Arora Knit Fab Private Limited

This company manufactures and exports knitted fabrics, including polyester fabric, blankets, home furnishings, and garments.

2000 | Punjab, Punjab (India) | Active
Last Updated: July 17, 2024

Arora Knit Fab Profile

Key Indicators

  • Authorised Capital ₹ 12.00 Cr
  • Paid Up Capital ₹ 11.98 Cr
  • Company Age 24 Year, 2 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 155.90 Cr
  • Satisfied Charges ₹ 63.37 Cr
  • Revenue Growth -25.80%
  • Profit Growth -3490.72%
  • Ebitda -44.34%
  • Net Worth -13.42%
  • Total Assets -1.98%

About Arora Knit Fab

Arora Knit Fab Private Limited (AKFPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 22 November 2000 and has a history of 24 years and two months. Its registered office is in Punjab, Punjab, 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 2023. It's a company limited by shares with an authorized capital of Rs 12.00 Cr and a paid-up capital of Rs 11.98 Cr.

The company currently has active open charges totaling ₹155.90 Cr. The company has closed loans amounting to ₹63.37 Cr, as per Ministry of Corporate Affairs (MCA) records.

Mahinder Arora, Neena Arora, and Harsimran Arora serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    U18101PB2000PTC024076

  • Company No.

    024076

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    22 Nov 2000

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chandigarh

Industry

Manufacturing

What products or services does Arora Knit Fab Private Limited offer?

Arora Knit Fab Private Limited offers a wide range of products and services, including Bed Linen & Bedspreads, Duvets & Comforters, Bed Linen, Industrial Fabrics and Textiles, Industrial Fabric, Apparel Fabrics & Clothing Textiles, Jersey & Knitted Fabric, Fleece Fabrics, Natural Fabric, Lining Textile.

Who are the key members and board of directors at Arora Knit Fab?

Board Members (3)

Name Designation Appointment Date Status
Mahinder Arora Country flag representing In Whole-Time Director 22-Nov-2000 Current
Neena Arora Country flag representing In Whole-Time Director 01-Apr-2006 Current
Harsimran Arora Country flag representing In Additional Director 18-Apr-2024 Current

Financial Performance of Arora Knit Fab.

Arora Knit Fab Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 25.8% decrease. The company also saw a substantial fall in profitability, with a 3490.72% decrease in profit. The company's net worth observed a substantial decline by a decrease of 13.42%.

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
-25.80%
Revenue from Operations
-25.73%
Total Assets
-1.98%
Profit or Loss
-3490.72%
Net Worth
-13.42%
EBITDA
-44.34%

What is the Ownership and Shareholding Structure of Arora Knit Fab?

In 2023, Arora Knit Fab 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

₹155.90 Cr

Satisfied Charges

₹63.37 Cr

Charges Breakdown by Lending Institutions

  • Others : 87.35 Cr
  • Punjab National Bank : 67.92 Cr
  • Punjab National Bank : 0.60 Cr
  • Centurain Bank Ltd. : 0.04 Cr
  • Centurion Bank : 0.00 Cr

Latest Charge Details

Date Lender Amount Status
13 Dec 2021 Others ₹5.23 Cr Open
07 Jun 2021 Others ₹9.60 M Open
22 Feb 2021 Others ₹9.00 Cr Open
29 Apr 2020 Others ₹4.40 Cr Open
07 Nov 2017 Others ₹4.00 Cr Open

How Many Employees Work at Arora Knit Fab?

Arora Knit Fab has a workforce of 80 employees as of Apr 06, 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 Arora Knit Fab, 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 Knit Fab'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 Arora Knit Fab

Recent activity within the organization

  • Director Appointment

    Harsimran Deep Singh Arora was appointed as a Additional Director was appointed as a Additional Director on 18 Apr 2024 & has been associated with this company since 9 months 15 days .

    18 Apr 2024

  • Annual General Meeting

    Arora Knit Fab Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Arora Knit Fab Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chandigarh.

    31 Mar 2023

  • Charges

    A charge with Others amounted to Rs. 5.23 Cr with Charge ID 100515616 was registered on 13 Dec 2021.

    13 Dec 2021

  • Charges

    A charge with Others of Rs. 59.26 Cr registered on 07 May 2001 with Charge ID 90311575 was modified on 13 Dec 2021.

    13 Dec 2021

  • Charges

    A charge with Others amounted to Rs. 0.96 Cr with Charge ID 100454361 was registered on 07 Jun 2021.

    07 Jun 2021

Frequently asked questions

  • Arora Knit Fab Private Limited was incorporated on 22 Nov 2000.

  • The authorized share capital of Arora Knit Fab Private Limited is ₹ 12.00 Cr and paid-up capital is ₹ 11.98 Cr.

  • Currently 3 directors are associated with Arora Knit Fab Private Limited.

    • Mahinder Singh Arora
    • Neena Arora
    • Harsimran Deep Singh Arora
  • As per Ministry of Corporate Affairs (Mca), the registered address of Arora Knit Fab Private Limited is Ha 51 Focal Pointphase Vi Ludhiana, Punjab, India, 141010.

  • The corporate identification number (CIN) of Arora Knit Fab Private Limited is U18101PB2000PTC024076 and the company number is 024076 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Arora Knit Fab Private Limited is https://www.aroragroupofcompanies.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Arora Knit Fab Private Limited has fallen by -25.80%.

  • As Per 2023 financial reports, 80 employees are currently employed by Arora Knit Fab Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Arora Knit Fab Private Limited has experienced an downturn of -13.42%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Arora Knit Fab Private Limited amount to ₹ 155.90 Cr.

  • The most recent Balance Sheet for Arora Knit Fab Private Limited was filed with the ROC on 31 Mar 2023.

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