Armo Synthetics Private Limited

Textile manufacturing and embroidery work on job-work basis since 1993 in Surat, Gujarat.

1993 | Surat, Gujarat (India) | Active
Last Updated:

Armo Synthetics Profile

Key Indicators

  • Authorised Capital ₹ 2.00 Cr
  • Paid Up Capital ₹ 1.33 Cr
  • Company Age 31 Year, 7 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 1.20 Cr
  • Satisfied Charges ₹ 22.37 Cr
  • Revenue Growth 34.58%
  • Profit Growth 41.33%
  • Ebitda 21.80%
  • Net Worth 12.41%
  • Total Assets 4.26%

About Armo Synthetics

Armo Synthetics Private Limited (ASPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 07 July 1993 and has a history of 31 years and seven months. Its registered office is in Surat, Gujarat, India.

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 1.33 Cr.

The company currently has active open charges totaling ₹1.20 Cr. The company has closed loans amounting to ₹22.37 Cr, as per Ministry of Corporate Affairs (MCA) records.

Rammohan Agrawal, Shyamsunder Agrawal, Rajesh Beria, and One other member 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

    U17119GJ1993PTC019789

  • Company No.

    019789

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    07 Jul 1993

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Manufacturing

What products or services does Armo Synthetics Private Limited offer?

Armo Synthetics Private Limited offers a wide range of products and services, including Apparel Fabrics & Clothing Textiles, Printed Fabrics.

Who are the key members and board of directors at Armo Synthetics?

Board Members (4)

NameDesignationAppointment DateStatus
Rammohan Agrawal Country flag representing In Director 12-Jul-1993Current
Shyamsunder Agrawal Country flag representing In Director 01-Nov-2004Current
Rajesh Beria Country flag representing In Director 29-Apr-2017Current
Varun Agrawal Country flag representing In Director 12-Mar-2015Current

Financial Performance of Armo Synthetics.

Armo Synthetics Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 34.58% increase. The company also saw a substantial improvement in profitability, with a 41.33% increase in profit. The company's net worth Soared by an impressive increase of 12.41%.

Armo Synthetics revenue growth over time
Armo Synthetics 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
34.58%
Revenue from Operations
34.86%
Total Assets
4.26%
Profit or Loss
41.33%
Net Worth
12.41%
EBITDA
21.80%

What is the Ownership and Shareholding Structure of Armo Synthetics?

In 2023, Armo Synthetics had a promoter holding of 21.12% and a public holding of 78.88%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹1.20 Cr

Satisfied Charges

₹22.37 Cr

Charges Breakdown by Lending Institutions

  • The South Indian Bank Limited : 1.20 Cr

Latest Charge Details

DateLenderAmountStatus
14 May 2024The South Indian Bank Limited₹2.00 MOpen
01 Jun 2020The South Indian Bank Limited₹1.00 CrOpen
14 Aug 2017Others₹5.83 CrSatisfied
17 Nov 2009Lakshmi Vilas Bank Limited₹1.11 CrSatisfied
09 Apr 2009The South Indian Bank Limited₹5.38 CrSatisfied

How Many Employees Work at Armo Synthetics?

Armo Synthetics has a workforce of 149 employees as of Mar 22, 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.

Employee growth trends for Armo Synthetics Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Armo Synthetics, 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 Armo Synthetics'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 Armo Synthetics

Recent activity within the organization

  • Annual General Meeting

    Armo Synthetics Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Charges

    A charge with The South Indian Bank Limited amounted to Rs. 0.20 Cr with Charge ID 100923604 was registered on 14 May 2024.

  • Balance Sheet

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

  • Charges

    A charge with The South Indian Bank Limited of Rs. 1.00 Cr registered on 01 Jun 2020 with Charge ID 100379727 was modified on 10 Jan 2024.

  • Charges

    A charge registered on 14 Aug 2017 via Charge ID 100132115 with Others was fully satisfied on 20 Dec 2023.

  • Charges

    A charge with The South Indian Bank Limited amounted to Rs. 1.00 Cr with Charge ID 100379727 was registered on 01 Jun 2020.

Frequently asked questions

  • What is the Incorporation or founding date of Armo Synthetics Private Limited?

    Armo Synthetics Private Limited was incorporated on 07 Jul 1993.

  • What is authorized share capital and paid-up capital of Armo Synthetics Private Limited?

    The authorized share capital of Armo Synthetics Private Limited is ₹ 2.00 Cr and paid-up capital is ₹ 1.33 Cr.

  • Who are the current board members & directors of Armo Synthetics Private Limited?

    Currently 4 directors are associated with Armo Synthetics Private Limited.

    • Rammohan Prahaladrai Agrawal
    • Shyamsunder Sitaram Agrawal
    • Rajesh Ramratan Beria
    • Varun Agrawal

  • What is the registered address of Armo Synthetics Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Armo Synthetics Private Limited is Survay No 149 Vadod Gam Opp. Jay Bhagawati Mill Pande Sara India, Surat, Gujarat, 394221.

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

    The corporate identification number (CIN) of Armo Synthetics Private Limited is U17119GJ1993PTC019789 and the company number is 019789 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for Armo Synthetics Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Armo Synthetics Private Limited has risen by 34.58%.

  • How many employees does Armo Synthetics Private Limited currently have?

    As Per 2023 financial reports, 149 employees are currently employed by Armo Synthetics Private Limited.

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

    The financial reports for the fiscal year 2023 indicates that The net worth of Armo Synthetics Private Limited has experienced an upsurge of 12.41%.

  • What are the total open charges for Armo Synthetics Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Armo Synthetics Private Limited amount to ₹ 1.20 Cr.

  • When was the last Balance Sheet of Armo Synthetics Private Limited filed with the ROC?

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

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