Avis Metal Industries Limited

Manufacturer of metal powders and sintered tungsten carbide products for various industries.

1991 | Surat, Gujarat (India) | Active
Last Updated:

Avis Metal Industries Profile

Key Indicators

  • Authorised Capital ₹ 5.00 Cr
  • Paid Up Capital ₹ 4.40 Cr
  • Company Age 34 Year, 2 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 18.98 Cr
  • Satisfied Charges ₹ 2.12 Cr
  • Revenue Growth -5.63%
  • Profit Growth 123.15%
  • Ebitda -16.02%
  • Net Worth 6.84%
  • Total Assets -8.20%

About Avis Metal Industries

Avis Metal Industries Limited (AMIL) is a leading Private Limited Indian Non-Government Company incorporated in India on 19 February 1991 and has a history of 34 years and two months. Its registered office is in Surat, Gujarat, India.

The Corporate was formerly known as Avis Machines Private Limited. The Company is engaged in the Machinery And Equipment 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 5.00 Cr and a paid-up capital of Rs 4.40 Cr.

The company currently has active open charges totaling ₹18.98 Cr. The company has closed loans amounting to ₹2.12 Cr, as per Ministry of Corporate Affairs (MCA) records.

Shailesh Mangukia, Jivrajbhai Patel, Manisha Kukadia, 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

    U28113GJ1991PTC015089

  • Company No.

    015089

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    19 Feb 1991

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Machinery and Equipment

What products or services does Avis Metal Industries Limited offer?

Avis Metal Industries Limited offers a wide range of products and services, including Cutting Tools & Milling Cutter, Turning Tool, Metal & Metal Made Products, Nano Powder, Moulds, Jigs and Casting Dies, Metal Die, Industrial & Engineering Goods, Industrial Nozzles, Saw Blades & Grinding Wheels, Industrial Blades.

Company report

Avis Metal Industries Limited

Explore comprehensive data for Avis Metal Industries Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Avis Metal Industries?

Executive Team (1)

NameDesignationAppointment DateStatus
Jivrajbhai Patel Country flag representing In Managing Director02-Dec-1996Current

Board Members (3)

NameDesignationAppointment DateStatus
Shailesh Mangukia Country flag representing In Whole-Time Director 12-Jan-1998Current
Manisha Kukadia Country flag representing In Whole-Time Director 21-Apr-2008Current
Saritaben Patel Country flag representing In Whole-Time Director 21-Apr-2008Current

Financial Performance of Avis Metal Industries.

Avis Metal Industries Limited, for the financial year ended 2022, experienced Minor drop in revenue, with a 5.63% decrease. The company also saw a substantial improvement in profitability, with a 123.15% increase in profit. The company's net worth moved up by a moderate rise of 6.84%.

Avis Metal Industries revenue growth over time
Avis Metal Industries 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
-5.63%
Revenue from Operations
-5.10%
Total Assets
-8.20%
Profit or Loss
123.15%
Net Worth
6.84%
EBITDA
-16.02%

What is the Ownership and Shareholding Structure of Avis Metal Industries?

In 2022, Avis Metal Industries 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

₹18.98 Cr

Satisfied Charges

₹2.12 Cr

Charges Breakdown by Lending Institutions

  • Axis Bank Limited : 17.36 Cr
  • Varachha Co. Op. Bank Ltd. : 1.62 Cr

Latest Charge Details

DateLenderAmountStatus
25 Jul 2023Axis Bank Limited₹8.18 CrOpen
01 Jan 2009Axis Bank Limited₹9.18 CrOpen
27 Aug 2005Varachha Co. Op. Bank Ltd.₹1.42 CrOpen
29 Jan 2004Varachha Co. Op. Bank Ltd.₹2.00 MOpen
11 Aug 2008The Varachha Co Op Bank Limited₹6.00 MSatisfied

How Many Employees Work at Avis Metal Industries?

Avis Metal Industries has a workforce of 86 employees as of Apr 11, 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 Avis Metal Industries Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Avis Metal Industries, 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 Metal Industries'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 Metal Industries

Recent activity within the organization

  • Annual General Meeting

    Avis Metal Industries Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Balance Sheet

    Avis Metal Industries Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.

  • Charges

    A charge with Axis Bank Limited of Rs. 8.18 Cr registered on 25 Jul 2023 with Charge ID 100751022 was modified on 29 Nov 2023.

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 8.18 Cr with Charge ID 100751022 was registered on 25 Jul 2023.

  • Charges

    A charge with Axis Bank Limited of Rs. 9.18 Cr registered on 01 Jan 2009 with Charge ID 10138800 was modified on 21 Oct 2020.

  • Charges

    A charge registered on 11 Aug 2008 via Charge ID 10119496 with The Varachha Co Op Bank Limited was fully satisfied on 10 Jan 2009.

Frequently asked questions

  • What is the Incorporation or founding date of Avis Metal Industries Limited?

    Avis Metal Industries Limited was incorporated on 19 Feb 1991.

  • What is authorized share capital and paid-up capital of Avis Metal Industries Limited?

    The authorized share capital of Avis Metal Industries Limited is ₹ 5.00 Cr and paid-up capital is ₹ 4.40 Cr.

  • Who are the current board members & directors of Avis Metal Industries Limited?

    Currently 4 directors are associated with Avis Metal Industries Limited.

    • Shailesh Ambabhai Mangukia
    • Jivrajbhai Premjibhai Patel
    • Manisha Narendrabhai Kukadia
    • Saritaben Jivrajbhai Patel
  • What is the registered address of Avis Metal Industries Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Avis Metal Industries Limited is Plot No. 7 Shankar Trikam Compound Ashwani Kumar Road, Opp. T.B. Hospital N Avagam India, Surat, Gujarat, 395008.

  • What is the corporate identification number (CIN) and company number of Avis Metal Industries Limited?

    The corporate identification number (CIN) of Avis Metal Industries Limited is U28113GJ1991PTC015089 and the company number is 015089 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Avis Metal Industries Limited?

    The Official website of Avis Metal Industries Limited is https://www.avismetal.in

  • What has been the recent revenue trend for Avis Metal Industries Limited?

    According to the financial reports for the fiscal year 2022, the revenue trend for Avis Metal Industries Limited has fallen by -5.63%.

  • How many employees does Avis Metal Industries Limited currently have?

    As Per 2022 financial reports, 86 employees are currently employed by Avis Metal Industries Limited.

  • What change has been observed in the net worth of Avis Metal Industries Limited, and by what percentage?

    The financial reports for the fiscal year 2022 indicates that The net worth of Avis Metal Industries Limited has experienced an upsurge of 6.84%.

  • What are the total open charges for Avis Metal Industries Limited?

    As per the financial statements for fiscal Year 2022, The total open charges for Avis Metal Industries Limited amount to ₹ 18.98 Cr.

  • When was the last Balance Sheet of Avis Metal Industries Limited filed with the ROC?

    The most recent Balance Sheet for Avis Metal Industries Limited was filed with the ROC on 31 Mar 2024.

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