Avni Products Private Limited
About Avni Products Private Limited
Data last updated:
Avni Products Private Limited was a private limited company based in Surat, Gujarat, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the auto parts and components segment of the automotive sector. It was incorporated on 10 December 2012.
The company was registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U25199GJ2012PTC072941. Its GSTIN is 24AALCA1841M1ZL (Gujarat).
The company had an authorised share capital of ₹25 Lakh and a paid-up capital of ₹1 Lakh. It was led by directors including Jayantilal Karsanbhai Patel and Vitthalbhai Bhimjibhai Patel.
Its last annual general meeting (AGM) was held on 29 July 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office was at Shop No.580 1st Floor Mayur Shopping Center Bes: Commerce College Kamrej Char Rasta, Surat, Gujarat, India – 394185.
As per the financials filed for FY 2020, the company reported a revenue of ₹1.44 Lakh, a decline of 99% compared to the previous year. For the same year it recorded a net loss of ₹49,629 (net margin -34.5%) and EBITDA of -₹1.33 Lakh (EBITDA margin -92.7%). Revenue has declined at a compounded annual rate (CAGR) of 78% over three years and 55% over five years.
As per MCA filings, the company had satisfied charges of ₹2.1 Cr on record.
Company details
Contact details
Avni Products Private Limited's registered office is in Surat, Gujarat. Its e-mail address is in the company report.
- Email
- Registered AddressShop No.580 1st Floor Mayur Shopping Center Bes: Commerce College Kamrej Char Rasta, Surat, Gujarat, India – 394185
- IndustryAutomotive, Auto Parts & Components
To see the full contact details of Avni Products 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
Financials of Avni Products Private Limited
FY 2024 filings availableAvni Products Private Limited reported revenue of ₹1.44 Lakh (down 99% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 55% over five years, including a 99% 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
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹1.44 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹1.33 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹49,629 | ||||
| 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -92.7% | ||||
| Net Profit Margin | -34.5% | ||||
| 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 Products Private Limited, buy the company report.
Board of directors of Avni Products Private Limited
Avni Products has 5 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jayantilal Karsanbhai Patel Also directs: Tridev Rubber Private Limited | Director | 10 Dec 2012 | 13 Years 10 Months | As last reported |
| Vitthalbhai Bhimjibhai Patel | Director | 10 Dec 2012 | 13 Years 10 Months | As last reported |
| Hiralal Khetabhai Patel Also directs: Tridev Rubber Private Limited | Director | 10 Dec 2012 | 13 Years 10 Months | As last reported |
| Bhavanbhai Gopalbhai Patel | Director | 10 Dec 2012 | 13 Years 10 Months | As last reported |
| Dhanjibhai Ramjibhai Patel | Director | 10 Dec 2012 | 13 Years 10 Months | As last reported |
Auditor
Avni Products Private Limited is audited by KAMLESH PANDYA & CO for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| KAMLESH PANDYA & CO | FY 2018 | 116939W |
Shareholding
The shareholding of Avni Products Private Limited is on record for 3 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Avni Products Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 11 Oct 2013 | 10458064 | City Union Bank Limited | ₹1.2 Cr | Satisfied | |
| 11 Oct 2013 | 10458061 | City Union Bank Limited | ₹90 Lakh | Satisfied |
To see the full charge records of Avni Products Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
No court or tribunal cases involving Avni Products Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Avni Products Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Avni Products has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AALCA1841M1ZL | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Avni Products Private Limited, buy the company report.
Recent activity
Avni Products Private Limited has 7 board changes on record since 2012: 5 appointments and 2 cessations. The latest: Dipak Ratanshibhai Patel ceased to be Additional Director on 30 Nov 2021.
2 earlier events are in the company report.
Frequently asked questions
Avni Products has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Avni Products was a private limited company based in Surat, Gujarat, India. The company worked in auto parts and components, within the automotive industry. It was incorporated on 10 December 2012 and is registered under CIN U25199GJ2012PTC072941. The company has been struck off by the Registrar of Companies and is no longer operational.
Avni Products had 5 directors:
- Jayantilal Karsanbhai Patel - Director
- Vitthalbhai Bhimjibhai Patel - Director
- Hiralal Khetabhai Patel - Director
- Bhavanbhai Gopalbhai Patel - Director
- Dhanjibhai Ramjibhai Patel - Director
The CIN (Corporate Identification Number) of Avni Products is U25199GJ2012PTC072941. 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 Products is at Shop No.580 1st Floor Mayur Shopping Center Bes: Commerce College Kamrej Char Rasta, Surat, Gujarat, India – 394185.
Avni Products was incorporated on 10 December 2012. It is registered with the Registrar of Companies, Ahmedabad.
The latest financial statements of Avni Products on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 29 July 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Avni Products is 24AALCA1841M1ZL, registered in Gujarat.
Avni Products operated in the automotive industry, in the auto parts and components segment. It worked in this industry before it was struck off.
Dipak Ratanshibhai Patel ceased to be Additional Director on 30 Nov 2021. Ratansibhai Ramjibhai Patel ceased to be Director on 27 Dec 2020. Bhavanbhai Gopalbhai Patel was appointed as Director on 10 Dec 2012. Avni Products has 7 board changes on record in total.
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