Arete Hotels Private Limited

Operates hotels, restaurants, and catering services since 2014 in Maharashtra.

2014 | Mumbai, Maharashtra (India) | Active
Last Updated: July 18, 2024

Arete Hotels Profile

Key Indicators

  • Authorised Capital ₹ 0.10 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 10 Year, 10 Months
  • Last Filing with ROC 31 Mar 2023
  • Revenue Growth 3242.61%
  • Profit Growth -4780.34%
  • Ebitda -9292.69%
  • Net Worth -373.85%
  • Total Assets 998.62%

About Arete Hotels

Arete Hotels Private Limited (AHPL) is a Private Limited Indian Non-Government Company incorporated in India on 19 March 2014 and has a history of Ten years and ten months. Its registered office is in Mumbai, Maharashtra, India.

The Company is engaged in the Travel And Hospitality 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 0.10 M and a paid-up capital of Rs 0.10 M, as per Ministry of Corporate Affairs (MCA) records.

Roshan Shetty and Laxmikant Pawar serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U15122MH2014PTC254619

  • Company No.

    254619

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    19 Mar 2014

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Travel and Hospitality

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

Board Members (2)

Name Designation Appointment Date Status
Roshan Shetty Country flag representing In Director 19-Mar-2014 Current
Laxmikant Pawar Country flag representing In Director 24-Mar-2023 Current

Financial Performance of Arete Hotels.

Arete Hotels Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 3242.61% increase. The company also saw a substantial fall in profitability, with a 4780.34% decrease in profit. The company's net worth observed a substantial decline by a decrease of 373.85%.

Graph illustrating revenue growth over time
Graph showing 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
3242.61%
Revenue from Operations
Total Assets
998.62%
Profit or Loss
-4780.34%
Net Worth
-373.85%
EBITDA
-9292.69%

What is the Ownership and Shareholding Structure of Arete Hotels?

In 2023, Arete Hotels had a promoter holding of 99.00% and a public holding of 1.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Arete Hotels?

Arete Hotels has a workforce of 1 employees as of Apr 06, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

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

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2023

  • Balance Sheet

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

    31 Mar 2023

  • Director Appointment

    Laxmikant Devji Pawar was appointed as a Director was appointed as a Director on 24 Mar 2023 & has been associated with this company since 1 year 10 months .

    24 Mar 2023

  • Director Appointment

    Roshan Ramesh Shetty was appointed as a Director was appointed as a Director on 19 Mar 2014 & has been associated with this company since 10 years 10 months .

    19 Mar 2014

  • Company Incorporation

    Arete Hotels Private Limited was registered on 19 Mar 2014 with Roc Mumbai & aged 10 years 10 months as per MCA records.

    19 Mar 2014

Frequently asked questions

  • Arete Hotels Private Limited was incorporated on 19 Mar 2014.

  • The authorized share capital of Arete Hotels Private Limited is ₹ 0.10 M and paid-up capital is ₹ 0.10 M.

  • Currently 2 directors are associated with Arete Hotels Private Limited.

    • Roshan Ramesh Shetty
    • Laxmikant Devji Pawar
  • As per Ministry of Corporate Affairs (Mca), the registered address of Arete Hotels Private Limited is A-15 Arunodaya Apt Sunder Nagar Kalina Santacruz East, Mumbai, Maharashtra, India, 400029.

  • The corporate identification number (CIN) of Arete Hotels Private Limited is U15122MH2014PTC254619 and the company number is 254619 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Arete Hotels Private Limited has risen by 3242.61%.

  • As Per 2023 financial reports, 1 employees are currently employed by Arete Hotels Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Arete Hotels Private Limited has experienced an downturn of -373.85%.

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

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