Arete Manufacturing Services Profile
Key Indicators
- Authorised Capital ₹ 5.00 M
- Paid Up Capital ₹ 3.00 M
- Company Age 6 Year, 7 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 6.75 Cr
- Satisfied Charges ₹ 1.19 Cr
- Revenue Growth 17.49%
- Profit Growth -38.52%
- Ebitda -3.94%
- Net Worth 267.54%
- Total Assets 39.88%
About Arete Manufacturing Services
Arete Manufacturing Services Private Limited (AMSPL) is a Private Limited Indian Non-Government Company incorporated in India on 25 June 2018 (Six years and seven months 11 days old ). Its registered office is in Pune, Maharashtra, 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 2023. It's a company limited by shares with an authorized capital of Rs 5.00 M and a paid-up capital of Rs 3.00 M.
The company currently has active open charges totaling ₹6.75 Cr. The company has closed loans amounting to ₹1.19 Cr, as per Ministry of Corporate Affairs (MCA) records.
Abhijeet Kulkarni, Manorama Kulkarni, and Madhav Kulkarni serve as directors at the Company.
Company Details
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Location
Pune, Maharashtra, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media
Corporate Identity Details
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CIN/LLPIN
U74999PN2018PTC177382
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Company No.
177382
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
25 Jun 2018
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Date of AGM
30 Sep 2023
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Date of Balance Sheet
31 Mar 2023
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Listing Status
Unlisted
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ROC Code
Roc Pune
Industry
Who are the key members and board of directors at Arete Manufacturing Services?
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Abhijeet Kulkarni
|
Director | 11-Jul-2023 | Current |
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Manorama Kulkarni
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Director | 25-Jun-2018 | Current |
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Madhav Kulkarni
|
Director | 30-Nov-2021 | Current |
Financial Performance of Arete Manufacturing Services.
Arete Manufacturing Services Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 17.49% increase. The company also saw a substantial fall in profitability, with a 38.52% decrease in profit. The company's net worth Soared by an impressive increase of 267.54%.
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What is the Ownership and Shareholding Structure of Arete Manufacturing Services?
In 2023, Arete Manufacturing 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.
Charges (Loans)
₹67.46 M
₹11.90 M
Charges Breakdown by Lending Institutions
- Sidbi : 4.75 Cr
- Others : 2.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 27 Sep 2023 | Sidbi | ₹1.58 Cr | Open |
| 30 Nov 2022 | Sidbi | ₹1.94 Cr | Open |
| 28 Feb 2022 | Sidbi | ₹1.23 Cr | Open |
| 06 Sep 2018 | Others | ₹2.00 Cr | Open |
| 25 Sep 2018 | State Bank Of India | ₹1.19 Cr | Satisfied |
How Many Employees Work at Arete Manufacturing Services?
Arete Manufacturing Services has a workforce of 46 employees as of Mar 31, 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 Manufacturing 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 Manufacturing 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.
