Avon Cottex Profile
Key Indicators
- Authorised Capital ₹ 9.00 Cr
- Paid Up Capital ₹ 8.67 Cr
- Company Age 13 Year, 4 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 38.69 Cr
- Satisfied Charges ₹ 25.50 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 four 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 2023. 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 ₹38.69 Cr. The company has closed loans amounting to ₹25.50 Cr, as per Ministry of Corporate Affairs (MCA) records.
Taranjit Pruthi, Gaganjot Singh, and Satnam Singh serve as directors at the Company.
Company Details
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Location
Ludhiana, Punjab, India
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Telephone
+91-XXXXXXXXXX
- Email Address
- Website
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Social Media
Corporate Identity Details
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CIN/LLPIN
U17290PB2011PTC035549
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Company No.
035549
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
13 Oct 2011
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Date of AGM
30 Sep 2023
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Date of Balance Sheet
31 Mar 2023
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Listing Status
Unlisted
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ROC Code
Roc Chandigarh
Industry
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.
Who are the key members and board of directors at Avon Cottex?
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Taranjit Pruthi
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Director | 13-Oct-2011 | Current |
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Gaganjot Singh
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Director | 13-Oct-2011 | Current |
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Satnam Singh
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Director | 24-Aug-2013 | Current |
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%.
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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.
Related Corporates (Common Directorship)
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Avon Cotsyn Private LimitedTaranjit Pruthi, Gaganjot Singh and 1 more are mutual person
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Avon Knits Private Limited
Gaganjot Singh is a mutual person
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Avon Ventures Private Limited
Gaganjot Singh is a mutual person
Charges (Loans)
₹38.69 Cr
₹25.50 Cr
Charges Breakdown by Lending Institutions
- Axis Bank Limited : 37.94 Cr
- Others : 0.75 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 21 Oct 2021 | Others | ₹7.50 M | Open |
| 22 Feb 2019 | Axis Bank Limited | ₹37.94 Cr | Open |
| 15 Jan 2014 | State Bank Of India | ₹25.50 Cr | Satisfied |
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.
Deals i
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
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
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.
