MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-OD-28-0001843
Armour Ray Ventures Private Limited
Armour Ray Ventures Private Limited - transport and logistics in Jharsuguda, Odisha, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹83.84 Cr
▲ 197% YoY
Net profit · FY 2024
₹9.52 Cr
Net margin 11.4%
EBITDA · FY 2024
₹16.99 Cr
EBITDA margin 20.3%
Authorised capital
₹1 Cr
Registered with MCA
Paid-up capital
₹30 Lakh
Issued & subscribed
Open charges
₹49.23 Cr
Satisfied ₹38.57 Lakh
Company age
5 yrs
Est. 2021
Employees · EPFO
168
Provident fund records
About Armour Ray Ventures Private Limited
Data last updated:
Armour Ray Ventures Private Limited is a private limited company based in Jharsuguda, Odisha, India. It operates in the integrated logistics and supply chain solutions segment of the transport and logistics sector. It was incorporated on 22 February 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Cuttack, under CIN U60210OR2021PTC035668. Its GSTIN is 21AAUCA8199F1Z8 (Odisha).
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹30 Lakh. It is led by directors Swaraj Bhoi and Bishal Kumar Das.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Jharsuguda, Odisha.
As per the financials filed for FY 2024, the company reported a revenue of ₹83.84 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹9.52 Cr (net margin 11.4%) and EBITDA of ₹16.99 Cr (EBITDA margin 20.3%).
The company has about 168 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹49.23 Cr and satisfied charges of ₹38.57 Lakh on record. Court records list 4 cases involving the company, including 4 filed against it; 1 case is pending.
Armour Ray Ventures Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-OD-28-0001843). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U60210OR2021PTC035668
Registration Number 035668
Incorporation Date 22 February 2021
ROC Cuttack
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-OD-28-0001843
Key People
Swaraj Bhoi Director Bishal Kumar Das Director Recognitions & Rankings of Armour Ray Ventures
Contact details
Armour Ray Ventures Private Limited's registered office is in Jharsuguda, Odisha. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressPlot No 1036 Ganesh Upadhyay Marg, Beherapali, Jharsuguda, Odisha, India – 768201
- IndustryTransport and Logistics, Integrated & Diversified Logistics Services
To see the full contact details of Armour Ray Ventures Private Limited, buy the company report.
Comprehensive company report
Armour Ray Ventures Private Limited - one report that includes everything
- 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
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Business activity
The main business activities of Armour Ray Ventures are transport and storage, trade and water supply, sewerage and waste management. In detail, this covers services incidental to land, water & air transportation, wholesale trading and waste collection, treatment and disposal activities, materials recovery and other waste management services. 3 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| H | Transport and storage | H5 | Services incidental to land, water & air transportation | |
| G | Trade | G1 | Wholesale Trading | |
| E | Water supply, sewerage and waste management | E3 | Waste collection, treatment and disposal activities, materials recovery and Other waste management services |
To see the full business activity and turnover split of Armour Ray Ventures Private Limited, buy the company report.
Financials of Armour Ray Ventures Private Limited
FY 2024 filings availableArmour Ray Ventures Private Limited reported revenue of ₹83.84 Cr (up 197% YoY) for FY 2024.
Revenue · FY 2024
₹83.84 Cr ▲ 197%
Net profit · FY 2024
₹9.52 Cr margin 11.4%
EBITDA · FY 2024
₹16.99 Cr margin 20.3%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 197%
EBITDA CAGR growth
1 year
▲ 125%
Revenue rose 197% in the latest year. EBITDA rose 125% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ||||
| Other Income | ||||
| Total Revenue | ||||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | ₹16.99 Cr | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | ₹9.52 Cr | |||
| 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 | ||||
| Trade Receivables | ||||
| Cash and Bank Balance | ||||
| Total Assets | ||||
Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 20.3% | |||
| Net Profit Margin | 11.4% | |||
| Return on Equity (ROE) | ||||
| Return on Capital Employed (ROCE) | ||||
| Return on Assets (ROA) | ||||
| Liquidity and Debt | ||||
| Current Ratio | ||||
| Quick Ratio | ||||
| Debt-to-Equity Ratio | ||||
| Interest Coverage Ratio | ||||
| 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 Armour Ray Ventures Private Limited, buy the company report.
Board of directors of Armour Ray Ventures Private Limited
Armour Ray Ventures has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Swaraj Bhoi | Director | 28 Nov 2022 | 3 Years 11 Months | Current |
| Bishal Kumar Das | Director | 22 Feb 2021 | 5 Years 8 Months | Current |
Auditor
Armour Ray Ventures Private Limited is audited by D M ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| D M ASSOCIATES | FY 2023 | 320306E |
Shareholding
The shareholding of Armour Ray Ventures Private Limited is on record for 2 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Armour Ray Ventures Private Limited, buy the company report.
