Patels Airtemp (India) Limited Company Logo

Patels Airtemp (India) Limited - Company Profile

It is a machinery and equipment public limited company based in Ahmedabad, Gujarat, India, established in 1992.

1992 | Ahmedabad, Gujarat, India | Active
Last Updated:

About Patels Airtemp (India) Limited

Patels Airtemp (India) Limited, a active public limited company, was established on 10 June 1992 in Ahmedabad, Gujarat, India. Engaging in industrial machinery manufacturing within the manufacturing sector, it holds CIN: L29190GJ1992PLC017801. Registered under ROC Roc Ahmedabad. it is listed on BSE: 517417. It has an authorized capital of ₹7.00 Cr and a paid-up capital of ₹5.47 Cr.

It upholds a compliant status. In 2023, it reported revenue of ₹282.80 Cr and a net worth of ₹129.62 Cr. Employing 194 professional, Its leadership includes Apurva Vinubhai Shah (Whole-Time Director), Rajendrakumar Chaturbhai Patel (Director), Shivang Prakashchandra Patel (Whole-Time Director). Past directors included Mahendra Natverlal Soni, Apurva Vinubhai Shah, Rajendrakumar Chaturbhai Patel. It holds ₹293.45 Cr open charges and ₹57.45 Cr settled loans. Its latest AGM occurred on 27 September 2025, with the balance sheet filed on 31 March 2025. It is based at 5Th Floor, Kalpana Complex, Near Memnagar Fire Sta Navrangpura,, Ahmedabad, Gujarat, 380009.

Company Details

  • CIN/LLPIN

    L29190GJ1992PLC017801

  • Registration Number

    017801

  • Incorporation Date

    10 June 1992

  • Authorized Capital

    ₹7.00 Cr

  • Paid-Up Capital

    ₹5.47 Cr

  • ROC Code

    Roc Ahmedabad

  • Listing Status

    Listed (BSE: 517417)

  • Company Status

    Active

Key Indicators

  • Authorised Capital ₹ 7.00 Cr
  • Paid Up Capital ₹ 5.47 Cr
  • Company Age 33 Year, 7 Months
  • Last Filing with ROC 31 Mar 2025
  • Open Charges ₹ 293.45 Cr
  • Satisfied Charges ₹ 57.45 Cr
  • Revenue Growth -7.08%
  • Profit Growth -9.78%
  • Ebitda 6.52%
  • Net Worth 17.16%
  • Total Assets 26.79%
Company report

Patels Airtemp (India) Limited

Company Report FY 2025-2026

Explore comprehensive insights into Patels Airtemp (India) Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Patels Airtemp (India) Limited?

Current Directors

NameDesignationAppointment DateStatus
Apurva Vinubhai ShahWhole-Time Director11 Aug 2018Current
Rajendrakumar Chaturbhai PatelDirector10 Aug 2019Current
Shivang Prakashchandra PatelWhole-Time Director01 Jun 2019Current
Sanjiv Narayanbhai PatelManaging Director30 Sep 2009Current
Naimish Bhanuprasad PatelDirector12 Aug 2023Current
Nidhi Yash PatelDirector29 Mar 2025Current

Past Directors

NameDesignationCessationStatus
Pramod AbcsddCompany Secretary10 Oct 2009Past
Pramod AbcsddAdditional Director11 Aug 2018Past
Pramod AbcsddAdditional Director28 Sep 2019Past
Pramod AbcsddWhole-Time Director14 Jul 2015Past
Pramod AbcsddWhole-Time Director20 May 2015Past
Pramod AbcsddDirector27 Oct 2007Past

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Financial Performance of Patels Airtemp (India).

Patels Airtemp (India) Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 7.08% decrease. The company also saw a slight decrease in profitability, with a 9.78% decrease in profit. The company's net worth Soared by an impressive increase of 17.16%.

