About Avanti Conductors Ltd
Data last updated:
Avanti Conductors Ltd was a private limited company based in Pune, Maharashtra, 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 cable and wire segment of the manufacturing sector. It was incorporated on 09 July 1982.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U34300MH1982PTC027766. Its GSTIN is 27AABCA4537A1Z7 (Maharashtra).
The company had an authorised share capital of ₹50 Lakh and a paid-up capital of ₹45.2 Lakh.
Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office was at Off – 304 Amar Neptune Sn. 6/1/1 Bh. Food Bazar Baner, Pune, Maharashtra, India – 411045.
As per the financials filed for FY 2019, the company reported a revenue of ₹10,773, a decline of 97% compared to the previous year. For the same year it recorded a net loss of ₹36,038 (net margin -334.5%) and EBITDA of -₹35,976 (EBITDA margin -333.9%). Revenue has declined at a compounded annual rate (CAGR) of 87% over three years.
As per MCA filings, the company has satisfied charges of ₹2.71 Cr on record. Court records list 5 cases involving the company, including 5 filed by the company.
The last known website on record is avanticables.com.
Company details
Contact details
Avanti Conductors Ltd's registered office is in Pune, Maharashtra. Its website is avanticables.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressOff – 304 Amar Neptune Sn. 6/1/1 Bh. Food Bazar Baner, Pune, Maharashtra, India – 411045
- IndustryManufacturing, Cable & Wire
To see the full contact details of Avanti Conductors Ltd, 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 Avanti Conductors is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment |
Financials of Avanti Conductors Ltd
FY 2019 filings availableAvanti Conductors Ltd reported revenue of ₹10,773 (down 97% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 87% over three years, including a 97% fall in the latest year. EBITDA fell 41% 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 |
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| EBITDA | -₹35,976 | ||||
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| Net Profit (PAT) | -₹36,038 | ||||
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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 | -333.9% | ||||
| Net Profit Margin | -334.5% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Avanti Conductors Ltd, buy the company report.
Board of directors of Avanti Conductors Ltd
Avanti Conductors has 4 former directors on record and no current directors listed.
Auditor
Avanti Conductors Ltd is audited by S C CHOBE & CO for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S C CHOBE & CO | FY 2017 | 101864W |
Shareholding
The shareholding of Avanti Conductors Ltd is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Avanti Conductors Ltd, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 Nov 2006 | 10031811 | Union Bank of India | ₹2.31 Cr | Satisfied | |
| 10 Oct 2001 | 90085898 | Icici Ltd. | ₹8 Lakh | Satisfied | |
| 14 Jul 2000 | 90082658 | The Maharashtra State Financial Corporation | ₹12 Lakh | Satisfied | |
| 30 Oct 1998 | 90084920 | Union Bank of India | ₹20 Lakh | Satisfied |
To see the full charge records of Avanti Conductors Ltd, buy the company report.
Total charge records: 4 View all charges
Legal cases
Avanti Conductors Ltd has 5 court cases on record: 5 filed by Avanti Conductors. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 5 | 0 | 0 |
Cases on record (5 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Pune, Maharashtra | Civil suit | Filed by the company against Sangli Bank Ltd. | Disposed |
| District court, Pune, Maharashtra | Court case (Spl .Dkst) | Filed by the company against Ms.Powercon Electro Systems | Disposed |
| District court, Pune, Maharashtra | Civil suit | Filed by the company against an individual | Disposed |
| District court, Pune, Maharashtra | Court case (Spl.Sum.Suit) | Filed by the company against Ms Powercon Electro Systems | Disposed |
| District court, Pune, Maharashtra | Civil suit | Filed by the company against an individual | Disposed |
To see the full case history of Avanti Conductors Ltd, 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 Avanti Conductors Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Avanti Conductors Ltd has 1 active EPFO establishment as of Mar 31, 2024.
GST
Avanti Conductors has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCA4537A1Z7 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Avanti Conductors Ltd, buy the company report.
Recent activity
Avanti Conductors Ltd has 4 board changes on record since 2020: 0 appointments and 4 cessations. The latest: Abhay Akshay Kejriwal ceased to be Director on 18 Mar 2020.
4 earlier events are in the company report.
Frequently asked questions
Avanti Conductors 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.
Avanti Conductors was a private limited company based in Pune, Maharashtra, India. The company worked in cable and wire, within the manufacturing industry. It was incorporated on 09 July 1982 and is registered under CIN U34300MH1982PTC027766. For the latest details, refer to the successor LLP entity.
The CIN (Corporate Identification Number) of Avanti Conductors is U34300MH1982PTC027766. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Avanti Conductors was incorporated on 09 July 1982. It is registered with the Registrar of Companies, Mumbai.
Avanti Conductors can be reached through the website avanticables.com. Its registered office is in Pune, Maharashtra, India.
The registered office of Avanti Conductors is at Off – 304 Amar Neptune Sn. 611 Bh. Food Bazar Baner, Pune, Maharashtra, India – 411045.
The latest financial statements of Avanti Conductors on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 30 September 2019. Year-wise statements from 2015 are in the company report.
The GSTIN of Avanti Conductors is 27AABCA4537A1Z7, registered in Maharashtra.
Avanti Conductors operated in the manufacturing industry, in the cable and wire segment.
Avanti Conductors has 5 court cases on record: 5 filed by the company.
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