Avanti Frozen Foods Profile
Key Indicators
- Authorised Capital ₹ 10.10 Cr
- Paid Up Capital ₹ 10.02 Cr
- Company Age 9 Year, 10 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 ten months 7 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
Who are the key members and board of directors at Avanti Frozen Foods?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Indra Alluri  | Managing Director | 01-Nov-2015 | Current |
| Venkata Dakarapu | CFO | 10-Apr-2024 | Current |
| Narender Sharma | Company Secretary | 15-Nov-2021 | Current |
Board Members (6)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Alluri Chowdary | Whole-Time Director | 01-Jun-2018 | Current |
| Cuddapah Rao | Director | 17-Apr-2015 | Current |
| Prameela Yalamanchili | Director | 09-Feb-2018 | Current |
| Venkata Nanduri | Director | 02-Aug-2021 | Current |
Peerasak Boonmechote  | Director | 20-Feb-2023 | Current |
| Yongyut Setthawiwat | Additional Director | 30-Oct-2024 | Current |
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%.
- Key Matrics
- Balance Sheet
- Profit and Loss
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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.
Related Corporates (Common Directorship)
Nava LimitedIndra Alluri is a mutual person
Avanti Feeds LimitedCuddapah Rao, Indra Alluri and 2 more are mutual person
Maximus Arc LimitedIndra Alluri and Prameela Yalamanchili are mutual person
Spanv Medisearch Lifesciences Private LimitedPrameela Yalamanchili is a mutual person
Vimta Labs LimitedPrameela Yalamanchili is a mutual person
Patikari Power Private LimitedCuddapah Rao and Indra Alluri are mutual person
Charges (Loans)
₹159.00 Cr
₹4.33 Cr
Charges Breakdown by Lending Institutions
- State Bank Of India : 105.00 Cr
- Axis Bank Limited : 54.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 13 Jul 2023 | Axis Bank Limited | ₹14.00 Cr | Open |
| 03 Aug 2018 | Axis Bank Limited | ₹40.00 Cr | Open |
| 17 Mar 2016 | State Bank Of India | ₹105.00 Cr | Open |
| 20 Jul 2018 | Axis Bank Limited | ₹3.50 M | Satisfied |
| 12 Jun 2018 | Axis Bank Limited | ₹7.00 M | Satisfied |
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.
Deals i
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
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.
