Aaravee Distributors Profile
Key Indicators
- Authorised Capital ₹ 5.00 M
- Paid Up Capital ₹ 0.15 M
- Company Age 17 Year, 8 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 9.50 M
- Satisfied Charges ₹ 13.25 Cr
- Revenue Growth -62.85%
- Profit Growth -94.45%
- Ebitda -210.49%
- Net Worth 1.67%
- Total Assets -10.70%
About Aaravee Distributors
Aaravee Distributors Private Limited (ADPL) is a Private Limited Indian Non-Government Company incorporated in India on 06 June 2007 and has a history of 17 years and eight months. Its registered office is in Chandigarh, India.
The Company is engaged in the Trading Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 5.00 M and a paid-up capital of Rs 0.15 M.
The company currently has active open charges totaling ₹9.50 M. The company has closed loans amounting to ₹13.25 Cr, as per Ministry of Corporate Affairs (MCA) records.
Amit Bindroo, Ravinder Mantoo, Pradeep Tailor, and One other member serve as directors at the Company.
Company Details
- Location
Chandigarh, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
-
- Social Media -
Corporate Identity Details
- CIN/LLPIN
U51101CH2007PTC035560
- Company No.
035560
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
06 Jun 2007
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Chandigarh
Industry
Who are the key members and board of directors at Aaravee Distributors?
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Amit Bindroo  | Director | 29-Sep-2014 | Current |
| Ravinder Mantoo | Director | 06-Jun-2007 | Current |
| Pradeep Tailor | Director | 20-Oct-2014 | Current |
| Ravinder Pandit | Director | 01-Apr-2019 | Current |
Financial Performance of Aaravee Distributors.
Aaravee Distributors Private Limited, for the financial year ended 2020, experienced significant reduction in revenue, with a 62.85% decrease. The company also saw a substantial fall in profitability, with a 94.45% decrease in profit. The company's net worth moved up by a moderate rise of 1.67%.
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What is the Ownership and Shareholding Structure of Aaravee Distributors?
In 2018, Aaravee Distributors had a promoter holding of 100.00%. The company had 1 Subsidiary and 2 Associate Companies. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Bhpc Personal Care Private LimitedAmit Bindroo and Pradeep Tailor are mutual person
Invas Technologies Private LimitedAmit Bindroo is a mutual person
Clasico Brands (India) Private LimitedAmit Bindroo and Pradeep Tailor are mutual person
- Global Rubicon Ventures India Private Limited
Amit Bindroo and Pradeep Tailor are mutual person
Charges (Loans)
₹9.50 M
₹132.45 M
Charges Breakdown by Lending Institutions
- Others : 0.95 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 16 Dec 2023 | Others | ₹9.50 M | Open |
| 07 Mar 2019 | Others | ₹7.25 Cr | Satisfied |
| 02 Jul 2018 | Others | ₹4.00 Cr | Satisfied |
| 16 Jan 2015 | Union Bank Of India | ₹2.00 Cr | Satisfied |
How Many Employees Work at Aaravee Distributors?
Aaravee Distributors has a workforce of 53 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Aaravee Distributors, 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 Aaravee Distributors's trajectory.
Rating
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
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.
