About Aavan Engineering Industries (India) Private Limited
Data last updated:
Aavan Engineering Industries (India) Private Limited was a private limited company based in Hubli, Karnataka, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the metalworking segment of the metals and mining sector. It was incorporated on 09 October 2013.
The company was registered with the Registrar of Companies (ROC), Bangalore, under CIN U28910KA2013PTC071355. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was led by directors Anant Siddappa and Vasudha Siddappa.
Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office was at Jnanadeep 1st Floor 1st Main Jayanagar, Hubli, Karnataka, India – 580021.
As per the financials filed for FY 2019, the company reported a revenue of ₹4.66 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹3.95 Lakh (net margin -84.7%) and EBITDA of -₹171 (EBITDA margin 0%). Revenue has grown at a compounded annual rate (CAGR) of 17% over three years.
Court records list 9 cases involving the company, including 9 filed by the company.
The last known website on record is aavanengineeringindustry.weebly.com.
Company details
Contact details
Aavan Engineering Industries (India) Private Limited's registered office is in Hubli, Karnataka. Its website is aavanengineeringindustry.weebly.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressJnanadeep 1st Floor 1st Main Jayanagar, Hubli, Karnataka, India – 580021
- IndustryMetal & Minerals, Metalworking
To see the full contact details of Aavan Engineering Industries (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 Aavan Engineering Industries (India) is manufacturing. In detail, this covers metal and metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products |
To see the full business activity and turnover split of Aavan Engineering Industries (India) Private Limited, buy the company report.
Financials of Aavan Engineering Industries (India) Private Limited
FY 2019 filings availableAavan Engineering Industries (India) Private Limited reported revenue of ₹4.66 Lakh (up 168% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 17% over three years, including 168% growth in the latest year. EBITDA rose 100% 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 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹4.66 Lakh | ||||
| Other Income | |||||
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| Total Expenses | |||||
| EBITDA | -₹171 | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹3.95 Lakh | ||||
| Balance Sheet | |||||
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| Reserves and Surplus | |||||
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Financial Ratios
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 0% | ||||
| Net Profit Margin | -84.7% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of Aavan Engineering Industries (India) Private Limited, buy the company report.
Board of directors of Aavan Engineering Industries (India) Private Limited
Aavan Engineering Industries (India) has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vasudha Siddappa | Additional Director | 23 Mar 2020 | 6 Years 7 Months | As last reported |
| Anant Siddappa | Director | 09 Oct 2013 | 13 Years 0 Months | As last reported |
Peer comparison
Aavan Engineering Industries (India) Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (metal and metal products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Prakash and Sons Wire Private Limited | ₹4.75 Lakh (FY 2024) | 1555.0% | Jagdalpur, Chhattisgarh, India | |||
| Manusuccour Spare Parts and Services Support Private Limited | ₹4.74 Lakh (FY 2024) | -20.0% | Kolhapur, Maharashtra, India | |||
| Fastgrow Industries Private Limited | ₹4.73 Lakh (FY 2025) | 3.0% | Kidwai Nagar, Uttar Pradesh, India | |||
| Gatix Drive Private Limited | ₹4.69 Lakh (FY 2025) | Ahmedabad, Gujarat, India | ||||
| Jain Track Fastner Private Limited | ₹4.68 Lakh (FY 2025) | 118.0% | Punjab, India | |||
| Aavan Engineering Industries (India) Private Limitedthis company | ₹4.66 Lakh (FY 2019) | -₹3.95 Lakh | -84.7% | 168.0% | Hubli, Karnataka, India | |
| Jyotiraditya Engineering Private Limited | ₹4.64 Lakh (FY 2019) | Jamshedpur, Jharkhand, India | ||||
| Parag Industrial Equipments Private Limited | ₹4.63 Lakh (FY 2025) | 103.0% | Valsad, Gujarat, India | |||
| Amol Engineering Private Limited | ₹4.63 Lakh (FY 2024) | 95.0% | Ahmedabad, Gujarat, India | |||
| Kitchenwala Artefact Private Limited | ₹4.62 Lakh (FY 2021) | -89.0% | Ghaziabad, Uttar Pradesh, India | |||
| Weld Equipment Development Co. Private Limited | ₹4.59 Lakh (FY 2024) | -99.0% | Howrah, West Bengal, India |
To see the full peer comparison of Aavan Engineering Industries (India) Private Limited, buy the company report.
Auditor
Aavan Engineering Industries (India) Private Limited is audited by ANIL B HOMBAL for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ANIL B HOMBAL | FY 2017 | 211688 |
Shareholding
The shareholding of Aavan Engineering Industries (India) Private Limited 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 Aavan Engineering Industries (India) Private Limited, buy the company report.
Legal cases
Aavan Engineering Industries (India) Private Limited has 9 court cases on record: 9 filed by Aavan Engineering Industries (India). All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 9 | 0 | 0 |
Cases on record (5 of 9)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, DHARWAD, Karnataka | Court case (Small Cause) | Filed by the company against an individual | Disposed |
| District court, DHARWAD, Karnataka | Court case (Small Cause) | Filed by the company against an individual | Disposed |
| District court, DHARWAD, Karnataka | Court case (Small Cause) | Filed by the company against an individual | Disposed |
| District court, DHARWAD, Karnataka | Court case (Small Cause) | Filed by the company against an individual | Disposed |
| District court, DHARWAD, Karnataka | Court case (Small Cause) | Filed by the company against Tejas Enterprises | Disposed |
To see the full case history of Aavan Engineering Industries (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 Aavan Engineering Industries (India) Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Aavan Engineering Industries (India) has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Aavan Engineering Industries (India) Private Limited, buy the company report.
Recent activity
Aavan Engineering Industries (India) Private Limited has 4 board changes on record since 2013: 2 appointments and 2 cessations. The latest: Holalkere Manjunatha Setty Rakesh ceased to be Director on 23 Mar 2020.
Frequently asked questions
Aavan Engineering Industries (India) has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Aavan Engineering Industries (India) was a private limited company based in Hubli, Karnataka, India. The company worked in metalworking, within the metal and minerals industry. It was incorporated on 09 October 2013 and is registered under CIN U28910KA2013PTC071355. The company has been struck off by the Registrar of Companies and is no longer operational.
Aavan Engineering Industries (India) had 2 directors:
- Vasudha Siddappa - Additional Director
- Anant Siddappa - Director
The CIN (Corporate Identification Number) of Aavan Engineering Industries (India) is U28910KA2013PTC071355. 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 Aavan Engineering Industries (India) is at Jnanadeep 1st Floor 1st Main Jayanagar, Hubli, Karnataka, India – 580021.
Aavan Engineering Industries (India) was incorporated on 09 October 2013. It is registered with the Registrar of Companies, Bangalore.
Aavan Engineering Industries (India) can be reached through the website aavanengineeringindustry.weebly.com. Its registered office is in Hubli, Karnataka, India.
The latest financial statements of Aavan Engineering Industries (India) on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 30 September 2019. Year-wise statements from 2015 are in the company report.
No. Aavan Engineering Industries (India) has 1 GST registration on record and it is cancelled or inactive.
Aavan Engineering Industries (India) operated in the metal and minerals industry, in the metalworking segment. It worked in this industry before it was struck off.
The peers of Aavan Engineering Industries (India) by revenue are Prakash and Sons Wire Private Limited, Manusuccour Spare Parts and Services Support Private Limited, Fastgrow Industries Private Limited, Gatix Drive Private Limited, Jain Track Fastner Private Limited and 5 more, all in the same principal business activity (metal and metal products).