Aartech Solonics Profile
Key Indicators
- Authorised Capital ₹ 25.00 Cr
as on 16-11-2024
- Paid Up Capital ₹ 15.89 Cr
as on 16-11-2024
- Company Age 42 Year, 4 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 15.00 Cr
as on 16-11-2024
- Satisfied Charges ₹ 10.33 Cr
as on 16-11-2024
- Revenue 30.81%
(FY 2023)
- Profit 36.26%
(FY 2023)
- Ebitda 193.49%
(FY 2023)
- Net Worth 4.84%
(FY 2023)
- Total Assets 10.26%
(FY 2023)
About Aartech Solonics
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.
- 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
Company Details
- Location
Bhopal, Madhya Pradesh, India
- Telephone
- Email Address
- Website
- Social Media
Who are the key members and board of directors at Aartech Solonics?
Executive Team (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Amit Raje  | Managing Director | 01-Apr-2007 | Current |
| Pradeep Narkhede | CFO | 12-May-2020 | Current |
| Arati Raje | CEO | 12-May-2020 | Current |
| Khamam Reddy | Company Secretary | 08-Jun-2018 | Current |
Board Members(5)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Kshitij Negi | Director | 08-Feb-2021 | Current |
| Anil Raje | Director | 24-Aug-1982 | Current |
| Prashant Lowlekar | Director | 27-Feb-2018 | Current |
| Arati Nath | Director and Ceo | 24-Sep-2020 | Current |
| Supriya Chitre | Director | 23-Mar-2023 | Current |
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%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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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.
Related Corporates (Common Directorship)
Faradigm Ultracapacitors Private LimitedActive 7 years 4 monthsAmit Raje, Anil Raje and 1 more are mutual person
Aic- Aartech Solonics Private LimitedActive 7 years 7 monthsAmit Raje, Anil Raje and 1 more are mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Hdfc Bank Limited Creation Date: 25 Nov 2016 | ₹14.00 Cr | Open |
Hdfc Bank Limited Creation Date: 25 Nov 2016 | ₹1.00 Cr | Open |
Axis Bank Limited Creation Date: 03 Mar 2015 | ₹3.10 Cr | Satisfied |
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.
Deals i
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
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.
