MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-18-0104988
Aveo Hardware (India) Private Limited - consumer electronics & durables in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹16.25 Cr
▲ 86% YoY
Net profit · FY 2024
₹4.63 Lakh
Net margin 0.3%
EBITDA · FY 2024
₹23.54 Lakh
EBITDA margin 1.4%
Authorised capital
₹15 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹1.5 Cr
Secured borrowings
Company age
5 yrs
Est. 2021
Directors on board
2
As per MCA filings
About Aveo Hardware (India) Private Limited
Data last updated:
Aveo Hardware (India) Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the furniture manufacturing segment of the consumer electronics and durables sector. It was incorporated on 31 August 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U36109MH2021PTC366611. Its GSTIN is 27AAVCA7081P1ZN (Maharashtra). The company holds 8 GST registrations, all of them active.
The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Ashish Jayantilal Shah and Divyesh Madhukant Shah.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 6th Floor 602 Mathura Vihar Chs Ltd Mandpeshwar Road S V P Road Boriwali (W), Mumbai, Maharashtra, India – 400103.
As per the financials filed for FY 2024, the company reported a revenue of ₹16.25 Cr, a growth of 86% compared to the previous year. For the same year it recorded a net profit of ₹4.63 Lakh (net margin 0.3%) and EBITDA of ₹23.54 Lakh (EBITDA margin 1.4%).
As per MCA filings, the company has open charges of ₹1.5 Cr on record. Court records list 2 cases involving the company, including 2 filed by the company; 2 cases are pending.
Aveo Hardware (India) Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-18-0104988). For more details, the company can be reached via its website aveohardware.com.
Company details
CIN U36109MH2021PTC366611
Registration Number 366611
Incorporation Date 31 August 2021
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
MSME Classification Small
Udyam Registration UDYAM-MH-18-0104988
Recognitions & Rankings of Aveo Hardware (India)
Contact details
Aveo Hardware (India) Private Limited's registered office is in Mumbai, Maharashtra. Its website is aveohardware.com. Its e-mail address is in the company report.
- Email
- Website
- Registered Address6th Floor 602 Mathura Vihar Chs Ltd Mandpeshwar Road S V P Road Boriwali (W), Mumbai, Maharashtra, India – 400103
- IndustryConsumer Electronics & Durables, Furniture Manufacturing
To see the full contact details of Aveo Hardware (India) Private Limited, buy the company report.
Comprehensive company report
Aveo Hardware (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 Aveo Hardware (India) is manufacturing. In detail, this covers wood and wood products, furniture, paper and paper products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C3 | Wood and wood products, furniture, paper and paper products |
To see the full business activity and turnover split of Aveo Hardware (India) Private Limited, buy the company report.
Financials of Aveo Hardware (India) Private Limited
FY 2025 filings availableAveo Hardware (India) Private Limited reported revenue of ₹16.25 Cr (up 86% YoY) for FY 2024.
Revenue · FY 2024
₹16.25 Cr ▲ 86%
Net profit · FY 2024
₹4.63 Lakh margin 0.3%
EBITDA · FY 2024
₹23.54 Lakh margin 1.4%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 86%
EBITDA CAGR growth
1 year
▼ 57%
Revenue rose 86% in the latest year. EBITDA fell 57% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|
| 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 | ₹23.54 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | ₹4.63 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 1.4% | ||
| Net Profit Margin | 0.3% | ||
| 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 Aveo Hardware (India) Private Limited, buy the company report.
Board of directors of Aveo Hardware (India) Private Limited
Aveo Hardware (India) has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ashish Jayantilal Shah | Director | 31 Aug 2021 | 5 Years 1 Months | Current |
| Divyesh Madhukant Shah | Director | 31 Aug 2021 | 5 Years 1 Months | Current |
Peer comparison
Aveo Hardware (India) Private Limited is compared with the 5 companies closest to it by revenue in the Manufacturing industry (Fittings, Furniture), with the same principal business activity (wood and wood products, furniture, paper and paper products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| S.B.Industries Seats Private Limited | ₹16.29 Cr (FY 2024) | 93.0% | Noida, Uttar Pradesh, India | |||
| Maica Plastiwood Private Limited | ₹16.28 Cr (FY 2024) | 764.0% | Indore, Madhya Pradesh, India | |||
| Aveo Hardware (India) Private Limitedthis company | ₹16.25 Cr (FY 2024) | ₹4.63 Lakh | 0.3% | 86.0% | Mumbai, Maharashtra, India | |
| Briton Interio Private Limited | ₹16.22 Cr (FY 2025) | 1.0% | Kadi, Gujarat, India | |||
| RFH Solutions Private Limited | ₹16.17 Cr (FY 2025) | 12.0% | Jalandhar, Punjab, India | |||
| Adept Interiors Private Limited | ₹16.16 Cr (FY 2025) | -2.0% | New Delhi, Delhi, India |
To see the full peer comparison of Aveo Hardware (India) Private Limited, buy the company report.
