Avdel (India) Profile
Key Indicators
- Authorised Capital ₹ 3.00 Cr
- Paid Up Capital ₹ 1.72 Cr
- Company Age 63 Year, 10 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 25.54 Cr
- Satisfied Charges ₹ 10.22 Cr
- Revenue Growth -56.52%
- Profit Growth -120.11%
- Ebitda -133.51%
- Net Worth -8.11%
- Total Assets 38.25%
About Avdel (India)
Avdel (India) Private Limited (AIPL) was founded in India on 29 March 1961 and has a glorious history of 63 years and ten months. Its registered office is in Mumbai, Maharashtra, India.
The Company is engaged in the Engineering 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 1.72 Cr.
The company currently has active open charges totaling ₹25.54 Cr. The company has closed loans amounting to ₹10.22 Cr, as per Ministry of Corporate Affairs (MCA) records.
Sameer Bulchandani, Lachhman Kewalramani, Tara Bulchandani, and One other member serve as directors at the Company.
Company Details
- Location
Mumbai, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U28990MH1961PTC011971
- Company No.
011971
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
29 Mar 1961
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
What products or services does Avdel (India) Private Limited offer?
Avdel (India) Private Limited offers a wide range of products and services, including Automotive Components, Natural Fibers, Prepreg Carbon Fiber.
Who are the key members and board of directors at Avdel (India)?
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Sameer Bulchandani  | Director | 27-Apr-1992 | Current |
Divya Bulchandani  | Director | 30-Nov-2021 | Current |
| Lachhman Kewalramani | Director | 30-Oct-1992 | Current |
| Tara Bulchandani | Director | 30-Nov-2021 | Current |
Financial Performance of Avdel (India).
Avdel (India) Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 56.52% decrease. The company also saw a substantial fall in profitability, with a 120.11% decrease in profit. The company's net worth dipped by a decrease of 8.11%.
- Key Matrics
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What is the Ownership and Shareholding Structure of Avdel (India)?
In 2023, Avdel (India) 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)
Avlock International India Private LimitedSameer Bulchandani is a mutual person
Fly Avcare Aviation (India) LlpSameer Bulchandani, Tara Bulchandani and 1 more are mutual person
Divaanta Trading LlpSameer Bulchandani, Tara Bulchandani and 1 more are mutual person
- Ramon Publications Private Limited
Sameer Bulchandani, Tara Bulchandani and 1 more are mutual person
- Rodessa Holdings Pvt Ltd
Sameer Bulchandani, Tara Bulchandani and 1 more are mutual person
- Tz 11 Eleven Llp
Tara Bulchandani is a mutual person
Charges (Loans)
₹25.54 Cr
₹10.22 Cr
Charges Breakdown by Lending Institutions
- Others : 15.00 Cr
- Hdfc Bank Limited : 10.54 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 07 Jun 2024 | Others | ₹15.00 Cr | Open |
| 31 Jul 2012 | Hdfc Bank Limited | ₹10.54 Cr | Open |
| 20 Feb 2008 | Citi Bank N.A. | ₹6.20 Cr | Satisfied |
| 04 Feb 2008 | Citi Bank N.A. | ₹1.25 Cr | Satisfied |
| 18 Jul 2007 | Citibank N. A. | ₹2.00 Cr | Satisfied |
How Many Employees Work at Avdel (India)?
Avdel (India) has a workforce of 30 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 Avdel (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 Avdel (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.
