Avesta Enterprises Profile
Key Indicators
- Authorised Capital ₹ 1.10 Cr
as on 16-11-2024
- Paid Up Capital ₹ 2.00 M
as on 16-11-2024
- Company Age 27 Year, 7 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 9.28 Cr
as on 16-11-2024
- Satisfied Charges ₹ 10.59 Cr
as on 16-11-2024
- Revenue 49.40%
(FY 2023)
- Profit 164.61%
(FY 2023)
- Ebitda 59.39%
(FY 2023)
- Net Worth 9.61%
(FY 2023)
- Total Assets 26.54%
(FY 2023)
About Avesta Enterprises
The Company is engaged in the Automotive 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 1.10 Cr and a paid-up capital of Rs 2.00 M.
The company currently has active open charges totaling ₹9.28 Cr. The company has closed loans amounting to ₹10.59 Cr, as per Ministry of Corporate Affairs (MCA) records.
Iruvile Pai, Adil Patel, Narendra Shenoy, and Five other members serve as directors at the Company.
- CIN/LLPIN
U28920MH1997PTC108631
- Company No.
108631
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
10 Jun 1997
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Company Details
- Location
Mumbai, Maharashtra, India
- Telephone
- Email Address
- Website
- Social Media-
What products or services does Avesta Enterprises Private Limited offer?
Avesta Enterprises Private Limited offers a wide range of products and services, including Automobile Fittings & Components, Automotive Rubber Components, Steel Profile, Cold Rolled Steel Profile, Seals, Oil Seals & Industrial Seals, Seals, Rubber Tubes, Cords & Profiles, Rubber Profiles, Metal Products, Metal Profiles.
Who are the key members and board of directors at Avesta Enterprises?
Board Members (8)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Iruvile Pai  | Director | 10-Jun-1997 | Current |
| Adil Patel | Director | 10-Jun-1997 | Current |
| Narendra Shenoy | Director | 10-Apr-2019 | Current |
| Sampada Pai | Director | 10-Apr-2019 | Current |
| Ananth Pai | Director | 25-Sep-2014 | Current |
| Pezan Patel | Director | 25-Sep-2014 | Current |
Financial Performance of Avesta Enterprises.
Avesta Enterprises Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 49.4% increase. The company also saw a substantial improvement in profitability, with a 164.61% increase in profit. The company's net worth moved up by a moderate rise of 9.61%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Avesta Enterprises?
In 2023, Avesta Enterprises had a promoter holding of 99.99% and a public holding of 0.01%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Earth Crop Biofertiliser Private LimitedActive 24 years 11 monthsIruvile Pai, Sampada Pai and 1 more are mutual person
- Active Auto-Insulations Pvt LtdActive 30 years 8 months
Narendra Shenoy, Sampada Pai and 1 more are mutual person
- Ameya Agritech Products Private LimitedActive 15 years 9 months
Sampada Pai and Ananth Pai are mutual person
Charges (Loans)
₹9.28 Cr
₹10.59 Cr
Charges Breakdown by Lending Institutions
- Bank Of India : 9.28 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 05 Feb 2024 | Bank Of India | ₹1.33 M | Open |
| 25 Jan 2024 | Bank Of India | ₹1.46 M | Open |
| 19 May 2023 | Bank Of India | ₹4.50 Cr | Open |
| 26 Nov 2021 | Bank Of India | ₹4.50 Cr | Open |
| 06 Feb 2021 | Tata Capital Financial Services Limited | ₹4.44 M | Satisfied |
How Many Employees Work at Avesta Enterprises?
Avesta Enterprises has a workforce of 112 employees as of Apr 08, 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 Avesta Enterprises, 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 Avesta Enterprises'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.
