Avdesh Tracks Pvt Ltd

Avdesh Tracks Pvt Ltd

Manufactures and sells railway track fitting raw materials, including rolling mill and steel castings.
1988 | Ropar, Punjab (India) | Active

Last Updated:

October 23, 2024
HomeCompanyAvdesh Tracks Pvt Ltd

Who are the key members and board of directors at Avdesh Tracks?

Board Members(2)

NameDesignationAppointment DateStatus
Anubhav Garg In Director 15-Mar-2004Current
Bindu Garg In Whole-Time Director 23-Mar-1988Current

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%.

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  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metric
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
-42.29%
Revenue from Operations
-42.53%
Total Assets
-27.71%
Profit or Loss
-83.76%
Net Worth
3.36%
EBITDA
-39.74%

Related Corporates (Common Directorship)

Charges (Loans)

Open Charges Satisfied Charges

₹263.84 M

₹432.34 M

LenderAmountStatus

Others

Creation Date: 31 May 2024
₹8.50 CrOpen

State Bank Of India

Creation Date: 04 Nov 2023
₹2.30 MOpen

Sidbi

Creation Date: 18 Aug 2020
₹3.00 CrOpen

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.

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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.

    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.

    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.

    30 Sep 2023

  • Balance Sheet

    Avdesh Tracks Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chandigarh.

    31 Mar 2023

  • 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.

    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.

    09 Feb 2021

Frequently asked questions

  • Avdesh Tracks Pvt Ltd was incorporated on 23 Mar 1988.

  • The authorized share capital of Avdesh Tracks Pvt Ltd is ₹ 7.50 M and paid-up capital is ₹ 7.00 M.

  • Currently 2 directors are associated with Avdesh Tracks Pvt Ltd.

    • Anubhav Garg
    • Bindu Garg
  • 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.

  • 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).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Avdesh Tracks Pvt Ltd has fallen by -42.29%.

  • As Per 2023 financial reports, 85 employees are currently employed by Avdesh Tracks Pvt Ltd.

  • 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%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Avdesh Tracks Pvt Ltd amount to ₹ 26.38 Cr.

  • The most recent Balance Sheet for Avdesh Tracks Pvt Ltd was filed with the ROC on 31 Mar 2023.

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