Arss Developers Limited

Provides construction services and deals in immovable property such as lands, buildings, and houses.

2007 | Khorda, Odisha (India) | Active
Last Updated:

Arss Developers Profile

Key Indicators

  • Authorised Capital ₹ 10.00 Cr
  • Paid Up Capital ₹ 6.51 Cr
  • Company Age 17 Year, 11 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 2,890.87 Cr
  • Satisfied Charges ₹ 160.00 Cr
  • Revenue Growth -98.17%
  • Profit Growth -601.03%
  • Ebitda -102.31%
  • Net Worth -38.67%
  • Total Assets -32.70%

About Arss Developers

Arss Developers Limited (ADL) is a Public Limited Indian Non-Government Company incorporated in India on 07 March 2007 and has a history of 17 years and 11 months. Its registered office is in Khorda, Odisha, India.

The Corporate was formerly known as Impex Developers Private Limited. The Company is engaged in the Real Estate And Construction 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 10.00 Cr and a paid-up capital of Rs 6.51 Cr.

The company currently has active open charges totaling ₹2,890.87 Cr. The company has closed loans amounting to ₹160.00 Cr, as per Ministry of Corporate Affairs (MCA) records.

Anil Agarwal, Sunil Agarwal, and Orri Rao serve as directors at the Company.

Company Details

  • Location

    Khorda, Odisha, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    arssgroup.in

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U45209OR2007PLC009201

  • Company No.

    009201

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    07 Mar 2007

  • Date of AGM

    28 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Cuttack

Industry

Real Estate and Construction

Who are the key members and board of directors at Arss Developers?

Board Members (3)

NameDesignationAppointment DateStatus
Anil Agarwal Country flag representing In Director 05-Jun-2014Current
Sunil Agarwal Country flag representing In Director 29-Aug-2009Current
Orri Rao Country flag representing In Director 29-Sep-2018Current

Financial Performance of Arss Developers.

Arss Developers Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 98.17% decrease. The company also saw a substantial fall in profitability, with a 601.03% decrease in profit. The company's net worth observed a substantial decline by a decrease of 38.67%.

Arss Developers revenue growth over time
Arss Developers 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
-98.17%
Revenue from Operations
-98.17%
Total Assets
-32.70%
Profit or Loss
-601.03%
Net Worth
-38.67%
EBITDA
-102.31%

What is the Ownership and Shareholding Structure of Arss Developers?

In 2022, Arss Developers had a promoter holding of 93.61% and a public holding of 6.39%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹2,890.87 Cr

Satisfied Charges

₹160.00 Cr

Charges Breakdown by Lending Institutions

  • State Bank Of India : 2599.98 Cr
  • Srei Equipment Finance Private Limited : 155.89 Cr
  • Srei Infrastructure Finance Limited : 80.00 Cr
  • Others : 50.00 Cr
  • Punjab National Bank : 5.00 Cr

Latest Charge Details

DateLenderAmountStatus
19 Nov 2019Others₹50.00 CrOpen
12 Mar 2015Punjab National Bank₹5.00 CrOpen
01 Jun 2013State Bank Of India₹648.31 CrOpen
24 Nov 2012State Bank Of India₹867.75 CrOpen
05 Oct 2012Srei Equipment Finance Private Limited₹155.89 CrOpen

How Many Employees Work at Arss Developers?

Arss Developers has a workforce of 1 employees as of Apr 08, 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.

Employee growth trends for Arss Developers Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Arss Developers, 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 Arss Developers'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 Arss Developers

Recent activity within the organization

  • Annual General Meeting

    Arss Developers Limited last Annual general meeting of members was held on 28 Sep 2024 as per latest MCA records.

  • Balance Sheet

    Arss Developers Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Cuttack.

  • Charges

    A charge registered on 15 Feb 2012 via Charge ID 10338712 with Ifci Limited was fully satisfied on 12 Oct 2021.

  • Charges

    A charge registered on 29 Jun 2011 via Charge ID 10297696 with Ifci Limited was fully satisfied on 12 Oct 2021.

  • Charges

    A charge with Others amounted to Rs. 50.00 Cr with Charge ID 100307772 was registered on 19 Nov 2019.

  • Director Appointment

    Orri Balkrishna Rao was appointed as a Director was appointed as a Director on 29 Sep 2018 & has been associated with this company since 6 years 5 months .

Recent News, Updates & Announcement

Frequently asked questions

  • What is the Incorporation or founding date of Arss Developers Limited?

    Arss Developers Limited was incorporated on 07 Mar 2007.

  • What is authorized share capital and paid-up capital of Arss Developers Limited?

    The authorized share capital of Arss Developers Limited is ₹ 10.00 Cr and paid-up capital is ₹ 6.51 Cr.

  • Who are the current board members & directors of Arss Developers Limited?

    Currently 3 directors are associated with Arss Developers Limited.

    • Anil Agarwal
    • Sunil Kumar Agarwal
    • Orri Balkrishna Rao

  • What is the registered address of Arss Developers Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Arss Developers Limited is Plot-38, Sector-A Zone-D Mancheswar Industrial Estate India, Bhubaneswar, Orissa, 751010.

  • What is the corporate identification number (CIN) and company number of Arss Developers Limited?

    The corporate identification number (CIN) of Arss Developers Limited is U45209OR2007PLC009201 and the company number is 009201 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Arss Developers Limited?

    The Official website of Arss Developers Limited is https://www.arssgroup.in

  • What has been the recent revenue trend for Arss Developers Limited?

    According to the financial reports for the fiscal year 2022, the revenue trend for Arss Developers Limited has fallen by -98.17%.

  • How many employees does Arss Developers Limited currently have?

    As Per 2022 financial reports, 1 employees are currently employed by Arss Developers Limited.

  • What change has been observed in the net worth of Arss Developers Limited, and by what percentage?

    The financial reports for the fiscal year 2022 indicates that The net worth of Arss Developers Limited has experienced an downturn of -38.67%.

  • What are the total open charges for Arss Developers Limited?

    As per the financial statements for fiscal Year 2022, The total open charges for Arss Developers Limited amount to ₹ 2,890.87 Cr.

  • When was the last Balance Sheet of Arss Developers Limited filed with the ROC?

    The most recent Balance Sheet for Arss Developers Limited was filed with the ROC on 31 Mar 2024.

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