Avichal Holdings Pvt Ltd
About Avichal Holdings Pvt Ltd
Data last updated:
Avichal Holdings Pvt Ltd was a private limited company based in Ahmedabad, Gujarat, 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 financial services and investment segment of the financial services sector. It was incorporated on 29 July 1981.
The company was registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U65910GJ1981PTC004518.
The company had an authorised share capital of ₹4 Lakh and a paid-up capital of ₹2.82 Lakh. It was led by directors including Bhupendra Kantilal Shah and Saumya Samvegbhai Lalbhai.
Its last annual general meeting (AGM) was held on 30 September 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office was at Sheth Lalbhai Dalpatbhai 1 Stfloor Akshay 53 Shrimali Soc Navrangpura, Ahmedabad, Gujarat, India – 380009.
As per the financials filed for FY 2017, the company reported a revenue of ₹43,998, a growth of 6% compared to the previous year. For the same year it recorded a net profit of ₹26,865 (net margin 61.1%) and EBITDA of ₹38,365 (EBITDA margin 87.2%).
Company details
Contact details
Avichal Holdings Pvt Ltd's registered office is in Ahmedabad, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressSheth Lalbhai Dalpatbhai 1 Stfloor Akshay 53 Shrimali Soc Navrangpura, Ahmedabad, Gujarat, India – 380009
- IndustryFinancial Services, Financial Activities
To see the full contact details of Avichal Holdings Pvt Ltd, 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
Business activity
The main business activity of Avichal Holdings is financial and insurance service. In detail, this covers other financial activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities |
To see the full business activity and turnover split of Avichal Holdings Pvt Ltd, buy the company report.
Financials of Avichal Holdings Pvt Ltd
FY 2017 filings availableAvichal Holdings Pvt Ltd reported revenue of ₹43,998 (up 6% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue rose 6% in the latest year. EBITDA rose 5% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | |||
| Other Income | |||
| Total Revenue | ₹43,998 | ||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | ₹38,365 | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | ₹26,865 | ||
| 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 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 87.2% | ||
| Net Profit Margin | 61.1% | ||
| 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 Avichal Holdings Pvt Ltd, buy the company report.
Board of directors of Avichal Holdings Pvt Ltd
Avichal Holdings has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Bhavik Narshibhai Patel | Additional Director | 01 Sep 2017 | 9 Years 2 Months | As last reported |
| Bhupendra Kantilal Shah Also directs: Animesh Holdings Pvt Ltd, Able Investments Private Limited | Director | 25 Jul 2011 | 15 Years 3 Months | As last reported |
| Saumya Samvegbhai Lalbhai Also directs: Ashish Products LLP, Arvind Farms Pvt Ltd, Aeon Fabricators Private Limited and 2 more | Director | 20 Feb 2014 | 12 Years 8 Months | As last reported |
Peer comparison
Avichal Holdings Pvt Ltd is compared with the 10 companies closest to it by revenue in the same principal business activity (other financial activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Mangalnayak Suppliers Private Limited | ₹44,236 (FY 2016) | 67.0% | Kolkata, West Bengal, India | |||
| Abrd India Nidhi Limited | ₹44,200 (FY 2022) | -85.0% | Varanasi, Uttar Pradesh, India | |||
| Semprem Forex Private Limited | ₹44,100 (FY 2025) | -87.0% | New Delhi, Delhi, India | |||
| Jagapati Investments Private Limited | ₹44,000 (FY 2025) | -99.0% | Hyderabad, Telangana, India | |||
| Veda Infra Projects (India) Private Limited | ₹44,000 (FY 2022) | Hyderabad, Telangana, India | ||||
| Avichal Holdings Pvt Ltdthis company | ₹43,998 (FY 2017) | ₹26,865 | 61.1% | 6.0% | Ahmedabad, Gujarat, India | |
| V8 Urban Nidhi Limited | ₹43,839 (FY 2023) | -71.0% | Meerut, Uttar Pradesh, India | |||
| Procyon Shipping Services Private Limited | ₹43,808 (FY 2020) | -48.0% | Navi Mumbai, Maharashtra, India | |||
| Narsingh Metaliks Private Limited | ₹43,750 (FY 2018) | -2.0% | Howrah, West Bengal, India | |||
| Fastline Multitrade Private Limited | ₹43,710 (FY 2016) | -90.0% | Mumbai, Maharashtra, India | |||
| Prabhu Dhan Investment Pvt Ltd | ₹43,621 (FY 2021) | 57.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Avichal Holdings Pvt Ltd, buy the company report.
Auditor
Avichal Holdings Pvt Ltd is audited by BHADRESH & CO for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| BHADRESH & CO | FY 2017 | 014457 |
Shareholding
The shareholding of Avichal Holdings Pvt Ltd is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Avichal Holdings Pvt Ltd, buy the company report.
Legal cases
No court or tribunal cases involving Avichal Holdings Pvt Ltd are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Avichal Holdings Pvt Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Avichal Holdings Pvt Ltd; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Avichal Holdings Pvt Ltd has 6 board changes on record since 2011: 3 appointments and 3 cessations. The latest: Hansaben Niranjanbhai Lalbhai ceased to be Director on 12 Dec 2017.
Frequently asked questions
Avichal Holdings 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.
Avichal Holdings was a private limited company based in Ahmedabad, Gujarat, India. The company worked in financial activities, within the financial services industry. It was incorporated on 29 July 1981 and is registered under CIN U65910GJ1981PTC004518. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Avichal Holdings was incorporated on 29 July 1981. It is registered with the Registrar of Companies, Ahmedabad.
Avichal Holdings had 3 directors:
- Bhavik Narshibhai Patel - Additional Director
- Bhupendra Kantilal Shah - Director
- Saumya Samvegbhai Lalbhai - Director
The CIN (Corporate Identification Number) of Avichal Holdings is U65910GJ1981PTC004518. 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 Avichal Holdings is at Sheth Lalbhai Dalpatbhai 1 Stfloor Akshay 53 Shrimali Soc Navrangpura, Ahmedabad, Gujarat, India – 380009.
The latest financial statements of Avichal Holdings on record with the MCA are for the year ended 31 March 2017. Its last annual general meeting was held on 30 September 2017. Year-wise statements from 2015 are in the company report.
Avichal Holdings operated in the financial services industry, in the financial activities segment.
The peers of Avichal Holdings by revenue are Mangalnayak Suppliers Private Limited, Abrd India Nidhi Limited, Semprem Forex Private Limited, Jagapati Investments Private Limited, Veda Infra Projects (India) Private Limited and 5 more, all in the same principal business activity (other financial activities).
Hansaben Niranjanbhai Lalbhai ceased to be Director on 12 Dec 2017. Bhavik Narshibhai Patel was appointed as Additional Director on 01 Sep 2017. Anamika Samveg Lalbhai ceased to be Director on 28 Jan 2015. Avichal Holdings has 6 board changes on record in total.
Avichal Holdings can be reached at its registered office: Sheth Lalbhai Dalpatbhai 1 Stfloor Akshay 53 Shrimali Soc Navrangpura, Ahmedabad, Gujarat, India – 380009.
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