Avanttec Laboratories Profile
Key Indicators
- Authorised Capital ₹ 4.00 M
as on 24-10-2024
- Paid Up Capital ₹ 4.00 M
as on 24-10-2024
- Company Age 21 Year, 9 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 1.11 Cr
as on 24-10-2024
- Revenue 32.59%
(FY 2023)
- Profit 22.75%
(FY 2023)
- Ebitda 13.10%
(FY 2023)
- Net Worth 20.83%
(FY 2023)
- Total Assets 18.14%
(FY 2023)
About Avanttec Laboratories
The Company is engaged in the Healthcare 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 4.00 M and a paid-up capital of Rs 4.00 M.
The company currently has active open charges totaling ₹1.11 Cr.
Mani Achudhan, Baby George, Achudhan Janaki, and Six other members serve as directors at the Company.
- CIN/LLPIN
U73100TN2003PTC050533
- Company No.
050533
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
19 Mar 2003
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Chennai
Industry
Company Details
- Location
Tiruvallur, Tamil Nadu, India
- Telephone
- Email Address
- Website
- Social Media
Who are the key members and board of directors at Avanttec Laboratories?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Achudhan Swarup  | Managing Director | 01-Dec-2011 | Current |
Board Members(8)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Logu Achudhan | Whole-Time Director | 18-May-2018 | Current |
| Mani Achudhan | Director | 19-Mar-2003 | Current |
| Baby George | Director | 19-Mar-2003 | Current |
| Achudhan Janaki | Whole-Time Director | 01-Dec-2011 | Current |
| Ramachandran Ramesh | Director | 01-Dec-2011 | Current |
| Kayalvizhi Sivaraman | Director | 01-Dec-2011 | Current |
Financial Performance and Corporate Structure Insights of Avanttec Laboratories.
Avanttec Laboratories Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 32.59% increase. The company also saw a substantial improvement in profitability, with a 22.75% increase in profit. The company's net worth Soared by an impressive increase of 20.83%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Avanttec Laboratories?
In 2023, Avanttec Laboratories had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Avant - Tec Medical Systems Private LimitedActive 29 years 3 monthsMani Achudhan, Baby George and 1 more are mutual person
India Vepro Medical Informatics Private LimitedActive 19 years 9 monthsMani Achudhan, Achudhan Janaki and 1 more are mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Hdfc Bank Limited Creation Date: 21 Dec 2022 | ₹9.30 M | Open |
Others Creation Date: 06 Jun 2022 | ₹1.77 M | Open |
Others Creation Date: 17 Jul 2021 | ₹0.05 M | Open |
How Many Employees Work at Avanttec Laboratories?
Avanttec Laboratories has a workforce of 38 employees as of Apr 05, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Avanttec Laboratories, 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 Avanttec Laboratories's trajectory.
Rating
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
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.
