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About Avfast (India) Private Limited
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Avfast (India) Private Limited was a private limited company based in Kanchipuram, Tamil Nadu, India. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the industrial tools and components segment of the machinery and industrial equipment sector. It was incorporated on 09 February 2010.
The company was registered with the Registrar of Companies (ROC), Chennai, under CIN U74900TN2010PTC101178. The company has 3 GST registrations on record, none of which is active.
The company had an authorised share capital of ₹1.26 Cr and a paid-up capital of ₹1.25 Cr. It was led by directors including Rangaraju Sivasubramaniyan and Kevin Vince Fernando.
Its last annual general meeting (AGM) was held on 30 September 2015, and its latest financial statements are for the year ended 31 March 2015. The registered office was at No 55 Thandalam Village Sriperumpudur Taluk, Kanchipuram, Tamil Nadu, India – 602105.
As per the financials filed for FY 2015, the company reported a revenue of ₹30.41 Cr, a growth of 5% compared to the previous year. For the same year it recorded a net loss of ₹48.39 Lakh (net margin -1.6%) and EBITDA of -₹1.01 Cr (EBITDA margin -3.3%). Revenue has declined at a compounded annual rate (CAGR) of 8% over three years.
The company had about 14 employees on its provident fund (EPFO) records before it was dissolved.
Court records list 6 cases involving the company, including 5 filed by the company and 1 filed against it. The company has 1 deal on record (1 acquisition); the latest was in May 2010.
The last known website on record is stanleyengineeredfastening.com.
Company details
CIN history
Avfast (India) has one previous CIN (Corporate Identification Number): U74900MH2010PTC199890. The current CIN is U74900TN2010PTC101178, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74900TN2010PTC101178 | Current |
| U74900MH2010PTC199890 | Previous |
Contact details
Avfast (India) Private Limited's registered office is in Kanchipuram, Tamil Nadu. Its website is stanleyengineeredfastening.com. Its e-mail address is in the company report.
- Email
- Social Media
- Registered AddressNo 55 Thandalam Village Sriperumpudur Taluk, Kanchipuram, Tamil Nadu, India – 602105
- IndustryMachinery and Equipment, Industrial Tools & Components
To see the full contact details of Avfast (India) Private Limited, buy the company report.
- 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
Financials of Avfast (India) Private Limited
FY 2015 filings availableAvfast (India) Private Limited reported revenue of ₹30.41 Cr (up 5% YoY) for FY 2015.
Compounded Annual Growth Rate (CAGR)
Revenue rose 5% in the latest year, though over three years it has declined at a compounded annual rate (CAGR) of 8%. 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
| Metrics | FY 2014-15 |
|---|---|
| Profit and Loss Statement | |
| Revenue from Operations | |
| Other Income | |
| Total Revenue | ₹30.41 Cr |
| Cost of Materials Consumed | |
| Employee Benefit Expense | |
| Finance Costs | |
| Depreciation and Amortisation | |
| Other Expenses | |
| Total Expenses | |
| EBITDA | -₹1.01 Cr |
| Profit Before Tax | |
| Tax Expense | |
| Net Profit (PAT) | -₹48.39 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
| Metrics | FY 2014-15 |
|---|---|
| Profitability | |
| EBITDA Margin | -3.3% |
| Net Profit Margin | -1.6% |
| 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 | |
To see the full financial statements and ratios of Avfast (India) Private Limited, buy the company report.
Board of directors of Avfast (India) Private Limited
Avfast (India) has 3 current directors and 13 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rangaraju Sivasubramaniyan | Director | 10 Mar 2014 | 12 Years 7 Months | As last reported |
| Venkataraman Arunkumar | Additional Director | 19 Aug 2016 | 10 Years 2 Months | As last reported |
| Kevin Vince Fernando | Director | 18 Feb 2014 | 12 Years 8 Months | As last reported |
Auditor
Avfast (India) Private Limited is audited by M. K. Dandeker & Co. for the financial year 2015.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M. K. Dandeker & Co. | FY 2015 |
Shareholding
The shareholding of Avfast (India) Private Limited is on record for FY 2015, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2015 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Avfast (India) Private Limited, buy the company report.
Deals & funding
Avfast (India) Private Limited has 1 deal on record (1 acquisition); the latest was in May 2010.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| May 2010 | Acquisition | ₹71.87 Cr | Buyer: Stanley Engineered Fastening India Private Limited |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Avfast (India) Private Limited has 6 court cases on record: 5 filed by Avfast (India), 1 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 4 | 0 | 0 |
| District courts | 2 | 1 | 0 |
Cases on record (5 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Madras High Court | Company petition | Filed by the company | Disposed |
| District court, Maharashtra Industrial and Lab, Maharashtra | Appeal | Filed by the company against an individual | Disposed |
| District court, Maharashtra Industrial and Lab, Maharashtra | Court case (Appln.-PGA) | Filed against the company by an individual | Disposed |
| Bombay High Court | Court case (CSD) | Filed by the company | Disposed |
| Bombay High Court | Court case (CSP) | Filed by the company | Disposed |
To see the full case history of Avfast (India) Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Avfast (India) Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Avfast (India) Private Limited has a workforce of 14 employees on its EPFO records as of Mar 31, 2024, across 1 active EPFO establishment.
GST
Avfast (India) has 3 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Avfast (India) Private Limited, buy the company report.
Recent activity
Avfast (India) Private Limited has 16 board changes on record since 2010: 3 appointments and 13 cessations. The latest: Martin Pauljaiprabu ceased to be Director on 19 Aug 2016.
7 earlier events are in the company report.
Frequently asked questions
Avfast (India) has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Avfast (India) was a private limited company based in Kanchipuram, Tamil Nadu, India. The company worked in industrial tools and components, within the machinery and equipment industry. It was incorporated on 09 February 2010 and is registered under CIN U74900TN2010PTC101178. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Avfast (India) was incorporated on 09 February 2010. It is registered with the Registrar of Companies, Chennai.
Avfast (India) had 3 directors:
- Rangaraju Sivasubramaniyan - Director
- Venkataraman Arunkumar - Additional Director
- Kevin Vince Fernando - Director
The CIN (Corporate Identification Number) of Avfast (India) is U74900TN2010PTC101178. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Avfast (India) is at No 55 Thandalam Village Sriperumpudur Taluk, Kanchipuram, Tamil Nadu, India – 602105.
Avfast (India) can be reached through the website stanleyengineeredfastening.com. Its registered office is in Kanchipuram, Tamil Nadu, India.
The latest financial statements of Avfast (India) on record with the MCA are for the year ended 31 March 2015. Its last annual general meeting was held on 30 September 2015. Year-wise statements from 2015 are in the company report.
No. Avfast (India) has 3 GST registrations on record and all of them are cancelled or inactive.
Avfast (India) operated in the machinery and equipment industry, in the industrial tools and components segment.