Avanish Motors Private Limited
Motorcycle trading, maintenance, and repair services with related parts and accessories.
2013 | Bangalore, Karnataka (India) | Active
Avanish Motors Profile
Key Indicators
- Authorised Capital ₹ 5.00 M
- Paid Up Capital ₹ 5.00 M
- Company Age 11 Year, 3 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 three 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
Automotive
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
- Ratios
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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 Llp
Pobbichetty 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)
Open Charges
₹45.00 M
Satisfied Charges
₹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.
Latest Updates, News, and FAQs on Avanish Motors
Recent activity within the organization
- Annual General Meeting
Avanish Motors Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
- Charges
A charge with Axis Bank Limited amounted to Rs. 30.00 M with Charge ID 100915646 was registered on 01 Jul 2023.
- Balance Sheet
Avanish Motors Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.
- Charges
A charge with Hdfc Bank Limited of Rs. 15.00 M registered on 15 Feb 2014 with Charge ID 10483435 was modified on 25 Jan 2021.
- Charges
A charge with Hdfc Bank Limited amounted to Rs. 15.00 M with Charge ID 10483435 was registered on 15 Feb 2014.
- Director Appointment
Somisetty Narasimhuluchetty Harinath was appointed as a Director was appointed as a Director on 02 Dec 2013 & has been associated with this company since 11 years 3 months .
Frequently asked questions
What is the Incorporation or founding date of Avanish Motors Private Limited?
Avanish Motors Private Limited was incorporated on 02 Dec 2013.
What is authorized share capital and paid-up capital of Avanish Motors Private Limited?
The authorized share capital of Avanish Motors Private Limited is ₹ 5.00 M and paid-up capital is ₹ 5.00 M.
Who are the current board members & directors of Avanish Motors Private Limited?
Currently 6 directors are associated with Avanish Motors Private Limited.
- Pobbichetty Ramachandraiah Chetty Satish
- Somisetty Narasimhuluchetty Harinath
- Anjan Kumar Lakkur Balaji Babu
- Lakkur Ananthapadmanabha Balaji Babu
- Rithesh Somisetty Harinath
- Pabbi Chetty Satish Shamanth
What is the registered address of Avanish Motors Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Avanish Motors Private Limited is No. 1706 17Th Cross Magadi Road-Chord Road(Mrcr) Service Road Near Maruthi Temple Vijay, Nagar, Bangalore, Karnataka, India, 560040.
What is the corporate identification number (CIN) and company number of Avanish Motors Private Limited?
The corporate identification number (CIN) of Avanish Motors Private Limited is U50404KA2013PTC072231 and the company number is 072231 as per Ministry of Corporate Affairs (MCA).
What has been the recent revenue trend for Avanish Motors Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Avanish Motors Private Limited has risen by 38.17%.
How many employees does Avanish Motors Private Limited currently have?
As Per 2023 financial reports, 116 employees are currently employed by Avanish Motors Private Limited.
What change has been observed in the net worth of Avanish Motors Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Avanish Motors Private Limited has experienced an upsurge of 32.32%.
What are the total open charges for Avanish Motors Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Avanish Motors Private Limited amount to ₹ 4.50 Cr.
When was the last Balance Sheet of Avanish Motors Private Limited filed with the ROC?
The most recent Balance Sheet for Avanish Motors Private Limited was filed with the ROC on 31 Mar 2023.