MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-19-0072565
Avdel (India) Private Limited - engineering in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹51.14 Cr
▼ 56.52% YoY
Net profit · FY 2025
₹1.09 Cr
Net margin 2.1%
EBITDA · FY 2025
₹3.59 Cr
EBITDA margin 7%
Authorised capital
₹3 Cr
Registered with MCA
Paid-up capital
₹1.72 Cr
Issued & subscribed
Open charges
₹21 Cr
Satisfied ₹10.22 Cr
Company age
65 yrs
Est. 1961
Employees · EPFO
30
Provident fund records
About Avdel (India) Private Limited
Data last updated:
Avdel (India) Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the engineering components retail and distribution segment of the engineering sector. It was incorporated on 29 March 1961 and has been in existence for over 65 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U28990MH1961PTC011971. Its GSTIN is 27AABCA3977E1ZP (Maharashtra). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹3 Cr and a paid-up capital of ₹1.72 Cr. It is led by directors including Sameer Gobind Bulchandani and Lachhman Fatechand Kewalramani.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 6th Floor Raman House 169 Backbay Reclamation, Mumbai, Maharashtra, India – 400020.
As per the financials filed for FY 2025, the company reported a revenue of ₹51.14 Cr. For the same year it recorded a net profit of ₹1.09 Cr (net margin 2.1%) and EBITDA of ₹3.59 Cr (EBITDA margin 7%). Revenue has grown at a compounded annual rate (CAGR) of 4% over three years and 30% over five years.
The company has about 30 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Avdel. As per MCA filings, the company has open charges of ₹21 Cr and satisfied charges of ₹10.22 Cr on record. Court records list 8 cases involving the company, including 8 filed by the company; 2 cases are pending.
Avdel (India) Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0072565). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website avdel.com.
Company details
CIN U28990MH1961PTC011971
Registration Number 011971
Incorporation Date 29 March 1961
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-MH-19-0072565
Key People
Sameer Gobind Bulchandani Director Lachhman Fatechand Kewalramani Director Divya Sameer Bulchandani Director Recognitions & Rankings of Avdel (India)
Contact details
Avdel (India) Private Limited's registered office is in Mumbai, Maharashtra. Its website is avdel.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address6th Floor Raman House 169 Backbay Reclamation, Mumbai, Maharashtra, India – 400020
- IndustryEngineering, Engineering Components Retail & Distribution
To see the full contact details of Avdel (India) Private Limited, buy the company report.
Comprehensive company report
Avdel (India) Private Limited - one report that includes everything
- 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
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Business activity
The main business activity of Avdel (India) is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Avdel (India) Private Limited, buy the company report.
Financials of Avdel (India) Private Limited
FY 2024 filings availableAvdel (India) Private Limited reported revenue of ₹51.14 Cr for FY 2025.
Revenue · FY 2025
₹51.14 Cr
Net profit · FY 2025
₹1.09 Cr margin 2.1%
EBITDA · FY 2025
₹3.59 Cr margin 7%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
3 years · compounded
▲ 4%
5 years · compounded
▲ 30%
EBITDA CAGR growth
1 year
▼ 47%
3 years · compounded
▼ 11%
5 years · compounded
▲ 31%
Revenue has grown at a compounded annual rate (CAGR) of 30% over five years. EBITDA fell 47% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 | ₹3.59 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.09 Cr | ||||
| 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 7% | ||||
| Net Profit Margin | 2.1% | ||||
| 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 | |||||
To see the full financial statements and ratios of Avdel (India) Private Limited, buy the company report.
Board of directors of Avdel (India) Private Limited
Avdel (India) has 4 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sameer Gobind Bulchandani Also directs: Divaanta Realty (India) LLP, Fly Avcare Aviation (India) LLP, Ramon Publications Private Limited and 2 more | Director | 27 Apr 1992 | 34 Years 6 Months | Current |
| Lachhman Fatechand Kewalramani | Director | 30 Oct 1992 | 34 Years 0 Months | Current |
| Divya Sameer Bulchandani Also directs: Divaanta Realty (India) LLP, Fly Avcare Aviation (India) LLP, Ramon Publications Private Limited and 1 more | Director | 30 Nov 2021 | 4 Years 11 Months | Current |
| Tara Sameer Bulchandani Also directs: Divaanta Realty (India) LLP, Fly Avcare Aviation (India) LLP, Ramon Publications Private Limited and 1 more | Director | 30 Nov 2021 | 4 Years 11 Months | Current |
Peer comparison
Avdel (India) Private Limited is compared with the 3 companies closest to it by revenue in the Aviation industry (Cold Storage and Warehousing, Components Retail and Distribution, Maintenance, Repair and Overhaul), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Multiplex Vyapaar Private Limited | ₹52.17 Cr (FY 2025) | 7.0% | Kolkata, West Bengal, India | |||
| Clif Tools Private Limited | ₹51.44 Cr (FY 2025) | -9.0% | Mumbai, Maharashtra, India | |||
| Avdel (India) Private Limitedthis company | ₹51.14 Cr (FY 2025) | ₹1.09 Cr | 2.1% | 30 | Mumbai, Maharashtra, India | |
| Sunshine Vegetables Private Limited | ₹49.93 Cr (FY 2025) | 16.0% | New Delhi, Delhi, India |
To see the full peer comparison of Avdel (India) Private Limited, buy the company report.
Auditor
Avdel (India) Private Limited is audited by DESAI SAKSENA & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| DESAI SAKSENA & ASSOCIATES | FY 2023 | 102358W |
Shareholding
The shareholding of Avdel (India) Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Avdel (India) Private Limited, buy the company report.
