Avarametal Resources Processing (India) Private Limited
About Avarametal Resources Processing (India) Private Limited
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Avarametal Resources Processing (India) Private Limited was a foreign private limited company based in Bangalore, Karnataka, India, operated as a subsidiary of Avant Resources (Singapore) Pte Ltd. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the metals retail and distribution segment of the metals and mining sector. It was incorporated on 07 June 2011.
The company was registered with the Registrar of Companies (ROC), Bangalore, under CIN U51909KA2011FTC059022.
The company had an authorised share capital of ₹1 Cr and a paid-up capital of ₹1 Cr. It was led by directors Sanjay Shyam Wadhwa and Sandeep Ram Wadhwa.
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 was at #58 2nd Floor Railway Parallel Road Kumara Park West, Bangalore, Karnataka, India – 560020.
As per the financials filed for FY 2022, the company reported a revenue of ₹76,022, a growth of 6% compared to the previous year. For the same year it recorded a net profit of ₹51,773 (net margin 68.1%) and EBITDA of ₹52,422 (EBITDA margin 69%). Revenue has grown at a compounded annual rate (CAGR) of 5% over three years and 3% over five years.
Company details
Contact details
Avarametal Resources Processing (India) Private Limited's registered office is in Bangalore, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address#58 2nd Floor Railway Parallel Road Kumara Park West, Bangalore, Karnataka, India – 560020
- IndustryMetals and Minerals, Metal Retail & Distribution
To see the full contact details of Avarametal Resources Processing (India) 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
Financials of Avarametal Resources Processing (India) Private Limited
FY 2022 filings availableAvarametal Resources Processing (India) Private Limited reported revenue of ₹76,022 (up 6% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 3% over five years, including 6% growth in the latest year. EBITDA rose 9% 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
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| EBITDA | ₹52,422 | ||||
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| Net Profit (PAT) | ₹51,773 | ||||
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Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
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| EBITDA Margin | 69% | ||||
| Net Profit Margin | 68.1% | ||||
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To see the full financial statements and ratios of Avarametal Resources Processing (India) Private Limited, buy the company report.
Board of directors of Avarametal Resources Processing (India) Private Limited
Avarametal Resources Processing (India) has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sanjay Shyam Wadhwa Also directs: DSW Ventures LLP, Abhishek IT Solutions LLP, Nash Industries (I) Private Limited and 4 more | Director | 07 Jun 2011 | 15 Years 4 Months | As last reported |
| Sandeep Ram Wadhwa Also directs: Abhishek IT Solutions LLP, Nash Industries (I) Private Limited, Nash Energy (I) Private Limited and 1 more | Director | 07 Jun 2011 | 15 Years 4 Months | As last reported |
Peer comparison
Avarametal Resources Processing (India) Private Limited is compared with the 10 companies closest to it by revenue in the Metals and Minerals industry (Metal Retail and Distribution), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Raipur Loha Private Limited | ₹78,670 (FY 2025) | -88.0% | Raipur, Chhattisgarh, India | |||
| Kaybee Alloys Private Limited | ₹78,000 (FY 2025) | Kolkata, West Bengal, India | ||||
| Stainless Works Private Limited | ₹77,775 (FY 2023) | 88.0% | Mumbai, Maharashtra, India | |||
| Chandansagar Sales Private Limited | ₹77,363 (FY 2022) | -100.0% | Mumbai, Maharashtra, India | |||
| Nezone Ispat Marketing Private Limited | ₹76,362 (FY 2025) | Assam, India | ||||
| Avarametal Resources Processing (India) Private Limitedthis company | ₹76,022 (FY 2022) | ₹51,773 | 68.1% | 6.0% | Bangalore, Karnataka, India | |
| Madanlal Sales Private Limited | ₹75,261 (FY 2025) | 25.0% | Egmore Nungambakkm, Tamil Nadu, India | |||
| Utzsho Distributors Private Limited | ₹75,000 (FY 2025) | 0.0% | Kolkata, West Bengal, India | |||
| Executive Trading Company Private Limited | ₹75,000 (FY 2025) | 14.0% | Mumbai, Maharashtra, India | |||
| Vaneeta Impex Private Limited | ₹73,320 (FY 2025) | 41.0% | Delhi, India | |||
| Citi Steel Pvt Ltd | ₹72,950 (FY 2025) | 1.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Avarametal Resources Processing (India) Private Limited, buy the company report.
Auditor
Avarametal Resources Processing (India) Private Limited is audited by MRNM & CO for the financial year 2016.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MRNM & CO | FY 2016 | 013072S |
Shareholding
The shareholding of Avarametal Resources Processing (India) Private Limited is on record for 2 financial years, the latest being FY 2016, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2016 | FY 2015 |
|---|---|---|
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| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
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| Others |
To see the full shareholding pattern of Avarametal Resources Processing (India) Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Avarametal Resources Processing (India) 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 Avarametal Resources Processing (India) 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 Avarametal Resources Processing (India) Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Avarametal Resources Processing (India) Private Limited has 4 board changes on record since 2011: 2 appointments and 2 cessations. The latest: Ho Eng Khim ceased to be Director on 23 Mar 2023.
Frequently asked questions
Avarametal Resources Processing (India) has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Avarametal Resources Processing (India) was a foreign private limited company based in Bangalore, Karnataka, India. The company worked in metal retail and distribution, within the metals and minerals industry. It was incorporated on 07 June 2011 and is registered under CIN U51909KA2011FTC059022. The company has been struck off by the Registrar of Companies and is no longer operational.
Avarametal Resources Processing (India) had 2 directors:
- Sanjay Shyam Wadhwa - Director
- Sandeep Ram Wadhwa - Director
The CIN (Corporate Identification Number) of Avarametal Resources Processing (India) is U51909KA2011FTC059022. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Avarametal Resources Processing (India) is at #58 2nd Floor Railway Parallel Road Kumara Park West, Bangalore, Karnataka, India – 560020.
Avarametal Resources Processing (India) was incorporated on 07 June 2011. It is registered with the Registrar of Companies, Bangalore.
The latest financial statements of Avarametal Resources Processing (India) 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.
Avarametal Resources Processing (India) operated in the metals and minerals industry, in the metal retail and distribution segment. It worked in this industry before it was struck off.
The peers of Avarametal Resources Processing (India) by revenue are Raipur Loha Private Limited, Kaybee Alloys Private Limited, Stainless Works Private Limited, Chandansagar Sales Private Limited, Nezone Ispat Marketing Private Limited and 5 more, all in the Metals and Minerals industry (Metal Retail and Distribution).
Ho Eng Khim ceased to be Director on 23 Mar 2023. Yeo Hock Chuan ceased to be Director on 23 Mar 2023. Sandeep Ram Wadhwa was appointed as Director on 07 Jun 2011. Avarametal Resources Processing (India) has 4 board changes on record in total.
The compliance status of Avarametal Resources Processing (India) is active non-compliant as of 13 September 2026.