About Arete Capital Service Private Limited
Data last updated: 14 December 2025
Arete Capital Service Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Kavisri Enterprises Private Limited. It specialises in financial product distributors, a part of the broader financial services sector. Incorporated on 20 December 1996, the company has been in operation for over 30 years.
Registered with ROC Mumbai under CIN U67120MH1996PTC104655.
Capital: an authorised share capital of ₹6.5 Cr and a paid-up capital of ₹3.47 Cr. Formerly known as Spa Global Private Limited and Evergreen Broking Pvt Ltd. It is led by directors including Kamal Kishore Somani and Arun Kumar Poddar.
Last AGM: 30 September 2025. Financial statements filed for year ended 31 March 2025. Office: 101 A 10Th Floor Mittal Court Nariman Point, Mumbai, Maharashtra, India – 400021.
As per the financials filed for FY 2025, the company reported a revenue of ₹13.48 Cr, a growth of 30% compared to the previous year.
The company has a workforce of approximately 13 employees as per the latest available data. It operates as a subsidiary of Kavisri Enterprises Private Limited.
The company is associated with 1 brand - Arete Capital. As per MCA filings, the company has open charges of ₹31 Cr and satisfied charges of ₹111 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website aretecapital.co.in.
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Registered Address101 A 10Th Floor Mittal Court Nariman Point, Mumbai, Maharashtra, India – 400021
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IndustryFinancial Services, Financial Product Distributors
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
Name History of Arete Capital Service Private Limited
Arete Capital Service Private Limited has undergone 3 name changes throughout its history. The company was previously known as Spa Global Private Limited, Evergreen Broking Pvt Ltd, and Arete Capital Services Private Limited. The current legal name is Arete Capital Service Private Limited, reflecting the company's evolution and rebranding over time.
| Company Name | Status |
|---|---|
| Arete Capital Service Private Limited | Current |
| Spa Global Private Limited | Previous |
| Evergreen Broking Pvt Ltd | Previous |
| Arete Capital Services Private Limited | Previous |
Associated Brands with Arete Capital Service Private Limited
Arete Capital Service Private Limited operates one associated brand: Arete Capital. These brands represent Arete Capital Service Private Limited's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| Investment advisory and retirement fund solutions are provided. | aretecapital.co.in |
Competitors & Alternatives of Arete Capital Service Private Limited
Brands and companies operating in the same space as Arete Capital Service Private Limited include Fidelity Investments, UTI Mutual Fund, Goldman Sachs and 7 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
Fidelity Investments
|
Provider of brokerage accounts, retirement planning, wealth management, and trading platforms | Boston, United States, United States | 1946 |
UTI Mutual Fund
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Mutual funds, portfolio management, and retirement planning services are offered. | Mumbai, India, India | 2001 |
Goldman Sachs
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Investment banking services are delivered across multiple financial sectors. | New York, United States, United States | 1869 |
S&P Global
|
Platform offering business intelligence solutions that combine data and actionable analytics for clients | New York, United States, United States | 1917 |
Sundaram Finance
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Provider of consumer & SME loans and equipment & vehicle leasing services | Chennai, India, India | 1954 |
Bank of America
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Commercial banking and asset management services are offered worldwide. | Charlotte, United States, United States | 1904 |
State Street
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Financial services are provided to asset managers worldwide. | Boston, United States, United States | - |
FIS
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Software suites for banks and financial institutions are provided. | Jacksonville, United States, United States | 1968 |
Avendus
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Corporate advisory and investment services are provided to clients. | Mumbai, India, India | 1999 |
360 One
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Asset and wealth management software is provided for businesses. | Mumbai, India, India | 2008 |
Business Activity of Arete Capital Service Private Limited
Arete Capital Service Private Limited is engaged in the principal business activity of financial and insurance service, with detailed activities including other financial activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities | Locked |
Business activity turnover details for Arete Capital Service Private Limited
Turnover contribution percentages and historical activity changes require an active report plan.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
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Auditor Details of Arete Capital Service Private Limited
Arete Capital Service Private Limited is audited by Jagdish Bansal & Associates for the financial year 2022. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Jagdish Bansal & Associates | Locked | Locked | Locked |
Complete auditor history for Arete Capital Service Private Limited
Appointment status, appointment dates, cessation dates, and historical auditor changes require an active report plan.
