Arete Capital Service Profile
Key Indicators
- Authorised Capital ₹ 6.50 Cr
as on 30-07-2024
- Paid Up Capital ₹ 3.47 Cr
as on 30-07-2024
- Company Age 27 Year, 11 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 107.00 Cr
as on 30-07-2024
- Satisfied Charges ₹ 35.00 Cr
as on 30-07-2024
- Revenue -48.48%
(FY 2023)
- Profit -48.58%
(FY 2023)
- Ebitda -43.92%
(FY 2023)
- Net Worth 7.28%
(FY 2023)
- Total Assets -34.68%
(FY 2023)
About Arete Capital Service
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.
- 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
Company Details
- Location
Mumbai, Maharashtra, India
- Telephone
- Email Address
- Website
- Social Media-
Who are the key members and board of directors at Arete Capital Service?
Board Members(2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Kamal Somani  | Director | 28-Aug-2002 | Current |
| Ankit Somani | Director | 01-Nov-2007 | Current |
Financial Performance and Corporate Structure Insights of Arete Capital Service.
Arete Capital Service Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 48.48% decrease. The company also saw a substantial fall in profitability, with a 48.58% decrease in profit. The company's net worth moved up by a moderate rise of 7.28%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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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.
Related Corporates (Common Directorship)
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Others Creation Date: 28 Jan 2021 | ₹31.00 Cr | Open |
Others Creation Date: 03 Oct 2016 | ₹76.00 Cr | Open |
The Bank Of Rajasthan Limited Creation Date: 08 Mar 2007 | ₹25.00 Cr | Satisfied |
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.
Deals i
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
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.
