Avichal Weaves Private Limited

This company specializes in textile production, trading, and processing of various fibers and fabrics.

2003 | Surat, Gujarat (India) | Active
Last Updated:

Avichal Weaves Profile

Key Indicators

  • Authorised Capital ₹ 2.00 Cr
  • Paid Up Capital ₹ 1.25 Cr
  • Company Age 21 Year, 5 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 8.75 Cr
  • Satisfied Charges ₹ 16.99 Cr
  • Revenue Growth 31.23%
  • Profit Growth 28.90%
  • Ebitda 28.18%
  • Net Worth 16.28%
  • Total Assets 9.39%

About Avichal Weaves

Avichal Weaves Private Limited (AWPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 28 November 2003 and has a history of 21 years and five months. Its registered office is in Surat, Gujarat, India.

The Company is engaged in the Manufacturing 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 2.00 Cr and a paid-up capital of Rs 1.25 Cr.

The company currently has active open charges totaling ₹8.75 Cr. The company has closed loans amounting to ₹16.99 Cr, as per Ministry of Corporate Affairs (MCA) records.

Akshay Sheth and Ajay Arora serve as directors at the Company.

Company Details

  • Location

    Surat, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U17219GJ2003PTC043253

  • Company No.

    043253

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    28 Nov 2003

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Manufacturing
Energy and Power
Company report

Avichal Weaves Private Limited

Explore comprehensive data for Avichal Weaves Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Avichal Weaves?

Board Members (2)

NameDesignationAppointment DateStatus
Akshay Sheth Country flag representing In Director 28-Nov-2003Current
Ajay Arora Country flag representing In Director 28-Nov-2003Current

Financial Performance of Avichal Weaves.

Avichal Weaves Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 31.23% increase. The company also saw a substantial improvement in profitability, with a 28.9% increase in profit. The company's net worth Soared by an impressive increase of 16.28%.

Avichal Weaves revenue growth over time
Avichal Weaves 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
31.23%
Revenue from Operations
30.63%
Total Assets
9.39%
Profit or Loss
28.90%
Net Worth
16.28%
EBITDA
28.18%

What is the Ownership and Shareholding Structure of Avichal Weaves?

In 2023, Avichal Weaves 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

₹8.75 Cr

Satisfied Charges

₹16.99 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 8.75 Cr

Latest Charge Details

DateLenderAmountStatus
31 Aug 2017Hdfc Bank Limited₹8.75 CrOpen
19 Sep 2011Punjab National Bank₹4.30 MSatisfied
19 Sep 2011Punjab National Bank₹2.16 CrSatisfied
19 Sep 2011Punjab National Bank₹1.00 CrSatisfied
09 Feb 2007Punjab National Bank₹1.00 CrSatisfied

How Many Employees Work at Avichal Weaves?

Avichal Weaves has a workforce of 4 employees as of Apr 09, 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.

Employee growth trends for Avichal Weaves Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Avichal Weaves, 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 Avichal Weaves'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 Avichal Weaves

Recent activity within the organization

  • Annual General Meeting

    Avichal Weaves Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Charges

    A charge with Hdfc Bank Limited of Rs. 8.75 Cr registered on 31 Aug 2017 with Charge ID 100125966 was modified on 23 May 2024.

  • Balance Sheet

    Avichal Weaves Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.

  • Charges

    A charge registered on 19 Sep 2011 via Charge ID 10311563 with Punjab National Bank was fully satisfied on 16 Nov 2018.

  • Charges

    A charge registered on 19 Sep 2011 via Charge ID 10310834 with Punjab National Bank was fully satisfied on 03 Feb 2018.

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 8.75 Cr with Charge ID 100125966 was registered on 31 Aug 2017.

Frequently asked questions

  • What is the Incorporation or founding date of Avichal Weaves Private Limited?

    Avichal Weaves Private Limited was incorporated on 28 Nov 2003.

  • What is authorized share capital and paid-up capital of Avichal Weaves Private Limited?

    The authorized share capital of Avichal Weaves Private Limited is ₹ 2.00 Cr and paid-up capital is ₹ 1.25 Cr.

  • Who are the current board members & directors of Avichal Weaves Private Limited?

    Currently 2 directors are associated with Avichal Weaves Private Limited.

    • Akshay Pushpavadan Sheth
    • Ajay Kumar Sohan Singh Arora
  • What is the registered address of Avichal Weaves Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Avichal Weaves Private Limited is 176/A Jinwala Compound Opp: Mansi Dyeing, Tal. Palsana India, Kadodara, Gujarat, 394327.

  • What is the corporate identification number (CIN) and company number of Avichal Weaves Private Limited?

    The corporate identification number (CIN) of Avichal Weaves Private Limited is U17219GJ2003PTC043253 and the company number is 043253 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for Avichal Weaves Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Avichal Weaves Private Limited has risen by 31.23%.

  • How many employees does Avichal Weaves Private Limited currently have?

    As Per 2023 financial reports, 4 employees are currently employed by Avichal Weaves Private Limited.

  • What change has been observed in the net worth of Avichal Weaves Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Avichal Weaves Private Limited has experienced an upsurge of 16.28%.

  • What are the total open charges for Avichal Weaves Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Avichal Weaves Private Limited amount to ₹ 8.75 Cr.

  • When was the last Balance Sheet of Avichal Weaves Private Limited filed with the ROC?

    The most recent Balance Sheet for Avichal Weaves Private Limited was filed with the ROC on 31 Mar 2024.

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