Avinash Fuels Private Limited
About Avinash Fuels Private Limited
Data last updated:
Avinash Fuels Private Limited was a private limited company based in Nagpur, Maharashtra, India. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the integrated logistics and supply chain solutions segment of the transport and logistics sector. It was incorporated on 20 March 2009.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U11102MH2009PTC191098. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹50 Lakh and a paid-up capital of ₹28 Lakh. It was led by directors Vivek Godselwar and Shyambabu Gangaprasad Dube.
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 was at 2nd Floor Khadi Gram Udyog Building Opp. Gandhisagar, Nagpur, Maharashtra, India – 440032.
As per the financials filed for FY 2024, the company reported a revenue of ₹38,747, a decline of 88% compared to the previous year. For the same year it recorded a net loss of ₹4.94 Cr and EBITDA of -₹6.25 Cr. Revenue has declined at a compounded annual rate (CAGR) of 91% over three years and 85% over five years.
As per MCA filings, the company had open charges of ₹92 Cr and satisfied charges of ₹11.02 Cr on record.
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- Registered Address2nd Floor Khadi Gram Udyog Building Opp. Gandhisagar, Nagpur, Maharashtra, India – 440032
- IndustryTransport and Logistics, Integrated & Diversified Logistics Services
- 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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Financials of Avinash Fuels Private Limited FY 2024 filings available
Avinash Fuels Private Limited reported revenue of ₹38,747 (down 88% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Avinash Fuels Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 85% over five years, including a 88% 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 Avinash Fuels 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 | -₹6.25 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹4.94 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 Avinash Fuels Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | •••• | •••• | •••• | •••• | •••• |
| Net Profit Margin | •••• | •••• | •••• | •••• | •••• |
| 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 Avinash Fuels 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 Avinash Fuels Private Limited
Avinash Fuels Private Limited is compared with the companies closest to it by revenue in the Transport and Logistics industry (Diversified Logistics, Materials 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 |
|---|---|---|---|---|---|---|
| Alfred Talke Logistic Services Private Limited | ₹39,213 (FY 2021) | •••• | •••• | -99.0% | •••• | Airoli, Maharashtra, India |
| Utkal Pipeline Infrastructure Limited | ₹39,000 (FY 2025) | •••• | •••• | -80.0% | •••• | Keonjhar, Odisha, India |
| Dhaneshvarah Overseas Private Limited | ₹38,982 (FY 2024) | •••• | •••• | •••• | Kolkata, West Bengal, India | |
| Rocket Logistics Private Limited | ₹38,975 (FY 2024) | •••• | •••• | -90.0% | •••• | Bangalore, Karnataka, India |
| Devbhumi Barter Private Limited | ₹38,960 (FY 2025) | •••• | •••• | -3.0% | •••• | Siliguri, West Bengal, India |
| Avinash Fuels Private Limited this company | ₹38,747 (FY 2024) | •••• | •••• | -88.0% | •••• | Nagpur, Maharashtra, India |
| Dwarika Retail Private Limited | ₹38,440 (FY 2025) | •••• | •••• | -98.0% | •••• | Lucknow, Uttar Pradesh, India |
| Kevin Impex Private Limited | ₹38,300 (FY 2016) | •••• | •••• | 21.0% | •••• | Mumbai, Maharashtra, India |
| Harikunt Tempo TPT Service Private Limited | ₹38,283 (FY 2025) | •••• | •••• | 11.0% | •••• | Noida, Uttar Pradesh, India |
| Asha Distributors Limited | ₹37,977 (FY 2019) | •••• | •••• | 7779.0% | •••• | Ranchi, Jharkhand, India |
| Satguru Metals Limited | ₹37,950 (FY 2025) | •••• | •••• | 615.0% | •••• | Rourkela, Odisha, India |
Peers are the five companies nearest above and the five nearest below Avinash Fuels by revenue in the Transport and Logistics industry (Diversified Logistics, Materials 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 Avinash Fuels Private Limited
Avinash Fuels Private Limited is audited by TAMBE JOSHI & ASSOCIATES for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| TAMBE JOSHI & ASSOCIATES | 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 Avinash Fuels Private Limited
Avinash Fuels has 2 current directors and 11 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vivek Godselwar Also directs: Heptagon Properties LLP, Centrika Infrastructure & Food Processing Private Limited, Reussi Agro Private Limited and 2 more | Director | 20 Feb 2021 | 5 Years 7 Months | As last reported |
| Shyambabu Gangaprasad Dube Also directs: Purti Power & Sugar Limited, Purti Solar Systems Private Limited | Director | 20 Feb 2021 | 5 Years 7 Months | As last reported |
Ownership and Shareholding of Avinash Fuels 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 Avinash Fuels Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 18 Dec 2010 | Nagpur Nagarik Sahakari Bank Limited | ₹9.07 Cr | Satisfied |
| 05 Mar 2010 | Shikshak Sahakari Bank Ltd | ₹1.95 Cr | Satisfied |
Total charge records: 2 View all charges
Employees and EPFO Compliance at Avinash Fuels Private Limited
Employment history and EPFO contributions of people linked to Avinash Fuels.
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 Avinash Fuels Private Limited
Avinash Fuels Private Limited has 13 board changes on record since 2009: 2 appointments and 11 cessations. The latest: Shyambabu Gangaprasad Dube ceased to be Additional Director on 30 Nov 2021.
10 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Avinash Fuels 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 Avinash Fuels 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 Avinash Fuels 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 Avinash Fuels Private Limited
Avinash Fuels has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
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 Avinash Fuels 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 Avinash Fuels Private Limited
Avinash Fuels has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Avinash Fuels was a private limited company based in Nagpur, Maharashtra, India. The company worked in integrated and diversified logistics services, within the transport and logistics industry. It was incorporated on 20 March 2009 and is registered under CIN U11102MH2009PTC191098. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Avinash Fuels was incorporated on 20 March 2009. It is registered with the Registrar of Companies, Mumbai.
Avinash Fuels had 2 directors:
- Vivek Godselwar - Director
- Shyambabu Gangaprasad Dube - Director
The CIN (Corporate Identification Number) of Avinash Fuels is U11102MH2009PTC191098. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Avinash Fuels is at 2nd Floor Khadi Gram Udyog Building Opp. Gandhisagar, Nagpur, Maharashtra, India – 440032.
Avinash Fuels reported revenue of ₹38,747 for FY 2024 (down 88% YoY).
Avinash Fuels has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹28 Lakh.
Avinash Fuels reported a net loss of ₹4.94 Cr and EBITDA of -₹6.25 Cr for FY 2024, as per its filed financial statements.
No. Avinash Fuels has 1 GST registration on record and it is cancelled or inactive.
Avinash Fuels operated in the transport and logistics industry, in the integrated and diversified logistics services segment.