Avaids Technovators Profile
Key Indicators
- Authorised Capital ₹ 18.00 Cr
- Paid Up Capital ₹ 5.63 Cr
- Company Age 36 Year, 9 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 58.80 Cr
- Satisfied Charges ₹ 101.81 Cr
- Revenue Growth 6.54%
- Profit Growth -30.89%
- Ebitda -41.07%
- Net Worth 6.10%
- Total Assets -1.86%
About Avaids Technovators
Avaids Technovators Private Limited (ATPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 16 May 1988 and has a history of 36 years and nine months. Its registered office is in Delhi, India.
The Company is engaged in the Machinery And Equipment 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 18.00 Cr and a paid-up capital of Rs 5.63 Cr.
The company currently has active open charges totaling ₹58.80 Cr. The company has closed loans amounting to ₹101.81 Cr, as per Ministry of Corporate Affairs (MCA) records.
Sangeeta Piplani, Rajesh Piplani, Sumeer Kaul, and One other member serve as directors at the Company.
Company Details
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Location
Delhi, India
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Telephone
+91-XXXXXXXXXX
- Email Address
- Website
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Social Media
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Corporate Identity Details
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CIN/LLPIN
U74899DL1988PTC031707
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Company No.
031707
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
16 May 1988
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Date of AGM
30 Nov 2023
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Date of Balance Sheet
31 Mar 2023
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Listing Status
Unlisted
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ROC Code
Roc Delhi
Industry
What products or services does Avaids Technovators Private Limited offer?
Avaids Technovators Private Limited offers a wide range of products and services, including Electrical & Signaling Contractors, Electrical Contractor, Electrical Panels & Distribution Box, Electrical Distribution System, Indoor Lights & Lighting Accessories, LED Lights, Electric Control Panel, Garden & Landscaping Products, Garden Lighting, Lighting Service.
Who are the key members and board of directors at Avaids Technovators?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Rajesh Piplani
|
Managing Director | 16-May-1988 | Current |
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
|
Sangeeta Piplani
|
Director | 26-May-1995 | Current |
|
Sumeer Kaul
|
Director | 01-Sep-2020 | Current |
|
Neeru Dhar
|
Director | 02-Feb-2021 | Current |
Financial Performance of Avaids Technovators.
Avaids Technovators Private Limited, for the financial year ended 2022, experienced modest growth in revenue, with a 6.54% increase. The company also saw a substantial fall in profitability, with a 30.89% decrease in profit. The company's net worth moved up by a moderate rise of 6.1%.
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What is the Ownership and Shareholding Structure of Avaids Technovators?
In 2022, Avaids Technovators had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
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Uppal Estate Private LimitedSangeeta Piplani and Rajesh Piplani are mutual person
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Technovators Bright Solutions Private Limited
Sangeeta Piplani and Rajesh Piplani are mutual person
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Honeycom Power Services Private Limited
Sumeer Kaul is a mutual person
Charges (Loans)
₹58.80 Cr
₹101.81 Cr
Charges Breakdown by Lending Institutions
- Axis Bank Limited : 58.70 Cr
- Hdfc Bank Limited : 0.10 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 12 Aug 2021 | Hdfc Bank Limited | ₹1.00 M | Open |
| 11 Mar 2013 | Axis Bank Limited | ₹58.70 Cr | Open |
| 19 Sep 2022 | Others | ₹51.50 Cr | Satisfied |
| 30 Mar 2018 | Others | ₹5.00 Cr | Satisfied |
| 25 Jul 2013 | Punjab National Bank | ₹8.73 Cr | Satisfied |
How Many Employees Work at Avaids Technovators?
Avaids Technovators has a workforce of 215 employees as of Apr 09, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Avaids Technovators, 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 Avaids Technovators's trajectory.
Rating
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
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.
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