Armo Synthetics Profile
Key Indicators
- Authorised Capital ₹ 2.00 Cr
- Paid Up Capital ₹ 1.33 Cr
- Company Age 31 Year, 6 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 six 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
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Location
Surat, Gujarat, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media-
Corporate Identity Details
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CIN/LLPIN
U17119GJ1993PTC019789
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Company No.
019789
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
07 Jul 1993
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Date of AGM
30 Sep 2024
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Date of Balance Sheet
31 Mar 2024
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Listing Status
Unlisted
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ROC Code
Roc Ahmedabad
Industry
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)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Rammohan Agrawal
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Director | 12-Jul-1993 | Current |
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Shyamsunder Agrawal
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Director | 01-Nov-2004 | Current |
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Rajesh Beria
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Director | 29-Apr-2017 | Current |
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Varun Agrawal
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Director | 12-Mar-2015 | Current |
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%.
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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.
Related Corporates (Common Directorship)
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Kira Fashion LlpRammohan Agrawal is a mutual person
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Pragati Synthetics Private Limited
Rammohan Agrawal is a mutual person
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Pratik Polytex Private Limited
Rammohan Agrawal and Shyamsunder Agrawal are mutual person
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Surat Synthetics Llp
Shyamsunder Agrawal is a mutual person
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Pratigya Polytex Llp
Rajesh Beria is a mutual person
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Chirag Industries Private Limited
Rajesh Beria is a mutual person
Charges (Loans)
₹1.20 Cr
₹22.37 Cr
Charges Breakdown by Lending Institutions
- The South Indian Bank Limited : 1.20 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 14 May 2024 | The South Indian Bank Limited | ₹2.00 M | Open |
| 01 Jun 2020 | The South Indian Bank Limited | ₹1.00 Cr | Open |
| 14 Aug 2017 | Others | ₹5.83 Cr | Satisfied |
| 17 Nov 2009 | Lakshmi Vilas Bank Limited | ₹1.11 Cr | Satisfied |
| 09 Apr 2009 | The South Indian Bank Limited | ₹5.38 Cr | Satisfied |
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.
Deals i
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
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.
