Avero Impex Private Limited
About Avero Impex Private Limited
Data last updated:
Avero Impex Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the industrial machinery retail and distribution segment of the machinery and industrial equipment sector. It was incorporated on 16 September 1997 and has been in existence for over 29 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U51900MH1997PTC110692.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Veronica Ajay Pandey and Ajay Kumar Pandey.
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 303 Oberoi Chember A – Wing New Link Road Andheri West, Mumbai, Maharashtra, India – 400053.
As per the financials filed for FY 2024, the company reported a revenue of ₹5.3 Lakh, a decline of 53% compared to the previous year. For the same year it recorded a net loss of ₹3.24 Lakh (net margin -61.1%) and EBITDA of -₹2.25 Lakh (EBITDA margin -42.5%). Revenue has declined at a compounded annual rate (CAGR) of 17% over five years.
As per MCA filings, the company has satisfied charges of ₹3 Lakh on record. Court records list 1 case involving the company, including 1 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered Address303 Oberoi Chember A – Wing New Link Road Andheri West, Mumbai, Maharashtra, India – 400053
- IndustryMachinery and Equipment, Industrial Machinery Retail & Distribution
- 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
- One PDF report, delivered after checkout
Business Activity of Avero Impex Private Limited
The main business activity of Avero Impex is trade. In detail, this covers wholesale trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Avero Impex Private Limited FY 2024 filings available
Avero Impex Private Limited reported revenue of ₹5.3 Lakh (down 53% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Avero Impex Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 17% over five years, including a 53% fall 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 of Avero Impex Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | -₹2.25 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹3.24 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 of Avero Impex Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -42.5% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -61.1% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Avero Impex are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Avero Impex Private Limited
Avero Impex Private Limited is compared with the companies closest to it by revenue in the Machinery and Equipment industry (Machinery and Equipment Retail and Distribution). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Mega Selflube Bearings Private Limited | ₹5.47 Lakh (FY 2025) | •••• | •••• | 226.0% | •••• | Delhi, India |
| VB Airsuspension India Private Limited | ₹5.4 Lakh (FY 2024) | •••• | •••• | 66.0% | •••• | Pune, Maharashtra, India |
| Navshell International Private Limited | ₹5.35 Lakh (FY 2021) | •••• | •••• | -89.0% | •••• | Kurukshetra, Haryana, India |
| Sybrate Technologies Private Limited | ₹5.33 Lakh (FY 2024) | •••• | •••• | -1.0% | •••• | Haryana, India |
| Hara Sitara Kisan Producer Company Limited | ₹5.32 Lakh (FY 2020) | •••• | •••• | 45.0% | •••• | Barghat, Madhya Pradesh, India |
| Avero Impex Private Limited this company | ₹5.3 Lakh (FY 2024) | •••• | •••• | -53.0% | •••• | Mumbai, Maharashtra, India |
| JB Sales Private Limited | ₹5.28 Lakh (FY 2025) | •••• | •••• | -50.0% | •••• | Delhi, India |
| Vinayak Engineering Industries Pvt Ltd | ₹5.27 Lakh (FY 2025) | •••• | •••• | -6.0% | •••• | Kolkata, West Bengal, India |
| Discora Technology Private Limited | ₹5.25 Lakh (FY 2023) | •••• | •••• | -73.0% | •••• | Ahmedabad, Gujarat, India |
| Neelam Finlease Private Limited | ₹5.25 Lakh (FY 2025) | •••• | •••• | -24.0% | •••• | New Delhi, Delhi, India |
| Mehta Parikh and Co Private Limited | ₹5.2 Lakh (FY 2024) | •••• | •••• | 117.0% | •••• | Ahmedabad, Gujarat, India |
Peers are the five companies nearest above and the five nearest below Avero Impex by revenue in the Machinery and Equipment industry (Machinery and Equipment Retail and Distribution), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Avero Impex Private Limited
Avero Impex Private Limited is audited by PANKAJ S AHUJA & CO for the financial year 2020.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| PANKAJ S AHUJA & CO | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Avero Impex Private Limited
Avero Impex has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Veronica Ajay Pandey | Director | 01 Apr 1999 | 27 Years 6 Months | Current |
| Ajay Kumar Pandey | Director | 14 Feb 2022 | 4 Years 7 Months | Current |
Ownership and Shareholding of Avero Impex Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Avero Impex Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 25 Nov 2004 | Canara Bank | ₹3 Lakh | Satisfied |
Total charge records: 1 View all charges
Legal Cases of Avero Impex Private Limited
Avero Impex Private Limited has 1 court case on record: 1 filed against it. All case is disposed. Status as checked on 02 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Court case (Ss case SS) | Filed against the company by an individual | Disposed |
Full case history
All 1 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Employees and EPFO Compliance at Avero Impex Private Limited
Employment history and EPFO contributions of people linked to Avero Impex.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Avero Impex Private Limited
Avero Impex Private Limited has 4 board changes on record since 1999: 3 appointments and 1 cessation. The latest: Surya Narayan Pandey ceased to be Director on 04 Jun 2022.
Credit Ratings, Litigation & Regulatory Alerts for Avero Impex Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Avero Impex Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Avero Impex Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Avero Impex Private Limited
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Avero Impex Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Avero Impex Private Limited
Avero Impex is an active private limited company based in Mumbai, Maharashtra, India. The company works in industrial machinery retail and distribution, within the machinery and equipment industry. It was incorporated on 16 September 1997 (29+ years old) and is registered under CIN U51900MH1997PTC110692.
Avero Impex reported revenue of ₹5.3 Lakh for FY 2024 (down 53% YoY).
Avero Impex has 2 current directors:
- Veronica Ajay Pandey - Director
- Ajay Kumar Pandey - Director
Avero Impex reported a net loss of ₹3.24 Lakh (net margin -61.1%) and EBITDA of -₹2.25 Lakh (EBITDA margin -42.5%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Avero Impex is -17% over five years. In the latest year (FY 2024) revenue fell 53%. CAGR is the steady yearly rate that links the first and the last year.
The CIN (Corporate Identification Number) of Avero Impex is U51900MH1997PTC110692. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Avero Impex has 1 court case on record: 1 filed against it.
Avero Impex was incorporated on 16 September 1997, making it 29+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Avero Impex by revenue are Mega Selflube Bearings Private Limited, VB Airsuspension India Private Limited, Navshell International Private Limited, Sybrate Technologies Private Limited, Hara Sitara Kisan Producer Company Limited and 5 more, all in the Machinery and Equipment industry (Machinery and Equipment Retail and Distribution).
Surya Narayan Pandey ceased to be Director on 04 Jun 2022. Ajay Kumar Pandey was appointed as Director on 14 Feb 2022. Surya Narayan Pandey was appointed as Director on 28 Mar 2018. Avero Impex has 4 board changes on record in total.
The registered office of Avero Impex is at 303 Oberoi Chember A – Wing New Link Road Andheri West, Mumbai, Maharashtra, India – 400053.