Arete Services Private Limited - Company overview

Arete is an active private limited company registered with ROC Ahmedabad on 12 April 1990, more than 36 years ago.

1990-04-12 Vapi, Gujarat Active Unlisted Active Compliant
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Key Metrics Public MCA facts are exact. Revenue, profit, assets, and employee figures may show as ranges until unlocked.

REVENUE
₹100–500 Cr
▼ -15.1%
FY 2025
PROFIT / LOSS
₹100–500 Cr
▼ -29.2%
FY 2025
EBITDA
₹100–500 Cr
▼ -21.7%
FY 2025
NET WORTH
₹1000+ Cr
▲ 20.3%
FY 2025
TOTAL ASSETS
₹1000+ Cr
▼ -0.4%
FY 2025
EMPLOYEE COUNT
331–340
OPEN CHARGES
10
-
PAID-UP CAPITAL
99.00 Lakh
AUTHORISED CAPITAL
1.01 cr
COMPANY AGE
36 Years 6 Months
since 1990-04-12
LAST FILING WITH ROC
2024-03-31
Last AGM: 2024-09-30
ACTIVE GST
4
Updated: 2025-09-09 13:25:39
SATISFIED CHARGES
25
37.95 cr

Company Health Scores Scores from 0–100 based on filings, compliance signals, financials, and board history on this profile.

Health scores for Arete covering vendor trust, statutory compliance, financial health and director risk - derived from MCA filings, GST and EPFO records, financial statements and the company's board history.

Vendor Trust Score Low risk
78/100
Overall counterparty comfort for vendors and customers.
  • Blend of compliance (55), financial health (85), director (95) and company-foundation signals.
  • Operating for 36+ years.
Compliance Score Moderate
55/100
Statutory filings, status and regulatory flags.
  • Company status is Active as per MCA.
  • Last balance sheet filed for Mar 2024 - filings look overdue.
Financial Health Score Low risk
85/100
Profitability, leverage and liquidity from filed statements.
  • Profitable in FY 2025.
  • Positive net worth.
Director Risk Score Low risk
95/100
Board strength, DIN status and churn.
  • 5 directors on the board.
  • No disqualified or deactivated DINs on the current board.
Scores are derived from MCA filings, financial statements and public records on this page. Higher is safer. They are indicative, not a credit rating.
360° Intelligence Report: trust score, financial health, credit risk, growth & distress signals - auto-generated from filings. View report →

About Arete Company identity, industry, contact, and registration details from MCA and company records.

Arete is an active private limited company registered with ROC Ahmedabad on 12 April 1990, more than 36 years ago. Its registered office is at Comm. Plot No. C7/67/P, N. H. No 8, Near Koparli Road G.I.D.C., Vapi, Gujarat. It was earlier known as Highway Services Private Limited.

Its filings describe the main line of business as rental and leasing of motor vehicles, machinery, equipment, capital goods, etc. activities, which made up 34.42% of turnover.

It has five directors: Jikar Allarakha Saiyed, Mrugesh Dhimantrai Oza, Maulesh Jayendrabhai Shah and 2 others. The longest-serving is Jikar Allarakha Saiyed, on the board since 1990; the most recent to join is Chirag Rana, appointed in April 2025. Two former directors are on record; the most recent to leave was Altaf Jikar Saiyed in May 2020. Between them, the directors also sit on the boards of 23 other companies, including Arete Trading Private Limited and Delux Industries Private Limited.

Paid-up capital stands at ₹99 lakh out of ₹1.01 crore authorised. The last AGM on record was on 30 September 2024, for accounts made up to 31 March 2024. Nothing newer than 2024 shows up here, so it is worth checking the MCA portal for later filings. Ten charges (secured loans) are still open, with Axis Bank Limited and Hdfc Bank Limited among the lenders, and 25 more have been paid off.

Financial Services •••••••• Travel and Hospitality ••••••••
  • Location Comm. Plot No. C7/67/P, N. H. No 8, Near Koparli Road G.I.D.C.,, Vapi, Gujarat - 396195
  • Website areteservices.in
Name History
Legal NameArete Services Private Limited
CIN / LLPINU60231GJ1990PTC013617
Company No.013617
ClassificationPrivate Limited Indian Non-Government Company
Incorporation Date1990-04-12
Date of AGM2024-09-30
Date of Balance Sheet2024-03-31
Listing StatusUnlisted
ROC CodeRoc Ahmedabad
PAN
LEI Number
Active ComplianceActive Compliant

Current Directors of Arete (5) Current board members from MCA filings, including designation and appointment details.

