Arex Industries Profile
Key Indicators
- Authorised Capital ₹ 5.00 Cr
- Paid Up Capital ₹ 3.96 Cr
- Company Age 35 Year, 9 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 33.50 Cr
- Satisfied Charges ₹ 18.87 Cr
- Revenue Growth -16.09%
- Profit Growth -81.05%
- Ebitda -38.12%
- Net Worth 2.47%
- Total Assets -9.85%
About Arex Industries
Arex Industries Limited (AIL) is a leading Public Limited Indian Non-Government Company incorporated in India on 10 May 1989 and has a history of 35 years and nine months. Its registered office is in Gandhi Nagar, Gujarat, India.
It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 526851.
The Corporate was formerly known as Arex Narrow Fabrics Limited. The Company is engaged in the Environment 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 Cr and a paid-up capital of Rs 3.96 Cr.
The company currently has active open charges totaling ₹33.50 Cr. The company has closed loans amounting to ₹18.87 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Arex Industries Limited India are Kairavi Bilgi as COMPANY SECRETARY and Dinesh Bilgi as Cfo. Dinesh Bilgi, Pragnesh Shah, Chirag Bilgi, and Six other members serve as directors at the Company.
Company Details
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Location
Gandhi Nagar, Gujarat, 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
L99999GJ1989PLC012213
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Company No.
012213
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Stock Symbol
BSE : 526851
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Company Classification
Public Limited Indian Non-Government Company
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Incorporation Date
10 May 1989
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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
Listed
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ROC Code
Roc Ahmedabad
Industry
Who are the key members and board of directors at Arex Industries?
Executive Team (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Kairavi Bilgi
|
Company Secretary | 01-Sep-2015 | Current |
|
Dinesh Bilgi
|
Managing Director | 01-May-2009 | Current |
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Chirag Bilgi
|
Managing Director | 01-Aug-2010 | Current |
|
Neel Bilgi
|
Managing Director | 01-Aug-2005 | Current |
Board Members (6)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
|
Pragnesh Shah
|
Director | 14-Dec-1990 | Current |
|
Harsha Parikh
|
Director | 01-Aug-2014 | Current |
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Aviv Divekar
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Director | 01-Sep-2021 | Current |
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Laxman Tilani
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Director | 14-Dec-1990 | Current |
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Vasant Shah
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Director | 11-Jul-1994 | Current |
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Balkrishna Makwana
|
Director | 01-Feb-2003 | Current |
Financial Performance of Arex Industries.
Arex Industries Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 16.09% decrease. The company also saw a substantial fall in profitability, with a 81.05% decrease in profit. The company's net worth moved up by a moderate rise of 2.47%.
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What is the Ownership and Shareholding Structure of Arex Industries?
In 2023, Arex Industries had a promoter holding of 66.65% and a public holding of 33.35%. 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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Ultra Polydye Private LimitedDinesh Bilgi is a mutual person
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Astech Informatics Limited
Aviv Divekar is a mutual person
Charges (Loans)
₹33.50 Cr
₹18.87 Cr
Charges Breakdown by Lending Institutions
- State Bank Of India : 33.50 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 28 Nov 1994 | State Bank Of India | ₹16.75 Cr | Open |
| 28 Nov 1994 | State Bank Of India | ₹16.75 Cr | Open |
| 26 Sep 2014 | The Bhagyodaya Co-Op. Bank Ltd. | ₹1.50 M | Satisfied |
| 26 Sep 2014 | Hdfc Bank Limited | ₹1.10 M | Satisfied |
| 20 Sep 2014 | The Bhagyodaya Co-Op. Bank Ltd. | ₹0.50 M | Satisfied |
How Many Employees Work at Arex Industries?
Arex Industries has a workforce of 212 employees as of Apr 08, 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 Arex Industries, 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 Arex Industries'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.
