About Alvean India Private Limited
Data last updated:
Alvean India Private Limited is a private limited company based in Gurgaon, Haryana, India, a subsidiary of Alvean Sugar Sl. 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 agricultural products distribution segment of the agriculture sector. It was incorporated on 24 September 2014.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U15423HR2014PTC053444. The company has 6 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹20 Cr and a paid-up capital of ₹18.01 Cr. It is led by directors Kin Kei Eric Cheng and Anil Agrawal.
Its last annual general meeting (AGM) was held on 11 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at 14th Floor Building 9A DLF Cyber City Phase – III, Gurgaon, Haryana, India – 122002.
As per the financials filed for FY 2019, the company reported a revenue of ₹140.07 Cr, a decline of 83% compared to the previous year. For the same year it recorded a net profit of ₹2.68 Cr (net margin 1.9%) and EBITDA of ₹4.37 Cr (EBITDA margin 3.1%). Revenue has grown at a compounded annual rate (CAGR) of 65% over three years.
The company has about 2 employees on its provident fund (EPFO) records.
As per MCA filings, the company has satisfied charges of ₹223 Cr on record. The company has 2 deals on record (1 funding round, 1 secondary share transfer), with disclosed funding of ₹18 Cr; the latest was in December 2014. Its 3 peer companies in the Consumer Services industry (Agro Retail and Distribution, Professional Services), with the same principal business activity (wholesale trading) are compared by revenue, 1 larger and 2 smaller; the largest is Shri Lal Mahal Agro Products Private Limited with revenue of ₹140.66 Cr.
The last known website on record is alvean.com.
Company details
Contact details
Alvean India Private Limited's registered office is in Gurgaon, Haryana. Its website is alvean.com. Its e-mail address is in the company report.
- Email
- Website
- Registered Address14th Floor Building 9A DLF Cyber City Phase – III, Gurgaon, Haryana, India – 122002
- IndustryAgriculture, Agro Retail & Distribution
To see the full contact details of Alvean 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 Alvean India is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Alvean India Private Limited, buy the company report.
Financials of Alvean India Private Limited
FY 2019 filings availableAlvean India Private Limited reported revenue of ₹140.07 Cr (down 83% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue fell 83% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 65%. EBITDA fell 32% 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 | |||||
| Other Income | |||||
| Total Revenue | ₹140.07 Cr | ||||
| Cost of Materials Consumed | |||||
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| Finance Costs | |||||
| Depreciation and Amortisation | |||||
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| Total Expenses | |||||
| EBITDA | ₹4.37 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹2.68 Cr | ||||
| 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 | 3.1% | ||||
| Net Profit Margin | 1.9% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Alvean India Private Limited, buy the company report.
Board of directors of Alvean India Private Limited
Alvean India has 2 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kin Kei Eric Cheng | Director | 21 Dec 2018 | 7 Years 10 Months | As last reported |
| Anil Agrawal | Director | 04 Sep 2019 | 7 Years 2 Months | As last reported |
Peer comparison
Alvean India Private Limited is compared with the 3 companies closest to it by revenue in the Consumer Services industry (Agro Retail and Distribution, Professional Services), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Shri Lal Mahal Agro Products Private Limited | ₹140.66 Cr (FY 2025) | 1493.0% | Delhi, India | |||
| Alvean India Private Limitedthis company | ₹140.07 Cr (FY 2019) | ₹2.68 Cr | 1.9% | -83.0% | 2 | Gurgaon, Haryana, India |
| The West Bengal Small Industries Development Corpn Limited | ₹139.65 Cr (FY 2022) | -9.0% | Kolkata, West Bengal, India | |||
| Kedar Seeds Traders Private Limited | ₹139.05 Cr (FY 2025) | -33.0% | Mehsana, Gujarat, India |
To see the full peer comparison of Alvean India Private Limited, buy the company report.
Auditor
Alvean India Private Limited is audited by B S R and Associates LLP for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| B S R and Associates LLP | FY 2019 | 116231W/W100024 |
Shareholding
The shareholding of Alvean 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 Alvean India Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 23 Nov 2016 | 100066273 | Others | ₹223 Cr | Satisfied |
To see the full charge records of Alvean India Private Limited, buy the company report.
Total charge records: 1 View all charges
Deals & funding
Alvean India Private Limited has 2 deals on record (1 funding round, 1 secondary share transfer), with disclosed funding of ₹18 Cr; the latest was in December 2014.
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Dec 2014 | Funding round | ₹18 Cr | Investors: an individual |
| Dec 2014 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: 2 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Alvean India Private Limited 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 Alvean India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Alvean India Private Limited has a workforce of 2 employees on its EPFO records as of Sep 2019, across 1 active EPFO establishment.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2019-20 | 2 |
| FY 2018-19 | |
| FY 2017-18 | |
| FY 2016-17 |
To see the full employee and EPFO history of Alvean India Private Limited, buy the company report.
GST
Alvean India has 6 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Alvean India Private Limited, buy the company report.
Recent activity
Alvean India Private Limited has 9 board changes on record since 2016: 2 appointments and 7 cessations. The latest: Vikram Prakash Tole ceased to be Director on 13 Sep 2019.
2 earlier events are in the company report.
Frequently asked questions
Alvean 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.
Alvean India is a company under liquidation, formerly operating as a private limited company based in Gurgaon, Haryana, India. The company works in agro retail and distribution, within the agriculture industry. It was incorporated on 24 September 2014 and is registered under CIN U15423HR2014PTC053444. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Alvean India has 2 current directors:
- Kin Kei Eric Cheng - Director
- Anil Agrawal - Director
The latest financial statements of Alvean India on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 11 September 2019. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Alvean India is U15423HR2014PTC053444. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Alvean India has no open charges and satisfied charges of ₹223 Cr as per latest MCA filings.
Alvean India was incorporated on 24 September 2014. It is registered with the Registrar of Companies, Delhi.
Alvean India has 2 deals on record (1 funding round, 1 secondary share transfer), with disclosed funding of ₹18 Cr; the latest was in December 2014.
The peers of Alvean India by revenue are Shri Lal Mahal Agro Products Private Limited, The West Bengal Small Industries Development Corpn Limited, Kedar Seeds Traders Private Limited, all in the Consumer Services industry (Agro Retail and Distribution, Professional Services), with the same principal business activity (wholesale trading).
Vikram Prakash Tole ceased to be Director on 13 Sep 2019. Anil Agrawal ceased to be Additional Director on 11 Sep 2019. Kin Kei Eric Cheng ceased to be Additional Director on 11 Sep 2019. Alvean India has 9 board changes on record in total.
Alvean India can be reached through the website alvean.com. Its registered office is in Gurgaon, Haryana, India.
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