Arora Alloys Profile
Key Indicators
- Authorised Capital ₹ 1.50 Cr
- Paid Up Capital ₹ 1.14 Cr
- Company Age 34 Year, 10 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 9.45 Cr
- Satisfied Charges ₹ 4.77 M
- Revenue Growth 3.05%
- Profit Growth 145.26%
- Ebitda 64.17%
- Net Worth 11.13%
- Total Assets -2.97%
About Arora Alloys
Arora Alloys Limited (AAL) is a leading Public Limited Indian Non-Government Company incorporated in India on 14 May 1990 and has a history of 34 years and ten months. Its registered office is in Punjab, Punjab, India.
The Company is engaged in the Metals And Minerals 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 1.50 Cr and a paid-up capital of Rs 1.14 Cr.
The company currently has active open charges totaling ₹9.45 Cr. The company has closed loans amounting to ₹4.77 M, as per Ministry of Corporate Affairs (MCA) records.
Lovnish Arora, Ritika Arora, Parmesh Arora, and One other member serve as directors at the Company.
Company Details
- Location
Punjab, Punjab, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U27101PB1990PLC010380
- Company No.
010380
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
14 May 1990
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Chandigarh
Industry
Metals and Minerals
What products or services does Arora Alloys Limited offer?
Arora Alloys Limited offers a wide range of products and services, including Steel & Stainless Steel Products, Industrial Steel, Gearbox, Axle, Sprocket & Gear Parts, Industrial Shafts.
Arora Alloys Limited
Explore comprehensive data for Arora Alloys Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Arora Alloys?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Harmesh Arora  | Managing Director | 14-May-1990 | Current |
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Lovnish Arora | Director | 30-Jun-2021 | Current |
| Ritika Arora | Director | 29-Mar-2021 | Current |
| Parmesh Arora | Director | 24-Mar-2014 | Current |
Financial Performance of Arora Alloys.
Arora Alloys Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 3.05% increase. The company also saw a substantial improvement in profitability, with a 145.26% increase in profit. The company's net worth Soared by an impressive increase of 11.13%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Arora Alloys?
In 2023, Arora Alloys had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Charges (Loans)
Open Charges
₹9.45 Cr
Satisfied Charges
₹0.48 Cr
Charges Breakdown by Lending Institutions
- Hdfc Bank Limited : 7.60 Cr
- Punjab National Bank : 1.86 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 28 Dec 2020 | Hdfc Bank Limited | ₹7.48 Cr | Open |
| 27 Feb 2017 | Hdfc Bank Limited | ₹1.20 M | Open |
| 17 Oct 2008 | Punjab National Bank | ₹3.38 M | Open |
| 11 Jul 2002 | Punjab National Bank | ₹2.50 M | Open |
| 18 Jan 1998 | Punjab National Bank | ₹2.60 M | Open |
How Many Employees Work at Arora Alloys?
Arora Alloys has a workforce of 3 employees as of Apr 01, 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 Arora Alloys, 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 Arora Alloys'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.
Latest Updates, News, and FAQs on Arora Alloys
Recent activity within the organization
- Annual General Meeting
Arora Alloys Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
- Balance Sheet
Arora Alloys Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chandigarh.
- Director Appointment
Lovnish Arora was appointed as a Director was appointed as a Director on 30 Jun 2021 & has been associated with this company since 3 years 8 months .
- Director Appointment
Ritika Arora was appointed as a Director was appointed as a Director on 29 Mar 2021 & has been associated with this company since 3 years 11 months .
- Charges
A charge with Hdfc Bank Limited amounted to Rs. 7.48 Cr with Charge ID 100405382 was registered on 28 Dec 2020.
- Charges
A charge registered on 23 Jan 2017 via Charge ID 100080069 with Others was fully satisfied on 02 Aug 2018.
Frequently asked questions
What is the Incorporation or founding date of Arora Alloys Limited?
Arora Alloys Limited was incorporated on 14 May 1990.
What is authorized share capital and paid-up capital of Arora Alloys Limited?
The authorized share capital of Arora Alloys Limited is ₹ 1.50 Cr and paid-up capital is ₹ 1.14 Cr.
Who are the current board members & directors of Arora Alloys Limited?
Currently 4 directors are associated with Arora Alloys Limited.
- Lovnish Arora
- Ritika Arora
- Parmesh Arora
- Harmesh Arora
What is the registered address of Arora Alloys Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Arora Alloys Limited is Dhandari Khurdnear Phase Vii Focal Point Ludhiana, Punjab, India, 141010.
What is the corporate identification number (CIN) and company number of Arora Alloys Limited?
The corporate identification number (CIN) of Arora Alloys Limited is U27101PB1990PLC010380 and the company number is 010380 as per Ministry of Corporate Affairs (MCA).
What is the official website of Arora Alloys Limited?
The Official website of Arora Alloys Limited is https://www.steelcastingmanufacturers.com
What has been the recent revenue trend for Arora Alloys Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Arora Alloys Limited has risen by 3.05%.
How many employees does Arora Alloys Limited currently have?
As Per 2023 financial reports, 3 employees are currently employed by Arora Alloys Limited.
What change has been observed in the net worth of Arora Alloys Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Arora Alloys Limited has experienced an upsurge of 11.13%.
What are the total open charges for Arora Alloys Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Arora Alloys Limited amount to ₹ 9.45 Cr.
When was the last Balance Sheet of Arora Alloys Limited filed with the ROC?
The most recent Balance Sheet for Arora Alloys Limited was filed with the ROC on 31 Mar 2023.
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