Arvind Corrotech Limited

Manufacturer and supplier of plastic tanks and related equipment for various industries.

2015 | Ahmedabad, Gujarat (India) | Active
Last Updated: January 09, 2025

Arvind Corrotech Profile

Key Indicators

  • Authorised Capital ₹ 0.50 M
  • Paid Up Capital ₹ 0.50 M
  • Company Age 9 Year, 2 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 4.92 Cr
  • Satisfied Charges ₹ 1.40 Cr
  • Revenue Growth 73.08%
  • Profit Growth 2578.74%
  • Ebitda 171.84%
  • Net Worth 45.43%
  • Total Assets 81.63%

About Arvind Corrotech

Arvind Corrotech Limited (ACL) is a Public Limited Indian Non-Government Company incorporated in India on 17 November 2015 (Nine years and two months 16 days old ). Its registered office is in Ahmedabad, Gujarat, India.

The Company is engaged in the Machinery And Equipment 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 0.50 M and a paid-up capital of Rs 0.50 M.

The company currently has active open charges totaling ₹4.92 Cr. The company has closed loans amounting to ₹1.40 Cr, as per Ministry of Corporate Affairs (MCA) records.

Ramila Patel, Rajnikant Patel, Nirav Patel, and Two other members serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    U29296GJ2015PLC085088

  • Company No.

    085088

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    17 Nov 2015

  • Date of AGM

    27 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Machinery and Equipment

What products or services does Arvind Corrotech Limited offer?

Arvind Corrotech Limited offers a wide range of products and services, including Storage Tanks, Drums & Containers, Pickling Tank, Welding Equipments & Machinery, Welding Machine, Industrial Water Tanks, Chemical Storage Tanks, Industrial Furnaces & Ovens, Industrial Furnaces, Pollution Control Devices & Machines, Air Pollution Control Equipment.

Who are the key members and board of directors at Arvind Corrotech?

Board Members (5)

Name Designation Appointment Date Status
Nirav Patel Country flag representing In Director 17-Nov-2015 Current
Amitkumar Singhal Country flag representing In Director 15-Jun-2017 Current
Ramila Patel Country flag representing In Director 17-Nov-2015 Current
Rajnikant Patel Country flag representing In Director 17-Nov-2015 Current
Anushree Patel Country flag representing In Director 15-Dec-2016 Current

Financial Performance of Arvind Corrotech.

Arvind Corrotech Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 73.08% increase. The company also saw a substantial improvement in profitability, with a 2578.74% increase in profit. The company's net worth Soared by an impressive increase of 45.43%.

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
73.08%
Revenue from Operations
71.09%
Total Assets
81.63%
Profit or Loss
2578.74%
Net Worth
45.43%
EBITDA
171.84%

What is the Ownership and Shareholding Structure of Arvind Corrotech?

In 2022, Arvind Corrotech 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

₹49.23 M

Satisfied Charges

₹14.00 M

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 4.92 Cr

Latest Charge Details

Date Lender Amount Status
05 Oct 2017 Hdfc Bank Limited ₹4.92 Cr Open
28 Sep 2016 The Kalupur Commercial Co-Operative Bank Limited ₹1.40 Cr Satisfied

How Many Employees Work at Arvind Corrotech?

Arvind Corrotech has a workforce of 70 employees as of Mar 29, 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 Arvind Corrotech, 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 Arvind Corrotech'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 Arvind Corrotech

Recent activity within the organization

  • Annual General Meeting

    Arvind Corrotech Limited last Annual general meeting of members was held on 27 Sep 2024 as per latest MCA records.

    27 Sep 2024

  • Charges

    A charge with Hdfc Bank Limited of Rs. 49.23 M registered on 05 Oct 2017 with Charge ID 100126876 was modified on 18 Jun 2024.

    18 Jun 2024

  • Balance Sheet

    Arvind Corrotech Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.

    31 Mar 2024

  • Charges

    A charge registered on 28 Sep 2016 via Charge ID 100052135 with The Kalupur Commercial Co-Operative Bank Limited was fully satisfied on 03 Nov 2017.

    03 Nov 2017

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 49.23 M with Charge ID 100126876 was registered on 05 Oct 2017.

    05 Oct 2017

  • Director Appointment

    Amitkumar Singhal was appointed as a Director was appointed as a Director on 15 Jun 2017 & has been associated with this company since 7 years 7 months .

    15 Jun 2017

Frequently asked questions

  • Arvind Corrotech Limited was incorporated on 17 Nov 2015.

  • The authorized share capital of Arvind Corrotech Limited is ₹ 0.50 M and paid-up capital is ₹ 0.50 M.

  • Currently 5 directors are associated with Arvind Corrotech Limited.

    • Ramila Rajnikant Patel
    • Rajnikant Purshottamdas Patel
    • Nirav Rajnikant Patel
    • Amitkumar Singhal
    • Anushree Nirav Patel
  • As per Ministry of Corporate Affairs (Mca), the registered address of Arvind Corrotech Limited is 198 Sarkhej Bavla Road Village: Chacharvadi Vasna Ta. Sanand, India, Ahmedabad, Gujarat, 382110.

  • The corporate identification number (CIN) of Arvind Corrotech Limited is U29296GJ2015PLC085088 and the company number is 085088 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Arvind Corrotech Limited is https://www.arvindcorrotech.in

  • According to the financial reports for the fiscal year 2022, the revenue trend for Arvind Corrotech Limited has risen by 73.08%.

  • As Per 2022 financial reports, 70 employees are currently employed by Arvind Corrotech Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Arvind Corrotech Limited has experienced an upsurge of 45.43%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Arvind Corrotech Limited amount to ₹ 4.92 Cr.

  • The most recent Balance Sheet for Arvind Corrotech Limited was filed with the ROC on 31 Mar 2024.