MSME (Udyam registered) Ministry of MSME
- Category
- Small (2023-24)
- Udyam number
- UDYAM-CH-01-0011453
Aarkay Innovations Limited
Aarkay Innovations Limited - home & lifestyle in Chandigarh, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹6.95 Cr
▲ 7.23% YoY
Net profit · FY 2025
₹33,957
Net margin 0%
EBITDA · FY 2025
₹42.7 Lakh
EBITDA margin 6.1%
Authorised capital
₹16 Lakh
Registered with MCA
Paid-up capital
₹9.86 Lakh
Issued & subscribed
Open charges
₹5.78 Cr
Satisfied ₹23 Lakh
Company age
32 yrs
Est. 1994
Employees · EPFO
9
Provident fund records
About Aarkay Innovations Limited
Data last updated:
Aarkay Innovations Limited is a public limited company based in Chandigarh, India. It operates in the textile retail and distribution segment of the home and lifestyle products sector. It was incorporated on 30 December 1994 and has been in existence for over 32 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U29219CH1994PLC015527. Its GSTIN is 03AABCA5527E1Z9 (Punjab). The company holds 4 GST registrations, of which 3 are active.
The company has an authorised share capital of ₹16 Lakh and a paid-up capital of ₹9.86 Lakh. It was formerly known as Gopal Sales Private Limited. It is led by directors including Karan Singal (Whole-Time Director) and Surinder Kumar Singal (Whole-Time Director).
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at SCO 15 Sector 26 Chandigarh, Chandigarh, India.
As per the financials filed for FY 2025, the company reported a revenue of ₹6.95 Cr. For the same year it recorded a net profit of ₹33,957 (net margin 0%) and EBITDA of ₹42.7 Lakh (EBITDA margin 6.1%). Revenue has declined at a compounded annual rate (CAGR) of 22% over three years and 22% over five years.
The company has about 9 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹5.78 Cr and satisfied charges of ₹23 Lakh on record. Court records list 7 cases involving the company, including 3 filed by the company and 4 filed against it; 1 case is pending.
Aarkay Innovations Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-CH-01-0011453). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U29219CH1994PLC015527
Registration Number 015527
Incorporation Date 30 December 1994
ROC Chandigarh
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-CH-01-0011453
CIN history
Aarkay Innovations has one previous CIN (Corporate Identification Number): L29219CH1994PLC015527. The current CIN is U29219CH1994PLC015527, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U29219CH1994PLC015527 | Current |
| L29219CH1994PLC015527 | Previous |
Key People
Karan Singal Whole-Time Director Surinder Kumar Singal Whole-Time Director Raj Kumar Singal Director Recognitions & Rankings of Aarkay Innovations
Contact details
Aarkay Innovations Limited's registered office is in Chandigarh. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressSCO 15 Sector 26 Chandigarh, Chandigarh, India
- IndustryHome & Lifestyle, Textile Retail & Distribution
To see the full contact details of Aarkay Innovations Limited, buy the company report.
Comprehensive company report
Aarkay Innovations Limited - one report that includes everything
- 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
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Business activity
The main business activity of Aarkay Innovations 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 Aarkay Innovations Limited, buy the company report.
Financials of Aarkay Innovations Limited
FY 2025 filings availableAarkay Innovations Limited reported revenue of ₹6.95 Cr for FY 2025.
Revenue · FY 2025
₹6.95 Cr
Net profit · FY 2025
₹33,957 margin 0%
EBITDA · FY 2025
₹42.7 Lakh margin 6.1%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
3 years · compounded
▼ 22%
5 years · compounded
▼ 22%
EBITDA CAGR growth
1 year
▼ 12%
3 years · compounded
▼ 20%
5 years · compounded
▼ 18%
Revenue has declined at a compounded annual rate (CAGR) of 22% over five years. EBITDA fell 12% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
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| Finance Costs | |||||
| Depreciation and Amortisation | |||||
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| Total Expenses | |||||
| EBITDA | ₹42.7 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹33,957 | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
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| Long-term Borrowings | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 6.1% | ||||
| Net Profit Margin | 0% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Receivable Days | |||||
| Payable Days | |||||
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To see the full financial statements and ratios of Aarkay Innovations Limited, buy the company report.
