Arete 22 Private Limited

Manufactures wheels, auto components, defense and aerospace parts, castings, forgings, and more.

2021 | Visakhapatnam, Andhra Pradesh (India) | Active
Last Updated:

Arete 22 Profile

Key Indicators

  • Authorised Capital ₹ 16.00 Cr
  • Paid Up Capital ₹ 15.00 Cr
  • Company Age 4 Year, 1 Month
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 150.89 Cr
  • Satisfied Charges ₹ 30.00 Cr
  • Revenue Growth %
  • Net Worth -21.39%
  • Total Assets 196.27%

About Arete 22

Arete 22 Private Limited (A2PL) is a Private Limited Indian Non-Government Company incorporated in India on 09 February 2021 (Four years and one month 0 days old ). Its registered office is in Visakhapatnam, Andhra Pradesh, India.

The Company is engaged in the Machinery And Equipment 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 16.00 Cr and a paid-up capital of Rs 15.00 Cr.

The company currently has active open charges totaling ₹150.89 Cr. The company has closed loans amounting to ₹30.00 Cr, as per Ministry of Corporate Affairs (MCA) records.

Abhishek Gupta and Konica Gupta serve as directors at the Company.

Company Details

  • Location

    Visakhapatnam, Andhra Pradesh, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U34300AP2021PTC117329

  • Company No.

    117329

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    09 Feb 2021

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Vijayawada

Industry

Machinery and Equipment
Company report

Arete 22 Private Limited

Explore comprehensive data for Arete 22 Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Arete 22?

Board Members (2)

NameDesignationAppointment DateStatus
Abhishek Gupta Country flag representing In Director 09-Feb-2021Current
Konica Gupta Country flag representing In Director 09-Feb-2021Current

Financial Performance of Arete 22.

Arete 22 Private Limited, for the financial year ended 2023, experienced no change in revenue, with a 0% increase. The company also saw a no change in profitability, with a 0% increase in profit. The company's net worth observed a substantial decline by a decrease of 21.39%.

Arete 22 revenue growth over time
Arete 22 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
Revenue from Operations
Total Assets
196.27%
Profit or Loss
Net Worth
-21.39%
EBITDA

What is the Ownership and Shareholding Structure of Arete 22?

In 2023, Arete 22 had a promoter holding of 47.01% and a public holding of 53.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹150.89 Cr

Satisfied Charges

₹30.00 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 85.39 Cr
  • Others : 47.00 Cr
  • Sidbi : 18.50 Cr

Latest Charge Details

DateLenderAmountStatus
30 Sep 2024Others₹47.00 CrOpen
29 Mar 2024Sidbi₹3.50 CrOpen
21 Dec 2023Hdfc Bank Limited₹3.04 MOpen
13 Apr 2023Hdfc Bank Limited₹85.00 CrOpen
29 Nov 2021Sidbi₹15.00 CrOpen

How Many Employees Work at Arete 22?

Arete 22 has a workforce of 115 employees as of Nov 08, 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.

Employee growth trends for Arete 22 Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Arete 22, 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 Arete 22'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 Arete 22

Recent activity within the organization

  • Charges

    A charge with Others amounted to Rs. 47.00 Cr with Charge ID 100991787 was registered on 30 Sep 2024.

  • Charges

    A charge with Hdfc Bank Limited of Rs. 85.00 Cr registered on 13 Apr 2023 with Charge ID 100716268 was modified on 07 Aug 2024.

  • Charges

    A charge with Sidbi amounted to Rs. 3.50 Cr with Charge ID 100905167 was registered on 29 Mar 2024.

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.30 Cr with Charge ID 100877496 was registered on 21 Dec 2023.

  • Annual General Meeting

    Arete 22 Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 85.00 Cr with Charge ID 100716268 was registered on 13 Apr 2023.

Frequently asked questions

  • What is the Incorporation or founding date of Arete 22 Private Limited?

    Arete 22 Private Limited was incorporated on 09 Feb 2021.

  • What is authorized share capital and paid-up capital of Arete 22 Private Limited?

    The authorized share capital of Arete 22 Private Limited is ₹ 16.00 Cr and paid-up capital is ₹ 15.00 Cr.

  • Who are the current board members & directors of Arete 22 Private Limited?

    Currently 2 directors are associated with Arete 22 Private Limited.

    • Abhishek Gupta
    • Konica Gupta
  • What is the registered address of Arete 22 Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Arete 22 Private Limited is D1 D2 B Block Autonagar, India, Visakhapatnam, Andhra Pradesh, 530012.

  • What is the corporate identification number (CIN) and company number of Arete 22 Private Limited?

    The corporate identification number (CIN) of Arete 22 Private Limited is U34300AP2021PTC117329 and the company number is 117329 as per Ministry of Corporate Affairs (MCA).

  • How many employees does Arete 22 Private Limited currently have?

    As Per 2023 financial reports, 115 employees are currently employed by Arete 22 Private Limited.

  • What change has been observed in the net worth of Arete 22 Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Arete 22 Private Limited has experienced an downturn of -21.39%.

  • What are the total open charges for Arete 22 Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Arete 22 Private Limited amount to ₹ 150.89 Cr.

  • When was the last Balance Sheet of Arete 22 Private Limited filed with the ROC?

    The most recent Balance Sheet for Arete 22 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
Start Free Trial