About Avantika Elcon Private Limited
Data last updated:
Avantika Elcon Private Limited is a private limited company based in East, Delhi, India. It operates in the auto parts and components segment of the automotive sector. It was incorporated on 16 April 1996 and has been in existence for over 30 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U31102DL1996PTC078186. Its GSTIN is 09AAACA7775P1ZX (Uttar Pradesh). The company holds 3 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹5.25 Cr and a paid-up capital of ₹3.42 Cr. It is led by directors including Shikha Garg and Anshu Agarwal.
Its last annual general meeting (AGM) was held on 31 December 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 2nd Floor D 14, Preet Vihar, East, Delhi, India – 110092.
As per the financials filed for FY 2024, the company reported a revenue of ₹72,011, a decline of 89% compared to the previous year. For the same year it recorded a net loss of ₹84.62 Lakh and EBITDA of -₹84.33 Lakh. Revenue has declined at a compounded annual rate (CAGR) of 84% over three years and 70% over five years.
The company has about 14 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹8.65 Cr and satisfied charges of ₹14.2 Cr on record. Court records list 13 cases involving the company, including 9 filed by the company and 4 filed against it; 3 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website aelcon.net.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered Address2nd Floor D 14, Preet Vihar, East, Delhi, India – 110092
- IndustryAutomotive, Auto Parts & Components
- 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
- One PDF report, delivered after checkout
Business Activity of Avantika Elcon Private Limited
The main business activity of Avantika Elcon is manufacturing. In detail, this covers motor vehicles, trailers, semi trailers and other transport vehicles.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C11 | Motor vehicles, trailers, semi trailers and other Transport Vehicles | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Avantika Elcon Private Limited FY 2024 filings available
Avantika Elcon Private Limited reported revenue of ₹72,011 (down 89% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Avantika Elcon Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 70% over five years, including a 89% fall 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 of Avantika Elcon Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | -₹84.33 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹84.62 Lakh | •••• | •••• | •••• | •••• |
| 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 of Avantika Elcon Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | •••• | •••• | •••• | •••• | •••• |
| Net Profit Margin | •••• | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Avantika Elcon are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Avantika Elcon Private Limited
Avantika Elcon Private Limited is compared with the companies closest to it by revenue in the Automobiles industry (Auto Ancillary, Industrial Products Manufacturers). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Machanas Private Limited | •••• | •••• | •••• | •••• | - | Bangalore South, Karnataka, India |
| Kendrion (Pune) Private Limited | •••• | •••• | •••• | •••• | - | Pune, Maharashtra, India |
| Jaishri Engineering Private Limited | •••• | •••• | •••• | •••• | - | Mumbai, Maharashtra, India |
| Pronto Stearings Ltd | •••• | •••• | •••• | •••• | - | Himachal Paradesh, Himachal Pradesh, India |
| Epcoat Surface Finishing Technologies Private Limited | •••• | •••• | •••• | •••• | - | Mumbai, Maharashtra, India |
| Avantika Elcon Private Limited this company | •••• | •••• | •••• | •••• | - | East Delhi, Delhi, India |
| Quality Plus Services Private Limited | •••• | •••• | •••• | •••• | - | New Delhi, Delhi, India |
| Automotos Tankleen System Private Limited | •••• | •••• | •••• | •••• | - | Mumbai, Maharashtra, India |
| Sahu Cylinders and Udyog Private Limited | •••• | •••• | •••• | •••• | - | Chennai, Tamil Nadu, India |
| Shinko Toyo Machines Private Limited | •••• | •••• | •••• | •••• | - | Chennai, Tamil Nadu, India |
| Niky Tasha Private Limited | •••• | •••• | •••• | •••• | - | Ballabgarh, Haryana, India |
Peers are the five companies nearest above and the five nearest below Avantika Elcon by revenue in the Automobiles industry (Auto Ancillary, Industrial Products Manufacturers), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.
