Avis India Mobility Solutions Private Limited

Offers car rental and leasing services in India since 1995.

1995 | Kolkata, West Bengal (India) | Active
Last Updated: July 15, 2024

Avis India Mobility Solutions Profile

Key Indicators

  • Authorised Capital ₹ 33.00 Cr
  • Paid Up Capital ₹ 31.76 Cr
  • Company Age 30 Year, 19 Days
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 646.22 Cr
  • Satisfied Charges ₹ 877.95 Cr
  • Revenue Growth 68.24%
  • Profit Growth 654.23%
  • Ebitda 61.27%
  • Net Worth 37.17%
  • Total Assets 34.60%

About Avis India Mobility Solutions

Avis India Mobility Solutions Private Limited (AIMSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 03 February 1995 and has a history of 30 years. Its registered office is in Kolkata, West Bengal, India.

The Corporate was formerly known as Mercury Car Rentals Ltd. The Company is engaged in the Transport And Logistics 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 33.00 Cr and a paid-up capital of Rs 31.76 Cr.

The company currently has active open charges totaling ₹646.22 Cr. The company has closed loans amounting to ₹877.95 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Avis India Mobility Solutions Private Limited India is Sameer Thakur as COMPANY SECRETARY. Tej Sibal, Vikramjit Oberoi, Paul Ford, and Two other members serve as directors at the Company.

Company Details

  • Location

    Kolkata, West Bengal, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    avis.co.in

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U63011WB1995PTC068029

  • Company No.

    068029

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    03 Feb 1995

  • Date of AGM

    28 Jul 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Kolkata

Industry

Transport and Logistics

Who are the key members and board of directors at Avis India Mobility Solutions?

Executive Team (2)

NameDesignationAppointment DateStatus
Aman Naagar Country flag representing In Managing Director01-Apr-2023Current
Sameer Thakur Country flag representing In Company Secretary21-Dec-2012Current

Board Members (4)

NameDesignationAppointment DateStatus
Tej Sibal Country flag representing In Director 03-Feb-1995Current
Vikramjit Oberoi Country flag representing In Director 08-Aug-2019Current
Paul Ford Country flag representing Gb Director 21-Dec-2015Current
Hans Mueller Country flag representing De Additional Director 25-Oct-2021Current

Financial Performance of Avis India Mobility Solutions.

Avis India Mobility Solutions Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 68.24% increase. The company also saw a substantial improvement in profitability, with a 654.23% increase in profit. The company's net worth Soared by an impressive increase of 37.17%.

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
68.24%
Revenue from Operations
69.21%
Total Assets
34.60%
Profit or Loss
654.23%
Net Worth
37.17%
EBITDA
61.27%

What is the Ownership and Shareholding Structure of Avis India Mobility Solutions?

In 2023, Avis India Mobility Solutions had a promoter holding of 100.00%. The company had 1 Joint Venture. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹646.22 Cr

Satisfied Charges

₹877.95 Cr

Charges Breakdown by Lending Institutions

  • Others : 539.38 Cr
  • Hdfc Bank Limited : 62.16 Cr
  • Yes Bank Limited : 24.90 Cr
  • Axis Bank Limited : 15.93 Cr
  • State Bank Of India : 3.85 Cr

Latest Charge Details

DateLenderAmountStatus
11 Jan 2024Hdfc Bank Limited₹1.99 MOpen
30 Dec 2023Others₹4.52 CrOpen
29 Dec 2023Hdfc Bank Limited₹1.94 CrOpen
29 Dec 2023Hdfc Bank Limited₹2.00 MOpen
28 Dec 2023Hdfc Bank Limited₹2.53 MOpen

How Many Employees Work at Avis India Mobility Solutions?

Avis India Mobility Solutions has a workforce of 325 employees as of Apr 08, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Avis India Mobility Solutions, 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 Avis India Mobility Solutions'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 Avis India Mobility Solutions

Recent activity within the organization

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.20 Cr with Charge ID 100848636 was registered on 11 Jan 2024.

    11 Jan 2024

  • Charges

    A charge with Others amounted to Rs. 4.52 Cr with Charge ID 100844996 was registered on 30 Dec 2023.

    30 Dec 2023

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 1.94 Cr with Charge ID 100847980 was registered on 29 Dec 2023.

    29 Dec 2023

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.20 Cr with Charge ID 100848691 was registered on 29 Dec 2023.

    29 Dec 2023

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.25 Cr with Charge ID 100847970 was registered on 28 Dec 2023.

    28 Dec 2023

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.25 Cr with Charge ID 100847974 was registered on 28 Dec 2023.

    28 Dec 2023

Frequently asked questions

  • Avis India Mobility Solutions Private Limited was incorporated on 03 Feb 1995.

  • The authorized share capital of Avis India Mobility Solutions Private Limited is ₹ 33.00 Cr and paid-up capital is ₹ 31.76 Cr.

  • Currently 6 directors are associated with Avis India Mobility Solutions Private Limited.

    • Tej Kumar Sibal
    • Vikramjit Singh Oberoi
    • Paul Leslie Ford
    • Hans Waldemar Mueller
    • Aman Naagar
    • Sameer Thakur
  • As per Ministry of Corporate Affairs (Mca), the registered address of Avis India Mobility Solutions Private Limited is 4 Mangoe Lane, Kolkata, West Bengal, India, 700001.

  • The corporate identification number (CIN) of Avis India Mobility Solutions Private Limited is U63011WB1995PTC068029 and the company number is 068029 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Avis India Mobility Solutions Private Limited is https://www.avis.co.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Avis India Mobility Solutions Private Limited has risen by 68.24%.

  • As Per 2023 financial reports, 325 employees are currently employed by Avis India Mobility Solutions Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Avis India Mobility Solutions Private Limited has experienced an upsurge of 37.17%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Avis India Mobility Solutions Private Limited amount to ₹ 646.22 Cr.

  • The most recent Balance Sheet for Avis India Mobility Solutions Private Limited was filed with the ROC on 31 Mar 2023.

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