Avesta Enterprises Private Limited

Avesta Enterprises Private Limited - automotive in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
CIN U28920MH1997PTC108631 Incorporated 10 June 1997 ROC Mumbai HQ Mumbai, Maharashtra, India
Active Private Limited Company automotive MSME · Small
Revenue · FY 2024
₹48.14 Cr
▲ 14% YoY
Net profit · FY 2024
₹1.47 Cr
Net margin 3.1%
EBITDA · FY 2024
₹3.73 Cr
EBITDA margin 7.7%
Authorised capital
₹1.1 Cr
Registered with MCA
Paid-up capital
₹20.01 Lakh
Issued & subscribed
Open charges
₹11.77 Cr
Satisfied ₹10.59 Cr
Company age
29 yrs
Est. 1997
Employees · EPFO
112
Provident fund records

About Avesta Enterprises Private Limited

Data last updated:

Avesta Enterprises Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the auto parts and components segment of the automotive sector. It was incorporated on 10 June 1997 and has been in existence for over 29 years.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U28920MH1997PTC108631. Its GSTIN is 27AABCA4091P1ZB (Maharashtra).

The company has an authorised share capital of ₹1.1 Cr and a paid-up capital of ₹20.01 Lakh. It is led by directors including Iruvile Umesh Iruvile Kogganna Pai and Narendra Vittal Shenoy.

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 Mumbai, Maharashtra.

As per the financials filed for FY 2024, the company reported a revenue of ₹48.14 Cr, a growth of 14% compared to the previous year. For the same year it recorded a net profit of ₹1.47 Cr (net margin 3.1%) and EBITDA of ₹3.73 Cr (EBITDA margin 7.7%). Revenue has grown at a compounded annual rate (CAGR) of 32% over three years and 6% over five years.

The company has about 112 employees on its provident fund (EPFO) records.

The company is associated with 1 brand: Avesta Enterprises. As per MCA filings, the company has open charges of ₹11.77 Cr and satisfied charges of ₹10.59 Cr on record.

Avesta Enterprises Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-33-0006030). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website avestaautoprofile.com.

Company details

CIN U28920MH1997PTC108631
Registration Number 108631
Incorporation Date 10 June 1997
ROC Mumbai
Listing Status Unlisted
Company Status Active
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-MH-33-0006030

Recognitions & Rankings of Avesta Enterprises

MSME (Udyam registered) Ministry of MSME
Category
Small (2024-25)
Udyam number
UDYAM-MH-33-0006030

Contact details

Avesta Enterprises Private Limited's registered office is in Mumbai, Maharashtra. Its website is avestaautoprofile.com. Its e-mail address is in the company report.

  • Email
  • Registered Address
    B /42 167 Kalina Co – Op Housing Society Ltd A – 5/19 Sunder Nagar Kalina Santacruz, East, Mumbai, Maharashtra, India – 400098
  • Industry
    Automotive, Auto Parts & Components

To see the full contact details of Avesta Enterprises Private Limited, buy the company report.

Comprehensive company report
Avesta Enterprises 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included

Brands

Avesta Enterprises operates one associated brand: Avesta Enterprises. Each brand links to its own profile.

BrandDescriptionWebsite
Manufacturing of body trims and automotive components for OEMs is conducted by Avesta Enterprises.avestaautoprofile.com

Business activity

The main business activity of Avesta Enterprises is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC10Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment

To see the full business activity and turnover split of Avesta Enterprises Private Limited, buy the company report.

Financials of Avesta Enterprises Private Limited

FY 2025 filings available

Avesta Enterprises Private Limited reported revenue of ₹48.14 Cr (up 14% YoY) for FY 2024.

Revenue · FY 2024
₹48.14 Cr ▲ 14%
Net profit · FY 2024
₹1.47 Cr margin 3.1%
EBITDA · FY 2024
₹3.73 Cr margin 7.7%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 14%
3 years · compounded
▲ 32%
5 years · compounded
▲ 6%
EBITDA CAGR growth
1 year
▲ 76%
3 years · compounded
▲ 59%
5 years · compounded
▲ 4%

Revenue has grown at a compounded annual rate (CAGR) of 6% over five years, including 14% growth in the latest year. EBITDA rose 76% 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 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₹3.73 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹1.47 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin7.7%
Net Profit Margin3.1%
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 Avesta Enterprises Private Limited, buy the company report.

Board of directors of Avesta Enterprises Private Limited

Avesta Enterprises has 8 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Iruvile Umesh Iruvile Kogganna PaiDirector10 Jun 199729 Years 5 MonthsCurrent
Narendra Vittal ShenoyDirector10 Apr 20197 Years 7 MonthsCurrent
Sampada Ananth PaiDirector10 Apr 20197 Years 7 MonthsCurrent
Rajani Shashank MhaskeDirector10 Apr 20197 Years 7 MonthsCurrent
Pezan Adil PatelDirector25 Sep 201412 Years 1 MonthsCurrent
Krishna Divaker PrabhuDirector15 May 20242 Years 5 MonthsCurrent
Showing 6 of 8 current directors. View all directors

Peer comparison

Avesta Enterprises Private Limited is compared with the 5 companies closest to it by revenue in the Automobiles industry (Auto Ancillary), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Motovario Gear Solutions Private Limited₹48.34 Cr (FY 2025)-6.0%Kolkata, West Bengal, India
Elmec Tools and Devices Pvt Ltd₹48.14 Cr (FY 2025)7.0%Faridabad, Haryana, India
Avesta Enterprises Private Limitedthis company₹48.14 Cr (FY 2024)₹1.47 Cr3.1%14.0%Mumbai, Maharashtra, India
Global Engineering Private Limited₹48.06 Cr (FY 2024)33.0%Faridabad, Haryana, India
Puneet Steels and Alloys Private Limited₹47.82 Cr (FY 2025)17.0%Alwar, Rajasthan, India
Goldsun Auto Private Limited₹47.81 Cr (FY 2024)6.0%Coimbatore, Tamil Nadu, India

To see the full peer comparison of Avesta Enterprises Private Limited, buy the company report.

