Avontec Automation Profile
Key Indicators
- Authorised Capital ₹ 1.00 Cr
as on 10-12-2024
- Paid Up Capital ₹ 5.06 M
as on 10-12-2024
- Company Age 39 Year, 2 Months
- Last Filing with ROC 31 Mar 2019
- Satisfied Charges ₹ 9.05 M
as on 10-12-2024
- Revenue 37.59%
(FY 2019)
- Profit -7.15%
(FY 2019)
- Ebitda 18.16%
(FY 2019)
- Net Worth -258.11%
(FY 2019)
- Total Assets 22.64%
(FY 2019)
About Avontec Automation
The Corporate was formerly known as Lectrotek Systems 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 2019. It's a company limited by shares with an authorized capital of Rs 1.00 Cr and a paid-up capital of Rs 5.06 M.
The company has closed loans amounting to ₹9.05 M, and has no open charges as per Ministry of Corporate Affairs (MCA) records.
Ameet Nidmarty, Ravinderkaur Savadi, and Uma Nidmarty serve as directors at the Company.
- CIN/LLPIN
U31100MH1985PTC037979
- Company No.
037979
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
06 Nov 1985
- Date of AGM
20 Feb 2020
- Date of Balance Sheet
31 Mar 2019
- Listing Status
Unlisted
- ROC Code
Roc Pune
Industry
Company Details
- Location
Pune, Maharashtra, India
- Telephone
- Email Address
- Website
- Social Media
What products or services does Avontec Automation Private Limited offer?
Avontec Automation Private Limited offers a wide range of products and services, including Clocks and Watches, Digital Clock, Sensors & Transducers, Transducers, LED Display Board & Light Boxes, Digital Display, Moving Message Displays, LED Displays, Measuring Equipments & Instruments, Calibrating Machine.
Who are the key members and board of directors at Avontec Automation?
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Ameet Nidmarty  | Director | 26-Sep-2016 | Current |
Ravinderkaur Savadi  | Director | 16-Feb-2019 | Current |
Uma Nidmarty  | Director | 09-Aug-2016 | Current |
Financial Performance of Avontec Automation.
Avontec Automation Private Limited, for the financial year ended 2019, experienced significant growth in revenue, with a 37.59% increase. The company also saw a slight decrease in profitability, with a 7.15% decrease in profit. The company's net worth observed a substantial decline by a decrease of 258.11%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Avontec Automation?
In 2019, Avontec Automation 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)
Ravon Engineering India Private LimitedActive 15 years 5 monthsRavinderkaur Savadi is a mutual person
Charges (Loans)
₹0
₹0.91 Cr
Charges Breakdown by Lending Institutions
- State Bank Of India : 0.79 Cr
- Anz Grindlays Bank Plc : 0.12 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 04 Apr 2009 | State Bank Of India | ₹4.00 M | Satisfied |
| 04 Apr 2002 | State Bank Of India | ₹2.00 M | Satisfied |
| 01 Oct 1992 | Anz Grindlays Bank Plc | ₹1.15 M | Satisfied |
| 09 Jan 1987 | State Bank Of India | ₹0.50 M | Satisfied |
| 02 Dec 1986 | State Bank Of India | ₹1.40 M | Satisfied |
How Many Employees Work at Avontec Automation?
Avontec Automation has a workforce of 8 employees as of Mar 29, 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 Avontec Automation, 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 Avontec Automation'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.
