Armec Ice & Cold Storage Private Limited
About Armec Ice & Cold Storage Private Limited
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Armec Ice & Cold Storage Private Limited is a private limited company based in Ahmedabad, Gujarat, India, a subsidiary of Armec Cooling System Limited. It operates in the material handling and storage equipment segment of the machinery and industrial equipment sector. It was incorporated on 26 February 1998 and has been in existence for over 28 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U74999GJ1998PTC033752. Its GSTIN is 24AABCA8231B1ZC (Gujarat).
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹25 Lakh. It was formerly known as Armec Ice and Cold Storage Private Limited and Kasper Elevator India Private Limited. It is led by directors including Dharav Manubhai Maheshwari and Manubhai Devjibhai Harani.
Its last annual general meeting (AGM) was held on 31 July 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Plot No – 7 Pancharatna Industrial Estate Part – 2 Changodar, Ahmedabad, Gujarat, India – 382210.
As per the financials filed for FY 2023, the company reported a revenue of ₹26,781. For the same year it recorded a net loss of ₹2.57 Lakh and EBITDA of -₹31,343 (EBITDA margin -117%). Revenue has declined at a compounded annual rate (CAGR) of 72% over three years and 57% over five years.
Court records list 1 case involving the company, including 1 filed by the company.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Name history
Armec Ice & Cold Storage has undergone 4 name changes throughout its history. The current legal name is Armec Ice & Cold Storage Private Limited.
| Company Name | Status |
|---|---|
| Armec Ice & Cold Storage Private Limited | Current |
| Armec Ice And Cold Storage Private Limited | Previous |
| Kasper Elevator India Private Limited | Previous |
| Volkslift Elevator India Private Limited | Previous |
| Armec Engineering Consultancy Services Private Limited | Previous |
CIN history
Armec Ice & Cold Storage has one previous CIN (Corporate Identification Number): U63022GJ1998PTC033752. The current CIN is U74999GJ1998PTC033752, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74999GJ1998PTC033752 | Current |
| U63022GJ1998PTC033752 | Previous |
Contact details
Armec Ice & Cold Storage Private Limited's registered office is in Ahmedabad, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressPlot No – 7 Pancharatna Industrial Estate Part – 2 Changodar, Ahmedabad, Gujarat, India – 382210
- IndustryMachinery and Equipment, Material Handling & Storage Equipment
To see the full contact details of Armec Ice & Cold Storage 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 Armec Ice & Cold Storage Private Limited
FY 2025 filings availableArmec Ice & Cold Storage Private Limited reported revenue of ₹26,781 for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 57% over five years. 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹26,781 | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹31,343 | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹2.57 Lakh | ||||
| 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -117% | ||||
| Net Profit Margin | |||||
| 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 Armec Ice & Cold Storage Private Limited, buy the company report.
Board of directors of Armec Ice & Cold Storage Private Limited
Armec Ice & Cold Storage has 4 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Dharav Manubhai Maheshwari | Director | 02 Jan 2016 | 10 Years 9 Months | Current |
| Manubhai Devjibhai Harani Also directs: Aayushre Polymers Private Limited, Armec Cooling System Limited | Director | 01 Jul 2025 | 1 Years 3 Months | Current |
| Sonam Dharav Maheshwari Also directs: Armec Cooling System Limited | Director | 02 Jan 2016 | 10 Years 9 Months | Current |
| Hansaben Manubhai Harani Also directs: Armec Cooling System Limited | Director | 01 Jul 2025 | 1 Years 3 Months | Current |
Auditor
Armec Ice & Cold Storage Private Limited is audited by KRUTESH PATEL & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| KRUTESH PATEL & ASSOCIATES | FY 2023 | 100865W |
Shareholding
The shareholding of Armec Ice & Cold Storage 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 Armec Ice & Cold Storage Private Limited, buy the company report.
Legal cases
Armec Ice & Cold Storage Private Limited has 1 court case on record: 1 filed by Armec Ice & Cold Storage. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ahmedabad, Gujarat | Court case (CS CCC) | Filed by the company against Gujarat Electricity Board and 1 other | Disposed |
To see the full case history of Armec Ice & Cold Storage 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 Armec Ice & Cold Storage Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Armec Ice & Cold Storage has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AABCA8231B1ZC | Gujarat | Active | 06 Jan 2025 |
To see the full GST registrations and return filing status of Armec Ice & Cold Storage Private Limited, buy the company report.
Recent activity
Armec Ice & Cold Storage Private Limited has 6 board changes on record since 2016: 4 appointments and 2 cessations. The latest: Hansaben Manubhai Harani was appointed as Director on 01 Jul 2025.
Frequently asked questions
Armec Ice & Cold Storage is an active private limited company based in Ahmedabad, Gujarat, India. The company works in material handling and storage equipment, within the machinery and equipment industry. It was incorporated on 26 February 1998 (28+ years old) and is registered under CIN U74999GJ1998PTC033752.
Armec Ice & Cold Storage has 4 current directors:
- Dharav Manubhai Maheshwari - Director
- Manubhai Devjibhai Harani - Director
- Sonam Dharav Maheshwari - Director
- Hansaben Manubhai Harani - Director
The latest financial statements of Armec Ice & Cold Storage on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 31 July 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Armec Ice & Cold Storage is 24AABCA8231B1ZC, registered in Gujarat.
The CIN (Corporate Identification Number) of Armec Ice & Cold Storage is U74999GJ1998PTC033752. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Armec Ice & Cold Storage has 1 court case on record: 1 filed by the company.
Armec Ice & Cold Storage was incorporated on 26 February 1998, making it 28+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Hansaben Manubhai Harani was appointed as Director on 01 Jul 2025. Manubhai Devjibhai Harani was appointed as Director on 01 Jul 2025. Hansaben Manubhai Harani ceased to be Director on 23 Jan 2016. Armec Ice & Cold Storage has 6 board changes on record in total.
The registered office of Armec Ice & Cold Storage is at Plot No – 7 Pancharatna Industrial Estate Part – 2 Changodar, Ahmedabad, Gujarat, India – 382210.
Armec Ice & Cold Storage operates in the machinery and equipment industry, in the material handling and storage equipment segment.
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