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Arion Tech Sol Private Limited - consumer electronics & durables in Ahmedabad, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2022
₹7.32 Lakh
▲ 888% YoY
Net loss · FY 2022
₹5.56 Lakh
Net margin -76%
EBITDA · FY 2022
-₹4.81 Lakh
EBITDA margin -65.8%
Authorised capital
₹10.08 Lakh
Registered with MCA
Paid-up capital
₹1.05 Lakh
Issued & subscribed
Company age
10 yrs
Est. 2016
Directors on board
3
As per MCA filings
Active GSTINs
1
GST registered
About Arion Tech Sol Private Limited
Data last updated:
Arion Tech Sol Private Limited is a private limited company based in Ahmedabad, Gujarat, India, recognised as a startup by DPIIT. It operates in the electronics manufacturing segment of the consumer electronics and durables sector. It was incorporated on 08 December 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U31900GJ2016PTC094631. Its GSTIN is 24AAPCA0001R1ZP (Gujarat).
The company has an authorised share capital of ₹10.08 Lakh and a paid-up capital of ₹1.05 Lakh. It is led by directors including Shital Deven Chheda and Vijay Subhash Purohit.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at Ahmedabad, Gujarat.
As per the financials filed for FY 2022, the company reported a revenue of ₹7.32 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹5.56 Lakh (net margin -76%) and EBITDA of -₹4.81 Lakh (EBITDA margin -65.8%). Revenue has declined at a compounded annual rate (CAGR) of 28% over three years.
The company is associated with 1 brand: Arion Tech-Sol.
Arion Tech Sol Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0044795). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ariontechsol.com.
Company Details of Arion Tech Sol Private Limited
CIN U31900GJ2016PTC094631
Registration Number 094631
Incorporation Date 08 December 2016
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2023
Date of Balance Sheet 31 March 2023
Compliance Status Active Compliant
DPIIT Recognition Recognised Startup
MSME Classification Micro
Udyam Registration UDYAM-GJ-01-0044795
Key People
Shital Deven Chheda Director Vijay Subhash Purohit Director Devankumar Meghji Chheda Director Recognitions & Rankings of Arion Tech Sol
MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-GJ-01-0044795
Contact Details
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressA – 415 & A – 416 Dev Atelier Anandnagar Char Rasta Prahladnagar Road, Satellite, Ahmedabad, Gujarat, India – 380015
- IndustryConsumer Electronics & Durables, Electronics Manufacturing
Comprehensive company report
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Associated Brands with Arion Tech Sol Private Limited
Arion Tech Sol operates one associated brand: Arion Tech-Sol. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| IoT-based wireless solutions for smart water management are provided. | ariontechsol.com |
Financials of Arion Tech Sol Private Limited FY 2023 filings available
Arion Tech Sol Private Limited reported revenue of ₹7.32 Lakh (up 888% YoY) for FY 2022.
Revenue · FY 2022
₹7.32 Lakh ▲ 888%
Net loss · FY 2022
₹5.56 Lakh margin -76%
EBITDA · FY 2022
-₹4.81 Lakh margin -65.8%
Compounded Annual Growth Rate (CAGR) of Arion Tech Sol Private Limited
Revenue CAGR growth
1 year
▲ 888%
3 years · compounded
▼ 28%
Revenue rose 888% in the latest year, though over three years it has declined at a compounded annual rate (CAGR) of 28%. 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 Arion Tech Sol 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 | ₹7.32 Lakh | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | -₹4.81 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹5.56 Lakh | •••• | •••• | •••• | •••• |
| 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 of Arion Tech Sol Private Limited
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -65.8% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -76% | •••• | •••• | •••• | •••• |
| 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 Arion Tech Sol are in the company report.
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Financial statements from FY 2017
Earlier years and trend charts are in the company report.
