Arovea Formulations Private Limited Company Logo

Arovea Formulations Private Limited - Company Profile

It is a pharma private limited company based in Ahmedabad, Gujarat, India, established in 2021.

2021 | Ahmedabad, Gujarat, India | Active
Last Updated:

About Arovea Formulations Private Limited

Arovea Formulations Private Limited, a active private limited company, was established on 17 June 2021 in Ahmedabad, Gujarat, India. Engaging in drug formulation & development within the trade sector, it holds CIN: U24299GJ2021PTC123370. Registered under ROC Roc Ahmedabad. it is unlisted. It has an authorized capital of ₹0.10 M and a paid-up capital of ₹0.10 M.

Employing 17 professional, Its leadership includes Ronakkumar Pravinbhai Patel (Director), Pravinbhai Harjivandas Patel (Director). It holds ₹22.05 Cr open charges and no settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at 501 Eminence-14, Opp. Thaltej Fire Station, Zydus Hospital Road, Thaltej,, Ahmedabad, Gujarat, 380059.

Company Details

  • CIN/LLPIN

    U24299GJ2021PTC123370

  • Registration Number

    123370

  • Incorporation Date

    17 June 2021

  • Authorized Capital

    ₹0.10 M

  • Paid-Up Capital

    ₹0.10 M

  • ROC Code

    Roc Ahmedabad

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Indicators

  • Authorised Capital ₹ 0.10 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 4 Year, 5 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 22.05 Cr
  • Revenue Growth 380.81%
  • Profit Growth 92.70%
  • Ebitda -772.18%
  • Net Worth -8.51%
  • Total Assets 444.12%
Company report

Arovea Formulations Private Limited

Company Report FY 2025-2026

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Who are the key members and board of directors at Arovea Formulations Private Limited?

Current Directors

NameDesignationAppointment DateStatus
Ronakkumar Pravinbhai PatelDirector17 Jun 2021Current
Pravinbhai Harjivandas PatelDirector17 Jun 2021Current

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Financial Performance of Arovea Formulations.

Arovea Formulations Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 380.81% increase. The company also saw a substantial improvement in profitability, with a 92.7% increase in profit. The company's net worth dipped by a decrease of 8.51%.

Arovea Formulations revenue growth over time
Arovea Formulations profit and loss trends over time
  • 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
380.81%
Revenue from Operations
380.51%
Total Assets
444.12%
Profit or Loss
92.70%
Net Worth
-8.51%
EBITDA
-772.18%

What is the Ownership and Shareholding Structure of Arovea Formulations?

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Shareholding Indicator graph

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Charges (Loans)

Open Charges

₹220,500,000.00

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 22.05 Cr

Latest Charge Details

DateLenderAmountStatus
29 Apr 2022Hdfc Bank Limited₹6.00 CrOpen
16 Feb 2022Hdfc Bank Limited₹16.05 CrOpen

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How Many Employees Work at Arovea Formulations?

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Employee growth trends for Arovea Formulations Private Limited

Deals i

Graph showing company valuation over time

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Rating

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Alerts

Alert Indicator

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Latest Updates, News, and FAQs on Arovea Formulations

Recent Activity within the Organization

  • Annual General Meeting

    Arovea Formulations Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was recorded as a recent event.

  • Charges

    The activity A charge with Hdfc Bank Limited of Rs. 60.00 M registered on 29 Apr 2022 with Charge ID 100579722 was modified on 01 Apr 2024. was completed.

  • Balance Sheet

    Progress on Arovea Formulations Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad. was documented.

  • Charges

    The activity A charge with Hdfc Bank Limited amounted to Rs. 60.00 M with Charge ID 100579722 was registered on 29 Apr 2022. was completed.

  • Charges

    A charge with Hdfc Bank Limited of Rs. 160.50 M registered on 16 Feb 2022 with Charge ID 100546921 was modified on 29 Apr 2022. was recorded as a recent event.

  • Charges

    The activity A charge with Hdfc Bank Limited amounted to Rs. 160.50 M with Charge ID 100546921 was registered on 16 Feb 2022. was completed.

Frequently Asked Questions

  • What is the CIN of Arovea Formulations Private Limited?

    The CIN of Arovea Formulations Private Limited is U24299GJ2021PTC123370.

  • Where is Arovea Formulations Private Limited headquartered?

    Arovea Formulations Private Limited is headquartered at 501 Eminence-14, Opp. Thaltej Fire Station, Zydus Hospital Road, Thaltej,, Ahmedabad, Gujarat, 380059.

  • When was Arovea Formulations Private Limited incorporated?

    Arovea Formulations Private Limited was incorporated on 17 June 2021.

  • Who are the current directors of Arovea Formulations Private Limited?

    The current directors of Arovea Formulations Private Limited are

  • What is the primary industry of Arovea Formulations Private Limited?

    The primary industry of Arovea Formulations Private Limited is Trade.

  • Is Arovea Formulations Private Limited a listed company?

    Arovea Formulations Private Limited is unlisted.

  • What is the capital structure of Arovea Formulations Private Limited?

    The authorized capital of Arovea Formulations Private Limited is ₹0.10 M, and the paid-up capital is ₹0.10 M.

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