Aarambh Procon Private Limited
About Aarambh Procon Private Limited
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Aarambh Procon Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the construction materials distribution segment of the metals and mining sector. It was incorporated on 17 October 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U70101GJ2012PTC072350. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Hemang Pankaj Shah (Managing Director) and Birju Rajnikant Bhavsar.
Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at L – 11 Swastik Plaza Nr.Sardar Patel Bavla Road Naranpura, Ahmedabad, Gujarat, India – 380013.
As per the financials filed for FY 2019, the company reported a revenue of ₹42,661, a decline of 100% compared to the previous year. For the same year it recorded a net loss of ₹14,664 (net margin -34.4%) and EBITDA of ₹13,713 (EBITDA margin 32.1%). Revenue has declined at a compounded annual rate (CAGR) of 94% over three years.
Court records list 6 cases involving the company, including 6 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Aarambh Procon Private Limited's registered office is in Ahmedabad, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressL – 11 Swastik Plaza Nr.Sardar Patel Bavla Road Naranpura, Ahmedabad, Gujarat, India – 380013
- IndustryMetals and Minerals, Construction Materials Retail & Distribution
To see the full contact details of Aarambh Procon Private Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Business activity
The main business activity of Aarambh Procon is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Aarambh Procon Private Limited, buy the company report.
Financials of Aarambh Procon Private Limited
FY 2019 filings availableAarambh Procon Private Limited reported revenue of ₹42,661 (down 100% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 94% over three years. EBITDA fell 63% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
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| EBITDA | ₹13,713 | ||||
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| Net Profit (PAT) | -₹14,664 | ||||
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Financial Ratios
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
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| Profitability | |||||
| EBITDA Margin | 32.1% | ||||
| Net Profit Margin | -34.4% | ||||
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To see the full financial statements and ratios of Aarambh Procon Private Limited, buy the company report.
Board of directors of Aarambh Procon Private Limited
Aarambh Procon has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Birju Rajnikant Bhavsar | Director | 08 May 2019 | 7 Years 6 Months | Current |
| Hemang Pankaj Shah Also directs: Devarshi Projects LLP, Hansaj Projects LLP | Managing Director | 17 Oct 2012 | 14 Years 0 Months | Current |
Auditor
Aarambh Procon Private Limited is audited by PARTH DESAI & CO. for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PARTH DESAI & CO. | FY 2017 |
Shareholding
The shareholding of Aarambh Procon Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Aarambh Procon Private Limited, buy the company report.
Legal cases
Aarambh Procon Private Limited has 6 court cases on record: 6 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 6 | 6 | 0 |
Cases on record (5 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed against the company by Shri.Rajnikant Shah Director of Ms.Nischay Fab Pvt.Ltd | Disposed |
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed against the company by an individual | Disposed |
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed against the company by an individual | Disposed |
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed against the company by an individual | Disposed |
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed against the company by an individual | Disposed |
To see the full case history of Aarambh Procon Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Aarambh Procon Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Aarambh Procon has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Aarambh Procon Private Limited, buy the company report.
Recent activity
Aarambh Procon Private Limited has 5 board changes on record since 2012: 2 appointments and 3 cessations. The latest: Pankajbhai Vimalbhai Shah ceased to be Additional Director on 11 May 2019.
Frequently asked questions
Aarambh Procon is an active private limited company based in Ahmedabad, Gujarat, India. The company works in construction materials retail and distribution, within the metals and minerals industry. It was incorporated on 17 October 2012 (14+ years old) and is registered under CIN U70101GJ2012PTC072350.
Aarambh Procon has 2 current directors:
- Hemang Pankaj Shah - Managing Director
- Birju Rajnikant Bhavsar - Director
The latest financial statements of Aarambh Procon on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 30 September 2019. Year-wise statements from 2015 are in the company report.
No. Aarambh Procon has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Aarambh Procon is U70101GJ2012PTC072350. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Aarambh Procon has 6 court cases on record: 6 filed against it.
Aarambh Procon was incorporated on 17 October 2012, making it 14+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Pankajbhai Vimalbhai Shah ceased to be Additional Director on 11 May 2019. Birju Rajnikant Bhavsar was appointed as Director on 08 May 2019. Hemang Pankaj Shah ceased to be Managing Director on 07 May 2019. Aarambh Procon has 5 board changes on record in total.
The registered office of Aarambh Procon is at L – 11 Swastik Plaza Nr.Sardar Patel Bavla Road Naranpura, Ahmedabad, Gujarat, India – 380013.
Aarambh Procon operates in the metals and minerals industry, in the construction materials retail and distribution segment.
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