Aarvee Denims And Exports Ltd

Manufactures denim fabrics with in-house yarn production and local sourcing options.

1988 | Ahmedabad, Gujarat (India) | Active
Last Updated:

Aarvee Denims And Exports Profile

Key Indicators

  • Authorised Capital ₹ 50.00 Cr
  • Paid Up Capital ₹ 23.46 Cr
  • Company Age 36 Year, 11 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 282.12 Cr
  • Satisfied Charges ₹ 760.18 Cr
  • Revenue Growth -37.93%
  • Profit Growth -57.04%
  • Ebitda -172.59%
  • Net Worth -51.40%
  • Total Assets -16.03%

About Aarvee Denims And Exports

Aarvee Denims And Exports Ltd (ADAEL) is a leading Public Limited Indian Non-Government Company incorporated in India on 28 March 1988 and has a history of 36 years and 11 months. Its registered office is in Ahmedabad, Gujarat, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 514274 and on the National Stock Exchange(NSE) under BE : AARVEEDEN.

The Corporate was formerly known as Amtex India Private Limited. The Company is engaged in the Manufacturing 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 50.00 Cr and a paid-up capital of Rs 23.46 Cr.

The company currently has active open charges totaling ₹282.12 Cr. The company has closed loans amounting to ₹760.18 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Aarvee Denims And Exports Ltd India are Abira Mansuri as COMPANY SECRETARY and Ketan Desai as Cfo. Ankit Mittal, Aartiben Thakkar, Hiten Parikh, and Five other members serve as directors at the Company.

Company Details

  • Location

    Ahmedabad, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    L17110GJ1988PLC010504

  • Company No.

    010504

  • Stock Symbol

    BSE : 514274 NSE : BE : AARVEEDEN

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    28 Mar 1988

  • Date of AGM

    28 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Listed

  • ROC Code

    Roc Ahmedabad

Industry

Manufacturing

What products or services does Aarvee Denims And Exports Ltd offer?

Aarvee Denims And Exports Ltd offers a wide range of products and services, including Apparel Fabrics & Clothing Textiles, Apparel Denim Fabric, Men Shirts, Jeans & Clothing, Men Lower.

Company report

Aarvee Denims And Exports Ltd

Explore comprehensive data for Aarvee Denims And Exports Ltd, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Aarvee Denims And Exports?

Executive Team (4)

NameDesignationAppointment DateStatus
Abira Mansuri Country flag representing In Company Secretary29-Aug-2023Current
Ketan Desai CFO07-Jan-2020Current
Ashish Shah Country flag representing In Managing Director28-Mar-1988Current
Vinod Arora Country flag representing In Managing Director01-Oct-2010Current

Board Members (6)

NameDesignationAppointment DateStatus
Ankit Mittal Country flag representing In Director 01-Apr-2024Current
Aartiben Thakkar Country flag representing In Director 14-Nov-2019Current
Hiten Parikh Country flag representing In Director 01-Apr-2024Current
Nipun Arora Country flag representing In Whole-Time Director 11-Aug-2018Current
Kandarp Trivedi Country flag representing In Director 01-Apr-2024Current
Kalpesh Shah Country flag representing In Whole-Time Director 01-Oct-2010Current

Financial Performance of Aarvee Denims And Exports.

Aarvee Denims And Exports Ltd, for the financial year ended 2023, experienced significant reduction in revenue, with a 37.93% decrease. The company also saw a substantial fall in profitability, with a 57.04% decrease in profit. The company's net worth observed a substantial decline by a decrease of 51.4%.

Aarvee Denims And Exports revenue growth over time
Aarvee Denims And Exports 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
-37.93%
Revenue from Operations
-38.04%
Total Assets
-16.03%
Profit or Loss
-57.04%
Net Worth
-51.40%
EBITDA
-172.59%

What is the Ownership and Shareholding Structure of Aarvee Denims And Exports?

In 2022, Aarvee Denims And Exports had a promoter holding of 65.80% and a public holding of 34.20%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹282.12 Cr

Satisfied Charges

₹760.18 Cr

Charges Breakdown by Lending Institutions

  • Others : 271.48 Cr
  • Tata Capital Financial Services Limited : 10.64 Cr

Latest Charge Details

DateLenderAmountStatus
21 May 2021Tata Capital Financial Services Limited₹6.40 MOpen
04 Jun 2016Tata Capital Financial Services Limited₹10.00 CrOpen
09 Jan 2014Others₹271.48 CrOpen
27 Apr 2017Hdfc Bank Limited₹0.60 MSatisfied
27 Apr 2017Hdfc Bank Limited₹0.60 MSatisfied

How Many Employees Work at Aarvee Denims And Exports?

