Avantika Metal Udyog Pvt Ltd

Manufacturer of chemical products and metals since 1965, based in West Bengal.

1965 | Kolkata, West Bengal (India) | Active
Last Updated: December 19, 2024

Avantika Metal Udyog Profile

Key Indicators

  • Authorised Capital ₹ 2.50 M
  • Paid Up Capital ₹ 2.50 M
  • Company Age 60 Year, 1 Month
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 2.56 Cr
  • Satisfied Charges ₹ 6.50 M
  • Revenue Growth 20.40%
  • Profit Growth 33.28%
  • Ebitda -93.85%
  • Net Worth 14.66%
  • Total Assets 0.58%

About Avantika Metal Udyog

Avantika Metal Udyog Pvt Ltd (AMUPL) was founded in India on 16 January 1965 and has a glorious history of 60 years and one month.Its registered office is in Kolkata, West Bengal, India.

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 2024. It's a company limited by shares with an authorized capital of Rs 2.50 M and a paid-up capital of Rs 2.50 M.

The company currently has active open charges totaling ₹2.56 Cr. The company has closed loans amounting to ₹6.50 M, as per Ministry of Corporate Affairs (MCA) records.

Surendra Garg, Mahendra Garg, Vijendra Garg, and Two other members serve as directors at the Company.

Company Details

  • Location

    Kolkata, West Bengal, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    avantikametaludyog.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U27101WB1965PTC026331

  • Company No.

    026331

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    16 Jan 1965

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Kolkata

Industry

Chemicals and Materials

What products or services does Avantika Metal Udyog Pvt Ltd offer?

Avantika Metal Udyog Pvt Ltd offers a wide range of products and services, including Metal and Alloy Wires, Metal Wire, Industrial & Engineering Goods, Industrial Nozzles.

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

Board Members (5)

NameDesignationAppointment DateStatus
Surendra Garg Country flag representing In Director 17-Aug-2020Current
Narindra Garg Country flag representing In Director 16-Jan-1995Current
Mahendra Garg Country flag representing In Director 01-Jul-1994Current
Vijendra Garg Country flag representing In Director 01-Jul-1994Current
Sangeeta Garg Country flag representing In Director 04-Sep-2004Current

Financial Performance of Avantika Metal Udyog.

Avantika Metal Udyog Pvt Ltd, for the financial year ended 2022, experienced significant growth in revenue, with a 20.4% increase. The company also saw a substantial improvement in profitability, with a 33.28% increase in profit. The company's net worth Soared by an impressive increase of 14.66%.

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
20.40%
Revenue from Operations
19.34%
Total Assets
0.58%
Profit or Loss
33.28%
Net Worth
14.66%
EBITDA
-93.85%

What is the Ownership and Shareholding Structure of Avantika Metal Udyog?

In 2022, Avantika Metal Udyog had a promoter holding of 37.93% and a public holding of 62.07%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹25.55 M

Satisfied Charges

₹6.50 M

Charges Breakdown by Lending Institutions

  • Punjab National Bank : 2.46 Cr
  • Others : 0.07 Cr
  • Punjab Nation Bank : 0.03 Cr

Latest Charge Details

DateLenderAmountStatus
13 Aug 2020Others₹0.65 MOpen
14 Sep 2005Punjab National Bank₹2.11 CrOpen
12 Jun 1989Punjab Nation Bank₹0.30 MOpen
12 Jun 1989Punjab National Bank₹3.50 MOpen
17 Sep 2015Punjab National Bank₹6.50 MSatisfied

How Many Employees Work at Avantika Metal Udyog?

Avantika Metal Udyog has a workforce of 3 employees as of Mar 28, 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 Metal Udyog, 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 Metal Udyog'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 Metal Udyog

Recent activity within the organization

  • Annual General Meeting

    Avantika Metal Udyog Pvt Ltd last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Avantika Metal Udyog Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Kolkata.

    31 Mar 2024

  • Director Appointment

    Surendra Garg was appointed as a Director was appointed as a Director on 17 Aug 2020 & has been associated with this company since 4 years 6 months .

    17 Aug 2020

  • Charges

    A charge with Others amounted to Rs. 0.65 M with Charge ID 100365340 was registered on 13 Aug 2020.

    13 Aug 2020

  • Charges

    A charge registered on 17 Sep 2015 via Charge ID 10596619 with Punjab National Bank was fully satisfied on 05 Jan 2016.

    05 Jan 2016

  • Charges

    A charge with Punjab National Bank amounted to Rs. 6.50 M with Charge ID 10596619 was registered on 17 Sep 2015.

    17 Sep 2015

Frequently asked questions

  • Avantika Metal Udyog Pvt Ltd was incorporated on 16 Jan 1965.

  • The authorized share capital of Avantika Metal Udyog Pvt Ltd is ₹ 2.50 M and paid-up capital is ₹ 2.50 M.

  • Currently 5 directors are associated with Avantika Metal Udyog Pvt Ltd.

    • Surendra Garg
    • Mahendra Kumar Garg
    • Vijendra Kumar Garg
    • Sangeeta Garg
    • Narindra Kumar Garg
  • As per Ministry of Corporate Affairs (Mca), the registered address of Avantika Metal Udyog Pvt Ltd is 23A Netaji Subhas Roadroom No 17 India, Kolkat, West Bengal, 700001.

  • The corporate identification number (CIN) of Avantika Metal Udyog Pvt Ltd is U27101WB1965PTC026331 and the company number is 026331 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Avantika Metal Udyog Pvt Ltd is https://www.avantikametaludyog.com

  • According to the financial reports for the fiscal year 2022, the revenue trend for Avantika Metal Udyog Pvt Ltd has risen by 20.40%.

  • As Per 2022 financial reports, 3 employees are currently employed by Avantika Metal Udyog Pvt Ltd.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Avantika Metal Udyog Pvt Ltd has experienced an upsurge of 14.66%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Avantika Metal Udyog Pvt Ltd amount to ₹ 2.56 Cr.

  • The most recent Balance Sheet for Avantika Metal Udyog Pvt Ltd was filed with the ROC on 31 Mar 2024.