About Avire Elevator Technology India Private Limited
Data last updated:
Avire Elevator Technology India Private Limited is a private limited company based in Thane, Maharashtra, India, a subsidiary of Halma International Company. The company is currently under liquidation, meaning its assets are being sold to settle outstanding debts. It may not have the legal capacity to fulfil new contracts. It operates in the industrial tools and components segment of the machinery and industrial equipment sector. It was incorporated on 23 February 2005.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U31900MH2005PTC151544. Its GSTIN is 27AACCT1967E1ZB (Maharashtra).
The company has an authorised share capital of ₹75 Lakh and a paid-up capital of ₹60.37 Lakh. It is led by directors Kirstie Ann Mccormack and Prasenjit Datta.
Its last annual general meeting (AGM) was held on 04 August 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at Plot A/147 Road No. 24 Wagle Industrial Estate, Thane, Maharashtra, India – 400604.
As per the financials filed for FY 2021, the company reported a revenue of ₹3.53 Cr, a decline of 31% compared to the previous year. For the same year it recorded a net loss of ₹4.1 Lakh (net margin -1.2%) and EBITDA of -₹6.67 Lakh (EBITDA margin -1.9%). Revenue has declined at a compounded annual rate (CAGR) of 28% over three years and 20% over five years.
As per MCA filings, the company has satisfied charges of ₹65 Lakh on record.
The last known website on record is avire-global.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressPlot A/147 Road No. 24 Wagle Industrial Estate, Thane, Maharashtra, India – 400604
- IndustryMachinery and Equipment, Industrial Tools & Components
- 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 Avire Elevator Technology India Private Limited
The main business activity of Avire Elevator Technology India 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 Avire Elevator Technology India Private Limited FY 2021 filings available
Avire Elevator Technology India Private Limited reported revenue of ₹3.53 Cr (down 31% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR) of Avire Elevator Technology India Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 20% over five years, including a 31% fall in the latest year. EBITDA fell 106% 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 Avire Elevator Technology India Private Limited
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| 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 | -₹6.67 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹4.1 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 Avire Elevator Technology India Private Limited
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -1.9% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -1.2% | •••• | •••• | •••• | •••• |
| 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 Avire Elevator Technology 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 Avire Elevator Technology India Private Limited
Avire Elevator Technology India Private Limited is compared with the companies closest to it by revenue in the Machinery and Equipment industry (Tools and Components). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Sarvagya Tool Technologies Private Limited | ₹3.54 Cr (FY 2025) | •••• | •••• | 28.0% | •••• | Gurgaon, Haryana, India |
| Oracle Presscomps & Engineering Private Limited | ₹3.54 Cr (FY 2025) | •••• | •••• | -5.0% | •••• | Satara, Maharashtra, India |
| Kiara Slides (India) Private Limited | ₹3.53 Cr (FY 2025) | •••• | •••• | -12.0% | •••• | Shapar Veraval, Gujarat, India |
| TP Ingredients Private Limited | ₹3.53 Cr (FY 2024) | •••• | •••• | 32.0% | •••• | Bhubaneswar, Odisha, India |
| Koolit Heatsinks Solutions Private Limited | ₹3.53 Cr (FY 2025) | •••• | •••• | 11.0% | •••• | Delhi, India |
| Avire Elevator Technology India Private Limited this company | ₹3.53 Cr (FY 2021) | •••• | •••• | -31.0% | •••• | Thane, Maharashtra, India |
| Millwright Engineering Private Limited | ₹3.52 Cr (FY 2025) | •••• | •••• | 13.0% | •••• | Coimbatore, Tamil Nadu, India |
| Concord Aluminium Company Private Limited | ₹3.52 Cr (FY 2025) | •••• | •••• | 5.0% | •••• | Bangalore, Karnataka, India |
| Prannath Kapur & Sons Private Limited | ₹3.51 Cr (FY 2025) | •••• | •••• | 19.0% | •••• | New Delhi, Delhi, India |
| Microll Engineers Private Limited | ₹3.51 Cr (FY 2025) | •••• | •••• | -1.0% | •••• | Faridabad, Haryana, India |
| Koncave Anchor Fastners Private Limited | ₹3.51 Cr (FY 2025) | •••• | •••• | 12202.0% | •••• | Rohtak, Haryana, India |
