Areteans Technology Solutions Private Limited

Provides IT and computer-related services, specializing in Pega consulting, development, and optimization for various industries.

2015 | Rangareddy, Telangana (India) | Active
Last Updated: December 07, 2024

Areteans Technology Solutions Profile

Key Indicators

  • Authorised Capital ₹ 4.30 Cr
  • Paid Up Capital ₹ 3.79 Cr
  • Company Age 9 Year, 2 Months
  • Last Filing with ROC 31 Mar 2023
  • Satisfied Charges ₹ 19.04 Cr
  • Revenue Growth 96.91%
  • Profit Growth -777.74%
  • Ebitda -236.78%
  • Net Worth -105.02%
  • Total Assets 123.33%

About Areteans Technology Solutions

Areteans Technology Solutions Private Limited (ATSPL) is a Private Limited Indian Non-Government Company incorporated in India on 26 November 2015 (Nine years and two months 30 days old ). Its registered office is in Rangareddy, Telangana, 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 4.30 Cr and a paid-up capital of Rs 3.79 Cr.

The company has closed loans amounting to ₹19.04 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Areteans Technology Solutions Private Limited India is Mohit as CFO. Neeraj Puri, Mahesh Agrawal, Dara Akbarian, and Two other members serve as directors at the Company.

Company Details

  • Location

    Rangareddy, Telangana, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    areteanstech.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U72300TG2015PTC101943

  • Company No.

    101943

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    26 Nov 2015

  • Date of AGM

    18 Sep 2024

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Hyderabad

Industry

Information Technology

Who are the key members and board of directors at Areteans Technology Solutions?

Executive Team (1)

NameDesignationAppointment DateStatus
Mohit CFO01-Jun-2022Current

Board Members (5)

NameDesignationAppointment DateStatus
Neeraj Puri Country flag representing In Director 05-May-2021Current
Mahesh Agrawal Country flag representing In Director 26-Nov-2015Current
Dara Akbarian Country flag representing Us Director 05-May-2021Current
Honey Ng Country flag representing Sg Director 05-May-2021Current
Sanjeev Singh Country flag representing In Director 08-May-2024Current

Financial Performance of Areteans Technology Solutions.

Areteans Technology Solutions Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 96.91% increase. The company also saw a substantial fall in profitability, with a 777.74% decrease in profit. The company's net worth observed a substantial decline by a decrease of 105.02%.

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
96.91%
Revenue from Operations
95.68%
Total Assets
123.33%
Profit or Loss
-777.74%
Net Worth
-105.02%
EBITDA
-236.78%

What is the Ownership and Shareholding Structure of Areteans Technology Solutions?

In 2022, Areteans Technology Solutions had a promoter holding of 20.21% and a public holding of 79.79%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹19.04 Cr

Charges Breakdown by Lending Institutions

  • Others : 10.00 Cr
  • Hdfc Bank Limited : 9.04 Cr

Latest Charge Details

DateLenderAmountStatus
06 Dec 2019Hdfc Bank Limited₹9.04 CrSatisfied
15 May 2019Others₹10.00 CrSatisfied

How Many Employees Work at Areteans Technology Solutions?

Areteans Technology Solutions has a workforce of 703 employees as of Apr 04, 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 Areteans Technology Solutions, 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 Areteans Technology Solutions'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 Areteans Technology Solutions

Recent activity within the organization

  • Annual General Meeting

    Areteans Technology Solutions Private Limited last Annual general meeting of members was held on 18 Sep 2024 as per latest MCA records.

    18 Sep 2024

  • Director Appointment

    Sanjeev Kumar Singh was appointed as a Director was appointed as a Director on 08 May 2024 & has been associated with this company since 9 months 17 days .

    08 May 2024

  • Balance Sheet

    Areteans Technology Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Hyderabad.

    31 Mar 2023

  • Charges

    A charge registered on 06 Dec 2019 via Charge ID 100311138 with Hdfc Bank Limited was fully satisfied on 18 Jun 2021.

    18 Jun 2021

  • Director Appointment

    Neeraj Puri was appointed as a Director was appointed as a Director on 05 May 2021 & has been associated with this company since 3 years 9 months .

    05 May 2021

  • Director Appointment

    Dara Akbarian was appointed as a Director was appointed as a Director on 05 May 2021 & has been associated with this company since 3 years 9 months .

    05 May 2021

Frequently asked questions

  • Areteans Technology Solutions Private Limited was incorporated on 26 Nov 2015.

  • The authorized share capital of Areteans Technology Solutions Private Limited is ₹ 4.30 Cr and paid-up capital is ₹ 3.79 Cr.

  • Currently 6 directors are associated with Areteans Technology Solutions Private Limited.

    • Neeraj Puri
    • Mahesh Kumar Agrawal
    • Dara Akbarian
    • Honey Mei Chuen Ng
    • Sanjeev Kumar Singh
    • Mohit
  • As per Ministry of Corporate Affairs (Mca), the registered address of Areteans Technology Solutions Private Limited is 12Th Floor Meenakshi Tech Park Survey No. 39P Towers Road, G Achibowli India, Hyderabad, Telangana, 500032.

  • The corporate identification number (CIN) of Areteans Technology Solutions Private Limited is U72300TG2015PTC101943 and the company number is 101943 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Areteans Technology Solutions Private Limited is https://www.areteanstech.com

  • According to the financial reports for the fiscal year 2022, the revenue trend for Areteans Technology Solutions Private Limited has risen by 96.91%.

  • As Per 2022 financial reports, 703 employees are currently employed by Areteans Technology Solutions Private Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Areteans Technology Solutions Private Limited has experienced an downturn of -105.02%.

  • The most recent Balance Sheet for Areteans Technology Solutions Private Limited was filed with the ROC on 31 Mar 2023.

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