MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2023-24)
- Udyam number
- UDYAM-TS-02-0059549
Aveng Automine Private Limited
Aveng Automine Private Limited - automotive in Hyderabad, Telangana, India. FY 2026 financials & compliance.
Revenue · FY 2023
₹1.54 Cr
▼ 67% YoY
Net loss · FY 2023
₹1.79 Cr
Net margin -116.5%
EBITDA · FY 2023
-₹1.32 Cr
EBITDA margin -86.2%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹10 Lakh
Issued & subscribed
Open charges
₹14.08 Lakh
Secured borrowings
Company age
8 yrs
Est. 2018
Directors on board
3
As per MCA filings
About Aveng Automine Private Limited
Data last updated:
Aveng Automine Private Limited is a private limited company based in Hyderabad, Telangana, India. It operates in the automobile dealership and trading segment of the automotive sector. It was incorporated on 21 March 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U29309TG2018PTC123202. Its GSTIN is 36AAQCA6815J1Z9 (Telangana).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors including Thummalapally Avinash and Ashish Tummlapalli.
Its last annual general meeting (AGM) was held on 23 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at 5 – 9 – 19 6th Floor Laxmi Narasinh Estate Secretariat Road Saifabad, Hyderabad, Telangana, India – 500004.
As per the financials filed for FY 2023, the company reported a revenue of ₹1.54 Cr, a decline of 67% compared to the previous year. For the same year it recorded a net loss of ₹1.79 Cr (net margin -116.5%) and EBITDA of -₹1.32 Cr (EBITDA margin -86.2%). Revenue has declined at a compounded annual rate (CAGR) of 35% over three years.
As per MCA filings, the company has open charges of ₹14.08 Lakh on record. Court records list 11 cases involving the company, including 2 filed by the company and 9 filed against it; 7 cases are pending.
Aveng Automine Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-TS-02-0059549).
Company details
CIN U29309TG2018PTC123202
Registration Number 123202
Incorporation Date 21 March 2018
ROC Hyderabad
Listing Status Unlisted
Company Status Active
MSME Classification Micro
Udyam Registration UDYAM-TS-02-0059549
Key People
Thummalapally Avinash Director Ashish Tummlapalli Director Venu Madhav Bellamkonda Director Recognitions & Rankings of Aveng Automine
Contact details
Aveng Automine Private Limited's registered office is in Hyderabad, Telangana. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address5 – 9 – 19 6th Floor Laxmi Narasinh Estate Secretariat Road Saifabad, Hyderabad, Telangana, India – 500004
- IndustryAutomotive, Auto Dealership & Trading
To see the full contact details of Aveng Automine Private Limited, buy the company report.
Comprehensive company report
Aveng Automine 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 Aveng Automine 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 Aveng Automine Private Limited, buy the company report.
Financials of Aveng Automine Private Limited
FY 2023 filings availableAveng Automine Private Limited reported revenue of ₹1.54 Cr (down 67% YoY) for FY 2023.
Revenue · FY 2023
₹1.54 Cr ▼ 67%
Net loss · FY 2023
₹1.79 Cr margin -116.5%
EBITDA · FY 2023
-₹1.32 Cr margin -86.2%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 67%
3 years · compounded
▼ 35%
EBITDA CAGR growth
1 year
▼ 498%
3 years · compounded
▼ 87%
Revenue has declined at a compounded annual rate (CAGR) of 35% over three years, including a 67% fall in the latest year. EBITDA fell 498% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| Depreciation and Amortisation | |||||
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| Total Expenses | |||||
| EBITDA | -₹1.32 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹1.79 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
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| Inventories | |||||
| Trade Receivables | |||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -86.2% | ||||
| Net Profit Margin | -116.5% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
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| Quick Ratio | |||||
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| 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 Aveng Automine Private Limited, buy the company report.