Charges & borrowings
Open charges
₹21 Cr
Satisfied charges
₹10.22 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 07 Jun 2024 | 100968824 | Others | ₹15 Cr | Open | |
| 31 Jul 2012 | 10368666 | Hdfc Bank Limited | ₹6 Cr | Open | |
| 20 Feb 2008 | 10092011 | Citi Bank N.A. | ₹6.2 Cr | Satisfied | |
| 04 Feb 2008 | 10092009 | Citi Bank N.A. | ₹1.25 Cr | Satisfied | |
| 18 Jul 2007 | 10060669 | Citibank N. A. | ₹2 Cr | Satisfied |
To see the full charge records of Avdel (India) Private Limited, buy the company report.
Total charge records: 11 View all charges
Legal cases
Avdel (India) Private Limited has 8 court cases on record: 8 filed by Avdel (India). 2 cases are pending and 6 are disposed.
Total cases
8
Filed by the company
8
Pending
2
Disposed
6
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 7 | 0 | 2 |
| Supreme Court | 1 | 0 | 0 |
Cases on record (5 of 8)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Court case (STR) | Filed by the company against The State of Maharashtra | Pending |
| Bombay High Court | Court case (STR) | Filed by the company against The State of Maharshtra | Pending |
| Bombay High Court | Court case (STA) | Filed by the company against The State of Maharashtra and Anr. | Disposed |
| Bombay High Court | Court case (CSD) | Filed by the company | Disposed |
| Bombay High Court | Court case (CSP) | Filed by the company | Disposed |
To see the full case history of Avdel (India) Private Limited, buy the company report.
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.
MSME payment delays
Avdel (India) Private Limited has 3 MSME Form 1 returns on record for the period ending Sep 2022, listing 12 overdue payments to 9 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 9)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Patkar and Sons Shipping Agencies Private Limited | |||
| an individual supplier | |||
| an individual supplier | |||
| TNT India Private Limited | |||
| an individual supplier |
To see the full MSME payment records of Avdel (India) Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Avdel (India) Private Limited has a workforce of 30 employees on its EPFO records as of Apr 05, 2024, across 1 active EPFO establishment.
Employee count
30
Active EPFO establishments
1
Employee growth
11.11%
GST
Avdel (India) has 2 GST registrations: 1 active and 1 cancelled or inactive.
Total GSTINs
2
Active
1
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCA3977E1ZP | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Avdel (India) Private Limited, buy the company report.
Recent activity
Avdel (India) Private Limited has 7 board changes on record since 1992: 4 appointments and 3 cessations. The latest: Divya Sameer Bulchandani was appointed as Director on 30 Nov 2021.
Charges
A charge with Hdfc Bank Limited of Rs. 6.00 Cr registered on 31 Jul 2012 with Charge ID 10368666 was modified on 18 Sep 2025.
Charges
A charge with Others of Rs. 15.00 Cr registered on 07 Jun 2024 with Charge ID 100968824 was modified on 23 Apr 2025.
AGM
Avdel (India) Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Charges
A charge with Others amounted to Rs. 15.00 Cr with Charge ID 100968824 was registered on 07 Jun 2024.
Filing
Avdel (India) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
Appointed
Divya Sameer Bulchandani was appointed as Director.
Appointed
Tara Sameer Bulchandani was appointed as Director.
Ceased
Gobind Gaganmal Bulchandani ceased to be Director.
Ceased
Rohan Gobind Bulchandani ceased to be Director.
Charges
A charge registered on 06 Feb 1981 via Charge ID 90187198 with State Bank Of India was fully satisfied on 27 Apr 2017.
Ceased
Sameer Gobind Bulchandani ceased to be Managing Director.
Charges
A charge registered on 20 Feb 2008 via Charge ID 10092011 with Citi Bank N.A. was fully satisfied on 19 Nov 2015.
27 earlier events are in the company report.
Frequently asked questions
Avdel (India) is an active private limited company based in Mumbai, Maharashtra, India. The company works in engineering components retail and distribution, within the engineering industry. It was incorporated on 29 March 1961 (65+ years old) and is registered under CIN U28990MH1961PTC011971.
Avdel (India) has 4 current directors:
- Sameer Gobind Bulchandani - Director
- Lachhman Fatechand Kewalramani - Director
- Divya Sameer Bulchandani - Director
- Tara Sameer Bulchandani - Director
The latest financial statements of Avdel (India) on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Avdel (India) is 27AABCA3977E1ZP, registered in Maharashtra. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Avdel (India) is U28990MH1961PTC011971. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Avdel (India) has 8 court cases on record: 8 filed by the company. 2 are pending. Most are in the high courts.
Avdel (India) was incorporated on 29 March 1961, making it 65+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Avdel (India) by revenue are Multiplex Vyapaar Private Limited, Clif Tools Private Limited, Sunshine Vegetables Private Limited, all in the Aviation industry (Cold Storage and Warehousing, Components Retail and Distribution, Maintenance, Repair and Overhaul), with the same principal business activity (wholesale trading).
Divya Sameer Bulchandani was appointed as Director on 30 Nov 2021. Tara Sameer Bulchandani was appointed as Director on 30 Nov 2021. Gobind Gaganmal Bulchandani ceased to be Director on 30 Jul 2021. Avdel (India) has 7 board changes on record in total.
Yes, Avdel (India) is registered as a small enterprise under Udyam registration (number: UDYAM-MH-19-0072565).
Avdel (India) has 3 MSME Form 1 returns on record for the period ending Sep 2022, listing 12 overdue payments to 9 micro and small suppliers. The latest return was filed on 13 Sep 2023.
Avdel (India) can be reached through the website avdel.com. Its registered office is in Mumbai, Maharashtra, India.
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