Avonix Electric Private Limited

Founded in 2013 and headquartered in Karnataka, India.

2013 | Bangaluru, Karnataka (India) | Active
Last Updated: December 13, 2024

Avonix Electric Profile

Key Indicators

  • Authorised Capital ₹ 0.10 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 11 Year, 11 Months
  • Last Filing with ROC 31 Mar 2023
  • Revenue Growth -37.58%
  • Profit Growth 143.21%
  • Ebitda 146.69%
  • Net Worth 8.35%
  • Total Assets -1.80%

About Avonix Electric

Avonix Electric Private Limited (AEPL) is a Private Limited Indian Non-Government Company incorporated in India on 11 February 2013 and has a history of 11 years and 11 months. Its registered office is in Bangaluru, Karnataka, India.

The Company is engaged in the Trading 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 0.10 M and a paid-up capital of Rs 0.10 M, as per Ministry of Corporate Affairs (MCA) records.

Mavila Nambiar and Padmanabhan Chedambath serve as directors at the Company.

Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U74900KA2013PTC067828

  • Company No.

    067828

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    11 Feb 2013

  • Date of AGM

    29 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Trading

Who are the key members and board of directors at Avonix Electric?

Board Members (2)

Name Designation Appointment Date Status
Padmanabhan Chedambath Country flag representing In Additional Director 24-Aug-2015 Current
Mavila Nambiar Country flag representing In Director 11-Feb-2013 Current

Financial Performance of Avonix Electric.

Avonix Electric Private Limited, for the financial year ended 2020, experienced significant reduction in revenue, with a 37.58% decrease. The company also saw a substantial improvement in profitability, with a 143.21% increase in profit. The company's net worth moved up by a moderate rise of 8.35%.

Graph illustrating revenue growth over time
Graph showing 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
-37.58%
Revenue from Operations
-37.65%
Total Assets
-1.80%
Profit or Loss
143.21%
Net Worth
8.35%
EBITDA
146.69%

What is the Ownership and Shareholding Structure of Avonix Electric?

In 2017, Avonix Electric 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)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Avonix Electric?

Unlock and access historical data on people associated with Avonix Electric, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Avonix Electric, 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 Avonix Electric'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 Avonix Electric

Recent activity within the organization

  • Annual General Meeting

    Avonix Electric Private Limited last Annual general meeting of members was held on 29 Sep 2023 as per latest MCA records.

    29 Sep 2023

  • Balance Sheet

    Avonix Electric Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.

    31 Mar 2023

  • Director Appointment

    Padmanabhan Chedambath was appointed as a Additional Director was appointed as a Additional Director on 24 Aug 2015 & has been associated with this company since 9 years 5 months .

    24 Aug 2015

  • Director Appointment

    Mavila Veetil Rajan Nambiar was appointed as a Director was appointed as a Director on 11 Feb 2013 & has been associated with this company since 11 years 11 months .

    11 Feb 2013

  • Company Incorporation

    Avonix Electric Private Limited was registered on 11 Feb 2013 with Roc Bangalore & aged 11 years 11 months as per MCA records.

    11 Feb 2013

Frequently asked questions

  • Avonix Electric Private Limited was incorporated on 11 Feb 2013.

  • The authorized share capital of Avonix Electric Private Limited is ₹ 0.10 M and paid-up capital is ₹ 0.10 M.

  • Currently 2 directors are associated with Avonix Electric Private Limited.

    • Mavila Veetil Rajan Nambiar
    • Padmanabhan Chedambath
  • As per Ministry of Corporate Affairs (Mca), the registered address of Avonix Electric Private Limited is No.33 1St Main Road N.R.Colony, Basavanagudi India, Bengaluru, Karnataka, 560004.

  • The corporate identification number (CIN) of Avonix Electric Private Limited is U74900KA2013PTC067828 and the company number is 067828 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2020, the revenue trend for Avonix Electric Private Limited has fallen by -37.58%.

  • The financial reports for the fiscal year 2020 indicates that The net worth of Avonix Electric Private Limited has experienced an upsurge of 8.35%.

  • The most recent Balance Sheet for Avonix Electric Private Limited was filed with the ROC on 31 Mar 2023.

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