Aarvee Denims And Exports Profile
Key Indicators
- Authorised Capital ₹ 50.00 Cr
- Paid Up Capital ₹ 23.46 Cr
- Company Age 36 Year, 10 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 ten 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
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.
Who are the key members and board of directors at Aarvee Denims And Exports?
Executive Team (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Abira Mansuri  | Company Secretary | 29-Aug-2023 | Current |
| Ketan Desai | CFO | 07-Jan-2020 | Current |
| Ashish Shah | Managing Director | 28-Mar-1988 | Current |
| Vinod Arora | Managing Director | 01-Oct-2010 | Current |
Board Members (6)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Ankit Mittal | Director | 01-Apr-2024 | Current |
| Aartiben Thakkar | Director | 14-Nov-2019 | Current |
| Hiten Parikh | Director | 01-Apr-2024 | Current |
| Nipun Arora | Whole-Time Director | 11-Aug-2018 | Current |
| Kandarp Trivedi | Director | 01-Apr-2024 | Current |
| Kalpesh Shah | Whole-Time Director | 01-Oct-2010 | Current |
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%.
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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.
Related Corporates (Common Directorship)
Crystal Ceramic Industries LimitedKandarp Trivedi is a mutual person
Amazoone Ceramics LimitedKandarp Trivedi is a mutual person
Asian Granito India LimitedKandarp Trivedi is a mutual person
Expertela Private LimitedAnkit Mittal is a mutual person
- Italia Ceramics Limited
Hiten Parikh is a mutual person
- Twenty First Century Marketing Limited
Nipun Arora and Vinod Arora are mutual person
Charges (Loans)
₹282.12 Cr
₹760.18 Cr
Charges Breakdown by Lending Institutions
- Others : 271.48 Cr
- Tata Capital Financial Services Limited : 10.64 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 21 May 2021 | Tata Capital Financial Services Limited | ₹6.40 M | Open |
| 04 Jun 2016 | Tata Capital Financial Services Limited | ₹10.00 Cr | Open |
| 09 Jan 2014 | Others | ₹271.48 Cr | Open |
| 27 Apr 2017 | Hdfc Bank Limited | ₹0.60 M | Satisfied |
| 27 Apr 2017 | Hdfc Bank Limited | ₹0.60 M | Satisfied |
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.
Deals i
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
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
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