Avanti Overseas Profile
Key Indicators
- Authorised Capital ₹ 1.00 Cr
- Paid Up Capital ₹ 9.60 M
- Company Age 50 Year, 11 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 60.85 Cr
- Satisfied Charges ₹ 24.21 Cr
- Revenue Growth -6.95%
- Profit Growth 21012.15%
- Ebitda -24.66%
- Net Worth 14.30%
- Total Assets -13.19%
About Avanti Overseas
Avanti Overseas Private Limited (AOPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 07 February 1974 and has a history of 50 years and 11 months. Its registered office is in Delhi, India.
The Corporate was formerly known as Avanti Fasteners And Engineers Private Limited. 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 2023. It's a company limited by shares with an authorized capital of Rs 1.00 Cr and a paid-up capital of Rs 9.60 M.
The company currently has active open charges totaling ₹60.85 Cr. The company has closed loans amounting to ₹24.21 Cr, as per Ministry of Corporate Affairs (MCA) records.
Rekha Modi, Raghav Modi, Rajesh Mittal, and One other member serve as directors at the Company.
Company Details
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Location
Delhi, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media-
Corporate Identity Details
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CIN/LLPIN
U74899DL1974PTC007073
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Company No.
007073
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
07 Feb 1974
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Date of AGM
30 Sep 2023
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Date of Balance Sheet
31 Mar 2023
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Listing Status
Unlisted
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ROC Code
Roc Delhi
Industry
Who are the key members and board of directors at Avanti Overseas?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Raghav Modi
|
Managing Director | 05-Jul-2004 | Current |
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
|
Rajesh Mittal
|
Director | 18-Jul-2018 | Current |
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Rekha Modi
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Director | 10-Apr-1978 | Current |
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Devika Modi
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Director | 01-Nov-2018 | Current |
Financial Performance of Avanti Overseas.
Avanti Overseas Private Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 6.95% decrease. The company also saw a substantial improvement in profitability, with a 21012.15% increase in profit. The company's net worth Soared by an impressive increase of 14.3%.
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What is the Ownership and Shareholding Structure of Avanti Overseas?
In 2023, Avanti Overseas had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
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Sd Wellness Private LimitedRaghav Modi is a mutual person
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Wisdom Foods Private LimitedRaghav Modi and Devika Modi are mutual person
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Avanti Landbase Private Limited.Rekha Modi and Raghav Modi are mutual person
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Pawsh Pet Facilities Private Limited
Rekha Modi and Raghav Modi are mutual person
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Vsa Ledermode Private Limited
Rajesh Mittal is a mutual person
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Agneya Trading Private Limited
Rajesh Mittal is a mutual person
Charges (Loans)
₹60.85 Cr
₹24.21 Cr
Charges Breakdown by Lending Institutions
- Standard Chartered Bank : 37.61 Cr
- Hdfc Bank Limited : 22.15 Cr
- Others : 1.09 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 23 Jul 2024 | Others | ₹1.09 Cr | Open |
| 08 Jan 2024 | Standard Chartered Bank | ₹6.83 Cr | Open |
| 08 Jan 2024 | Standard Chartered Bank | ₹1.17 Cr | Open |
| 15 Sep 2023 | Hdfc Bank Limited | ₹1.00 M | Open |
| 31 Aug 2023 | Hdfc Bank Limited | ₹0.50 M | Open |
How Many Employees Work at Avanti Overseas?
Avanti Overseas has a workforce of 809 employees as of Mar 22, 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 Overseas, 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 Overseas'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.
