Avg Motors Profile
Key Indicators
- Authorised Capital ₹ 1.25 Cr
- Paid Up Capital ₹ 1.10 Cr
- Company Age 27 Year, 11 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 51.00 Cr
- Satisfied Charges ₹ 45.50 Cr
- Revenue Growth 33.34%
- Profit Growth -0.23%
- Ebitda 7.10%
- Net Worth 8.85%
- Total Assets 4.39%
About Avg Motors
Avg Motors Private Limited (AMPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 10 February 1997 and has a history of 27 years and 11 months. Its registered office is in Kottayam, Kerala, India.
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.
Company Details
- Location
Kottayam, Kerala, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- 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
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 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
| Metrics |
| (FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
| ||||||
| Revenue from Operations |
| ||||||
| Total Assets |
| ||||||
| Profit or Loss |
| ||||||
| Net Worth |
| ||||||
| EBITDA |
|
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)
Upasi Commodities Exchange LimitedGeorge John is a mutual person
The Nilgiri Tea Estates LimitedAlex George, George Varkey and 1 more are mutual person
Avg Vehicle Sales And Services Private LimitedAlex George and George John are mutual person
Thamarapally Rubber Co LtdJacob Paulose, Alex George and 2 more are mutual person
- Kailas Rubber Co Ltd
Alex George, George Varkey and 1 more are mutual person
- A V George And Co Private Ltd
Alex George, George Varkey and 1 more are mutual person
Charges (Loans)
₹51.00 Cr
₹45.50 Cr
Charges Breakdown by Lending Institutions
- Others : 31.00 Cr
- The South Indian Bank Limited : 10.00 Cr
- Indusind Bank : 10.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 20 Feb 2024 | The South Indian Bank Limited | ₹10.00 Cr | Open |
| 06 Oct 2023 | Others | ₹8.00 Cr | Open |
| 10 Dec 2019 | Others | ₹13.00 Cr | Open |
| 27 Mar 2015 | Indusind Bank | ₹10.00 Cr | Open |
| 04 Feb 2015 | Others | ₹10.00 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.
