Avcon Technics Private Limited

Provides flooring solutions, manufactures construction chemicals, and designs specialty concrete floors for various industries.

1994 | Pune, Maharashtra (India) | Active
Last Updated: November 16, 2024

Avcon Technics Profile

Key Indicators

  • Authorised Capital ₹ 0.50 M
  • Paid Up Capital ₹ 0.50 M
  • Company Age 30 Year, 6 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 9.52 Cr
  • Satisfied Charges ₹ 12.25 Cr
  • Revenue Growth 46.42%
  • Profit Growth 453.65%
  • Ebitda 108.24%
  • Net Worth 18.03%
  • Total Assets 21.93%

About Avcon Technics

Avcon Technics Private Limited (ATPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 28 July 1994 and has a history of 30 years and six months. Its registered office is in Pune, Maharashtra, India.

The Company is engaged in the Manufacturing 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 0.50 M and a paid-up capital of Rs 0.50 M.

The company currently has active open charges totaling ₹9.52 Cr. The company has closed loans amounting to ₹12.25 Cr, as per Ministry of Corporate Affairs (MCA) records.

Ajay Singam and Anjali Singam serve as directors at the Company.

Company Details

  • Location

    Pune, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U51909MH1994PTC079912

  • Company No.

    079912

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    28 Jul 1994

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Pune

Industry

Manufacturing

What products or services does Avcon Technics Private Limited offer?

Avcon Technics Private Limited offers a wide range of products and services, including Vinyl, Plastic & Rubber Floor Tiles, Commercial & Domestic Floorings, Epoxy Flooring, Cement and Concrete, Mortar, Bricks & Construction Aggregates, Construction Aggregates, Metal Finishing & Coating Services, Coating Services, FRP Lining, PU & Powder Coatings.

Who are the key members and board of directors at Avcon Technics?

Board Members (2)

Name Designation Appointment Date Status
Anjali Singam Country flag representing In Director 19-Nov-2010 Current
Ajay Singam Country flag representing In Director 28-Jul-1994 Current

Financial Performance of Avcon Technics.

Avcon Technics Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 46.42% increase. The company also saw a substantial improvement in profitability, with a 453.65% increase in profit. The company's net worth Soared by an impressive increase of 18.03%.

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
46.42%
Revenue from Operations
46.18%
Total Assets
21.93%
Profit or Loss
453.65%
Net Worth
18.03%
EBITDA
108.24%

What is the Ownership and Shareholding Structure of Avcon Technics?

In 2023, Avcon Technics 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

₹95.23 M

Satisfied Charges

₹122.45 M

Charges Breakdown by Lending Institutions

  • Others : 7.39 Cr
  • Tata Capital Financial Services Limited : 2.13 Cr

Latest Charge Details

Date Lender Amount Status
27 Dec 2023 Others ₹1.44 Cr Open
31 May 2023 Tata Capital Financial Services Limited ₹9.86 M Open
27 Jul 2022 Tata Capital Financial Services Limited ₹6.44 M Open
26 Feb 2020 Others ₹5.95 Cr Open
30 Sep 2017 Tata Capital Financial Services Limited ₹5.03 M Open

How Many Employees Work at Avcon Technics?

Avcon Technics has a workforce of 177 employees as of Apr 04, 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 Avcon Technics, 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 Avcon Technics'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 Avcon Technics

Recent activity within the organization

  • Annual General Meeting

    Avcon Technics Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Charges

    A charge with Others of Rs. 59.50 M registered on 26 Feb 2020 with Charge ID 100381467 was modified on 06 Sep 2024.

    06 Sep 2024

  • Balance Sheet

    Avcon Technics Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Pune.

    31 Mar 2024

  • Charges

    A charge with Others amounted to Rs. 14.40 M with Charge ID 100850084 was registered on 27 Dec 2023.

    27 Dec 2023

  • Charges

    A charge with Tata Capital Financial Services Limited amounted to Rs. 9.86 M with Charge ID 100736140 was registered on 31 May 2023.

    31 May 2023

  • Charges

    A charge with Tata Capital Financial Services Limited amounted to Rs. 6.44 M with Charge ID 100605344 was registered on 27 Jul 2022.

    27 Jul 2022

Frequently asked questions

  • Avcon Technics Private Limited was incorporated on 28 Jul 1994.

  • The authorized share capital of Avcon Technics Private Limited is ₹ 0.50 M and paid-up capital is ₹ 0.50 M.

  • Currently 2 directors are associated with Avcon Technics Private Limited.

    • Ajay Mahadeo Singam
    • Anjali Ajay Singam
  • As per Ministry of Corporate Affairs (Mca), the registered address of Avcon Technics Private Limited is 2 Vastu Chaya 326, Navi Peth India, Pune, Maharashtra, 411030.

  • The corporate identification number (CIN) of Avcon Technics Private Limited is U51909MH1994PTC079912 and the company number is 079912 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Avcon Technics Private Limited is https://www.avcontechnics.co.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Avcon Technics Private Limited has risen by 46.42%.

  • As Per 2023 financial reports, 177 employees are currently employed by Avcon Technics Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Avcon Technics Private Limited has experienced an upsurge of 18.03%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Avcon Technics Private Limited amount to ₹ 9.52 Cr.

  • The most recent Balance Sheet for Avcon Technics Private Limited was filed with the ROC on 31 Mar 2024.

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