Aarve Lift Products Profile
Key Indicators
- Authorised Capital ₹ 3.00 Cr
as on 09-01-2025
- Paid Up Capital ₹ 2.68 Cr
as on 09-01-2025
- Company Age 10 Year, 4 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 3.42 Cr
as on 09-01-2025
- Revenue -37.44%
(FY 2021)
- Profit -59.68%
(FY 2021)
- Ebitda -7.80%
(FY 2021)
- Net Worth 4.10%
(FY 2021)
- Total Assets -8.70%
(FY 2021)
About Aarve Lift Products
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.
- 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
Company Details
- Location
Chittoor, Andhra Pradesh, India
- Telephone
- Email Address
- Website
- Social Media-
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
- Ratios
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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 LimitedActive 19 years 3 monthsKovuru Arunachalam and Rajani Subramanyam are mutual person
Ascent Lifts & Escalators Private LimitedActive 12 years 11 monthsKovuru Arunachalam and Rajani Subramanyam are mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Indian Bank Creation Date: 25 Jan 2024 | ₹4.95 M | Open |
Others Creation Date: 29 Jul 2020 | ₹4.21 M | Open |
Others Creation Date: 14 May 2019 | ₹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.
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