Aries Financial Services Limited

Founded in 1993 and headquartered in Punjab, India.

1993 | Ludhiana, Punjab (India) | Active
Last Updated: December 15, 2024

Aries Financial Services Profile

Key Indicators

  • Authorised Capital ₹ 1.50 M
  • Paid Up Capital ₹ 0.50 M
  • Company Age 31 Year, 11 Months
  • Last Filing with ROC 31 Mar 2020
  • Revenue Growth -12.15%
  • Profit Growth 7.71%
  • Ebitda -58.77%
  • Net Worth 20.96%
  • Total Assets -8.42%

About Aries Financial Services

Aries Financial Services Limited (AFSL) is a Public Limited Indian Non-Government Company incorporated in India on 17 February 1993 and has a history of 31 years and 11 months. Its registered office is in Ludhiana, Punjab, India.

The Corporate was formerly known as Aries Financial Services Private Limited. The Company is engaged in the Financial Services Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2020. It's a company limited by shares with an authorized capital of Rs 1.50 M and a paid-up capital of Rs 0.50 M, as per Ministry of Corporate Affairs (MCA) records.

Sachin Sood, Kamal Sood, and Sinder Singh serve as directors at the Company.

Company Details

  • Location

    Ludhiana, Punjab, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U01100PB1993PLC013065

  • Company No.

    013065

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    17 Feb 1993

  • Date of AGM

    31 Dec 2020

  • Date of Balance Sheet

    31 Mar 2020

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chandigarh

Industry

Financial Services

Who are the key members and board of directors at Aries Financial Services?

Board Members (3)

Name Designation Appointment Date Status
Sachin Sood Country flag representing In Director 25-Apr-2018 Current
Kamal Sood Country flag representing In Director 01-Apr-2017 Current
Sinder Singh Country flag representing In Director 01-Apr-2017 Current

Financial Performance of Aries Financial Services.

Aries Financial Services Limited, for the financial year ended 2017, experienced significant reduction in revenue, with a 12.15% decrease. The company also saw a slight improvement in profitability, with a 7.71% increase in profit. The company's net worth Soared by an impressive increase of 20.96%.

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
-12.15%
Revenue from Operations
-20.01%
Total Assets
-8.42%
Profit or Loss
7.71%
Net Worth
20.96%
EBITDA
-58.77%

What is the Ownership and Shareholding Structure of Aries Financial Services?

In 2017, Aries Financial Services had a promoter holding of 90.00% and a public holding of 10.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Aries Financial Services?

Unlock and access historical data on people associated with Aries Financial Services, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Aries Financial 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 Aries Financial Services'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 Aries Financial Services

Recent activity within the organization

  • Annual General Meeting

    Aries Financial Services Limited last Annual general meeting of members was held on 31 Dec 2020 as per latest MCA records.

    31 Dec 2020

  • Balance Sheet

    Aries Financial Services Limited has filed its annual Financial statements for the year ended 31 Mar 2020 with Roc Chandigarh.

    31 Mar 2020

  • Director Appointment

    Sachin Sood was appointed as a Director was appointed as a Director on 25 Apr 2018 & has been associated with this company since 6 years 9 months .

    25 Apr 2018

  • Director Appointment

    Kamal Sood was appointed as a Director was appointed as a Director on 01 Apr 2017 & has been associated with this company since 7 years 10 months .

    01 Apr 2017

  • Director Appointment

    Sinder Pal Singh was appointed as a Director was appointed as a Director on 01 Apr 2017 & has been associated with this company since 7 years 10 months .

    01 Apr 2017

  • Company Incorporation

    Aries Financial Services Limited was registered on 17 Feb 1993 with Roc Chandigarh & aged 31 years 11 months as per MCA records.

    17 Feb 1993

Frequently asked questions

  • Aries Financial Services Limited was incorporated on 17 Feb 1993.

  • The authorized share capital of Aries Financial Services Limited is ₹ 1.50 M and paid-up capital is ₹ 0.50 M.

  • Currently 3 directors are associated with Aries Financial Services Limited.

    • Sachin Sood
    • Kamal Sood
    • Sinder Pal Singh
  • As per Ministry of Corporate Affairs (Mca), the registered address of Aries Financial Services Limited is Sco 130 131A 132A Office No 801 8Th Floor Apra Towers, Feroze Gandhi Market India, Ludhiana, Punjab, 141002.

  • The corporate identification number (CIN) of Aries Financial Services Limited is U01100PB1993PLC013065 and the company number is 013065 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2017, the revenue trend for Aries Financial Services Limited has fallen by -12.15%.

  • The financial reports for the fiscal year 2017 indicates that The net worth of Aries Financial Services Limited has experienced an upsurge of 20.96%.

  • The most recent Balance Sheet for Aries Financial Services Limited was filed with the ROC on 31 Mar 2020.

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