Aarvee Cooling Equipments Private Limited
About Aarvee Cooling Equipments Private Limited
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Aarvee Cooling Equipments Private Limited was a private limited company based in Surat, Gujarat, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the electronics retail and distribution segment of the consumer electronics and durables sector. It was incorporated on 09 November 2012.
The company was registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U51596GJ2012PTC072653. The company has 2 GST registrations on record, none of which is active.
The company had an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was led by directors Neelam Dasani and Sanjay Kumar Surana.
Its last annual general meeting (AGM) was held on 30 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office was at M – 11 Centre Point Building Civil Char Rasta Ring Road, Surat, Gujarat, India – 395002.
As per the financials filed for FY 2017, the company reported a revenue of ₹52.66 Lakh, a growth of 88% compared to the previous year. For the same year it recorded a net profit of ₹23,231 (net margin 0.4%) and EBITDA of ₹90,029 (EBITDA margin 1.7%). Revenue has grown at a compounded annual rate (CAGR) of 9% over three years.
As per MCA filings, the company had satisfied charges of ₹10 Lakh on record.
Company details
Contact details
Aarvee Cooling Equipments Private Limited's registered office is in Surat, Gujarat. Its e-mail address is in the company report.
- Email
- Registered AddressM – 11 Centre Point Building Civil Char Rasta Ring Road, Surat, Gujarat, India – 395002
- IndustryConsumer Electronics & Durables, Electronic Appliances Retail & Distribution
To see the full contact details of Aarvee Cooling Equipments 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
Financials of Aarvee Cooling Equipments Private Limited
FY 2021 filings availableAarvee Cooling Equipments Private Limited reported revenue of ₹52.66 Lakh (up 88% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 9% over three years, including 88% growth in the latest year. 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 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | ₹52.66 Lakh | ||
| Other Income | |||
| Total Revenue | |||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | ₹90,029 | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | ₹23,231 | ||
| Balance Sheet | |||
| Share Capital | |||
| Reserves and Surplus | |||
| Net Worth (Total Equity) | |||
| Long-term Borrowings | |||
| Short-term Borrowings | |||
| Trade Payables | |||
| Total Liabilities | |||
| Fixed Assets | |||
| Investments | |||
| Inventories | |||
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Financial Ratios
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 1.7% | ||
| Net Profit Margin | 0.4% | ||
| Return on Equity (ROE) | |||
| Return on Capital Employed (ROCE) | |||
| Return on Assets (ROA) | |||
| Liquidity and Debt | |||
| Current Ratio | |||
| Quick Ratio | |||
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| Efficiency and Growth | |||
| Asset Turnover | |||
| Receivable Days | |||
| Payable Days | |||
| Inventory Days | |||
| Revenue Growth | |||
| Net Profit Growth | |||
To see the full financial statements and ratios of Aarvee Cooling Equipments Private Limited, buy the company report.
Board of directors of Aarvee Cooling Equipments Private Limited
Aarvee Cooling Equipments has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Neelam Dasani | Director | 26 Feb 2015 | 11 Years 8 Months | As last reported |
| Sanjay Kumar Surana Also directs: Surana S Electronics Private Limited | Director | 09 Nov 2012 | 13 Years 11 Months | As last reported |
Auditor
Aarvee Cooling Equipments Private Limited is audited by S C KABRA & CO for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S C KABRA & CO | FY 2017 | 000337C |
Shareholding
The shareholding of Aarvee Cooling Equipments 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 Aarvee Cooling Equipments Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 31 Mar 2014 | 10494153 | State Bank of Travancore | ₹10 Lakh | Satisfied |
To see the full charge records of Aarvee Cooling Equipments Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Aarvee Cooling Equipments Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Aarvee Cooling Equipments Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Aarvee Cooling Equipments has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Aarvee Cooling Equipments Private Limited, buy the company report.
Recent activity
Aarvee Cooling Equipments Private Limited has 3 board changes on record since 2012: 2 appointments and 1 cessation. The latest: Rajubhai Gordhanbhai Vaghasiya ceased to be Director on 20 Dec 2016.
Frequently asked questions
Aarvee Cooling Equipments has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Aarvee Cooling Equipments was a private limited company based in Surat, Gujarat, India. The company worked in electronic appliances retail and distribution, within the consumer electronics and durables industry. It was incorporated on 09 November 2012 and is registered under CIN U51596GJ2012PTC072653. The company has been struck off by the Registrar of Companies and is no longer operational.
Aarvee Cooling Equipments had 2 directors:
- Neelam Dasani - Director
- Sanjay Kumar Surana - Director
The CIN (Corporate Identification Number) of Aarvee Cooling Equipments is U51596GJ2012PTC072653. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Aarvee Cooling Equipments is at M – 11 Centre Point Building Civil Char Rasta Ring Road, Surat, Gujarat, India – 395002.
Aarvee Cooling Equipments was incorporated on 09 November 2012. It is registered with the Registrar of Companies, Ahmedabad.
The latest financial statements of Aarvee Cooling Equipments on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 30 November 2021. Year-wise statements from 2015 are in the company report.
No. Aarvee Cooling Equipments has 2 GST registrations on record and all of them are cancelled or inactive.
Aarvee Cooling Equipments operated in the consumer electronics and durables industry, in the electronic appliances retail and distribution segment. It worked in this industry before it was struck off.
Rajubhai Gordhanbhai Vaghasiya ceased to be Director on 20 Dec 2016. Neelam Dasani was appointed as Director on 26 Feb 2015. Sanjay Kumar Surana was appointed as Director on 09 Nov 2012.