Aaron Industries Ltd Share Price

Aaron Industries Limited was incorporated as a Private Limited Company with the name 'Aaron Industries Private Limited' on October 23, 2013. The Company converted from a Private Limited Company into a Public Limited Company and name was changed to Aaron Industries Limited on January 29, 2018. The Company was founded by Mr. Amar Chinubhai Doshi in year 2013 as a separate entity for elevator industry to provide exceptional design in elevator cabins and started as group Company of MOTI Group. Moti Group started with manufacturing of Iron Clad Switches at Surat in 1961 by Mr. Chinubhai Doshi, father of Promoter, Mr. Amar Chinubhai Doshi. Mr. Amar C Doshi started new venture named as 'Aaron Industries Private Limited' in 2013 for manufacturing and trading of Elevator products and other elevator parts with continuation of existing business also. Currently the company is providing all Elevator product and parts under one roof. It includes Elevator cabins, doors, frame, Header, Traction Machine and etc. From designing ultra-modern, up-to-the-mark cabins for luxurious properties-residential as well as commercials, the company gives its customers as artistic edge that enhances their property and provide customer satisfaction. Aaron Industries Limited, as a manufacturer of elevator cabins, auto door systems, elevator components and trading of traction machines, has strategically positioned itself in the midsegment category, targeting small-to-medium developers across India. Additionally, the demand for hospital elevators and elevators in Tier 2/3 cities is gaining momentum, providing a broader market base for the Company. In August 2018, the Company came up with a Public Issue of 12,57,000 equity shares by raising capital from public aggregating to Rs 4.78 Crore. The Unit -3 was commissioned in April 2025. The Company ramped up its Unit 3 manufacturing plant at Kosamba, Surat in 2026.