Promoter holding
64.27%
AL
Aequs Limited - Due diligence report
A 360° intelligence report on Aequs: trust score, financial health, credit view, compliance, directors, growth and distress signals - genera…
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Aequs — 360° Intelligence Report
Generated from MCA filings & public records70/100
Trust Score
Moderate
Aequs is assessed as Moderate with a Trust Score of 70/100. Aequs is an active public limited indian non-government company incorporated in 2000, operating in the Consumer Goods sector. The company has shown revenue growth across its recent filed years. It reported a loss in its latest filed year. Based on MCA filings and public records, it currently shows a moderate compliance risk and moderate financial risk profile.
Report generated on 10 Jul 2026 from the latest processed filings. Aequs Limited snapshot & full profile →
Automated indicators derived from public MCA / GST / EPFO records - not a credit rating, not investment, legal or financial advice. Spotted an inaccuracy? Report an error.
02
Score Card
Higher is safer · rule-based & explainableTrust ScoreModerate
70/100
Overall counterparty trust - the headline number of this report.
Compliance ScoreModerate
68/100
Statutory standing - status, filings, auditor, MSME and litigation.
Financial Health ScoreModerate
50/100
Profitability, leverage and liquidity from filed statements.
Credit Risk ScoreModerate
55/100
Debt capacity, gearing and security cover for lenders.
Director Stability ScoreLow Risk
90/100
Board strength, DIN status, churn and network.
Growth ScoreLow Risk
75/100
Revenue, profit, asset and hiring momentum.
Distress ScoreModerate
60/100
Early-warning signals - higher means fewer warnings.
03
Financial Intelligence Dashboard
Consolidated · 5 filed year(s)Unlock the full 5-year financial dashboard with charts and year-wise figures.
Get full accessScores and observations on this page are already computed from the real filings - only the underlying figures are locked.
04
Credit & Compliance Intelligence
Why the scores are what they are
Credit Risk Score: 55/100 Moderate
- Liabilities ≈ 38% EBITDA - stretched.
- Moderate gearing (D/E 1.42).
- Externally credit-rated (BB+).
Charges position: 2 open (39.00 cr) · 16 satisfied (110.58 cr).
Banking relationships (from registered charges)
| Lender | Charges | Amount |
|---|---|---|
| State Bank Of India | 2 | 48.0 cr |
| Hdfc Bank Limited | 2 | 48.0 cr |
| Others | 2 | 48.0 cr |
| Canara Bank | 1 | 48.0 cr |
| Deckel Maho Pfronten Gmbh | 4 | 48.0 cr |
| Siemens Financial Services Private Limited | 3 | 48.0 cr |
Compliance Score: 68/100 Moderate
- Company status is Active as per MCA.
- Annual filings current (balance sheet Mar 2025).
- Litigation present in 2 court forum(s).
- 1 auditor resignation(s) filed - latest: Price Waterhouse Chartered Accountants LLP on 2024-02-20.
- Delayed payments to MSME suppliers disclosed (32 disclosure(s)).
- 1 active GST registration(s).
Legal cases on record (2)
05
Director Intelligence
Stability score: 90/100| Name | DIN / PAN | Designation | Appointed | Tenure | DIN status |
|---|---|---|---|---|---|
| VIDYA SARATHY | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| RAJEEV KAUL | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| ANUP WADHAWAN | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| AJAY ARAVIND PRABHU | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| ARAVIND SHIVAPUTRAPPA MELLIGERI | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| EBERHARD KLAUS RICHTER | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| Aravind S Melligeri | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| Ravi Mallikarjun Hugar | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| Dinesh Venkatachalam Iyer | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
- 9 directors on the board.
- No disqualified or deactivated DINs.
- 2 director exit(s) in the last 3 years.
- Average tenure above 5 years.