- Appointment status
- Appointment dates
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Board of Directors of Arete Capital Service Private Limited
Arete Capital Service Private Limited is currently managed by 3 directors, with 5 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kamal Kishore Somani | Director | 28 Aug 2002 | 23 Years 10 Months | Current |
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Arun Kumar Poddar
Also directs:
Choice Strategic Advisors Llp, Choice International Limited, Choice Consultancy Services Private Limited and 5 more
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Additional Director | 28 Mar 2025 | 1 Years 3 Months | Current |
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Ajay Rajendra Kejriwal
Also directs:
Choice International Limited, Choice Wealth Private Limited, Choice Amc Private Limited and 5 more
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Additional Director | 28 Mar 2025 | 1 Years 3 Months | Current |
Financials of Arete Capital Service Private Limited FY 2025 filings available
Arete Capital Service Private Limited reported revenue of ₹13.48 Cr (up 30.00% YoY) for FY 2025.
Ten-year financial statements for Arete Capital Service Private Limited
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Ownership and Shareholding of Arete Capital Service Private Limited
Shareholding and ownership data for Arete Capital Service Private Limited
Promoter, institutional, public, and beneficial ownership values require an active report plan.
- Ownership categories
- Historical changes
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Charges & Borrowings of Arete Capital Service Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 28 Jan 2021 | Others | ₹31 Cr | Open |
| 03 Oct 2016 | Others | ₹76 Cr | Satisfied |
| 08 Mar 2007 | The Bank of Rajasthan Limited | ₹25 Cr | Satisfied |
| 26 Sep 2003 | Hdfc Bank Limited | ₹10 Cr | Satisfied |
Total charge records: 4 View all charges
Employees and EPFO Compliance at Arete Capital Service Private Limited
Arete Capital Service Private Limited has a workforce of 13 employees as of Mar 29, 2024.
Employee and EPFO history for Arete Capital Service Private Limited
Monthly headcount, contribution history, establishment records, and filing compliance require an active report plan.
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GST Compliance of Arete Capital Service Private Limited
GST registrations and filing compliance for Arete Capital Service Private Limited
State-wise registrations, return filing status, HSN and SAC details, and jurisdiction records require an active report plan.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
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Credit Ratings, Litigation & Regulatory Alerts for Arete Capital Service Private Limited
Credit ratings, litigation, and regulatory alerts for Arete Capital Service Private Limited
Agency ratings, court records, regulatory events, and entity-specific compliance alerts require an active report plan.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
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MSME Payment Delays by Arete Capital Service Private Limited
MSME payment history for Arete Capital Service Private Limited
Amounts outstanding to micro and small suppliers, delay reasons, and MSME-1 filing history require an active report plan.
- Outstanding amounts
- Delay periods and reasons
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Subsidiaries & Group Companies of Arete Capital Service Private Limited
Corporate group structure for Arete Capital Service Private Limited
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MCA Filings & Documents of Arete Capital Service Private Limited
MCA filings and documents for Arete Capital Service Private Limited
Official forms, annual returns, financial statements, charge filings, and document dates require an active report plan.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
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Recent Activity on Arete Capital Service Private Limited
Frequently Asked Questions about Arete Capital Service Private Limited
Arete Capital Service Private Limited is an active private limited company in the financial services sector based in Mumbai, Maharashtra, India. It was incorporated on 20 December 1996 (30+ years old) and is registered under CIN U67120MH1996PTC104655. The company has 13 employees.
Arete Capital Service Private Limited reported revenue of ₹13.48 Cr for FY 2025 (up 30.00% YoY).
The current directors of Arete Capital Service Private Limited are:
- Kamal Kishore Somani - Director
- Arun Kumar Poddar - Additional Director
- Ajay Rajendra Kejriwal - Additional Director
The primary industry of Arete Capital Service Private Limited is financial services. The company specifically operates in financial product distributors. The company is currently active in this sector.
Arete Capital Service Private Limited can be reached at the registered office: 101 A 10Th Floor Mittal Court Nariman Point, Mumbai, Maharashtra, India – 400021, or through the website aretecapital.co.in.
The authorised capital is ₹6.5 Cr, and the paid-up capital is ₹3.47 Cr.