MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-DL-01-0001651
Avaids Technovators Private Limited - machinery and equipment in New Delhi, Delhi, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹101.04 Cr
▼ 3% YoY
Net profit · FY 2025
₹4.02 Cr
Net margin 4%
EBITDA · FY 2025
₹7.35 Cr
EBITDA margin 7.3%
Authorised capital
₹18 Cr
Registered with MCA
Paid-up capital
₹5.63 Cr
Issued & subscribed
Open charges
₹60.59 Cr
Satisfied ₹101.81 Cr
Company age
38 yrs
Est. 1988
Employees · EPFO
215
Provident fund records
About Avaids Technovators Private Limited
Data last updated:
Avaids Technovators Private Limited is a private limited company based in New Delhi, Delhi, India. It operates in the industrial control valves and systems segment of the machinery and industrial equipment sector. It was incorporated on 16 May 1988 and has been in existence for over 38 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U74899DL1988PTC031707. Its GSTIN is 07AAACA2829E1Z3 (Delhi). The company holds 7 GST registrations, of which 5 are active.
The company has an authorised share capital of ₹18 Cr and a paid-up capital of ₹5.63 Cr. It is led by directors including Rajesh Piplani (Managing Director) and Sumeer Kaul.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 4 – A/58 Shankar Road, New Delhi, Delhi, India – 110060.
As per the financials filed for FY 2025, the company reported a revenue of ₹101.04 Cr, a decline of 3% compared to the previous year. For the same year it recorded a net profit of ₹4.02 Cr (net margin 4%) and EBITDA of ₹7.35 Cr (EBITDA margin 7.3%). Revenue has grown at a compounded annual rate (CAGR) of 8% over three years.
The company has about 215 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹60.59 Cr and satisfied charges of ₹101.81 Cr on record. Court records list 3 cases involving the company, including 1 filed by the company and 2 filed against it. The company has 3 deals on record (3 secondary share transfers); the latest was in November 2023. Its 10 peer companies in the Consumer Durables industry (Electronic Appliances Manufacturing) are compared by revenue, 5 larger and 5 smaller; the largest is Platinum Appliances Private Limited with revenue of ₹102.56 Cr. The company has 8 MSME Form 1 returns on record between 2019 and 2022, listing 1,987 overdue payments to 84 micro and small suppliers.
Avaids Technovators Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-DL-01-0001651). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website avaids.com.
Company Details of Avaids Technovators Private Limited
CIN U74899DL1988PTC031707
Registration Number 031707
Incorporation Date 16 May 1988
ROC Delhi
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-DL-01-0001651
Recognitions & Rankings of Avaids Technovators
Contact Details
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered Address4 – A/58 Shankar Road, New Delhi, Delhi, India – 110060
- IndustryMachinery and Equipment, Industrial Control Valves & Systems
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Business Activity of Avaids Technovators Private Limited
The main business activity of Avaids Technovators is trade. In detail, this covers wholesale trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | Locked |
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Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
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Financials of Avaids Technovators Private Limited FY 2025 filings available
Avaids Technovators Private Limited reported revenue of ₹101.04 Cr (down 3% YoY) for FY 2025.
Revenue · FY 2025
₹101.04 Cr ▼ 3%
Net profit · FY 2025
₹4.02 Cr margin 4%
EBITDA · FY 2025
₹7.35 Cr margin 7.3%
Compounded Annual Growth Rate (CAGR) of Avaids Technovators Private Limited
Revenue CAGR growth
1 year
▼ 3%
3 years · compounded
▲ 8%
EBITDA CAGR growth
1 year
▼ 2%
3 years · compounded
▲ 46%
5 years · compounded
▼ 6%
Revenue fell 3% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 8%. EBITDA fell 2% 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 of Avaids Technovators Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | ₹101.04 Cr | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹7.35 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹4.02 Cr | •••• | •••• | •••• | •••• |
| 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 of Avaids Technovators Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 7.3% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 4% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Avaids Technovators are in the company report.
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Financial statements from 2015
Earlier years and trend charts are in the company report.
