Avan Agro-Tech Private Limited
About Avan Agro-Tech Private Limited
Data last updated:
Avan Agro-Tech Private Limited was a private limited company based in Bangalore, Karnataka, India, operated as a subsidiary of Global Agri System Private Limited. 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 crop production and distribution segment of the agriculture sector. It was incorporated on 18 March 1998.
The company was registered with the Registrar of Companies (ROC), Bangalore, under CIN U01122KA1998PTC023509. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹25 Lakh and a paid-up capital of ₹15 Lakh. It was led by directors Anand Subramanian and Sunil Kumar Sharma.
Its last annual general meeting (AGM) was held on 29 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office was at 1134 1st Floor 100 Feet Road Hal 2nd Stage, Bangalore, Karnataka, India – 560008.
As per the financials filed for FY 2018, the company reported a revenue of ₹1.92 Cr, a decline of 58% compared to the previous year. For the same year it recorded a net loss of ₹4,300 (net margin 0%) and EBITDA of -₹4,300 (EBITDA margin 0%). Revenue has declined at a compounded annual rate (CAGR) of 27% over three years.
Court records list 3 cases involving the company, including 3 filed by the company.
Company details
Contact details
Avan Agro-Tech Private Limited's registered office is in Bangalore, Karnataka. Its e-mail address is in the company report.
- Email
- Registered Address1134 1st Floor 100 Feet Road Hal 2nd Stage, Bangalore, Karnataka, India – 560008
- IndustryAgriculture, Crop Production & Distribution
To see the full contact details of Avan Agro-Tech 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 Avan Agro-Tech is trade. In detail, this covers retail trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of Avan Agro-Tech Private Limited, buy the company report.
Financials of Avan Agro-Tech Private Limited
FY 2018 filings availableAvan Agro-Tech Private Limited reported revenue of ₹1.92 Cr (down 58% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 27% over three years, including a 58% fall in the latest year. EBITDA fell 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
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| EBITDA | -₹4,300 | |||
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| Net Profit (PAT) | -₹4,300 | |||
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Financial Ratios
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
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| Profitability | ||||
| EBITDA Margin | 0% | |||
| Net Profit Margin | 0% | |||
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To see the full financial statements and ratios of Avan Agro-Tech Private Limited, buy the company report.
Board of directors of Avan Agro-Tech Private Limited
Avan Agro-Tech has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Anand Subramanian Also directs: Sarv-Ventures LLP, Katra Holding Private Limited, Katra Phytochem (India) Private Limited and 2 more | Director | 09 Jul 2015 | 11 Years 3 Months | As last reported |
| Sunil Kumar Sharma Also directs: Sunshine Agrisystem Private Limited, Sunvita Foods Private Limited, Global Agri System Private Limited and 1 more | Director | 10 Jan 2011 | 15 Years 9 Months | As last reported |
Auditor
Avan Agro-Tech Private Limited is audited by ANANDRAM SARDA & ASSOCIATES for the financial year 2016.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ANANDRAM SARDA & ASSOCIATES | FY 2016 | 013599S |
Shareholding
The shareholding of Avan Agro-Tech Private Limited is on record for 3 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Avan Agro-Tech Private Limited, buy the company report.
Legal cases
Avan Agro-Tech Private Limited has 3 court cases on record: 3 filed by Avan Agro-Tech. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 0 | 0 |
| High courts | 1 | 0 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court | Court case ((T)CMA(TM)) | Filed by the company against Kamat Hotels (India) Limited and 1 other | Disposed |
| District court, BENGALURU, Karnataka | Civil suit | Filed by the company against an individual | Disposed |
| District court, BENGALURU, Karnataka | Civil suit | Filed by the company against an individual | Disposed |
To see the full case history of Avan Agro-Tech 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 Avan Agro-Tech Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Avan Agro-Tech Private Limited has 1 active EPFO establishment as of Apr 09, 2024.
GST
Avan Agro-Tech 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 Avan Agro-Tech Private Limited, buy the company report.
Recent activity
Avan Agro-Tech Private Limited has 6 board changes on record since 2011: 2 appointments and 4 cessations. The latest: Gokul Patnaik ceased to be Director on 30 Jun 2019.
Frequently asked questions
Avan Agro-Tech 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.
Avan Agro-Tech was a private limited company based in Bangalore, Karnataka, India. The company worked in crop production and distribution, within the agriculture industry. It was incorporated on 18 March 1998 and is registered under CIN U01122KA1998PTC023509. The company has been struck off by the Registrar of Companies and is no longer operational.
Avan Agro-Tech had 2 directors:
- Anand Subramanian - Director
- Sunil Kumar Sharma - Director
The CIN (Corporate Identification Number) of Avan Agro-Tech is U01122KA1998PTC023509. 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 Avan Agro-Tech is at 1134 1st Floor 100 Feet Road Hal 2nd Stage, Bangalore, Karnataka, India – 560008.
Avan Agro-Tech was incorporated on 18 March 1998. It is registered with the Registrar of Companies, Bangalore.
The latest financial statements of Avan Agro-Tech on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 29 September 2018. Year-wise statements from 2015 are in the company report.
No. Avan Agro-Tech has 1 GST registration on record and it is cancelled or inactive.
Avan Agro-Tech operated in the agriculture industry, in the crop production and distribution segment. It worked in this industry before it was struck off.
Avan Agro-Tech has 3 court cases on record: 3 filed by the company. Most are in the district courts.