Aavantika Gas Limited

Joint venture company providing natural gas distribution for domestic, industrial, commercial, and automotive sectors in Madhya Pradesh.

2006 | Indore, Madhya Pradesh (India) | Active
Last Updated: January 08, 2025

Aavantika Gas Profile

Key Indicators

  • Authorised Capital ₹ 100.00 Cr
  • Paid Up Capital ₹ 59.12 Cr
  • Company Age 18 Year, 7 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 260.00 Cr
  • Satisfied Charges ₹ 376.00 Cr

About Aavantika Gas

Aavantika Gas Limited (AGL) is a leading Public Limited Indian Non-Government Company incorporated in India on 07 June 2006 and has a history of 18 years and seven months. Its registered office is in Indore, Madhya Pradesh, India.

The Company is engaged in the Energy And Power Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 100.00 Cr and a paid-up capital of Rs 59.12 Cr.

The company currently has active open charges totaling ₹260.00 Cr. The company has closed loans amounting to ₹376.00 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Aavantika Gas Limited India are Rajesh Jain as CFO and Rashi Joshi as Company Secretary. Prasoon Kumar, Pankaj Bhagat, Anjana Sanjeeva, and Three other members serve as directors at the Company.

Company Details

  • Location

    Indore, Madhya Pradesh, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
  • Apps

Corporate Identity Details

  • CIN/LLPIN

    U40107MP2006PLC018684

  • Company No.

    018684

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    07 Jun 2006

  • Date of AGM

    19 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Gwalior

Industry

Energy and Power

What products or services does Aavantika Gas Limited offer?

Aavantika Gas Limited offers a wide range of products and services, including Fire Fighting & Prevention Products, Fire Safety Service.

Who are the key members and board of directors at Aavantika Gas?

Executive Team (2)

Name Designation Appointment Date Status
Rajesh Jain Country flag representing In CFO 10-Jul-2023 Current
Rashi Joshi Country flag representing In Company Secretary 03-Aug-2015 Current

Board Members (5)

Name Designation Appointment Date Status
Prasoon Kumar Country flag representing In Additional Director 19-Sep-2024 Current
Pankaj Bhagat Country flag representing In Director 19-Jan-2024 Current
Anjana Sanjeeva Country flag representing In Director 04-May-2023 Current
Sreenivasa Kota Country flag representing In Director 01-Oct-2023 Current
Indrajit Dasgupta Additional Director 30-Sep-2024 Current

Financial Performance of Aavantika Gas.

Aavantika Gas Limited, for the financial year ended 2022, experienced no change in revenue, with a 0% increase. The company also saw a no change in profitability, with a 0% increase in profit. The company's net worth witnessed no change by increase of 0%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
Revenue from Operations
Total Assets
Profit or Loss
Net Worth
EBITDA

What is the Ownership and Shareholding Structure of Aavantika Gas?

In 2022, Aavantika Gas had a promoter holding of 99.99% and a public holding of 0.01%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹260.00 Cr

Satisfied Charges

₹376.00 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 260.00 Cr

Latest Charge Details

Date Lender Amount Status
27 Dec 2017 Hdfc Bank Limited ₹260.00 Cr Open
07 Aug 2019 Others ₹125.00 Cr Satisfied
25 Mar 2010 Others ₹251.00 Cr Satisfied

How Many Employees Work at Aavantika Gas?

Aavantika Gas has a workforce of 143 employees as of Apr 06, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Aavantika Gas, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Aavantika Gas's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Aavantika Gas

Recent activity within the organization

  • Director Appointment

    Indrajit Dasgupta was appointed as a Additional Director was appointed as a Additional Director on 30 Sep 2024 & has been associated with this company since 4 months 3 days .

    30 Sep 2024

  • Annual General Meeting

    Aavantika Gas Limited last Annual general meeting of members was held on 19 Sep 2024 as per latest MCA records.

    19 Sep 2024

  • Director Appointment

    Prasoon Kumar was appointed as a Additional Director was appointed as a Additional Director on 19 Sep 2024 & has been associated with this company since 4 months 14 days .

    19 Sep 2024

  • Balance Sheet

    Aavantika Gas Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Gwalior.

    31 Mar 2024

  • Director Appointment

    Pankaj Bhagat was appointed as a Director was appointed as a Director on 19 Jan 2024 & has been associated with this company since 1 year 13 days .

    19 Jan 2024

  • Director Appointment

    Sreenivasa Rao Kota was appointed as a Director was appointed as a Director on 01 Oct 2023 & has been associated with this company since 1 year 4 months .

    01 Oct 2023

Recent News, Updates & Announcement

Frequently asked questions

  • Aavantika Gas Limited was incorporated on 07 Jun 2006.

  • The authorized share capital of Aavantika Gas Limited is ₹ 100.00 Cr and paid-up capital is ₹ 59.12 Cr.

  • Currently 8 directors are associated with Aavantika Gas Limited.

    • Prasoon Kumar
    • Pankaj Bhagat
    • Anjana Sanjeeva
    • Sreenivasa Rao Kota
    • Indrajit Dasgupta
    • Rajesh Jain
    • Rashi Joshi
    • Rajesh Jain
  • As per Ministry of Corporate Affairs (Mca), the registered address of Aavantika Gas Limited is 202-B 2Nd Floor Nrk Business Park Vijay Nagar Square, A.B. Road India, Indore, Madhya Pradesh, 452010.

  • The corporate identification number (CIN) of Aavantika Gas Limited is U40107MP2006PLC018684 and the company number is 018684 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Aavantika Gas Limited is https://www.aglonline.net

  • As Per 2022 financial reports, 143 employees are currently employed by Aavantika Gas Limited.

  • As per the financial statements for fiscal Year 2022, The total open charges for Aavantika Gas Limited amount to ₹ 260.00 Cr.

  • The most recent Balance Sheet for Aavantika Gas Limited was filed with the ROC on 31 Mar 2024.

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