Ariston Group India Private Limited

Ariston Group India Private Limited - consumer electronics & durables in Pune, Maharashtra, India. FY 2026 financials and compliance.
CIN U31900PN2016FTC165930 Incorporated 10 August 2016 ROC Pune HQ Pune, Maharashtra, India
Active Foreign Private Limited Company consumer electronics and durables
Data last updated
Revenue · FY 2023
₹380.69 Cr
▲ 0.61% YoY
EBITDA · FY 2023
Locked
In full report
Net profit · FY 2023
Locked
In full report
Authorised capital
₹80 Cr
Registered with MCA
Paid-up capital
₹45.75 Cr
Issued & subscribed
Open charges
₹1 Cr
Secured borrowings
Company age
10 yrs
Est. 2016
Employees · EPFO
131
Latest available

About Ariston Group India Private Limited

Data last updated: 18 February 2026

Ariston Group India Private Limited is a foreign private limited company based in Pune, Maharashtra, India, a subsidiary of Ariston Holding N.V.. It specialises in electronics retail and distribution, a part of the broader consumer electronics and durables sector. Incorporated on 10 August 2016, the company has been in operation for over 10 years.

Registered with ROC Pune under CIN U31900PN2016FTC165930.

Capital: an authorised share capital of ₹80 Cr and a paid-up capital of ₹45.75 Cr. Formerly known as Ariston Thermo India Private Limited. It is led by directors including Umberto Gaspare Crovella and Mohit Narula.

Last AGM: 28 May 2025. Financial statements filed for year ended 31 December 2024. Office: 1St Floor Office No. 103 Mayfair Tower Wakdewadi Shivajinagar, Pune, Maharashtra, India – 411005.

As per the financials filed for FY 2023, the company reported a revenue of ₹380.69 Cr, a growth of 0.61% compared to the previous year.

The company has a workforce of approximately 131 employees as per the latest available data. It operates as a subsidiary of Ariston Holding N.V..

The company is associated with 1 brand - Racold. As per MCA filings, the company has open charges of ₹1 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 racold.com.

Company Details of Ariston Group India Private Limited
CIN U31900PN2016FTC165930
Registration Number 165930
Incorporation Date 10 August 2016
ROC Pune
Listing Status Unlisted
Company Status Active
Date of Last AGM 28 May 2025
Date of Balance Sheet 31 December 2024
Parent Company Ariston Holding N.V.
Compliance Status Active Compliant
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Website
  • Social Media
  • Registered Address
    1St Floor Office No. 103 Mayfair Tower Wakdewadi Shivajinagar, Pune, Maharashtra, India – 411005
  • Industry
    Consumer Electronics & Durables, Electronic Appliances Retail & Distribution
Company report
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Financials, compliance, directors, charges, ownership and filings for Ariston Group India Private Limited in one report.

10-year financials Directors & ownership Charges & compliance

Associated Brands with Ariston Group India Private Limited

Ariston Group India Private Limited operates one associated brand: Racold. These brands represent Ariston Group India Private Limited's diversified market presence and brand portfolio.

Brand Description Website
Water heating solutions, including geysers and heaters, are offered by Racold in India. racold.com

Business Activity of Ariston Group India Private Limited

Ariston Group India Private Limited operates primarily in the trade sector. The company has 1 registered business activity segment, reflecting its diverse operational portfolio.

Main Activity Group Code Description of Main Activity Business Activity Code Description of Business Activity Turnover Percentage
Locked Trade Locked Wholesale Trading Locked
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Auditor Details of Ariston Group India Private Limited

Ariston Group India Private Limited is audited by S R B C & CO LLP for the financial year 2023. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.

Name Status Appointment Date Cessation Date
S R B C & CO LLP Locked Locked Locked
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Complete auditor history for Ariston Group India Private Limited

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Board of Directors of Ariston Group India Private Limited

Ariston Group India Private Limited is currently managed by 3 directors, with 11 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.

