Armaan Industries Profile
Key Indicators
- Authorised Capital ₹ 2.00 Cr
- Paid Up Capital ₹ 1.87 Cr
- Company Age 23 Year, 2 Days
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 82.27 Cr
- Satisfied Charges ₹ 33.54 Cr
- Revenue Growth 23.80%
- Profit Growth -62.31%
- Ebitda 137.16%
- Net Worth 3.54%
- Total Assets 18.61%
About Armaan Industries
Armaan Industries Private Limited (AIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 22 February 2002 and has a history of 23 years. Its registered office is in Surat, Gujarat, India.
The Corporate was formerly known as Sangam Creations Private Limited. The Company is engaged in the Manufacturing 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 2.00 Cr and a paid-up capital of Rs 1.87 Cr.
The company currently has active open charges totaling ₹82.27 Cr. The company has closed loans amounting to ₹33.54 Cr, as per Ministry of Corporate Affairs (MCA) records.
Kamal Bhutra, Jugal Bhutra, and Ramratan Bhutra serve as directors at the Company.
Company Details
- Location
Surat, Gujarat, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media -
Corporate Identity Details
- CIN/LLPIN
U17119GJ2002PTC040497
- Company No.
040497
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
22 Feb 2002
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Ahmedabad
Industry
Who are the key members and board of directors at Armaan Industries?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Ramratan Bhutra  | Managing Director | 05-Jun-2014 | Current |
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Kamal Bhutra | Whole-Time Director | 26-Sep-2006 | Current |
| Jugal Bhutra | Director | 20-Sep-2006 | Current |
Financial Performance of Armaan Industries.
Armaan Industries Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 23.8% increase. The company also saw a substantial fall in profitability, with a 62.31% decrease in profit. The company's net worth moved up by a moderate rise of 3.54%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Armaan Industries?
In 2023, Armaan Industries had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Krifour Industries Private LimitedJugal Bhutra is a mutual person
Aklavya Industries Private LimitedKamal Bhutra and Jugal Bhutra are mutual person
Win Amr Systems Private LimitedJugal Bhutra is a mutual person
Raj Capital And Finance Pvt.Ltd.Kamal Bhutra and Jugal Bhutra are mutual person
- Aastha Fashions Private Limited
Jugal Bhutra and Ramratan Bhutra are mutual person
- Pratham Smart Solution Private Limited
Jugal Bhutra and Ramratan Bhutra are mutual person
Charges (Loans)
₹82.27 Cr
₹33.54 Cr
Charges Breakdown by Lending Institutions
- Axis Bank Limited : 60.03 Cr
- Others : 22.24 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 14 Mar 2024 | Axis Bank Limited | ₹17.01 Cr | Open |
| 14 Mar 2024 | Axis Bank Limited | ₹24.17 Cr | Open |
| 14 Mar 2024 | Axis Bank Limited | ₹18.85 Cr | Open |
| 29 Dec 2021 | Others | ₹7.10 M | Open |
| 07 Jul 2020 | Others | ₹1.42 Cr | Open |
How Many Employees Work at Armaan Industries?
Armaan Industries has a workforce of 73 employees as of Apr 09, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Armaan Industries, 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 Armaan Industries's trajectory.
Rating
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
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.