Auditor

Avesta Enterprises Private Limited is audited by CHOKSHI VEKILNA & KEDIA for the financial year 2023.

Auditor firmFinancial yearFirm registration number
CHOKSHI VEKILNA & KEDIAFY 2023134934W

Shareholding

The shareholding of Avesta Enterprises 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 categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Avesta Enterprises Private Limited, buy the company report.

Charges & borrowings

Open charges
₹11.77 Cr
Satisfied charges
₹10.59 Cr
Breakdown by lending institutions
Bank of India₹11.77 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
29 Nov 2025101201492Bank of India₹99 LakhOpen
05 Feb 2024100860483Bank of India₹13.27 LakhOpen
25 Jan 2024100860485Bank of India₹14.6 LakhOpen
19 May 2023100724689Bank of India₹4.5 CrOpen
26 Nov 2021100508687Bank of India₹6 CrOpen

To see the full charge records of Avesta Enterprises Private Limited, buy the company report.

Total charge records: 13 View all charges

MSME payment delays

Avesta Enterprises Private Limited has 12 MSME Form 1 returns on record between 2019 and 2024, listing 391 overdue payments to 18 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 18)

SupplierAmount dueDue sinceReported on
an individual supplier
Rohit Rubber Corporation
Feryez Polymer Pvt Ltd
Anmee Tech Private Limited
Chemproof Chemicals.

To see the full MSME payment records of Avesta Enterprises Private Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

GST

Avesta Enterprises has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
27AABCA4091P1ZBMaharashtraActive01 Jul 2017

To see the full GST registrations and return filing status of Avesta Enterprises Private Limited, buy the company report.

Recent activity

Avesta Enterprises Private Limited has 14 board changes on record since 1997: 8 appointments and 6 cessations. The latest: Krishna Divaker Prabhu ceased to be Additional Director on 29 Sep 2024.

Charges
A charge with Bank Of India amounted to Rs. 0.99 Cr with Charge ID 101201492 was registered on 29 Nov 2025.
AGM
Avesta Enterprises Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge with Bank Of India of Rs. 6.00 Cr registered on 26 Nov 2021 with Charge ID 100508687 was modified on 13 Aug 2025.
Filing
Avesta Enterprises Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Ceased
Krishna Divaker Prabhu ceased to be Additional Director.
Appointed
Krishna Divaker Prabhu was appointed as Director.
Charges
A charge with Bank Of India amounted to Rs. 0.13 Cr with Charge ID 100860483 was registered on 05 Feb 2024.
Charges
A charge with Bank Of India amounted to Rs. 0.15 Cr with Charge ID 100860485 was registered on 25 Jan 2024.
Charges
A charge with Bank Of India amounted to Rs. 4.50 Cr with Charge ID 100724689 was registered on 19 May 2023.
Charges
A charge registered on 22 Nov 2017 via Charge ID 100160761 with Tata Capital Financial Services Limited was fully satisfied on 21 Jul 2022.
Charges
A charge registered on 06 Feb 2021 via Charge ID 100429872 with Tata Capital Financial Services Limited was fully satisfied on 09 Dec 2021.
Charges
A charge with Bank Of India amounted to Rs. 6.00 Cr with Charge ID 100508687 was registered on 26 Nov 2021.

33 earlier events are in the company report.

Frequently asked questions

Avesta Enterprises is an active private limited company based in Mumbai, Maharashtra, India. The company works in auto parts and components, within the automotive industry. It was incorporated on 10 June 1997 (29+ years old) and is registered under CIN U28920MH1997PTC108631.

Avesta Enterprises has 8 current directors:

The latest financial statements of Avesta Enterprises 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 2015 are in the company report.

The GSTIN of Avesta Enterprises is 27AABCA4091P1ZB, registered in Maharashtra.

The CIN (Corporate Identification Number) of Avesta Enterprises is U28920MH1997PTC108631. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Avesta Enterprises was incorporated on 10 June 1997, making it 29+ years old. It is registered with the Registrar of Companies, Mumbai.

The peers of Avesta Enterprises by revenue are Motovario Gear Solutions Private Limited, Elmec Tools and Devices Pvt Ltd, Global Engineering Private Limited, Puneet Steels and Alloys Private Limited, Goldsun Auto Private Limited, all in the Automobiles industry (Auto Ancillary), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment).

Krishna Divaker Prabhu ceased to be Additional Director on 29 Sep 2024. Krishna Divaker Prabhu was appointed as Director on 15 May 2024. Narendra Vittal Shenoy ceased to be Additional Director on 30 Sep 2019. Avesta Enterprises has 14 board changes on record in total.

Yes, Avesta Enterprises is registered as a small enterprise under Udyam registration (number: UDYAM-MH-33-0006030).

Avesta Enterprises has 12 MSME Form 1 returns on record between 2019 and 2024, listing 391 overdue payments to 18 micro and small suppliers. The latest return was filed on 10 May 2024.

Avesta Enterprises can be reached through the website avestaautoprofile.com. Its registered office is in Mumbai, Maharashtra, India.

The registered office of Avesta Enterprises is at B 42 167 Kalina Co – Op Housing Society Ltd A – 519 Sunder Nagar Kalina Santacruz, East, Mumbai, Maharashtra, India – 400098.