Avdesh Tracks Pvt Ltd
Manufactures and sells railway track fitting raw materials, including rolling mill and steel castings.
1988 | Ropar, Punjab (India) | Active
Avdesh Tracks Profile
Key Indicators
- Authorised Capital ₹ 7.50 M
- Paid Up Capital ₹ 7.00 M
- Company Age 37 Year, 1 Month
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 26.38 Cr
- Satisfied Charges ₹ 43.23 Cr
- Revenue Growth -42.29%
- Profit Growth -83.76%
- Ebitda -39.74%
- Net Worth 3.36%
- Total Assets -27.71%
About Avdesh Tracks
Avdesh Tracks Pvt Ltd (ATPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 23 March 1988 and has a history of 37 years and one month. Its registered office is in Ropar, Punjab.
The Company is engaged in the Transport And Logistics 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 7.50 M and a paid-up capital of Rs 7.00 M.
The company currently has active open charges totaling ₹26.38 Cr. The company has closed loans amounting to ₹43.23 Cr, as per Ministry of Corporate Affairs (MCA) records.
Anubhav Garg and Bindu Garg serve as directors at the Company.
Company Details
- Location Ropar, Punjab
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U27203PB1988PTC008146
- Company No.
008146
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
23 Mar 1988
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Chandigarh
Industry
Transport and Logistics
What products or services does Avdesh Tracks Pvt Ltd offer?
Avdesh Tracks Pvt Ltd offers a wide range of products and services, including Railway, Railroad & Train Components, Railway Track Fittings.
Avdesh Tracks Pvt Ltd
Explore comprehensive data for Avdesh Tracks Pvt Ltd, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Avdesh Tracks?
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Anubhav Garg  | Director | 15-Mar-2004 | Current |
| Bindu Garg | Whole-Time Director | 23-Mar-1988 | Current |
Financial Performance of Avdesh Tracks.
Avdesh Tracks Pvt Ltd, for the financial year ended 2023, experienced significant reduction in revenue, with a 42.29% decrease. The company also saw a substantial fall in profitability, with a 83.76% decrease in profit. The company's net worth moved up by a moderate rise of 3.36%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Avdesh Tracks?
In 2023, Avdesh Tracks had a promoter holding of 86.57% and a public holding of 13.43%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
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- Avdesh Automobiles Private Limited
Anubhav Garg and Bindu Garg are mutual person
- Grill On My Plate Private Limited
Anubhav Garg is a mutual person
- Suprasaad Foods & Beverages Private Limited
Anubhav Garg is a mutual person
- Vizvit Consultants Private Limited
Anubhav Garg and Bindu Garg are mutual person
Charges (Loans)
Open Charges
₹263.84 M
Satisfied Charges
₹432.34 M
Charges Breakdown by Lending Institutions
- State Bank Of India : 14.85 Cr
- Others : 8.50 Cr
- Sidbi : 3.00 Cr
- Srei Equipment Finance Private Limited : 0.03 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 31 May 2024 | Others | ₹8.50 Cr | Open |
| 04 Nov 2023 | State Bank Of India | ₹2.30 M | Open |
| 18 Aug 2020 | Sidbi | ₹3.00 Cr | Open |
| 03 Oct 2013 | Srei Equipment Finance Private Limited | ₹0.34 M | Open |
| 04 Nov 1993 | State Bank Of India | ₹14.62 Cr | Open |
How Many Employees Work at Avdesh Tracks?
Avdesh Tracks has a workforce of 85 employees as of Apr 06, 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 Avdesh Tracks, 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 Avdesh Tracks'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 Avdesh Tracks
Recent activity within the organization
- Charges
A charge with Others amounted to Rs. 85.00 M with Charge ID 100942924 was registered on 31 May 2024.
- Charges
A charge with State Bank Of India amounted to Rs. 2.30 M with Charge ID 100838015 was registered on 04 Nov 2023.
- Annual General Meeting
Avdesh Tracks Pvt Ltd last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
- Balance Sheet
Avdesh Tracks Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chandigarh.
- Charges
A charge with State Bank Of India of Rs. 146.20 M registered on 04 Nov 1993 with Charge ID 90177440 was modified on 23 Aug 2021.
- Charges
A charge registered on 01 Jan 2011 via Charge ID 10267623 with State Bank Of India was fully satisfied on 09 Feb 2021.
Frequently asked questions
What is the Incorporation or founding date of Avdesh Tracks Pvt Ltd?
Avdesh Tracks Pvt Ltd was incorporated on 23 Mar 1988.
What is authorized share capital and paid-up capital of Avdesh Tracks Pvt Ltd?
The authorized share capital of Avdesh Tracks Pvt Ltd is ₹ 7.50 M and paid-up capital is ₹ 7.00 M.
Who are the current board members & directors of Avdesh Tracks Pvt Ltd?
Currently 2 directors are associated with Avdesh Tracks Pvt Ltd.
- Anubhav Garg
- Bindu Garg
What is the registered address of Avdesh Tracks Pvt Ltd?
As per Ministry of Corporate Affairs (Mca), the registered address of Avdesh Tracks Pvt Ltd is D 51 Phase Vindustrial Estate Mohali India, Ropar, Punjab.
What is the corporate identification number (CIN) and company number of Avdesh Tracks Pvt Ltd?
The corporate identification number (CIN) of Avdesh Tracks Pvt Ltd is U27203PB1988PTC008146 and the company number is 008146 as per Ministry of Corporate Affairs (MCA).
What has been the recent revenue trend for Avdesh Tracks Pvt Ltd?
According to the financial reports for the fiscal year 2023, the revenue trend for Avdesh Tracks Pvt Ltd has fallen by -42.29%.
How many employees does Avdesh Tracks Pvt Ltd currently have?
As Per 2023 financial reports, 85 employees are currently employed by Avdesh Tracks Pvt Ltd.
What change has been observed in the net worth of Avdesh Tracks Pvt Ltd, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Avdesh Tracks Pvt Ltd has experienced an upsurge of 3.36%.
What are the total open charges for Avdesh Tracks Pvt Ltd?
As per the financial statements for fiscal Year 2023, The total open charges for Avdesh Tracks Pvt Ltd amount to ₹ 26.38 Cr.
When was the last Balance Sheet of Avdesh Tracks Pvt Ltd filed with the ROC?
The most recent Balance Sheet for Avdesh Tracks Pvt Ltd was filed with the ROC on 31 Mar 2023.
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