Arete Constructions Profile
Key Indicators
- Authorised Capital ₹ 5.00 M
as on 23-06-2024
- Paid Up Capital ₹ 5.00 M
as on 23-06-2024
- Company Age 12 Year, 11 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 54.30 M
as on 23-06-2024
- Satisfied Charges ₹ 11.99 M
as on 23-06-2024
- Revenue 25.10%
(FY 2020)
- Profit 105.43%
(FY 2020)
- Ebitda -384.01%
(FY 2020)
- Net Worth 13.55%
(FY 2020)
- Total Assets -5.94%
(FY 2020)
About Arete Constructions
The Company is engaged in the Infrastructure 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 5.00 M and a paid-up capital of Rs 5.00 M.
The company currently has active open charges totaling ₹5.43 Cr. The company has closed loans amounting to ₹1.20 Cr, as per Ministry of Corporate Affairs (MCA) records.
Anuj Agarwal and Mayank Agrawal serve as directors at the Company.
- CIN/LLPIN
U70200DL2011PTC226359
- Company No.
226359
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
17 Oct 2011
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Delhi
Industry
Company Details
- Location
North West Delhi, Delhi, India
- Telephone
- Email Address
- Website
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- Social Media-
Who are the key members and board of directors at Arete Constructions?
Board Members(2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Mayank Agrawal  | Director | 17-Oct-2011 | Current |
| Anuj Agarwal | Additional Director | 27-Jan-2021 | Current |
Financial Performance and Corporate Structure Insights of Arete Constructions.
Arete Constructions Private Limited, for the financial year ended 2020, experienced significant growth in revenue, with a 25.1% increase. The company also saw a substantial improvement in profitability, with a 105.43% increase in profit. The company's net worth Soared by an impressive increase of 13.55%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Arete Constructions?
In 2019, Arete Constructions 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)
13 years 1 month Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Karnataka Bank Ltd. Creation Date: 27 Jun 2023 | ₹1.43 Cr | Open |
Karnataka Bank Ltd. Creation Date: 10 Nov 2012 | ₹4.00 Cr | Open |
Karnataka Bank Ltd. Creation Date: 15 Jun 2020 | ₹1.99 M | Satisfied |
How Many Employees Work at Arete Constructions?
Arete Constructions has a workforce of 23 employees as of Mar 21, 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
As of Jan 15, 2014, Arete Constructions has raised a total of ₹ 4.9 M, with the most recent deal valued at ₹ 2.5 M. Access detailed insights into the company’s deals, including security allotments, mergers, acquisitions, and strategic partnerships that have shaped its growth.
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.
