Arete Services Private Limited - Company Profile

It is a financial services private limited company based in Vapi, Gujarat, India, established in 1990.
1990 Vapi, Gujarat, India Active
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About Arete Services Private Limited

Arete Services Private Limited, a active private limited company, was established on 12 April 1990 in Vapi, Gujarat, India. Engaging in real estate financing within the accommodation and food service sector, it holds CIN: U60231GJ1990PTC013617. Registered under ROC Roc Ahmedabad. it is unlisted. It has an authorized capital of ₹1.01 Cr and a paid-up capital of ₹9.90 M.

Formerly known as Highway Services Private Limited. It upholds a compliant status. Employing 332 professional, Its leadership includes Jikar Allarakha Saiyed (Director), Mrugesh Dhimantrai Oza (Director), Maulesh Jayendrabhai Shah (Director). Past directors included Altaf Jikar Saiyed, Yasmin Jikarbhai Saiyed. It holds ₹44.16 Cr open charges and ₹37.95 Cr settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at Comm. Plot No. C7/67/P, N. H. No 8, Near Koparli Road G.I.D.C.,, Vapi, Gujarat, 396195.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
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  • Apps
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Company Details

  • CIN/LLPIN

    U60231GJ1990PTC013617

  • Registration Number

    013617

  • Incorporation Date

    12 April 1990

  • Authorized Capital

    ₹1.01 Cr

  • Paid-Up Capital

    ₹9.90 M

  • ROC Code

    Roc Ahmedabad

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 1.01 Cr
  • Paid Up Capital ₹ 9.90 M
  • Company Age 35 Year, 10 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 44.16 Cr
  • Satisfied Charges ₹ 37.95 Cr
  • Revenue Growth **** 13.26%
  • Profit Growth **** -431.40%
  • Ebitda **** -68.16%
  • Net Worth -23.19%
  • Total Assets **** 1.41%
Company report

Arete Services Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Arete Services Private Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Arete Services Private Limited?
Current Directors
Name Designation Appointment Date Status
Jikar Allarakha Saiyed Director 12 Apr 1990 Current
Mrugesh Dhimantrai Oza Director 26 Dec 2005 Current
Maulesh Jayendrabhai Shah Director 22 Apr 2025 Current
Siraj Jikar Saiyed Director 24 Oct 2007 Current
Chirag Rana Director 22 Apr 2025 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 18 May 2020 Past
Pramod Abcsdd Director 24 Oct 2007 Past

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Financial Performance of Arete Services.

Arete Services Private Limited, for the financial year ended 2024, experienced significant growth in revenue, with a 13.26% increase. The company also saw a substantial fall in profitability, with a 431.4% decrease in profit. The company's net worth observed a substantial decline by a decrease of 23.19%.

Arete Services revenue growth over time
Arete Services profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • 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
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 13.26%
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Revenue from Operations
*******
 15.22%
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*******
*******
Total Assets
*******
 1.41%
*******
*******
*******
*******
Profit or Loss
*******
 -431.40%
*******
*******
*******
*******
Net Worth
*******
 -23.19%
*******
*******
*******
*******
EBITDA
*******
 -68.16%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Arete Services?

In 2024, Arete Services had a promoter holding of 100.00%. The company had 14 Subsidiaries. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

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Charges (Loans)
Open Charges

₹441,640,000.00

Satisfied Charges

₹379,459,000.00

Charges Breakdown by Lending Institutions
  • Axis Bank Limited : 42.16 Cr
  • Hdfc Bank Limited : 2.01 Cr
Latest Charge Details
Date Lender Amount Status
15 Sep 2025 Axis Bank Limited ₹8.00 Cr Open
16 Mar 2024 Hdfc Bank Limited ₹1.87 M Open
02 Sep 2023 Hdfc Bank Limited ₹4.60 M Open
05 Jul 2023 Axis Bank Limited ₹24.46 Cr Open
21 Feb 2023 Hdfc Bank Limited ₹0.65 M Open

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How Many Employees Work at Arete Services?

Arete Services has a workforce of 332 employees as of Sep 09, 2025. 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.

Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Arete Services, 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 Arete Services'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.

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Latest Updates, News, and FAQs on Arete Services
Recent Activity within the Organization
  • Charges

    Progress on A charge with Axis Bank Limited amounted to Rs. 8.00 Cr with Charge ID 101157906 was registered on 15 Sep 2025. was documented.

  • Director Appointment

    The activity Maulesh Jayendrabhai Shah was appointed as a Director was appointed as a Director on 22 Apr 2025 & has been associated with this company since 9 months 26 days . was completed.

  • Director Appointment

    Progress on Chirag Rana was appointed as a Director was appointed as a Director on 22 Apr 2025 & has been associated with this company since 9 months 26 days . was documented.

  • Annual General Meeting

    Progress on Arete Services Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was documented.

  • Charges

    Progress on A charge registered on 27 Aug 2021 via Charge ID 100479787 with Axis Bank Limited was fully satisfied on 10 Aug 2024. was documented.

  • Charges

    The activity A charge with Axis Bank Limited of Rs. 24.46 Cr registered on 05 Jul 2023 with Charge ID 100754835 was modified on 31 Jul 2024. was completed.

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Frequently Asked Questions
What is the CIN of Arete Services Private Limited?

The CIN of Arete Services Private Limited is U60231GJ1990PTC013617.

Where is Arete Services Private Limited headquartered?

Arete Services Private Limited is headquartered at Comm. Plot No. C7/67/P, N. H. No 8, Near Koparli Road G.I.D.C.,, Vapi, Gujarat, 396195.

When was Arete Services Private Limited incorporated?

Arete Services Private Limited was incorporated on 12 April 1990.

Who are the current directors of Arete Services Private Limited?

The current directors of Arete Services Private Limited are

What is the primary industry of Arete Services Private Limited?

The primary industry of Arete Services Private Limited is Accommodation And Food Service.

Is Arete Services Private Limited a listed company?

Arete Services Private Limited is unlisted.

What is the capital structure of Arete Services Private Limited?

The authorized capital of Arete Services Private Limited is ₹1.01 Cr, and the paid-up capital is ₹9.90 M.

What is the compliance status of Arete Services Private Limited?

The compliance status of Arete Services Private Limited is Compliant.

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