Board of directors of Aveng Automine Private Limited
Aveng Automine has 3 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Thummalapally Avinash | Director | 21 Mar 2018 | 8 Years 7 Months | Current |
| Ashish Tummlapalli | Director | 21 Mar 2018 | 8 Years 7 Months | Current |
| Venu Madhav Bellamkonda | Director | 30 Jun 2019 | 7 Years 4 Months | Current |
Auditor
Aveng Automine Private Limited is audited by G NARAYANA REDDY & ASSOCIATES for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| G NARAYANA REDDY & ASSOCIATES | FY 2021 | 010738S |
Shareholding
The shareholding of Aveng Automine Private Limited is on record for 2 financial years, the latest being FY 2021, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2019 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Aveng Automine Private Limited, buy the company report.
Charges & borrowings
Open charges
₹14.08 Lakh
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 21 Nov 2021 | 100526837 | Hdfc Bank Limited | ₹14.08 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
Aveng Automine Private Limited has 11 court cases on record: 2 filed by Aveng Automine, 9 filed against it. 7 cases are pending and 4 are disposed.
Total cases
11
Filed by the company
2
Filed against the company
9
Pending
7
Disposed
4
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 11 | 9 | 7 |
Cases on record (5 of 11)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Hyderabad Central, Telangana | Civil suit | Filed by the company against Cholamandalam Investment and Finance Company Limited (Cifcl) and 10 others | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (SUMMONS CASES SS) | Filed against the company by Aditya Birla Finance Ltd. | Pending |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by M/S. Kisetsu Saison Finance India Private Limited | Pending |
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Bajaj Finance Limited | Pending |
| District court, South West, Delhi | Cheque dishonour complaint | Filed against the company by Hero Fincorp Ltd | Disposed |
To see the full case history of Aveng Automine 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
No delayed payments to MSME suppliers are on our record for Aveng Automine Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Aveng Automine has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AAQCA6815J1Z9 | Telangana | Active | 12 Apr 2018 |
To see the full GST registrations and return filing status of Aveng Automine Private Limited, buy the company report.
Recent activity
Aveng Automine Private Limited has 3 board changes on record since 2018: 3 appointments. The latest: Venu Madhav Bellamkonda was appointed as Director on 30 Jun 2019.
AGM
Aveng Automine Private Limited last Annual general meeting of members was held on 23 Sep 2023 as per latest MCA records.
Filing
Aveng Automine Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Hyderabad.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 14.08 Lakh with Charge ID 100526837 was registered on 21 Nov 2021.
Appointed
Venu Madhav Bellamkonda was appointed as Director.
Appointed
Ashish Tummlapalli was appointed as Director.
Appointed
Thummalapally Avinash was appointed as Director.
Incorporation
21 Mar 2018
Aveng Automine Private Limited was registered on 21 Mar 2018 with Roc Hyderabad & aged 8 years 7 months as per MCA records.
Frequently asked questions
Aveng Automine is an active private limited company based in Hyderabad, Telangana, India. The company works in auto dealership and trading, within the automotive industry. It was incorporated on 21 March 2018 (8+ years old) and is registered under CIN U29309TG2018PTC123202.
Aveng Automine has 3 current directors:
- Thummalapally Avinash - Director
- Ashish Tummlapalli - Director
- Venu Madhav Bellamkonda - Director
The latest financial statements of Aveng Automine on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 23 September 2023. Year-wise statements from FY 2018 are in the company report.
The GSTIN of Aveng Automine is 36AAQCA6815J1Z9, registered in Telangana.
The CIN (Corporate Identification Number) of Aveng Automine is U29309TG2018PTC123202. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Aveng Automine has 11 court cases on record: 2 filed by the company and 9 filed against it. 7 are pending.
Aveng Automine was incorporated on 21 March 2018, making it 8+ years old. It is registered with the Registrar of Companies, Hyderabad.
Venu Madhav Bellamkonda was appointed as Director on 30 Jun 2019. Ashish Tummlapalli was appointed as Director on 21 Mar 2018. Thummalapally Avinash was appointed as Director on 21 Mar 2018.
Yes, Aveng Automine is registered as a micro enterprise under Udyam registration (number: UDYAM-TS-02-0059549).
The registered office of Aveng Automine is at 5 – 9 – 19 6th Floor Laxmi Narasinh Estate Secretariat Road Saifabad, Hyderabad, Telangana, India – 500004.
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