Arraycom (India) Limited

Founded in 1992 and headquartered in Gujarat, India.

1992 | Gandhinagar, Gujarat (India) | Active
Last Updated:

Arraycom (India) Profile

Key Indicators

  • Authorised Capital ₹ 20.00 Cr
  • Paid Up Capital ₹ 5.00 Cr
  • Company Age 32 Year, 9 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 7.68 Cr
  • Satisfied Charges ₹ 78.57 Cr
  • Revenue Growth -84.65%
  • Profit Growth -61.37%
  • Ebitda -37.24%
  • Net Worth -5.49%
  • Total Assets -4.54%

About Arraycom (India)

Arraycom (India) Limited (AIL) is a leading Public Limited Indian Non-Government Company incorporated in India on 18 June 1992 and has a history of 32 years and nine months. Its registered office is in Gandhinagar, Gujarat, India.

The Corporate was formerly known as Parekh Micro Electronics (India) Limited. The Company is engaged in the Information Technology 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 20.00 Cr and a paid-up capital of Rs 5.00 Cr.

The company currently has active open charges totaling ₹7.68 Cr. The company has closed loans amounting to ₹78.57 Cr, as per Ministry of Corporate Affairs (MCA) records.

Gorsi Parekh, Kalawati Parekh, Varun Parekh, and Three other members serve as directors at the Company.

Company Details

  • Location

    Gandhinagar, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U32109GJ1992PLC039667

  • Company No.

    039667

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    18 Jun 1992

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Information Technology
Energy and Power

What products or services does Arraycom (India) Limited offer?

Arraycom (India) Limited offers a wide range of products and services, including Antennas, Wifi & Communication Tower, Antenna, Material Testing Labs & Services, Testing Services, Software Development & IT Consultant, Integration Support Service, ISO & Quality Management Consultants, Certification Services, ISO Certification Consultancy.

Who are the key members and board of directors at Arraycom (India)?

Executive Team (1)

NameDesignationAppointment DateStatus
Gorsi Parekh Country flag representing In Managing Director01-Oct-1995Current

Board Members (5)

NameDesignationAppointment DateStatus
Vidhi Shah Country flag representing In Director 05-Apr-2021Current
Kalawati Parekh Country flag representing In Director 28-Nov-2003Current
Varun Parekh Country flag representing In Director 31-Dec-2014Current
Minesh Shah Country flag representing In Whole-Time Director 01-Oct-2021Current
Rajeshkumar Lalwani Country flag representing In Additional Director 02-Apr-2024Current

Financial Performance of Arraycom (India).

Arraycom (India) Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 84.65% decrease. The company also saw a substantial fall in profitability, with a 61.37% decrease in profit. The company's net worth dipped by a decrease of 5.49%.

Arraycom (India) revenue growth over time
Arraycom (India) 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
-84.65%
Revenue from Operations
-84.68%
Total Assets
-4.54%
Profit or Loss
-61.37%
Net Worth
-5.49%
EBITDA
-37.24%

What is the Ownership and Shareholding Structure of Arraycom (India)?

In 2023, Arraycom (India) had a promoter holding of 63.01% and a public holding of 36.99%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹7.68 Cr

Satisfied Charges

₹78.57 Cr

Charges Breakdown by Lending Institutions

  • State Bank Of India : 7.53 Cr
  • Toyota Financial Services India Limited : 0.15 Cr

Latest Charge Details

DateLenderAmountStatus
03 Nov 2015Toyota Financial Services India Limited₹1.45 MOpen
14 Oct 1996State Bank Of India₹7.53 CrOpen
07 Feb 2004State Bank Of India₹20.75 CrSatisfied
07 Feb 2004State Bank Of India₹20.75 CrSatisfied
24 Jul 2000Industrial Development Bank Of India₹8.00 CrSatisfied

How Many Employees Work at Arraycom (India)?

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

Employee growth trends for Arraycom (India) Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Arraycom (India), 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 Arraycom (India)'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 Arraycom (India)

Recent activity within the organization

  • Charges

    A charge with State Bank Of India of Rs. 7.53 Cr registered on 14 Oct 1996 with Charge ID 90111332 was modified on 10 Sep 2024.

  • Director Appointment

    Rajeshkumar Lajpatrai Lalwani was appointed as a Additional Director was appointed as a Additional Director on 02 Apr 2024 & has been associated with this company since 11 months 26 days .

  • Annual General Meeting

    Arraycom (India) Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

  • Balance Sheet

    Arraycom (India) Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ahmedabad.

  • Director Appointment

    Vidhi Raunaq Shah was appointed as a Director was appointed as a Director on 05 Apr 2021 & has been associated with this company since 3 years 11 months .

  • Charges

    A charge with Toyota Financial Services India Limited amounted to Rs. 0.15 Cr with Charge ID 10604658 was registered on 03 Nov 2015.

Frequently asked questions

  • What is the Incorporation or founding date of Arraycom (India) Limited?

    Arraycom (India) Limited was incorporated on 18 Jun 1992.

  • What is authorized share capital and paid-up capital of Arraycom (India) Limited?

    The authorized share capital of Arraycom (India) Limited is ₹ 20.00 Cr and paid-up capital is ₹ 5.00 Cr.

  • Who are the current board members & directors of Arraycom (India) Limited?

    Currently 6 directors are associated with Arraycom (India) Limited.

    • Gorsi Atul Parekh
    • Kalawati Jaisukhlal Parekh
    • Varun Atul Parekh
    • Vidhi Raunaq Shah
    • Minesh Bansilal Shah
    • Rajeshkumar Lajpatrai Lalwani
  • What is the registered address of Arraycom (India) Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Arraycom (India) Limited is Plot No B-13 13/1 & 14Gidc Electronic Estate Sector 25, Gandhinagar, Gujarat, India, 382023.

  • What is the corporate identification number (CIN) and company number of Arraycom (India) Limited?

    The corporate identification number (CIN) of Arraycom (India) Limited is U32109GJ1992PLC039667 and the company number is 039667 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Arraycom (India) Limited?

    The Official website of Arraycom (India) Limited is https://www.arraycom.co.in

  • What has been the recent revenue trend for Arraycom (India) Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Arraycom (India) Limited has fallen by -84.65%.

  • What change has been observed in the net worth of Arraycom (India) Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Arraycom (India) Limited has experienced an downturn of -5.49%.

  • What are the total open charges for Arraycom (India) Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Arraycom (India) Limited amount to ₹ 7.68 Cr.

  • When was the last Balance Sheet of Arraycom (India) Limited filed with the ROC?

    The most recent Balance Sheet for Arraycom (India) Limited was filed with the ROC on 31 Mar 2023.

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