Avanti Feeds Profile
Key Indicators
- Authorised Capital ₹ 15.85 Cr
- Paid Up Capital ₹ 13.62 Cr
- Company Age 32 Year, 1 Month
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 92.79 Cr
- Satisfied Charges ₹ 513.62 Cr
- Revenue Growth 7.10%
- Profit Growth 32.30%
- Ebitda 24.91%
- Net Worth 12.57%
- Total Assets 11.55%
About Avanti Feeds
Avanti Feeds Limited (AFL) is a leading Public Limited Indian Non-Government Company incorporated in India on 06 January 1993 and has a history of 32 years and one month. Its registered office is in Visakhapatnam, Andhra Pradesh, India.
It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 512573 and on the National Stock Exchange(NSE) under AVANTIFEED.
The Corporate was formerly known as Avanti Industries Ltd. The Company is engaged in the Environment 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 15.85 Cr and a paid-up capital of Rs 13.62 Cr.
The company currently has active open charges totaling ₹92.79 Cr. The company has closed loans amounting to ₹513.62 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Avanti Feeds Limited India is Cuddapah Rao as CFO. Cuddapah Rao, Ram Nuthakki, Indra Alluri, and Eight other members serve as directors at the Company.
Company Details
- Location
Visakhapatnam, Andhra Pradesh, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
L16001AP1993PLC095778
- Company No.
095778
- Stock Symbol
BSE : 512573 NSE : AVANTIFEED
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
06 Jan 1993
- Date of AGM
06 Aug 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Listed
- ROC Code
Roc Vijayawada
Industry
Who are the key members and board of directors at Avanti Feeds?
Executive Team (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Indra Alluri  | Managing Director | 01-Jul-2007 | Current |
| Cuddapah Rao | CFO | 01-Oct-2014 | Current |
Board Members (10)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Bunluesak Sorajjakit  | Director | 30-Jan-2010 | Current |
| Cuddapah Rao | Whole-Time Director and Cfo | 01-Aug-2009 | Current |
| Ram Nuthakki | Director | 07-Apr-1993 | Current |
| Venkata Jasthi | Director | 10-Nov-2018 | Current |
| Prameela Yalamanchili | Director | 30-Aug-2024 | Current |
| Venkata Alluri | Whole-Time Director | 07-Jun-2019 | Current |
Financial Performance of Avanti Feeds.
Avanti Feeds Limited, for the financial year ended 2024, experienced modest growth in revenue, with a 7.1% increase. The company also saw a substantial improvement in profitability, with a 32.3% increase in profit. The company's net worth Soared by an impressive increase of 12.57%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Avanti Feeds?
In 2024, Avanti Feeds had a promoter holding of 43.25% and a public holding of 56.75%. The company had 3 Subsidiaries and 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Iirm Holdings India LimitedVenkata Jasthi is a mutual person
Nava LimitedIndra Alluri is a mutual person
Suven Pharmaceuticals LimitedVenkata Jasthi is a mutual person
Endiya Trustee Private LimitedVenkata Jasthi is a mutual person
Avanti Frozen Foods Private LimitedCuddapah Rao, Indra Alluri and 2 more are mutual person
Maximus Arc LimitedIndra Alluri and Prameela Yalamanchili are mutual person
Charges (Loans)
₹92.79 Cr
₹513.62 Cr
Charges Breakdown by Lending Institutions
- State Bank Of India : 92.79 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 23 Jul 2021 | State Bank Of India | ₹92.79 Cr | Open |
| 03 Aug 2018 | Axis Bank Limited | ₹40.00 Cr | Satisfied |
| 17 Mar 2016 | State Bank Of India | ₹110.00 Cr | Satisfied |
| 21 May 2015 | Rabobank International (Cooperative Central Raiffeisen-Boerenleenbank B.A.) | ₹20.00 Cr | Satisfied |
| 18 Feb 2014 | Rabobank International (Cooperative Central Raiffeisen-Boerenleenbank B.A.) | ₹20.00 Cr | Satisfied |
How Many Employees Work at Avanti Feeds?
Avanti Feeds has a workforce of 1025 employees as of Oct 21, 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 Feeds, 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 Feeds'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.
