Avro India Limited

Manufacturer and trader of plastic molded furniture, sold online and in North India.

1996 | Ghaziabad, Uttar Pradesh (India) | Active
Last Updated:

Avro India Profile

Key Indicators

  • Authorised Capital ₹ 15.00 Cr
  • Paid Up Capital ₹ 10.09 Cr
  • Company Age 28 Year, 8 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 20.96 Cr
  • Satisfied Charges ₹ 13.86 Cr
  • Revenue Growth 26.28%
  • Profit Growth 39.49%
  • Ebitda 21.69%
  • Net Worth 20.09%
  • Total Assets 9.84%

About Avro India

Avro India Limited (AIL) is a leading Public Limited Indian Non-Government Company incorporated in India on 01 July 1996 and has a history of 28 years and eight months. Its registered office is in Ghaziabad, Uttar Pradesh, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 543512 and on the National Stock Exchange(NSE) under AVROIND.

The Corporate was formerly known as Avon Moldplast Private Limited. The Company is engaged in the Consumer Electronics & Durables 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 15.00 Cr and a paid-up capital of Rs 10.09 Cr.

The company currently has active open charges totaling ₹20.96 Cr. The company has closed loans amounting to ₹13.86 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Avro India Limited India are Sumit Bansal as COMPANY SECRETARY and Ghanshyam Singh as Cfo. Vandana Gupta, Sushil Aggarwal, Anita Aggarwal, and Five other members serve as directors at the Company.

Company Details

  • Location

    Ghaziabad, Uttar Pradesh, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    L25200UP1996PLC101013

  • Company No.

    101013

  • Stock Symbol

    BSE : 543512 NSE : AVROIND

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    01 Jul 1996

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Listed

  • ROC Code

    Roc Kanpur

Industry

Consumer Electronics & Durables

What products or services does Avro India Limited offer?

Avro India Limited offers a wide range of products and services, including Carts, Dollies & Trolleys, Trolley, Plastic Furniture & Supplies, Plastic Tables & Stools, Kids Plastic Furniture, Metal Furniture Suppliers, Metal Chair, Plastic Chairs & Chairs Set.

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

Executive Team (3)

NameDesignationAppointment DateStatus
Sumit Bansal Country flag representing In Company Secretary21-Aug-2020Current
Sahil Aggarwal Country flag representing In Managing Director02-Dec-2009Current
Ghanshyam Singh Country flag representing In CFO24-Jan-2019Current

Board Members (7)

NameDesignationAppointment DateStatus
Nikhil Aggarwal Country flag representing In Whole-Time Director 14-Apr-2022Current
Pawan Dixit Country flag representing In Director 11-Feb-2022Current
Vandana Gupta Country flag representing In Director 21-Mar-2018Current
Sushil Aggarwal Country flag representing In Whole-Time Director 28-Sep-2002Current
Anita Aggarwal Country flag representing In Director 02-Dec-2009Current
Richa Kalra Country flag representing In Director 14-Apr-2022Current

Financial Performance of Avro India.

Avro India Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 26.28% increase. The company also saw a substantial improvement in profitability, with a 39.49% increase in profit. The company's net worth Soared by an impressive increase of 20.09%.

Avro India revenue growth over time
Avro India 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
26.28%
Revenue from Operations
23.59%
Total Assets
9.84%
Profit or Loss
39.49%
Net Worth
20.09%
EBITDA
21.69%

What is the Ownership and Shareholding Structure of Avro India?

In 2023, Avro India had a promoter holding of 70.37% and a public holding of 29.62%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹20.96 Cr

Satisfied Charges

₹13.86 Cr

Charges Breakdown by Lending Institutions

  • Others : 20.39 Cr
  • Axis Bank Limited : 0.57 Cr

Latest Charge Details

DateLenderAmountStatus
31 May 2023Others₹1.80 MOpen
27 Dec 2021Axis Bank Limited₹5.66 MOpen
03 Feb 2017Others₹20.21 CrOpen
24 Nov 2020Others₹1.60 MSatisfied
26 Nov 2019Others₹1.60 MSatisfied

How Many Employees Work at Avro India?

Avro India has a workforce of 22 employees as of Apr 08, 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 Avro India Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Avro 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 Avro 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 Avro India

Recent activity within the organization

  • Charges

    A charge with Others of Rs. 20.21 Cr registered on 03 Feb 2017 with Charge ID 100091290 was modified on 24 Feb 2024.

  • Charges

    A charge registered on 24 Nov 2020 via Charge ID 100400447 with Others was fully satisfied on 27 Nov 2023.

  • Annual General Meeting

    Avro India Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

  • Charges

    A charge with Others amounted to Rs. 0.18 Cr with Charge ID 100734140 was registered on 31 May 2023.

  • Balance Sheet

    Avro India Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Kanpur.

  • Charges

    A charge registered on 26 Nov 2019 via Charge ID 100320324 with Others was fully satisfied on 24 Mar 2023.

Frequently asked questions

  • What is the Incorporation or founding date of Avro India Limited?

    Avro India Limited was incorporated on 01 Jul 1996.

  • What is authorized share capital and paid-up capital of Avro India Limited?

    The authorized share capital of Avro India Limited is ₹ 15.00 Cr and paid-up capital is ₹ 10.09 Cr.

  • Who are the current board members & directors of Avro India Limited?

    Currently 10 directors are associated with Avro India Limited.

    • Vandana Gupta
    • Sushil Kumar Aggarwal
    • Anita Aggarwal
    • Sahil Aggarwal
    • Nikhil Aggarwal
    • Richa Kalra
    • Pawan Dixit
    • Sushil Kumar Goyal
    • Sumit Bansal
    • Ghanshyam Singh

  • What is the registered address of Avro India Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Avro India Limited is A-7/36-39 South Of G.T.Road Industrial Area Electrosteel Casting Compound, Ghaziabad, Uttar Pradesh, India, 201009.

  • What is the corporate identification number (CIN) and company number of Avro India Limited?

    The corporate identification number (CIN) of Avro India Limited is L25200UP1996PLC101013 and the company number is 101013 as per Ministry of Corporate Affairs (MCA).

  • Is Avro India Limited registered with any stock exchange in India?

    Yes, Avro India Limited is registered on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE): AVROIND.

  • What is the official website of Avro India Limited?

    The Official website of Avro India Limited is https://www.avrofurniture.com

  • What has been the recent revenue trend for Avro India Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Avro India Limited has risen by 26.28%.

  • How many employees does Avro India Limited currently have?

    As Per 2023 financial reports, 22 employees are currently employed by Avro India Limited.

  • What change has been observed in the net worth of Avro India Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Avro India Limited has experienced an upsurge of 20.09%.

  • What are the total open charges for Avro India Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Avro India Limited amount to ₹ 20.96 Cr.

  • When was the last Balance Sheet of Avro India Limited filed with the ROC?

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

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