Board of directors of Aarkay Innovations Limited
Aarkay Innovations has 4 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Karan Singal Also directs: Aarkay Nexus Global LLP, Kaarms Healthcare Private Limited | Whole-Time Director | 20 Apr 2019 | 7 Years 6 Months | Current |
| Raj Kumar Singal Also directs: Aarkay Nexus Global LLP, Aar Kay Inframatrix Limited | Director | 20 Jul 1996 | 30 Years 3 Months | Current |
| Surinder Kumar Singal Also directs: Aar Kay Inframatrix Limited, Kaarms Healthcare Private Limited | Whole-Time Director | 25 May 2009 | 17 Years 5 Months | Current |
| Manish Bansal | Director | 28 Sep 2023 | 3 Years 1 Months | Current |
Peer comparison
Aarkay Innovations Limited is compared with the 4 companies closest to it by revenue in the Apparel industry (Apparel Retail and Distribution), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Wasan Overseas Private Limited | ₹7.02 Cr (FY 2025) | 18.0% | Delhi, India | |||
| Aarkay Innovations Limitedthis company | ₹6.95 Cr (FY 2025) | ₹33,957 | 0% | 9 | Chandigarh, India | |
| Jain Brothers Private Limited | ₹6.94 Cr (FY 2025) | 1.0% | Ludhiana, Punjab, India | |||
| Bhagirathi Impex Private Limited | ₹6.93 Cr (FY 2025) | -43.0% | Mumbai, Maharashtra, India | |||
| Amit Chandra Textiles Private Limited | ₹6.92 Cr (FY 2025) | -7.0% | Alwar, Rajasthan, India |
To see the full peer comparison of Aarkay Innovations Limited, buy the company report.
Auditor
Aarkay Innovations Limited is audited by V S BANSAL & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| V S BANSAL & ASSOCIATES | FY 2023 | 030361N |
Shareholding
The shareholding of Aarkay Innovations Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Aarkay Innovations Limited, buy the company report.
Charges & borrowings
Open charges
₹5.78 Cr
Satisfied charges
₹23 Lakh
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 25 Mar 2022 | 100570911 | Hdfc Bank Limited | ₹39.28 Lakh | Open | |
| 24 Feb 2007 | 10046742 | Hdfc Bank Limited | ₹5.39 Cr | Open | |
| 30 Oct 1999 | 90169262 | Corporation Bank | ₹5 Lakh | Satisfied | |
| 20 Oct 1999 | 90169256 | Corporation Bank | ₹18 Lakh | Satisfied |
To see the full charge records of Aarkay Innovations Limited, buy the company report.
Total charge records: 4 View all charges
Legal cases
Aarkay Innovations Limited has 7 court cases on record: 3 filed by Aarkay Innovations, 4 filed against it. 1 case is pending and 6 are disposed.
Total cases
7
Filed by the company
3
Filed against the company
4
Pending
1
Disposed
6
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 1 | 1 |
| Supreme Court | 2 | 2 | 0 |
| High courts | 1 | 0 | 0 |
| NCLAT | 1 | 1 | 0 |
Cases on record (5 of 7)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, CHANDIGARH (UT) | Writ petition | Filed by the company against Punjab State Power Corporation Ltd. and Ors and 4 others | Disposed |
| District court, Chandigarh | Court case (CS CJ) | Filed against the company by an individual | Pending |
| Supreme Court | Court case (1006-Company Law, Mrtp, Trai, Sebi, Idrai & Rbi : Others) | Filed against the company by an individual | Disposed |
| NCLAT, Chairperson Court | Tribunal matter | Filed against the company by an individual | Disposed |
| District court, SAS Nagar, Punjab | Civil suit | Filed by the company against M/S Eva Garments | Disposed |
To see the full case history of Aarkay Innovations 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
Aarkay Innovations Limited has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 7 overdue payments to 2 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (2 of 2)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Numero Uno Clothing Limited | |||
| Kontoor Brands India Private Limited |
To see the full MSME payment records of Aarkay Innovations Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Aarkay Innovations Limited has a workforce of 9 employees on its EPFO records as of Mar 23, 2024, across 1 active EPFO establishment.
