Avco Power Profile
Key Indicators
- Authorised Capital ₹ 3.00 Cr
- Paid Up Capital ₹ 2.46 Cr
- Company Age 4 Year, 8 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 22.72 Cr
- Revenue Growth %
- Profit Growth -123.69%
- Ebitda -125.30%
- Net Worth -362.91%
- Total Assets 145.65%
About Avco Power
Avco Power Private Limited (APPL) is a Private Limited Indian Non-Government Company incorporated in India on 29 June 2020 (Four years and eight months 6 days old ). Its registered office is in Kolkata, West Bengal, India.
The Company is engaged in the Energy And Power 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 3.00 Cr and a paid-up capital of Rs 2.46 Cr.
The company currently has active open charges totaling ₹22.72 Cr.
Jigar Avalani and Rupen Avalani serve as directors at the Company.
Company Details
- Location
Kolkata, West Bengal, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U31100WB2020PTC237724
- Company No.
237724
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
29 Jun 2020
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Kolkata
Industry
Energy and Power
Who are the key members and board of directors at Avco Power?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Rupen Avalani  | Managing Director | 29-Jun-2020 | Current |
Board Members (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Jigar Avalani | Director | 29-Jun-2020 | Current |
Financial Performance of Avco Power.
Avco Power Private Limited, for the financial year ended 2023, experienced no change in revenue, with a 0% increase. The company also saw a substantial fall in profitability, with a 123.69% decrease in profit. The company's net worth observed a substantial decline by a decrease of 362.91%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Avco Power?
Unlock access to Avco Power'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.
Related Corporates (Common Directorship)
Modern Solar Private LimitedJigar Avalani and Rupen Avalani are mutual person
All India Solar Industries AssociationJigar Avalani is a mutual person
- Avco Energy Private Limited
Jigar Avalani and Rupen Avalani are mutual person
Lahar Dealcomm Pvt LtdJigar Avalani and Rupen Avalani are mutual person
- Innocent Commodities Private Limited.
Jigar Avalani and Rupen Avalani are mutual person
Charges (Loans)
Open Charges
₹22.72 Cr
Satisfied Charges
₹0
Charges Breakdown by Lending Institutions
- Others : 22.72 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 04 Jan 2023 | Others | ₹22.72 Cr | Open |
How Many Employees Work at Avco Power?
Unlock and access historical data on people associated with Avco Power, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Avco Power, 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 Power'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.
Latest Updates, News, and FAQs on Avco Power
Recent activity within the organization
- Annual General Meeting
Avco Power Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
- Balance Sheet
Avco Power Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Kolkata.
- Charges
A charge with Others amounted to Rs. 22.72 Cr with Charge ID 100687993 was registered on 04 Jan 2023.
- Director Appointment
Jigar Ramniklal Avalani was appointed as a Director was appointed as a Director on 29 Jun 2020 & has been associated with this company since 4 years 8 months .
- Director Appointment
Rupen Ramniklal Avalani was appointed as a Managing Director was appointed as a Managing Director on 29 Jun 2020 & has been associated with this company since 4 years 8 months .
- Company Incorporation
Avco Power Private Limited was registered on 29 Jun 2020 with Roc Kolkata & aged 4 years 8 months as per MCA records.
Frequently asked questions
What is the Incorporation or founding date of Avco Power Private Limited?
Avco Power Private Limited was incorporated on 29 Jun 2020.
What is authorized share capital and paid-up capital of Avco Power Private Limited?
The authorized share capital of Avco Power Private Limited is ₹ 3.00 Cr and paid-up capital is ₹ 2.46 Cr.
Who are the current board members & directors of Avco Power Private Limited?
Currently 2 directors are associated with Avco Power Private Limited.
- Jigar Ramniklal Avalani
- Rupen Ramniklal Avalani
What is the registered address of Avco Power Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Avco Power Private Limited is Sukh Sagar Bl-B 2-Fr Fl-E-2, 2/5 Sarat Bose Road India, Kolkata, West Bengal, 700020.
What is the corporate identification number (CIN) and company number of Avco Power Private Limited?
The corporate identification number (CIN) of Avco Power Private Limited is U31100WB2020PTC237724 and the company number is 237724 as per Ministry of Corporate Affairs (MCA).
What is the official website of Avco Power Private Limited?
The Official website of Avco Power Private Limited is https://www.avcoenergy.in
What change has been observed in the net worth of Avco Power Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Avco Power Private Limited has experienced an downturn of -362.91%.
What are the total open charges for Avco Power Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Avco Power Private Limited amount to ₹ 22.72 Cr.
When was the last Balance Sheet of Avco Power Private Limited filed with the ROC?
The most recent Balance Sheet for Avco Power Private Limited was filed with the ROC on 31 Mar 2023.