Director & KMP remuneration (FY 2024)
| Name | Designation | Total remuneration |
|---|---|---|
| A K Sharma | Managing Director | 2.4 cr |
| R Mehta | Whole-time Director | 1.6 cr |
| S Iyer | CFO | 95.0 L |
Remuneration is disclosed in the latest annual return. Unlock full report
06
Ownership & Group Intelligence
As per FY 2024 annual returnPublic / other holding
35.73%
Equity shares
12,45,67,890
Equity paid-up
124.5 cr
Promoters on record
4
Ultimate holding entity
-
Subsidiaries
6
Group entities
8
Capital events
37 allotment(s) · 20 transfer(s)
Promoters hold a dominant controlling stake - exact percentages are part of the full report.
| Group entity | Relationship | % held |
|---|---|---|
| Aequs Aero Machine Inc | Subsidiary Company | 74.00% |
| Aequs Aerospace Bv | Subsidiary Company | 74.00% |
| Aequs Aerospace France Sas | Subsidiary Company | 74.00% |
| Aequs Aerospace Llc | Subsidiary Company | 74.00% |
| Aequs Consumer Products Private Limited | Subsidiary Company | 74.00% |
| Aequs Force Technology Company Limited | Subsidiary Company | 74.00% |
| Aequs Holding France Sas | Subsidiary Company | 74.00% |
| Aequs Engineered Plastics Private Limited | Subsidiary Company | 74.00% |
| Aequs Force Consumer Products Private Limited | Subsidiary Company | 74.00% |
| Aequs Material Management Private Limited | Subsidiary Company | 74.00% |
Key managerial personnel: RAJEEV KAUL (Managing Director) · ARAVIND SHIVAPUTRAPPA MELLIGERI (CEO)
Full shareholding pattern, group structure & capital events →
07
Risk Intelligence Center
Growth 75 · Distress 60
Growth signals & trust indicators
Revenue acceleration: +2.1x over 4 year(s).
EPFO headcount growing - hiring signal.
Operating for 26+ years.
Active EPFO - real payroll on record.
Active GST registration(s).
Distress signals & risk flags
Revenue declined year-on-year.
Losses deepening year-on-year.
2 open charge(s) registered - assets are encumbered.
1 auditor resignation(s) on record - review the stated reasons.
MSME payment delays disclosed - latest outstanding 26.64 Lakh.
2 court case(s) on record - see the legal section for details.
08
Stakeholder Verdicts
Vendor · Banker · InvestorVendor due diligence66/100
Review suggested
Suitability as a supplier / customer counterparty.
- Check the compliance flags before onboarding.
- 2 distress signal(s) - see Risk Center.
- Financial filings available for verification.
Banker assessment57/100
Mixed indicators - deeper appraisal suggested
Indicative lending comfort for banks, NBFCs and trade credit.
- Debt capacity assessed from filed statements.
- 2 open charge(s) of 39.00 cr already registered.
- Compliance gaps should be priced into terms.
Investor view65/100
Mixed indicators
Growth quality and scalability through an investor lens.
- 2 growth signal(s) detected.
- Margin and return trends computable from filings.
- Management team looks stable.
09
MCA Filings & Events Timeline
Latest 15 events28 Nov 2025
Charge created
Others - 9.00 cr
30 Sep 2025
Last AGM held
Annual general meeting
14 May 2025
Director appointed
Aravind S Melligeri (Ceo)
13 May 2025
Director appointed
ARAVIND SHIVAPUTRAPPA MELLIGERI (CEO)
12 May 2025
Director ceased
ARAVIND SHIVAPUTRAPPA MELLIGERI
25 Apr 2025
Director appointed
ANUP WADHAWAN (Director)
24 Apr 2025
Director ceased
VIDYA SARATHY
31 Mar 2025
Latest balance sheet
Filed with ROC
31 Jan 2025
Director appointed
VIDYA SARATHY (Director)
12 Nov 2024
Charge satisfied
Hdfc Bank Limited
31 Mar 2024
Share transfer (FY 2024)
1195135.00000000 shares to Anupama Sawkar
Share transfer (FY 2024)
1195135.00000000 shares to Manu Sawkar
Share transfer (FY 2024)
1651924.00000000 shares to Shivshankar Holdings Pvt Ltd
Share transfer (FY 2024)
646885.00000000 shares to Poornima Suresh
Share transfer (FY 2024)
33600.00000000 shares to James Gallo
10
Key Observations
Auto-generated from the data aboveRevenue grew 24% over the last 4 financial year(s).
Net profit margin moved from 0.86 to 61%.
Debt-to-equity stands at 38% - manageable leverage.
