Arihant Retail Private Limited

Retail company with 10 showrooms selling garments, textiles, and furnishings from various brands.

1996 | Tondiarpet Fort St George, Tamil Nadu (India) | Active
Last Updated: July 02, 2024

Arihant Retail Profile

Key Indicators

  • Authorised Capital ₹ 18.00 Cr
  • Paid Up Capital ₹ 17.54 Cr
  • Company Age 28 Year, 8 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 89.35 Cr
  • Satisfied Charges ₹ 112.81 Cr
  • Revenue Growth -97.21%
  • Profit Growth 75.14%
  • Ebitda 99.38%
  • Net Worth -7.13%
  • Total Assets -6.18%

About Arihant Retail

Arihant Retail Private Limited (ARPL) is a Private Limited Indian Non-Government Company incorporated in India on 21 May 1996 and has a history of 28 years and eight months. Its registered office is in Tondiarpet Fort St George, Tamil Nadu, India.

The Corporate was formerly known as Manasee Textile Private Limited. The Company is engaged in the Fashion And Textile 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 18.00 Cr and a paid-up capital of Rs 17.54 Cr.

The company currently has active open charges totaling ₹89.35 Cr. The company has closed loans amounting to ₹112.81 Cr, as per Ministry of Corporate Affairs (MCA) records.

Pradeep Chetry and Vishal Surana serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    U18101TN1996PTC035532

  • Company No.

    035532

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    21 May 1996

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Fashion and Textile

What products or services does Arihant Retail Private Limited offer?

Arihant Retail Private Limited offers a wide range of products and services, including Undergarments & Inner Wear, Ladies Bra, Ladies Innerwear.

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

Board Members (2)

Name Designation Appointment Date Status
Vishal Surana Country flag representing In Director 30-Sep-2000 Current
Pradeep Chetry Director 20-Apr-2024 Current

Financial Performance of Arihant Retail.

Arihant Retail Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 97.21% decrease. The company also saw a substantial improvement in profitability, with a 75.14% increase in profit. The company's net worth dipped by a decrease of 7.13%.

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
-97.21%
Revenue from Operations
Total Assets
-6.18%
Profit or Loss
75.14%
Net Worth
-7.13%
EBITDA
99.38%

What is the Ownership and Shareholding Structure of Arihant Retail?

In 2023, Arihant Retail had a promoter holding of 62.04% and a public holding of 37.96%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹89.35 Cr

Satisfied Charges

₹112.81 Cr

Charges Breakdown by Lending Institutions

  • Others : 77.60 Cr
  • Axis Bank Limited : 11.75 Cr

Latest Charge Details

Date Lender Amount Status
28 Dec 2017 Others ₹52.00 Cr Open
30 Oct 2017 Axis Bank Limited ₹8.75 Cr Open
26 Sep 2017 Others ₹13.10 Cr Open
14 Jul 2017 Axis Bank Limited ₹3.00 Cr Open
01 Aug 2013 Others ₹12.50 Cr Open

How Many Employees Work at Arihant Retail?

Arihant Retail has a workforce of 69 employees as of Mar 30, 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 Retail, 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 Retail'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 Retail

Recent activity within the organization

  • Director Appointment

    Pradeep Chetry was appointed as a Director was appointed as a Director on 20 Apr 2024 & has been associated with this company since 9 months 20 days .

    20 Apr 2024

  • Annual General Meeting

    Arihant Retail Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Arihant Retail Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chennai.

    31 Mar 2023

  • Charges

    A charge with Others of Rs. 52.00 Cr registered on 28 Dec 2017 with Charge ID 100149613 was modified on 18 Jan 2019.

    18 Jan 2019

  • Charges

    A charge registered on 29 Dec 2016 via Charge ID 100084607 with Others was fully satisfied on 29 Jan 2018.

    29 Jan 2018

  • Charges

    A charge with Others amounted to Rs. 52.00 Cr with Charge ID 100149613 was registered on 28 Dec 2017.

    28 Dec 2017

Frequently asked questions

  • Arihant Retail Private Limited was incorporated on 21 May 1996.

  • The authorized share capital of Arihant Retail Private Limited is ₹ 18.00 Cr and paid-up capital is ₹ 17.54 Cr.

  • Currently 2 directors are associated with Arihant Retail Private Limited.

    • Pradeep Chetry
    • Vishal Surana
  • As per Ministry of Corporate Affairs (Mca), the registered address of Arihant Retail Private Limited is No.29 Namashivaya Street, Old Washermenpet Washermanpet, Tondiarpet Fort St George, Tamil Nadu, India, 600021.

  • The corporate identification number (CIN) of Arihant Retail Private Limited is U18101TN1996PTC035532 and the company number is 035532 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Arihant Retail Private Limited is https://www.careers.arihantretail.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Arihant Retail Private Limited has fallen by -97.21%.

  • As Per 2023 financial reports, 69 employees are currently employed by Arihant Retail Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Arihant Retail Private Limited has experienced an downturn of -7.13%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Arihant Retail Private Limited amount to ₹ 89.35 Cr.

  • The most recent Balance Sheet for Arihant Retail Private Limited was filed with the ROC on 31 Mar 2023.

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