Arete It Services Profile
Key Indicators
- Authorised Capital ₹ 2.25 Cr
- Paid Up Capital ₹ 2.25 Cr
- Company Age 11 Year, 2 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 two 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
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Location
Krishna, Andhra Pradesh, India
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Telephone
+91-XXXXXXXXXX
- Email Address
- Website
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Social Media
Corporate Identity Details
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CIN/LLPIN
U72200AP2013PTC091675
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Company No.
091675
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
13 Dec 2013
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Date of AGM
30 Sep 2024
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Date of Balance Sheet
31 Mar 2024
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Listing Status
Unlisted
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ROC Code
Roc Vijayawada
Industry
Who are the key members and board of directors at Arete It Services?
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Nagidi Krishna
|
Director | 13-Dec-2013 | Current |
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Vara Nagidi
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Director | 30-Sep-2022 | Current |
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%.
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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.
Related Corporates (Common Directorship)
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Tirupati Electronics Manufacturing Cluster LimitedVara Nagidi is a mutual person
Charges (Loans)
₹4.30 Cr
₹0
Charges Breakdown by Lending Institutions
- Sidbi : 4.30 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 15 Mar 2023 | Sidbi | ₹4.30 Cr | Open |
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.
Deals i
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
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.
