Avani Cotex Limited
About Avani Cotex Limited
Data last updated:
Avani Cotex Limited was a public limited company based in Sangrur, Punjab, India. The company has been converted to a Limited Liability Partnership (LLP) and no longer exists as a company. For the latest details, refer to the successor LLP. It operated in the textile and fabric production segment of the manufacturing sector. It was incorporated on 20 January 2010.
The company was registered with the Registrar of Companies (ROC), Chandigarh, under CIN U17200PB2010PLC033529.
The company had an authorised share capital of ₹50 Lakh and a paid-up capital of ₹21 Lakh.
Its last annual general meeting (AGM) was held on 26 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office was at C/O Sangrur Industrial Corporation Limited Near Bharat Pvc Sunam Road, Punjab, India – 148001.
As per the financials filed for FY 2018, the company reported a revenue of ₹1.23 Lakh, a growth of 25% compared to the previous year. For the same year it recorded a net profit of ₹24,009 (net margin 19.6%) and EBITDA of ₹34,745 (EBITDA margin 28.3%).
Court records list 2 cases involving the company, including 2 filed by the company.
Company details
Contact details
Avani Cotex Limited's registered office is in Sangrur, Punjab. Its e-mail address is in the company report.
- Email
- Registered AddressC/O Sangrur Industrial Corporation Limited Near Bharat Pvc Sunam Road, Punjab, India – 148001
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Avani Cotex 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
Financials of Avani Cotex Limited
FY 2018 filings availableAvani Cotex Limited reported revenue of ₹1.23 Lakh (up 25% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue rose 25% in the latest year. EBITDA rose 244% in the latest 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 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ||||
| Other Income | ||||
| Total Revenue | ₹1.23 Lakh | |||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | ₹34,745 | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | ₹24,009 | |||
| 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
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 28.3% | |||
| Net Profit Margin | 19.6% | |||
| 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 | ||||
To see the full financial statements and ratios of Avani Cotex Limited, buy the company report.
Board of directors of Avani Cotex Limited
Avani Cotex has 3 former directors on record and no current directors listed.
Peer comparison
Avani Cotex Limited is compared with the 10 companies closest to it by revenue in the Manufacturing industry (Textiles), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Gate Garments Private Limited | ₹1.24 Lakh (FY 2025) | Srivilliputhur, Tamil Nadu, India | ||||
| Raised Apparels Private Limited | ₹1.24 Lakh (FY 2025) | Bangalore, Karnataka, India | ||||
| Eshu Textiles Private Limited | ₹1.24 Lakh (FY 2021) | Kasganj, Uttar Pradesh, India | ||||
| R3g Apparel Retail Private Limited | ₹1.24 Lakh (FY 2025) | -10.0% | Chennai, Tamil Nadu, India | |||
| Fineburlap Merchants Private Limited | ₹1.24 Lakh (FY 2024) | Kolkata, West Bengal, India | ||||
| Avani Cotex Limitedthis company | ₹1.23 Lakh (FY 2018) | ₹24,009 | 19.6% | 25.0% | Sangrur, Punjab, India | |
| Orissa Spinning Mills Ltd | ₹1.23 Lakh (FY 2025) | Sundergarh, Odisha, India | ||||
| Populas Enterprises Private Limited | ₹1.23 Lakh (FY 2019) | -48.0% | New Delhi, Delhi, India | |||
| Shivam Elastic & Tape Private Limited | ₹1.22 Lakh (FY 2025) | -99.0% | Kolkata, West Bengal, India | |||
| Trialshot Fashion Private Limited | ₹1.22 Lakh (FY 2024) | 10.0% | Hapur, Uttar Pradesh, India | |||
| Alveeno Synthetics Pvt Ltd | ₹1.21 Lakh (FY 2017) | -14.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Avani Cotex Limited, buy the company report.
Auditor
Avani Cotex Limited is audited by MOHIT NARESH & ASSOCIATES for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MOHIT NARESH & ASSOCIATES | FY 2018 | 021314N |
Shareholding
The shareholding of Avani Cotex Limited is on record for 3 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Avani Cotex Limited, buy the company report.
Legal cases
Avani Cotex Limited has 2 court cases on record: 2 filed by Avani Cotex. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 0 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Sangrur, Punjab | Cheque dishonour complaint | Filed by the company against an individual | Disposed |
| District court, Sangrur, Punjab | Commercial suit | Filed by the company against an individual | Disposed |
To see the full case history of Avani Cotex 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 Avani Cotex Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Avani Cotex Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Avani Cotex Limited has 3 board changes on record since 2019: 0 appointments and 3 cessations. The latest: Deepak Jindal ceased to be Director on 18 Jun 2019.
Frequently asked questions
Avani Cotex has been "Converted to LLP" - the business changed its legal structure from a company to a Limited Liability Partnership. The original company no longer exists in its previous form. For the latest information, refer to the successor LLP entity registered with MCA.
Avani Cotex was a public limited company based in Sangrur, Punjab, India. The company worked in textile and fabric production, within the manufacturing industry. It was incorporated on 20 January 2010 and is registered under CIN U17200PB2010PLC033529. For the latest details, refer to the successor LLP entity.
The CIN (Corporate Identification Number) of Avani Cotex is U17200PB2010PLC033529. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Avani Cotex was incorporated on 20 January 2010. It is registered with the Registrar of Companies, Chandigarh.
The registered office of Avani Cotex is at CO Sangrur Industrial Corporation Limited Near Bharat Pvc Sunam Road, Punjab, India – 148001.
The latest financial statements of Avani Cotex on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 26 September 2018. Year-wise statements from 2015 are in the company report.
Avani Cotex operated in the manufacturing industry, in the textile and fabric production segment.
The peers of Avani Cotex by revenue are Gate Garments Private Limited, Raised Apparels Private Limited, Eshu Textiles Private Limited, R3g Apparel Retail Private Limited, Fineburlap Merchants Private Limited and 5 more, all in the Manufacturing industry (Textiles).
Avani Cotex has 2 court cases on record: 2 filed by the company.
Deepak Jindal ceased to be Director on 18 Jun 2019. Lajpat Rai Jindal ceased to be Director on 18 Jun 2019. Veneet Sharma ceased to be Director on 18 Jun 2019.
The compliance status of Avani Cotex is compliant as of 24 September 2026.
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