Avanti Frozen Foods Private Limited

Shrimp processing and export company with 22,000 MTPA capacity, serving US, Europe, and Japan.

2015 | Visakhapatnam, Andhra Pradesh (India) | Active
Last Updated:

Avanti Frozen Foods Profile

Key Indicators

  • Authorised Capital ₹ 10.10 Cr
  • Paid Up Capital ₹ 10.02 Cr
  • Company Age 9 Year, 11 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 159.00 Cr
  • Satisfied Charges ₹ 4.33 Cr
  • Revenue Growth 6.46%
  • Profit Growth 42.14%
  • Ebitda 33.39%
  • Net Worth 12.64%
  • Total Assets 10.70%

About Avanti Frozen Foods

Avanti Frozen Foods Private Limited (AFFPL) is a Private Limited Indian Non-Government Company incorporated in India on 17 April 2015 (Nine years and 11 months 4 days old ). Its registered office is in Visakhapatnam, Andhra Pradesh, India.

The Company is engaged in the Food And Beverages 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 10.10 Cr and a paid-up capital of Rs 10.02 Cr.

The company currently has active open charges totaling ₹159.00 Cr. The company has closed loans amounting to ₹4.33 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Avanti Frozen Foods Private Limited India are Venkata Dakarapu as CFO and Narender Sharma as Company Secretary. Cuddapah Rao, Indra Alluri, Prameela Yalamanchili, and Four 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

    U05000AP2015PTC096509

  • Company No.

    096509

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    17 Apr 2015

  • Date of AGM

    03 Aug 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Vijayawada

Industry

Food and Beverages
Company report

Avanti Frozen Foods Private Limited

Explore comprehensive data for Avanti Frozen Foods Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Avanti Frozen Foods?

Executive Team (3)

NameDesignationAppointment DateStatus
Indra Alluri Country flag representing In Managing Director01-Nov-2015Current
Venkata Dakarapu CFO10-Apr-2024Current
Narender Sharma Country flag representing In Company Secretary15-Nov-2021Current

Board Members (6)

NameDesignationAppointment DateStatus
Alluri Chowdary Country flag representing In Whole-Time Director 01-Jun-2018Current
Cuddapah Rao Country flag representing In Director 17-Apr-2015Current
Prameela Yalamanchili Country flag representing In Director 09-Feb-2018Current
Venkata Nanduri Country flag representing In Director 02-Aug-2021Current
Peerasak Boonmechote Country flag representing Th Director 20-Feb-2023Current
Yongyut Setthawiwat Additional Director 30-Oct-2024Current

Financial Performance of Avanti Frozen Foods.

Avanti Frozen Foods Private Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 6.46% increase. The company also saw a substantial improvement in profitability, with a 42.14% increase in profit. The company's net worth Soared by an impressive increase of 12.64%.

Avanti Frozen Foods revenue growth over time
Avanti Frozen Foods 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
6.46%
Revenue from Operations
5.80%
Total Assets
10.70%
Profit or Loss
42.14%
Net Worth
12.64%
EBITDA
33.39%

What is the Ownership and Shareholding Structure of Avanti Frozen Foods?

In 2023, Avanti Frozen Foods had a promoter holding of 60.00% and a public holding of 40.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹159.00 Cr

Satisfied Charges

₹4.33 Cr

Charges Breakdown by Lending Institutions

  • State Bank Of India : 105.00 Cr
  • Axis Bank Limited : 54.00 Cr

Latest Charge Details

DateLenderAmountStatus
13 Jul 2023Axis Bank Limited₹14.00 CrOpen
03 Aug 2018Axis Bank Limited₹40.00 CrOpen
17 Mar 2016State Bank Of India₹105.00 CrOpen
20 Jul 2018Axis Bank Limited₹3.50 MSatisfied
12 Jun 2018Axis Bank Limited₹7.00 MSatisfied

How Many Employees Work at Avanti Frozen Foods?

Avanti Frozen Foods has a workforce of 3041 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.

Employee growth trends for Avanti Frozen Foods Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Avanti Frozen Foods, 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 Frozen Foods'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 Avanti Frozen Foods

Recent activity within the organization

  • Director Appointment

    Yongyut Setthawiwat was appointed as a Additional Director was appointed as a Additional Director on 30 Oct 2024 & has been associated with this company since 4 months 21 days .

  • Annual General Meeting

    Avanti Frozen Foods Private Limited last Annual general meeting of members was held on 03 Aug 2024 as per latest MCA records.

  • Director Appointment

    Venkata Surya Satyanarayana Dakarapu was appointed as a Cfo was appointed as a Cfo on 10 Apr 2024 & has been associated with this company since 11 months 10 days .

  • Balance Sheet

    Avanti Frozen Foods Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Vijayawada.

  • Charges

    A charge with Axis Bank Limited of Rs. 14.00 Cr registered on 13 Jul 2023 with Charge ID 100771152 was modified on 04 Dec 2023.

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 14.00 Cr with Charge ID 100771152 was registered on 13 Jul 2023.

Frequently asked questions

  • What is the Incorporation or founding date of Avanti Frozen Foods Private Limited?

    Avanti Frozen Foods Private Limited was incorporated on 17 Apr 2015.

  • What is authorized share capital and paid-up capital of Avanti Frozen Foods Private Limited?

    The authorized share capital of Avanti Frozen Foods Private Limited is ₹ 10.10 Cr and paid-up capital is ₹ 10.02 Cr.

  • Who are the current board members & directors of Avanti Frozen Foods Private Limited?

    Currently 9 directors are associated with Avanti Frozen Foods Private Limited.

    • Cuddapah Ramachandra Rao
    • Indra Kumar Alluri
    • Prameela Rani Yalamanchili
    • Venkata Divakara Soma Raju Nanduri
    • Alluri Nikhilesh Chowdary
    • Peerasak Boonmechote
    • Yongyut Setthawiwat
    • Venkata Surya Satyanarayana Dakarapu
    • Narender Sharma

  • What is the registered address of Avanti Frozen Foods Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Avanti Frozen Foods Private Limited is Flatno:103 Groundfloor Rsquare Pandurangapuram, India, Vishakhapatnam, Andhra Pradesh, 530003.

  • What is the corporate identification number (CIN) and company number of Avanti Frozen Foods Private Limited?

    The corporate identification number (CIN) of Avanti Frozen Foods Private Limited is U05000AP2015PTC096509 and the company number is 096509 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Avanti Frozen Foods Private Limited?

    The Official website of Avanti Frozen Foods Private Limited is https://www.avantifeeds.com

  • What has been the recent revenue trend for Avanti Frozen Foods Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Avanti Frozen Foods Private Limited has risen by 6.46%.

  • How many employees does Avanti Frozen Foods Private Limited currently have?

    As Per 2023 financial reports, 3041 employees are currently employed by Avanti Frozen Foods Private Limited.

  • What change has been observed in the net worth of Avanti Frozen Foods Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Avanti Frozen Foods Private Limited has experienced an upsurge of 12.64%.

  • What are the total open charges for Avanti Frozen Foods Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Avanti Frozen Foods Private Limited amount to ₹ 159.00 Cr.

  • When was the last Balance Sheet of Avanti Frozen Foods Private Limited filed with the ROC?

    The most recent Balance Sheet for Avanti Frozen Foods Private Limited was filed with the ROC on 31 Mar 2024.

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