Avichal Holdings Pvt Ltd - financial services in Ahmedabad, Gujarat, India. Directors, charges & compliance details.
CIN U65910GJ1981PTC004518 Incorporated 29 July 1981 ROC Ahmedabad HQ Ahmedabad, Gujarat, India
Merged Private Limited Company financial services
Revenue · FY 2017
₹43,998
▲ 6% YoY
Net profit · FY 2017
₹26,865
Net margin 61.1%
EBITDA · FY 2017
₹38,365
EBITDA margin 87.2%
Authorised capital
₹4 Lakh
Registered with MCA
Paid-up capital
₹2.82 Lakh
Issued & subscribed
Company age
45 yrs
Est. 1981
Directors on board
3
As per MCA filings
Last financials
Mar 2017
Balance sheet date

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

CIN U65910GJ1981PTC004518
Registration Number 004518
Incorporation Date 29 July 1981
ROC Ahmedabad
Listing Status Unlisted
Company Status Amalgamated

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 Address
    Sheth Lalbhai Dalpatbhai 1 Stfloor Akshay 53 Shrimali Soc Navrangpura, Ahmedabad, Gujarat, India – 380009
  • Industry
    Financial Services, Financial Activities

To see the full contact details of Avichal Holdings Pvt Ltd, buy the company report.

Comprehensive company report
Avichal Holdings Pvt Ltd - one report that includes everything
  • 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
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Business activity

The main business activity of Avichal Holdings is financial and insurance service. In detail, this covers other financial activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
KFinancial and insurance ServiceK8Other 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 available

Avichal Holdings Pvt Ltd reported revenue of ₹43,998 (up 6% YoY) for FY 2017.

Revenue · FY 2017
₹43,998 ▲ 6%
Net profit · FY 2017
₹26,865 margin 61.1%
EBITDA · FY 2017
₹38,365 margin 87.2%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 6%
EBITDA CAGR growth
1 year
▲ 5%

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

MetricsFY 2016-17FY 2015-16FY 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

MetricsFY 2016-17FY 2015-16FY 2014-15
Profitability
EBITDA Margin87.2%
Net Profit Margin61.1%
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.

Directors (as last reported)
NameDesignationAppointment DateTenureStatus
Bhavik Narshibhai PatelAdditional Director01 Sep 20179 Years 2 MonthsAs last reported
Bhupendra Kantilal ShahDirector25 Jul 201115 Years 3 MonthsAs last reported
Saumya Samvegbhai LalbhaiDirector20 Feb 201412 Years 8 MonthsAs 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.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
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)₹26,86561.1%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 firmFinancial yearFirm registration number
BHADRESH & COFY 2017014457

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 categoryFY 2017FY 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.

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.

Ceased
Hansaben Niranjanbhai Lalbhai ceased to be Director.
AGM
Avichal Holdings Pvt Ltd last Annual general meeting of members was held on 30 Sep 2017 as per latest MCA records.
Appointed
Bhavik Narshibhai Patel was appointed as Additional Director.
Filing
Avichal Holdings Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2017 with Roc Ahmedabad.
Ceased
Anamika Samveg Lalbhai ceased to be Director.
Ceased
Gustad Borjorji Engineer ceased to be Director.
Appointed
Saumya Samvegbhai Lalbhai was appointed as Director.
Appointed
Bhupendra Kantilal Shah was appointed as Director.
Incorporation
29 Jul 1981
Avichal Holdings Pvt Ltd was registered on 29 Jul 1981 with Roc Ahmedabad & aged 45 years 3 months as per MCA records.

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:

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.