Avco Tech India Profile
Key Indicators
- Authorised Capital ₹ 1.50 M
- Paid Up Capital ₹ 1.50 M
- Company Age 15 Year, 7 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 2.50 M
- Revenue Growth 11.76%
- Profit Growth -10.04%
- Ebitda -11.15%
- Net Worth 6.31%
- Total Assets 4.18%
About Avco Tech India
Avco Tech India Private Limited (ATIPL) is a Private Limited Indian Non-Government Company incorporated in India on 03 July 2009 and has a history of 15 years and seven months. Its registered office is in Bangalore, Karnataka, India.
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 1.50 M and a paid-up capital of Rs 1.50 M.
The company currently has active open charges totaling ₹2.50 M.
Venumadhavan Vadukoot, Sasidharan Nair, and Anil Kamat serve as directors at the Company.
Company Details
- Location
Bangalore, Karnataka, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media -
Corporate Identity Details
- CIN/LLPIN
U29130KA2009PTC050311
- Company No.
050311
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
03 Jul 2009
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Bangalore
Industry
What products or services does Avco Tech India Private Limited offer?
Avco Tech India Private Limited offers a wide range of products and services, including Industrial Valves & Valve Fittings, Pneumatic Valves, Industrial Valves.
Who are the key members and board of directors at Avco Tech India?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Venumadhavan Vadukoot  | Managing Director | 03-Jul-2009 | Current |
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Sasidharan Nair | Whole-Time Director | 25-Feb-2011 | Current |
| Anil Kamat | Whole-Time Director | 22-Sep-2012 | Current |
Financial Performance of Avco Tech India.
Avco Tech India Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 11.76% increase. The company also saw a substantial fall in profitability, with a 10.04% decrease in profit. The company's net worth moved up by a moderate rise of 6.31%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Avco Tech India?
In 2023, Avco Tech India had a promoter holding of 15.83% and a public holding of 84.17%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Charges (Loans)
₹2.50 M
₹0
Charges Breakdown by Lending Institutions
- Bank Of India : 0.25 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 23 Apr 2012 | Bank Of India | ₹2.50 M | Open |
How Many Employees Work at Avco Tech India?
Unlock and access historical data on people associated with Avco Tech India, 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 Tech India, 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 Tech India'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.
