Avichal Weaves Profile
Key Indicators
- Authorised Capital ₹ 2.00 Cr
- Paid Up Capital ₹ 1.25 Cr
- Company Age 21 Year, 2 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 10.25 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 two months. Its registered office is in Kadodara, 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 2023. 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 ₹10.25 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
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Location
Kadodara, Gujarat, India
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Telephone
+91-XXXXXXXXXX
- Email Address
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Website
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Social Media
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Corporate Identity Details
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CIN/LLPIN
U17219GJ2003PTC043253
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Company No.
043253
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
28 Nov 2003
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Date of AGM
30 Sep 2023
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Date of Balance Sheet
31 Mar 2023
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Listing Status
Unlisted
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ROC Code
Roc Ahmedabad
Industry
Who are the key members and board of directors at Avichal Weaves?
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Akshay Sheth
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Director | 28-Nov-2003 | Current |
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Ajay Arora
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Director | 28-Nov-2003 | Current |
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%.
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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.
Related Corporates (Common Directorship)
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Sheth Fashion LlpAkshay Sheth is a mutual person
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Honest Creation Private Limited
Akshay Sheth is a mutual person
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Avichal Textile Mills Private Limited
Ajay Arora is a mutual person
Charges (Loans)
₹10.25 Cr
₹16.99 Cr
Charges Breakdown by Lending Institutions
- Hdfc Bank Limited : 10.25 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 31 Aug 2017 | Hdfc Bank Limited | ₹10.25 Cr | Open |
| 19 Sep 2011 | Punjab National Bank | ₹4.30 M | Satisfied |
| 19 Sep 2011 | Punjab National Bank | ₹2.16 Cr | Satisfied |
| 19 Sep 2011 | Punjab National Bank | ₹1.00 Cr | Satisfied |
| 09 Feb 2007 | Punjab National Bank | ₹1.00 Cr | Satisfied |
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.
Deals i
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
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.