Avk Ispat Private Limited

Company trades steel products and offers environmentally-friendly options to clients like Reliance and Tata.

2010 | Mumbai, Maharashtra (India) | Active
Last Updated: November 17, 2024

Avk Ispat Profile

Key Indicators

  • Authorised Capital ₹ 8.75 Cr
  • Paid Up Capital ₹ 8.56 Cr
  • Company Age 14 Year, 5 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 37.40 Cr
  • Satisfied Charges ₹ 2.69 Cr
  • Revenue Growth -25.46%
  • Profit Growth -17.40%
  • Ebitda 24.62%
  • Net Worth 1.87%
  • Total Assets 2.36%

About Avk Ispat

Avk Ispat Private Limited (AIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 15 September 2010 and has a history of 14 years and five months. Its registered office is in Mumbai, Maharashtra, India.

The Company is engaged in the Metals And Minerals 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 8.75 Cr and a paid-up capital of Rs 8.56 Cr.

The company currently has active open charges totaling ₹37.40 Cr. The company has closed loans amounting to ₹2.69 Cr, as per Ministry of Corporate Affairs (MCA) records.

Vimal Sevada and Ritu Sevada serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    avkispat.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U51420MH2010PTC207660

  • Company No.

    207660

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    15 Sep 2010

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Metals and Minerals

What products or services does Avk Ispat Private Limited offer?

Avk Ispat Private Limited offers a wide range of products and services, including Engine & Engine Spare Parts, Engine Components, Metal Scrap & Waste Materials, MS Scraps, Metal Scrap, Non Ferrous Metal Scraps, Ferrous Metal Scrap, Brass Hinges, Brass Door Hinges.

Who are the key members and board of directors at Avk Ispat?

Board Members (2)

NameDesignationAppointment DateStatus
Vimal Sevada Country flag representing In Director 15-Sep-2010Current
Ritu Sevada Country flag representing In Director 05-Jan-2021Current

Financial Performance of Avk Ispat.

Avk Ispat Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 25.46% decrease. The company also saw a substantial fall in profitability, with a 17.4% decrease in profit. The company's net worth moved up by a moderate rise of 1.87%.

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
-25.46%
Revenue from Operations
-25.45%
Total Assets
2.36%
Profit or Loss
-17.40%
Net Worth
1.87%
EBITDA
24.62%

What is the Ownership and Shareholding Structure of Avk Ispat?

In 2023, Avk Ispat 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

₹37.40 Cr

Satisfied Charges

₹2.69 Cr

Charges Breakdown by Lending Institutions

  • Others : 37.40 Cr

Latest Charge Details

DateLenderAmountStatus
22 Feb 2013Others₹18.70 CrOpen
22 Feb 2013Others₹18.70 CrOpen
12 Mar 2021Others₹2.69 CrSatisfied

How Many Employees Work at Avk Ispat?

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

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Avk Ispat, 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 Avk Ispat'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 Avk Ispat

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2024

  • Balance Sheet

    Avk Ispat Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

    31 Mar 2024

  • Charges

    A charge registered on 12 Mar 2021 via Charge ID 100430661 with Others was fully satisfied on 06 Dec 2022.

    06 Dec 2022

  • Charges

    A charge with Others amounted to Rs. 2.69 Cr with Charge ID 100430661 was registered on 12 Mar 2021.

    12 Mar 2021

  • Director Appointment

    Ritu Vimal Sevada was appointed as a Director was appointed as a Director on 05 Jan 2021 & has been associated with this company since 4 years 1 month .

    05 Jan 2021

  • Charges

    A charge with Others of Rs. 18.70 Cr registered on 22 Feb 2013 with Charge ID 10420631 was modified on 18 Apr 2020.

    18 Apr 2020

Frequently asked questions

  • Avk Ispat Private Limited was incorporated on 15 Sep 2010.

  • The authorized share capital of Avk Ispat Private Limited is ₹ 8.75 Cr and paid-up capital is ₹ 8.56 Cr.

  • Currently 2 directors are associated with Avk Ispat Private Limited.

    • Vimal Daulatram Sevada
    • Ritu Vimal Sevada
  • As per Ministry of Corporate Affairs (Mca), the registered address of Avk Ispat Private Limited is B-106 Yogi Paradise Nagar Link Road, Borivali (W) India, Mumbai, Maharashtra, 400091.

  • The corporate identification number (CIN) of Avk Ispat Private Limited is U51420MH2010PTC207660 and the company number is 207660 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Avk Ispat Private Limited is https://www.avkispat.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Avk Ispat Private Limited has fallen by -25.46%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Avk Ispat Private Limited has experienced an upsurge of 1.87%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Avk Ispat Private Limited amount to ₹ 37.40 Cr.

  • The most recent Balance Sheet for Avk Ispat Private Limited was filed with the ROC on 31 Mar 2024.

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