Avco Engineers Private Ltd.

This company trades motors, pumps, and pump sets and is an authorized dealer for Siemens and Bharat Bijlee.

1987 | Active
Last Updated: June 27, 2024

Avco Engineers Profile

Key Indicators

  • Authorised Capital ₹ 7.00 M
  • Paid Up Capital ₹ 2.80 M
  • Company Age 37 Year, 4 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 8.46 M
  • Revenue Growth 1.61%
  • Profit Growth 9.79%
  • Ebitda 35.22%
  • Net Worth 8.36%
  • Total Assets 16.84%

About Avco Engineers

Avco Engineers Private Ltd. (AEPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 21 September 1987 and has a history of 37 years and four months. Its registered office is in Na, Delhi.

The Company is engaged in the Machinery And Equipment 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 7.00 M and a paid-up capital of Rs 2.80 M.

The company currently has active open charges totaling ₹8.46 M.

Puran Adlakha, Rohit Adlakha, and Usha Adlakha serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    U74201DL1987PTC029284

  • Company No.

    029284

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    21 Sep 1987

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Delhi

Industry

Machinery and Equipment

What products or services does Avco Engineers Private Ltd. offer?

Avco Engineers Private Ltd. offers a wide range of products and services, including Electric Motors and Components, Used Electric Motor, Industrial Motors, Brake Motors, Gear Motor, Siemens Geared Motor.

Who are the key members and board of directors at Avco Engineers?

Board Members (3)

Name Designation Appointment Date Status
Rohit Adlakha Country flag representing In Director 01-Apr-1991 Current
Puran Adlakha Country flag representing In Director 21-Sep-1987 Current
Usha Adlakha Country flag representing In Director 01-Mar-1988 Current

Financial Performance of Avco Engineers.

Avco Engineers Private Ltd., for the financial year ended 2023, experienced modest growth in revenue, with a 1.61% increase. The company also saw a slight improvement in profitability, with a 9.79% increase in profit. The company's net worth moved up by a moderate rise of 8.36%.

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
1.61%
Revenue from Operations
1.61%
Total Assets
16.84%
Profit or Loss
9.79%
Net Worth
8.36%
EBITDA
35.22%

What is the Ownership and Shareholding Structure of Avco Engineers?

In 2023, Avco Engineers 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

₹8.46 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 0.75 Cr
  • Dena Bank : 0.10 Cr

Latest Charge Details

Date Lender Amount Status
29 Feb 2024 Hdfc Bank Limited ₹5.00 M Open
08 Aug 2022 Hdfc Bank Limited ₹1.01 M Open
09 Apr 2021 Hdfc Bank Limited ₹1.50 M Open
24 Apr 2006 Dena Bank ₹0.95 M Open
01 Feb 1994 Dena Bank ₹0.00 Satisfied

How Many Employees Work at Avco Engineers?

Unlock and access historical data on people associated with Avco Engineers, 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 Avco Engineers, 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 Avco Engineers'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 Avco Engineers

Recent activity within the organization

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 5.00 M with Charge ID 100878922 was registered on 29 Feb 2024.

    29 Feb 2024

  • Annual General Meeting

    Avco Engineers Private Ltd. last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Avco Engineers Private Ltd. has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Delhi.

    31 Mar 2023

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 1.01 M with Charge ID 100627339 was registered on 08 Aug 2022.

    08 Aug 2022

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 1.50 M with Charge ID 100450511 was registered on 09 Apr 2021.

    09 Apr 2021

  • Charges

    A charge registered on 01 Feb 1994 via Charge ID 80002929 with Dena Bank was fully satisfied on 12 May 2006.

    12 May 2006

Frequently asked questions

  • Avco Engineers Private Ltd. was incorporated on 21 Sep 1987.

  • The authorized share capital of Avco Engineers Private Ltd. is ₹ 7.00 M and paid-up capital is ₹ 2.80 M.

  • Currently 3 directors are associated with Avco Engineers Private Ltd..

    • Puran Lal Adlakha
    • Rohit Adlakha
    • Usha Adlakha
  • As per Ministry of Corporate Affairs (Mca), the registered address of Avco Engineers Private Ltd. is 6 Ajay Bijlee Market 2865-66Shah Ganj, G.B.Road India, Na, Delhi.

  • The corporate identification number (CIN) of Avco Engineers Private Ltd. is U74201DL1987PTC029284 and the company number is 029284 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Avco Engineers Private Ltd. is https://www.avcoengineers.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Avco Engineers Private Ltd. has risen by 1.61%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Avco Engineers Private Ltd. has experienced an upsurge of 8.36%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Avco Engineers Private Ltd. amount to ₹ 8.46 M.

  • The most recent Balance Sheet for Avco Engineers Private Ltd. was filed with the ROC on 31 Mar 2023.