Associates Private Limited has a workforce of 5 employees on its EPFO records as of Apr 07, 2024, across 2 active EPFO establishments.
GST
Api Associates has 3 GST registrations: 1 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AAACM2054M1ZH | Delhi | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Api Associates Private Limited, buy the company report.
Recent activity
Api Associates Private Limited has 5 board changes on record since 1992: 4 appointments and 1 cessation. The latest: Mange Ram Aggarwal ceased to be Director on 14 Sep 2015.
2 earlier events are in the company report.
Frequently asked questions
Api Associates is an active private limited company based in New Delhi, Delhi, India. The company works in footwear manufacturing, within the consumer goods industry. It was incorporated on 14 November 1986 (40+ years old) and is registered under CIN U74899DL1986PTC026083.
Api Associates has 3 current directors:
- Sushma Aggarwal - Director
- Ankit Aggarwal - Director
- Narender Jain - Director
The latest financial statements of Api Associates 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 Api Associates is 07AAACM2054M1ZH, registered in Delhi. The company has 3 GST registrations in all, of which 1 is active and 2 are cancelled or inactive.
The CIN (Corporate Identification Number) of Api Associates is U74899DL1986PTC026083. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Api Associates has 4 court cases on record: 4 filed against it.
Api Associates was incorporated on 14 November 1986, making it 40+ years old. It is registered with the Registrar of Companies, Delhi.
Mange Ram Aggarwal ceased to be Director on 14 Sep 2015. Narender Jain was appointed as Director on 05 Feb 2015. Ankit Aggarwal was appointed as Director on 24 Nov 2014. Api Associates has 5 board changes on record in total.
Api Associates has 47 MSME Form 1 returns on record between 2012 and 2021, listing 1,686 overdue payments to 16 micro and small suppliers. The latest return was filed on 12 Sep 2023.
The registered office of Api Associates is at D – 15 Udyog Nagar Maian Rohtakroad, New Delhi, Delhi, India – 110041.
Api Associates operates in the consumer goods industry, in the footwear manufacturing segment.
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