About Avenex Technologies Private Limited
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Avenex Technologies Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the chemical distribution and retail segment of the chemicals and materials sector. It was incorporated on 24 June 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U29199MH2005PTC154210. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹45 Lakh. It is led by directors Nirav Jaysinh Thakkar and Sonali Nirav Thakkar.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 92 Venus Apartment Altamount Road, Mumbai, Maharashtra, India – 400026.
As per the financials filed for FY 2024, the company reported a revenue of ₹10.12 Lakh, a growth of 17% compared to the previous year. For the same year it recorded a net profit of ₹6.55 Lakh (net margin 64.8%) and EBITDA of ₹8.87 Lakh (EBITDA margin 87.6%). Revenue has declined at a compounded annual rate (CAGR) of 6% over three years and 7% over five years.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website avenex.in.
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- Registered Address92 Venus Apartment Altamount Road, Mumbai, Maharashtra, India – 400026
- IndustryChemicals and Materials, Chemical Distribution & Retail
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
- One PDF report, delivered after checkout
Business Activity of Avenex Technologies Private Limited
The main business activity of Avenex Technologies is trade. In detail, this covers wholesale trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Avenex Technologies Private Limited FY 2025 filings available
Avenex Technologies Private Limited reported revenue of ₹10.12 Lakh (up 17% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Avenex Technologies Private Limited
Revenue rose 17% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 7%. EBITDA rose 11% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary of Avenex Technologies Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹8.87 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹6.55 Lakh | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Avenex Technologies Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 87.6% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 64.8% | •••• | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• | •••• | •••• |
| Liquidity and Debt | |||||
| Current Ratio | •••• | •••• | •••• | •••• | •••• |
| Quick Ratio | •••• | •••• | •••• | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
| Payable Days | •••• | •••• | •••• | •••• | •••• |
| Inventory Days | •••• | •••• | •••• | •••• | •••• |
| Revenue Growth | •••• | •••• | •••• | •••• | •••• |
| Net Profit Growth | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Avenex Technologies are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Board of Directors of Avenex Technologies Private Limited
Avenex Technologies has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nirav Jaysinh Thakkar Also directs: Avenex Chemical Technologies LLP, Speciality Solvents LLP, Ares Energetics LLP and 3 more | Director | 24 Jun 2005 | 21 Years 3 Months | Current |
| Sonali Nirav Thakkar Also directs: Speciality Solvents LLP, Brazing Technologies India LLP, Venus Techno-Chem Private Limited and 1 more | Director | 19 May 2014 | 12 Years 5 Months | Current |
Peer Comparison of Avenex Technologies Private Limited
Avenex Technologies Private Limited is compared with the companies closest to it by revenue in the Chemicals industry (Chemical Retail and Distribution). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Kolkon Sponge Private Limited | ₹10.34 Lakh (FY 2025) | •••• | •••• | •••• | Kolkata, West Bengal, India | |
| Nabhasa Bio-Chem Private Limited | ₹10.3 Lakh (FY 2023) | •••• | •••• | -14.0% | •••• | Bengaluru, Karnataka, India |
| Jain and Jayna Foams Private Limited | ₹10.23 Lakh (FY 2016) | •••• | •••• | •••• | Haryana, India | |
| Hpchemx India Private Limited | ₹10.21 Lakh (FY 2025) | •••• | •••• | •••• | Kolkata, West Bengal, India | |
| Texchem Distributors Private Limited | ₹10.21 Lakh (FY 2025) | •••• | •••• | -86.0% | •••• | New Delhi, Delhi, India |
| Avenex Technologies Private Limited this company | ₹10.12 Lakh (FY 2024) | •••• | •••• | 17.0% | •••• | Mumbai, Maharashtra, India |
| Oriental Diesels and Engineering Company Private Limited | ₹10.11 Lakh (FY 2025) | •••• | •••• | -95.0% | •••• | Allahabad, Uttar Pradesh, India |
| Mystic Agro Private Limited | ₹10.09 Lakh (FY 2018) | •••• | •••• | -53.0% | •••• | Bhubaneswar, Odisha, India |
| Noida Testhouse Private Limited | ₹10.06 Lakh (FY 2025) | •••• | •••• | -24.0% | •••• | New Delhi, Delhi, India |
| Leela Organics Private Limited | ₹10.03 Lakh (FY 2021) | •••• | •••• | •••• | Nagpur, Maharashtra, India | |
| Mangalam Specialty Private Limited | ₹10 Lakh (FY 2025) | •••• | •••• | •••• | Hyderabad, Telangana, India |
Peers are the five companies nearest above and the five nearest below Avenex Technologies by revenue in the Chemicals industry (Chemical Retail and Distribution), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Avenex Technologies Private Limited
Avenex Technologies Private Limited is audited by R U SHAH & ASSOCIATES for the financial year 2019.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| R U SHAH & ASSOCIATES | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Avenex Technologies Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Avenex Technologies Private Limited
Avenex Technologies Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Avenex Technologies Private Limited
Employment history and EPFO contributions of people linked to Avenex Technologies.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Avenex Technologies Private Limited
Avenex Technologies Private Limited has 5 board changes on record since 2005: 2 appointments and 3 cessations. The latest: Philip Weir Nace Jr ceased to be Director on 08 Feb 2024.
Credit Ratings, Litigation & Regulatory Alerts for Avenex Technologies Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Avenex Technologies Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Avenex Technologies Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Avenex Technologies Private Limited
Avenex Technologies has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Avenex Technologies Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Avenex Technologies Private Limited
Avenex Technologies is an active private limited company based in Mumbai, Maharashtra, India. The company works in chemical distribution and retail, within the chemicals and materials industry. It was incorporated on 24 June 2005 (21+ years old) and is registered under CIN U29199MH2005PTC154210.
Avenex Technologies reported revenue of ₹10.12 Lakh for FY 2024 (up 17% YoY).
Avenex Technologies has 2 current directors:
- Nirav Jaysinh Thakkar - Director
- Sonali Nirav Thakkar - Director
Avenex Technologies reported a net profit of ₹6.55 Lakh (net margin 64.8%) and EBITDA of ₹8.87 Lakh (EBITDA margin 87.6%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Avenex Technologies is 6% over three years and -7% over five years. In the latest year (FY 2024) revenue rose 17%. CAGR is the steady yearly rate that links the first and the last year.
No. Avenex Technologies has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Avenex Technologies is U29199MH2005PTC154210. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Avenex Technologies was incorporated on 24 June 2005, making it 21+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Avenex Technologies by revenue are Kolkon Sponge Private Limited, Nabhasa Bio-Chem Private Limited, Jain and Jayna Foams Private Limited, Hpchemx India Private Limited, Texchem Distributors Private Limited and 5 more, all in the Chemicals industry (Chemical Retail and Distribution).
Philip Weir Nace Jr ceased to be Director on 08 Feb 2024. Jaysinh Laxmidas Thakkar ceased to be Director on 14 Nov 2022. Sonali Nirav Thakkar ceased to be Additional Director on 30 Sep 2015. Avenex Technologies has 5 board changes on record in total.
Avenex Technologies can be reached through the website avenex.in. Its registered office is in Mumbai, Maharashtra, India.