J
Jikar Allarakha Saiyed
Director | Since 1990-04-12 | DIN: 00277841
M
Mrugesh Dhimantrai Oza
Director | Since 2005-12-26 | DIN: 00423292
M
Maulesh Jayendrabhai Shah
Director | Since 2025-04-22 | DIN: 02727710
S
Siraj Jikar Saiyed
Director | Since 2007-10-24 | DIN: 01097575
C
Chirag Rana
Director | Since 2025-04-22 | DIN: 11058150

Financial Performance of Arete Bands and Low / Medium / High trend shape. Exact figures unlock with your report.

Estimated bands · FY 2025
Revenue ₹100–500 Cr ▼ -15.1%
P&L ₹100–500 Cr ▼ -29.2%
EBITDA ₹100–500 Cr ▼ -21.7%
Net worth ₹1000+ Cr ▲ 20.3%

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Verified entity values are shown only after access is granted.

Charges of Arete Open and satisfied charges registered against the company with MCA.

Axis Bank Limited : 32.46 cr
Hdfc Bank Limited : 71.15 Lakh
Open Charges: 10 Satisfied Charges: 25
Open -
Satisfied 37.95 cr
LenderAmountStatus
Axis Bank Limited
Creation Date: 15 Sep 2025
 8.00 cr Open
Hdfc Bank Limited
Creation Date: 16 Mar 2024
 18.70 Lakh Open
Hdfc Bank Limited
Creation Date: 02 Sep 2023
 45.95 Lakh Open

Business Activity Principal business activity and turnover mix from MCA filings.

Activity GroupDescriptionTurnover %
Support service to OrganizationsRental and leasing of motor vehicles, machinery, equipment, capital goods, etc. activities34.42
Support service to OrganizationsOther support services to organizations5.18
Accommodation and Food ServiceAccommodation services provided by Hotel, Inns, Resorts, holiday homes, hostel, etc.38.95
Accommodation and Food ServiceFood and beverage services provided by hotels, restaurants, caterers, etc.21.18

Companies With Common Directors Of Arete Other companies that share directors with this entity, based on MCA and compliance network data.

Board Overlap From MCA / Compliance Filings

Arete Trading Private Limited 2 Shared Directors
Delux Industries Private Limited 2 Shared Directors
Payal Properties Private Limited 2 Shared Directors
Shiv Shakti Healthcare Llp 2 Shared Directors
Aavkar Industrial Park Private Limited 1 Shared Director
Adharbhut Industrial Park Private Limited 1 Shared Director
Altman Buildcon Private Limited 1 Shared Director
Ambience Industrial Park Private Limited 1 Shared Director
Ample Industrial Park Private Limited 1 Shared Director
Apratim Industrial Park Private Limited 1 Shared Director
Arete Financial Services Private Limited 1 Shared Director
Bharuch Industrial Park Private Limited 1 Shared Director
Casa Mangrovia Llp 1 Shared Director
Chere Vogue Private Limited 1 Shared Director
Galaxy Procon Private Limited 1 Shared Director
Highway Hospitality Private Limited 1 Shared Director
Jambusar Industrial Park Private Limited 1 Shared Director
Kodo Lifescience Private Limited 1 Shared Director
M Graph Industries Private Limited 1 Shared Director
Narmada Industrial Park Private Limited 1 Shared Director
Pip Infra Private Limited 1 Shared Director
Sigma Container Private Limited 1 Shared Director
Vadhika Ventures Llp 1 Shared Director

Financial Ratios of Arete Profitability, leverage, and liquidity ratios from filed statements. Exact values unlock with your report.

12 years of ratios on record

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Net profit margin Debt / Equity Current ratio ROE

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Shareholding Pattern of Arete Ownership and contribution detail from filings. Full breakdown unlocks with your report.

10 shareholder categories on record

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Ownership mix Category breakdown Year-wise pattern Promoter holding

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Employees and EPFO Compliance at Arete EPFO establishments, contributions, and headcount history. Full records unlock with your report.

1 establishment linked

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Monthly headcount PF contributions ECR filing status Establishment history

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GST Compliance of Arete GST registrations and filing status by state. Full compliance detail unlocks with your report.

State-wise registrations, return filing status, HSN and SAC details, and jurisdiction records require an active report plan.

GSTIN registrations State-wise filing status HSN and SAC details Tax jurisdiction records

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Credit Ratings, Litigation & Regulatory Alerts for Arete Ratings, court records, and regulatory alerts. Full risk detail unlocks with your report.

Agency ratings, court records, regulatory events, and entity-specific compliance alerts require an active report plan.

Rating history Court and tribunal cases Regulatory alerts Director-linked violations

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MSME Payment Delays by Arete MSME supplier payment delays and filing history. Full amounts unlock with your report.

Amounts outstanding to micro and small suppliers, delay reasons, and MSME-1 filing history require an active report plan.

