Avanti Electric Private Limited
About Avanti Electric Private Limited
Data last updated:
Avanti Electric Private Limited was a private limited company based in Chennai, Tamil Nadu, 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 power transmission and distribution services segment of the energy and power sector. It was incorporated on 15 April 2011.
The company was registered with the Registrar of Companies (ROC), Chennai, under CIN U40102TN2011PTC080165.
The company had an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh.
Its last annual general meeting (AGM) was held on 28 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office was at ''Temple Steps'' 3rd Floor Block No. A Unit – B 184 – 187 Anna Salai Little Mount, Chennai, Tamil Nadu, India – 600015.
As per the financials filed for FY 2018, the company reported a revenue of ₹19,000, a growth of 27% compared to the previous year. For the same year it recorded a net profit of ₹14,003 (net margin 73.7%) and EBITDA of ₹14,003 (EBITDA margin 73.7%).
Company details
Contact details
Avanti Electric Private Limited's registered office is in Chennai, Tamil Nadu. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address''Temple Steps'' 3rd Floor Block No. A Unit – B 184 – 187 Anna Salai Little Mount, Chennai, Tamil Nadu, India – 600015
- IndustryEnergy and Power, Power Transmission & Distribution Services
To see the full contact details of Avanti Electric 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 Avanti Electric is electricity, gas, steam and air condition supply. In detail, this covers electric power generation, transmission and distribution.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| D | Electricity, gas, steam and air condition supply | D1 | Electric power generation, transmission and distribution |
Financials of Avanti Electric Private Limited
FY 2018 filings availableAvanti Electric Private Limited reported revenue of ₹19,000 (up 27% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue rose 27% in the latest year. EBITDA rose 24% 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 | ₹14,003 | |||
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| Net Profit (PAT) | ₹14,003 | |||
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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 | 73.7% | |||
| Net Profit Margin | 73.7% | |||
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To see the full financial statements and ratios of Avanti Electric Private Limited, buy the company report.
Board of directors of Avanti Electric Private Limited
Avanti Electric has 3 former directors on record and no current directors listed.
Auditor
Avanti Electric Private Limited is audited by S.K.Gulecha & Associates for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S.K.Gulecha & Associates | FY 2017 | 013340S |
Shareholding
The shareholding of Avanti Electric Private Limited 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 Electric Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Avanti Electric Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Avanti Electric Private 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 Avanti Electric Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Avanti Electric Private Limited has 3 board changes on record since 2017: 0 appointments and 3 cessations. The latest: Kumar Vaidyanathan ceased to be Director on 15 Jan 2019.
Frequently asked questions
Avanti Electric 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 Electric was a private limited company based in Chennai, Tamil Nadu, India. The company worked in power transmission and distribution services, within the energy and power industry. It was incorporated on 15 April 2011 and is registered under CIN U40102TN2011PTC080165. For the latest details, refer to the successor LLP entity.
The CIN (Corporate Identification Number) of Avanti Electric is U40102TN2011PTC080165. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Avanti Electric was incorporated on 15 April 2011. It is registered with the Registrar of Companies, Chennai.
The registered office of Avanti Electric is at Temple Steps 3rd Floor Block No. A Unit – B 184 – 187 Anna Salai Little Mount, Chennai, Tamil Nadu, India – 600015.
The latest financial statements of Avanti Electric on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 28 September 2018. Year-wise statements from 2015 are in the company report.
Avanti Electric operated in the energy and power industry, in the power transmission and distribution services segment.
Kumar Vaidyanathan ceased to be Director on 15 Jan 2019. Sudhir Singhi ceased to be Director on 15 Jan 2019. Ramamoorthy K ceased to be Director on 30 Jun 2017.
Avanti Electric can be reached at its registered office: Temple Steps 3rd Floor Block No. A Unit – B 184 – 187 Anna Salai Little Mount, Chennai, Tamil Nadu, India – 600015.
Avanti Electric is registered under the jurisdiction of the Registrar of Companies (ROC), Chennai.
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