Avt Mccormick Ingredients Profile
Key Indicators
- Authorised Capital ₹ 24.00 Cr
as on 16-11-2024
- Paid Up Capital ₹ 21.60 Cr
as on 16-11-2024
- Company Age 30 Year, 11 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 220.00 Cr
as on 16-11-2024
- Satisfied Charges ₹ 49.50 Cr
as on 16-11-2024
- Revenue -10.24%
(FY 2023)
- Profit -89.19%
(FY 2023)
- Ebitda -69.42%
(FY 2023)
- Net Worth -3.38%
(FY 2023)
- Total Assets -19.91%
(FY 2023)
About Avt Mccormick Ingredients
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 ₹220.00 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, Rahul Thomas, Donald Pratt, and Three other members serve as directors at the Company.
- 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
Company Details
- Location
Chennai, Tamil Nadu, India
- Telephone
- Email Address
- Website
- Social Media-
Who are the key members and board of directors at Avt Mccormick Ingredients?
Executive Team (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Jitin Kolbe | Company Secretary | 03-May-2023 | Current |
Sushama Srikandath  | Managing Director | 18-Sep-2003 | Current |
Board Members(5)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Ajit Thomas | Director | 22-Dec-1993 | Current |
Rahul Thomas  | Director | 27-Jan-2024 | Current |
Donald Pratt  | Director | 01-Apr-2024 | Current |
| Tarun Jain | Director | 13-Feb-2024 | Current |
| Sumeet Vohra | Director | 29-Jan-2024 | Current |
Financial Performance and Corporate Structure Insights 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%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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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.
Related Corporates (Common Directorship)
Mccormick Foods India Private LimitedActive 13 years 6 monthsTarun Jain and Sumeet Vohra are mutual person
A V Thomas Leather & Allied Products Private LimitedActive 47 years 2 monthsAjit Thomas is a mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
The Hongkong And Shanghai Banking Corporation Limited Creation Date: 12 Mar 2024 | ₹25.00 Cr | Open |
Hdfc Bank Limited Creation Date: 10 Mar 2016 | ₹20.00 Cr | Open |
Citi Bank N.A. Creation Date: 25 Jun 2004 | ₹50.00 Cr | Open |
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.
Deals i
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
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.
