Avro India Profile
Key Indicators
- Authorised Capital ₹ 15.00 Cr
- Paid Up Capital ₹ 10.09 Cr
- Company Age 28 Year, 7 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 seven 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
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Location
Ghaziabad, Uttar Pradesh, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media
Corporate Identity Details
Industry
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)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Sumit Bansal
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Company Secretary | 21-Aug-2020 | Current |
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Sahil Aggarwal
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Managing Director | 02-Dec-2009 | Current |
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Ghanshyam Singh
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CFO | 24-Jan-2019 | Current |
Board Members (7)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
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Nikhil Aggarwal
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Whole-Time Director | 14-Apr-2022 | Current |
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Pawan Dixit
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Director | 11-Feb-2022 | Current |
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Vandana Gupta
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Director | 21-Mar-2018 | Current |
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Sushil Aggarwal
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Whole-Time Director | 28-Sep-2002 | Current |
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Anita Aggarwal
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Director | 02-Dec-2009 | Current |
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Richa Kalra
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Director | 14-Apr-2022 | Current |
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%.
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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.
Related Corporates (Common Directorship)
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Skyline India LimitedVandana Gupta is a mutual person
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Confidence Petroleum India LimitedVandana Gupta is a mutual person
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Himachal Energy Private LimitedVandana Gupta is a mutual person
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Bonita Furniture Private LimitedAnita Aggarwal and Nikhil Aggarwal are mutual person
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Bharat Ekansh LimitedVandana Gupta is a mutual person
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Dcm Financial Services LimitedRicha Kalra is a mutual person
Charges (Loans)
₹20.96 Cr
₹13.86 Cr
Charges Breakdown by Lending Institutions
- Others : 20.39 Cr
- Axis Bank Limited : 0.57 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 31 May 2023 | Others | ₹1.80 M | Open |
| 27 Dec 2021 | Axis Bank Limited | ₹5.66 M | Open |
| 03 Feb 2017 | Others | ₹20.21 Cr | Open |
| 24 Nov 2020 | Others | ₹1.60 M | Satisfied |
| 26 Nov 2019 | Others | ₹1.60 M | Satisfied |
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.
Deals i
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
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.
