Avanti Tubes Private Limited

Manufactures and distributes steel, iron, and metal tubes and pipes for industrial and domestic use.

2007 | Kolkata, West Bengal (India) | Active
Last Updated: December 27, 2024

Avanti Tubes Profile

Key Indicators

  • Authorised Capital ₹ 5.00 M
  • Paid Up Capital ₹ 4.18 M
  • Company Age 17 Year, 7 Months
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 23.50 Cr
  • Revenue Growth -99.77%
  • Profit Growth -99.84%
  • Ebitda 99.77%
  • Net Worth 0.67%
  • Total Assets -0.44%

About Avanti Tubes

Avanti Tubes Private Limited (ATPL) is a Private Limited Indian Non-Government Company incorporated in India on 28 June 2007 and has a history of 17 years and seven months. Its registered office is in Kolkata, West Bengal, India.

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 5.00 M and a paid-up capital of Rs 4.18 M.

The company has closed loans amounting to ₹23.50 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Sital Saraf, Swati Saraf, and Manish Jhunjhunwala serve as directors at the Company.

Company Details

  • Location

    Kolkata, West Bengal, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U27106WB2007PTC116859

  • Company No.

    116859

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    28 Jun 2007

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Kolkata

Industry

Metals and Minerals

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

Board Members (3)

Name Designation Appointment Date Status
Sital Saraf Country flag representing In Director 21-Mar-2022 Current
Swati Saraf Country flag representing In Director 21-Mar-2022 Current
Manish Jhunjhunwala Country flag representing In Director 05-Jan-2018 Current

Financial Performance of Avanti Tubes.

Avanti Tubes Private Limited, for the financial year ended 2021, experienced significant reduction in revenue, with a 99.77% decrease. The company also saw a substantial fall in profitability, with a 99.84% decrease in profit. The company's net worth moved up by a moderate rise of 0.67%.

Graph illustrating revenue growth over time
Graph showing 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
-99.77%
Revenue from Operations
Total Assets
-0.44%
Profit or Loss
-99.84%
Net Worth
0.67%
EBITDA
99.77%

What is the Ownership and Shareholding Structure of Avanti Tubes?

In 2022, Avanti Tubes had a public holding of 12.22%. 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

₹235.00 M

Charges Breakdown by Lending Institutions

  • Standard Chartered Bank : 9.50 Cr
  • Ing Vysya Bank Limited : 9.50 Cr
  • State Bank Of India : 4.50 Cr

Latest Charge Details

Date Lender Amount Status
21 Sep 2013 Ing Vysya Bank Limited ₹9.50 Cr Satisfied
25 Jun 2011 Standard Chartered Bank ₹9.50 Cr Satisfied
24 Mar 2010 State Bank Of India ₹4.50 Cr Satisfied

How Many Employees Work at Avanti Tubes?

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

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

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

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2024

  • Balance Sheet

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

    31 Mar 2024

  • Director Appointment

    Sital Kumar Saraf was appointed as a Director was appointed as a Director on 21 Mar 2022 & has been associated with this company since 2 years 10 months .

    21 Mar 2022

  • Director Appointment

    Swati Saraf was appointed as a Director was appointed as a Director on 21 Mar 2022 & has been associated with this company since 2 years 10 months .

    21 Mar 2022

  • Charges

    A charge registered on 21 Sep 2013 via Charge ID 10458233 with Ing Vysya Bank Limited was fully satisfied on 22 Jan 2020.

    22 Jan 2020

  • Director Appointment

    Manish Jhunjhunwala was appointed as a Director was appointed as a Director on 05 Jan 2018 & has been associated with this company since 7 years 28 days .

    05 Jan 2018

Frequently asked questions

  • Avanti Tubes Private Limited was incorporated on 28 Jun 2007.

  • The authorized share capital of Avanti Tubes Private Limited is ₹ 5.00 M and paid-up capital is ₹ 4.18 M.

  • Currently 3 directors are associated with Avanti Tubes Private Limited.

    • Sital Kumar Saraf
    • Swati Saraf
    • Manish Jhunjhunwala
  • As per Ministry of Corporate Affairs (Mca), the registered address of Avanti Tubes Private Limited is 4, Debendra Lal Khan Road Bl-F 5Th Floor Flat No 501 India, Kolkata, West Bengal, 700025.

  • The corporate identification number (CIN) of Avanti Tubes Private Limited is U27106WB2007PTC116859 and the company number is 116859 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2021, the revenue trend for Avanti Tubes Private Limited has fallen by -99.77%.

  • The financial reports for the fiscal year 2021 indicates that The net worth of Avanti Tubes Private Limited has experienced an upsurge of 0.67%.

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

Similar Companies Based on Construction Materials Retail & Distribution