Avg Motors Profile
Key Indicators
- Authorised Capital ₹ 1.25 Cr
as on 17-11-2024
- Paid Up Capital ₹ 1.10 Cr
as on 17-11-2024
- Company Age 27 Year, 10 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 51.00 Cr
as on 17-11-2024
- Satisfied Charges ₹ 45.50 Cr
as on 17-11-2024
- Revenue 33.34%
(FY 2023)
- Profit -0.23%
(FY 2023)
- Ebitda 7.10%
(FY 2023)
- Net Worth 8.85%
(FY 2023)
- Total Assets 4.39%
(FY 2023)
About Avg Motors
The Corporate was formerly known as Avg Motors Limited. 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 1.25 Cr and a paid-up capital of Rs 1.10 Cr.
The company currently has active open charges totaling ₹51.00 Cr. The company has closed loans amounting to ₹45.50 Cr, as per Ministry of Corporate Affairs (MCA) records.
Jacob Paulose, Mani Thomas, Alex George, and Two other members serve as directors at the Company.
- CIN/LLPIN
U31103KL1997PTC011197
- Company No.
011197
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
10 Feb 1997
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Ernakulam
Industry
Company Details
- Location
Kottayam, Kerala, India
- Telephone
- Email Address
- Website
- Social Media
What products or services does Avg Motors Private Limited offer?
Avg Motors Private Limited offers a wide range of products and services, including Tea, Second Hand Cars, Pre Owned Car Sales Service.
Who are the key members and board of directors at Avg Motors?
Board Members(5)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Mani Thomas  | Director | 30-Jul-2015 | Current |
| Jacob Paulose | Director | 30-Jul-2015 | Current |
| Alex George | Director | 30-Apr-2011 | Current |
| George Varkey | Director | 10-Feb-1997 | Current |
| George John | Director | 30-Apr-2002 | Current |
Financial Performance and Corporate Structure Insights of Avg Motors.
Avg Motors Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 33.34% increase. The company also saw a slight decrease in profitability, with a 0.23% decrease in profit. The company's net worth moved up by a moderate rise of 8.85%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Avg Motors?
In 2023, Avg Motors had a promoter holding of 100.00%. The company had 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
The Nilgiri Tea Estates LimitedActive 82 years 19 daysAlex George, George Varkey and 1 more are mutual person
Avg Vehicle Sales And Services Private LimitedActive 29 years 3 monthsAlex George and George John are mutual person
Thamarapally Rubber Co LtdActive 87 years 9 monthsJacob Paulose, Alex George and 2 more are mutual person
- Kailas Rubber Co LtdActive 81 years 10 months
Alex George, George Varkey and 1 more are mutual person
- A V George And Co Private LtdActive 87 years 9 months
Alex George, George Varkey and 1 more are mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
The South Indian Bank Limited Creation Date: 20 Feb 2024 | ₹10.00 Cr | Open |
Others Creation Date: 06 Oct 2023 | ₹8.00 Cr | Open |
Others Creation Date: 10 Dec 2019 | ₹13.00 Cr | Open |
How Many Employees Work at Avg Motors?
Avg Motors has a workforce of 865 employees as of Apr 02, 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 Avg Motors, 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 Avg Motors'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.
