Aarvi Encon Profile
Key Indicators
- Authorised Capital ₹ 20.00 Cr
- Paid Up Capital ₹ 14.78 Cr
- Company Age 37 Year, 3 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 72.50 Cr
- Satisfied Charges ₹ 16.24 Cr
- Revenue Growth 39.38%
- Profit Growth 14.68%
- Ebitda 28.67%
- Net Worth 14.57%
- Total Assets 6.55%
About Aarvi Encon
Aarvi Encon Limited (AEL) is a leading Public Limited Indian Non-Government Company incorporated in India on 03 December 1987 and has a history of 37 years and three months. Its registered office is in Mumbai, Maharashtra, India.
It is listed on the National Stock Exchange(NSE) under the ticker symbol AARVI.
The Corporate was formerly known as Aarvi Encon P Limited. The Company is engaged in the Business Outsourcing 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 20.00 Cr and a paid-up capital of Rs 14.78 Cr.
The company currently has active open charges totaling ₹72.50 Cr. The company has closed loans amounting to ₹16.24 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Aarvi Encon Limited India are Jaydev Sanghavi as CFO and Leela Bisht as Company Secretary. Devendra Shrimanker, Jaydev Sanghavi, Virendra Sanghavi, and Three other members serve as directors at the Company.
Company Details
- Location
Mumbai, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
L29290MH1987PLC045499
- Company No.
045499
- Stock Symbol
NSE : AARVI
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
03 Dec 1987
- Date of AGM
02 Aug 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Listed
- ROC Code
Roc Mumbai
Industry
Business Outsourcing
What products or services does Aarvi Encon Limited offer?
Aarvi Encon Limited offers a wide range of products and services, including Architectural & Civil Engineering, Civil Engineering Service, Electrical & Electronic Goods Repair, Solar Power Plant Installation, HR & Manpower Recruitment Solutions, Engineering Jobs, Agricultural & Farm Consultants, Agricultural Testing Service, Graduation & High Education Programs, Medical Educational Service.
Who are the key members and board of directors at Aarvi Encon?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Virendra Sanghavi  | Managing Director | 03-Dec-1987 | Current |
| Jaydev Sanghavi | CFO | 05-Jun-2017 | Current |
| Leela Bisht | Company Secretary | 03-Jun-2021 | Current |
Board Members (5)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Padma Devarajan | Director | 01-Feb-2018 | Current |
| Jaydev Sanghavi | Director and Cfo | 09-Nov-2005 | Current |
| Devendra Shrimanker | Director | 03-Jun-2017 | Current |
| Sonal Doshi | Director | 03-Jun-2017 | Current |
| Ramamoorthy Ramachandran | Director | 04-Mar-2023 | Current |
Financial Performance of Aarvi Encon.
Aarvi Encon Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 39.38% increase. The company also saw a substantial improvement in profitability, with a 14.68% increase in profit. The company's net worth Soared by an impressive increase of 14.57%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Aarvi Encon?
In 2023, Aarvi Encon had a promoter holding of 73.47% and a public holding of 26.53%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Energyjobz Services Private LimitedJaydev Sanghavi is a mutual person
Marathon Nextgen Realty LimitedDevendra Shrimanker is a mutual person
Citadel Realty And Developers LimitedDevendra Shrimanker is a mutual person
- Aarvi Engineering & Consultants Private Limited
Jaydev Sanghavi and Virendra Sanghavi are mutual person
Beetle Ventures Private LimitedJaydev Sanghavi is a mutual person
Ict-Nice Venture Incubator And FoundationDevendra Shrimanker and Padma Devarajan are mutual person
Charges (Loans)
Open Charges
₹72.50 Cr
Satisfied Charges
₹16.24 Cr
Charges Breakdown by Lending Institutions
- Yes Bank Limited : 37.50 Cr
- The Hongkong And Shanghai Banking Corporation Limited : 15.00 Cr
- Hdfc Bank Limited : 15.00 Cr
- Others : 5.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 23 May 2024 | Others | ₹5.00 Cr | Open |
| 15 Sep 2020 | Hdfc Bank Limited | ₹15.00 Cr | Open |
| 15 Nov 2018 | The Hongkong And Shanghai Banking Corporation Limited | ₹15.00 Cr | Open |
| 02 Sep 2007 | Yes Bank Limited | ₹37.50 Cr | Open |
| 12 Dec 2018 | The Hongkong And Shanghai Banking Corporation Limited | ₹2.00 Cr | Satisfied |
How Many Employees Work at Aarvi Encon?
