Arete It Services Private Limited

Founded in 2013 and headquartered in Andhra Pradesh, India.

2013 | Krishna, Andhra Pradesh (India) | Active
Last Updated:

Arete It Services Profile

Key Indicators

  • Authorised Capital ₹ 2.25 Cr
  • Paid Up Capital ₹ 2.25 Cr
  • Company Age 11 Year, 3 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 4.30 Cr
  • Revenue Growth 121.50%
  • Profit Growth 695.71%
  • Ebitda 302.33%
  • Net Worth 31.39%
  • Total Assets 71.46%

About Arete It Services

Arete It Services Private Limited (AISPL) is a Private Limited Indian Non-Government Company incorporated in India on 13 December 2013 and has a history of 11 years and three months. Its registered office is in Krishna, Andhra Pradesh, 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 2024. It's a company limited by shares with an authorized capital of Rs 2.25 Cr and a paid-up capital of Rs 2.25 Cr.

The company currently has active open charges totaling ₹4.30 Cr.

Vara Nagidi and Nagidi Krishna serve as directors at the Company.

Company Details

  • Location

    Krishna, Andhra Pradesh, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U72200AP2013PTC091675

  • Company No.

    091675

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    13 Dec 2013

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Vijayawada

Industry

Information Technology
Company report

Arete It Services Private Limited

Explore comprehensive data for Arete It Services Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

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

Board Members (2)

NameDesignationAppointment DateStatus
Nagidi Krishna Country flag representing In Director 13-Dec-2013Current
Vara Nagidi Country flag representing In Director 30-Sep-2022Current

Financial Performance of Arete It Services.

Arete It Services Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 121.5% increase. The company also saw a substantial improvement in profitability, with a 695.71% increase in profit. The company's net worth Soared by an impressive increase of 31.39%.

Arete It Services revenue growth over time
Arete It Services 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
121.50%
Revenue from Operations
121.50%
Total Assets
71.46%
Profit or Loss
695.71%
Net Worth
31.39%
EBITDA
302.33%

What is the Ownership and Shareholding Structure of Arete It Services?

In 2021, Arete It Services had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹4.30 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Sidbi : 4.30 Cr

Latest Charge Details

DateLenderAmountStatus
15 Mar 2023Sidbi₹4.30 CrOpen

How Many Employees Work at Arete It Services?

Unlock and access historical data on people associated with Arete It Services, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee growth trends for Arete It Services Private Limited

Deals i

Graph showing company valuation over time

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

Recent activity within the organization

  • Annual General Meeting

    Arete It Services Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Balance Sheet

    Arete It Services Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Vijayawada.

  • Charges

    A charge with Sidbi amounted to Rs. 4.30 Cr with Charge ID 100685934 was registered on 15 Mar 2023.

  • Director Appointment

    Vara Prasad Nagidi was appointed as a Director was appointed as a Director on 30 Sep 2022 & has been associated with this company since 2 years 6 months .

  • Director Appointment

    Nagidi Siva Rama Krishna was appointed as a Director was appointed as a Director on 13 Dec 2013 & has been associated with this company since 11 years 3 months .

  • Company Incorporation

    Arete It Services Private Limited was registered on 13 Dec 2013 with Roc Vijayawada & aged 11 years 3 months as per MCA records.

Frequently asked questions

  • What is the Incorporation or founding date of Arete It Services Private Limited?

    Arete It Services Private Limited was incorporated on 13 Dec 2013.

  • What is authorized share capital and paid-up capital of Arete It Services Private Limited?

    The authorized share capital of Arete It Services Private Limited is ₹ 2.25 Cr and paid-up capital is ₹ 2.25 Cr.

  • Who are the current board members & directors of Arete It Services Private Limited?

    Currently 2 directors are associated with Arete It Services Private Limited.

    • Vara Prasad Nagidi
    • Nagidi Siva Rama Krishna

  • What is the registered address of Arete It Services Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Arete It Services Private Limited is H No.8-49-1 Tadigadapa Poranki, Penamaluru Mandal India, Vijayawada, Andhra Pradesh, 521137.

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

    The corporate identification number (CIN) of Arete It Services Private Limited is U72200AP2013PTC091675 and the company number is 091675 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Arete It Services Private Limited?

    The Official website of Arete It Services Private Limited is https://www.areteservices.org

  • What has been the recent revenue trend for Arete It Services Private Limited?

    According to the financial reports for the fiscal year 2022, the revenue trend for Arete It Services Private Limited has risen by 121.50%.

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

    The financial reports for the fiscal year 2022 indicates that The net worth of Arete It Services Private Limited has experienced an upsurge of 31.39%.

  • What are the total open charges for Arete It Services Private Limited?

    As per the financial statements for fiscal Year 2022, The total open charges for Arete It Services Private Limited amount to ₹ 4.30 Cr.

  • When was the last Balance Sheet of Arete It Services Private Limited filed with the ROC?

    The most recent Balance Sheet for Arete It Services Private Limited was filed with the ROC on 31 Mar 2024.

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