About Aavishkar Machinery Private Limited
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Aavishkar Machinery Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the engineering design and consultancy segment of the engineering sector. It was incorporated on 15 February 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U29220GJ2013PTC073569. Its GSTIN is 24AALCA3566B1ZY (Gujarat).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Krishpy Lokesh Wadhwa and Namrata Kunal Jena.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at Ahmedabad, Gujarat.
As per the financials filed for FY 2023, the company reported a revenue of ₹7.42 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹47,740 (net margin -6.4%) and EBITDA of -₹44,402 (EBITDA margin -6%). Revenue has declined at a compounded annual rate (CAGR) of 32% over three years and 48% over five years.
The company is associated with 1 brand: Aavishkar machinery. Court records list 2 cases involving the company, including 1 filed by the company and 1 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website aavishkarmachinery.com.
Company details
Contact details
Aavishkar Machinery Private Limited's registered office is in Ahmedabad, Gujarat. Its website is aavishkarmachinery.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address805 Signature 1 Above Bmw Showroom Opp. Lj Hospital Nr. Ymca Club Sg Highw, Ay Road, Ahmedabad, Gujarat, India – 382210
- IndustryEngineering, Engineering Design & Consultancy
To see the full contact details of Aavishkar Machinery 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
Brands
Aavishkar Machinery operates one associated brand: Aavishkar machinery. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Grinding equipment manufacturer | aavishkarmachinery.com |
Financials of Aavishkar Machinery Private Limited
FY 2023 filings availableAavishkar Machinery Private Limited reported revenue of ₹7.42 Lakh (up 1379% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 48% over five years. EBITDA fell 415% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| EBITDA | -₹44,402 | ||||
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| Net Profit (PAT) | -₹47,740 | ||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| Profitability | |||||
| EBITDA Margin | -6% | ||||
| Net Profit Margin | -6.4% | ||||
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To see the full financial statements and ratios of Aavishkar Machinery Private Limited, buy the company report.
Board of directors of Aavishkar Machinery Private Limited
Aavishkar Machinery has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Krishpy Lokesh Wadhwa | Director | 04 Nov 2014 | 12 Years 0 Months | Current |
| Namrata Kunal Jena | Director | 15 Feb 2013 | 13 Years 8 Months | Current |
Auditor
Aavishkar Machinery Private Limited is audited by ASHOK CHHAJED & ASSOCIATES for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ASHOK CHHAJED & ASSOCIATES | FY 2020 | 100641W |
Shareholding
The shareholding of Aavishkar Machinery Private Limited is on record for 3 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Aavishkar Machinery Private Limited, buy the company report.
Legal cases
Aavishkar Machinery Private Limited has 2 court cases on record: 1 filed by Aavishkar Machinery, 1 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 1 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, South Twenty Four Parganas, West Bengal | Civil suit | Filed against the company by Roysons Ceramics Pvt Ltd | Disposed |
| District court, Ahmedabad, Gujarat | Court case (SMST S) | Filed by the company against Royson's Ceramics Pvt. Ltd. - Through and Its Director -1- Mr. Gopal Roy | Disposed |
To see the full case history of Aavishkar Machinery 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 Aavishkar Machinery Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Aavishkar Machinery has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AALCA3566B1ZY | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Aavishkar Machinery Private Limited, buy the company report.
Recent activity
Aavishkar Machinery Private Limited has 3 board changes on record since 2013: 2 appointments and 1 cessation. The latest: Jena Kunal ceased to be Director on 16 Aug 2018.
Frequently asked questions
Aavishkar Machinery is an active private limited company based in Ahmedabad, Gujarat, India. The company works in engineering design and consultancy, within the engineering industry. It was incorporated on 15 February 2013 (13+ years old) and is registered under CIN U29220GJ2013PTC073569.
Aavishkar Machinery has 2 current directors:
- Krishpy Lokesh Wadhwa - Director
- Namrata Kunal Jena - Director
The latest financial statements of Aavishkar Machinery on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from 2015 are in the company report.
The GSTIN of Aavishkar Machinery is 24AALCA3566B1ZY, registered in Gujarat.
The CIN (Corporate Identification Number) of Aavishkar Machinery is U29220GJ2013PTC073569. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Aavishkar Machinery has 2 court cases on record: 1 filed by the company and 1 filed against it.
Aavishkar Machinery was incorporated on 15 February 2013, making it 13+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Jena Kunal ceased to be Director on 16 Aug 2018. Krishpy Lokesh Wadhwa was appointed as Director on 04 Nov 2014. Namrata Kunal Jena was appointed as Director on 15 Feb 2013.
Aavishkar Machinery can be reached through the website aavishkarmachinery.com. Its registered office is in Ahmedabad, Gujarat, India.
The registered office of Aavishkar Machinery is at 805 Signature 1 Above Bmw Showroom Opp. Lj Hospital Nr. Ymca Club Sg Highw, Ay Road, Ahmedabad, Gujarat, India – 382210.
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