About Avantika Motors Private Limited
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Avantika Motors Private Limited is a private limited company based in Varanasi, Uttar Pradesh, India. It operates in the automobile dealership and trading segment of the automotive sector. It was incorporated on 22 February 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Uttar Pradesh, under CIN U74120UP2011PTC043676. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹1.9 Cr. It is led by directors including Anuj Shukla and Yashasvi Shukla.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at B – 12/8 Gauriganj Bhelupur, Varanasi, Uttar Pradesh, India – 221010.
As per the financials filed for FY 2022, the company reported a revenue of ₹91.01 Lakh, a decline of 17% compared to the previous year. For the same year it recorded a net profit of ₹6.28 Lakh (net margin 6.9%) and EBITDA of ₹55.59 Lakh (EBITDA margin 61.1%). Revenue has declined at a compounded annual rate (CAGR) of 25% over three years and 33% over five years.
As per MCA filings, the company has open charges of ₹9.9 Cr and satisfied charges of ₹13.19 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website avantikapharma.co.in.
Company details
Contact details
Avantika Motors Private Limited's registered office is in Varanasi, Uttar Pradesh. Its website is avantikapharma.co.in. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressB – 12/8 Gauriganj Bhelupur, Varanasi, Uttar Pradesh, India – 221010
- IndustryAutomotive, Auto Dealership & Trading
To see the full contact details of Avantika Motors 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 Avantika Motors is trade. In detail, this covers retail trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading |
Financials of Avantika Motors Private Limited
FY 2022 filings availableAvantika Motors Private Limited reported revenue of ₹91.01 Lakh (down 17% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 33% over five years, including a 17% fall in the latest year. EBITDA fell 15% 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹91.01 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹55.59 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹6.28 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
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Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 61.1% | ||||
| Net Profit Margin | 6.9% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Receivable Days | |||||
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| Net Profit Growth | |||||
To see the full financial statements and ratios of Avantika Motors Private Limited, buy the company report.
Board of directors of Avantika Motors Private Limited
Avantika Motors has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Anuj Shukla Also directs: Avantika Pharma (Distributors) Private Limited | Director | 22 Feb 2011 | 15 Years 8 Months | Current |
| Yashasvi Shukla | Director | 11 Jun 2021 | 5 Years 5 Months | Current |
| Neeraj Shukla Also directs: Avantika Pharma (Distributors) Private Limited | Director | 22 Feb 2011 | 15 Years 8 Months | Current |
Auditor
Avantika Motors Private Limited is audited by M NIGAM & CO for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M NIGAM & CO | FY 2022 | 006044C |
Shareholding
The shareholding of Avantika Motors Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Avantika Motors Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 04 Feb 2020 | 100338172 | Uco Bank | ₹4.9 Cr | Open | |
| 27 Sep 2014 | 10563206 | State Bank of India | ₹5 Cr | Open | |
| 17 Oct 2015 | 10600279 | Uco Bank | ₹2.5 Cr | Satisfied | |
| 18 Feb 2015 | 10555087 | Uco Bank | ₹4 Cr | Satisfied | |
| 27 Oct 2012 | 10392874 | Kotak Mahindra Prime Limited | ₹1.25 Cr | Satisfied |
To see the full charge records of Avantika Motors Private Limited, buy the company report.
Total charge records: 7 View all charges
Legal cases
No court or tribunal cases involving Avantika Motors 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 Avantika Motors Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Avantika Motors has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Avantika Motors Private Limited, buy the company report.
Recent activity
Avantika Motors Private Limited has 5 board changes on record since 2011: 3 appointments and 2 cessations. The latest: Yashasvi Shukla was appointed as Director on 11 Jun 2021.
9 earlier events are in the company report.
Frequently asked questions
Avantika Motors is an active private limited company based in Varanasi, Uttar Pradesh, India. The company works in auto dealership and trading, within the automotive industry. It was incorporated on 22 February 2011 (15+ years old) and is registered under CIN U74120UP2011PTC043676.
Avantika Motors has 3 current directors:
- Anuj Shukla - Director
- Yashasvi Shukla - Director
- Neeraj Shukla - Director
The latest financial statements of Avantika Motors on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from 2015 are in the company report.
No. Avantika Motors has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Avantika Motors is U74120UP2011PTC043676. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Avantika Motors was incorporated on 22 February 2011, making it 15+ years old. It is registered with the Registrar of Companies, Uttar Pradesh.
Yashasvi Shukla was appointed as Director on 11 Jun 2021. Pankaj Shukla ceased to be Director on 22 May 2021. Prem Narayan Shukla ceased to be Director on 01 Jan 2015. Avantika Motors has 5 board changes on record in total.
Avantika Motors can be reached through the website avantikapharma.co.in. Its registered office is in Varanasi, Uttar Pradesh, India.
The registered office of Avantika Motors is at B – 128 Gauriganj Bhelupur, Varanasi, Uttar Pradesh, India – 221010.
Avantika Motors operates in the automotive industry, in the auto dealership and trading segment.
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