About Arovent Technologies Private Limited
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Arovent Technologies Private Limited is a private limited company based in Delhi, India, recognised as a startup by DPIIT. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 21 February 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U74999DL2018PTC329720. Its GSTIN is 07AAQCA5404K1ZH (Delhi).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Nain Pal and Alka.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at C – 923 Sec – 7 Dwarka, Delhi, India – 110077.
As per the financials filed for FY 2022, the company reported a revenue of ₹45,020, a decline of 94% compared to the previous year. For the same year it recorded a net loss of ₹7,292 (net margin -16.2%) and EBITDA of -₹7,292 (EBITDA margin -16.2%). Revenue has declined at a compounded annual rate (CAGR) of 73% over three years.
The company is associated with 1 brand: Aro GPS.
For more details, the company can be reached via its website arovent.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressC – 923 Sec – 7 Dwarka, Delhi, India – 110077
- IndustryInformation Technology, IT Consulting & Support Services
- 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
- One PDF report, delivered after checkout
Associated Brands with Arovent Technologies Private Limited
Arovent Technologies operates one associated brand: Aro GPS. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers integrated solutions for fleet management and vehicle telematics. | aroventgps.com |
Competitors & Alternatives of Arovent Technologies Private Limited
Brands and companies operating in the same space as Arovent Technologies Private Limited include EquipmentShare, Mapon, Quartix and 7 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
 EquipmentShare | Equipment rental marketplace and digital tools for construction are offered. | Columbia, United States | 2014 |
 Mapon | Vehicle tracking and fleet management solutions are provided. | Riga, Latvia | 2006 |
 Quartix | GPS vehicle tracking and fleet management solutions are provided. | Chicago, United States | 2001 |
 Spireon | SaaS-enabled solutions for fleet and field service management are offered. | Knoxville, United States | 2003 |
 CalAmp | Machine-to-machine communication solutions are delivered for IoT and asset tracking. | Irvine, United States | 1981 |
 Fleet Complete | Fleet, asset, and mobile workforce management solutions are provided. | Toronto, Canada | 1998 |
 SkyBitz | Remote asset tracking and management solutions are provided globally. | Sterling, United States | 1995 |
 GPSTrackit | Software solutions for fleet tracking and management are provided. | Temecula, United States | 1999 |
 Qapla' | Online purchase deliveries are tracked through the Qapla' app. | San Casciano In Val Di Pesa, Italy | 2014 |
 Blue Sky Network | Provider of GSM and iridium-based fleet management and satellite tracking solutions | United Kingdom | 2001 |
Business Activity of Arovent Technologies Private Limited
The main business activity of Arovent Technologies is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Auditor Details of Arovent Technologies Private Limited
Arovent Technologies Private Limited is audited by CA HEMANT GUPTA for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| CA HEMANT GUPTA | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Arovent Technologies Private Limited
Arovent Technologies has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Financials of Arovent Technologies Private Limited FY 2022 filings available
Arovent Technologies Private Limited reported revenue of ₹45,020 (down 94% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR) of Arovent Technologies Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 73% over three years, including a 94% fall in the latest year. EBITDA fell 174% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary of Arovent Technologies Private Limited
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹45,020 | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | -₹7,292 | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹7,292 | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
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| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Arovent Technologies Private Limited
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -16.2% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -16.2% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Arovent Technologies are in the company report.
Financial statements from FY 2018
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
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- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Arovent Technologies Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
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- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Arovent Technologies Private Limited
Arovent Technologies Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Arovent Technologies Private Limited
Employment history and EPFO contributions of people linked to Arovent Technologies.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
GST Compliance of Arovent Technologies Private Limited
Arovent Technologies has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AAQCA5404K1ZH | Delhi | Active | 01 Apr 2018 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
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Credit Ratings, Litigation & Regulatory Alerts for Arovent Technologies Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
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- Director-linked violations
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MSME Payment Delays by Arovent Technologies Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
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Subsidiaries & Group Companies of Arovent Technologies Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
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- Entity investments
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MCA Filings & Documents of Arovent Technologies Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
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- Complete filing index
Verified entity values are shown only after access is granted.
Recent Activity on Arovent Technologies Private Limited
Frequently Asked Questions about Arovent Technologies Private Limited
Arovent Technologies is an active private limited company based in Delhi, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 21 February 2018 (8+ years old) and is registered under CIN U74999DL2018PTC329720.
Arovent Technologies reported revenue of ₹45,020 for FY 2022 (down 94% YoY).
Arovent Technologies reported a net loss of ₹7,292 (net margin -16.2%) and EBITDA of -₹7,292 (EBITDA margin -16.2%) for FY 2022, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Arovent Technologies is -73% over three years. In the latest year (FY 2022) revenue fell 94%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Arovent Technologies is 07AAQCA5404K1ZH, registered in Delhi.
The CIN (Corporate Identification Number) of Arovent Technologies is U74999DL2018PTC329720. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Arovent Technologies was incorporated on 21 February 2018, making it 8+ years old. It is registered with the Registrar of Companies, Delhi.
Yes, Arovent Technologies is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).