Avanti Metals Private Limited

Manufactures and trades MS billets with a capacity of 100,000 MTPA, also trades scrap and steel intermediaries.

1996 | Nagapattinam, Tamil Nadu (India) | Active
Last Updated:

Avanti Metals Profile

Key Indicators

  • Authorised Capital ₹ 18.15 Cr
  • Paid Up Capital ₹ 6.13 Cr
  • Company Age 28 Year, 8 Months
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 133.78 Cr
  • Revenue Growth -95.92%
  • Profit Growth -1475.61%
  • Ebitda -48532.94%
  • Net Worth -10.75%
  • Total Assets -4.65%

About Avanti Metals

Avanti Metals Private Limited (AMPL) is a Private Limited Indian Non-Government Company incorporated in India on 15 July 1996 and has a history of 28 years and eight months. Its registered office is in Nagapattinam, Tamil Nadu, India.

The Corporate was formerly known as Sai Kripa Vyapar Private Limited. The Company is engaged in the Metals And Minerals 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 18.15 Cr and a paid-up capital of Rs 6.13 Cr.

The company has closed loans amounting to ₹133.78 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Ramamoorthy Natarajan and Srinivasan Subramanyan serve as directors at the Company.

Company Details

  • Location

    Nagapattinam, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U15499TN1996PTC036060

  • Company No.

    036060

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    15 Jul 1996

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Metals and Minerals

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

Board Members (2)

NameDesignationAppointment DateStatus
Ramamoorthy Natarajan Country flag representing In Director 29-Mar-2023Current
Srinivasan Subramanyan Country flag representing In Director 30-Mar-2011Current

Financial Performance of Avanti Metals.

Avanti Metals Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 95.92% decrease. The company also saw a substantial fall in profitability, with a 1475.61% decrease in profit. The company's net worth observed a substantial decline by a decrease of 10.75%.

Avanti Metals revenue growth over time
Avanti Metals 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
-95.92%
Revenue from Operations
Total Assets
-4.65%
Profit or Loss
-1475.61%
Net Worth
-10.75%
EBITDA
-48532.94%

What is the Ownership and Shareholding Structure of Avanti Metals?

In 2023, Avanti Metals had a promoter holding of 0.02% and a public holding of 99.98%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹133.78 Cr

Charges Breakdown by Lending Institutions

  • Indian Overseas Bank : 123.00 Cr
  • Others : 10.78 Cr

Latest Charge Details

DateLenderAmountStatus
03 Aug 2017Others₹10.78 CrSatisfied
07 Dec 2005Indian Overseas Bank₹15.00 CrSatisfied
17 Jun 2004Indian Overseas Bank₹85.00 CrSatisfied
17 Jun 2004Indian Overseas Bank₹23.00 CrSatisfied

How Many Employees Work at Avanti Metals?

Unlock and access historical data on people associated with Avanti Metals, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee growth trends for Avanti Metals Private Limited

Deals i

Graph showing company valuation over time

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

Recent activity within the organization

  • Annual General Meeting

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

  • Balance Sheet

    Avanti Metals Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.

  • Director Appointment

    Ramamoorthy Natarajan was appointed as a Director was appointed as a Director on 29 Mar 2023 & has been associated with this company since 2 years 2 days .

  • Charges

    A charge registered on 03 Aug 2017 via Charge ID 100179300 with Others was fully satisfied on 27 Apr 2022.

  • Charges

    A charge registered on 17 Jun 2004 via Charge ID 90286939 with Indian Overseas Bank was fully satisfied on 02 May 2018.

  • Charges

    A charge with Others amounted to Rs. 10.78 Cr with Charge ID 100179300 was registered on 03 Aug 2017.

Frequently asked questions

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

    Avanti Metals Private Limited was incorporated on 15 Jul 1996.

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

    The authorized share capital of Avanti Metals Private Limited is ₹ 18.15 Cr and paid-up capital is ₹ 6.13 Cr.

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

    Currently 2 directors are associated with Avanti Metals Private Limited.

    • Ramamoorthy Natarajan
    • Srinivasan Subramanyan

  • What is the registered address of Avanti Metals Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Avanti Metals Private Limited is 7/1 4/3 Komal Road Maruthur Villege India, Mayiladuthurai, Tamil Nadu, 609808.

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

    The corporate identification number (CIN) of Avanti Metals Private Limited is U15499TN1996PTC036060 and the company number is 036060 as per Ministry of Corporate Affairs (MCA).

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

    According to the financial reports for the fiscal year 2023, the revenue trend for Avanti Metals Private Limited has fallen by -95.92%.

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

    The financial reports for the fiscal year 2023 indicates that The net worth of Avanti Metals Private Limited has experienced an downturn of -10.75%.

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

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

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