About Iav India Private Limited
Data last updated:
Iav India Private Limited is a foreign private limited company based in Pune, Maharashtra, India, a subsidiary of Iav Gmbh. The company is currently under liquidation, meaning its assets are being sold to settle outstanding debts. It may not have the legal capacity to fulfil new contracts. It operates in the auto parts and components segment of the automotive sector. It was incorporated on 15 May 2007.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U72200PN2007FTC130137. Its GSTIN is 27AABCI6890C1ZJ (Maharashtra).
The company has an authorised share capital of ₹9 Cr and a paid-up capital of ₹9 Cr. It is led by directors Gitesh Rajendra Mutha and Satish Srinivasan.
Its last annual general meeting (AGM) was held on 08 October 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at Flat No. 9 Gayatri Darshan Society Plot No. 49/2 Gujarath Colony Kothrud, Pune, Maharashtra, India – 411038.
As per the financials filed for FY 2021, the company reported a revenue of ₹3.56 Cr, a decline of 50% compared to the previous year. For the same year it recorded a net loss of ₹2.86 Cr (net margin -80.3%) and EBITDA of -₹2.51 Cr (EBITDA margin -70.5%). Revenue has declined at a compounded annual rate (CAGR) of 28% over three years and 16% over five years.
The company has about 16 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: IAV. Court records list 1 case involving the company, including 1 filed by the company.
The last known website on record is iav.com.
Company details
Contact details
Iav India Private Limited's registered office is in Pune, Maharashtra. Its website is iav.com. Its e-mail address is in the company report.
- Email
- Website
- Social Media
- Registered AddressFlat No. 9 Gayatri Darshan Society Plot No. 49/2 Gujarath Colony Kothrud, Pune, Maharashtra, India – 411038
- IndustryAutomotive, Auto Parts & Components
To see the full contact details of Iav 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
Business activity
The main business activity of Iav India is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities |
To see the full business activity and turnover split of Iav India Private Limited, buy the company report.
Financials of Iav India Private Limited
FY 2021 filings availableIav India Private Limited reported revenue of ₹3.56 Cr (down 50% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 16% over five years, including a 50% fall in the latest year. EBITDA fell 275% 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
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹3.56 Cr | ||||
| Cost of Materials Consumed | |||||
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| Depreciation and Amortisation | |||||
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| Total Expenses | |||||
| EBITDA | -₹2.51 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹2.86 Cr | ||||
| Balance Sheet | |||||
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| Reserves and Surplus | |||||
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Financial Ratios
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -70.5% | ||||
| Net Profit Margin | -80.3% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Receivable Days | |||||
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To see the full financial statements and ratios of Iav India Private Limited, buy the company report.
Board of directors of Iav India Private Limited
Iav India has 2 current directors and 18 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Gitesh Rajendra Mutha | Director | 01 Apr 2015 | 11 Years 6 Months | As last reported |
| Satish Srinivasan | Director | 15 Dec 2021 | 4 Years 10 Months | As last reported |
Auditor
Iav India Private Limited is audited by S S TILAK & COMPANY for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S S TILAK & COMPANY | FY 2019 | 128923W |
Shareholding
The shareholding of Iav India Private Limited is on record for 3 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Iav India Private Limited, buy the company report.
Legal cases
Iav India Private Limited has 1 court case on record: 1 filed by Iav India. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Pune, Maharashtra | Civil suit | Filed by the company against Moxie Enterprises Pvt. Ltd. and 8 others | Disposed |
To see the full case history of Iav 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 Iav India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Iav India has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCI6890C1ZJ | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Iav India Private Limited, buy the company report.
Recent activity
Iav India Private Limited has 18 board changes on record since 2008: 2 appointments and 16 cessations. The latest: Wolfgang Wukisiewitsch ceased to be Director on 16 Dec 2021.
9 earlier events are in the company report.
Frequently asked questions
Iav India is currently "Under Liquidation" as per MCA records. The company's assets are being sold to settle outstanding debts owed to creditors. A company under liquidation may not have the legal capacity to fulfil new contracts, and creditors are prioritised in the distribution of proceeds. This is a high-risk status - caution is strongly advised.
Iav India is a company under liquidation, formerly operating as a foreign private limited company based in Pune, Maharashtra, India. The company works in auto parts and components, within the automotive industry. It was incorporated on 15 May 2007 and is registered under CIN U72200PN2007FTC130137. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Iav India has 2 current directors:
- Gitesh Rajendra Mutha - Director
- Satish Srinivasan - Director
The latest financial statements of Iav India on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 08 October 2021. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Iav India is U72200PN2007FTC130137. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Iav India has 1 court case on record: 1 filed by the company.
Iav India was incorporated on 15 May 2007. It is registered with the Registrar of Companies, Pune.
Wolfgang Wukisiewitsch ceased to be Director on 16 Dec 2021. Satish Srinivasan was appointed as Director on 15 Dec 2021. Gitesh Rajendra Mutha ceased to be Director on 31 Mar 2021. Iav India has 18 board changes on record in total.
Iav India can be reached through the website iav.com. Its registered office is in Pune, Maharashtra, India.
The registered office of Iav India is at Flat No. 9 Gayatri Darshan Society Plot No. 492 Gujarath Colony Kothrud, Pune, Maharashtra, India – 411038.