Arete Automation Systems Profile
Key Indicators
- Authorised Capital ₹ 0.50 M
- Paid Up Capital ₹ 0.50 M
- Company Age 14 Year, 1 Month
- 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 14 years and one month. 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
- Location
Bangaluru, Karnataka, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U33114KA2011PTC057437
- Company No.
057437
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
07 Mar 2011
- Date of AGM
29 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Bangalore
Industry
Information Technology
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.
Arete Automation Systems Private Limited
Explore comprehensive data for Arete Automation Systems Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Arete Automation Systems?
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Jonnalagadda Sudha  | Director | 20-Feb-2022 | Current |
| Deverakonda Venkatajagannadha | 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%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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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)
Surasmi Consultancy Private LimitedJonnalagadda Sudha is a mutual person
Charges (Loans)
Open Charges
₹4.81 M
Satisfied Charges
₹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
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 Automation Systems
Recent activity within the organization
- Annual General Meeting
Arete Automation Systems Private Limited last Annual general meeting of members was held on 29 Sep 2023 as per latest MCA records.
- Balance Sheet
Arete Automation Systems Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.
- Director Appointment
Jonnalagadda Ratna Sudha was appointed as a Director was appointed as a Director on 20 Feb 2022 & has been associated with this company since 3 years 1 month .
- Charges
A charge with Hdfc Bank Limited of Rs. 4.81 M registered on 03 Oct 2019 with Charge ID 100296341 was modified on 26 Aug 2020.
- Charges
A charge with Hdfc Bank Limited amounted to Rs. 4.81 M with Charge ID 100296341 was registered on 03 Oct 2019.
- Director Appointment
Deverakonda Ravikumar Venkatajagannadha was appointed as a Director was appointed as a Director on 07 Mar 2011 & has been associated with this company since 14 years 1 month .
Frequently asked questions
What is the Incorporation or founding date of Arete Automation Systems Private Limited?
Arete Automation Systems Private Limited was incorporated on 07 Mar 2011.
What is authorized share capital and paid-up capital of Arete Automation Systems Private Limited?
The authorized share capital of Arete Automation Systems Private Limited is ₹ 0.50 M and paid-up capital is ₹ 0.50 M.
Who are the current board members & directors of Arete Automation Systems Private Limited?
Currently 2 directors are associated with Arete Automation Systems Private Limited.
- Deverakonda Ravikumar Venkatajagannadha
- Jonnalagadda Ratna Sudha
What is the registered address of Arete Automation Systems Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Arete Automation Systems Private Limited is Flat No 504 Kumaradhara, National Games Village Koramangala India, Bangalore, Karnataka, 560047.
What is the corporate identification number (CIN) and company number of Arete Automation Systems Private Limited?
The corporate identification number (CIN) of Arete Automation Systems Private Limited is U33114KA2011PTC057437 and the company number is 057437 as per Ministry of Corporate Affairs (MCA).
What is the official website of Arete Automation Systems Private Limited?
The Official website of Arete Automation Systems Private Limited is https://www.areteautosys.com
What has been the recent revenue trend for Arete Automation Systems Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Arete Automation Systems Private Limited has risen by 0.04%.
What change has been observed in the net worth of Arete Automation Systems Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Arete Automation Systems Private Limited has experienced an downturn of -10.78%.
What are the total open charges for Arete Automation Systems Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Arete Automation Systems Private Limited amount to ₹ 4.81 M.
When was the last Balance Sheet of Arete Automation Systems Private Limited filed with the ROC?
The most recent Balance Sheet for Arete Automation Systems Private Limited was filed with the ROC on 31 Mar 2023.
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