Aaravee Distributors Private Limited

This company trades electrical equipment, agricultural raw materials, food, beverages, textiles, and more.

2007 | Chandigarh (India) | Active
Last Updated:

Aaravee Distributors Profile

Key Indicators

  • Authorised Capital ₹ 5.00 M
  • Paid Up Capital ₹ 0.15 M
  • Company Age 17 Year, 9 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 nine 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

Trading

Who are the key members and board of directors at Aaravee Distributors?

Board Members (4)

NameDesignationAppointment DateStatus
Amit Bindroo Country flag representing In Director 29-Sep-2014Current
Ravinder Mantoo Country flag representing In Director 06-Jun-2007Current
Pradeep Tailor Country flag representing In Director 20-Oct-2014Current
Ravinder Pandit Country flag representing In Director 01-Apr-2019Current

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%.

Aaravee Distributors revenue growth over time
Aaravee Distributors 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
-62.85%
Revenue from Operations
-43.74%
Total Assets
-10.70%
Profit or Loss
-94.45%
Net Worth
1.67%
EBITDA
-210.49%

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.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹9.50 M

Satisfied Charges

₹132.45 M

Charges Breakdown by Lending Institutions

  • Others : 0.95 Cr

Latest Charge Details

DateLenderAmountStatus
16 Dec 2023Others₹9.50 MOpen
07 Mar 2019Others₹7.25 CrSatisfied
02 Jul 2018Others₹4.00 CrSatisfied
16 Jan 2015Union Bank Of India₹2.00 CrSatisfied

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.

Employee growth trends for Aaravee Distributors Private Limited

Deals i

Graph showing company valuation over time

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

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 Aaravee Distributors

Recent activity within the organization

  • Charges

    A charge with Others amounted to Rs. 9.50 M with Charge ID 100851638 was registered on 16 Dec 2023.

  • Annual General Meeting

    Aaravee Distributors Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

  • Balance Sheet

    Aaravee Distributors Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chandigarh.

  • Charges

    A charge registered on 07 Mar 2019 via Charge ID 100249824 with Others was fully satisfied on 17 Oct 2021.

  • Charges

    A charge registered on 02 Jul 2018 via Charge ID 100191284 with Others was fully satisfied on 29 Nov 2019.

  • Director Appointment

    Ravinder Pandit was appointed as a Director was appointed as a Director on 01 Apr 2019 & has been associated with this company since 5 years 11 months .

Frequently asked questions

  • What is the Incorporation or founding date of Aaravee Distributors Private Limited?

    Aaravee Distributors Private Limited was incorporated on 06 Jun 2007.

  • What is authorized share capital and paid-up capital of Aaravee Distributors Private Limited?

    The authorized share capital of Aaravee Distributors Private Limited is ₹ 5.00 M and paid-up capital is ₹ 0.15 M.

  • Who are the current board members & directors of Aaravee Distributors Private Limited?

    Currently 4 directors are associated with Aaravee Distributors Private Limited.

    • Amit Bindroo
    • Ravinder Kumar Mantoo
    • Pradeep Dalpatram Tailor
    • Ravinder Pandit

  • What is the registered address of Aaravee Distributors Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Aaravee Distributors Private Limited is House No. 37, Second Floor Sector 18/A India, Chandigarh, 160018.

  • What is the corporate identification number (CIN) and company number of Aaravee Distributors Private Limited?

    The corporate identification number (CIN) of Aaravee Distributors Private Limited is U51101CH2007PTC035560 and the company number is 035560 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for Aaravee Distributors Private Limited?

    According to the financial reports for the fiscal year 2020, the revenue trend for Aaravee Distributors Private Limited has fallen by -62.85%.

  • How many employees does Aaravee Distributors Private Limited currently have?

    As Per 2020 financial reports, 53 employees are currently employed by Aaravee Distributors Private Limited.

  • What change has been observed in the net worth of Aaravee Distributors Private Limited, and by what percentage?

    The financial reports for the fiscal year 2020 indicates that The net worth of Aaravee Distributors Private Limited has experienced an upsurge of 1.67%.

  • What are the total open charges for Aaravee Distributors Private Limited?

    As per the financial statements for fiscal Year 2020, The total open charges for Aaravee Distributors Private Limited amount to ₹ 9.50 M.

  • When was the last Balance Sheet of Aaravee Distributors Private Limited filed with the ROC?

    The most recent Balance Sheet for Aaravee Distributors Private Limited was filed with the ROC on 31 Mar 2023.

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