Avanti Leathers Limited - Company Profile

It is a manufacturing public limited company based in Andhra Pradesh, Andhra Pradesh, India, established in 1976.
1976 Andhra Pradesh, Andhra Pradesh, India Active
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About Avanti Leathers Limited

Avanti Leathers Limited, a active public limited company, was established on 17 March 1976 in Andhra Pradesh, Andhra Pradesh, India. Engaging in leather goods within the manufacturing sector, it holds CIN: U18209AP1976PLC002007. Registered under ROC Roc Vijayawada. it is unlisted. It has an authorized capital of ₹15.00 Cr and a paid-up capital of ₹11.95 Cr.

It upholds a compliant status. Employing 166 professional, Its leadership includes Dhanekula Nanda Kishore (Director), Vasudevarao Dhanekula (Managing Director), Ashok Kumar Aluri (Director). Past directors included Katragadda Seshagiri Rao, Opender Kumar Kaul, Pradip Bothra Kumar. It holds ₹23.86 Cr open charges and ₹61.01 Cr settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at Avanti, Kambakkam Village,Varadayapalem Andhra Pradesh, Andhra Pradesh, Andhra Pradesh, 517541.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
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  • Apps
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Company Details

  • CIN/LLPIN

    U18209AP1976PLC002007

  • Registration Number

    002007

  • Incorporation Date

    17 March 1976

  • Authorized Capital

    ₹15.00 Cr

  • Paid-Up Capital

    ₹11.95 Cr

  • ROC Code

    Roc Vijayawada

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 15.00 Cr
  • Paid Up Capital ₹ 11.95 Cr
  • Company Age 50 Year, 11 Days
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 23.86 Cr
  • Satisfied Charges ₹ 61.01 Cr
  • Revenue Growth **** 56.37%
  • Profit Growth **** 12.57%
  • Ebitda **** -151.19%
  • Net Worth 46.76%
  • Total Assets **** 33.21%
Company report

Avanti Leathers Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Avanti Leathers Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Avanti Leathers Limited?
Current Directors
Name Designation Appointment Date Status
Dhanekula Nanda Kishore Director 12 Feb 2021 Current
Vasudevarao Dhanekula Managing Director 23 Sep 2017 Current
Ashok Kumar Aluri Director 04 Apr 2020 Current
Sreenivasa Reddy Maddala Director 06 Dec 2017 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 01 Oct 2011 Past
Pramod Abcsdd Additional Director 30 Nov 2021 Past
Pramod Abcsdd Director 09 Jul 2008 Past
Pramod Abcsdd Additional Director 30 Nov 2021 Past
Pramod Abcsdd Cfo(Kmp) - Past
Pramod Abcsdd Company Secretary - Past

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Financial Performance of Avanti Leathers.

Avanti Leathers Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 56.37% increase. The company also saw a substantial improvement in profitability, with a 12.57% increase in profit. The company's net worth Soared by an impressive increase of 46.76%.

Avanti Leathers revenue growth over time
Avanti Leathers profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
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 56.37%
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Revenue from Operations
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 56.30%
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Total Assets
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 33.21%
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Profit or Loss
*******
 12.57%
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Net Worth
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 46.76%
*******
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EBITDA
*******
 -151.19%
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*******
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What is the Ownership and Shareholding Structure of Avanti Leathers?

In 2023, Avanti Leathers had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

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Charges (Loans)
Open Charges

₹238,627,000.00

Satisfied Charges

₹610,095,000.00

Charges Breakdown by Lending Institutions
  • Others : 23.86 Cr
Latest Charge Details
Date Lender Amount Status
09 Mar 2023 Others ₹0.40 M Open
24 Sep 2021 Others ₹23.82 Cr Open
27 Jun 2019 State Bank Of India ₹11.00 Cr Satisfied
15 Dec 2017 Others ₹17.00 Cr Satisfied
08 Jul 2017 Others ₹6.35 Cr Satisfied

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How Many Employees Work at Avanti Leathers?

Avanti Leathers has a workforce of 166 employees as of Mar 29, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Avanti Leathers, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Avanti Leathers's trajectory.

Rating
Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts
Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on Avanti Leathers
Recent Activity within the Organization
  • Annual General Meeting

    Avanti Leathers Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was recorded as a recent event.

  • Balance Sheet

    Progress on Avanti Leathers Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Vijayawada. was documented.

  • Charges

    The activity A charge with Others amounted to Rs. 0.04 Cr with Charge ID 100706697 was registered on 09 Mar 2023. was completed.

  • Director Appointment

    The activity Neetu Sharma was appointed as a Company Secretary was appointed as a Company Secretary on 01 Aug 2022 & has been associated with this company since 3 years 7 months . was completed.

  • Charges

    The activity A charge with Others of Rs. 23.82 Cr registered on 24 Sep 2021 with Charge ID 100490591 was modified on 06 Jul 2022. was completed.

  • Director Appointment

    Dhanekula Nanda Kishore was appointed as a CFO was appointed as a CFO on 05 Jan 2022 & has been associated with this company since 4 years 2 months . was recorded as a recent event.

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Frequently Asked Questions
What is the CIN of Avanti Leathers Limited?

The CIN of Avanti Leathers Limited is U18209AP1976PLC002007.

Where is Avanti Leathers Limited headquartered?

Avanti Leathers Limited is headquartered at Avanti, Kambakkam Village,Varadayapalem Andhra Pradesh, Andhra Pradesh, Andhra Pradesh, 517541.

When was Avanti Leathers Limited incorporated?

Avanti Leathers Limited was incorporated on 17 March 1976.

Who are the current directors of Avanti Leathers Limited?

The current directors of Avanti Leathers Limited are

What is the primary industry of Avanti Leathers Limited?

The primary industry of Avanti Leathers Limited is Manufacturing.

Is Avanti Leathers Limited a listed company?

Avanti Leathers Limited is unlisted.

What is the capital structure of Avanti Leathers Limited?

The authorized capital of Avanti Leathers Limited is ₹15.00 Cr, and the paid-up capital is ₹11.95 Cr.

What is the compliance status of Avanti Leathers Limited?

The compliance status of Avanti Leathers Limited is Compliant.

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