Avant Garde Carpets Private Limited

Manufactures wool and cotton carpets since 1994, based in New Delhi.

1994 | Delhi (India) | Active
Last Updated: January 01, 2025

Avant Garde Carpets Profile

Key Indicators

  • Authorised Capital ₹ 0.50 M
  • Paid Up Capital ₹ 0.50 M
  • Company Age 30 Year, 4 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 40.00 Cr
  • Satisfied Charges ₹ 8.00 Cr
  • Revenue Growth 35.45%
  • Profit Growth 851.79%
  • Ebitda 122.96%
  • Net Worth 9.28%
  • Total Assets -5.87%

About Avant Garde Carpets

Avant Garde Carpets Private Limited (AGCPL) is a Private Limited Indian Non-Government Company incorporated in India on 18 October 1994 and has a history of 30 years and four months. Its registered office is in Delhi, India.

The Corporate was formerly known as Avant Garde Carpets Limited. The Company is engaged in the Consumer Goods 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 0.50 M and a paid-up capital of Rs 0.50 M.

The company currently has active open charges totaling ₹40.00 Cr. The company has closed loans amounting to ₹8.00 Cr, as per Ministry of Corporate Affairs (MCA) records.

Mukesh Rajvanshi and Vijay Raghuvaran serve as directors at the Company.

Company Details

  • Location

    Delhi, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U74899DL1994PTC062180

  • Company No.

    062180

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    18 Oct 1994

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Delhi

Industry

Consumer Goods

Who are the key members and board of directors at Avant Garde Carpets?

Board Members (2)

NameDesignationAppointment DateStatus
Mukesh Rajvanshi Country flag representing In Director 31-May-2009Current
Vijay Raghuvaran Country flag representing In Director 31-May-2009Current

Financial Performance of Avant Garde Carpets.

Avant Garde Carpets Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 35.45% increase. The company also saw a substantial improvement in profitability, with a 851.79% increase in profit. The company's net worth moved up by a moderate rise of 9.28%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
35.45%
Revenue from Operations
36.25%
Total Assets
-5.87%
Profit or Loss
851.79%
Net Worth
9.28%
EBITDA
122.96%

What is the Ownership and Shareholding Structure of Avant Garde Carpets?

In 2021, Avant Garde Carpets had a promoter holding of 99.92% and a public holding of 0.08%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹400.00 M

Satisfied Charges

₹80.00 M

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 40.00 Cr

Latest Charge Details

DateLenderAmountStatus
15 Nov 2021Hdfc Bank Limited₹40.00 CrOpen
03 Dec 2004Citi Bank N A₹8.00 CrSatisfied

How Many Employees Work at Avant Garde Carpets?

Avant Garde Carpets has a workforce of 143 employees as of Apr 06, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Avant Garde Carpets, 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 Avant Garde Carpets's trajectory.

Rating

Graph displaying rating trends over time

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

Alert Indicator

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 Avant Garde Carpets

Recent activity within the organization

  • Annual General Meeting

    Avant Garde Carpets Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Avant Garde Carpets Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Delhi.

    31 Mar 2024

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 400.00 M with Charge ID 100505211 was registered on 15 Nov 2021.

    15 Nov 2021

  • Director Appointment

    Mukesh Kumar Rajvanshi was appointed as a Director was appointed as a Director on 31 May 2009 & has been associated with this company since 15 years 8 months .

    31 May 2009

  • Director Appointment

    Vijay Raghuvaran was appointed as a Director was appointed as a Director on 31 May 2009 & has been associated with this company since 15 years 8 months .

    31 May 2009

  • Charges

    A charge registered on 03 Dec 2004 via Charge ID 90044468 with Citi Bank N A was fully satisfied on 10 Nov 2008.

    10 Nov 2008

Frequently asked questions

  • Avant Garde Carpets Private Limited was incorporated on 18 Oct 1994.

  • The authorized share capital of Avant Garde Carpets Private Limited is ₹ 0.50 M and paid-up capital is ₹ 0.50 M.

  • Currently 2 directors are associated with Avant Garde Carpets Private Limited.

    • Mukesh Kumar Rajvanshi
    • Vijay Raghuvaran
  • As per Ministry of Corporate Affairs (Mca), the registered address of Avant Garde Carpets Private Limited is 225, Okhla Industrial Estate Phase- Iii India, New Delhi, 110020.

  • The corporate identification number (CIN) of Avant Garde Carpets Private Limited is U74899DL1994PTC062180 and the company number is 062180 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2022, the revenue trend for Avant Garde Carpets Private Limited has risen by 35.45%.

  • As Per 2022 financial reports, 143 employees are currently employed by Avant Garde Carpets Private Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Avant Garde Carpets Private Limited has experienced an upsurge of 9.28%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Avant Garde Carpets Private Limited amount to ₹ 40.00 Cr.

  • The most recent Balance Sheet for Avant Garde Carpets Private Limited was filed with the ROC on 31 Mar 2024.

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