About Ariisto
Ariisto was a Real Estate & Construction company based in Andheri (India) founded in 1978. It offers comprehensive services for residential and commercial real estate development. It operates on a B2B model. Ariisto has raised $12.12 million across 2 funding rounds from investors including Indiareit Fund Advisors. The company has 79 employees. The company is recorded as dissolved. Its focus areas include Real Estate, Property Development, Real Estate Services and Residential and Commercial. Its competitors include Godrej Properties and DLF India.
Company details
Ariisto offers comprehensive services for residential and commercial real estate development, focusing on involved in property dealings, property development, real estate services, and residential and commercial. It serves clients with dedicated solutions, emphasizing quality, innovation, and sustainable growth in its core markets.
- Headquarters Andheri, India
- Employees 79
- SectorsReal Estate & Construction
- Website ariisto.com
- Social X Facebook
- Annual Revenue$10.44 K (USD)as on Mar 31, 2021
- Total Equity Funding$12.12M (USD)
in 2 rounds
- Latest Funding Round$12.12M (USD), Private Equity Round
Jan 2014
- Investors
- Employee Count79
Associated legal entities of Ariisto
Ariisto is associated with 2 registered companies on The Company Check. Each company page carries the filings, financials, charges and directors of that entity.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Ariisto Shelters Private Limited CIN U45400MH2008PTC186665 | Active | 11 Sep 2008 | Mumbai, Maharashtra | ₹0.0 Cr | 2 | View details | |
| Ariisto Realtors Development Private Limited CIN U45202MH2002PTC135915 | Active | 17 May 2002 | Mumbai, Maharashtra | ₹20.0 Cr | 3 | View details |
Funding Insights of Ariisto
Ariisto has successfully raised a total of $12.12M across 2 strategic funding rounds. The most recent funding activity was a Private Equity Round of $12.12 million completed in January 2014. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $12.12M
- Total Rounds 2
- Last Round Private Equity Round — $12.12M
- First Round $42M
(Jul 2013)
- Investors Count 1
All 2 funding rounds of Ariisto with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan 2014 | $12.12M | Private Equity Round | – | – | – |
| Jul 2013 | $42M | Debt – Conventional | – | – |
1 investors in total: 1 institutional.
Investors in Ariisto
Ariisto has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Indiareit Fund Advisors.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Functions as an equity REIT specializing in investments in residential properties. | 2006 | indiareit.com | Mumbai, India |
Investor details for Ariisto
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Board of directors of Ariisto
The boards of the 2 registered companies of Ariisto currently have 4 directors; the longest-serving is Atithi Narendra Patel, appointed in 2002. 10 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Atithi Narendra Patel DIN 00535926 | Director | 17 May 2002 | 24 yrs 5 mo | Ariisto Realtors Development Private Limited |
| Hiren Narendra Patel DIN 00535846 | Director | 27 May 2002 | 24 yrs 5 mo | Ariisto Realtors Development Private Limited |
| Ashok Kashinath Jadhav DIN 09353247 | Director | 14 Feb 2022 | 4 yrs 8 mo | Ariisto Shelters Private Limited |
| Yogesh Pravinchandra Thakkar DIN 06982317 | Director | 14 Feb 2022 | 4 yrs 8 mo | Ariisto Shelters Private Limited, Ariisto Realtors Development Private Limited |
Financials of Ariisto
Figures of Ariisto Shelters Private Limited, the primary company behind Ariisto, for FY 2024. Revenue was ₹1.4 Lakh (+149% year on year). Net profit was ₹1.4 Lakh (100% margin). EBITDA was ₹2.29 Cr (16718% margin). Revenue has grown at a compounded annual rate of -54% over three years.
- ₹1.4 LakhRevenue · FY 2024 · +149% YoY
- ₹1.4 LakhNet profit · 100% margin
- ₹2.29 CrEBITDA · 16718% margin
- ₹3 LakhPaid-up capital
- -54%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Ariisto Shelters Private Limited are on its company page.
Detailed financial statements for Ariisto
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Timeline of Ariisto
3 dated milestones of Ariisto across 36 years, from founding to its latest funding, stage changes and deals.
- Founded Ariisto is founded.
- Funding First funding round of $42.0M.
- Funding Latest funding round, Private Equity Round, of $12.1M.
Competitors of Ariisto
Ariisto has 2 listed competitors in our database. They include Godrej Properties and DLF India.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| godrejproperties.com | 1990 | Mumbai, India | 408 | Residential and commercial properties are developed by Godrej Properties. | ||
| dlf.in | 1947 | Gurugram, India | 132 | Provider of property and real estate development services |
Detailed competitors of Ariisto
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Top companies in Real Estate Developers & Builders
3 companies that operate in the same segment as Ariisto (Real Estate Developers & Builders) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Developer of luxury residential properties | 1992 | Mumbai, Maharashtra, India | USD 158.42 M | USD 55.39 M | 1,046 | |
Residential and commercial properties are developed by Godrej Properties. | 1990 | Mumbai, Maharashtra, India | USD 546.88 M | 6,030 | ||
Premium residential building development services are provided. | 1980 | Mumbai, Maharashtra, India | USD 152.4 M | USD 658.36 M | 1,480 |
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Related news about Ariisto
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Frequently Asked Questions about Ariisto
Ariisto was founded in 1978 and raised its 1st funding round 35 years after it was founded.
Ariisto is headquartered in Andheri, India. It is registered at Andheri, Maharashtra, India.
Ariisto is a funded company, having raised a total of $12.12M across 2 funding rounds to date. The company's 1st funding round was a Debt – Conventional of $42M, raised on Jul 2013.
Ariisto has 79 employees.
Annual revenue of Ariisto is $10.44K as on Mar 31, 2021.
Ariisto offers comprehensive services for residential and commercial real estate development, focusing on involved in property dealings, property development, real estate services, and residential and commercial. It serves clients with dedicated solutions, emphasizing quality, innovation, and sustainable growth in its core markets.
Ariisto's top competitors include Godrej Properties and DLF India.
Ariisto has 1 investor. Key investors include Indiareit Fund Advisors.
Ariisto is associated with 2 legal entities: Ariisto Shelters Private Limited, Ariisto Realtors Development Private Limited.
The legal entities of Ariisto currently have 4 directors, including Ashok Kashinath Jadhav, Yogesh Pravinchandra Thakkar, Atithi Narendra Patel and others.