Aarve Lift Products Profile
Key Indicators
- Authorised Capital ₹ 3.00 Cr
- Paid Up Capital ₹ 2.68 Cr
- Company Age 10 Year, 8 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 3.42 Cr
- Revenue Growth -37.44%
- Profit Growth -59.68%
- Ebitda -7.80%
- Net Worth 4.10%
- Total Assets -8.70%
About Aarve Lift Products
Aarve Lift Products Private Limited (ALPPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 19 August 2014 and has a history of Ten years and eight months. Its registered office is in Chittoor, Andhra Pradesh, India.
The Corporate was formerly known as Ascent Lift Components Private Limited. The Company is engaged in the Machinery And Equipment 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 3.00 Cr and a paid-up capital of Rs 2.68 Cr.
The company currently has active open charges totaling ₹3.42 Cr.
Kovuru Arunachalam and Rajani Subramanyam serve as directors at the Company.
Company Details
- Location
Chittoor, Andhra Pradesh, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U29150AP2014PTC095090
- Company No.
095090
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
19 Aug 2014
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Vijayawada
Industry
Machinery and Equipment
Aarve Lift Products Private Limited
Explore comprehensive data for Aarve Lift Products Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Aarve Lift Products?
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Kovuru Arunachalam  | Director | 19-Aug-2014 | Current |
| Rajani Subramanyam | Director | 19-Aug-2014 | Current |
Financial Performance of Aarve Lift Products.
Aarve Lift Products Private Limited, for the financial year ended 2021, experienced significant reduction in revenue, with a 37.44% decrease. The company also saw a substantial fall in profitability, with a 59.68% decrease in profit. The company's net worth moved up by a moderate rise of 4.1%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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What is the Ownership and Shareholding Structure of Aarve Lift Products?
In 2021, Aarve Lift Products had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Surya Elevators Private LimitedKovuru Arunachalam and Rajani Subramanyam are mutual person
Ridemix Solutions Private LimitedKovuru Arunachalam is a mutual person
Ascent Lifts & Escalators Private LimitedKovuru Arunachalam and Rajani Subramanyam are mutual person
Charges (Loans)
Open Charges
₹3.42 Cr
Satisfied Charges
₹0
Charges Breakdown by Lending Institutions
- Others : 2.92 Cr
- Indian Bank : 0.50 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 25 Jan 2024 | Indian Bank | ₹4.95 M | Open |
| 29 Jul 2020 | Others | ₹4.21 M | Open |
| 14 May 2019 | Others | ₹2.50 Cr | Open |
How Many Employees Work at Aarve Lift Products?
Aarve Lift Products has a workforce of 25 employees as of Apr 05, 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 Aarve Lift Products, 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 Aarve Lift Products'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.
Latest Updates, News, and FAQs on Aarve Lift Products
Recent activity within the organization
- Annual General Meeting
Aarve Lift Products Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Balance Sheet
Aarve Lift Products Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Vijayawada.
- Charges
A charge with Indian Bank amounted to Rs. 0.50 Cr with Charge ID 100878087 was registered on 25 Jan 2024.
- Charges
A charge with Others amounted to Rs. 0.42 Cr with Charge ID 100359401 was registered on 29 Jul 2020.
- Charges
A charge with Others amounted to Rs. 2.50 Cr with Charge ID 100265891 was registered on 14 May 2019.
- Director Appointment
Kovuru Arunachalam was appointed as a Director was appointed as a Director on 19 Aug 2014 & has been associated with this company since 10 years 8 months .
Frequently asked questions
What is the Incorporation or founding date of Aarve Lift Products Private Limited?
Aarve Lift Products Private Limited was incorporated on 19 Aug 2014.
What is authorized share capital and paid-up capital of Aarve Lift Products Private Limited?
The authorized share capital of Aarve Lift Products Private Limited is ₹ 3.00 Cr and paid-up capital is ₹ 2.68 Cr.
Who are the current board members & directors of Aarve Lift Products Private Limited?
Currently 2 directors are associated with Aarve Lift Products Private Limited.
- Kovuru Arunachalam
- Rajani Chalichimala Subramanyam
What is the registered address of Aarve Lift Products Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Aarve Lift Products Private Limited is Sy.No.50/2 Aarve Commercial Hub Pedda Ugini Cross Gandraju Palli, Palamaneru- Bengalu Ru Highway India, Gangavaram Mandal, Andhra Pradesh, 517432.
What is the corporate identification number (CIN) and company number of Aarve Lift Products Private Limited?
The corporate identification number (CIN) of Aarve Lift Products Private Limited is U29150AP2014PTC095090 and the company number is 095090 as per Ministry of Corporate Affairs (MCA).
What is the official website of Aarve Lift Products Private Limited?
The Official website of Aarve Lift Products Private Limited is https://www.aarvelift.com
What has been the recent revenue trend for Aarve Lift Products Private Limited?
According to the financial reports for the fiscal year 2021, the revenue trend for Aarve Lift Products Private Limited has fallen by -37.44%.
How many employees does Aarve Lift Products Private Limited currently have?
As Per 2021 financial reports, 25 employees are currently employed by Aarve Lift Products Private Limited.
What change has been observed in the net worth of Aarve Lift Products Private Limited, and by what percentage?
The financial reports for the fiscal year 2021 indicates that The net worth of Aarve Lift Products Private Limited has experienced an upsurge of 4.10%.
What are the total open charges for Aarve Lift Products Private Limited?
As per the financial statements for fiscal Year 2021, The total open charges for Aarve Lift Products Private Limited amount to ₹ 3.42 Cr.
When was the last Balance Sheet of Aarve Lift Products Private Limited filed with the ROC?
The most recent Balance Sheet for Aarve Lift Products Private Limited was filed with the ROC on 31 Mar 2024.
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