Avika Sarees Profile
Key Indicators
- Authorised Capital ₹ 2.50 Cr
- Paid Up Capital ₹ 2.44 Cr
- Company Age 19 Year, 10 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 ten 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
Who are the key members and board of directors at Avika Sarees?
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Chandraprakash Jain
|
Director | 12-Mar-2015 | Current |
|
Pushpaben Jain
|
Director | 12-Mar-2015 | Current |
|
Shital Jain
|
Director | 12-Mar-2015 | Current |
|
Gaurav Jain
|
Director | 12-Mar-2014 | Current |
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%.
- 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 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.
Charges (Loans)
₹4.95 Cr
₹2.00 Cr
Charges Breakdown by Lending Institutions
- Others : 4.95 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 11 Jan 2016 | Others | ₹4.95 Cr | Open |
| 28 May 2014 | Standard Chartered Bank | ₹2.00 Cr | Satisfied |
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.
Deals i
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
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.
