Avon Cottex Private Limited

Textile manufacturing and fabrication services for various types of fabrics in Ludhiana, Punjab.

2011 | Ludhiana, Punjab (India) | Active
Last Updated:

Avon Cottex Profile

Key Indicators

  • Authorised Capital ₹ 9.00 Cr
  • Paid Up Capital ₹ 8.67 Cr
  • Company Age 13 Year, 7 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 33.95 Cr
  • Satisfied Charges ₹ 26.25 Cr
  • Revenue Growth 14.44%
  • Profit Growth -22.40%
  • Ebitda 16.53%
  • Net Worth 9.56%
  • Total Assets 6.35%

About Avon Cottex

Avon Cottex Private Limited (ACPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 13 October 2011 and has a history of 13 years and seven months. Its registered office is in Ludhiana, Punjab, India.

The Company is engaged in the Manufacturing 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 9.00 Cr and a paid-up capital of Rs 8.67 Cr.

The company currently has active open charges totaling ₹33.95 Cr. The company has closed loans amounting to ₹26.25 Cr, as per Ministry of Corporate Affairs (MCA) records.

Satnam Singh, Gaganjot Singh, and Taranjit Pruthi serve as directors at the Company.

Company Details

  • Location

    Ludhiana, Punjab, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U17290PB2011PTC035549

  • Company No.

    035549

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    13 Oct 2011

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chandigarh

Industry

Manufacturing

What products or services does Avon Cottex Private Limited offer?

Avon Cottex Private Limited offers a wide range of products and services, including Apparel Fabrics & Clothing Textiles, Printed Fabrics, Fabric, Cotton Textile, Velvet Textile.

Company report

Avon Cottex Private Limited

Explore comprehensive data for Avon Cottex Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Avon Cottex?

Board Members (3)

NameDesignationAppointment DateStatus
Taranjit Pruthi Country flag representing In Director 13-Oct-2011Current
Gaganjot Singh Country flag representing In Director 13-Oct-2011Current
Satnam Singh Country flag representing In Director 24-Aug-2013Current

Financial Performance of Avon Cottex.

Avon Cottex Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 14.44% increase. The company also saw a substantial fall in profitability, with a 22.4% decrease in profit. The company's net worth moved up by a moderate rise of 9.56%.

Avon Cottex revenue growth over time
Avon Cottex 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
14.44%
Revenue from Operations
15.31%
Total Assets
6.35%
Profit or Loss
-22.40%
Net Worth
9.56%
EBITDA
16.53%

What is the Ownership and Shareholding Structure of Avon Cottex?

In 2023, Avon Cottex 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

₹33.95 Cr

Satisfied Charges

₹26.25 Cr

Charges Breakdown by Lending Institutions

  • Axis Bank Limited : 33.83 Cr
  • Hdfc Bank Limited : 0.12 Cr

Latest Charge Details

DateLenderAmountStatus
04 Jul 2024Hdfc Bank Limited₹1.20 MOpen
22 Feb 2019Axis Bank Limited₹33.83 CrOpen
21 Oct 2021Others₹7.50 MSatisfied
15 Jan 2014State Bank Of India₹25.50 CrSatisfied

How Many Employees Work at Avon Cottex?

Avon Cottex has a workforce of 14 employees as of Apr 07, 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 Avon Cottex Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Avon Cottex, 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 Avon Cottex'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 Avon Cottex

Recent activity within the organization

  • Charges

    A charge registered on 21 Oct 2021 via Charge ID 100509140 with Others was fully satisfied on 29 Nov 2024.

  • Annual General Meeting

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

  • Charges

    A charge with Axis Bank Limited of Rs. 33.83 Cr registered on 22 Feb 2019 with Charge ID 100244598 was modified on 13 Sep 2024.

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.12 Cr with Charge ID 100954746 was registered on 04 Jul 2024.

  • Balance Sheet

    Avon Cottex Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chandigarh.

  • Charges

    A charge with Others amounted to Rs. 0.75 Cr with Charge ID 100509140 was registered on 21 Oct 2021.

Frequently asked questions

  • What is the Incorporation or founding date of Avon Cottex Private Limited?

    Avon Cottex Private Limited was incorporated on 13 Oct 2011.

  • What is authorized share capital and paid-up capital of Avon Cottex Private Limited?

    The authorized share capital of Avon Cottex Private Limited is ₹ 9.00 Cr and paid-up capital is ₹ 8.67 Cr.

  • Who are the current board members & directors of Avon Cottex Private Limited?

    Currently 3 directors are associated with Avon Cottex Private Limited.

    • Satnam Singh
    • Gaganjot Singh
    • Taranjit Singh Pruthi

  • What is the registered address of Avon Cottex Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Avon Cottex Private Limited is Village And Post Office- Mangat Rahon Road, India, Ludhiana, Punjab, 141007.

  • What is the corporate identification number (CIN) and company number of Avon Cottex Private Limited?

    The corporate identification number (CIN) of Avon Cottex Private Limited is U17290PB2011PTC035549 and the company number is 035549 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Avon Cottex Private Limited?

    The Official website of Avon Cottex Private Limited is https://www.avoncottex.in

  • What has been the recent revenue trend for Avon Cottex Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Avon Cottex Private Limited has risen by 14.44%.

  • How many employees does Avon Cottex Private Limited currently have?

    As Per 2023 financial reports, 14 employees are currently employed by Avon Cottex Private Limited.

  • What change has been observed in the net worth of Avon Cottex Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Avon Cottex Private Limited has experienced an upsurge of 9.56%.

  • What are the total open charges for Avon Cottex Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Avon Cottex Private Limited amount to ₹ 33.95 Cr.

  • When was the last Balance Sheet of Avon Cottex Private Limited filed with the ROC?

    The most recent Balance Sheet for Avon Cottex Private Limited was filed with the ROC on 31 Mar 2024.

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