Arete Trading Profile
Key Indicators
- Authorised Capital ₹ 9.00 Cr
- Paid Up Capital ₹ 8.00 Cr
- Company Age 13 Year, 6 Months
- Last Filing with ROC 31 Mar 2024
- 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 six months. Its registered office is in Valsad, 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 2024. 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.
Maulesh Shah and Mrugesh Oza serve as directors at the Company.
Company Details
- Location
Valsad, Gujarat, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- 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 2024
- Date of Balance Sheet
31 Mar 2024
- 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)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Maulesh Shah  | Director | 07-Sep-2011 | Current |
| Mrugesh Oza | Director | 07-Sep-2011 | Current |
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%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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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.
Related Corporates (Common Directorship)
Altman Buildcon Private LimitedMaulesh Shah is a mutual person
- Adharbhut Industrial Park Private Limited
Maulesh Shah is a mutual person
- Ample Industrial Park Private Limited
Maulesh Shah is a mutual person
- Arete Financial Services Private Limited
Maulesh Shah is a mutual person
- Arete Services Private Limited
Mrugesh Oza is a mutual person
Pip Infra Private LimitedMaulesh Shah is a mutual person
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
| Date | Lender | Amount | Status |
|---|---|---|---|
| 18 Nov 2019 | Axis Bank Limited | ₹5.00 Cr | Open |
| 02 Aug 2019 | Axis Bank Limited | ₹5.00 Cr | Open |
| 23 Jan 2012 | State Bank Of India | ₹7.65 Cr | Satisfied |
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.
Deals i
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
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.
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 2024 as per latest MCA records.
- Balance Sheet
Arete Trading Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.
- 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.
- 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.
- Charges
A charge with Axis Bank Limited amounted to Rs. 5.00 Cr with Charge ID 100305981 was registered on 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.
Recent News, Updates & Announcement
Frequently asked questions
What is the Incorporation or founding date of Arete Trading Private Limited?
Arete Trading Private Limited was incorporated on 07 Sep 2011.
What is authorized share capital and paid-up capital of Arete Trading Private Limited?
The authorized share capital of Arete Trading Private Limited is ₹ 9.00 Cr and paid-up capital is ₹ 8.00 Cr.
Who are the current board members & directors of Arete Trading Private Limited?
Currently 2 directors are associated with Arete Trading Private Limited.
- Maulesh Jayendrabhai Shah
- Mrugesh Dhimantrai Oza
What is the registered address of Arete Trading Private Limited?
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 8, Gidc India, Vapi, Gujarat, 396195.
What is the corporate identification number (CIN) and company number of Arete Trading Private Limited?
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).
What is the official website of Arete Trading Private Limited?
The Official website of Arete Trading Private Limited is https://www.areteservices.in
What has been the recent revenue trend for Arete Trading Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Arete Trading Private Limited has risen by 32.48%.
How many employees does Arete Trading Private Limited currently have?
As Per 2023 financial reports, 86 employees are currently employed by Arete Trading Private Limited.
What change has been observed in the net worth of Arete Trading Private Limited, and by what percentage?
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%.
What are the total open charges for Arete Trading Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Arete Trading Private Limited amount to ₹ 10.00 Cr.
When was the last Balance Sheet of Arete Trading Private Limited filed with the ROC?
The most recent Balance Sheet for Arete Trading Private Limited was filed with the ROC on 31 Mar 2024.