Avaco Engineering (India) Private Limited

Engineering goods trading, installation, and commissioning services since 2008 in Pune.

2008 | Pune, Maharashtra (India) | Active
Last Updated: October 23, 2024

Avaco Engineering (India) Profile

Key Indicators

  • Authorised Capital ₹ 5.00 M
  • Paid Up Capital ₹ 2.84 M
  • Company Age 17 Year, 17 Days
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth 3.53%
  • Profit Growth 36.72%
  • Ebitda 27.17%
  • Net Worth -2.41%
  • Total Assets -2.26%

About Avaco Engineering (India)

Avaco Engineering (India) Private Limited (AEIPL) is a Private Limited Indian Non-Government Company incorporated in India on 05 February 2008 and has a history of 17 years. Its registered office is in Pune, Maharashtra, India.

The Company is engaged in the Engineering 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 5.00 M and a paid-up capital of Rs 2.84 M, as per Ministry of Corporate Affairs (MCA) records.

Arun Chikermane, Shabbir Attar, and Chittaranjan Parida serve as directors at the Company.

Company Details

  • Location

    Pune, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    avaco.ca

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U31102PN2008PTC131373

  • Company No.

    131373

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    05 Feb 2008

  • Date of AGM

    20 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Pune

Industry

Engineering

What products or services does Avaco Engineering (India) Private Limited offer?

Avaco Engineering (India) Private Limited offers a wide range of products and services, including Business Consultant, Product Development Consultants, Corporate Training, Commissioning Services.

Who are the key members and board of directors at Avaco Engineering (India)?

Board Members (3)

NameDesignationAppointment DateStatus
Arun Chikermane Country flag representing In Director 05-Feb-2008Current
Shabbir Attar Country flag representing In Director 12-Jun-2019Current
Chittaranjan Parida Director 20-Sep-2024Current

Financial Performance of Avaco Engineering (India).

Avaco Engineering (India) Private Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 3.53% increase. The company also saw a substantial improvement in profitability, with a 36.72% increase in profit. The company's net worth dipped by a decrease of 2.41%.

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
3.53%
Revenue from Operations
5.09%
Total Assets
-2.26%
Profit or Loss
36.72%
Net Worth
-2.41%
EBITDA
27.17%

What is the Ownership and Shareholding Structure of Avaco Engineering (India)?

In 2023, Avaco Engineering (India) had a promoter holding of 50.00% and a public holding of 50.00%. 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 Avaco Engineering (India)?

Unlock and access historical data on people associated with Avaco Engineering (India), such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Avaco Engineering (India), 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 Avaco Engineering (India)'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 Avaco Engineering (India)

Recent activity within the organization

  • Annual General Meeting

    Avaco Engineering (India) Private Limited last Annual general meeting of members was held on 20 Sep 2024 as per latest MCA records.

    20 Sep 2024

  • Director Appointment

    Chittaranjan Parida was appointed as a Director was appointed as a Director on 20 Sep 2024 & has been associated with this company since 5 months 3 days .

    20 Sep 2024

  • Balance Sheet

    Avaco Engineering (India) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Pune.

    31 Mar 2024

  • Director Appointment

    Shabbir Sayyedmiya Attar was appointed as a Director was appointed as a Director on 12 Jun 2019 & has been associated with this company since 5 years 8 months .

    12 Jun 2019

  • Director Appointment

    Arun Umesh Chikermane was appointed as a Director was appointed as a Director on 05 Feb 2008 & has been associated with this company since 17 years 17 days .

    05 Feb 2008

  • Company Incorporation

    Avaco Engineering (India) Private Limited was registered on 05 Feb 2008 with Roc Pune & aged 17 years 17 days as per MCA records.

    05 Feb 2008

Frequently asked questions

  • Avaco Engineering (India) Private Limited was incorporated on 05 Feb 2008.

  • The authorized share capital of Avaco Engineering (India) Private Limited is ₹ 5.00 M and paid-up capital is ₹ 2.84 M.

  • Currently 3 directors are associated with Avaco Engineering (India) Private Limited.

    • Arun Umesh Chikermane
    • Shabbir Sayyedmiya Attar
    • Chittaranjan Parida
  • As per Ministry of Corporate Affairs (Mca), the registered address of Avaco Engineering (India) Private Limited is Goodwill Enclave Kaalyni Nagar Sn 209/4 Yerawda 301/6, India, Pune, Maharashtra, 411006.

  • The corporate identification number (CIN) of Avaco Engineering (India) Private Limited is U31102PN2008PTC131373 and the company number is 131373 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Avaco Engineering (India) Private Limited is https://www.avaco.ca

  • According to the financial reports for the fiscal year 2023, the revenue trend for Avaco Engineering (India) Private Limited has risen by 3.53%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Avaco Engineering (India) Private Limited has experienced an downturn of -2.41%.

  • The most recent Balance Sheet for Avaco Engineering (India) Private Limited was filed with the ROC on 31 Mar 2024.

People also Viewed

Similar Companies Based on Engineering Components Retail & Distribution