About Avgol India Private Limited
Data last updated:
Avgol India Private Limited is a foreign private limited company based in Bhopal, Madhya Pradesh, India, a subsidiary of Avgol Industries 1953 Ltd. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 13 December 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Gwalior, under CIN U17290MP2011FTC045923. Its GSTIN is 23AAKCA0736E2Z4 (Madhya Pradesh). The company holds 3 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹2.75 Cr. It is led by directors including Sanjay Anupchandra Bhayani (Whole-Time Director) and Sivan Yedidsion.
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 Plot No.184 And Parts Of Plot No.183 & 185 Sector A Mandideep Industrial Area Rais, En Bhopal, Madhya Pradesh, India – 462046.
As per the financials filed for FY 2025, the company reported a revenue of ₹107.1 Cr, a decline of 10% compared to the previous year. For the same year it recorded a net loss of ₹17.84 Cr (net margin -16.7%) and EBITDA of ₹5.75 Cr (EBITDA margin 5.4%). Revenue has declined at a compounded annual rate (CAGR) of 15% over three years and 7% over five years.
The company has about 64 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹53.06 Cr and satisfied charges of ₹109.06 Cr on record. Court records list 2 cases involving the company, including 2 filed by the company; 2 cases are pending. The company has 4 deals on record (2 rights issues, 1 funding round, 1 secondary share transfer), with disclosed funding of ₹2.63 Cr; the latest was in March 2021. Its 10 peer companies in the Manufacturing industry (Textiles) are compared by revenue, 5 larger and 5 smaller; the largest is Goyal Petrofils Yarns Private Limited. The company has 10 MSME Form 1 returns on record between 2018 and 2024, listing 71 overdue payments to 29 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website avgol.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressPlot No.184 And Parts Of Plot No.183 & 185 Sector A Mandideep Industrial Area Rais, En Bhopal, Madhya Pradesh, India – 462046
- IndustryManufacturing, Textile & Fabric Production
- 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 Avgol India Private Limited
The main business activity of Avgol India is manufacturing. In detail, this covers textile, leather and other apparel products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C2 | Textile, leather and other apparel products | 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 Avgol India Private Limited FY 2025 filings available
Avgol India Private Limited reported revenue of ₹107.1 Cr (down 10% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Avgol India Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 7% over five years, including a 10% fall in the latest year. EBITDA fell 58% 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 Avgol India Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 | ₹5.75 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹17.84 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 of Avgol India Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 5.4% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -16.7% | •••• | •••• | •••• | •••• |
| 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 Avgol India 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 Avgol India Private Limited
Avgol India Private Limited is compared with the companies closest to it by revenue in the Manufacturing industry (Textiles). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Goyal Petrofils Yarns Private Limited | •••• | •••• | •••• | •••• | 49 | Punjab, India |
| Rajave Textiles Private Limited | •••• | •••• | •••• | •••• | - | Coimbatore, Tamil Nadu, India |
| National Fibres Private Limited | •••• | •••• | •••• | •••• | - | Thane, Maharashtra, India |
| A One Textech Private Limited | •••• | •••• | •••• | •••• | 171 | New Delhi, Delhi, India |
| Sausar Cotton Processing Private Limited | •••• | •••• | •••• | •••• | - | Nagpur, Maharashtra, India |
| Avgol India Private Limited this company | •••• | •••• | •••• | •••• | - | Bhopal, Madhya Pradesh, India |
| Bahubali Cottons Private Limited | •••• | •••• | •••• | •••• | - | Gevrai, Maharashtra, India |
| S P Textile Processors Private Limited | •••• | •••• | •••• | •••• | - | Salem, Tamil Nadu, India |
| Sahib Textiles Private Limited | •••• | •••• | •••• | •••• | 47 | Delhi, India |
| Sruti Filatex Private Limited | •••• | •••• | •••• | •••• | 14 | Surat, Gujarat, India |
| Suzuki Textiles Limited | •••• | •••• | •••• | •••• | - | Bhilwara, Rajasthan, India |
Peers are the five companies nearest above and the five nearest below Avgol India by revenue in the Manufacturing industry (Textiles), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.
