Aveco Technologies Private Limited

Distributor of multimedia projectors and electronic accessories from top brands.

1995 | Hyderabad, Telangana (India) | Active
Last Updated: January 05, 2025

Aveco Technologies Profile

Key Indicators

  • Authorised Capital ₹ 1.60 Cr
  • Paid Up Capital ₹ 1.51 Cr
  • Company Age 29 Year, 3 Months
  • Last Filing with ROC 31 Mar 2021
  • Satisfied Charges ₹ 13.25 Cr
  • Revenue Growth -11.21%
  • Profit Growth -766.77%
  • Ebitda -119.52%
  • Net Worth -14.69%
  • Total Assets -15.21%

About Aveco Technologies

Aveco Technologies Private Limited (ATPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 12 October 1995 and has a history of 29 years and three months. Its registered office is in Hyderabad, Telangana, India.

The Corporate was formerly known as Aveco Electronics Private Limited. The Company is engaged in the Consumer Electronics & Durables Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2021. It's a company limited by shares with an authorized capital of Rs 1.60 Cr and a paid-up capital of Rs 1.51 Cr.

The company has closed loans amounting to ₹13.25 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Sandeep Jain and Madhavi Jain serve as directors at the Company.

Company Details

  • Location

    Hyderabad, Telangana, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U51101TG1995PTC021984

  • Company No.

    021984

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    12 Oct 1995

  • Date of AGM

    30 Nov 2021

  • Date of Balance Sheet

    31 Mar 2021

  • Listing Status

    Unlisted

  • ROC Code

    Roc Hyderabad

Industry

Consumer Electronics & Durables

What products or services does Aveco Technologies Private Limited offer?

Aveco Technologies Private Limited offers a wide range of products and services, including Office Automation Products & Devices, Projector, Computer Hardware & Peripherals, Graphic Tablet, Presentation Boards & Accessories, Interactive Board, Projector Screen, LCD Projector, Computer Mouse, Wireless Mouse.

Who are the key members and board of directors at Aveco Technologies?

Executive Team (1)

Name Designation Appointment Date Status
Sandeep Jain Country flag representing In Managing Director 12-Oct-1995 Current

Board Members (1)

Name Designation Appointment Date Status
Madhavi Jain Country flag representing In Director 17-Jan-2015 Current

Financial Performance of Aveco Technologies.

Aveco Technologies Private Limited, for the financial year ended 2016, experienced significant reduction in revenue, with a 11.21% decrease. The company also saw a substantial fall in profitability, with a 766.77% decrease in profit. The company's net worth observed a substantial decline by a decrease of 14.69%.

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
-11.21%
Revenue from Operations
-14.87%
Total Assets
-15.21%
Profit or Loss
-766.77%
Net Worth
-14.69%
EBITDA
-119.52%

What is the Ownership and Shareholding Structure of Aveco Technologies?

In 2016, Aveco Technologies had a promoter holding of 17.20% and a public holding of 82.80%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹13.25 Cr

Charges Breakdown by Lending Institutions

  • Corporation Bank : 9.00 Cr
  • Citibank N.A : 4.25 Cr

Latest Charge Details

Date Lender Amount Status
24 Apr 2009 Corporation Bank ₹9.00 Cr Satisfied
13 Dec 2006 Citibank N.A ₹2.25 Cr Satisfied
21 Aug 2006 Citibank N.A ₹2.00 Cr Satisfied

How Many Employees Work at Aveco Technologies?

Aveco Technologies has a workforce of 1 employees as of Apr 07, 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 Aveco Technologies, 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 Aveco Technologies'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 Aveco Technologies

Recent activity within the organization

  • Annual General Meeting

    Aveco Technologies Private Limited last Annual general meeting of members was held on 30 Nov 2021 as per latest MCA records.

    30 Nov 2021

  • Balance Sheet

    Aveco Technologies Private Limited has filed its annual Financial statements for the year ended 31 Mar 2021 with Roc Hyderabad.

    31 Mar 2021

  • Charges

    A charge registered on 24 Apr 2009 via Charge ID 10159651 with Corporation Bank was fully satisfied on 26 Feb 2018.

    26 Feb 2018

  • Director Appointment

    Madhavi Jain was appointed as a Director was appointed as a Director on 17 Jan 2015 & has been associated with this company since 10 years 15 days .

    17 Jan 2015

  • Charges

    A charge with Corporation Bank of Rs. 9.00 Cr registered on 24 Apr 2009 with Charge ID 10159651 was modified on 24 Aug 2012.

    24 Aug 2012

  • Charges

    A charge registered on 13 Dec 2006 via Charge ID 10057571 with Citibank N.A was fully satisfied on 20 May 2009.

    20 May 2009

Frequently asked questions

  • Aveco Technologies Private Limited was incorporated on 12 Oct 1995.

  • The authorized share capital of Aveco Technologies Private Limited is ₹ 1.60 Cr and paid-up capital is ₹ 1.51 Cr.

  • Currently 2 directors are associated with Aveco Technologies Private Limited.

    • Sandeep Jain
    • Madhavi Jain
  • As per Ministry of Corporate Affairs (Mca), the registered address of Aveco Technologies Private Limited is Plot No. 19 1St Floor Akbar Road Thokatta, Sikh Village India, Secunderabad, Telangana, 500009.

  • The corporate identification number (CIN) of Aveco Technologies Private Limited is U51101TG1995PTC021984 and the company number is 021984 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Aveco Technologies Private Limited is https://www.avecoindia.com

  • According to the financial reports for the fiscal year 2016, the revenue trend for Aveco Technologies Private Limited has fallen by -11.21%.

  • As Per 2016 financial reports, 1 employees are currently employed by Aveco Technologies Private Limited.

  • The financial reports for the fiscal year 2016 indicates that The net worth of Aveco Technologies Private Limited has experienced an downturn of -14.69%.

  • The most recent Balance Sheet for Aveco Technologies Private Limited was filed with the ROC on 31 Mar 2021.

People also Viewed

Similar Companies Based on Electronic Appliances Retail & Distribution