Areete Life Science Private Limited

Manufactures and exports ayurvedic, herbal, and nutritional products, including cholesterol and diabetes capsules.

2007 | Nanganallur, Tamil Nadu (India) | Active
Last Updated: July 29, 2024

Areete Life Science Profile

Key Indicators

  • Authorised Capital ₹ 5.00 M
  • Paid Up Capital ₹ 2.00 M
  • Company Age 18 Year, 1 Month
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 2.64 Cr
  • Revenue Growth 4.39%
  • Profit Growth -25.19%
  • Ebitda -8.51%
  • Net Worth 22.27%
  • Total Assets 25.52%

About Areete Life Science

Areete Life Science Private Limited (ALSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 24 January 2007 and has a history of 18 years and one month. Its registered office is in Nanganallur, Tamil Nadu, India.

The Company is engaged in the Healthcare 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 2.00 M.

The company currently has active open charges totaling ₹2.64 Cr.

Senthilkumar Kulasekaran and Anandhalakshmi Ramukkannu serve as directors at the Company.

Company Details

  • Location

    Nanganallur, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    areetelifescience.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U02423TN2007PTC062153

  • Company No.

    062153

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    24 Jan 2007

  • Date of AGM

    29 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Healthcare

Who are the key members and board of directors at Areete Life Science?

Financial Performance of Areete Life Science.

Areete Life Science Private Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 4.39% increase. The company also saw a substantial fall in profitability, with a 25.19% decrease in profit. The company's net worth Soared by an impressive increase of 22.27%.

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
4.39%
Revenue from Operations
4.35%
Total Assets
25.52%
Profit or Loss
-25.19%
Net Worth
22.27%
EBITDA
-8.51%

What is the Ownership and Shareholding Structure of Areete Life Science?

In 2023, Areete Life Science had a promoter holding of 95.00% and a public holding of 5.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹26.38 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Sidbi : 2.50 Cr
  • Canara Bank : 0.14 Cr

Latest Charge Details

DateLenderAmountStatus
28 Mar 2023Sidbi₹1.00 CrOpen
03 Jun 2020Sidbi₹1.50 CrOpen
29 Jun 2012Canara Bank₹1.00 MOpen
24 Feb 2007Canara Bank₹0.38 MOpen

How Many Employees Work at Areete Life Science?

Areete Life Science has a workforce of 44 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 Areete Life Science, 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 Areete Life Science'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 Areete Life Science

Recent activity within the organization

  • Annual General Meeting

    Areete Life Science Private Limited last Annual general meeting of members was held on 29 Sep 2023 as per latest MCA records.

    29 Sep 2023

  • Balance Sheet

    Areete Life Science 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 Sidbi amounted to Rs. 10.00 M with Charge ID 100693971 was registered on 28 Mar 2023.

    28 Mar 2023

  • Charges

    A charge with Sidbi of Rs. 15.00 M registered on 03 Jun 2020 with Charge ID 100339003 was modified on 11 Nov 2020.

    11 Nov 2020

  • Charges

    A charge with Sidbi amounted to Rs. 15.00 M with Charge ID 100339003 was registered on 03 Jun 2020.

    03 Jun 2020

  • Charges

    A charge with Canara Bank amounted to Rs. 1.00 M with Charge ID 10366762 was registered on 29 Jun 2012.

    29 Jun 2012

Frequently asked questions

  • What is the Incorporation or founding date of Areete Life Science Private Limited?

    Areete Life Science Private Limited was incorporated on 24 Jan 2007.

  • What is authorized share capital and paid-up capital of Areete Life Science Private Limited?

    The authorized share capital of Areete Life Science Private Limited is ₹ 5.00 M and paid-up capital is ₹ 2.00 M.

  • Who are the current board members & directors of Areete Life Science Private Limited?

    Currently 2 directors are associated with Areete Life Science Private Limited.

    • Senthilkumar Kulasekaran
    • Anandhalakshmi Ramukkannu
  • What is the registered address of Areete Life Science Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Areete Life Science Private Limited is No: 2/18 F3 - Sairam Flats 1St Street Ngo Colony, Nanganallur, Tamil Nadu, India, 600114.

  • What is the corporate identification number (CIN) and company number of Areete Life Science Private Limited?

    The corporate identification number (CIN) of Areete Life Science Private Limited is U02423TN2007PTC062153 and the company number is 062153 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Areete Life Science Private Limited?

    The Official website of Areete Life Science Private Limited is https://www.areetelifescience.com

  • What has been the recent revenue trend for Areete Life Science Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Areete Life Science Private Limited has risen by 4.39%.

  • How many employees does Areete Life Science Private Limited currently have?

    As Per 2023 financial reports, 44 employees are currently employed by Areete Life Science Private Limited.

  • What change has been observed in the net worth of Areete Life Science Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Areete Life Science Private Limited has experienced an upsurge of 22.27%.

  • What are the total open charges for Areete Life Science Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Areete Life Science Private Limited amount to ₹ 2.64 Cr.

  • When was the last Balance Sheet of Areete Life Science Private Limited filed with the ROC?

    The most recent Balance Sheet for Areete Life Science Private Limited was filed with the ROC on 31 Mar 2023.