Net worth is positive.
9 active director(s) / partner(s); board looks stable and experienced.
1 active GST registration(s) indicate ongoing business operations.
Operates a group structure with 6 subsidiary(ies) - assess on a consolidated basis.
Carries an external credit rating of BB+ from Icra.
EPFO-registered employer - verifiable payroll history exists.
Promoters hold a dominant controlling stake as per the FY 2024 annual return.
Director / KMP remuneration is disclosed in the latest annual return - exact figures available in the full report.
Capital has been raised through 37 security allotment(s) - amounts available in the full report.
17 overseas direct investment(s) (ODI) on record - international footprint.
| Company | CIN | Location |
|---|---|---|
| Inflame Appliances | L74999HP2017PLC006778 | Baddi, Himachal Pradesh, India |
| Elyon Divine Components Private Limited | U29299PN2018PTC180052 | Pune, Maharashtra, India |
| Vibrant Construction Equipments Private Limited | U29219TG2015PTC100066 | Patancheru, Telangana, India |
| Prayas Engineering | U27310GJ1963PLC001222 | Anand, Gujarat, India |
| Gg Automotive Gears | L29130MP1974PLC035049 | Dewas, Madhya Pradesh, India |
| Expo Gas Containers | L40200MH1982PLC027837 | Mumbai, Maharashtra, India |
| Tirupatiforge | L27320GJ2012PLC071594 | Hadamtala, Gujarat, India |
| Jainalco Industries Limited | U51909DL2011PLC219737 | New Delhi, Delhi, India |
12
Who Uses This Report
CA · CS · Banker · Investor · VendorChartered Accountants (CA)
Verify Aequs before audits and certifications: compliance score 68/100, filing history, auditor history and charge records in one place - instead of pulling each MCA form separately.
Company Secretaries (CS)
Track statutory health of Aequs: ACTIVE compliance status, annual-return recency, director DIN status, board churn and the events timeline - the inputs for secretarial audits and due-diligence certificates.
Bankers & NBFCs
Current banker verdict: Mixed indicators - deeper appraisal suggested. Credit risk score 55/100, existing charge position and lender relationships - a first-pass credit memo before formal appraisal.
Investors & Analysts
Investor view: Mixed indicators. Growth score 75/100, margin trends, ownership structure and peer set for Aequs - screening before a deeper diligence.
Vendors & Procurement Teams
Vendor verdict: Review suggested. Trust score 70/100, distress signals and MSME payment-delay disclosures - know whether Aequs pays its suppliers before you extend credit terms.
Lawyers & Compliance Teams
Litigation footprint (2 case(s) on record), regulatory flags, charge documents trail and director networks for Aequs - groundwork for KYC, onboarding and disputes.
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Frequently Asked Questions
Is Aequs an active company?
Aequs has MCA status “Active” with a compliance score of 68/100 (Moderate).
Is Aequs financially healthy?
Aequs has a Financial Health Score of 50/100 (Moderate) based on its filed financial statements.
Should I do business with Aequs?
Its overall Trust Score is 70/100 (Moderate). Vendor verdict: Review suggested. Review the risk flags in the Risk Intelligence Center before deciding.
Who controls Aequs?
Promoters hold a dominant controlling stake - exact percentages are in the full report. 9 active director(s) are on record.
Does Aequs have loans or charges against its assets?
2 open charge(s) are registered against its assets, and 16 earlier charge(s) stand satisfied.
Is Aequs up to date with its ROC filings?
Annual filings current (balance sheet Mar 2025). Overall compliance score: 68/100 (Moderate).
Is it risky to lend to Aequs?
Its Credit Risk Score is 55/100 (Moderate). Banker verdict: Mixed indicators - deeper appraisal suggested.
Disclaimer: This report is generated automatically from MCA filings and public records as available
in our system at the time of the last update. Scores, bands and verdicts are rule-based derived indicators of the
underlying data - they are opinions generated by an algorithm, not statements of fact about the company, and are
not credit ratings (within the meaning of SEBI regulations), audits, or investment, legal or financial advice.
Verify from official sources and consult a qualified professional before any business, lending or investment decision.
If you represent this company and believe any information is inaccurate or outdated,
report it here and we will review promptly.
