Arete Capital Service Private Limited

Provides G secs and corporate bonds to retirement and insurance funds.

1996 | Mumbai, Maharashtra (India) | Active
Last Updated:

Arete Capital Service Profile

Key Indicators

  • Authorised Capital ₹ 6.50 Cr
  • Paid Up Capital ₹ 3.47 Cr
  • Company Age 28 Year, 2 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 107.00 Cr
  • Satisfied Charges ₹ 35.00 Cr
  • Revenue Growth 3.69%
  • Profit Growth 75.63%
  • Ebitda -16.11%
  • Net Worth 16.49%
  • Total Assets -5.82%

About Arete Capital Service

Arete Capital Service Private Limited (ACSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 20 December 1996 and has a history of 28 years and two months. Its registered office is in Mumbai, Maharashtra, India.

The Corporate was formerly known as Spa Global Private Limited. The Company is engaged in the Financial Services 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 6.50 Cr and a paid-up capital of Rs 3.47 Cr.

The company currently has active open charges totaling ₹107.00 Cr. The company has closed loans amounting to ₹35.00 Cr, as per Ministry of Corporate Affairs (MCA) records.

Kamal Somani and Ankit Somani serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    aretecapital.co.in

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U67120MH1996PTC104655

  • Company No.

    104655

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    20 Dec 1996

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Financial Services

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

Board Members (2)

NameDesignationAppointment DateStatus
Kamal Somani Country flag representing In Director 28-Aug-2002Current
Ankit Somani Country flag representing In Director 01-Nov-2007Current

Financial Performance of Arete Capital Service.

Arete Capital Service Private Limited, for the financial year ended 2022, experienced modest growth in revenue, with a 3.69% increase. The company also saw a substantial improvement in profitability, with a 75.63% increase in profit. The company's net worth Soared by an impressive increase of 16.49%.

Arete Capital Service revenue growth over time
Arete Capital Service 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
3.69%
Revenue from Operations
3.70%
Total Assets
-5.82%
Profit or Loss
75.63%
Net Worth
16.49%
EBITDA
-16.11%

What is the Ownership and Shareholding Structure of Arete Capital Service?

In 2023, Arete Capital Service had a promoter holding of 90.85% and a public holding of 9.15%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹107.00 Cr

Satisfied Charges

₹35.00 Cr

Charges Breakdown by Lending Institutions

  • Others : 107.00 Cr

Latest Charge Details

DateLenderAmountStatus
28 Jan 2021Others₹31.00 CrOpen
03 Oct 2016Others₹76.00 CrOpen
08 Mar 2007The Bank Of Rajasthan Limited₹25.00 CrSatisfied
26 Sep 2003Hdfc Bank Limited₹10.00 CrSatisfied

How Many Employees Work at Arete Capital Service?

Arete Capital Service has a workforce of 13 employees as of Mar 29, 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 Capital Service Private Limited

Deals i

Graph showing company valuation over time

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

Recent activity within the organization

  • Annual General Meeting

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

  • Charges

    A charge with Others of Rs. 31.00 Cr registered on 28 Jan 2021 with Charge ID 100417244 was modified on 01 Jul 2023.

  • Balance Sheet

    Arete Capital Service Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

  • Charges

    A charge with Others of Rs. 76.00 Cr registered on 03 Oct 2016 with Charge ID 100057658 was modified on 11 Apr 2022.

  • Charges

    A charge with Others amounted to Rs. 31.00 Cr with Charge ID 100417244 was registered on 28 Jan 2021.

  • Charges

    A charge with Others amounted to Rs. 76.00 Cr with Charge ID 100057658 was registered on 03 Oct 2016.

Frequently asked questions

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

    Arete Capital Service Private Limited was incorporated on 20 Dec 1996.

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

    The authorized share capital of Arete Capital Service Private Limited is ₹ 6.50 Cr and paid-up capital is ₹ 3.47 Cr.

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

    Currently 2 directors are associated with Arete Capital Service Private Limited.

    • Kamal Kishore Somani
    • Ankit Somani

  • What is the registered address of Arete Capital Service Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Arete Capital Service Private Limited is 101 A 10Th Floor Mittal Court, Nariman Point India, Mumbai, Maharashtra, 400021.

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

    The corporate identification number (CIN) of Arete Capital Service Private Limited is U67120MH1996PTC104655 and the company number is 104655 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Arete Capital Service Private Limited?

    The Official website of Arete Capital Service Private Limited is https://www.aretecapital.co.in

  • What has been the recent revenue trend for Arete Capital Service Private Limited?

    According to the financial reports for the fiscal year 2022, the revenue trend for Arete Capital Service Private Limited has risen by 3.69%.

  • How many employees does Arete Capital Service Private Limited currently have?

    As Per 2022 financial reports, 13 employees are currently employed by Arete Capital Service Private Limited.

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

    The financial reports for the fiscal year 2022 indicates that The net worth of Arete Capital Service Private Limited has experienced an upsurge of 16.49%.

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

    As per the financial statements for fiscal Year 2022, The total open charges for Arete Capital Service Private Limited amount to ₹ 107.00 Cr.

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

    The most recent Balance Sheet for Arete Capital Service Private Limited was filed with the ROC on 31 Mar 2023.

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