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Board of Directors of Arion Tech Sol Private Limited
Arion Tech Sol has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shital Deven Chheda | Director | 11 Jan 2020 | 6 Years 9 Months | Current |
| Vijay Subhash Purohit Also directs: MLV Tradecorp LLP, Shree Sai Baba Tradecom LLP, Vinayak Engimech Private Limited and 1 more | Director | 22 Mar 2021 | 5 Years 6 Months | Current |
| Devankumar Meghji Chheda | Director | 08 Dec 2016 | 9 Years 10 Months | Current |
Auditor Details of Arion Tech Sol Private Limited
Arion Tech Sol Private Limited is audited by PIYUSH J. SHAH & CO. for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| PIYUSH J. SHAH & CO. | Locked | Locked | Locked |
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Ownership and Shareholding of Arion Tech Sol Private Limited
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Charges & Borrowings of Arion Tech Sol Private Limited
Arion Tech Sol Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Arion Tech Sol Private Limited
Employment history and EPFO contributions of people linked to Arion Tech Sol.
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Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
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Recent Activity on Arion Tech Sol Private Limited
Arion Tech Sol Private Limited has 7 board changes on record since 2016: 3 appointments and 4 cessations. The latest: Vijay Subhash Purohit ceased to be Additional Director on 16 Apr 2021.
AGM
Arion Tech Sol Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
Filing
Arion Tech Sol Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ahmedabad.
Ceased
Vijay Subhash Purohit ceased to be Additional Director.
Appointed
Vijay Subhash Purohit was appointed as Director.
Ceased
Piyush Pravinbhai Dwivedi ceased to be Director.
Ceased
Shital Deven Chheda ceased to be Additional Director.
Appointed
Shital Deven Chheda was appointed as Director.
Ceased
Vinesh Natverlal Patel ceased to be Director.
Appointed
Devankumar Meghji Chheda was appointed as Director.
Incorporation
08 Dec 2016
Arion Tech Sol Private Limited was registered on 08 Dec 2016 with Roc Ahmedabad & aged 9 years 10 months as per MCA records.
Credit Ratings, Litigation & Regulatory Alerts for Arion Tech Sol Private Limited
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MSME Payment Delays by Arion Tech Sol Private Limited
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Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
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Subsidiaries & Group Companies of Arion Tech Sol Private Limited
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Corporate group structure
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GST Compliance of Arion Tech Sol Private Limited
Arion Tech Sol has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAPCA0001R1ZP | Gujarat | Active | 01 Jul 2017 |
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MCA Filings & Documents of Arion Tech Sol Private Limited
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Frequently Asked Questions about Arion Tech Sol Private Limited
Arion Tech Sol is an active private limited company based in Ahmedabad, Gujarat, India. The company works in electronics manufacturing, within the consumer electronics and durables industry. It was incorporated on 08 December 2016 (10+ years old) and is registered under CIN U31900GJ2016PTC094631.
Arion Tech Sol reported revenue of ₹7.32 Lakh for FY 2022 (up 888% YoY).
Arion Tech Sol has 3 current directors:
- Shital Deven Chheda - Director
- Vijay Subhash Purohit - Director
- Devankumar Meghji Chheda - Director
Arion Tech Sol reported a net loss of ₹5.56 Lakh (net margin -76%) and EBITDA of -₹4.81 Lakh (EBITDA margin -65.8%) for FY 2022, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Arion Tech Sol is -28% over three years. In the latest year (FY 2022) revenue rose 888%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Arion Tech Sol is 24AAPCA0001R1ZP, registered in Gujarat.
The CIN (Corporate Identification Number) of Arion Tech Sol is U31900GJ2016PTC094631. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Arion Tech Sol was incorporated on 08 December 2016, making it 10+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Vijay Subhash Purohit ceased to be Additional Director on 16 Apr 2021. Vijay Subhash Purohit was appointed as Director on 22 Mar 2021. Piyush Pravinbhai Dwivedi ceased to be Director on 16 Jan 2020. Arion Tech Sol has 7 board changes on record in total.
Yes, Arion Tech Sol is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).