Avantika Elcon Private Limited

Manufactures automobile parts and accessories.

1996 | Delhi (India) | Active
Last Updated:

Avantika Elcon Profile

Key Indicators

  • Authorised Capital ₹ 5.25 Cr
  • Paid Up Capital ₹ 1.92 Cr
  • Company Age 29 Year, 28 Days
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 10.50 Cr
  • Satisfied Charges ₹ 3.70 Cr
  • Revenue Growth -56.31%
  • Profit Growth 104.44%
  • Ebitda -89.60%
  • Net Worth 0.12%
  • Total Assets 10.35%

About Avantika Elcon

Avantika Elcon Private Limited (AEPL) is a Private Limited Indian Non-Government Company incorporated in India on 16 April 1996 and has a history of 29 years. Its registered office is in Delhi, India.

The Company is engaged in the Automotive 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 5.25 Cr and a paid-up capital of Rs 1.92 Cr.

The company currently has active open charges totaling ₹10.50 Cr. The company has closed loans amounting to ₹3.70 Cr, as per Ministry of Corporate Affairs (MCA) records.

Naman Goyal, Shikha Garg, and Anshu Agarwal serve as directors at the Company.

Company Details

  • Location

    Delhi, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U31102DL1996PTC078186

  • Company No.

    078186

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    16 Apr 1996

  • Date of AGM

    26 Dec 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Delhi

Industry

Automotive
Machinery and Equipment
Company report

Avantika Elcon Private Limited

Explore comprehensive data for Avantika Elcon Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Avantika Elcon?

Board Members (3)

NameDesignationAppointment DateStatus
Naman Goyal Country flag representing In Additional Director 05-Aug-2022Current
Shikha Garg Country flag representing In Director 22-Dec-2020Current
Anshu Agarwal Country flag representing In Director 01-Feb-2013Current

Financial Performance of Avantika Elcon.

Avantika Elcon Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 56.31% decrease. The company also saw a substantial improvement in profitability, with a 104.44% increase in profit. The company's net worth moved up by a moderate rise of 0.12%.

Avantika Elcon revenue growth over time
Avantika Elcon 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
-56.31%
Revenue from Operations
-56.25%
Total Assets
10.35%
Profit or Loss
104.44%
Net Worth
0.12%
EBITDA
-89.60%

What is the Ownership and Shareholding Structure of Avantika Elcon?

Unlock access to Avantika Elcon's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹10.50 Cr

Satisfied Charges

₹3.70 Cr

Charges Breakdown by Lending Institutions

  • Others : 10.50 Cr

Latest Charge Details

DateLenderAmountStatus
28 Dec 2021Others₹7.00 CrOpen
04 Jun 2021Others₹5.00 MOpen
02 Mar 2021Others₹3.00 CrOpen
09 Oct 2020Bank Of India₹1.98 MSatisfied
25 Jun 2020Bank Of India₹1.00 MSatisfied

How Many Employees Work at Avantika Elcon?

Avantika Elcon has a workforce of 14 employees as of Apr 06, 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.

Employee growth trends for Avantika Elcon Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Avantika Elcon, 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 Elcon'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 Elcon

Recent activity within the organization

  • Annual General Meeting

    Avantika Elcon Private Limited last Annual general meeting of members was held on 26 Dec 2023 as per latest MCA records.

  • Balance Sheet

    Avantika Elcon Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Delhi.

  • Director Appointment

    Naman Goyal was appointed as a Additional Director was appointed as a Additional Director on 05 Aug 2022 & has been associated with this company since 2 years 9 months .

  • Charges

    A charge with Others amounted to Rs. 7.00 Cr with Charge ID 100523838 was registered on 28 Dec 2021.

  • Charges

    A charge registered on 09 Oct 2020 via Charge ID 100382314 with Bank Of India was fully satisfied on 17 Nov 2021.

  • Charges

    A charge registered on 25 Jun 2020 via Charge ID 100368651 with Bank Of India was fully satisfied on 17 Nov 2021.

Frequently asked questions

  • What is the Incorporation or founding date of Avantika Elcon Private Limited?

    Avantika Elcon Private Limited was incorporated on 16 Apr 1996.

  • What is authorized share capital and paid-up capital of Avantika Elcon Private Limited?

    The authorized share capital of Avantika Elcon Private Limited is ₹ 5.25 Cr and paid-up capital is ₹ 1.92 Cr.

  • Who are the current board members & directors of Avantika Elcon Private Limited?

    Currently 3 directors are associated with Avantika Elcon Private Limited.

    • Naman Goyal
    • Shikha Garg
    • Anshu Agarwal

  • What is the registered address of Avantika Elcon Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Avantika Elcon Private Limited is 201 Composite House 170 Prajapat Nagar Opp.B-2, Gulmohar Park India, New Delhi, 110049.

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

    The corporate identification number (CIN) of Avantika Elcon Private Limited is U31102DL1996PTC078186 and the company number is 078186 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Avantika Elcon Private Limited?

    The Official website of Avantika Elcon Private Limited is https://www.aelcon.net

  • What has been the recent revenue trend for Avantika Elcon Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Avantika Elcon Private Limited has fallen by -56.31%.

  • How many employees does Avantika Elcon Private Limited currently have?

    As Per 2023 financial reports, 14 employees are currently employed by Avantika Elcon Private Limited.

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

    The financial reports for the fiscal year 2023 indicates that The net worth of Avantika Elcon Private Limited has experienced an upsurge of 0.12%.

  • What are the total open charges for Avantika Elcon Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Avantika Elcon Private Limited amount to ₹ 10.50 Cr.

  • When was the last Balance Sheet of Avantika Elcon Private Limited filed with the ROC?

    The most recent Balance Sheet for Avantika Elcon Private Limited was filed with the ROC on 31 Mar 2023.

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