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Board of Directors of Avaids Technovators Private Limited
Avaids Technovators has 4 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sumeer Kaul Also directs: Honeycom Power Services Private Limited | Director | 01 Sep 2020 | 6 Years 1 Months | Current |
| Sangeeta Piplani | Director | 26 May 1995 | 31 Years 4 Months | Current |
| Rajesh Piplani | Managing Director | 16 May 1988 | 38 Years 5 Months | Current |
| Smriti Kaul | Additional Director | 28 Feb 2026 | 0 Years 7 Months | Current |
Peer Comparison of Avaids Technovators Private Limited
Avaids Technovators Private Limited is compared with the companies closest to it by revenue in the Consumer Durables industry (Electronic Appliances Manufacturing). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Platinum Appliances Private Limited | ₹102.56 Cr (FY 2016) | •••• | •••• | -62.0% | •••• | Pune, Maharashtra, India |
| FCG Hi-Tech Private Limited | ₹101.71 Cr (FY 2024) | •••• | •••• | 12.0% | •••• | Mumbai, Maharashtra, India |
| V. K. Electronic Devices Private Limited | ₹101.57 Cr (FY 2025) | •••• | •••• | -2.0% | •••• | Muradnagar, Uttar Pradesh, India |
| Sarvotham Engineering Works Private Limited | ₹101.35 Cr (FY 2024) | •••• | •••• | 266.0% | •••• | Delhi, India |
| Foxsky Electronics India Private Limited | ₹101.19 Cr (FY 2025) | •••• | •••• | 35.0% | •••• | Ghaziabad, Uttar Pradesh, India |
| Avaids Technovators Private Limited this company | ₹101.04 Cr (FY 2025) | •••• | •••• | -3.0% | •••• | New Delhi, Delhi, India |
| Kondaas Automation Private Limited | ₹100.84 Cr (FY 2025) | •••• | •••• | 57.0% | •••• | Coimbatore, Tamil Nadu, India |
| Everup Battery India Private Limited | ₹100.68 Cr (FY 2025) | •••• | •••• | -61.0% | •••• | Sriperumbudur, Tamil Nadu, India |
| Aditi Solar Private Limited | ₹100.67 Cr (FY 2025) | •••• | •••• | 72.0% | •••• | Hyderabad, Telangana, India |
| VHM Electricals Private Limited | ₹100.42 Cr (FY 2025) | •••• | •••• | 32.0% | •••• | Secunderabad, Telangana, India |
| Uratom Solar (India) Private Limited | ₹100.29 Cr (FY 2025) | •••• | •••• | 142.0% | •••• | Gondal, Gujarat, India |
Peers are the five companies nearest above and the five nearest below Avaids Technovators by revenue in the Consumer Durables industry (Electronic Appliances Manufacturing), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Avaids Technovators Private Limited
Avaids Technovators Private Limited is audited by GSSV & Associates for the financial year 2024.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| GSSV & Associates | Locked | Locked | Locked |
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Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
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Ownership and Shareholding of Avaids Technovators Private Limited
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Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
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Charges & Borrowings of Avaids Technovators Private Limited
Open charges
₹60.59 Cr
Satisfied charges
₹101.81 Cr
Breakdown by lending institutions
Latest charge details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 30 Dec 2024 | Sidbi | ₹1.79 Cr | Open |
| 12 Aug 2021 | Hdfc Bank Limited | ₹10 Lakh | Open |
| 11 Mar 2013 | Axis Bank Limited | ₹58.7 Cr | Open |
| 19 Sep 2022 | Others | ₹51.5 Cr | Satisfied |
| 30 Mar 2018 | Others | ₹5 Cr | Satisfied |
Total charge records: 10 View all charges
Deals & Funding of Avaids Technovators Private Limited
Avaids Technovators Private Limited has 3 deals on record (3 secondary share transfers); the latest was in November 2023.
Total deals
3
Secondary share transfers
3
Deals on record (3 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Nov 2023 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| May 2023 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: 2 individuals |
| Mar 2021 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: 2 individuals |
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Full deal history
All 3 deals with amounts, valuations, instruments and every party are in the company report.
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Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of Avaids Technovators Private Limited
Avaids Technovators Private Limited has 3 court cases on record: 1 filed by Avaids Technovators, 2 filed against it. All cases are disposed. Status as checked between 21 Sep 2026 and 01 Oct 2026.
Total cases
3
Filed by the company
1
Filed against the company
2
Disposed
3
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 2 | 0 |
| High courts | 1 | 0 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, KOTPUTLI BEHROR, Rajasthan | Criminal case | Filed against the company by an individual | Disposed |
| District court, Alwar, Rajasthan | Court case (Labour / Industrial Main Case) | Filed against the company by an individual | Disposed |
| High Court of Punjab and Haryana | Criminal miscellaneous application | Filed by the company against State of Haryana | Disposed |
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Full case history
All 3 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
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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 by Avaids Technovators Private Limited
Avaids Technovators Private Limited has 8 MSME Form 1 returns on record between 2019 and 2022, listing 1,987 overdue payments to 84 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 84)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Etech Ind Private Limited | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| VSM Services and Solutions | •••• | •••• | •••• |
| Raja Paints India Private Limited | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
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Full MSME payment history
Every supplier, amount and due date from all 8 MSME Form 1 returns is in the company report.
