Arihant Industrial Corporation Limited

Manufactures and exports playground and water park equipment including swings, slides, and water slides.

1984 | Thane, Maharashtra (India) | Active
Last Updated: December 06, 2024

Arihant Industrial Corporation Profile

Key Indicators

  • Authorised Capital ₹ 5.50 Cr
  • Paid Up Capital ₹ 5.26 Cr
  • Company Age 40 Year, 4 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 46.83 Cr
  • Satisfied Charges ₹ 67.97 Cr
  • Revenue Growth 71.79%
  • Profit Growth -263.14%
  • Ebitda 84.10%
  • Net Worth -59.15%
  • Total Assets -34.04%

About Arihant Industrial Corporation

Arihant Industrial Corporation Limited (AICL) is a leading Public Limited Indian Non-Government Company incorporated in India on 15 September 1984 and has a history of 40 years and four months. Its registered office is in Thane, Maharashtra, India.

The Corporate was formerly known as Arihant Machine Builders And Structural Engineers Private Limited. The Company is engaged in the Events And Entertainment 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 5.50 Cr and a paid-up capital of Rs 5.26 Cr.

The company currently has active open charges totaling ₹46.83 Cr. The company has closed loans amounting to ₹67.97 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Arihant Industrial Corporation Limited India is Rahul Chheda as CFO. Virendra Shah, Rajen Shah, Hardik Shah, and One other member serve as directors at the Company.

Company Details

  • Location

    Thane, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U45270MH1984PLC034030

  • Company No.

    034030

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    15 Sep 1984

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Events and Entertainment

What products or services does Arihant Industrial Corporation Limited offer?

Arihant Industrial Corporation Limited offers a wide range of products and services, including Swimming Pool & Water Sport Goods, Swimming Pools, Fun Parks & Amusement Park Equipment, Water Slides, Amusement Park Equipments, Flower Pots & Vases, Vases, Playground Climber, Door & Window, Hinges & Fittings, Gate Hardware.

Who are the key members and board of directors at Arihant Industrial Corporation?

Executive Team (2)

NameDesignationAppointment DateStatus
Rajen Shah Country flag representing In Managing Director15-Sep-1984Current
Rahul Chheda CFO23-Aug-2024Current

Board Members (3)

NameDesignationAppointment DateStatus
Virendra Shah Country flag representing In Director 29-Sep-2018Current
Hardik Shah Country flag representing In Whole-Time Director 31-Jul-2023Current
Darpan Shah Country flag representing In Whole-Time Director 01-Jan-2023Current

Financial Performance of Arihant Industrial Corporation.

Arihant Industrial Corporation Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 71.79% increase. The company also saw a substantial fall in profitability, with a 263.14% decrease in profit. The company's net worth observed a substantial decline by a decrease of 59.15%.

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
71.79%
Revenue from Operations
69.40%
Total Assets
-34.04%
Profit or Loss
-263.14%
Net Worth
-59.15%
EBITDA
84.10%

What is the Ownership and Shareholding Structure of Arihant Industrial Corporation?

In 2022, Arihant Industrial Corporation had a promoter holding of 65.31% and a public holding of 34.70%. 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

₹46.83 Cr

Satisfied Charges

₹67.97 Cr

Charges Breakdown by Lending Institutions

  • Others : 46.80 Cr
  • The Saraswat Co-Operative Bank Ltd. : 0.03 Cr

Latest Charge Details

DateLenderAmountStatus
14 Jun 2024Others₹6.08 MOpen
17 Nov 2022Others₹0.94 MOpen
16 Oct 2019Others₹11.75 CrOpen
13 Jun 2018Others₹5.00 CrOpen
27 Oct 2015Others₹5.00 CrOpen

How Many Employees Work at Arihant Industrial Corporation?

Arihant Industrial Corporation has a workforce of 214 employees as of Apr 07, 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 Arihant Industrial Corporation, 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 Arihant Industrial Corporation'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 Arihant Industrial Corporation

Recent activity within the organization

  • Annual General Meeting

    Arihant Industrial Corporation Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Director Appointment

    Rahul Talak Chheda was appointed as a Cfo was appointed as a Cfo on 23 Aug 2024 & has been associated with this company since 5 months 9 days .

    23 Aug 2024

  • Charges

    A charge with Others amounted to Rs. 0.61 Cr with Charge ID 100940037 was registered on 14 Jun 2024.

    14 Jun 2024

  • Balance Sheet

    Arihant Industrial Corporation Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

    31 Mar 2024

  • Charges

    A charge registered on 29 Sep 2006 via Charge ID 10025636 with The Saraswat Co-Operative Bank Limited was fully satisfied on 14 Mar 2024.

    14 Mar 2024

  • Director Appointment

    Hardik Sharad Shah was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 31 Jul 2023 & has been associated with this company since 1 year 6 months .

    31 Jul 2023

Frequently asked questions

  • Arihant Industrial Corporation Limited was incorporated on 15 Sep 1984.

  • The authorized share capital of Arihant Industrial Corporation Limited is ₹ 5.50 Cr and paid-up capital is ₹ 5.26 Cr.

  • Currently 5 directors are associated with Arihant Industrial Corporation Limited.

    • Virendra Shantilal Shah
    • Rajen Shantilal Shah
    • Hardik Sharad Shah
    • Darpan Shah
    • Rahul Talak Chheda
  • As per Ministry of Corporate Affairs (Mca), the registered address of Arihant Industrial Corporation Limited is Survey 21 Opp. Bhulani Industrial Estate -Manor Rd Netali, India, Palghar, Maharashtra, 401404.

  • The corporate identification number (CIN) of Arihant Industrial Corporation Limited is U45270MH1984PLC034030 and the company number is 034030 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Arihant Industrial Corporation Limited is https://www.arihant.com

  • According to the financial reports for the fiscal year 2022, the revenue trend for Arihant Industrial Corporation Limited has risen by 71.79%.

  • As Per 2022 financial reports, 214 employees are currently employed by Arihant Industrial Corporation Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Arihant Industrial Corporation Limited has experienced an downturn of -59.15%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Arihant Industrial Corporation Limited amount to ₹ 46.83 Cr.

  • The most recent Balance Sheet for Arihant Industrial Corporation Limited was filed with the ROC on 31 Mar 2024.

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