Auditor Details of Avgol India Private Limited
Avgol India Private Limited is audited by Deloitte Haskins & Sells LLP for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Deloitte Haskins & Sells LLP | 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 Avgol India Private Limited
Avgol India has 3 current directors and 11 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sivan Yedidsion Also directs: Avgol Nonwovens India Private Limited | Director | 18 May 2021 | 5 Years 4 Months | Current |
| David Edmond Peretz Also directs: Avgol Nonwovens India Private Limited | Director | 01 Feb 2021 | 5 Years 8 Months | Current |
| Sanjay Anupchandra Bhayani Also directs: Avgol Nonwovens India Private Limited | Whole-Time Director | 21 Feb 2017 | 9 Years 7 Months | Current |
Ownership and Shareholding of Avgol India 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 Avgol India Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 23 Mar 2022 | Standard Chartered Bank | ₹53.06 Cr | Open |
| 13 Jan 2017 | Others | ₹109.06 Cr | Satisfied |
Total charge records: 2 View all charges
Deals & Funding of Avgol India Private Limited
Avgol India Private Limited has 4 deals on record (2 rights issues, 1 funding round, 1 secondary share transfer), with disclosed funding of ₹2.63 Cr; the latest was in March 2021.
Deals on record (4 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2021 | Secondary share transfer | Undisclosed | Buyer: Avgol Industries 1953 Limited Seller: Avgol Limited |
| Aug 2017 | Rights issue | ₹9.51 Cr | Investors: Avgol Limited |
| May 2016 | Rights issue | ₹16.81 Cr | Investors: Avgol Limited |
| Sep 2012 | Funding round | ₹2.63 Cr | Investors: Avgol Limited |
Full deal history
All 4 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of Avgol India Private Limited
Avgol India Private Limited has 2 court cases on record: 2 filed by Avgol India. All cases are pending. Status as checked on 21 Sep 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 0 | 2 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Madhya Pradesh | Writ petition | Filed by the company against Assistant Commissioner of Income Tax Circle Bhopal | Pending |
| High Court of Madhya Pradesh | Writ petition | Filed by the company against Principal Commissioner of Income Tax Bhopal - 1 | Pending |
Full case history
All 2 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.
MSME Payment Delays by Avgol India Private Limited
Avgol India Private Limited has 10 MSME Form 1 returns on record between 2018 and 2024, listing 71 overdue payments to 29 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 29)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Laxmi Pest Control Pvt Ltd | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 10 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Employees and EPFO Compliance at Avgol India Private Limited
Avgol India Private Limited has a workforce of 64 employees as of Jul 23, 2024.
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.
CIN History of Avgol India Private Limited
Avgol India has one previous CIN (Corporate Identification Number): U17290MH2011FTC224848. The current CIN is U17290MP2011FTC045923, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U17290MP2011FTC045923 | Current |
| U17290MH2011FTC224848 | Previous |
Recent Activity on Avgol India Private Limited
Avgol India Private Limited has 14 board changes on record since 2013: 3 appointments and 11 cessations. The latest: Shachar Rachim ceased to be Director on 30 Dec 2023.
8 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Avgol India 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.
Subsidiaries & Group Companies of Avgol India 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 Avgol India Private Limited
Avgol India has 3 GST registrations: 1 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 23AAKCA0736E2Z4 | Madhya Pradesh | Active | 01 Jul 2017 |
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 Avgol India 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 Avgol India Private Limited
Avgol India is an active foreign private limited company based in Bhopal, Madhya Pradesh, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 13 December 2011 (15+ years old) and is registered under CIN U17290MP2011FTC045923.
Avgol India reported revenue of ₹107.1 Cr for FY 2025 (down 10% YoY).
Avgol India has 3 current directors:
- Sanjay Anupchandra Bhayani - Whole-Time Director
- Sivan Yedidsion - Director
- David Edmond Peretz - Director
Avgol India reported a net loss of ₹17.84 Cr (net margin -16.7%) and EBITDA of ₹5.75 Cr (EBITDA margin 5.4%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Avgol India is -15% over three years and -7% over five years. In the latest year (FY 2025) revenue fell 10%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Avgol India is 23AAKCA0736E2Z4, registered in Madhya Pradesh. The company has 3 GST registrations in all, of which 1 is active and 2 are cancelled or inactive.
The CIN (Corporate Identification Number) of Avgol India is U17290MP2011FTC045923. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Avgol India has 2 court cases on record: 2 filed by the company. 2 are pending.
Avgol India was incorporated on 13 December 2011, making it 15+ years old. It is registered with the Registrar of Companies, Gwalior.
Avgol India has 4 deals on record (2 rights issues, 1 funding round, 1 secondary share transfer), with disclosed funding of ₹2.63 Cr; the latest was in March 2021.
The peers of Avgol India by revenue are Goyal Petrofils Yarns Private Limited, Rajave Textiles Private Limited, National Fibres Private Limited, A One Textech Private Limited, Sausar Cotton Processing Private Limited and 5 more, all in the Manufacturing industry (Textiles).
Shachar Rachim ceased to be Director on 30 Dec 2023. David Edmond Peretz ceased to be Additional Director on 30 Aug 2021. Sivan Yedidsion ceased to be Additional Director on 30 Aug 2021. Avgol India has 14 board changes on record in total.