Avg Motors Private Limited

Authorized car dealer with showrooms and service workshops in Kerala.

1997 | Kottayam, Kerala (India) | Active
Last Updated:

Avg Motors Profile

Key Indicators

  • Authorised Capital ₹ 1.25 Cr
  • Paid Up Capital ₹ 1.10 Cr
  • Company Age 28 Year, 2 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 51.00 Cr
  • Satisfied Charges ₹ 45.50 Cr
  • Revenue Growth 33.34%
  • Profit Growth -0.23%
  • Ebitda 7.10%
  • Net Worth 8.85%
  • Total Assets 4.39%

About Avg Motors

Avg Motors Private Limited (AMPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 10 February 1997 and has a history of 28 years and two months. Its registered office is in Kottayam, Kerala, India.

The Corporate was formerly known as Avg Maruti Motors Private Limited. The Company is engaged in the Automotive Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 1.25 Cr and a paid-up capital of Rs 1.10 Cr.

The company currently has active open charges totaling ₹51.00 Cr. The company has closed loans amounting to ₹45.50 Cr, as per Ministry of Corporate Affairs (MCA) records.

Alex George, George Varkey, George John, and One other member serve as directors at the Company.

Company Details

  • Location

    Kottayam, Kerala, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U31103KL1997PTC011197

  • Company No.

    011197

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    10 Feb 1997

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ernakulam

Industry

Automotive

What products or services does Avg Motors Private Limited offer?

Avg Motors Private Limited offers a wide range of products and services, including Tea, Second Hand Cars, Pre Owned Car Sales Service.

Company report

Avg Motors Private Limited

Explore comprehensive data for Avg Motors Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Avg Motors?

Board Members (4)

NameDesignationAppointment DateStatus
Alex George Country flag representing In Director 30-Apr-2011Current
George Varkey Country flag representing In Director 10-Feb-1997Current
George John Country flag representing In Director 30-Apr-2002Current
Jacob Paulose Country flag representing In Director 30-Jul-2015Current

Financial Performance of Avg Motors.

Avg Motors Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 33.34% increase. The company also saw a slight decrease in profitability, with a 0.23% decrease in profit. The company's net worth moved up by a moderate rise of 8.85%.

Avg Motors revenue growth over time
Avg Motors profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
33.34%
Revenue from Operations
33.42%
Total Assets
4.39%
Profit or Loss
-0.23%
Net Worth
8.85%
EBITDA
7.10%

What is the Ownership and Shareholding Structure of Avg Motors?

In 2023, Avg Motors had a promoter holding of 100.00%. The company had 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹51.00 Cr

Satisfied Charges

₹45.50 Cr

Charges Breakdown by Lending Institutions

  • Others : 31.00 Cr
  • The South Indian Bank Limited : 10.00 Cr
  • Indusind Bank : 10.00 Cr

Latest Charge Details

DateLenderAmountStatus
20 Feb 2024The South Indian Bank Limited₹10.00 CrOpen
06 Oct 2023Others₹8.00 CrOpen
10 Dec 2019Others₹13.00 CrOpen
27 Mar 2015Indusind Bank₹10.00 CrOpen
04 Feb 2015Others₹10.00 CrOpen

How Many Employees Work at Avg Motors?

Avg Motors has a workforce of 865 employees as of Apr 02, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee growth trends for Avg Motors Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Avg Motors, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Avg Motors's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Avg Motors

Recent activity within the organization

  • Annual General Meeting

    Avg Motors Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Balance Sheet

    Avg Motors Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ernakulam.

  • Charges

    A charge with The South Indian Bank Limited amounted to Rs. 10.00 Cr with Charge ID 100880881 was registered on 20 Feb 2024.

  • Charges

    A charge with Others of Rs. 8.00 Cr registered on 06 Oct 2023 with Charge ID 100793138 was modified on 17 Oct 2023.

  • Charges

    A charge registered on 31 Jul 2011 via Charge ID 10303002 with Canara Bank was fully satisfied on 17 Oct 2023.

  • Charges

    A charge with Others amounted to Rs. 8.00 Cr with Charge ID 100793138 was registered on 06 Oct 2023.

Frequently asked questions

  • What is the Incorporation or founding date of Avg Motors Private Limited?

    Avg Motors Private Limited was incorporated on 10 Feb 1997.

  • What is authorized share capital and paid-up capital of Avg Motors Private Limited?

    The authorized share capital of Avg Motors Private Limited is ₹ 1.25 Cr and paid-up capital is ₹ 1.10 Cr.

  • Who are the current board members & directors of Avg Motors Private Limited?

    Currently 4 directors are associated with Avg Motors Private Limited.

    • Alex George
    • George Ancheril Varkey
    • George Ancheril John
    • Jacob Chalakuzhy Paulose

  • What is the registered address of Avg Motors Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Avg Motors Private Limited is Ancheril Bank Buildingbaker Junction India, Kottayam, Kerala, 686001.

  • What is the corporate identification number (CIN) and company number of Avg Motors Private Limited?

    The corporate identification number (CIN) of Avg Motors Private Limited is U31103KL1997PTC011197 and the company number is 011197 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Avg Motors Private Limited?

    The Official website of Avg Motors Private Limited is https://www.avggroup.co.in

  • What has been the recent revenue trend for Avg Motors Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Avg Motors Private Limited has risen by 33.34%.

  • How many employees does Avg Motors Private Limited currently have?

    As Per 2023 financial reports, 865 employees are currently employed by Avg Motors Private Limited.

  • What change has been observed in the net worth of Avg Motors Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Avg Motors Private Limited has experienced an upsurge of 8.85%.

  • What are the total open charges for Avg Motors Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Avg Motors Private Limited amount to ₹ 51.00 Cr.

  • When was the last Balance Sheet of Avg Motors Private Limited filed with the ROC?

    The most recent Balance Sheet for Avg Motors Private Limited was filed with the ROC on 31 Mar 2024.

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