Arovea Formulations Private Limited

Provides computer rental, services, trading, and manufacturing formulations.

2021 | Ahmedabad, Gujarat (India) | Active
Last Updated: November 16, 2024

Who are the key members and board of directors at Arovea Formulations?

Board Members (2)

NameDesignationAppointment DateStatus
Ronakkumar Patel Country flag representing In Director 17-Jun-2021Current
Pravinbhai Patel Country flag representing In Director 17-Jun-2021Current

Financial Performance of Arovea Formulations.

Arovea Formulations Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 380.81% increase. The company also saw a substantial improvement in profitability, with a 92.7% increase in profit. The company's net worth dipped by a decrease of 8.51%.

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
380.81%
Revenue from Operations
380.51%
Total Assets
444.12%
Profit or Loss
92.70%
Net Worth
-8.51%
EBITDA
-772.18%

Related Corporates (Common Directorship)

Charges (Loans)

Open Charges

₹220.50 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 22.05 Cr

Latest Charge Details

DateLenderAmountStatus
29 Apr 2022Hdfc Bank Limited₹6.00 CrOpen
16 Feb 2022Hdfc Bank Limited₹16.05 CrOpen

How Many Employees Work at Arovea Formulations?

Unlock and access historical data on people associated with Arovea Formulations, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

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Latest Updates, News, and FAQs on Arovea Formulations

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2024

  • Charges

    A charge with Hdfc Bank Limited of Rs. 60.00 M registered on 29 Apr 2022 with Charge ID 100579722 was modified on 01 Apr 2024.

    01 Apr 2024

  • Balance Sheet

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

    31 Mar 2024

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 60.00 M with Charge ID 100579722 was registered on 29 Apr 2022.

    29 Apr 2022

  • Charges

    A charge with Hdfc Bank Limited of Rs. 160.50 M registered on 16 Feb 2022 with Charge ID 100546921 was modified on 29 Apr 2022.

    29 Apr 2022

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 160.50 M with Charge ID 100546921 was registered on 16 Feb 2022.

    16 Feb 2022

Frequently asked questions

  • Arovea Formulations Private Limited was incorporated on 17 Jun 2021.

  • The authorized share capital of Arovea Formulations Private Limited is ₹ 0.10 M and paid-up capital is ₹ 0.10 M.

  • Currently 2 directors are associated with Arovea Formulations Private Limited.

    • Ronakkumar Pravinbhai Patel
    • Pravinbhai Harjivandas Patel
  • As per Ministry of Corporate Affairs (Mca), the registered address of Arovea Formulations Private Limited is 501 Eminence-14 Opp. Thaltej Fire Station Zydus Hospital Road Thaltej, India, Ahmedabad, Gujarat, 380059.

  • The corporate identification number (CIN) of Arovea Formulations Private Limited is U24299GJ2021PTC123370 and the company number is 123370 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Arovea Formulations Private Limited has risen by 380.81%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Arovea Formulations Private Limited has experienced an downturn of -8.51%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Arovea Formulations Private Limited amount to ₹ 22.05 Cr.

  • The most recent Balance Sheet for Arovea Formulations Private Limited was filed with the ROC on 31 Mar 2024.