Avantika Elcon Private Limited

Manufactures automobile parts and accessories.

1996 | Delhi (India) | Active
Last Updated: December 26, 2024

Avantika Elcon Profile

Key Indicators

  • Authorised Capital ₹ 5.25 Cr
  • Paid Up Capital ₹ 1.92 Cr
  • Company Age 28 Year, 9 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 10.50 Cr
  • Satisfied Charges ₹ 3.70 Cr
  • Revenue Growth 35.34%
  • Profit Growth 9.30%
  • Ebitda -77.94%
  • Net Worth 0.29%
  • Total Assets 42.94%

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 28 years and nine months. 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.

Anshu Agarwal, Shikha Garg, and Naman Goyal 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

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

Board Members (3)

Name Designation Appointment Date Status
Anshu Agarwal Country flag representing In Director 01-Feb-2013 Current
Shikha Garg Country flag representing In Director 22-Dec-2020 Current
Naman Goyal Country flag representing In Additional Director 05-Aug-2022 Current

Financial Performance of Avantika Elcon.

Avantika Elcon Private Limited, for the financial year ended 2021, experienced significant growth in revenue, with a 35.34% increase. The company also saw a slight improvement in profitability, with a 9.3% increase in profit. The company's net worth moved up by a moderate rise of 0.29%.

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
35.34%
Revenue from Operations
38.28%
Total Assets
42.94%
Profit or Loss
9.30%
Net Worth
0.29%
EBITDA
-77.94%

What is the Ownership and Shareholding Structure of Avantika Elcon?

In 2021, Avantika Elcon had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

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

Date Lender Amount Status
28 Dec 2021 Others ₹7.00 Cr Open
04 Jun 2021 Others ₹5.00 M Open
02 Mar 2021 Others ₹3.00 Cr Open
09 Oct 2020 Bank Of India ₹1.98 M Satisfied
25 Jun 2020 Bank Of India ₹1.00 M Satisfied

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.

Graph showing employee growth trends

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.

    26 Dec 2023

  • Balance Sheet

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

    31 Mar 2023

  • 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 5 months .

    05 Aug 2022

  • Charges

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

    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.

    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.

    17 Nov 2021

Frequently asked questions

  • Avantika Elcon Private Limited was incorporated on 16 Apr 1996.

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

  • Currently 3 directors are associated with Avantika Elcon Private Limited.

    • Anshu Agarwal
    • Shikha Garg
    • Naman Goyal
  • 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.

  • 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).

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

  • According to the financial reports for the fiscal year 2021, the revenue trend for Avantika Elcon Private Limited has risen by 35.34%.

  • As Per 2021 financial reports, 14 employees are currently employed by Avantika Elcon Private Limited.

  • The financial reports for the fiscal year 2021 indicates that The net worth of Avantika Elcon Private Limited has experienced an upsurge of 0.29%.

  • As per the financial statements for fiscal Year 2021, The total open charges for Avantika Elcon Private Limited amount to ₹ 10.50 Cr.

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

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