Avonflex Profile
Key Indicators
- Authorised Capital ₹ 1.75 Cr
as on 16-06-2024
- Paid Up Capital ₹ 1.47 Cr
as on 16-06-2024
- Company Age 5 Year, 8 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 25.07 Cr
as on 16-06-2024
- Revenue 15.40%
(FY 2023)
- Profit 20.49%
(FY 2023)
- Ebitda 46.38%
(FY 2023)
- Net Worth 21.73%
(FY 2023)
- Total Assets 40.50%
(FY 2023)
About Avonflex
The Company is engaged in the Packaging 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 1.75 Cr and a paid-up capital of Rs 1.47 Cr.
The company currently has active open charges totaling ₹25.07 Cr.
Purshottam Atasniya, Kamal Atasniya, Shyam Atasniya, and Three other members serve as directors at the Company.
- CIN/LLPIN
U25209TG2019PTC131937
- Company No.
131937
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
05 Apr 2019
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Hyderabad
Industry
Company Details
- Location
Hyderabad, Telangana, India
- Telephone
- Email Address
- Website
- Social Media-
What products or services does Avonflex Private Limited offer?
Avonflex Private Limited offers a wide range of products and services, including Bulk Bags & Sacks, Agricultural Bags, Packaging, Laminated & Zip Bags, Printed Plastic Bag, Packaging Pouches & Envelopes, Gusseted, Spout and Stand Up Pouch, Food Packaging Bag, Pillow Pouches, Center Seal Pouches, Transparent Packaging Bags.
Who are the key members and board of directors at Avonflex?
Board Members(6)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Neelesh Atasniya  | Director | 05-Apr-2019 | Current |
| Purshottam Atasniya | Director | 05-Apr-2019 | Current |
| Kamal Atasniya | Director | 05-Apr-2019 | Current |
| Shyam Atasniya | Director | 05-Apr-2019 | Current |
| Brijesh Atasniya | Director | 05-Apr-2019 | Current |
| Riteshkumar Atasniya | Director | 05-Apr-2019 | Current |
Financial Performance of Avonflex.
Avonflex Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 15.4% increase. The company also saw a substantial improvement in profitability, with a 20.49% increase in profit. The company's net worth Soared by an impressive increase of 21.73%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Avonflex?
In 2022, Avonflex 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)
Avonflex Propack Private LimitedActive 1 year 1 monthRiteshkumar Atasniya and Neelesh Atasniya are mutual person
Axon Polyfilms LlpActive 9 years 10 monthsPurshottam Atasniya, Brijesh Atasniya and 1 more are mutual person
- Atasniya Enterprises Private LimitedActive 7 years 4 months
Riteshkumar Atasniya and Neelesh Atasniya are mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Sidbi Creation Date: 16 Feb 2024 | ₹5.06 Cr | Open |
Others Creation Date: 19 Oct 2022 | ₹0.89 M | Open |
Hdfc Bank Limited Creation Date: 05 Jul 2019 | ₹19.92 Cr | Open |
How Many Employees Work at Avonflex?
Avonflex has a workforce of 18 employees as of Apr 03, 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 Avonflex, 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 Avonflex'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.