Aarvee Denims And Exports has a workforce of 383 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.

Employee growth trends for Aarvee Denims And Exports Ltd

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Aarvee Denims And Exports, 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 Aarvee Denims And Exports'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 Aarvee Denims And Exports

Recent activity within the organization

  • Charges

    A charge with Others of Rs. 271.48 Cr registered on 09 Jan 2014 with Charge ID 10474951 was modified on 07 Oct 2024.

  • Annual General Meeting

    Aarvee Denims And Exports Ltd last Annual general meeting of members was held on 28 Sep 2024 as per latest MCA records.

  • Charges

    A charge registered on 27 Apr 2017 via Charge ID 100095764 with Hdfc Bank Limited was fully satisfied on 18 Jun 2024.

  • Charges

    A charge registered on 27 Apr 2017 via Charge ID 100095793 with Hdfc Bank Limited was fully satisfied on 18 Jun 2024.

  • Charges

    A charge registered on 27 Apr 2017 via Charge ID 100095795 with Hdfc Bank Limited was fully satisfied on 18 Jun 2024.

  • Director Appointment

    Ankit Naresh Mittal was appointed as a Director was appointed as a Director on 01 Apr 2024 & has been associated with this company since 11 months 23 days .

Frequently asked questions

  • What is the Incorporation or founding date of Aarvee Denims And Exports Ltd?

    Aarvee Denims And Exports Ltd was incorporated on 28 Mar 1988.

  • What is authorized share capital and paid-up capital of Aarvee Denims And Exports Ltd?

    The authorized share capital of Aarvee Denims And Exports Ltd is ₹ 50.00 Cr and paid-up capital is ₹ 23.46 Cr.

  • Who are the current board members & directors of Aarvee Denims And Exports Ltd?

    Currently 10 directors are associated with Aarvee Denims And Exports Ltd.

    • Abira Idris Mansuri
    • Ketan Uttamchand Desai
    • Ankit Naresh Mittal
    • Aartiben Pravinbhai Thakkar
    • Hiten Mukundbhai Parikh
    • Nipun Vinodkumar Arora
    • Kandarp Gajendra Trivedi
    • Kalpesh Virendrabhai Shah
    • Ashish Virendrabhai Shah
    • Vinod Parmanand Arora

  • What is the registered address of Aarvee Denims And Exports Ltd?

    As per Ministry of Corporate Affairs (Mca), the registered address of Aarvee Denims And Exports Ltd is 191 Shahwadi Near Old Octroi Naka Narol Sarkhej Highway, India, Ahmedabad, Gujarat, 382405.

  • What is the corporate identification number (CIN) and company number of Aarvee Denims And Exports Ltd?

    The corporate identification number (CIN) of Aarvee Denims And Exports Ltd is L17110GJ1988PLC010504 and the company number is 010504 as per Ministry of Corporate Affairs (MCA).

  • Is Aarvee Denims And Exports Ltd registered with any stock exchange in India?

    Yes, Aarvee Denims And Exports Ltd is registered on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE): BE : AARVEEDEN.

  • What is the official website of Aarvee Denims And Exports Ltd?

    The Official website of Aarvee Denims And Exports Ltd is https://www.aarveedenims.com

  • What has been the recent revenue trend for Aarvee Denims And Exports Ltd?

    According to the financial reports for the fiscal year 2023, the revenue trend for Aarvee Denims And Exports Ltd has fallen by -37.93%.

  • How many employees does Aarvee Denims And Exports Ltd currently have?

    As Per 2023 financial reports, 383 employees are currently employed by Aarvee Denims And Exports Ltd.

  • What change has been observed in the net worth of Aarvee Denims And Exports Ltd, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Aarvee Denims And Exports Ltd has experienced an downturn of -51.40%.

  • What are the total open charges for Aarvee Denims And Exports Ltd?

    As per the financial statements for fiscal Year 2023, The total open charges for Aarvee Denims And Exports Ltd amount to ₹ 282.12 Cr.

  • When was the last Balance Sheet of Aarvee Denims And Exports Ltd filed with the ROC?

    The most recent Balance Sheet for Aarvee Denims And Exports Ltd was filed with the ROC on 31 Mar 2024.

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