Avt Mccormick Ingredients Private Limited

Spice processing company with international distribution and custom blends for food industry.

1993 | Chennai, Tamil Nadu (India) | Active
Last Updated:

Avt Mccormick Ingredients Profile

Key Indicators

  • Authorised Capital ₹ 24.00 Cr
  • Paid Up Capital ₹ 21.60 Cr
  • Company Age 31 Year, 3 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 225.00 Cr
  • Satisfied Charges ₹ 49.50 Cr
  • Revenue Growth -10.24%
  • Profit Growth -89.19%
  • Ebitda -69.42%
  • Net Worth -3.38%
  • Total Assets -19.91%

About Avt Mccormick Ingredients

Avt Mccormick Ingredients Private Limited (AMIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 22 December 1993 and has a history of 31 years and three months. Its registered office is in Chennai, Tamil Nadu, India.

The Corporate was formerly known as Avt Mccormick Ingredients Limited. The Company is engaged in the Food And Beverages Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 24.00 Cr and a paid-up capital of Rs 21.60 Cr.

The company currently has active open charges totaling ₹225.00 Cr. The company has closed loans amounting to ₹49.50 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Avt Mccormick Ingredients Private Limited India is Kolbe as COMPANY SECRETARY. Ajit Thomas, Sushama Srikandath, Sumeet Vohra, and Three other members serve as directors at the Company.

Company Details

  • Location

    Chennai, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U51225TN1993PTC026433

  • Company No.

    026433

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    22 Dec 1993

  • Date of AGM

    01 Aug 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Food and Beverages
Company report

Avt Mccormick Ingredients Private Limited

Explore comprehensive data for Avt Mccormick Ingredients Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Avt Mccormick Ingredients?

Executive Team (2)

NameDesignationAppointment DateStatus
Sushama Srikandath Country flag representing In Managing Director18-Sep-2003Current
Jitin Kolbe Company Secretary03-May-2023Current

Board Members (5)

NameDesignationAppointment DateStatus
Ajit Thomas Country flag representing In Director 22-Dec-1993Current
Sumeet Vohra Country flag representing In Director 29-Jan-2024Current
Tarun Jain Country flag representing In Director 13-Feb-2024Current
Rahul Thomas Country flag representing Ca Director 27-Jan-2024Current
Donald Pratt Country flag representing Us Director 01-Apr-2024Current

Financial Performance of Avt Mccormick Ingredients.

Avt Mccormick Ingredients Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 10.24% decrease. The company also saw a substantial fall in profitability, with a 89.19% decrease in profit. The company's net worth dipped by a decrease of 3.38%.

Avt Mccormick Ingredients revenue growth over time
Avt Mccormick Ingredients 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
-10.24%
Revenue from Operations
-9.66%
Total Assets
-19.91%
Profit or Loss
-89.19%
Net Worth
-3.38%
EBITDA
-69.42%

What is the Ownership and Shareholding Structure of Avt Mccormick Ingredients?

In 2023, Avt Mccormick Ingredients 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)

Open Charges

₹225.00 Cr

Satisfied Charges

₹49.50 Cr

Charges Breakdown by Lending Institutions

  • State Bank Of India : 125.00 Cr
  • Citi Bank N.A. : 50.00 Cr
  • Hdfc Bank Limited : 25.00 Cr
  • The Hongkong And Shanghai Banking Corporation Limited : 25.00 Cr

Latest Charge Details

DateLenderAmountStatus
12 Mar 2024The Hongkong And Shanghai Banking Corporation Limited₹25.00 CrOpen
10 Mar 2016Hdfc Bank Limited₹25.00 CrOpen
25 Jun 2004Citi Bank N.A.₹50.00 CrOpen
30 Mar 2002State Bank Of India₹125.00 CrOpen
30 Mar 2002State Bank Of India₹16.00 CrSatisfied

How Many Employees Work at Avt Mccormick Ingredients?

Avt Mccormick Ingredients has a workforce of 383 employees as of Apr 09, 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.

Employee growth trends for Avt Mccormick Ingredients Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Avt Mccormick Ingredients, 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 Avt Mccormick Ingredients'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 Avt Mccormick Ingredients

Recent activity within the organization

  • Annual General Meeting

    Avt Mccormick Ingredients Private Limited last Annual general meeting of members was held on 01 Aug 2024 as per latest MCA records.

  • Charges

    A charge with Hdfc Bank Limited of Rs. 25.00 Cr registered on 10 Mar 2016 with Charge ID 100052709 was modified on 27 Jun 2024.

  • Director Appointment

    Donald George Pratt was appointed as a Director was appointed as a Director on 01 Apr 2024 & has been associated with this company since 1 year 13 days .

  • Balance Sheet

    Avt Mccormick Ingredients Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.

  • Charges

    A charge with The Hongkong And Shanghai Banking Corporation Limited amounted to Rs. 25.00 Cr with Charge ID 100908916 was registered on 12 Mar 2024.

  • Director Appointment

    Tarun Kumar Jain was appointed as a Director was appointed as a Director on 13 Feb 2024 & has been associated with this company since 1 year 2 months .

Frequently asked questions

  • What is the Incorporation or founding date of Avt Mccormick Ingredients Private Limited?

    Avt Mccormick Ingredients Private Limited was incorporated on 22 Dec 1993.

  • What is authorized share capital and paid-up capital of Avt Mccormick Ingredients Private Limited?

    The authorized share capital of Avt Mccormick Ingredients Private Limited is ₹ 24.00 Cr and paid-up capital is ₹ 21.60 Cr.

  • Who are the current board members & directors of Avt Mccormick Ingredients Private Limited?

    Currently 7 directors are associated with Avt Mccormick Ingredients Private Limited.

    • Ajit Thomas
    • Sushama Srikandath
    • Sumeet Vohra
    • Tarun Kumar Jain
    • Rahul Thomas
    • Donald George Pratt
    • Jitin Kolbe

  • What is the registered address of Avt Mccormick Ingredients Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Avt Mccormick Ingredients Private Limited is 60, Rukmini Lakshmipathy Salai Egmore India, Chennai, Tamil Nadu, 600008.

  • What is the corporate identification number (CIN) and company number of Avt Mccormick Ingredients Private Limited?

    The corporate identification number (CIN) of Avt Mccormick Ingredients Private Limited is U51225TN1993PTC026433 and the company number is 026433 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Avt Mccormick Ingredients Private Limited?

    The Official website of Avt Mccormick Ingredients Private Limited is https://www.avtmccormick.com

  • What has been the recent revenue trend for Avt Mccormick Ingredients Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Avt Mccormick Ingredients Private Limited has fallen by -10.24%.

  • How many employees does Avt Mccormick Ingredients Private Limited currently have?

    As Per 2023 financial reports, 383 employees are currently employed by Avt Mccormick Ingredients Private Limited.

  • What change has been observed in the net worth of Avt Mccormick Ingredients Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Avt Mccormick Ingredients Private Limited has experienced an downturn of -3.38%.

  • What are the total open charges for Avt Mccormick Ingredients Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Avt Mccormick Ingredients Private Limited amount to ₹ 225.00 Cr.

  • When was the last Balance Sheet of Avt Mccormick Ingredients Private Limited filed with the ROC?

    The most recent Balance Sheet for Avt Mccormick Ingredients Private Limited was filed with the ROC on 31 Mar 2024.

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