Ariston Group India Private Limited

Provides water heating solutions including electric, gas, solar, and heat pump geysers.

2016 | Pune, Maharashtra (India) | Active
Last Updated: November 16, 2024

Ariston Group India Profile

Key Indicators

  • Authorised Capital ₹ 80.00 Cr
  • Paid Up Capital ₹ 45.75 Cr
  • Company Age 8 Year, 6 Months
  • Last Filing with ROC 31 Dec 2023
  • Open Charges ₹ 1.00 Cr
  • Revenue Growth 0.61%
  • Profit Growth -264.64%
  • Ebitda -125.11%
  • Net Worth 145.77%
  • Total Assets 2.51%

About Ariston Group India

Ariston Group India Private Limited (AGIPL) is a Private Limited Foreign Company Incorporated In India incorporated in India on 10 August 2016 (Eight years and six months 19 days old ). Its registered office is in Pune, Maharashtra, India.

The Corporate was formerly known as Ariston Thermo India Private Limited. The Company is engaged in the Consumer Electronics & Durables Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 December 2023. It's a company limited by shares with an authorized capital of Rs 80.00 Cr and a paid-up capital of Rs 45.75 Cr.

The company currently has active open charges totaling ₹1.00 Cr.

The Key Managerial Personnel (KMP) at Ariston Group India Private Limited India is Arati Godbole as COMPANY SECRETARY. Mohit Narula, Emanuele Stano, and Jacopo Bindi serve as directors at the Company.

Company Details

  • Location

    Pune, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    racold.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U31900PN2016FTC165930

  • Company No.

    165930

  • Company Classification

    Private Limited Foreign Company Incorporated In India

  • Incorporation Date

    10 Aug 2016

  • Date of AGM

    14 May 2024

  • Date of Balance Sheet

    31 Dec 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Pune

Industry

Consumer Electronics & Durables

What products or services does Ariston Group India Private Limited offer?

Ariston Group India Private Limited offers a wide range of products and services, including Water Heater & Geyser, Electric Water Heater, Racold Water Heater & Geyser, Solar Water Heater, Racold Solar Water Heater, Industrial Heaters, Heat Pump Water Heater, Omega Solar Water Heater, Industrial Solar Water Heater.

Who are the key members and board of directors at Ariston Group India?

Executive Team (2)

NameDesignationAppointment DateStatus
Mohit Narula Country flag representing In Managing Director31-May-2019Current
Arati Godbole Country flag representing In Company Secretary21-Mar-2022Current

Financial Performance of Ariston Group India.

Ariston Group India Private Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 0.61% increase. The company also saw a substantial fall in profitability, with a 264.64% decrease in profit. The company's net worth Soared by an impressive increase of 145.77%.

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
0.61%
Revenue from Operations
0.89%
Total Assets
2.51%
Profit or Loss
-264.64%
Net Worth
145.77%
EBITDA
-125.11%

What is the Ownership and Shareholding Structure of Ariston Group India?

In 2022, Ariston Group India had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹1.00 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • The Hongkong And Shanghai Banking Corporation Limited : 1.00 Cr

Latest Charge Details

DateLenderAmountStatus
12 Feb 2021The Hongkong And Shanghai Banking Corporation Limited₹1.00 CrOpen

How Many Employees Work at Ariston Group India?

Ariston Group India has a workforce of 131 employees as of Apr 02, 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 Ariston Group India, 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 Ariston Group India'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 Ariston Group India

Recent activity within the organization

  • Annual General Meeting

    Ariston Group India Private Limited last Annual general meeting of members was held on 14 May 2024 as per latest MCA records.

    14 May 2024

  • Balance Sheet

    Ariston Group India Private Limited has filed its annual Financial statements for the year ended 31 Dec 2023 with Roc Pune.

    31 Dec 2023

  • Director Appointment

    Jacopo Bindi was appointed as a Director was appointed as a Director on 01 Jan 2023 & has been associated with this company since 2 years 1 month .

    01 Jan 2023

  • Director Appointment

    Emanuele Stano was appointed as a Director was appointed as a Director on 29 Aug 2022 & has been associated with this company since 2 years 6 months .

    29 Aug 2022

  • Director Appointment

    Arati Ashok Godbole was appointed as a Company Secretary was appointed as a Company Secretary on 21 Mar 2022 & has been associated with this company since 2 years 11 months .

    21 Mar 2022

  • Charges

    A charge with The Hongkong And Shanghai Banking Corporation Limited amounted to Rs. 1.00 Cr with Charge ID 100422150 was registered on 12 Feb 2021.

    12 Feb 2021

Frequently asked questions

  • What is the Incorporation or founding date of Ariston Group India Private Limited?

    Ariston Group India Private Limited was incorporated on 10 Aug 2016.

  • What is authorized share capital and paid-up capital of Ariston Group India Private Limited?

    The authorized share capital of Ariston Group India Private Limited is ₹ 80.00 Cr and paid-up capital is ₹ 45.75 Cr.

  • Who are the current board members & directors of Ariston Group India Private Limited?

    Currently 4 directors are associated with Ariston Group India Private Limited.

    • Mohit Narula
    • Emanuele Stano
    • Arati Ashok Godbole
    • Jacopo Bindi
  • What is the registered address of Ariston Group India Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Ariston Group India Private Limited is 1St Floor Office No. 103 Mayfair Tower Wakdewadi Shivajinagar, India, Pune, Maharashtra, 411005.

  • What is the corporate identification number (CIN) and company number of Ariston Group India Private Limited?

    The corporate identification number (CIN) of Ariston Group India Private Limited is U31900PN2016FTC165930 and the company number is 165930 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Ariston Group India Private Limited?

    The Official website of Ariston Group India Private Limited is https://www.racold.com

  • What has been the recent revenue trend for Ariston Group India Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Ariston Group India Private Limited has risen by 0.61%.

  • How many employees does Ariston Group India Private Limited currently have?

    As Per 2023 financial reports, 131 employees are currently employed by Ariston Group India Private Limited.

  • What change has been observed in the net worth of Ariston Group India Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Ariston Group India Private Limited has experienced an upsurge of 145.77%.

  • What are the total open charges for Ariston Group India Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Ariston Group India Private Limited amount to ₹ 1.00 Cr.

  • When was the last Balance Sheet of Ariston Group India Private Limited filed with the ROC?

    The most recent Balance Sheet for Ariston Group India Private Limited was filed with the ROC on 31 Dec 2023.

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