Arcot Soles Private Limited

Manufactures outer soles for footwear since 2005, based in Chennai, Tamil Nadu.

2005 | Kanchipuram, Tamil Nadu (India) | Active
Last Updated: October 24, 2024

Arcot Soles Profile

Key Indicators

  • Authorised Capital ₹ 2.10 Cr
  • Paid Up Capital ₹ 0.38 M
  • Company Age 20 Year, 1 Month
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 6.00 Cr
  • Satisfied Charges ₹ 4.60 Cr
  • Revenue Growth 4.87%
  • Profit Growth -54.51%
  • Ebitda 35.47%
  • Net Worth 3.53%
  • Total Assets -12.07%

About Arcot Soles

Arcot Soles Private Limited (ASPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 13 January 2005 and has a history of 20 years and one month. Its registered office is in Kanchipuram, Tamil Nadu, 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 2023. It's a company limited by shares with an authorized capital of Rs 2.10 Cr and a paid-up capital of Rs 0.38 M.

The company currently has active open charges totaling ₹6.00 Cr. The company has closed loans amounting to ₹4.60 Cr, as per Ministry of Corporate Affairs (MCA) records.

Mecca Ahmed and Mecca Iqbal serve as directors at the Company.

Company Details

  • Location

    Kanchipuram, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    farida.co.in

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U19112TN2005PTC055152

  • Company No.

    055152

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    13 Jan 2005

  • Date of AGM

    06 Nov 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Consumer Goods

Who are the key members and board of directors at Arcot Soles?

Board Members (2)

NameDesignationAppointment DateStatus
Mecca Ahmed Country flag representing In Director 13-Jan-2005Current
Mecca Iqbal Country flag representing In Director 13-Sep-2021Current

Financial Performance of Arcot Soles.

Arcot Soles Private Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 4.87% increase. The company also saw a substantial fall in profitability, with a 54.51% decrease in profit. The company's net worth moved up by a moderate rise of 3.53%.

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
4.87%
Revenue from Operations
4.26%
Total Assets
-12.07%
Profit or Loss
-54.51%
Net Worth
3.53%
EBITDA
35.47%

What is the Ownership and Shareholding Structure of Arcot Soles?

In 2023, Arcot Soles had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹6.00 Cr

Satisfied Charges

₹4.60 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 5.00 Cr
  • State Bank Of India : 1.00 Cr

Latest Charge Details

DateLenderAmountStatus
10 Nov 2021Hdfc Bank Limited₹5.00 CrOpen
04 Oct 2006State Bank Of India₹1.00 CrOpen
07 May 2009State Bank Of India₹2.60 CrSatisfied
10 Apr 2006State Bank Of India₹2.00 CrSatisfied

How Many Employees Work at Arcot Soles?

Arcot Soles has a workforce of 589 employees as of Apr 06, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Arcot Soles, 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 Arcot Soles'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 Arcot Soles

Recent activity within the organization

  • Annual General Meeting

    Arcot Soles Private Limited last Annual general meeting of members was held on 06 Nov 2023 as per latest MCA records.

    06 Nov 2023

  • Balance Sheet

    Arcot Soles Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chennai.

    31 Mar 2023

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 5.00 Cr with Charge ID 100506176 was registered on 10 Nov 2021.

    10 Nov 2021

  • Director Appointment

    Mecca Ahmed Iqbal was appointed as a Director was appointed as a Director on 13 Sep 2021 & has been associated with this company since 3 years 5 months .

    13 Sep 2021

  • Charges

    A charge registered on 07 May 2009 via Charge ID 10157566 with State Bank Of India was fully satisfied on 25 Feb 2010.

    25 Feb 2010

  • Charges

    A charge registered on 10 Apr 2006 via Charge ID 80056599 with State Bank Of India was fully satisfied on 07 Nov 2009.

    07 Nov 2009

Frequently asked questions

  • Arcot Soles Private Limited was incorporated on 13 Jan 2005.

  • The authorized share capital of Arcot Soles Private Limited is ₹ 2.10 Cr and paid-up capital is ₹ 0.38 M.

  • Currently 2 directors are associated with Arcot Soles Private Limited.

    • Mecca Irshad Ahmed
    • Mecca Ahmed Iqbal
  • As per Ministry of Corporate Affairs (Mca), the registered address of Arcot Soles Private Limited is 151/4, Mount Poonamallee Roadramapuram India, Chennai 600089, Tamil Nadu.

  • The corporate identification number (CIN) of Arcot Soles Private Limited is U19112TN2005PTC055152 and the company number is 055152 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Arcot Soles Private Limited is https://www.farida.co.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Arcot Soles Private Limited has risen by 4.87%.

  • As Per 2023 financial reports, 589 employees are currently employed by Arcot Soles Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Arcot Soles Private Limited has experienced an upsurge of 3.53%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Arcot Soles Private Limited amount to ₹ 6.00 Cr.

  • The most recent Balance Sheet for Arcot Soles Private Limited was filed with the ROC on 31 Mar 2023.

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