Aara Tech Private Limited

IT software development, testing, maintenance, and outsourcing for various industries including banking, logistics, and e-commerce.

2016 | Chennai, Tamil Nadu (India) | Active
Last Updated: December 31, 2024

Aara Tech Profile

Key Indicators

  • Authorised Capital ₹ 6.00 Cr
  • Paid Up Capital ₹ 2.45 Cr
  • Company Age 8 Year, 11 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 1.01 Cr
  • Revenue Growth 0.37%
  • Profit Growth -42.34%
  • Ebitda 30.74%
  • Net Worth 1.30%
  • Total Assets 2.68%

About Aara Tech

Aara Tech Private Limited (ATPL) is a Private Limited Indian Non-Government Company incorporated in India on 26 February 2016 (Eight years and 11 months 12 days old ). Its registered office is in Chennai, Tamil Nadu, India.

The Company is engaged in the Information Technology Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 6.00 Cr and a paid-up capital of Rs 2.45 Cr.

The company currently has active open charges totaling ₹1.01 Cr.

Balamurugan Ramanathan, Krishnasamy Ramanathan, Ganesan Anantharaman, and One other member serve as directors at the Company.

Company Details

  • Location

    Chennai, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U72900TN2016PTC104424

  • Company No.

    104424

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    26 Feb 2016

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Information Technology

Who are the key members and board of directors at Aara Tech?

Board Members (4)

Name Designation Appointment Date Status
Balamurugan Ramanathan Country flag representing In Director 26-Feb-2016 Current
Krishnasamy Ramanathan Country flag representing In Director 30-Apr-2019 Current
Ganesan Anantharaman Country flag representing In Whole-Time Director 03-Nov-2022 Current
Bhavana Balamurugan Country flag representing In Director 15-Nov-2023 Current

Financial Performance of Aara Tech.

Aara Tech Private Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 0.37% increase. The company also saw a substantial fall in profitability, with a 42.34% decrease in profit. The company's net worth moved up by a moderate rise of 1.3%.

Graph illustrating revenue growth over time
Graph showing 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
0.37%
Revenue from Operations
-0.30%
Total Assets
2.68%
Profit or Loss
-42.34%
Net Worth
1.30%
EBITDA
30.74%

What is the Ownership and Shareholding Structure of Aara Tech?

In 2023, Aara Tech had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹1.01 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Dbs Bank Ltd : 1.01 Cr

Latest Charge Details

Date Lender Amount Status
12 Jul 2018 Dbs Bank Ltd ₹1.01 Cr Open

How Many Employees Work at Aara Tech?

Aara Tech has a workforce of 67 employees as of Apr 06, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Aara Tech, 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 Aara Tech'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 Aara Tech

Recent activity within the organization

  • Annual General Meeting

    Aara Tech Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Aara Tech Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.

    31 Mar 2024

  • Director Appointment

    Bhavana Balamurugan was appointed as a Director was appointed as a Director on 15 Nov 2023 & has been associated with this company since 1 year 2 months .

    15 Nov 2023

  • Director Appointment

    Ganesan Anantharaman was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 03 Nov 2022 & has been associated with this company since 2 years 3 months .

    03 Nov 2022

  • Director Appointment

    Krishnasamy Ramanathan was appointed as a Director was appointed as a Director on 30 Apr 2019 & has been associated with this company since 5 years 9 months .

    30 Apr 2019

  • Charges

    A charge with Dbs Bank Ltd amounted to Rs. 1.01 Cr with Charge ID 100209300 was registered on 12 Jul 2018.

    12 Jul 2018

Frequently asked questions

  • Aara Tech Private Limited was incorporated on 26 Feb 2016.

  • The authorized share capital of Aara Tech Private Limited is ₹ 6.00 Cr and paid-up capital is ₹ 2.45 Cr.

  • Currently 4 directors are associated with Aara Tech Private Limited.

    • Balamurugan Ramanathan
    • Krishnasamy Ramanathan
    • Ganesan Anantharaman
    • Bhavana Balamurugan
  • As per Ministry of Corporate Affairs (Mca), the registered address of Aara Tech Private Limited is Unit 3B First Floor Zenith Building Ascendas It Park Ltd. Csir Road, Taramani India, Chennai, Tamil Nadu, 600113.

  • The corporate identification number (CIN) of Aara Tech Private Limited is U72900TN2016PTC104424 and the company number is 104424 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Aara Tech Private Limited is https://www.aaratech.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Aara Tech Private Limited has risen by 0.37%.

  • As Per 2023 financial reports, 67 employees are currently employed by Aara Tech Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Aara Tech Private Limited has experienced an upsurge of 1.30%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Aara Tech Private Limited amount to ₹ 1.01 Cr.

  • The most recent Balance Sheet for Aara Tech Private Limited was filed with the ROC on 31 Mar 2024.

People also Viewed

Similar Companies Based on IT Consulting & Support Services