Aras Motors Profile
Key Indicators
- Authorised Capital ₹ 5.00 M
- Paid Up Capital ₹ 4.30 M
- Company Age 32 Year, 9 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 75.47 Cr
- Satisfied Charges ₹ 33.37 Cr
- Revenue Growth 72.73%
- Profit Growth 422.80%
- Ebitda 195.12%
- Net Worth 97.62%
- Total Assets 29.73%
About Aras Motors
Aras Motors Private Limited (AMPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 04 June 1992 and has a history of 32 years and nine months. Its registered office is in Madurai, Tamil Nadu, India.
The Corporate was formerly known as Shenbagam Motors Private Limited. The Company is engaged in the Automotive Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 5.00 M and a paid-up capital of Rs 4.30 M.
The company currently has active open charges totaling ₹75.47 Cr. The company has closed loans amounting to ₹33.37 Cr, as per Ministry of Corporate Affairs (MCA) records.
Kanagasabai Sureshkumar, Rajasabai Kanagasabai, Suresh Sridevi, and One other member serve as directors at the Company.
Company Details
- Location
Madurai, Tamil Nadu, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U35999TN1992PTC022808
- Company No.
022808
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
04 Jun 1992
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Chennai
Industry
Automotive
Aras Motors Private Limited
Explore comprehensive data for Aras Motors Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Aras Motors?
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Kanagasabai Sureshkumar  | Director | 19-Apr-1999 | Current |
| Rajasabai Kanagasabai | Director | 04-Jun-1992 | Current |
| Suresh Sridevi | Director | 30-Apr-2016 | Current |
| Kanagasabai Rahul | Additional Director | 03-Apr-2024 | Current |
Financial Performance of Aras Motors.
Aras Motors Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 72.73% increase. The company also saw a substantial improvement in profitability, with a 422.8% increase in profit. The company's net worth Soared by an impressive increase of 97.62%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metrics |
| (FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
| ||||||
| Revenue from Operations |
| ||||||
| Total Assets |
| ||||||
| Profit or Loss |
| ||||||
| Net Worth |
| ||||||
| EBITDA |
|
What is the Ownership and Shareholding Structure of Aras Motors?
In 2023, Aras Motors 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)
- Shenbagam Investments Private Limited
Kanagasabai Sureshkumar is a mutual person
Charges (Loans)
Open Charges
₹754.70 M
Satisfied Charges
₹333.67 M
Charges Breakdown by Lending Institutions
- Axis Bank Limited : 60.43 Cr
- Others : 15.04 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 28 Jun 2024 | Others | ₹10.80 Cr | Open |
| 13 Jun 2024 | Others | ₹4.17 Cr | Open |
| 25 Feb 2022 | Others | ₹0.70 M | Open |
| 30 Jul 2018 | Axis Bank Limited | ₹60.40 Cr | Open |
| 07 Nov 2016 | Axis Bank Limited | ₹0.30 M | Open |
How Many Employees Work at Aras Motors?
Aras Motors has a workforce of 170 employees as of Apr 09, 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 Aras Motors, 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 Aras Motors'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 Aras Motors
Recent activity within the organization
- Charges
A charge with Others of Rs. 108.00 M registered on 28 Jun 2024 with Charge ID 100950526 was modified on 20 Sep 2024.
- Charges
A charge with Others amounted to Rs. 108.00 M with Charge ID 100950526 was registered on 28 Jun 2024.
- Charges
A charge with Others of Rs. 41.70 M registered on 13 Jun 2024 with Charge ID 100943508 was modified on 18 Jun 2024.
- Charges
A charge with Others amounted to Rs. 41.70 M with Charge ID 100943508 was registered on 13 Jun 2024.
- Director Appointment
Kanagasabai Suresh Kumar Rahul was appointed as a Additional Director was appointed as a Additional Director on 03 Apr 2024 & has been associated with this company since 11 months 12 days .
- Charges
A charge registered on 29 Jul 2022 via Charge ID 100609027 with Others was fully satisfied on 18 Mar 2024.
Frequently asked questions
What is the Incorporation or founding date of Aras Motors Private Limited?
Aras Motors Private Limited was incorporated on 04 Jun 1992.
What is authorized share capital and paid-up capital of Aras Motors Private Limited?
The authorized share capital of Aras Motors Private Limited is ₹ 5.00 M and paid-up capital is ₹ 4.30 M.
Who are the current board members & directors of Aras Motors Private Limited?
Currently 4 directors are associated with Aras Motors Private Limited.
- Kanagasabai Sureshkumar
- Rajasabai Kanagasabai
- Suresh Sridevi
- Kanagasabai Suresh Kumar Rahul
What is the registered address of Aras Motors Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Aras Motors Private Limited is 35/1, Samayanalloor Road Vilangudi India, Madurai, Tamil Nadu, 625018.
What is the corporate identification number (CIN) and company number of Aras Motors Private Limited?
The corporate identification number (CIN) of Aras Motors Private Limited is U35999TN1992PTC022808 and the company number is 022808 as per Ministry of Corporate Affairs (MCA).
What is the official website of Aras Motors Private Limited?
The Official website of Aras Motors Private Limited is https://www.arasgroup.org
What has been the recent revenue trend for Aras Motors Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Aras Motors Private Limited has risen by 72.73%.
How many employees does Aras Motors Private Limited currently have?
As Per 2023 financial reports, 170 employees are currently employed by Aras Motors Private Limited.
What change has been observed in the net worth of Aras Motors Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Aras Motors Private Limited has experienced an upsurge of 97.62%.
What are the total open charges for Aras Motors Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Aras Motors Private Limited amount to ₹ 75.47 Cr.
When was the last Balance Sheet of Aras Motors Private Limited filed with the ROC?
The most recent Balance Sheet for Aras Motors Private Limited was filed with the ROC on 31 Mar 2023.
Unlock Business Insights – Explore Instantly!
Search company & director profiles for free and gain access to critical business data.
- 3.1M+ Companies
- 15M+ Legal Cases
- 525K+ Credit Ratings
- 5.8M+ Directors & KMP
- 750K+ Regulatory Alerts
- 1.1M+ Companies' Financial Records