Avanti Business Machines Profile
Key Indicators
- Authorised Capital ₹ 3.25 Cr
as on 24-10-2024
- Paid Up Capital ₹ 1.36 Cr
as on 24-10-2024
- Company Age 36 Year, 10 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 9.00 M
as on 24-10-2024
- Revenue 29.46%
(FY 2023)
- Profit 119.18%
(FY 2023)
- Ebitda 147.51%
(FY 2023)
- Net Worth 4.37%
(FY 2023)
- Total Assets 12.58%
(FY 2023)
About Avanti Business Machines
The Corporate was formerly known as Avanti Business Machines P Limited. The Company is engaged in the Machinery And Equipment 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 3.25 Cr and a paid-up capital of Rs 1.36 Cr.
The company currently has active open charges totaling ₹9.00 M.
Geetha Subbaiyan, Apurba Nandi, and Subbaian Rajasekaran serve as directors at the Company.
- CIN/LLPIN
U29219TG1988PLC008286
- Company No.
008286
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
05 Feb 1988
- Date of AGM
28 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Hyderabad
Industry
Company Details
- Location
Rangareddy, Telangana, India
- Telephone
- Email Address
- Website
- Social Media
What products or services does Avanti Business Machines Limited offer?
Avanti Business Machines Limited offers a wide range of products and services, including Binding Machines, Paper Shredding Machine, Heavy Duty Paper Shredder, Comb Binding Machine, Shredding Machine, Industrial Shredders, Antiva Paper Shredders, Money Counter, Currency Counting Machines, Avanti Paper Shredding Machine.
Who are the key members and board of directors at Avanti Business Machines?
Board Members(3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Geetha Subbaiyan  | Whole-Time Director | 05-Feb-1988 | Current |
| Apurba Nandi | Whole-Time Director | 05-Feb-1988 | Current |
| Subbaian Rajasekaran | Director | 18-Nov-2021 | Current |
Financial Performance of Avanti Business Machines.
Avanti Business Machines Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 29.46% increase. The company also saw a substantial improvement in profitability, with a 119.18% increase in profit. The company's net worth moved up by a moderate rise of 4.37%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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What is the Ownership and Shareholding Structure of Avanti Business Machines?
In 2023, Avanti Business Machines had a promoter holding of 74.23% and a public holding of 25.77%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
City Union Bank Limited Creation Date: 28 Dec 2017 | ₹7.50 M | Open |
Vijaya Bank Creation Date: 15 Feb 1996 | ₹1.50 M | Open |
How Many Employees Work at Avanti Business Machines?
Avanti Business Machines has a workforce of 41 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 Avanti Business Machines, 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 Avanti Business Machines'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.
