Avani Textiles Profile
Key Indicators
- Authorised Capital ₹ 58.00 Cr
as on 22-06-2024
- Paid Up Capital ₹ 57.61 Cr
as on 22-06-2024
- Company Age 18 Year, 4 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 63.00 Cr
as on 22-06-2024
- Satisfied Charges ₹ 172.60 Cr
as on 22-06-2024
- Revenue 44.32%
(FY 2022)
- Profit 1035.64%
(FY 2022)
- Ebitda 110.93%
(FY 2022)
- Net Worth 332.30%
(FY 2022)
- Total Assets -0.11%
(FY 2022)
About Avani Textiles
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 2023. 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 Diksha Budhiraja as COMPANY SECRETARY and Pankaj Mittal as Cfo. Bhuvan Goyal, Rajiv Sharma, Deepak Jindal, and Seven other members serve as directors at the Company.
- CIN/LLPIN
U17121PB2006PLC030558
- Company No.
030558
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
22 Aug 2006
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Chandigarh
Industry
Company Details
- Location
Sangrur, Punjab, India
- Telephone
- Email Address
- Website
- Social Media-
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 |
|---|---|---|---|
Diksha Budhiraja  | Company Secretary | 01-May-2020 | Current |
| Pankaj Mittal | CFO | 01-Apr-2015 | Current |
Board Members(10)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Bhuvan Goyal | Director | 05-Oct-2009 | Current |
| Rajiv Sharma | Director | 12-Oct-2016 | Current |
| Deepak Jindal | Director | 22-Aug-2006 | Current |
| Lajpat Jindal | Director | 01-Feb-2007 | Current |
| Ramesh Kumar | Director | 22-Aug-2006 | Current |
| Shiv Goyal | Director | 22-Aug-2006 | Current |
Financial Performance and Corporate Structure Insights 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 Consultancy Services Private LimitedActive 14 years 6 monthsBhuvan Goyal and Shiv Goyal are mutual person
- Sangrur Agro LimitedActive 25 years 10 months
Rajiv Sharma, Deepak Jindal and 2 more are mutual person
- Sangrur Industrial Corporation Private LimitedActive 22 years 8 months
Rajiv Sharma, Deepak Jindal and 1 more are mutual person
- Punjab Transformers And Electronics Private LimitedActive 31 years 9 months
Deepak Jindal and Lajpat Jindal are mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Axis Bank Limited Creation Date: 28 Aug 2023 | ₹48.00 Cr | Open |
State Bank Of India Creation Date: 19 Jan 2011 | ₹15.00 Cr | Open |
Axis Bank Limited Creation Date: 27 Aug 2021 | ₹5.23 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.
