Avolet Polytec Private Limited
About Avolet Polytec Private Limited
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Avolet Polytec Private Limited is a private limited company based in Mysore, Karnataka, India. It operates in the manufacturing segment of the fabrication and metalwork sector. It was incorporated on 19 November 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U28999KA2019PTC129822. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹20 Lakh and a paid-up capital of ₹20 Lakh. It is led by directors including Manikyaraju Nagendra and Manjuprasad Paramesha.
Its last annual general meeting (AGM) was held on 31 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office is at 32/A Iind Stage Industrial Sub Fort Mohalla Mysore South, Karnataka, India – 570008.
As per the financials filed for FY 2020, the company reported a revenue of ₹14.55 Lakh. For the same year it recorded a net loss of ₹2.57 Lakh (net margin -17.7%) and EBITDA of -₹2.46 Lakh (EBITDA margin -16.9%).
Company details
Contact details
Avolet Polytec Private Limited's registered office is in Mysore, Karnataka. Its e-mail address is in the company report.
- Email
- Registered Address32/A Iind Stage Industrial Sub Fort Mohalla Mysore South, Karnataka, India – 570008
- IndustryFabrication, Manufacturing, Metal Fabricated Products
To see the full contact details of Avolet Polytec 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
Business activity
The main business activity of Avolet Polytec is manufacturing. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C8 | Plastic products, non-metallic mineral products, rubber products, fabricated metal products |
To see the full business activity and turnover split of Avolet Polytec Private Limited, buy the company report.
Financials of Avolet Polytec Private Limited
FY 2020 filings availableAvolet Polytec Private Limited reported revenue of ₹14.55 Lakh for FY 2020.
Financial Statement Summary
| Metrics | FY 2019-20 |
|---|---|
| Profit and Loss Statement | |
| Revenue from Operations | |
| Other Income | |
| Total Revenue | ₹14.55 Lakh |
| Cost of Materials Consumed | |
| Employee Benefit Expense | |
| Finance Costs | |
| Depreciation and Amortisation | |
| Other Expenses | |
| Total Expenses | |
| EBITDA | -₹2.46 Lakh |
| Profit Before Tax | |
| Tax Expense | |
| Net Profit (PAT) | -₹2.57 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
| Metrics | FY 2019-20 |
|---|---|
| Profitability | |
| EBITDA Margin | -16.9% |
| Net Profit Margin | -17.7% |
| 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 Avolet Polytec Private Limited, buy the company report.
Board of directors of Avolet Polytec Private Limited
Avolet Polytec has 4 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Manikyaraju Nagendra | Director | 19 Nov 2019 | 6 Years 11 Months | Current |
| Manjuprasad Paramesha Also directs: M and C Enterprises LLP | Director | 19 Nov 2019 | 6 Years 11 Months | Current |
| Chinnappa Paulabhishek Also directs: M and C Enterprises LLP | Director | 19 Nov 2019 | 6 Years 11 Months | Current |
| Chikkatharahalli Chaluve Gowda Gayathri | Director | 19 Nov 2019 | 6 Years 11 Months | Current |
Peer comparison
Avolet Polytec Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| NJ Flow India Private Limited | ₹14.76 Lakh (FY 2024) | -41.0% | Rajkot, Gujarat, India | |||
| Ar Toys & Techniks India Private Limited | ₹14.72 Lakh (FY 2025) | -85.0% | Belgaum, Karnataka, India | |||
| Paragon Safety Locks Private Limited | ₹14.7 Lakh (FY 2020) | -71.0% | Thane, Maharashtra, India | |||
| Ojas Tradevision Private Limited | ₹14.63 Lakh (FY 2022) | Jaipur, Rajasthan, India | ||||
| Disha Arts Private Limited | ₹14.58 Lakh (FY 2018) | -86.0% | Vasai, Maharashtra, India | |||
| Avolet Polytec Private Limitedthis company | ₹14.55 Lakh (FY 2020) | -₹2.57 Lakh | -17.7% | Mysore, Karnataka, India | ||
| Nucrest Eco Solutions Private Limited | ₹14.54 Lakh (FY 2025) | -19.0% | Jaipur, Rajasthan, India | |||
| Perumadam Chemicals and Polymers Private Limited | ₹14.53 Lakh (FY 2025) | 6.0% | Telangana, India | |||
| Shubh Shri Eco Plast Private Limited | ₹14.52 Lakh (FY 2025) | -87.0% | Noida, Uttar Pradesh, India | |||
| Sr Ceramics and Refractories Private Limited | ₹14.51 Lakh (FY 2024) | Bhopal, Madhya Pradesh, India | ||||
| Holywood Composites Private Limited | ₹14.47 Lakh (FY 2025) | 3115.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Avolet Polytec Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Avolet Polytec 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 Avolet Polytec Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Avolet Polytec has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Avolet Polytec Private Limited, buy the company report.
Recent activity
Avolet Polytec Private Limited has 5 board changes on record since 2019: 4 appointments and 1 cessation. The latest: Chikkatharahalli Chaluve Gowda Gayathri ceased to be Director on 22 Feb 2022.
Frequently asked questions
Avolet Polytec is an active private limited company based in Mysore, Karnataka, India. The company works in manufacturing, within the fabrication industry. It was incorporated on 19 November 2019 (7+ years old) and is registered under CIN U28999KA2019PTC129822.
Avolet Polytec has 4 current directors:
- Manikyaraju Nagendra - Director
- Manjuprasad Paramesha - Director
- Chinnappa Paulabhishek - Director
- Chikkatharahalli Chaluve Gowda Gayathri - Director
The latest financial statements of Avolet Polytec on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 31 December 2020. Year-wise statements from FY 2020 are in the company report.
No. Avolet Polytec has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Avolet Polytec is U28999KA2019PTC129822. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Avolet Polytec was incorporated on 19 November 2019, making it 7+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Avolet Polytec by revenue are NJ Flow India Private Limited, Ar Toys & Techniks India Private Limited, Paragon Safety Locks Private Limited, Ojas Tradevision Private Limited, Disha Arts Private Limited and 5 more, all in the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products).
Chikkatharahalli Chaluve Gowda Gayathri ceased to be Director on 22 Feb 2022. Chikkatharahalli Chaluve Gowda Gayathri was appointed as Director on 19 Nov 2019. Chinnappa Paulabhishek was appointed as Director on 19 Nov 2019. Avolet Polytec has 5 board changes on record in total.
The registered office of Avolet Polytec is at 32A Iind Stage Industrial Sub Fort Mohalla Mysore South, Karnataka, India – 570008.
Avolet Polytec operates in the fabrication industry, in the manufacturing segment.
Avolet Polytec can be reached at its registered office: 32A Iind Stage Industrial Sub Fort Mohalla Mysore South, Karnataka, India – 570008.
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