Adjavis Venture Limited

Manufactures and supplies personal care and styling products for both men and women.

2006 | Ahmedabad, Gujarat (India) | Active
Last Updated: July 16, 2024

Adjavis Venture Profile

Key Indicators

  • Authorised Capital ₹ 5.00 Cr
  • Paid Up Capital ₹ 4.00 Cr
  • Company Age 18 Year, 9 Months
  • Last Filing with ROC 31 Mar 2023
  • Revenue Growth 87.13%
  • Profit Growth 19.33%
  • Ebitda 16.71%
  • Net Worth -8.26%
  • Total Assets 65.81%

About Adjavis Venture

Adjavis Venture Limited (AVL) is a leading Public Limited Indian Non-Government Company incorporated in India on 25 May 2006 and has a history of 18 years and nine months. Its registered office is in Ahmedabad, Gujarat, India.

The Corporate was formerly known as Adjavis Venture Private Limited. The Company is engaged in the Chemicals And Materials Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 5.00 Cr and a paid-up capital of Rs 4.00 Cr, as per Ministry of Corporate Affairs (MCA) records.

Devendrabhai Patel, Kalyan Chaudhuri, Shail Patel, and Three other members serve as directors at the Company.

Company Details

  • Location

    Ahmedabad, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    layerr.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U24119GJ2006PLC048310

  • Company No.

    048310

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    25 May 2006

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Chemicals and Materials
FMCG

Who are the key members and board of directors at Adjavis Venture?

Board Members (6)

NameDesignationAppointment DateStatus
Devendrabhai Patel Country flag representing In Director 16-Aug-2008Current
Kalyan Chaudhuri Country flag representing In Whole-Time Director 01-Oct-2008Current
Shail Patel Country flag representing In Director 28-Jan-2013Current
Heeralal Chouhan Country flag representing In Director 01-Oct-2016Current
Sthitapragna Shah Country flag representing In Director 01-Apr-2021Current
Kirti Patel Country flag representing In Director 01-May-2014Current

Financial Performance of Adjavis Venture.

Adjavis Venture Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 87.13% increase. The company also saw a substantial improvement in profitability, with a 19.33% increase in profit. The company's net worth dipped by a decrease of 8.26%.

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
87.13%
Revenue from Operations
86.21%
Total Assets
65.81%
Profit or Loss
19.33%
Net Worth
-8.26%
EBITDA
16.71%

What is the Ownership and Shareholding Structure of Adjavis Venture?

In 2023, Adjavis Venture had a promoter holding of 97.35% and a public holding of 2.65%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Adjavis Venture?

Adjavis Venture has a workforce of 335 employees as of Apr 02, 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 Adjavis Venture, 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 Adjavis Venture'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 Adjavis Venture

Recent activity within the organization

  • Annual General Meeting

    Adjavis Venture Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Adjavis Venture Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ahmedabad.

    31 Mar 2023

  • Director Appointment

    Sthitapragna Kantilal Shah was appointed as a Director was appointed as a Director on 01 Apr 2021 & has been associated with this company since 3 years 10 months .

    01 Apr 2021

  • Director Appointment

    Heeralal Motilal Chouhan was appointed as a Director was appointed as a Director on 01 Oct 2016 & has been associated with this company since 8 years 4 months .

    01 Oct 2016

  • Director Appointment

    Kirti Ramanlal Patel was appointed as a Director was appointed as a Director on 01 May 2014 & has been associated with this company since 10 years 9 months .

    01 May 2014

  • Director Appointment

    Shail Devendrakumar Patel was appointed as a Director was appointed as a Director on 28 Jan 2013 & has been associated with this company since 12 years 24 days .

    28 Jan 2013

Frequently asked questions

  • Adjavis Venture Limited was incorporated on 25 May 2006.

  • The authorized share capital of Adjavis Venture Limited is ₹ 5.00 Cr and paid-up capital is ₹ 4.00 Cr.

  • Currently 6 directors are associated with Adjavis Venture Limited.

    • Devendrabhai Naranbhai Patel
    • Kalyan Kumar Chaudhuri
    • Shail Devendrakumar Patel
    • Heeralal Motilal Chouhan
    • Sthitapragna Kantilal Shah
    • Kirti Ramanlal Patel
  • As per Ministry of Corporate Affairs (Mca), the registered address of Adjavis Venture Limited is Viral House B/H. Armieda Sindhu Bhavan Road Bodakdev, Ahmedabad, Gujarat, India, 380054.

  • The corporate identification number (CIN) of Adjavis Venture Limited is U24119GJ2006PLC048310 and the company number is 048310 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Adjavis Venture Limited is https://www.layerr.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Adjavis Venture Limited has risen by 87.13%.

  • As Per 2023 financial reports, 335 employees are currently employed by Adjavis Venture Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Adjavis Venture Limited has experienced an downturn of -8.26%.

  • The most recent Balance Sheet for Adjavis Venture Limited was filed with the ROC on 31 Mar 2023.

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