About Avni Energy Solutions Private Limited
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Avni Energy Solutions Private Limited was a private limited company based in Tirupati, Andhra Pradesh, India. The company has been dissolved (liquidated) as per MCA records and no longer exists as a legal entity. Any dealings with a dissolved entity carry legal and financial risk. It operated in the electronics manufacturing segment of the consumer electronics and durables sector. It was incorporated on 28 May 2009.
The company was registered with the Registrar of Companies (ROC), Vijayawada, under CIN U40300AP2009PTC063799. The company has 6 GST registrations on record, none of which is active.
The company had an authorised share capital of ₹5 Cr and a paid-up capital of ₹3.58 Cr. It was led by directors Sangeeta Brijmohan Rathi and Brijmohan Rathi.
Its last annual general meeting (AGM) was held on 30 September 2015, and its latest financial statements are for the year ended 31 March 2015. The registered office was at Andhra Pradesh Industrial Infrastructure Corporation Industrial Area Locality Plo, T No B2 – 3, Tirupati, Andhra Pradesh, India – 517520.
As per the financials filed for FY 2015, the company reported a revenue of ₹33.89 Cr, a decline of 15% compared to the previous year. For the same year it recorded a net profit of ₹62,036 (net margin 0%) and EBITDA of ₹2.57 Cr (EBITDA margin 7.6%).
The company was associated with 1 brand: Avni Energy Solutions. As per MCA filings, the company had open charges of ₹12.89 Cr on record. Court records list 22 cases involving the company, including 2 filed by the company and 20 filed against it; 4 cases are pending. The company has 5 deals on record (4 funding rounds, 1 acquisition), with disclosed funding of ₹15.06 Cr; the latest was in May 2014. Its 3 peer companies in the Consumer Durables industry (Electronic Appliances Manufacturing, Energy Solutions), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment) are compared by revenue, 2 larger and 1 smaller; the largest is Novelco Technologies Private Limited with revenue of ₹34.43 Cr.
The last known website on record is avnienergy.com.
Company details
Contact details
Avni Energy Solutions Private Limited's registered office is in Tirupati, Andhra Pradesh. Its website is avnienergy.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressAndhra Pradesh Industrial Infrastructure Corporation Industrial Area Locality Plo, T No B2 – 3, Tirupati, Andhra Pradesh, India – 517520
- IndustryConsumer Electronics & Durables, Electronics Manufacturing
To see the full contact details of Avni Energy Solutions Private Limited, buy the company report.
- 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
Brands
Avni Energy Solutions operates one associated brand: Avni Energy Solutions. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| LED lighting solutions are manufactured and supplied for various sectors. | avnienergy.com |
Business activity
The main business activity of Avni Energy Solutions is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment |
To see the full business activity and turnover split of Avni Energy Solutions Private Limited, buy the company report.
Financials of Avni Energy Solutions Private Limited
FY 2015 filings availableAvni Energy Solutions Private Limited reported revenue of ₹33.89 Cr (down 15% YoY) for FY 2015.
Compounded Annual Growth Rate (CAGR)
Revenue fell 15% in the latest year. EBITDA rose 22% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2014-15 |
|---|---|
| Profit and Loss Statement | |
| Revenue from Operations | |
| Other Income | |
| Total Revenue | ₹33.89 Cr |
| Cost of Materials Consumed | |
| Employee Benefit Expense | |
| Finance Costs | |
| Depreciation and Amortisation | |
| Other Expenses | |
| Total Expenses | |
| EBITDA | ₹2.57 Cr |
| Profit Before Tax | |
| Tax Expense | |
| Net Profit (PAT) | ₹62,036 |
| 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
| Metrics | FY 2014-15 |
|---|---|
| Profitability | |
| EBITDA Margin | 7.6% |
| Net Profit Margin | 0% |
| 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 Avni Energy Solutions Private Limited, buy the company report.
Board of directors of Avni Energy Solutions Private Limited
Avni Energy Solutions has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sangeeta Brijmohan Rathi Also directs: Oxides and Specialities Limited | Director | 25 Feb 2011 | 15 Years 8 Months | As last reported |
| Brijmohan Rathi | Director | 18 Jan 2011 | 15 Years 9 Months | As last reported |
Peer comparison
Avni Energy Solutions Private Limited is compared with the 3 companies closest to it by revenue in the Consumer Durables industry (Electronic Appliances Manufacturing, Energy Solutions), 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.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Novelco Technologies Private Limited | ₹34.43 Cr (FY 2024) | Noida, Uttar Pradesh, India | ||||
| Avert Energy India Private Limited | ₹34.4 Cr (FY 2025) | 26.0% | Mana Camp, Chhattisgarh, India | |||
| Avni Energy Solutions Private Limitedthis company | ₹33.89 Cr (FY 2015) | ₹62,036 | 0% | -15.0% | Tirupati, Andhra Pradesh, India | |
| G.T. Magnetics Private Limited | ₹33.67 Cr (FY 2025) | 1.0% | Noida, Uttar Pradesh, India |
To see the full peer comparison of Avni Energy Solutions Private Limited, buy the company report.
