Arakal Textile Trade Private Limited

Textile trading company offering a variety of towels, bed covers, and cloth products.

1996 | Solapur, Maharashtra (India) | Active
Last Updated: December 15, 2024

Arakal Textile Trade Profile

Key Indicators

  • Authorised Capital ₹ 2.50 M
  • Paid Up Capital ₹ 1.48 M
  • Company Age 28 Year, 11 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 4.25 Cr
  • Satisfied Charges ₹ 5.00 M
  • Revenue Growth 34.20%
  • Profit Growth 60.12%
  • Ebitda 17.39%
  • Net Worth 10.47%
  • Total Assets -24.01%

About Arakal Textile Trade

Arakal Textile Trade Private Limited (ATTPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 13 March 1996 and has a history of 28 years and 11 months. Its registered office is in Solapur, Maharashtra, India.

The Company is engaged in the Consumer Goods 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 2.50 M and a paid-up capital of Rs 1.48 M.

The company currently has active open charges totaling ₹4.25 Cr. The company has closed loans amounting to ₹5.00 M, as per Ministry of Corporate Affairs (MCA) records.

Murlidhar Ashayya, Balaji Arakal, Jayashri Arakal, and One other member serve as directors at the Company.

Company Details

  • Location

    Solapur, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    ateninc.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U17299PN1996PTC098078

  • Company No.

    098078

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    13 Mar 1996

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Pune

Industry

Consumer Goods

What products or services does Arakal Textile Trade Private Limited offer?

Arakal Textile Trade Private Limited offers a wide range of products and services, including Towels, Napkins & Handkerchieves, Fancy Towel, Bed Linen, Bed Covers, Towels, Yarn Dyed Towel, Bed Sheets, Jacquard Bed Sheet, Kitchen Towel, Cotton Kitchen Towel.

Who are the key members and board of directors at Arakal Textile Trade?

Board Members (4)

NameDesignationAppointment DateStatus
Murlidhar Ashayya Country flag representing In Director 13-Mar-1996Current
Balaji Arakal Country flag representing In Director 16-Jun-2000Current
Jayashri Arakal Country flag representing In Director 01-Jan-2010Current
Geetabai Arakal Country flag representing In Director 01-Jan-2007Current

Financial Performance of Arakal Textile Trade.

Arakal Textile Trade Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 34.2% increase. The company also saw a substantial improvement in profitability, with a 60.12% increase in profit. The company's net worth Soared by an impressive increase of 10.47%.

Graph illustrating revenue growth over time
Graph showing 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
34.20%
Revenue from Operations
34.13%
Total Assets
-24.01%
Profit or Loss
60.12%
Net Worth
10.47%
EBITDA
17.39%

What is the Ownership and Shareholding Structure of Arakal Textile Trade?

In 2022, Arakal Textile Trade had a promoter holding of 79.67% and a public holding of 20.33%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹42.50 M

Satisfied Charges

₹5.00 M

Charges Breakdown by Lending Institutions

  • Axis Bank Limited : 3.50 Cr
  • The Laxmi Co-Op Bank Ltd : 0.75 Cr

Latest Charge Details

DateLenderAmountStatus
12 May 2022Axis Bank Limited₹3.50 CrOpen
06 Jan 2011The Laxmi Co-Op Bank Ltd₹7.50 MOpen
04 Oct 2007The Laxmi Co-Operative Bank Limited₹5.00 MSatisfied

How Many Employees Work at Arakal Textile Trade?

Unlock and access historical data on people associated with Arakal Textile Trade, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Arakal Textile Trade, 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 Arakal Textile Trade'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 Arakal Textile Trade

Recent activity within the organization

  • Annual General Meeting

    Arakal Textile Trade Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Arakal Textile Trade Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Pune.

    31 Mar 2024

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 35.00 M with Charge ID 100586485 was registered on 12 May 2022.

    12 May 2022

  • Charges

    A charge registered on 04 Oct 2007 via Charge ID 10073889 with The Laxmi Co-Operative Bank Limited was fully satisfied on 24 Feb 2011.

    24 Feb 2011

  • Charges

    A charge with The Laxmi Co-Op Bank Ltd amounted to Rs. 7.50 M with Charge ID 10385647 was registered on 06 Jan 2011.

    06 Jan 2011

  • Director Appointment

    Jayashri Balaji Arakal was appointed as a Director was appointed as a Director on 01 Jan 2010 & has been associated with this company since 15 years 1 month .

    01 Jan 2010

Frequently asked questions

  • Arakal Textile Trade Private Limited was incorporated on 13 Mar 1996.

  • The authorized share capital of Arakal Textile Trade Private Limited is ₹ 2.50 M and paid-up capital is ₹ 1.48 M.

  • Currently 4 directors are associated with Arakal Textile Trade Private Limited.

    • Murlidhar Arakal Ashayya
    • Balaji Murlidhar Arakal
    • Jayashri Balaji Arakal
    • Geetabai Murlidhar Arakal
  • As per Ministry of Corporate Affairs (Mca), the registered address of Arakal Textile Trade Private Limited is 155/2 A Gandhi Nagar Akkalkot Road, India, Solapur, Maharashtra, 413006.

  • The corporate identification number (CIN) of Arakal Textile Trade Private Limited is U17299PN1996PTC098078 and the company number is 098078 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Arakal Textile Trade Private Limited is https://www.ateninc.com

  • According to the financial reports for the fiscal year 2022, the revenue trend for Arakal Textile Trade Private Limited has risen by 34.20%.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Arakal Textile Trade Private Limited has experienced an upsurge of 10.47%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Arakal Textile Trade Private Limited amount to ₹ 4.25 Cr.

  • The most recent Balance Sheet for Arakal Textile Trade Private Limited was filed with the ROC on 31 Mar 2024.