Avni Yarns Private Limited Company Logo

Avni Yarns Private Limited - Company Profile

It is a manufacturing private limited company based in Surat, Gujarat, India, established in 1997.

1997 | Surat, Gujarat, India | Under Cirp
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About Avni Yarns Private Limited

Avni Yarns Private Limited, a under cirp private limited company, was established on 02 June 1997 in Surat, Gujarat, India. Engaging in textile & fabric production within the manufacturing sector, it holds CIN: U17119GJ1997PTC032448. Registered under ROC Roc Ahmedabad. it is unlisted. It has an authorized capital of ₹4.00 Cr and a paid-up capital of ₹3.70 Cr.

Formerly known as Shree Servanand Textiles Private Limited. It upholds a compliant status. Employing 41 professional, Its leadership includes Omkarchandra Rikhabdas Maloo (Irp/Rp/Liquidator), Gwal Das Mundra (Director), Rajkishore Sukhdeo Mundra (Director). Past directors included Vinod Ranka, Kavitarani Gulabchand Vishnani, Gwal Das Mundra. It holds ₹13.91 Cr open charges and ₹1.07 M settled loans. Its latest AGM occurred on 30 September 2023, with the balance sheet filed on 31 March 2023. It is based at Plot No 9 Block No 300/301Tantithaiya Kadodara, Surat, Gujarat.

Company Details

  • CIN/LLPIN

    U17119GJ1997PTC032448

  • Registration Number

    032448

  • Incorporation Date

    02 June 1997

  • Authorized Capital

    ₹4.00 Cr

  • Paid-Up Capital

    ₹3.70 Cr

  • ROC Code

    Roc Ahmedabad

  • Listing Status

    Unlisted

  • Company Status

    Under Cirp

Key Indicators

  • Authorised Capital ₹ 4.00 Cr
  • Paid Up Capital ₹ 3.70 Cr
  • Company Age 28 Year, 6 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 13.91 Cr
  • Satisfied Charges ₹ 1.07 M
  • Revenue Growth -17.90%
  • Profit Growth 63.19%
  • Ebitda 13.58%
  • Net Worth -18.39%
  • Total Assets -16.80%
Company report

Avni Yarns Private Limited

Company Report FY 2025-2026

Explore comprehensive insights into Avni Yarns Private Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Avni Yarns Private Limited?

Current Directors

NameDesignationAppointment DateStatus
Omkarchandra Rikhabdas MalooIrp/Rp/Liquidator26 Apr 2024Current
Gwal Das MundraDirector26 Dec 2010Current
Rajkishore Sukhdeo MundraDirector26 Dec 2010Current

Past Directors

NameDesignationCessationStatus
Pramod AbcsddAdditional Director24 Sep 2012Past
Pramod AbcsddDirector28 Dec 2010Past
Pramod AbcsddAdditional Director30 Sep 2011Past
Pramod AbcsddAdditional Director30 Sep 2011Past
Pramod AbcsddDirector28 Dec 2010Past
Pramod AbcsddDirector07 Dec 2019Past

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Financial Performance of Avni Yarns.

Avni Yarns Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 17.9% decrease. The company also saw a substantial improvement in profitability, with a 63.19% increase in profit. The company's net worth observed a substantial decline by a decrease of 18.39%.

Avni Yarns revenue growth over time
Avni Yarns profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
-17.90%
Revenue from Operations
-19.19%
Total Assets
-16.80%
Profit or Loss
63.19%
Net Worth
-18.39%
EBITDA
13.58%

What is the Ownership and Shareholding Structure of Avni Yarns?

In 2023, Avni Yarns had a promoter holding of 60.22% and a public holding of 44.33%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

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Charges (Loans)

Open Charges

₹139,100,000.00

Satisfied Charges

₹1,065,000.00

Charges Breakdown by Lending Institutions

  • State Bank Of India : 13.91 Cr

Latest Charge Details

DateLenderAmountStatus
20 May 2011State Bank Of India₹13.91 CrOpen
13 Aug 2012Mahindra And Mahindra Financial Services Limited₹0.32 MSatisfied
19 Dec 2011State Bank Of India₹0.75 MSatisfied

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How Many Employees Work at Avni Yarns?

Avni Yarns has a workforce of 41 employees as of Apr 01, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee growth trends for Avni Yarns Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Avni Yarns, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Avni Yarns's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Avni Yarns

Recent Activity within the Organization

  • Director Appointment

    Progress on Omkarchandra Rikhabdas Maloo was appointed as a IRP/RP/Liquidator was appointed as a IRP/RP/Liquidator on 26 Apr 2024 & has been associated with this company since 1 year 7 months . was documented.

  • Annual General Meeting

    Progress on Avni Yarns Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records. was documented.

  • Balance Sheet

    Progress on Avni Yarns Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ahmedabad. was documented.

  • Charges

    Progress on A charge with State Bank Of India of Rs. 13.91 Cr registered on 20 May 2011 with Charge ID 10295197 was modified on 09 Jul 2020. was documented.

  • Charges

    A charge registered on 19 Dec 2011 via Charge ID 10335992 with State Bank Of India was fully satisfied on 29 Dec 2016. was recorded as a recent event.

  • Charges

    A charge registered on 13 Aug 2012 via Charge ID 10374789 with Mahindra And Mahindra Financial Services Limited was fully satisfied on 29 Mar 2016. was recorded as a recent event.

Frequently Asked Questions

  • What is the CIN of Avni Yarns Private Limited?

    The CIN of Avni Yarns Private Limited is U17119GJ1997PTC032448.

  • Where is Avni Yarns Private Limited headquartered?

    Avni Yarns Private Limited is headquartered at Plot No 9 Block No 300/301Tantithaiya Kadodara, Surat, Gujarat.

  • When was Avni Yarns Private Limited incorporated?

    Avni Yarns Private Limited was incorporated on 02 June 1997.

  • Who are the current directors of Avni Yarns Private Limited?

    The current directors of Avni Yarns Private Limited are

  • What is the primary industry of Avni Yarns Private Limited?

    The primary industry of Avni Yarns Private Limited is Manufacturing.

  • Is Avni Yarns Private Limited a listed company?

    Avni Yarns Private Limited is unlisted.

  • What is the capital structure of Avni Yarns Private Limited?

    The authorized capital of Avni Yarns Private Limited is ₹4.00 Cr, and the paid-up capital is ₹3.70 Cr.

  • What is the compliance status of Avni Yarns Private Limited?

    The compliance status of Avni Yarns Private Limited is Compliant.

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