Arete Automation Systems Profile
Key Indicators
- Authorised Capital ₹ 0.50 M
- Paid Up Capital ₹ 0.50 M
- Company Age 13 Year, 11 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 4.81 M
- Revenue Growth 0.04%
- Profit Growth -235.26%
- Ebitda -464.43%
- Net Worth -10.78%
- Total Assets -34.52%
About Arete Automation Systems
Arete Automation Systems Private Limited (AASPL) is a Private Limited Indian Non-Government Company incorporated in India on 07 March 2011 and has a history of 13 years and 11 months. Its registered office is in Bangaluru, Karnataka, India.
The Company is engaged in the Information Technology 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 0.50 M and a paid-up capital of Rs 0.50 M.
The company currently has active open charges totaling ₹4.81 M.
Deverakonda Venkatajagannadha and Jonnalagadda Sudha serve as directors at the Company.
Company Details
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Location
Bangaluru, Karnataka, India
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Telephone
+91-XXXXXXXXXX
- Email Address
- Website
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Social Media
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Corporate Identity Details
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CIN/LLPIN
U33114KA2011PTC057437
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Company No.
057437
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
07 Mar 2011
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Date of AGM
29 Sep 2023
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Date of Balance Sheet
31 Mar 2023
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Listing Status
Unlisted
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ROC Code
Roc Bangalore
Industry
What products or services does Arete Automation Systems Private Limited offer?
Arete Automation Systems Private Limited offers a wide range of products and services, including Weighing Scales & Measuring Tapes, Weighbridges, Safety Equipment, Light Curtain, Weigh in Motion System, Electrical Panels & Distribution Box, Junction Boxes, Building & Construction Machines, Bending Machine, Rail Weighing System.
Who are the key members and board of directors at Arete Automation Systems?
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Jonnalagadda Sudha
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Director | 20-Feb-2022 | Current |
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Deverakonda Venkatajagannadha
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Director | 07-Mar-2011 | Current |
Financial Performance of Arete Automation Systems.
Arete Automation Systems Private Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 0.04% increase. The company also saw a substantial fall in profitability, with a 235.26% decrease in profit. The company's net worth observed a substantial decline by a decrease of 10.78%.
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What is the Ownership and Shareholding Structure of Arete Automation Systems?
In 2023, Arete Automation Systems 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)
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Surasmi Consultancy Private LimitedJonnalagadda Sudha is a mutual person
Charges (Loans)
₹4.81 M
₹0
Charges Breakdown by Lending Institutions
- Hdfc Bank Limited : 0.48 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 03 Oct 2019 | Hdfc Bank Limited | ₹4.81 M | Open |
How Many Employees Work at Arete Automation Systems?
Unlock and access historical data on people associated with Arete Automation Systems, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Arete Automation Systems, 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 Automation Systems'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
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