Arete Trading Private Limited

Retail company selling jewelry, clothing, footwear, and sports items since 2011 in Vapi, Gujarat.

2011 | Vapi, Gujarat (India) | Active
Last Updated: July 30, 2024

Arete Trading Profile

Key Indicators

  • Authorised Capital ₹ 9.00 Cr
  • Paid Up Capital ₹ 8.00 Cr
  • Company Age 13 Year, 5 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 10.00 Cr
  • Satisfied Charges ₹ 7.65 Cr
  • Revenue Growth 32.48%
  • Profit Growth -154.51%
  • Ebitda 48.52%
  • Net Worth -9.26%
  • Total Assets 119.47%

About Arete Trading

Arete Trading Private Limited (ATPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 07 September 2011 and has a history of 13 years and five months. Its registered office is in Vapi, Gujarat, India.

The Company is engaged in the Consumer Services 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 9.00 Cr and a paid-up capital of Rs 8.00 Cr.

The company currently has active open charges totaling ₹10.00 Cr. The company has closed loans amounting to ₹7.65 Cr, as per Ministry of Corporate Affairs (MCA) records.

Mrugesh Oza and Maulesh Shah serve as directors at the Company.

Company Details

  • Location

    Vapi, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    areteservices.in

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U51109GJ2011PTC067037

  • Company No.

    067037

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    07 Sep 2011

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Consumer Services

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

Board Members (2)

NameDesignationAppointment DateStatus
Mrugesh Oza Country flag representing In Director 07-Sep-2011Current
Maulesh Shah Country flag representing In Director 07-Sep-2011Current

Financial Performance of Arete Trading.

Arete Trading Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 32.48% increase. The company also saw a substantial fall in profitability, with a 154.51% decrease in profit. The company's net worth dipped by a decrease of 9.26%.

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
32.48%
Revenue from Operations
32.18%
Total Assets
119.47%
Profit or Loss
-154.51%
Net Worth
-9.26%
EBITDA
48.52%

What is the Ownership and Shareholding Structure of Arete Trading?

In 2023, Arete Trading 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

₹10.00 Cr

Satisfied Charges

₹7.65 Cr

Charges Breakdown by Lending Institutions

  • Axis Bank Limited : 10.00 Cr

Latest Charge Details

DateLenderAmountStatus
18 Nov 2019Axis Bank Limited₹5.00 CrOpen
02 Aug 2019Axis Bank Limited₹5.00 CrOpen
23 Jan 2012State Bank Of India₹7.65 CrSatisfied

How Many Employees Work at Arete Trading?

Arete Trading has a workforce of 86 employees as of Apr 05, 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 Trading, 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 Trading'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 Trading

Recent activity within the organization

  • Annual General Meeting

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

    31 Mar 2023

  • Charges

    A charge with Axis Bank Limited of Rs. 5.00 Cr registered on 18 Nov 2019 with Charge ID 100305981 was modified on 30 Dec 2020.

    30 Dec 2020

  • Charges

    A charge with Axis Bank Limited of Rs. 5.00 Cr registered on 02 Aug 2019 with Charge ID 100284192 was modified on 10 Dec 2020.

    10 Dec 2020

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 5.00 Cr with Charge ID 100305981 was registered on 18 Nov 2019.

    18 Nov 2019

  • Charges

    A charge registered on 23 Jan 2012 via Charge ID 10336811 with State Bank Of India was fully satisfied on 26 Aug 2019.

    26 Aug 2019

Recent News, Updates & Announcement

Frequently asked questions

  • Arete Trading Private Limited was incorporated on 07 Sep 2011.

  • The authorized share capital of Arete Trading Private Limited is ₹ 9.00 Cr and paid-up capital is ₹ 8.00 Cr.

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

    • Mrugesh Dhimantrai Oza
    • Maulesh Jayendrabhai Shah
  • As per Ministry of Corporate Affairs (Mca), the registered address of Arete Trading Private Limited is Plot No C-7/67/P Koparali Road N H No 8 Gidc, Vapi, Gujarat, India, 396195.

  • The corporate identification number (CIN) of Arete Trading Private Limited is U51109GJ2011PTC067037 and the company number is 067037 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Arete Trading Private Limited is https://www.areteservices.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Arete Trading Private Limited has risen by 32.48%.

  • As Per 2023 financial reports, 86 employees are currently employed by Arete Trading Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Arete Trading Private Limited has experienced an downturn of -9.26%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Arete Trading Private Limited amount to ₹ 10.00 Cr.

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