- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MH-19-0091700

About Aqasion Watertech Private Limited
Data last updated:
Aqasion Watertech Private Limited is a private limited company based in Thane, Maharashtra, India. It operates in the process machinery and industrial equipment segment of the machinery and industrial equipment sector. It was incorporated on 20 August 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U41000MH2010PTC206808. Its GSTIN is 27AAJCA0393G1ZP (Maharashtra).
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors Sonal Gandhi and Rajul Gandhi.
Its last annual general meeting (AGM) was held on 31 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office is at Gala No. M – 1/1 Sagar Complex Opp. Sai Petrol Pump Village – Ovali Taluka – Bhowandi D, Ist – Thane, Maharashtra, India – 421302.
As per the financials filed for FY 2020, the company reported a revenue of ₹2.75 Cr, a decline of 21% compared to the previous year. For the same year it recorded a net profit of ₹2.23 Lakh (net margin 0.8%) and EBITDA of ₹16.65 Lakh (EBITDA margin 6.1%). Revenue has declined at a compounded annual rate (CAGR) of 17% over three years and 8% over five years.
As per MCA filings, the company has open charges of ₹25 Lakh on record. Court records list 5 cases involving the company, including 5 filed against it; 3 cases are pending.
Aqasion Watertech Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0091700). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website aqasion.in.
Company details
Recognitions & Rankings of Aqasion Watertech
Contact details
Aqasion Watertech Private Limited's registered office is in Thane, Maharashtra. Its website is aqasion.in. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressGala No. M – 1/1 Sagar Complex Opp. Sai Petrol Pump Village – Ovali Taluka – Bhowandi D, Ist – Thane, Maharashtra, India – 421302
- IndustryMachinery and Equipment, Process Machinery & Industrial Equipment
To see the full contact details of Aqasion Watertech 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 Aqasion Watertech is water supply, sewerage and waste management. In detail, this covers water collection, treatment and supply.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| E | Water supply, sewerage and waste management | E1 | Water collection, treatment and supply |
To see the full business activity and turnover split of Aqasion Watertech Private Limited, buy the company report.
Financials of Aqasion Watertech Private Limited
FY 2020 filings availableAqasion Watertech Private Limited reported revenue of ₹2.75 Cr (down 21% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 8% over five years, including a 21% fall in the latest year. EBITDA fell 21% 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹2.75 Cr | ||||
| Cost of Materials Consumed | |||||
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| Total Expenses | |||||
| EBITDA | ₹16.65 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹2.23 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 6.1% | ||||
| Net Profit Margin | 0.8% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of Aqasion Watertech Private Limited, buy the company report.
Board of directors of Aqasion Watertech Private Limited
Aqasion Watertech has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sonal Gandhi Also directs: Seion Watertech Private Limited | Director | 20 Aug 2010 | 16 Years 2 Months | Current |
| Rajul Gandhi | Director | 20 Aug 2010 | 16 Years 2 Months | Current |
Auditor
Aqasion Watertech Private Limited is audited by SANJAY P MUTHE & CO for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SANJAY P MUTHE & CO | FY 2020 | 109177W |
Shareholding
The shareholding of Aqasion Watertech Private Limited is on record for 4 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2019 | FY 2016 | FY 2015 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Aqasion Watertech Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 24 Aug 2012 | 10382090 | Syndicate Bank | ₹25 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
Aqasion Watertech Private Limited has 5 court cases on record: 5 filed against it. 3 cases are pending and 2 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 5 | 5 | 3 |
Cases on record (5 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, South West, Delhi | Cheque dishonour complaint | Filed against the company by Ambit Finvest Pvt Ltd | Disposed |
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Global Adsorbents Pvt. Ltd. | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Interim or miscellaneous application | Filed against the company by Pooja Engineering Co Through Its Partner Mr Dishant Mayur Reshamwala | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (SUMMARY) | Filed against the company by an individual | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Commercial suit | Filed against the company by Pooja Engineering Co Through Its Partner Mr Dishant Mayur Reshamwala | Pending |
To see the full case history of Aqasion Watertech 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 Aqasion Watertech Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Aqasion Watertech has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAJCA0393G1ZP | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Aqasion Watertech Private Limited, buy the company report.
Recent activity
Aqasion Watertech Private Limited has 3 board changes on record since 2010: 2 appointments and 1 cessation. The latest: Mehul Gandhi ceased to be Director on 31 Dec 2020.
Frequently asked questions
Aqasion Watertech is an active private limited company based in Thane, Maharashtra, India. The company works in process machinery and industrial equipment, within the machinery and equipment industry. It was incorporated on 20 August 2010 (16+ years old) and is registered under CIN U41000MH2010PTC206808.
Aqasion Watertech has 2 current directors:
- Sonal Gandhi - Director
- Rajul Gandhi - Director
The latest financial statements of Aqasion Watertech on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 31 December 2020. Year-wise statements from 2015 are in the company report.
The GSTIN of Aqasion Watertech is 27AAJCA0393G1ZP, registered in Maharashtra.
The CIN (Corporate Identification Number) of Aqasion Watertech is U41000MH2010PTC206808. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Aqasion Watertech has 5 court cases on record: 5 filed against it. 3 are pending.
Aqasion Watertech was incorporated on 20 August 2010, making it 16+ years old. It is registered with the Registrar of Companies, Mumbai.
Mehul Gandhi ceased to be Director on 31 Dec 2020. Rajul Gandhi was appointed as Director on 20 Aug 2010. Sonal Gandhi was appointed as Director on 20 Aug 2010.
Yes, Aqasion Watertech is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-19-0091700).
Aqasion Watertech can be reached through the website aqasion.in. Its registered office is in Thane, Maharashtra, India.

