Avery India Profile
Key Indicators
- Authorised Capital ₹ 12.50 Cr
- Paid Up Capital ₹ 8.97 Cr
- Company Age 77 Year, 11 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 1.50 M
- Satisfied Charges ₹ 7.00 Cr
- Revenue Growth 13.35%
- Profit Growth 3.98%
- Ebitda 10.65%
- Net Worth -11.64%
- Total Assets -9.59%
About Avery India
Avery India Ltd (AIL) was founded in India on 26 February 1947 and has a glorious history of 77 years and 11 months. Its registered office is in Faridabad, Haryana, India.
The Company is engaged in the Machinery And Equipment 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 12.50 Cr and a paid-up capital of Rs 8.97 Cr.
The company currently has active open charges totaling ₹1.50 M. The company has closed loans amounting to ₹7.00 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Avery India Ltd India is Pawan Arora as CFO. Lance Read, Basant Sandooja, and Rohit Gupta serve as directors at the Company.
Company Details
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Location
Faridabad, Haryana, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media
Corporate Identity Details
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CIN/LLPIN
U29196HR1947PLC043478
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Company No.
043478
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Company Classification
Public Limited Indian Non-Government Company
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Incorporation Date
26 Feb 1947
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Date of AGM
30 Sep 2024
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Date of Balance Sheet
31 Mar 2024
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Listing Status
Unlisted
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ROC Code
Roc Delhi
Industry
What products or services does Avery India Ltd offer?
Avery India Ltd offers a wide range of products and services, including Weighbridges, Electronic Weighbridge, Weighing Scales & Measuring Tapes, VFD, PLC, HMI & Control Equipments, Industrial Automation Systems, Weighing Scale, Sensors & Transducers, Load Cell, Industrial Scale, Weighing Machines.
Who are the key members and board of directors at Avery India?
Executive Team (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Pawan Arora | CFO | 22-Mar-2023 | Current |
Basant Sandooja
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Managing Director | 19-Aug-2010 | Current |
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Lance Read
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Director | 30-Sep-2014 | Current |
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Rohit Gupta
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Director | 30-Nov-2011 | Current |
Financial Performance of Avery India.
Avery India Ltd, for the financial year ended 2023, experienced significant growth in revenue, with a 13.35% increase. The company also saw a slight improvement in profitability, with a 3.98% increase in profit. The company's net worth observed a substantial decline by a decrease of 11.64%.
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What is the Ownership and Shareholding Structure of Avery India?
In 2023, Avery 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)
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Stokvis Prostick Tapes Private LimitedRohit Gupta is a mutual person
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Itw India Private LimitedRohit Gupta is a mutual person
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Weighing Equipment Manufacturers AssociationBasant Sandooja is a mutual person
Charges (Loans)
₹0.15 Cr
₹7.00 Cr
Charges Breakdown by Lending Institutions
- Bank Of India : 0.15 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 21 Aug 2002 | Bank Of India | ₹1.50 M | Open |
| 30 Sep 2002 | Bank Of India | ₹2.00 Cr | Satisfied |
| 18 Jan 2002 | Bank Of India | ₹5.00 Cr | Satisfied |
How Many Employees Work at Avery India?
Avery India has a workforce of 233 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 Avery 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 Avery 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.