Peers are the five companies nearest above and the five nearest below Avire Elevator Technology India by revenue in the Machinery and Equipment industry (Tools and Components), 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 Avire Elevator Technology India Private Limited
Avire Elevator Technology India Private Limited is audited by DELOITTE HASKINS & SELLS for the financial year 2015.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| DELOITTE HASKINS & SELLS | 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 Avire Elevator Technology India Private Limited
Avire Elevator Technology India 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 |
|---|---|---|---|---|
| Kirstie Ann Mccormack | Director | 02 Aug 2019 | 7 Years 2 Months | As last reported |
| Prasenjit Datta Also directs: Halma India Private Limited | Director | 04 Sep 2014 | 12 Years 1 Months | As last reported |
Ownership and Shareholding of Avire Elevator Technology 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 Avire Elevator Technology India Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 20 Mar 2015 | The Hongkong and Shanghai Banking Corporation Limited | ₹65 Lakh | Satisfied |
Total charge records: 1 View all charges
Employees and EPFO Compliance at Avire Elevator Technology India Private Limited
Employment history and EPFO contributions of people linked to Avire Elevator Technology India.
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 Avire Elevator Technology India Private Limited
Avire Elevator Technology India Private Limited has 13 board changes on record since 2008: 2 appointments and 11 cessations. The latest: Rajeev Joshi ceased to be Director on 07 Sep 2021.
6 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Avire Elevator Technology 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.
MSME Payment Delays by Avire Elevator Technology India 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 Avire Elevator Technology 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 Avire Elevator Technology India Private Limited
Avire Elevator Technology India has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCT1967E1ZB | Maharashtra | 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 Avire Elevator Technology 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.
Related news about Avire Elevator Technology India Private Limited
Frequently Asked Questions about Avire Elevator Technology India Private Limited
Avire Elevator Technology India is currently "Under Liquidation" as per MCA records. The company's assets are being sold to settle outstanding debts owed to creditors. A company under liquidation may not have the legal capacity to fulfil new contracts, and creditors are prioritised in the distribution of proceeds. This is a high-risk status - caution is strongly advised.
Avire Elevator Technology India is a company under liquidation, formerly operating as a private limited company based in Thane, Maharashtra, India. The company works in industrial tools and components, within the machinery and equipment industry. It was incorporated on 23 February 2005 and is registered under CIN U31900MH2005PTC151544. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Avire Elevator Technology India reported revenue of ₹3.53 Cr for FY 2021 (down 31% YoY).
Avire Elevator Technology India has 2 current directors:
- Kirstie Ann Mccormack - Director
- Prasenjit Datta - Director
Avire Elevator Technology India reported a net loss of ₹4.1 Lakh (net margin -1.2%) and EBITDA of -₹6.67 Lakh (EBITDA margin -1.9%) for FY 2021, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Avire Elevator Technology India is -28% over three years and -20% over five years. In the latest year (FY 2021) revenue fell 31%. CAGR is the steady yearly rate that links the first and the last year.
The CIN (Corporate Identification Number) of Avire Elevator Technology India is U31900MH2005PTC151544. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Avire Elevator Technology India has no open charges and satisfied charges of ₹65 Lakh as per latest MCA filings.
Avire Elevator Technology India was incorporated on 23 February 2005. It is registered with the Registrar of Companies, Mumbai.
The peers of Avire Elevator Technology India by revenue are Sarvagya Tool Technologies Private Limited, Oracle Presscomps & Engineering Private Limited, Kiara Slides (India) Private Limited, TP Ingredients Private Limited, Koolit Heatsinks Solutions Private Limited and 5 more, all in the Machinery and Equipment industry (Tools and Components).
Rajeev Joshi ceased to be Director on 07 Sep 2021. Wendy Juliet Mcmillan ceased to be Director on 06 Mar 2020. Vaibhavi Govind Dabholkar ceased to be Director on 18 Jan 2020. Avire Elevator Technology India has 13 board changes on record in total.