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Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Employees and EPFO Compliance at Avaids Technovators Private Limited
Avaids Technovators Private Limited has a workforce of 215 employees as of Apr 09, 2024.
Employee count
215
Active EPFO establishments
3
Employee growth
-12.96%
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Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
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Recent Activity on Avaids Technovators Private Limited
Avaids Technovators Private Limited has 10 board changes on record since 1988: 4 appointments and 6 cessations. The latest: Smriti Kaul was appointed as Additional Director on 28 Feb 2026.
Appointed
Smriti Kaul was appointed as Additional Director.
AGM
Avaids Technovators Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Avaids Technovators Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Delhi Ii.
Charges
A charge with Sidbi amounted to Rs. 1.79 Cr with Charge ID 101037489 was registered on 30 Dec 2024.
Charges
A charge registered on 19 Sep 2022 via Charge ID 100609745 with Others was fully satisfied on 03 Dec 2024.
Charges
A charge with Others amounted to Rs. 51.50 Cr with Charge ID 100609745 was registered on 19 Sep 2022.
Ceased
Neeru Dhar ceased to be Additional Director.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.10 Cr with Charge ID 100470489 was registered on 12 Aug 2021.
Charges
A charge registered on 30 Mar 2018 via Charge ID 100167241 with Others was fully satisfied on 07 Jan 2021.
Ceased
Sumeer Kaul ceased to be Additional Director.
Ceased
Ashok Kumar Kaul ceased to be Director.
Ceased
Lalita Kaul ceased to be Director.
23 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Avaids Technovators Private Limited
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Credit ratings, litigation, and regulatory alerts
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Subsidiaries & Group Companies of Avaids Technovators Private Limited
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Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
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GST Compliance of Avaids Technovators Private Limited
Avaids Technovators has 7 GST registrations: 5 active and 2 cancelled or inactive. The first 4 active GSTINs are listed below.
Total GSTINs
7
Active
5
Cancelled / inactive
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AAACA2829E1Z3 | Delhi | Active | 01 Jul 2017 |
| 06AAACA2829E1Z5 | Haryana | Active | 01 Jul 2017 |
| 08AAACA2829E2Z0 | Rajasthan | Active | 24 Jul 2017 |
| 09AAACA2829E1ZZ | Uttar Pradesh | Active | 02 Apr 2018 |
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GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
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MCA Filings & Documents of Avaids Technovators Private Limited
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MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
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Frequently Asked Questions about Avaids Technovators Private Limited
Avaids Technovators is an active private limited company based in New Delhi, Delhi, India. The company works in industrial control valves and systems, within the machinery and equipment industry. It was incorporated on 16 May 1988 (38+ years old) and is registered under CIN U74899DL1988PTC031707.
Avaids Technovators reported revenue of ₹101.04 Cr for FY 2025 (down 3% YoY).
Avaids Technovators has 4 current directors:
- Rajesh Piplani - Managing Director
- Sumeer Kaul - Director
- Sangeeta Piplani - Director
- Smriti Kaul - Additional Director
Avaids Technovators reported a net profit of ₹4.02 Cr (net margin 4%) and EBITDA of ₹7.35 Cr (EBITDA margin 7.3%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Avaids Technovators is 8% over three years. In the latest year (FY 2025) revenue fell 3%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Avaids Technovators is 07AAACA2829E1Z3, registered in Delhi. The company has 7 GST registrations in all, of which 5 are active and 2 are cancelled or inactive. Other active GSTINs include 06AAACA2829E1Z5 (Haryana), 08AAACA2829E2Z0 (Rajasthan), 09AAACA2829E1ZZ (Uttar Pradesh).
The CIN (Corporate Identification Number) of Avaids Technovators is U74899DL1988PTC031707. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Avaids Technovators has 3 court cases on record: 1 filed by the company and 2 filed against it. Most are in the district courts.
Avaids Technovators was incorporated on 16 May 1988, making it 38+ years old. It is registered with the Registrar of Companies, Delhi.
Avaids Technovators has 3 deals on record (3 secondary share transfers); the latest was in November 2023.
The peers of Avaids Technovators by revenue are Platinum Appliances Private Limited, FCG Hi-Tech Private Limited, V. K. Electronic Devices Private Limited, Sarvotham Engineering Works Private Limited, Foxsky Electronics India Private Limited and 5 more, all in the Consumer Durables industry (Electronic Appliances Manufacturing).
Smriti Kaul was appointed as Additional Director on 28 Feb 2026. Neeru Dhar ceased to be Additional Director on 30 Dec 2021. Sumeer Kaul ceased to be Additional Director on 30 Dec 2020. Avaids Technovators has 10 board changes on record in total.