Auditor
Avni Energy Solutions Private Limited is audited by B S R & Co. LLP for the financial year 2015.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| B S R & Co. LLP | FY 2015 | 101248W/W100022 |
Shareholding
The shareholding of Avni Energy Solutions Private Limited is on record for FY 2015, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2015 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Avni Energy Solutions Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 19 Mar 2013 | 10416323 | Union Bank of India | ₹2 Cr | Open | |
| 10 Feb 2012 | 10340446 | Union Bank of India | ₹50 Lakh | Open | |
| 23 Jan 2010 | 10196142 | Union Bank of India | ₹39.18 Lakh | Open | |
| 14 Oct 2009 | 10185151 | Others | ₹10 Cr | Open |
To see the full charge records of Avni Energy Solutions Private Limited, buy the company report.
Total charge records: 4 View all charges
Deals & funding
Avni Energy Solutions Private Limited has 5 deals on record (4 funding rounds, 1 acquisition), with disclosed funding of ₹15.06 Cr; the latest was in May 2014.
Deals on record (5 of 5)
| When | Deal | Amount | Parties |
|---|---|---|---|
| May 2014 | Funding round | ₹12 Cr | Investors: SIDBI Ventures |
| Mar 2014 | Funding round | ₹8.1 Lakh | Investors: an individual |
| Mar 2012 | Funding round | ₹2.1 Cr | Investors: 2 individuals |
| Aug 2011 | Acquisition | ₹68.4 Lakh | Buyer: an individual Seller: an individual |
| Sep 2009 | Funding round | ₹88 Lakh | Investors: 2 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Avni Energy Solutions Private Limited has 22 court cases on record: 2 filed by Avni Energy Solutions, 20 filed against it. 4 cases are pending and 18 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 19 | 19 | 1 |
| High courts | 3 | 1 | 3 |
Cases on record (5 of 22)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by HDFC Bank Ltd | Disposed |
| District court, Chennai, Tamil Nadu | Criminal complaint | Filed against the company by M/S.Indusind Bank Limited | Disposed |
| District court, BENGALURU, Karnataka | Civil suit | Filed against the company by Icici Bank Limited Rep Vishal Shukla | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by Hicotronics Devices Private Limited | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by Smart Management Consultants | Pending |
To see the full case history of Avni Energy Solutions Private Limited, buy the company report.
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
No delayed payments to MSME suppliers are on our record for Avni Energy Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Avni Energy Solutions Private Limited has 1 active EPFO establishment as of Mar 31, 2024.
GST
Avni Energy Solutions has 6 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Avni Energy Solutions Private Limited, buy the company report.
Recent activity
Avni Energy Solutions Private Limited has 6 board changes on record since 2011: 2 appointments and 4 cessations. The latest: Gururaja Ganesh ceased to be Director on 02 Oct 2016.
4 earlier events are in the company report.
Frequently asked questions
Avni Energy Solutions has been "Dissolved (Liquidated)" as per MCA records. The company has ceased to exist as a legal entity. Any contracts or dealings with a dissolved entity may be legally unenforceable.
Avni Energy Solutions was a private limited company based in Tirupati, Andhra Pradesh, India. The company worked in electronics manufacturing, within the consumer electronics and durables industry. It was incorporated on 28 May 2009 and is registered under CIN U40300AP2009PTC063799. The company is recorded as dissolved (liquidated) in MCA records and no longer exists as a legal entity.
Avni Energy Solutions was incorporated on 28 May 2009. It is registered with the Registrar of Companies, Vijayawada.
Avni Energy Solutions had 2 directors:
- Sangeeta Brijmohan Rathi - Director
- Brijmohan Rathi - Director
The CIN (Corporate Identification Number) of Avni Energy Solutions is U40300AP2009PTC063799. 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 Avni Energy Solutions is at Andhra Pradesh Industrial Infrastructure Corporation Industrial Area Locality Plo, T No B2 – 3, Tirupati, Andhra Pradesh, India – 517520.
Avni Energy Solutions can be reached through the website avnienergy.com. Its registered office is in Tirupati, Andhra Pradesh, India.
The latest financial statements of Avni Energy Solutions on record with the MCA are for the year ended 31 March 2015. Its last annual general meeting was held on 30 September 2015. Year-wise statements from 2015 are in the company report.
No. Avni Energy Solutions has 6 GST registrations on record and all of them are cancelled or inactive.
Avni Energy Solutions operated in the consumer electronics and durables industry, in the electronics manufacturing segment.
Avni Energy Solutions has 5 deals on record (4 funding rounds, 1 acquisition), with disclosed funding of ₹15.06 Cr; the latest was in May 2014.
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