Aarvi Encon has a workforce of 4807 employees as of Mar 29, 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 Aarvi Encon, 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 Aarvi Encon'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 Aarvi Encon
Recent activity within the organization
- Annual General Meeting
Aarvi Encon Limited last Annual general meeting of members was held on 02 Aug 2024 as per latest MCA records.
- Charges
A charge with Others amounted to Rs. 5.00 Cr with Charge ID 100934667 was registered on 23 May 2024.
- Balance Sheet
Aarvi Encon Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
- Charges
A charge with Yes Bank Limited of Rs. 37.50 Cr registered on 02 Sep 2007 with Charge ID 10080753 was modified on 30 Jan 2024.
- Director Appointment
Ramamoorthy Ramachandran was appointed as a Director was appointed as a Director on 04 Mar 2023 & has been associated with this company since 2 years 8 days .
- Charges
A charge with Hdfc Bank Limited of Rs. 15.00 Cr registered on 15 Sep 2020 with Charge ID 100379672 was modified on 05 Jan 2023.
Recent News, Updates & Announcement
Aarvi Encon ventures into IT Staffing Solutions space.The firm will cover traditional IT skills as well as emerging technology requirements for the benefit of both startups and larger enterprises. .
- Aarvi Encon announced partnership with Saifee Hospital to provide free emergency treatment for accident victims.
The partnership between Aarvi Encon and Saifee Hospital will carry out free emergency treatment of patients and provide medication at subsidised rates.
Frequently asked questions
What is the Incorporation or founding date of Aarvi Encon Limited?
Aarvi Encon Limited was incorporated on 03 Dec 1987.
What is authorized share capital and paid-up capital of Aarvi Encon Limited?
The authorized share capital of Aarvi Encon Limited is ₹ 20.00 Cr and paid-up capital is ₹ 14.78 Cr.
Who are the current board members & directors of Aarvi Encon Limited?
Currently 8 directors are associated with Aarvi Encon Limited.
- Devendra Jashwantrai Shrimanker
- Jaydev Virendra Sanghavi
- Virendra Dalpatram Sanghavi
- Sonal Nitin Doshi
- Ramamoorthy Ramachandran
- Padma Venkitachalam Devarajan
- Jaydev Virendra Sanghavi
- Leela Sobansingh Bisht
What is the registered address of Aarvi Encon Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Aarvi Encon Limited is 603 B1 Wing Marathon Innova Nextgen Complex, Lower Parel(W) India, Mumbai, Maharashtra, 400013.
What is the corporate identification number (CIN) and company number of Aarvi Encon Limited?
The corporate identification number (CIN) of Aarvi Encon Limited is L29290MH1987PLC045499 and the company number is 045499 as per Ministry of Corporate Affairs (MCA).
Is Aarvi Encon Limited registered with any stock exchange in India?
Yes, Aarvi Encon Limited is registered on National Stock Exchange (NSE).
What is the official website of Aarvi Encon Limited?
The Official website of Aarvi Encon Limited is https://www.aarviencon.com
What has been the recent revenue trend for Aarvi Encon Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Aarvi Encon Limited has risen by 39.38%.
How many employees does Aarvi Encon Limited currently have?
As Per 2023 financial reports, 4807 employees are currently employed by Aarvi Encon Limited.
What change has been observed in the net worth of Aarvi Encon Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Aarvi Encon Limited has experienced an upsurge of 14.57%.
What are the total open charges for Aarvi Encon Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Aarvi Encon Limited amount to ₹ 72.50 Cr.
When was the last Balance Sheet of Aarvi Encon Limited filed with the ROC?
The most recent Balance Sheet for Aarvi Encon Limited was filed with the ROC on 31 Mar 2024.
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