Avika Sarees Private Limited

Textile trading and manufacturing of sarees, clothing, and footwear.

2005 | Surat, Gujarat (India) | Active
Last Updated:

Avika Sarees Profile

Key Indicators

  • Authorised Capital ₹ 2.50 Cr
  • Paid Up Capital ₹ 2.44 Cr
  • Company Age 19 Year, 11 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 4.95 Cr
  • Satisfied Charges ₹ 2.00 Cr
  • Revenue Growth 7.48%
  • Profit Growth -45.94%
  • Ebitda 0.49%
  • Net Worth 0.75%
  • Total Assets 15.57%

About Avika Sarees

Avika Sarees Private Limited (ASPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 22 March 2005 and has a history of 19 years and 11 months. Its registered office is in Surat, Gujarat, India.

The Corporate was formerly known as Valentine Goods Private Limited. The Company is engaged in the Home & Lifestyle 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 2.50 Cr and a paid-up capital of Rs 2.44 Cr.

The company currently has active open charges totaling ₹4.95 Cr. The company has closed loans amounting to ₹2.00 Cr, as per Ministry of Corporate Affairs (MCA) records.

Chandraprakash Jain, Pushpaben Jain, Shital Jain, and One other member 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

    U17120GJ2005PTC077007

  • Company No.

    077007

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    22 Mar 2005

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Home & Lifestyle
Consumer Goods

Who are the key members and board of directors at Avika Sarees?

Board Members (4)

NameDesignationAppointment DateStatus
Chandraprakash Jain Country flag representing In Director 12-Mar-2015Current
Pushpaben Jain Country flag representing In Director 12-Mar-2015Current
Shital Jain Country flag representing In Director 12-Mar-2015Current
Gaurav Jain Country flag representing In Director 12-Mar-2014Current

Financial Performance of Avika Sarees.

Avika Sarees Private Limited, for the financial year ended 2021, experienced modest growth in revenue, with a 7.48% increase. The company also saw a substantial fall in profitability, with a 45.94% decrease in profit. The company's net worth moved up by a moderate rise of 0.75%.

Avika Sarees revenue growth over time
Avika Sarees 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
7.48%
Revenue from Operations
7.45%
Total Assets
15.57%
Profit or Loss
-45.94%
Net Worth
0.75%
EBITDA
0.49%

What is the Ownership and Shareholding Structure of Avika Sarees?

In 2021, Avika Sarees had a promoter holding of 26.12% and a public holding of 73.88%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹4.95 Cr

Satisfied Charges

₹2.00 Cr

Charges Breakdown by Lending Institutions

  • Others : 4.95 Cr

Latest Charge Details

DateLenderAmountStatus
11 Jan 2016Others₹4.95 CrOpen
28 May 2014Standard Chartered Bank₹2.00 CrSatisfied

How Many Employees Work at Avika Sarees?

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

Employee growth trends for Avika Sarees Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Avika Sarees, 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 Avika Sarees'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 Avika Sarees

Recent activity within the organization

  • Annual General Meeting

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

  • Balance Sheet

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

  • Charges

    A charge with Others of Rs. 4.95 Cr registered on 11 Jan 2016 with Charge ID 10625909 was modified on 29 Sep 2023.

  • Charges

    A charge registered on 28 May 2014 via Charge ID 10501984 with Standard Chartered Bank was fully satisfied on 28 Jun 2016.

  • Charges

    A charge with Others amounted to Rs. 4.95 Cr with Charge ID 10625909 was registered on 11 Jan 2016.

  • Director Appointment

    Chandraprakash Dalchand Jain was appointed as a Director was appointed as a Director on 12 Mar 2015 & has been associated with this company since 9 years 11 months .

Frequently asked questions

  • What is the Incorporation or founding date of Avika Sarees Private Limited?

    Avika Sarees Private Limited was incorporated on 22 Mar 2005.

  • What is authorized share capital and paid-up capital of Avika Sarees Private Limited?

    The authorized share capital of Avika Sarees Private Limited is ₹ 2.50 Cr and paid-up capital is ₹ 2.44 Cr.

  • Who are the current board members & directors of Avika Sarees Private Limited?

    Currently 4 directors are associated with Avika Sarees Private Limited.

    • Chandraprakash Dalchand Jain
    • Pushpaben Chandraprakash Jain
    • Shital Gaurav Jain
    • Gaurav Chandraprakash Jain

  • What is the registered address of Avika Sarees Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Avika Sarees Private Limited is S.Y. No.-2026 2Nd Floor Shop-G/2004 New T.T. Market Sahra Darwaja Ring Roa D, India, Surat, Gujarat, 395002.

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

    The corporate identification number (CIN) of Avika Sarees Private Limited is U17120GJ2005PTC077007 and the company number is 077007 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for Avika Sarees Private Limited?

    According to the financial reports for the fiscal year 2021, the revenue trend for Avika Sarees Private Limited has risen by 7.48%.

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

    The financial reports for the fiscal year 2021 indicates that The net worth of Avika Sarees Private Limited has experienced an upsurge of 0.75%.

  • What are the total open charges for Avika Sarees Private Limited?

    As per the financial statements for fiscal Year 2021, The total open charges for Avika Sarees Private Limited amount to ₹ 4.95 Cr.

  • When was the last Balance Sheet of Avika Sarees Private Limited filed with the ROC?

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

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