Avon Global Solutions Profile
Key Indicators
- Authorised Capital ₹ 1.00 Cr
- Paid Up Capital ₹ 5.00 M
- Company Age 17 Year, 8 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 14.33 Cr
- Satisfied Charges ₹ 2.52 Cr
- Revenue Growth 45.93%
- Profit Growth 9.11%
- Ebitda -5.66%
- Net Worth 9.68%
- Total Assets 13.90%
About Avon Global Solutions
Avon Global Solutions Private Limited (AGSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 08 May 2007 and has a history of 17 years and eight months. Its registered office is in Chennai, Tamil Nadu, 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 1.00 Cr and a paid-up capital of Rs 5.00 M.
The company currently has active open charges totaling ₹14.33 Cr. The company has closed loans amounting to ₹2.52 Cr, as per Ministry of Corporate Affairs (MCA) records.
Thiruppachur Vasanthakrishnan, Prashanth Vasanthakrishnan, Vinodhini Vasanthakrishnan, and One other member serve as directors at the Company.
Company Details
-
Location
Chennai, Tamil Nadu, India
-
Telephone
+91-XXXXXXXXXX
-
Email Address
-
Website
-
Social Media-
Corporate Identity Details
-
CIN/LLPIN
U72900TN2007PTC063402
-
Company No.
063402
-
Company Classification
Private Limited Indian Non-Government Company
-
Incorporation Date
08 May 2007
-
Date of AGM
30 Sep 2023
-
Date of Balance Sheet
31 Mar 2023
-
Listing Status
Unlisted
-
ROC Code
Roc Chennai
Industry
Who are the key members and board of directors at Avon Global Solutions?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Thiruppachur Vasanthakrishnan
|
Managing Director | 08-May-2007 | Current |
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
|
Prashanth Vasanthakrishnan
|
Director | 25-Mar-2019 | Current |
|
Vinodhini Vasanthakrishnan
|
Director | 25-Mar-2019 | Current |
|
Vasanathakrishnan Nirmala
|
Director | 08-May-2007 | Current |
Financial Performance of Avon Global Solutions.
Avon Global Solutions Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 45.93% increase. The company also saw a slight improvement in profitability, with a 9.11% increase in profit. The company's net worth moved up by a moderate rise of 9.68%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metrics |
|
(FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
|
||||||
| Revenue from Operations |
|
||||||
| Total Assets |
|
||||||
| Profit or Loss |
|
||||||
| Net Worth |
|
||||||
| EBITDA |
|
What is the Ownership and Shareholding Structure of Avon Global Solutions?
In 2023, Avon Global Solutions 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)
-
Avex Logistics Private LimitedPrashanth Vasanthakrishnan is a mutual person
-
Medify Systems Private LimitedThiruppachur Vasanthakrishnan and Vasanathakrishnan Nirmala are mutual person
-
-
-
Skalabil Technologies Private Limited
Prashanth Vasanthakrishnan and Vasanathakrishnan Nirmala are mutual person
Charges (Loans)
₹14.33 Cr
₹2.52 Cr
Charges Breakdown by Lending Institutions
- Others : 13.85 Cr
- Hdfc Bank Limited : 0.48 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 14 Jul 2023 | Hdfc Bank Limited | ₹3.24 M | Open |
| 30 Sep 2021 | Hdfc Bank Limited | ₹1.55 M | Open |
| 27 Jun 2020 | Others | ₹1.20 Cr | Open |
| 23 Nov 2015 | Others | ₹12.65 Cr | Open |
| 20 Aug 2015 | Siemens Financial Services Private Limited | ₹5.78 M | Satisfied |
How Many Employees Work at Avon Global Solutions?
Avon Global Solutions has a workforce of 185 employees as of Apr 09, 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 Global Solutions, 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 Global Solutions'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.