Charges & borrowings
Open charges
₹49.23 Cr
Satisfied charges
₹38.57 Lakh
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 31 Mar 2025 | 101084496 | Axis Bank Limited | ₹2.87 Cr | Open | |
| 12 Dec 2024 | 101027602 | Axis Bank Limited | ₹9 Cr | Open | |
| 21 Jun 2024 | 100962374 | Hdfc Bank Limited | ₹27.13 Lakh | Open | |
| 05 Feb 2024 | 100907779 | Hdfc Bank Limited | ₹21.69 Lakh | Open | |
| 08 Dec 2023 | 100853628 | Axis Bank Limited | ₹2.75 Cr | Open |
To see the full charge records of Armour Ray Ventures Private Limited, buy the company report.
Total charge records: 17 View all charges
Legal cases
Armour Ray Ventures Private Limited has 4 court cases on record: 4 filed against it. 1 case is pending and 3 are disposed.
Total cases
4
Filed against the company
4
Pending
1
Disposed
3
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 4 | 1 |
Cases on record (2 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Balangir, Odisha | Court case (M.a.c. Case) | Filed against the company by individuals | Pending |
| District court, Jharsuguda, Odisha | Court case (2 (c)cc) | Filed against the company by State of Odisha | Disposed |
To see the full case history of Armour Ray Ventures Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Armour Ray Ventures Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Armour Ray Ventures Private Limited has a workforce of 168 employees on its EPFO records as of Apr 01, 2024, across 1 active EPFO establishment.
Employee count
168
Active EPFO establishments
1
Employee growth
409.09%
GST
Armour Ray Ventures has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 21AAUCA8199F1Z8 | Odisha | Active | 23 Mar 2021 |
To see the full GST registrations and return filing status of Armour Ray Ventures Private Limited, buy the company report.
Recent activity
Armour Ray Ventures Private Limited has 5 board changes on record since 2021: 2 appointments and 3 cessations. The latest: Shivam Sinha ceased to be Additional Director on 22 Dec 2022.
Charges
A charge with Axis Bank Limited amounted to Rs. 2.87 Cr with Charge ID 101084496 was registered on 31 Mar 2025.
Charges
A charge registered on 29 Nov 2023 via Charge ID 100871789 with Others was fully satisfied on 20 Mar 2025.
Charges
A charge with Axis Bank Limited amounted to Rs. 9.00 Cr with Charge ID 101027602 was registered on 12 Dec 2024.
AGM
Armour Ray Ventures Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.27 Cr with Charge ID 100962374 was registered on 21 Jun 2024.
Filing
Armour Ray Ventures Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Cuttack.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.22 Cr with Charge ID 100907779 was registered on 05 Feb 2024.
Charges
A charge with Axis Bank Limited amounted to Rs. 2.75 Cr with Charge ID 100853628 was registered on 08 Dec 2023.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 9.59 Cr with Charge ID 100873277 was registered on 08 Dec 2023.
Charges
A charge with Others amounted to Rs. 0.39 Cr with Charge ID 100871789 was registered on 29 Nov 2023.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 2.75 Cr with Charge ID 100842995 was registered on 02 Nov 2023.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.27 Cr with Charge ID 100836256 was registered on 13 Oct 2023.
14 earlier events are in the company report.
Frequently asked questions
Armour Ray Ventures is an active private limited company based in Jharsuguda, Odisha, India. The company works in integrated and diversified logistics services, within the transport and logistics industry. It was incorporated on 22 February 2021 (5+ years old) and is registered under CIN U60210OR2021PTC035668.
Armour Ray Ventures has 2 current directors:
- Swaraj Bhoi - Director
- Bishal Kumar Das - Director
The latest financial statements of Armour Ray Ventures on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2021 are in the company report.
The GSTIN of Armour Ray Ventures is 21AAUCA8199F1Z8, registered in Odisha.
The CIN (Corporate Identification Number) of Armour Ray Ventures is U60210OR2021PTC035668. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Armour Ray Ventures has 4 court cases on record: 4 filed against it. 1 is pending.
Armour Ray Ventures was incorporated on 22 February 2021, making it 5+ years old. It is registered with the Registrar of Companies, Cuttack.
Shivam Sinha ceased to be Additional Director on 22 Dec 2022. Swaraj Bhoi was appointed as Director on 28 Nov 2022. Manish Prasad Sony ceased to be Additional Director on 09 Oct 2021. Armour Ray Ventures has 5 board changes on record in total.
Yes, Armour Ray Ventures is registered as a medium enterprise under Udyam registration (number: UDYAM-OD-28-0001843).
The registered office of Armour Ray Ventures is at Plot No 1036 Ganesh Upadhyay Marg, Beherapali, Jharsuguda, Odisha, India – 768201.
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