Avnet India Private Limited

Global distributor of electronic components and provider of marketing support services for industrial customers.

1998 | Bangaluru, Karnataka (India) | Active
Last Updated: October 24, 2024

Avnet India Profile

Key Indicators

  • Authorised Capital ₹ 4.50 Cr
  • Paid Up Capital ₹ 3.00 Cr
  • Company Age 26 Year, 5 Months
  • Last Filing with ROC 31 Mar 2023
  • Revenue Growth 29.56%
  • Profit Growth 194.90%
  • Ebitda 318.46%
  • Net Worth 29.48%
  • Total Assets 27.97%

About Avnet India

Avnet India Private Limited (AIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 24 August 1998 and has a history of 26 years and five months. Its registered office is in Bangaluru, Karnataka, India.

The Company is engaged in the Information Technology 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 4.50 Cr and a paid-up capital of Rs 3.00 Cr, as per Ministry of Corporate Affairs (MCA) records.

Anjana Nair, Suresh Kamath, and Darrel Jackson serve as directors at the Company.

Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U31909KA1998PTC034391

  • Company No.

    034391

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    24 Aug 1998

  • Date of AGM

    10 Nov 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Information Technology

What products or services does Avnet India Private Limited offer?

Avnet India Private Limited offers a wide range of products and services, including GPS and Navigation Devices, GPS Accessories, Ferrite Cores, GPS Modules, Computer Parts, Analog Switch, Battery Accessories, Battery Management System, Power Inductor, SMD Inductor.

Who are the key members and board of directors at Avnet India?

Board Members (3)

Name Designation Appointment Date Status
Anjana Nair Country flag representing In Director 14-Feb-2013 Current
Suresh Kamath Country flag representing In Director 11-Mar-2021 Current
Darrel Jackson Country flag representing Us Additional Director 16-Mar-2024 Current

Financial Performance of Avnet India.

Avnet India Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 29.56% increase. The company also saw a substantial improvement in profitability, with a 194.9% increase in profit. The company's net worth Soared by an impressive increase of 29.48%.

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
29.56%
Revenue from Operations
30.69%
Total Assets
27.97%
Profit or Loss
194.90%
Net Worth
29.48%
EBITDA
318.46%

What is the Ownership and Shareholding Structure of Avnet India?

In 2023, Avnet India 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)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Avnet India?

Avnet India has a workforce of 130 employees as of Mar 25, 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 Avnet India, 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 Avnet India'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 Avnet India

Recent activity within the organization

  • Director Appointment

    Darrel Scott Jackson was appointed as a Additional Director was appointed as a Additional Director on 16 Mar 2024 & has been associated with this company since 10 months 19 days .

    16 Mar 2024

  • Annual General Meeting

    Avnet India Private Limited last Annual general meeting of members was held on 10 Nov 2023 as per latest MCA records.

    10 Nov 2023

  • Balance Sheet

    Avnet India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.

    31 Mar 2023

  • Director Appointment

    Suresh Keshav Kamath was appointed as a Director was appointed as a Director on 11 Mar 2021 & has been associated with this company since 3 years 10 months .

    11 Mar 2021

  • Director Appointment

    Anjana M Nair was appointed as a Director was appointed as a Director on 14 Feb 2013 & has been associated with this company since 11 years 11 months .

    14 Feb 2013

  • Company Incorporation

    Avnet India Private Limited was registered on 24 Aug 1998 with Roc Bangalore & aged 26 years 5 months as per MCA records.

    24 Aug 1998

Frequently asked questions

  • Avnet India Private Limited was incorporated on 24 Aug 1998.

  • The authorized share capital of Avnet India Private Limited is ₹ 4.50 Cr and paid-up capital is ₹ 3.00 Cr.

  • Currently 3 directors are associated with Avnet India Private Limited.

    • Anjana M Nair
    • Suresh Keshav Kamath
    • Darrel Scott Jackson
  • As per Ministry of Corporate Affairs (Mca), the registered address of Avnet India Private Limited is No. 402 4Th Floor, Tower B - Rmz Infinity Old Madras Road India, Bangalore, Karnataka, 560016.

  • The corporate identification number (CIN) of Avnet India Private Limited is U31909KA1998PTC034391 and the company number is 034391 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Avnet India Private Limited is https://www.avnet.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Avnet India Private Limited has risen by 29.56%.

  • As Per 2023 financial reports, 130 employees are currently employed by Avnet India Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Avnet India Private Limited has experienced an upsurge of 29.48%.

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

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