Charges & borrowings
Open charges
₹1.5 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 12 Dec 2022 | 100653366 | Hdfc Bank Limited | ₹1.5 Cr | Open |
Total charge records: 1 View all charges
Legal cases
Aveo Hardware (India) Private Limited has 2 court cases on record: 2 filed by Aveo Hardware (India). All cases are pending.
Total cases
2
Filed by the company
2
Pending
2
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 0 | 2 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai City Civil Court, Maharashtra | Commercial suit | Filed by the company against Naresh Satyanarayan Somani Proprietor of M/S New Somani Glass | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summary Cases) | Filed by the company against an individual | Pending |
To see the full case history of Aveo Hardware (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
No delayed payments to MSME suppliers are on our record for Aveo Hardware (India) Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Aveo Hardware (India) Private Limited has 1 active EPFO establishment as of Apr 09, 2024.
Active EPFO establishments
1
GST
Aveo Hardware (India) has 8 GST registrations: 8 active. The first 4 active GSTINs are listed below.
Total GSTINs
8
Active
8
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAVCA7081P1ZN | Maharashtra | Active | 29 Sep 2021 |
| 08AAVCA7081P1ZN | Rajasthan | Active | 15 Mar 2022 |
| 24AAVCA7081P1ZT | Gujarat | Active | 17 Mar 2022 |
| 03AAVCA7081P1ZX | Punjab | Active | 29 Apr 2022 |
To see the full GST registrations and return filing status of Aveo Hardware (India) Private Limited, buy the company report.
Recent activity
Aveo Hardware (India) Private Limited has 3 board changes on record since 2021: 2 appointments and 1 cessation. The latest: Komal Rushabh Shah ceased to be Director on 31 Dec 2024.
AGM
Aveo Hardware (India) Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Aveo Hardware (India) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai I.
Ceased
Komal Rushabh Shah ceased to be Director.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 150.00 Lakh with Charge ID 100653366 was registered on 12 Dec 2022.
Appointed
Ashish Jayantilal Shah was appointed as Director.
Appointed
Divyesh Madhukant Shah was appointed as Director.
Incorporation
31 Aug 2021
Aveo Hardware (India) Private Limited was registered on 31 Aug 2021 with Roc Mumbai I & aged 5 years 2 months as per MCA records.
Frequently asked questions
Aveo Hardware (India) is an active private limited company based in Mumbai, Maharashtra, India. The company works in furniture manufacturing, within the consumer electronics and durables industry. It was incorporated on 31 August 2021 (5+ years old) and is registered under CIN U36109MH2021PTC366611.
Aveo Hardware (India) has 2 current directors:
- Ashish Jayantilal Shah - Director
- Divyesh Madhukant Shah - Director
The latest financial statements of Aveo Hardware (India) on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2022 are in the company report.
The GSTIN of Aveo Hardware (India) is 27AAVCA7081P1ZN, registered in Maharashtra. The company has 8 GST registrations in all, of which 8 are active. Other active GSTINs include 08AAVCA7081P1ZN (Rajasthan), 24AAVCA7081P1ZT (Gujarat), 03AAVCA7081P1ZX (Punjab).
The CIN (Corporate Identification Number) of Aveo Hardware (India) is U36109MH2021PTC366611. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Aveo Hardware (India) has 2 court cases on record: 2 filed by the company. 2 are pending.
Aveo Hardware (India) was incorporated on 31 August 2021, making it 5+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Aveo Hardware (India) by revenue are S.B.Industries Seats Private Limited, Maica Plastiwood Private Limited, Briton Interio Private Limited, RFH Solutions Private Limited, Adept Interiors Private Limited, all in the Manufacturing industry (Fittings, Furniture), with the same principal business activity (wood and wood products, furniture, paper and paper products).
Komal Rushabh Shah ceased to be Director on 31 Dec 2024. Ashish Jayantilal Shah was appointed as Director on 31 Aug 2021. Divyesh Madhukant Shah was appointed as Director on 31 Aug 2021.
Yes, Aveo Hardware (India) is registered as a small enterprise under Udyam registration (number: UDYAM-MH-18-0104988).
Aveo Hardware (India) can be reached through the website aveohardware.com. Its registered office is in Mumbai, Maharashtra, India.