Aarkay Innovations Limited

Global trading company specializing in cloth and various products for commercial, industrial, and domestic use.

1994 | Ut, Chandigarh (India) | Active
Last Updated: December 30, 2024

Aarkay Innovations Profile

Key Indicators

  • Authorised Capital ₹ 1.60 M
  • Paid Up Capital ₹ 0.99 M
  • Company Age 30 Year, 1 Month
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 5.78 Cr
  • Satisfied Charges ₹ 2.30 M
  • Revenue Growth 7.23%
  • Profit Growth -96.79%
  • Ebitda 171.34%
  • Net Worth 0.38%
  • Total Assets -14.69%

About Aarkay Innovations

Aarkay Innovations Limited (AIL) is a leading Public Limited Indian Non-Government Company incorporated in India on 30 December 1994 and has a history of 30 years and one month. Its registered office is in Ut, Chandigarh.

The Corporate was formerly known as Gopal Sales Private Limited. The Company is engaged in the Home & Lifestyle 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 1.60 M and a paid-up capital of Rs 0.99 M.

The company currently has active open charges totaling ₹5.78 Cr. The company has closed loans amounting to ₹2.30 M, as per Ministry of Corporate Affairs (MCA) records.

Raj Singal, Surinder Singal, Manish Bansal, and One other member serve as directors at the Company.

Company Details

  • Location Ut, Chandigarh
  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U29219CH1994PLC015527

  • Company No.

    015527

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    30 Dec 1994

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chandigarh

Industry

Home & Lifestyle

What products or services does Aarkay Innovations Limited offer?

Aarkay Innovations Limited offers a wide range of products and services, including Neckties, Bow Ties & Tie Accessories, Ties.

Who are the key members and board of directors at Aarkay Innovations?

Board Members (4)

Name Designation Appointment Date Status
Manish Bansal Country flag representing In Director 28-Sep-2023 Current
Karan Singal Country flag representing In Director 20-Apr-2019 Current
Raj Singal Country flag representing In Director 20-Jul-1996 Current
Surinder Singal Country flag representing In Whole-Time Director 25-May-2009 Current

Financial Performance of Aarkay Innovations.

Aarkay Innovations Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 7.23% increase. The company also saw a substantial fall in profitability, with a 96.79% decrease in profit. The company's net worth moved up by a moderate rise of 0.38%.

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
7.23%
Revenue from Operations
13.55%
Total Assets
-14.69%
Profit or Loss
-96.79%
Net Worth
0.38%
EBITDA
171.34%

What is the Ownership and Shareholding Structure of Aarkay Innovations?

In 2023, Aarkay Innovations 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

₹57.83 M

Satisfied Charges

₹2.30 M

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 5.78 Cr

Latest Charge Details

Date Lender Amount Status
25 Mar 2022 Hdfc Bank Limited ₹3.93 M Open
24 Feb 2007 Hdfc Bank Limited ₹5.39 Cr Open
30 Oct 1999 Corporation Bank ₹0.50 M Satisfied
20 Oct 1999 Corporation Bank ₹1.80 M Satisfied

How Many Employees Work at Aarkay Innovations?

Aarkay Innovations has a workforce of 9 employees as of Mar 23, 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 Aarkay Innovations, 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 Aarkay Innovations'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 Aarkay Innovations

Recent activity within the organization

  • Annual General Meeting

    Aarkay Innovations Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Aarkay Innovations Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chandigarh.

    31 Mar 2024

  • Director Appointment

    Manish Bansal was appointed as a Director was appointed as a Director on 28 Sep 2023 & has been associated with this company since 1 year 4 months .

    28 Sep 2023

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 3.93 M with Charge ID 100570911 was registered on 25 Mar 2022.

    25 Mar 2022

  • Charges

    A charge with Hdfc Bank Limited of Rs. 53.90 M registered on 24 Feb 2007 with Charge ID 10046742 was modified on 23 Sep 2020.

    23 Sep 2020

  • Director Appointment

    Karan Singal was appointed as a Director was appointed as a Director on 20 Apr 2019 & has been associated with this company since 5 years 9 months .

    20 Apr 2019

Frequently asked questions

  • Aarkay Innovations Limited was incorporated on 30 Dec 1994.

  • The authorized share capital of Aarkay Innovations Limited is ₹ 1.60 M and paid-up capital is ₹ 0.99 M.

  • Currently 4 directors are associated with Aarkay Innovations Limited.

    • Raj Kumar Singal
    • Surinder Kumar Singal
    • Manish Bansal
    • Karan Singal
  • As per Ministry of Corporate Affairs (Mca), the registered address of Aarkay Innovations Limited is Sco 15Sector 26 India, Ut, Chandigarh.

  • The corporate identification number (CIN) of Aarkay Innovations Limited is U29219CH1994PLC015527 and the company number is 015527 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Aarkay Innovations Limited has risen by 7.23%.

  • As Per 2023 financial reports, 9 employees are currently employed by Aarkay Innovations Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Aarkay Innovations Limited has experienced an upsurge of 0.38%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Aarkay Innovations Limited amount to ₹ 5.78 Cr.

  • The most recent Balance Sheet for Aarkay Innovations Limited was filed with the ROC on 31 Mar 2024.

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