Avg Vehicle Sales And Services Private Limited

Authorized dealer of commercial vehicles in Kerala, part of AVG Group.

1995 | Kottayam, Kerala (India) | Active
Last Updated: December 15, 2024

Avg Vehicle Sales And Services Profile

Key Indicators

  • Authorised Capital ₹ 1.50 Cr
  • Paid Up Capital ₹ 1.51 M
  • Company Age 29 Year, 6 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 11.30 Cr
  • Satisfied Charges ₹ 1.30 Cr
  • Revenue Growth -9.38%
  • Profit Growth -657.92%
  • Ebitda 667.72%
  • Net Worth -67.27%
  • Total Assets -31.81%

About Avg Vehicle Sales And Services

Avg Vehicle Sales And Services Private Limited (AVSASPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 23 August 1995 and has a history of 29 years and six months. Its registered office is in Kottayam, Kerala, India.

The Corporate was formerly known as Avg Agro Industrials Pvt Ltd. 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 1.50 Cr and a paid-up capital of Rs 1.51 M.

The company currently has active open charges totaling ₹11.30 Cr. The company has closed loans amounting to ₹1.30 Cr, as per Ministry of Corporate Affairs (MCA) records.

George John, Alex George, and Mammen Varkey serve as directors at the Company.

Company Details

  • Location

    Kottayam, Kerala, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    avggroup.co.in

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U50102KL1995PTC009363

  • Company No.

    009363

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    23 Aug 1995

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ernakulam

Industry

Automotive

Who are the key members and board of directors at Avg Vehicle Sales And Services?

Board Members (3)

NameDesignationAppointment DateStatus
George John Country flag representing In Director 17-Mar-2002Current
Alex George Country flag representing In Director 30-Apr-2011Current
Mammen Varkey Country flag representing In Director 30-Apr-2002Current

Financial Performance of Avg Vehicle Sales And Services.

Avg Vehicle Sales And Services Private Limited, for the financial year ended 2022, experienced Minor drop in revenue, with a 9.38% decrease. The company also saw a substantial fall in profitability, with a 657.92% decrease in profit. The company's net worth observed a substantial decline by a decrease of 67.27%.

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
-9.38%
Revenue from Operations
-8.74%
Total Assets
-31.81%
Profit or Loss
-657.92%
Net Worth
-67.27%
EBITDA
667.72%

What is the Ownership and Shareholding Structure of Avg Vehicle Sales And Services?

In 2023, Avg Vehicle Sales And Services had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹11.30 Cr

Satisfied Charges

₹1.30 Cr

Charges Breakdown by Lending Institutions

  • State Bank Of India : 6.05 Cr
  • Others : 3.00 Cr
  • The South Indian Bank Limited : 2.25 Cr

Latest Charge Details

DateLenderAmountStatus
11 Feb 2021State Bank Of India₹2.95 CrOpen
22 Jun 2020State Bank Of India₹3.10 CrOpen
19 Oct 2016Others₹3.00 CrOpen
06 Sep 2008The South Indian Bank Limited₹2.25 CrOpen
31 Oct 2007The South Indian Bank Limited₹9.00 MSatisfied

How Many Employees Work at Avg Vehicle Sales And Services?

Unlock and access historical data on people associated with Avg Vehicle Sales And Services, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Avg Vehicle Sales And Services, 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 Vehicle Sales And Services'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 Avg Vehicle Sales And Services

Recent activity within the organization

  • Annual General Meeting

    Avg Vehicle Sales And Services Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Avg Vehicle Sales And Services Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ernakulam.

    31 Mar 2024

  • Charges

    A charge with The South Indian Bank Limited of Rs. 2.25 Cr registered on 06 Sep 2008 with Charge ID 10122899 was modified on 27 Mar 2024.

    27 Mar 2024

  • Charges

    A charge with State Bank Of India amounted to Rs. 2.95 Cr with Charge ID 100422431 was registered on 11 Feb 2021.

    11 Feb 2021

  • Charges

    A charge with State Bank Of India amounted to Rs. 3.10 Cr with Charge ID 100383830 was registered on 22 Jun 2020.

    22 Jun 2020

  • Charges

    A charge registered on 31 Oct 2007 via Charge ID 10077755 with The South Indian Bank Limited was fully satisfied on 09 Jul 2019.

    09 Jul 2019

Frequently asked questions

  • Avg Vehicle Sales And Services Private Limited was incorporated on 23 Aug 1995.

  • The authorized share capital of Avg Vehicle Sales And Services Private Limited is ₹ 1.50 Cr and paid-up capital is ₹ 1.51 M.

  • Currently 3 directors are associated with Avg Vehicle Sales And Services Private Limited.

    • George Ancheril John
    • Alex George
    • Mammen Varkey
  • As per Ministry of Corporate Affairs (Mca), the registered address of Avg Vehicle Sales And Services Private Limited is Ancheril Bank Buildingsbaker Junction India, Kottayam, Kerala, 686001.

  • The corporate identification number (CIN) of Avg Vehicle Sales And Services Private Limited is U50102KL1995PTC009363 and the company number is 009363 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Avg Vehicle Sales And Services Private Limited is https://www.avggroup.co.in

  • According to the financial reports for the fiscal year 2022, the revenue trend for Avg Vehicle Sales And Services Private Limited has fallen by -9.38%.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Avg Vehicle Sales And Services Private Limited has experienced an downturn of -67.27%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Avg Vehicle Sales And Services Private Limited amount to ₹ 11.30 Cr.

  • The most recent Balance Sheet for Avg Vehicle Sales And Services Private Limited was filed with the ROC on 31 Mar 2024.

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