- Category
- Medium (2024-25)
- Udyam number
- UDYAM-DL-01-0001651

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. 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
Recognitions & Rankings of Avaids Technovators
Contact details
Avaids Technovators Private Limited's registered office is in New Delhi, Delhi. Its website is avaids.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address4 – A/58 Shankar Road, New Delhi, Delhi, India – 110060
- IndustryMachinery and Equipment, Industrial Control Valves & Systems
To see the full contact details of Avaids Technovators 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 Avaids Technovators 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 Avaids Technovators Private Limited, buy the company report.
Financials of Avaids Technovators Private Limited
FY 2025 filings availableAvaids Technovators Private Limited reported revenue of ₹101.04 Cr (down 3% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
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
| 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) | |||||
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| Inventories | |||||
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Financial Ratios
| 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) | |||||
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| Efficiency and Growth | |||||
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| Receivable Days | |||||
| Payable Days | |||||
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| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Avaids Technovators Private Limited, buy the company report.
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.
| 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 |
Auditor
Avaids Technovators Private Limited is audited by GSSV & Associates for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| GSSV & Associates | FY 2024 | 0014537N |
Shareholding
The shareholding of Avaids Technovators Private Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Avaids Technovators Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Dec 2024 | 101037489 | Sidbi | ₹1.79 Cr | Open | |
| 12 Aug 2021 | 100470489 | Hdfc Bank Limited | ₹10 Lakh | Open | |
| 11 Mar 2013 | 10421112 | Axis Bank Limited | ₹58.7 Cr | Open | |
| 19 Sep 2022 | 100609745 | Others | ₹51.5 Cr | Satisfied | |
| 30 Mar 2018 | 100167241 | Others | ₹5 Cr | Satisfied |
To see the full charge records of Avaids Technovators Private Limited, buy the company report.
Total charge records: 10 View all charges
Deals & funding
Avaids Technovators Private Limited has 3 deals on record (3 secondary share transfers); the latest was in November 2023.
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 |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Avaids Technovators Private Limited has 3 court cases on record: 1 filed by Avaids Technovators, 2 filed against it. All cases are disposed.
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 (Industrial Main Case) | Filed against the company by an individual | Disposed |
| High Court, HARYANA | Criminal miscellaneous application | Filed by the company against State of Haryana and Anr | Disposed |
To see the full case history of Avaids Technovators 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
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 |
To see the full MSME payment records of Avaids Technovators Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Avaids Technovators Private Limited has a workforce of 215 employees on its EPFO records as of Apr 09, 2024, across 3 active EPFO establishments.
GST
Avaids Technovators has 7 GST registrations: 5 active and 2 cancelled or inactive. The first 4 active GSTINs are listed below.
| 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 |
To see the full GST registrations and return filing status of Avaids Technovators Private Limited, buy the company report.
Recent activity
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.
23 earlier events are in the company report.
Frequently asked questions
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 has 4 current directors:
- Rajesh Piplani - Managing Director
- Sumeer Kaul - Director
- Sangeeta Piplani - Director
- Smriti Kaul - Additional Director
The latest financial statements of Avaids Technovators on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
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.
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.
Yes, Avaids Technovators is registered as a medium enterprise under Udyam registration (number: UDYAM-DL-01-0001651).
Avaids Technovators has 8 MSME Form 1 returns on record between 2019 and 2022, listing 1,987 overdue payments to 84 micro and small suppliers. The latest return was filed on 31 Aug 2022.