Aartech Solonics Limited

Founded in 1982 and headquartered in Madhya Pradesh, India.

1982 | Bhopal, Madhya Pradesh (India) | Active
Last Updated:

Aartech Solonics Profile

Key Indicators

  • Authorised Capital ₹ 25.00 Cr
  • Paid Up Capital ₹ 15.89 Cr
  • Company Age 42 Year, 7 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 15.00 Cr
  • Satisfied Charges ₹ 10.33 Cr
  • Revenue Growth 30.81%
  • Profit Growth 36.26%
  • Ebitda 193.49%
  • Net Worth 4.84%
  • Total Assets 10.26%

About Aartech Solonics

Aartech Solonics Limited (ASL) is a leading Public Limited Indian Non-Government Company incorporated in India on 24 August 1982 and has a history of 42 years and seven months. Its registered office is in Bhopal, Madhya Pradesh, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 542580.

The Corporate was formerly known as Aartech Solonics Private Limited. The Company is engaged in the Consumer Electronics & Durables 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 25.00 Cr and a paid-up capital of Rs 15.89 Cr.

The company currently has active open charges totaling ₹15.00 Cr. The company has closed loans amounting to ₹10.33 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Aartech Solonics Limited India are Pradeep Narkhede as Cfo, Arati Raje as Ceo, and Khamam Reddy as Company Secretary. Amit Raje, Anil Raje, Prashant Lowlekar, and Three other members serve as directors at the Company.

Company Details

  • Location

    Bhopal, Madhya Pradesh, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    L31200MP1982PLC002030

  • Company No.

    002030

  • Stock Symbol

    BSE : 542580

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    24 Aug 1982

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Listed

  • ROC Code

    Roc Gwalior

Industry

Consumer Electronics & Durables

Who are the key members and board of directors at Aartech Solonics?

Executive Team (4)

NameDesignationAppointment DateStatus
Amit Raje Country flag representing In Managing Director01-Apr-2007Current
Pradeep Narkhede Country flag representing In CFO12-May-2020Current
Arati Raje Country flag representing In CEO12-May-2020Current
Khamam Reddy Company Secretary08-Jun-2018Current

Board Members (5)

NameDesignationAppointment DateStatus
Kshitij Negi Country flag representing In Director 08-Feb-2021Current
Anil Raje Country flag representing In Director 24-Aug-1982Current
Prashant Lowlekar Country flag representing In Director 27-Feb-2018Current
Arati Nath Country flag representing In Director and Ceo 24-Sep-2020Current
Supriya Chitre Country flag representing In Director 23-Mar-2023Current

Financial Performance of Aartech Solonics.

Aartech Solonics Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 30.81% increase. The company also saw a substantial improvement in profitability, with a 36.26% increase in profit. The company's net worth moved up by a moderate rise of 4.84%.

Aartech Solonics revenue growth over time
Aartech Solonics 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
30.81%
Revenue from Operations
32.32%
Total Assets
10.26%
Profit or Loss
36.26%
Net Worth
4.84%
EBITDA
193.49%

What is the Ownership and Shareholding Structure of Aartech Solonics?

In 2022, Aartech Solonics had a promoter holding of 52.38% and a public holding of 47.62%. The company had 2 Subsidiaries. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹15.00 Cr

Satisfied Charges

₹10.33 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 15.00 Cr

Latest Charge Details

DateLenderAmountStatus
25 Nov 2016Hdfc Bank Limited₹14.00 CrOpen
25 Nov 2016Hdfc Bank Limited₹1.00 CrOpen
03 Mar 2015Axis Bank Limited₹3.10 CrSatisfied
02 May 2006Dena Bank₹6.05 CrSatisfied
18 Feb 2005M. P. Financial Corporation₹0.80 MSatisfied

How Many Employees Work at Aartech Solonics?

Aartech Solonics has a workforce of 60 employees as of Apr 08, 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 Aartech Solonics Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Aartech Solonics, 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 Aartech Solonics'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 Aartech Solonics

Recent activity within the organization

  • Annual General Meeting

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

  • Balance Sheet

    Aartech Solonics Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Gwalior.

  • Charges

    A charge with Hdfc Bank Limited of Rs. 14.00 Cr registered on 25 Nov 2016 with Charge ID 100065398 was modified on 26 Dec 2023.

  • Director Appointment

    Kshitij Negi was appointed as a Director was appointed as a Director on 08 Feb 2021 & has been associated with this company since 4 years 1 month .

  • Director Appointment

    Arati Nath was appointed as a Director was appointed as a Director on 24 Sep 2020 & has been associated with this company since 4 years 6 months .

  • Director Appointment

    Prashant Dattatray Lowlekar was appointed as a Director was appointed as a Director on 27 Feb 2018 & has been associated with this company since 7 years 27 days .

Frequently asked questions

  • What is the Incorporation or founding date of Aartech Solonics Limited?

    Aartech Solonics Limited was incorporated on 24 Aug 1982.

  • What is authorized share capital and paid-up capital of Aartech Solonics Limited?

    The authorized share capital of Aartech Solonics Limited is ₹ 25.00 Cr and paid-up capital is ₹ 15.89 Cr.

  • Who are the current board members & directors of Aartech Solonics Limited?

    Currently 9 directors are associated with Aartech Solonics Limited.

    • Amit Anil Raje
    • Anil Anant Raje
    • Prashant Dattatray Lowlekar
    • Arati Nath
    • Kshitij Negi
    • Supriya Sunil Chitre
    • Pradeep Vasant Narkhede
    • Arati Anil Raje
    • Khamam Rammurti Tanuj Reddy

  • What is the registered address of Aartech Solonics Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Aartech Solonics Limited is E-2/57, Ashirvad Arera Colony India, Bhopal, Madhya Pradesh, 462016.

  • What is the corporate identification number (CIN) and company number of Aartech Solonics Limited?

    The corporate identification number (CIN) of Aartech Solonics Limited is L31200MP1982PLC002030 and the company number is 002030 as per Ministry of Corporate Affairs (MCA).

  • Is Aartech Solonics Limited registered with any stock exchange in India?

    Yes, Aartech Solonics Limited is registered on Bombay Stock Exchange (BSE).

  • What is the official website of Aartech Solonics Limited?

    The Official website of Aartech Solonics Limited is https://www.aartechsolonics.com

  • What has been the recent revenue trend for Aartech Solonics Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Aartech Solonics Limited has risen by 30.81%.

  • How many employees does Aartech Solonics Limited currently have?

    As Per 2023 financial reports, 60 employees are currently employed by Aartech Solonics Limited.

  • What change has been observed in the net worth of Aartech Solonics Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Aartech Solonics Limited has experienced an upsurge of 4.84%.

  • What are the total open charges for Aartech Solonics Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Aartech Solonics Limited amount to ₹ 15.00 Cr.

  • When was the last Balance Sheet of Aartech Solonics Limited filed with the ROC?

    The most recent Balance Sheet for Aartech Solonics Limited was filed with the ROC on 31 Mar 2024.

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