Avantika Chemicals And Metals Pvt Ltd

Chemical manufacturing and trading company established in 1975, based in Jaipur.

1975 | Industrial Area, Jaipur-1., Rajasthan (India) | Active
Last Updated: June 16, 2024

Avantika Chemicals And Metals Profile

Key Indicators

  • Authorised Capital ₹ 2.50 M
  • Paid Up Capital ₹ 2.44 M
  • Company Age 49 Year, 3 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 1.43 Cr
  • Satisfied Charges ₹ 2.00 M
  • Revenue Growth 50.12%
  • Profit Growth 104.49%
  • Ebitda -7.01%
  • Net Worth 24.69%
  • Total Assets -15.26%

About Avantika Chemicals And Metals

Avantika Chemicals And Metals Pvt Ltd (ACAMPL) is a Private Limited Indian Non-Government Company incorporated in India on 25 October 1975 and has a history of 49 years and three months. Its registered office is in Industrial Area, Jaipur-1., Rajasthan, India.

The Corporate was formerly known as Thirani Metals Private Limited. The Company is engaged in the Chemicals And Materials 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 2.50 M and a paid-up capital of Rs 2.44 M.

The company currently has active open charges totaling ₹1.43 Cr. The company has closed loans amounting to ₹2.00 M, as per Ministry of Corporate Affairs (MCA) records.

Mahendra Garg, Narindra Garg, Anita Garg, and One other member serve as directors at the Company.

Company Details

  • Location

    Industrial Area, Jaipur-1., Rajasthan, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U27101RJ1975PTC001656

  • Company No.

    001656

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    25 Oct 1975

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Jaipur

Industry

Chemicals and Materials

What products or services does Avantika Chemicals And Metals Pvt Ltd offer?

Avantika Chemicals And Metals Pvt Ltd offers a wide range of products and services, including Aluminum Wires, DPC Aluminium Wires, Furnace Slag, Casting Powder, Nozzle Filling Compound, Industrial Chemicals & Supplies, Foundry Chemicals, Die Casting & Investment Castings, Tundish Board, Electrical Conductors.

Who are the key members and board of directors at Avantika Chemicals And Metals?

Board Members (4)

NameDesignationAppointment DateStatus
Surendra Garg Country flag representing In Director 25-Jun-1994Current
Narindra Garg Country flag representing In Director 24-Jun-1994Current
Mahendra Garg Country flag representing In Director 11-Jan-1986Current
Anita Garg Country flag representing In Director 24-Jun-1994Current

Financial Performance of Avantika Chemicals And Metals.

Avantika Chemicals And Metals Pvt Ltd, for the financial year ended 2023, experienced significant growth in revenue, with a 50.12% increase. The company also saw a substantial improvement in profitability, with a 104.49% increase in profit. The company's net worth Soared by an impressive increase of 24.69%.

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
50.12%
Revenue from Operations
49.69%
Total Assets
-15.26%
Profit or Loss
104.49%
Net Worth
24.69%
EBITDA
-7.01%

What is the Ownership and Shareholding Structure of Avantika Chemicals And Metals?

In 2023, Avantika Chemicals And Metals had a promoter holding of 76.33% and a public holding of 23.67%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹14.31 M

Satisfied Charges

₹2.00 M

Charges Breakdown by Lending Institutions

  • Others : 1.18 Cr
  • The Bank Of Rajasthan Ltd. : 0.25 Cr

Latest Charge Details

DateLenderAmountStatus
23 Jul 2020Others₹0.81 MOpen
25 Mar 2010The Bank Of Rajasthan Ltd.₹2.50 MOpen
06 Sep 2008Others₹1.10 CrOpen
04 Nov 1999Dena Bank₹2.00 MSatisfied

How Many Employees Work at Avantika Chemicals And Metals?

Unlock and access historical data on people associated with Avantika Chemicals And Metals, 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 Avantika Chemicals And 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 Avantika Chemicals And 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 Avantika Chemicals And Metals

Recent activity within the organization

  • Annual General Meeting

    Avantika Chemicals And Metals Pvt Ltd last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Charges

    A charge with Others of Rs. 11.00 M registered on 06 Sep 2008 with Charge ID 10121794 was modified on 28 Jun 2023.

    28 Jun 2023

  • Balance Sheet

    Avantika Chemicals And Metals Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Jaipur.

    31 Mar 2023

  • Charges

    A charge with Others amounted to Rs. 0.81 M with Charge ID 100355291 was registered on 23 Jul 2020.

    23 Jul 2020

  • Charges

    A charge with The Bank Of Rajasthan Ltd. amounted to Rs. 2.50 M with Charge ID 10214065 was registered on 25 Mar 2010.

    25 Mar 2010

  • Charges

    A charge with Others amounted to Rs. 11.00 M with Charge ID 10121794 was registered on 06 Sep 2008.

    06 Sep 2008

Frequently asked questions

  • Avantika Chemicals And Metals Pvt Ltd was incorporated on 25 Oct 1975.

  • The authorized share capital of Avantika Chemicals And Metals Pvt Ltd is ₹ 2.50 M and paid-up capital is ₹ 2.44 M.

  • Currently 4 directors are associated with Avantika Chemicals And Metals Pvt Ltd.

    • Mahendra Kumar Garg
    • Narindra Kumar Garg
    • Anita Garg
    • Surendra Garg
  • As per Ministry of Corporate Affairs (Mca), the registered address of Avantika Chemicals And Metals Pvt Ltd is E-48 Roadno.2 Vishwakarmaindustrial Area Jaipur-1. Industrial Area Jaipur-1., Rajasthan, India.

  • The corporate identification number (CIN) of Avantika Chemicals And Metals Pvt Ltd is U27101RJ1975PTC001656 and the company number is 001656 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Avantika Chemicals And Metals Pvt Ltd has risen by 50.12%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Avantika Chemicals And Metals Pvt Ltd has experienced an upsurge of 24.69%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Avantika Chemicals And Metals Pvt Ltd amount to ₹ 1.43 Cr.

  • The most recent Balance Sheet for Avantika Chemicals And Metals Pvt Ltd was filed with the ROC on 31 Mar 2023.