Aarush Devcon Profile
Key Indicators
- Authorised Capital ₹ 1.00 Cr
- Paid Up Capital ₹ 1.65 M
- Company Age 13 Year, 6 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 5.80 M
- Satisfied Charges ₹ 2.25 Cr
- Revenue Growth -30.96%
- Profit Growth -82.40%
- Ebitda 19.27%
- Net Worth 0.36%
- Total Assets -6.12%
About Aarush Devcon
Aarush Devcon Private Limited (ADPL) is a Private Limited Indian Non-Government Company incorporated in India on 11 August 2011 and has a history of 13 years and six months. Its registered office is in Indore, Madhya Pradesh, India.
The Corporate was formerly known as Arush Devcon Private Limited. The Company is engaged in the Real Estate And Construction 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 1.00 Cr and a paid-up capital of Rs 1.65 M.
The company currently has active open charges totaling ₹5.80 M. The company has closed loans amounting to ₹2.25 Cr, as per Ministry of Corporate Affairs (MCA) records.
Amit Dave and Baldevprasad Mehta serve as directors at the Company.
Company Details
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Location
Indore, Madhya Pradesh, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media-
Corporate Identity Details
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CIN/LLPIN
U70100MP2011PTC026569
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Company No.
026569
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
11 Aug 2011
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Date of AGM
30 Sep 2024
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Date of Balance Sheet
31 Mar 2024
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Listing Status
Unlisted
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ROC Code
Roc Gwalior
Industry
What products or services does Aarush Devcon Private Limited offer?
Aarush Devcon Private Limited offers a wide range of products and services, including Residential Construction Projects, House Construction Services.
Who are the key members and board of directors at Aarush Devcon?
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Amit Dave
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Director | 11-Aug-2011 | Current |
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Baldevprasad Mehta
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Director | 15-Jan-2022 | Current |
Financial Performance of Aarush Devcon.
Aarush Devcon Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 30.96% decrease. The company also saw a substantial fall in profitability, with a 82.4% decrease in profit. The company's net worth moved up by a moderate rise of 0.36%.
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What is the Ownership and Shareholding Structure of Aarush Devcon?
In 2021, Aarush Devcon had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Charges (Loans)
₹0.58 Cr
₹2.25 Cr
Charges Breakdown by Lending Institutions
- Axis Bank Limited : 0.45 Cr
- State Bank Of India : 0.13 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 03 Apr 2019 | Axis Bank Limited | ₹4.50 M | Open |
| 11 Mar 2016 | State Bank Of India | ₹1.30 M | Open |
| 15 Jan 2014 | Madhya Pradesh Financial Institution | ₹2.25 Cr | Satisfied |
How Many Employees Work at Aarush Devcon?
Unlock and access historical data on people associated with Aarush Devcon, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Aarush Devcon, 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 Aarush Devcon'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.