Patels Airtemp (India) revenue growth over time
Patels Airtemp (India) profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
-7.08%
Revenue from Operations
-7.17%
Total Assets
26.79%
Profit or Loss
-9.78%
Net Worth
17.16%
EBITDA
6.52%

What is the Ownership and Shareholding Structure of Patels Airtemp (India)?

In 2023, Patels Airtemp (India) had a promoter holding of 46.45% and a public holding of 53.56%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

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Charges (Loans)

Open Charges

₹2,934,500,000.00

Satisfied Charges

₹574,500,000.00

Charges Breakdown by Lending Institutions

  • Others : 260.30 Cr
  • Bank Of Baroda : 29.90 Cr
  • Axis Bank Limited : 3.25 Cr

Latest Charge Details

DateLenderAmountStatus
07 Jan 2022Axis Bank Limited₹3.25 CrOpen
31 Dec 2021Others₹10.92 CrOpen
17 Jan 2015Bank Of Baroda₹6.00 CrOpen
29 Sep 2014Bank Of Baroda₹7.00 MOpen
18 Jul 2012Bank Of Baroda₹8.50 CrOpen

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How Many Employees Work at Patels Airtemp (India)?

Patels Airtemp (India) has a workforce of 194 employees as of Apr 04, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee growth trends for Patels Airtemp (India) Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Patels Airtemp (India), 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 Patels Airtemp (India)'s trajectory.

Rating

Graph displaying rating trends over time

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.

Alerts

Alert Indicator

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.

Latest Updates, News, and FAQs on Patels Airtemp (India)

Recent Activity within the Organization

  • Annual General Meeting

    Patels Airtemp (India) Limited last Annual general meeting of members was held on 27 Sep 2025 as per latest MCA records. was recorded as a recent event.

  • Charges

    A charge with Others of Rs. 249.38 Cr registered on 15 Apr 2004 with Charge ID 90103556 was modified on 28 Jul 2025. was recorded as a recent event.

  • Balance Sheet

    Patels Airtemp (India) Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad. was recorded as a recent event.

  • Director Appointment

    Progress on Nidhi Yash Patel was appointed as a Director was appointed as a Director on 29 Mar 2025 & has been associated with this company since 9 months 14 days . was documented.

  • Director Appointment

    Naimish Bhanuprasad Patel was appointed as a Director was appointed as a Director on 12 Aug 2023 & has been associated with this company since 2 years 5 months . was recorded as a recent event.

  • Charges

    A charge with Axis Bank Limited of Rs. 3.25 Cr registered on 07 Jan 2022 with Charge ID 100527423 was modified on 02 Mar 2022. was recorded as a recent event.

Frequently Asked Questions

  • What is the CIN of Patels Airtemp (India) Limited?

    The CIN of Patels Airtemp (India) Limited is L29190GJ1992PLC017801.

  • Where is Patels Airtemp (India) Limited headquartered?

    Patels Airtemp (India) Limited is headquartered at 5Th Floor, Kalpana Complex, Near Memnagar Fire Sta Navrangpura,, Ahmedabad, Gujarat, 380009.

  • When was Patels Airtemp (India) Limited incorporated?

    Patels Airtemp (India) Limited was incorporated on 10 June 1992.

  • Who are the current directors of Patels Airtemp (India) Limited?

    The current directors of Patels Airtemp (India) Limited are

  • What is the primary industry of Patels Airtemp (India) Limited?

    The primary industry of Patels Airtemp (India) Limited is Manufacturing.

  • Is Patels Airtemp (India) Limited a listed company?

    Patels Airtemp (India) Limited is listed. It is listed on BSE: 517417.

  • What is the capital structure of Patels Airtemp (India) Limited?

    The authorized capital of Patels Airtemp (India) Limited is ₹7.00 Cr, and the paid-up capital is ₹5.47 Cr.

  • What is the compliance status of Patels Airtemp (India) Limited?

    The compliance status of Patels Airtemp (India) Limited is Compliant.

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