Auditor Details of Avantika Elcon Private Limited
Avantika Elcon Private Limited is audited by VIPUL SHARMA & COMPANY for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| VIPUL SHARMA & COMPANY | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Avantika Elcon Private Limited
Avantika Elcon has 3 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shikha Garg Also directs: Magnificent Autohub Private Limited, Ansh Multicom LLP, Hindustan Texpro Private Limited and 1 more | Director | 22 Dec 2020 | 5 Years 9 Months | Current |
| Anshu Agarwal | Director | 01 Feb 2013 | 13 Years 8 Months | Current |
| Naman Goyal | Additional Director | 07 Apr 2025 | 1 Years 6 Months | Current |
Ownership and Shareholding of Avantika Elcon Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Avantika Elcon Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 29 Jul 2025 | Others | ₹4.25 Cr | Open |
| 17 Jun 2025 | Others | ₹3 Cr | Open |
| 28 Mar 2025 | Others | ₹1.4 Cr | Open |
| 28 Dec 2021 | Others | ₹7 Cr | Satisfied |
| 04 Jun 2021 | Others | ₹50 Lakh | Satisfied |
Total charge records: 15 View all charges
Legal Cases of Avantika Elcon Private Limited
Avantika Elcon Private Limited has 13 court cases on record: 9 filed by Avantika Elcon, 4 filed against it. 3 cases are pending and 10 are disposed. Status as checked between 21 Sep 2026 and 05 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 7 | 3 | 1 |
| High courts | 5 | 1 | 2 |
| Supreme Court | 1 | 0 | 0 |
Cases on record (5 of 13)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Delhi | Court case (RFA(COMM)) | Filed against the company by C.P. World Lines Private Limited | Pending |
| District court, South, Delhi | Commercial suit | Filed against the company by C.P. World Lines Private Limited | Disposed |
| District court, North East, Delhi | Court case (Civ Suit) | Filed by the company against S S G Electronics Private Limited | Disposed |
| District court, North East, Delhi | Court case (RCA DJ) | Filed by the company against S S G Electronics Private Limited | Disposed |
| High Court of Karnataka | Court case (COP) | Filed by the company against Namtech Electronic Devices Limited | Disposed |
Full case history
All 13 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Employees and EPFO Compliance at Avantika Elcon Private Limited
Avantika Elcon Private Limited has a workforce of 14 employees as of Apr 06, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Avantika Elcon Private Limited
Avantika Elcon Private Limited has 12 board changes on record since 2013: 3 appointments and 9 cessations. The latest: Naman Goyal was appointed as Additional Director on 07 Apr 2025.
34 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Avantika Elcon Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Avantika Elcon Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Avantika Elcon Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Avantika Elcon Private Limited
Avantika Elcon has 3 GST registrations: 1 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 09AAACA7775P1ZX | Uttar Pradesh | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Avantika Elcon Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Avantika Elcon Private Limited
Avantika Elcon is an active private limited company based in East, Delhi, India. The company works in auto parts and components, within the automotive industry. It was incorporated on 16 April 1996 (30+ years old) and is registered under CIN U31102DL1996PTC078186.
Avantika Elcon reported revenue of ₹72,011 for FY 2024 (down 89% YoY).
Avantika Elcon has 3 current directors:
- Shikha Garg - Director
- Anshu Agarwal - Director
- Naman Goyal - Additional Director
Avantika Elcon reported a net loss of ₹84.62 Lakh and EBITDA of -₹84.33 Lakh for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Avantika Elcon is -84% over three years and -70% over five years. In the latest year (FY 2024) revenue fell 89%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Avantika Elcon is 09AAACA7775P1ZX, registered in Uttar Pradesh. The company has 3 GST registrations in all, of which 1 is active and 2 are cancelled or inactive.
The CIN (Corporate Identification Number) of Avantika Elcon is U31102DL1996PTC078186. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Avantika Elcon has 13 court cases on record: 9 filed by the company and 4 filed against it. 3 are pending. Most are in the district courts.
Avantika Elcon was incorporated on 16 April 1996, making it 30+ years old. It is registered with the Registrar of Companies, Delhi.
The peers of Avantika Elcon by revenue are Machanas Private Limited, Kendrion (Pune) Private Limited, Jaishri Engineering Private Limited, Pronto Stearings Ltd, Epcoat Surface Finishing Technologies Private Limited and 5 more, all in the Automobiles industry (Auto Ancillary, Industrial Products Manufacturers).
Naman Goyal was appointed as Additional Director on 07 Apr 2025. Naman Goyal ceased to be Additional Director on 25 Mar 2025. Vinod Agarwal ceased to be Director on 29 Jul 2024. Avantika Elcon has 12 board changes on record in total.