Aries Renewables Private Limited

Renewable energy company that generates and distributes electric power from various sources.

2016 | Ahmedabad, Gujarat (India) | Active
Last Updated:

Aries Renewables Profile

Key Indicators

  • Authorised Capital ₹ 5.60 M
  • Paid Up Capital ₹ 5.26 M
  • Company Age 8 Year, 6 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 85.53 Cr
  • Revenue Growth -30.90%
  • Profit Growth 17.49%
  • Ebitda -173.30%
  • Net Worth 0.22%
  • Total Assets 0.11%

About Aries Renewables

Aries Renewables Private Limited (ARPL) is a Private Limited Indian Non-Government Company incorporated in India on 11 August 2016 (Eight years and six months 30 days old ). Its registered office is in Ahmedabad, Gujarat, India.

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 2024. It's a company limited by shares with an authorized capital of Rs 5.60 M and a paid-up capital of Rs 5.26 M.

The company currently has active open charges totaling ₹85.53 Cr.

Kishor Mandalia and Yash Mandalia serve as directors at the Company.

Company Details

  • Location

    Ahmedabad, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U40103GJ2016PTC093315

  • Company No.

    093315

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    11 Aug 2016

  • Date of AGM

    28 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Environment

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

Board Members (2)

NameDesignationAppointment DateStatus
Kishor Mandalia Country flag representing In Director 30-Nov-2022Current
Yash Mandalia Country flag representing In Director 30-Nov-2022Current

Financial Performance of Aries Renewables.

Aries Renewables Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 30.9% decrease. The company also saw a substantial improvement in profitability, with a 17.49% increase in profit. The company's net worth moved up by a moderate rise of 0.22%.

Aries Renewables revenue growth over time
Aries Renewables 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
-30.90%
Revenue from Operations
-100.00%
Total Assets
0.11%
Profit or Loss
17.49%
Net Worth
0.22%
EBITDA
-173.30%

What is the Ownership and Shareholding Structure of Aries Renewables?

In 2023, Aries Renewables had a promoter holding of 100.00%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹855.30 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Others : 85.53 Cr

Latest Charge Details

DateLenderAmountStatus
20 Dec 2022Others₹85.53 CrOpen

How Many Employees Work at Aries Renewables?

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

Employee growth trends for Aries Renewables Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Aries Renewables, 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 Renewables'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 Renewables

Recent activity within the organization

  • Annual General Meeting

    Aries Renewables Private Limited last Annual general meeting of members was held on 28 Sep 2024 as per latest MCA records.

  • Balance Sheet

    Aries Renewables Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.

  • Charges

    A charge with Others amounted to Rs. 855.30 M with Charge ID 100654986 was registered on 20 Dec 2022.

  • Director Appointment

    Kishor Pranjivandas Mandalia was appointed as a Director was appointed as a Director on 30 Nov 2022 & has been associated with this company since 2 years 3 months .

  • Director Appointment

    Yash Kishorbhai Mandalia was appointed as a Director was appointed as a Director on 30 Nov 2022 & has been associated with this company since 2 years 3 months .

  • Company Incorporation

    Aries Renewables Private Limited was registered on 11 Aug 2016 with Roc Ahmedabad & aged 8 years 6 months as per MCA records.

Frequently asked questions

  • What is the Incorporation or founding date of Aries Renewables Private Limited?

    Aries Renewables Private Limited was incorporated on 11 Aug 2016.

  • What is authorized share capital and paid-up capital of Aries Renewables Private Limited?

    The authorized share capital of Aries Renewables Private Limited is ₹ 5.60 M and paid-up capital is ₹ 5.26 M.

  • Who are the current board members & directors of Aries Renewables Private Limited?

    Currently 2 directors are associated with Aries Renewables Private Limited.

    • Kishor Pranjivandas Mandalia
    • Yash Kishorbhai Mandalia

  • What is the registered address of Aries Renewables Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Aries Renewables Private Limited is U-02 Swagat B/S Lal Bungla, C.G. Road India, Ahmedabad, Gujarat, 380006.

  • What is the corporate identification number (CIN) and company number of Aries Renewables Private Limited?

    The corporate identification number (CIN) of Aries Renewables Private Limited is U40103GJ2016PTC093315 and the company number is 093315 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for Aries Renewables Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Aries Renewables Private Limited has fallen by -30.90%.

  • What change has been observed in the net worth of Aries Renewables Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Aries Renewables Private Limited has experienced an upsurge of 0.22%.

  • What are the total open charges for Aries Renewables Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Aries Renewables Private Limited amount to ₹ 85.53 Cr.

  • When was the last Balance Sheet of Aries Renewables Private Limited filed with the ROC?

    The most recent Balance Sheet for Aries Renewables Private Limited was filed with the ROC on 31 Mar 2024.

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