Avanish Motors Profile
Key Indicators
- Authorised Capital ₹ 5.00 M
- Paid Up Capital ₹ 5.00 M
- Company Age 11 Year, 2 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 4.50 Cr
- Revenue Growth 38.17%
- Profit Growth 101.26%
- Ebitda -100.83%
- Net Worth 32.32%
- Total Assets 23.24%
About Avanish Motors
Avanish Motors Private Limited (AMPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 02 December 2013 and has a history of 11 years and two months. Its registered office is in Bangalore, Karnataka, India.
The Company is engaged in the Automotive 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 M and a paid-up capital of Rs 5.00 M.
The company currently has active open charges totaling ₹4.50 Cr.
Pobbichetty Satish, Somisetty Harinath, Anjan Babu, and Three other members serve as directors at the Company.
Company Details
- Location
Bangalore, Karnataka, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
-
- Social Media -
Corporate Identity Details
- CIN/LLPIN
U50404KA2013PTC072231
- Company No.
072231
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
02 Dec 2013
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Bangalore
Industry
Who are the key members and board of directors at Avanish Motors?
Board Members (6)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Rithesh Harinath  | Director | 02-Dec-2013 | Current |
| Pobbichetty Satish | Director | 02-Dec-2013 | Current |
| Somisetty Harinath | Director | 02-Dec-2013 | Current |
| Anjan Babu | Director | 02-Dec-2013 | Current |
| Lakkur Babu | Director | 02-Dec-2013 | Current |
| Pabbi Shamanth | Director | 02-Dec-2013 | Current |
Financial Performance of Avanish Motors.
Avanish Motors Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 38.17% increase. The company also saw a substantial improvement in profitability, with a 101.26% increase in profit. The company's net worth Soared by an impressive increase of 32.32%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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What is the Ownership and Shareholding Structure of Avanish Motors?
In 2023, Avanish Motors had a promoter holding of 72.00% and a public holding of 28.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Avanish Auto LlpPobbichetty Satish and Pabbi Shamanth are mutual person
- Visvajita Enterprises Llp
Pobbichetty Satish, Somisetty Harinath and 3 more are mutual person
- Favourite Stocks Private Limited
Pobbichetty Satish and Pabbi Shamanth are mutual person
- S N S Chits Private Limited
Somisetty Harinath is a mutual person
Charges (Loans)
₹45.00 M
₹0
Charges Breakdown by Lending Institutions
- Axis Bank Limited : 3.00 Cr
- Hdfc Bank Limited : 1.50 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 01 Jul 2023 | Axis Bank Limited | ₹3.00 Cr | Open |
| 15 Feb 2014 | Hdfc Bank Limited | ₹1.50 Cr | Open |
How Many Employees Work at Avanish Motors?
Avanish Motors has a workforce of 116 employees as of Apr 08, 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 Avanish Motors, 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 Avanish Motors'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.