Avani Textiles Profile
Key Indicators
- Authorised Capital ₹ 58.00 Cr
- Paid Up Capital ₹ 57.61 Cr
- Company Age 18 Year, 6 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 63.00 Cr
- Satisfied Charges ₹ 172.60 Cr
- Revenue Growth 44.32%
- Profit Growth 1035.64%
- Ebitda 110.93%
- Net Worth 332.30%
- Total Assets -0.11%
About Avani Textiles
Avani Textiles Limited (ATL) is a leading Public Limited Indian Non-Government Company incorporated in India on 22 August 2006 and has a history of 18 years and six months. Its registered office is in Sangrur, Punjab, India.
The Company is engaged in the Manufacturing 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 58.00 Cr and a paid-up capital of Rs 57.61 Cr.
The company currently has active open charges totaling ₹63.00 Cr. The company has closed loans amounting to ₹172.60 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Avani Textiles Limited India are Pankaj Mittal as CFO and Diksha Budhiraja as Company Secretary. Shiv Goyal, Ramesh Kumar, Lajpat Jindal, and Seven other members serve as directors at the Company.
Company Details
- Location
Sangrur, Punjab, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media -
Corporate Identity Details
- CIN/LLPIN
U17121PB2006PLC030558
- Company No.
030558
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
22 Aug 2006
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Chandigarh
Industry
What products or services does Avani Textiles Limited offer?
Avani Textiles Limited offers a wide range of products and services, including Yarn, Open End Yarn, Forceps & Graspers, Surgical Pendant, Spun Yarn, Combed Ring Spun Yarn, Slub Yarn.
Who are the key members and board of directors at Avani Textiles?
Executive Team (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Pankaj Mittal  | CFO | 01-Apr-2015 | Current |
| Diksha Budhiraja | Company Secretary | 01-May-2020 | Current |
Board Members (10)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Shiv Goyal | Director | 22-Aug-2006 | Current |
| Ramesh Kumar | Director | 22-Aug-2006 | Current |
| Lajpat Jindal | Director | 01-Dec-2019 | Current |
| Deepak Jindal | Director | 22-Aug-2006 | Current |
| Rajiv Sharma | Director | 12-Oct-2016 | Current |
| Bhuvan Goyal | Director | 29-Mar-2017 | Current |
Financial Performance of Avani Textiles.
Avani Textiles Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 44.32% increase. The company also saw a substantial improvement in profitability, with a 1035.64% increase in profit. The company's net worth Soared by an impressive increase of 332.3%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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What is the Ownership and Shareholding Structure of Avani Textiles?
In 2022, Avani Textiles had a promoter holding of 7.39% and a public holding of 92.62%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Sga Real Estates Private LimitedShiv Goyal is a mutual person
Arpan Foods LimitedShiv Goyal is a mutual person
- Tridev Commodities Private Limited
Shiv Goyal and Ramesh Kumar are mutual person
- Sga Insurance Surveyors And Loss Assessors Private Limited
Shiv Goyal is a mutual person
- Sga Consultancy Services Private Limited
Shiv Goyal and Bhuvan Goyal are mutual person
- Sangrur Agro Limited
Lajpat Jindal, Deepak Jindal and 2 more are mutual person
Charges (Loans)
₹63.00 Cr
₹172.60 Cr
Charges Breakdown by Lending Institutions
- Axis Bank Limited : 48.00 Cr
- State Bank Of India : 15.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 28 Aug 2023 | Axis Bank Limited | ₹48.00 Cr | Open |
| 19 Jan 2011 | State Bank Of India | ₹15.00 Cr | Open |
| 27 Aug 2021 | Axis Bank Limited | ₹5.23 Cr | Satisfied |
| 21 Aug 2021 | Axis Bank Limited | ₹5.24 Cr | Satisfied |
| 22 Jun 2021 | Axis Bank Limited | ₹5.27 Cr | Satisfied |
How Many Employees Work at Avani Textiles?
Avani Textiles has a workforce of 763 employees as of Apr 05, 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 Avani Textiles, 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 Avani Textiles'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.
