Ariston Group India Private Limited - Company Profile

It is a consumer electronics & durables foreign private limited company based in Pune, Maharashtra, India, established in 2016.

2016 Pune, Maharashtra, India Active

Last Updated: February 18, 2026

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About Ariston Group India Private Limited

Ariston Group India Private Limited, a active foreign private limited company, was established on 10 August 2016 in Pune, Maharashtra, India. Engaging in electronic appliances retail & distribution within the trade sector, it holds CIN: U31900PN2016FTC165930. Registered under ROC Roc Pune. it is unlisted. It has an authorized capital of ₹80.00 Cr and a paid-up capital of ₹45.75 Cr.

Formerly known as Ariston Thermo India Private Limited. It upholds a compliant status. Employing 131 professional, Its leadership includes Umberto Gaspare Crovella (Director), Mohit Narula (Managing Director), Ninad Jaiprakash Shelar (Director). Past directors included Hendrik Kretzer, Ramnath Venkatramanan, Umberto Gaspare Crovella. It holds ₹1.00 Cr open charges and no settled loans. Its latest AGM occurred on 28 May 2025, with the balance sheet filed on 31 December 2024. It is based at 1St Floor, Office No. 103, Mayfair Tower, Wakdewadi, Shivajinagar,, Pune, Maharashtra, 411005.

Company Details

CIN/LLPIN
U31900PN2016FTC165930
Registration Number
165930
Incorporation Date
10 August 2016
Authorized Capital
₹80.00 Cr
Paid-Up Capital
₹45.75 Cr
ROC Code
Roc Pune
Listing Status
Unlisted
Company Status
Active

Key Metrics

Authorised Capital ₹ 80.00 Cr as on 18-02-2026
Paid Up Capital ₹ 45.75 Cr as on 18-02-2026
Company Age 9 Year, 8 Months
Last Filing with ROC 31 Dec 2024
Open Charges ₹ 1.00 Cr as on 18-02-2026
Revenue Growth **** 0.61% (FY 2023)
Profit Growth **** -264.64% (FY 2023)
Ebitda **** -125.11% (FY 2023)
Net Worth 145.77% (FY 2023)
Total Assets **** 2.51% (FY 2023)

Comprehensive Company Insights

Explore comprehensive insights into Ariston Group India 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 Ariston Group India Private Limited?

Current Directors

Name	Designation	Appointment Date	Status
Umberto Gaspare Crovella	Director	01 Dec 2024	Current
Mohit Narula	Managing Director	31 May 2019	Current
Ninad Jaiprakash Shelar	Director	15 Feb 2025	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Director	01 Sep 2022	Past
Pramod Abcsdd	Director	26 Oct 2016	Past
Pramod Abcsdd	Additional Director	27 May 2025	Past
Pramod Abcsdd	Additional Director	24 Mar 2023	Past
Pramod Abcsdd	Additional Director	31 May 2019	Past
Pramod Abcsdd	Director	27 Jul 2018	Past

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Financial Performance of Ariston Group India.

Ariston Group India Private Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 0.61% increase. The company also saw a substantial fall in profitability, with a 264.64% decrease in profit. The company's net worth Soared by an impressive increase of 145.77%.

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

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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

********

0.61%

*******

Revenue from Operations

*******

0.89%

*******

Total Assets

*******

2.51%

*******

Profit or Loss

*******

-264.64%

*******

Net Worth

*******

145.77%

*******

EBITDA

*******

-125.11%

*******

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What is the Ownership and Shareholding Structure of Ariston Group India?

In 2022, Ariston Group India had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)

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

₹10,000,000.00

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

The Hongkong And Shanghai Banking Corporation Limited : 1.00 Cr

Latest Charge Details

Date	Lender	Amount	Status
12 Feb 2021	The Hongkong And Shanghai Banking Corporation Limited	₹1.00 Cr	Open

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How Many Employees Work at Ariston Group India?

Ariston Group India has a workforce of 131 employees as of Apr 02, 2024. 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

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Deals i

Gain comprehensive insights into the Deals and Valuation data of Ariston Group India, 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 Ariston Group India's trajectory.

Rating

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

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 Ariston Group India

Recent Activity within the Organization

Annual General Meeting

Progress on Ariston Group India Private Limited last Annual general meeting of members was held on 28 May 2025 as per latest MCA records. was documented.
28 May 2025
Director Appointment

The activity Ninad Jaiprakash Shelar was appointed as a Director was appointed as a Director on 15 Feb 2025 & has been associated with this company since 1 year 2 months . was completed.
15 Feb 2025
Balance Sheet

Ariston Group India Private Limited has filed its annual Financial statements for the year ended 31 Dec 2024 with Roc Pune. was recorded as a recent event.
31 Dec 2024
Director Appointment

Progress on Umberto Gaspare Crovella was appointed as a Director was appointed as a Director on 01 Dec 2024 & has been associated with this company since 1 year 4 months . was documented.
01 Dec 2024
Director Appointment

Arati Ashok Godbole was appointed as a Company Secretary was appointed as a Company Secretary on 21 Mar 2022 & has been associated with this company since 4 years 30 days . was recorded as a recent event.
21 Mar 2022
Charges

Progress on A charge with The Hongkong And Shanghai Banking Corporation Limited amounted to Rs. 1.00 Cr with Charge ID 100422150 was registered on 12 Feb 2021. was documented.
12 Feb 2021

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