Employee count
9
Active EPFO establishments
1
Employee growth
125%
GST
Aarkay Innovations has 4 GST registrations: 3 active and 1 cancelled or inactive.
Total GSTINs
4
Active
3
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 03AABCA5527E1Z9 | Punjab | Active | 01 Jul 2017 |
| 06AABCA5527E1Z3 | Haryana | Active | 01 Jul 2017 |
| 07AABCA5527E1Z1 | Delhi | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Aarkay Innovations Limited, buy the company report.
Recent activity
Aarkay Innovations Limited has 11 board changes on record since 1996: 4 appointments and 7 cessations. The latest: Manish Bansal was appointed as Director on 28 Sep 2023.
AGM
Aarkay Innovations Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Aarkay Innovations Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Chandigarh.
Appointed
Manish Bansal was appointed as Director.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 39.28 Lakh with Charge ID 100570911 was registered on 25 Mar 2022.
Ceased
Karan Singal ceased to be Director.
Ceased
Smita Bansal ceased to be Director.
Charges
A charge with Hdfc Bank Limited of Rs. 539.00 Lakh registered on 24 Feb 2007 with Charge ID 10046742 was modified on 23 Sep 2020.
Appointed
Karan Singal was appointed as Whole-Time Director.
Ceased
Manish Bansal ceased to be Whole-Time Director.
Ceased
Kiran Singal ceased to be Whole-Time Director.
Ceased
Isha Singal ceased to be Whole-Time Director.
Charges
A charge registered on 30 Oct 1999 via Charge ID 90169262 with Corporation Bank was fully satisfied on 01 Jul 2009.
11 earlier events are in the company report.
Frequently asked questions
Aarkay Innovations is an active public limited company based in Chandigarh, India. The company works in textile retail and distribution, within the home and lifestyle industry. It was incorporated on 30 December 1994 (32+ years old) and is registered under CIN U29219CH1994PLC015527.
Aarkay Innovations has 4 current directors:
- Karan Singal - Whole-Time Director
- Surinder Kumar Singal - Whole-Time Director
- Raj Kumar Singal - Director
- Manish Bansal - Director
The latest financial statements of Aarkay Innovations on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Aarkay Innovations is 03AABCA5527E1Z9, registered in Punjab. The company has 4 GST registrations in all, of which 3 are active and 1 is cancelled or inactive. Other active GSTINs include 06AABCA5527E1Z3 (Haryana), 07AABCA5527E1Z1 (Delhi).
The CIN (Corporate Identification Number) of Aarkay Innovations is U29219CH1994PLC015527. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Aarkay Innovations has 7 court cases on record: 3 filed by the company and 4 filed against it. 1 is pending. Most are in the district courts.
Aarkay Innovations was incorporated on 30 December 1994, making it 32+ years old. It is registered with the Registrar of Companies, Chandigarh.
The peers of Aarkay Innovations by revenue are Wasan Overseas Private Limited, Jain Brothers Private Limited, Bhagirathi Impex Private Limited, Amit Chandra Textiles Private Limited, all in the Apparel industry (Apparel Retail and Distribution), with the same principal business activity (wholesale trading).
Manish Bansal was appointed as Director on 28 Sep 2023. Karan Singal ceased to be Director on 01 Dec 2020. Smita Bansal ceased to be Director on 01 Dec 2020. Aarkay Innovations has 11 board changes on record in total.
Yes, Aarkay Innovations is registered as a small enterprise under Udyam registration (number: UDYAM-CH-01-0011453).
Aarkay Innovations has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 7 overdue payments to 2 micro and small suppliers. The latest return was filed on 29 May 2019.
The registered office of Aarkay Innovations is at SCO 15 Sector 26 Chandigarh, Chandigarh, India.
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