Current Directors
Name Designation Appointment Date Tenure Status
Umberto Gaspare Crovella Director 01 Dec 2024 1 Years 8 Months Current
Mohit Narula Managing Director 31 May 2019 7 Years 2 Months Current
Ninad Jaiprakash Shelar Director 15 Feb 2025 1 Years 5 Months Current

Financials of Ariston Group India Private Limited FY 2024 filings available

Ariston Group India Private Limited reported revenue of ₹380.69 Cr (up 0.61% YoY) for FY 2023.

Revenue · FY 2023
₹380.69 Cr ▲ 0.61%
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Ten-year financial statements for Ariston Group India Private Limited

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Ownership and Shareholding of Ariston Group India Private Limited

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Shareholding and ownership data for Ariston Group India Private Limited

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Charges & Borrowings of Ariston Group India Private Limited

Open charges
₹1 Cr
Satisfied charges
₹0
Breakdown by lending institutions
The Hongkong and Shanghai Banking Corporation Limited₹1.00 Cr
Latest charge details
DateLenderAmountStatus
12 Feb 2021 The Hongkong and Shanghai Banking Corporation Limited ₹1 Cr Open

Total charge records: 1 View all charges

Employees and EPFO Compliance at Ariston Group India Private Limited

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

Employee count
131
Active EPFO establishments
1
Employee growth
4.8%
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Employee and EPFO history for Ariston Group India Private Limited

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GST Compliance of Ariston Group India Private Limited

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GST registrations and filing compliance for Ariston Group India Private Limited

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Credit Ratings, Litigation & Regulatory Alerts for Ariston Group India Private Limited

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Credit ratings, litigation, and regulatory alerts for Ariston Group India Private Limited

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MSME Payment Delays by Ariston Group India Private Limited

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MSME payment history for Ariston Group India Private Limited

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Subsidiaries & Group Companies of Ariston Group India Private Limited

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Corporate group structure for Ariston Group India Private Limited

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MCA Filings & Documents of Ariston Group India Private Limited

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MCA filings and documents for Ariston Group India Private Limited

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Recent Activity on Ariston Group India Private Limited

Activity
28 May 2025
Ariston Group India Private Limited last Annual general meeting of members was held on 28 May 2025 as per latest MCA records.
Directors
15 Feb 2025
Ninad Jaiprakash Shelar was appointed as a Director on 15 Feb 2025 & has been associated with this company since 1 year 5 months.
Activity
31 Dec 2024
Ariston Group India Private Limited has filed its annual Financial statements for the year ended 31 Dec 2024 with Roc Pune.
Directors
01 Dec 2024
Umberto Gaspare Crovella was appointed as a Director on 01 Dec 2024 & has been associated with this company since 1 year 8 months.
Directors
21 Mar 2022
Arati Ashok Godbole was appointed as a Company Secretary on 21 Mar 2022 & has been associated with this company since 4 years 4 months.
Charges
12 Feb 2021
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.

Recent News on Ariston Group India Private Limited

Frequently Asked Questions about Ariston Group India Private Limited

Ariston Group India Private Limited is an active foreign private limited company in the consumer electronics and durables sector based in Pune, Maharashtra, India. It was incorporated on 10 August 2016 (10+ years old) and is registered under CIN U31900PN2016FTC165930. The company has 131 employees.

Ariston Group India Private Limited reported revenue of ₹380.69 Cr for FY 2023 (up 0.61% YoY).

The current directors of Ariston Group India Private Limited are:

The primary industry of Ariston Group India Private Limited is consumer electronics and durables. The company specifically operates in electronic appliances retail and distribution. The company is currently active in this sector.

Ariston Group India Private Limited can be reached at the registered office: 1St Floor Office No. 103 Mayfair Tower Wakdewadi Shivajinagar, Pune, Maharashtra, India – 411005, or through the website racold.com.

The authorised capital is ₹80 Cr, and the paid-up capital is ₹45.75 Cr.

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