Avontec Automation Profile
Key Indicators
- Authorised Capital ₹ 1.00 Cr
- Paid Up Capital ₹ 5.06 M
- Company Age 39 Year, 4 Months
- Last Filing with ROC 31 Mar 2019
- Satisfied Charges ₹ 9.05 M
- Revenue Growth 37.59%
- Profit Growth -7.15%
- Ebitda 18.16%
- Net Worth -258.11%
- Total Assets 22.64%
About Avontec Automation
Avontec Automation Private Limited (AAPL) is a Private Limited Indian Non-Government Company incorporated in India on 06 November 1985 and has a history of 39 years and four months. Its registered office is in Pune, Maharashtra, India.
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.
Company Details
- Location
Pune, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- 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
Consumer Electronics & Durables
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
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- Cash Flow
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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 LimitedRavinderkaur Savadi is a mutual person
Arusan Systems LlpAmeet Nidmarty and Uma Nidmarty are mutual person
- Arusan Automation Private Limited
Ameet Nidmarty is a mutual person
- Arusan Consulting Private Limited
Ameet Nidmarty is a mutual person
- Vadmazon India Private Limited
Ravinderkaur Savadi is a mutual person
- Hiit80 Fitness Zone Training Private Limited
Uma Nidmarty is a mutual person
Charges (Loans)
Open Charges
₹0
Satisfied Charges
₹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.
Latest Updates, News, and FAQs on Avontec Automation
Recent activity within the organization
- Annual General Meeting
Avontec Automation Private Limited last Annual general meeting of members was held on 20 Feb 2020 as per latest MCA records.
- Charges
A charge registered on 04 Apr 2009 via Charge ID 10154565 with State Bank Of India was fully satisfied on 03 Sep 2019.
- Charges
A charge registered on 04 Apr 2002 via Charge ID 90082789 with State Bank Of India was fully satisfied on 03 Sep 2019.
- Charges
A charge registered on 09 Jan 1987 via Charge ID 90087584 with State Bank Of India was fully satisfied on 03 Sep 2019.
- Charges
A charge registered on 02 Dec 1986 via Charge ID 90087583 with State Bank Of India was fully satisfied on 03 Sep 2019.
- Balance Sheet
Avontec Automation Private Limited has filed its annual Financial statements for the year ended 31 Mar 2019 with Roc Pune.
Frequently asked questions
What is the Incorporation or founding date of Avontec Automation Private Limited?
Avontec Automation Private Limited was incorporated on 06 Nov 1985.
What is authorized share capital and paid-up capital of Avontec Automation Private Limited?
The authorized share capital of Avontec Automation Private Limited is ₹ 1.00 Cr and paid-up capital is ₹ 5.06 M.
Who are the current board members & directors of Avontec Automation Private Limited?
Currently 3 directors are associated with Avontec Automation Private Limited.
- Ameet Ramakrishna Nidmarty
- Ravinderkaur Vinayak Savadi
- Uma Nidmarty
What is the registered address of Avontec Automation Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Avontec Automation Private Limited is Plot No. Pap-G-70 Midc Phase Iii Chakan Industrial Area Village Kuruli, Ta Luka Khed India, Pune, Maharashtra, 410501.
What is the corporate identification number (CIN) and company number of Avontec Automation Private Limited?
The corporate identification number (CIN) of Avontec Automation Private Limited is U31100MH1985PTC037979 and the company number is 037979 as per Ministry of Corporate Affairs (MCA).
What is the official website of Avontec Automation Private Limited?
The Official website of Avontec Automation Private Limited is https://www.avontec.com
What has been the recent revenue trend for Avontec Automation Private Limited?
According to the financial reports for the fiscal year 2019, the revenue trend for Avontec Automation Private Limited has risen by 37.59%.
How many employees does Avontec Automation Private Limited currently have?
As Per 2019 financial reports, 8 employees are currently employed by Avontec Automation Private Limited.
What change has been observed in the net worth of Avontec Automation Private Limited, and by what percentage?
The financial reports for the fiscal year 2019 indicates that The net worth of Avontec Automation Private Limited has experienced an downturn of -258.11%.
When was the last Balance Sheet of Avontec Automation Private Limited filed with the ROC?
The most recent Balance Sheet for Avontec Automation Private Limited was filed with the ROC on 31 Mar 2019.
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