Outstanding amounts Delay periods and reasons MSME-1 filing history Vendor payment signals

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Subsidiaries & Group Companies of Arete Parent, subsidiary, and related group entities. Full ownership map unlocks with your report.

6 subsidiaries on record

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Parent company Subsidiaries and ownership Associates and joint ventures Entity investments

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MCA Filings & Documents of Arete Official MCA forms, returns, and filing index. Document access unlocks with your report.

Official forms, annual returns, financial statements, charge filings, and document dates require an active report plan.

Incorporation documents Annual returns and statements Charge filings Complete filing index

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Frequently Asked Questions about Arete Common questions about this company from MCA and profile data. Some answers are limited until unlocked.
Who is the owner of Arete?
MCA does not publish an "owner" field. Arete is run by its directors, Jikar Allarakha Saiyed, Mrugesh Dhimantrai Oza, Maulesh Jayendrabhai Shah and two others. The people who own the shares are listed in its annual return (form MGT-7), which can differ from the directors.
Who are the current board members and directors of Arete?
Arete has five current directors: Jikar Allarakha Saiyed (since April 1990), Mrugesh Dhimantrai Oza (since December 2005), Maulesh Jayendrabhai Shah (since April 2025), Siraj Jikar Saiyed (since October 2007) and Chirag Rana (since April 2025).
What is CIN of Arete?
The CIN of Arete is U60231GJ1990PTC013617. Reading it left to right: U means it is not listed, 60231 is the industry code it registered under, GJ is Gujarat, 1990 is the year it was registered, PTC is the company type and 013617 is its registration number.
When was Arete incorporated?
Arete was incorporated on 12 April 1990 with ROC Ahmedabad. That makes it more than 36 years old.
What is the registered address of Arete?
The registered office on MCA records is Comm. Plot No. C7/67/P, N. H. No 8, Near Koparli Road G.I.D.C., Vapi, Gujarat - 396195.
What is the current status of Arete?
MCA shows Arete as Active, and its last AGM on record was in September 2024.
What is the contact number or email for Arete?
You can post to its registered office at Comm. Plot No. C7/67/P, N. H. No 8, Near Koparli Road G.I.D.C., Vapi, Gujarat - 396195 and use its website, https://areteservices.in.
What industry or business activity is Arete associated with?
Its MCA filings list the main business as rental and leasing of motor vehicles, machinery, equipment, capital goods, etc. activities (34.42% of turnover).
What is paid-up capital and authorised share capital of Arete?
Paid-up capital is ₹99 lakh and authorised capital is ₹1.01 crore, so about 98% of the authorised amount has been issued.
When did Arete last file accounts and hold an AGM?
The last AGM on record was on 30 September 2024, and the latest balance sheet is for the year ending 31 March 2024. Nothing newer than 2024 shows up, so check the MCA portal for later filings.
Where can I see charges and lenders for Arete?
Ten charges against Arete are still open and 25 have been satisfied. Lenders named in the filings include Axis Bank Limited and Hdfc Bank Limited.
Have any directors left Arete?
Yes, two former directors are on record. The most recent to leave were Altaf Jikar Saiyed (May 2020) and Yasmin Jikarbhai Saiyed (October 2007).
Which companies share directors with Arete?
23 companies share directors with Arete. Among them are Arete Trading Private Limited, Delux Industries Private Limited, Payal Properties Private Limited and 20 more.
What is the turnover or revenue of Arete?
Based on filed financial statements, the revenue of Arete for FY 2025 was in the ₹100–500 Cr range. That is down 15.1% on the previous year. Exact year-wise revenue, profit and balance sheet figures are on the Financial tab.
What is the net worth of Arete?
For FY 2025, the net worth of Arete was in the ₹1000+ Cr range.
How can I get the financial details of Arete?
The latest accounts on record are for FY 2025. The Financial tab has year-wise profit and loss, balance sheet and ratios, with exact figures after you sign in.
What is the official website of Arete?
The website on record for Arete is https://areteservices.in.
Which company owns areteservices.in?
areteservices.in is the website listed for Arete Services Private Limited in its company records.
Arete - is it listed or unlisted?
Arete is unlisted, so its shares are not traded on a stock exchange. Its CIN starts with U for the same reason.
What is the ROC code of Arete?
Arete is registered with ROC Ahmedabad.
What is the company classification of Arete?
MCA classifies Arete as: Private Limited Indian Non-Government Company.
Does Arete have subsidiaries?
Yes, 6 subsidiaries are on record for Arete.
Does Arete have GST registrations on file?
Yes, 4 active GST registrations are linked to Arete, usually one per state it operates in.

Disclaimer: Data on this page is compiled from public sources as available in our system at the time of the last update and is for general information only. Scores are derived indicators, not credit ratings or advice - please verify from official sources and consult a professional before making any business or financial decision.