Commercial Credit Report for Aarvee Denims and Exports Ltd

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	Aarvee Denims and Exports Ltd
188/2
Ranipur Village, Opp CNI Church, Narol
Phone: +91 7930417000p:+91 7930417000	AHMEDABAD, 382405 India	Ticker: AARVEEDENAARVEEDEN

Business Summary

Aarvee Denims and Exports Limited is an India-based company, which is engaged in the textile industry. The company is engaged in the manufacturing and selling of denim and non-denim fabrics. The company caters to both domestic and international markets. The company has two segments: Textile and Windmill. The Company has its integrated production of yarn, which includes a capacity of approximately 39,000 metric tons/annum; denim fabric, which has over 85 million meters/annum; non-denim bottom wear fabric, which has approximately 18 million meters/annum. The Company has three divisions: Cotton Fiber, Yarn and Fabrics. It manufactures mainly DENIM, hence the basic raw material required is coarser cotton. It also imports cotton from the United States, Brazil, Argentina and Pakistan. The Company’s wholly owned subsidiary is Aye Ess Spinning Mills Private Limited.

Scores and Ratings

FRISK^® Score	Z'' Score	PAYCE^® Score	DBT Index	Moody's Rating	Fitch Rating	DBRS Rating
Yes	Yes	-	-	-	-	-

Financials, News and Filings

Latest Statement	Last Audit	News	SEC Filings	Bankruptcy Filings	Suit & Judgment Filings	Tax Lien Filings
12/31/2023	3/31/2023	Yes	-	-	-	-

Industries

SIC Code	Description
2211	Broadwoven fabric mills, cotton
2241	Narrow fabric and other smallwares mills: cotton, wool, silk
2269	Finishers of textiles, not elsewhere classified
2329	Men's and boys' clothing, not elsewhere classified
4911	Electric services

Officers and Directors

Title	Name	Age	Title Date	Start Date
Executive Chairman of the Board, Managing Director	Vinodbhai P.Arora	58	10/1/2000	10/1/2000
Chief Financial Officer	Ketan U.Desai		1/7/2020	1/7/2020
Chief Compliance Officer, Company Secretary	AbiraMansuri		7/8/2023	7/8/2023
9 additional Officers and Directors records available in full report.

Business Names

Business Name
514274
Aarvee Denims & Exports Ltd.
AARVEEDEN

General Information

Number of Employees:	581	(As of 3/31/2004)
Outstanding Shares:	23,459,800	(As of 9/30/2023)
Shareholders:	10,250
Stock Exchange:	NSE
Fax Number:	+91 7930417070

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