About Avon Mobility Solutions Private Limited
Data last updated:
Avon Mobility Solutions Private Limited was a private limited company based in New Delhi, Delhi, India, operated as a subsidiary of Nucleus Software Exports Limited. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 15 May 2007.
The company was registered with the Registrar of Companies (ROC), Delhi, under CIN U72900DL2007PTC341409. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹4.1 Cr and a paid-up capital of ₹4.01 Cr. It was led by directors Thomas Zachariah (Managing Director) and Vishnu Rampratap Dusad.
Its last annual general meeting (AGM) was held on 02 July 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office was at 33 – 35 Thyagraj Nagar Market, New Delhi, Delhi, India – 110003.
As per the financials filed for FY 2019, the company reported a revenue of ₹70.91 Lakh, a decline of 42% compared to the previous year. For the same year it recorded a net loss of ₹1.33 Cr (net margin -188%) and EBITDA of -₹1.04 Cr (EBITDA margin -147.2%).
The company had about 10 employees on its provident fund (EPFO) records before it was dissolved.
The company was associated with 1 brand: Avon Mobility. Court records list 1 case involving the company, including 1 filed against it. The company has 7 deals on record (4 funding rounds, 3 secondary share transfers), with disclosed funding of ₹5 Cr; the latest was in July 2018.
The last known website on record is avonmobility.com.
Company details
CIN history
Avon Mobility Solutions has one previous CIN (Corporate Identification Number): U72900TN2007PTC063505. The current CIN is U72900DL2007PTC341409, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U72900DL2007PTC341409 | Current |
| U72900TN2007PTC063505 | Previous |
Contact details
Avon Mobility Solutions Private Limited's registered office is in New Delhi, Delhi. Its website is avonmobility.com. Its e-mail address is in the company report.
- Email
- Website
- Social Media
- Registered Address33 – 35 Thyagraj Nagar Market, New Delhi, Delhi, India – 110003
- IndustryInformation Technology, Application Development & Software Solutions
To see the full contact details of Avon Mobility 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
Avon Mobility Solutions operates one associated brand: Avon Mobility. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Delivers software solutions for the logistics and banking industries. | avonmobility.com |
Business activity
The main business activity of Avon Mobility Solutions is information and communication. In detail, this covers other information & communication service activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service activities |
To see the full business activity and turnover split of Avon Mobility Solutions Private Limited, buy the company report.
Financials of Avon Mobility Solutions Private Limited
FY 2019 filings availableAvon Mobility Solutions Private Limited reported revenue of ₹70.91 Lakh (down 42% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue fell 42% in the latest year. EBITDA fell 143% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
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| EBITDA | -₹1.04 Cr | ||||
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| Net Profit (PAT) | -₹1.33 Cr | ||||
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Financial Ratios
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
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| Profitability | |||||
| EBITDA Margin | -147.2% | ||||
| Net Profit Margin | -188% | ||||
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To see the full financial statements and ratios of Avon Mobility Solutions Private Limited, buy the company report.
Board of directors of Avon Mobility Solutions Private Limited
Avon Mobility 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 |
|---|---|---|---|---|
| Vishnu Rampratap Dusad | Director | 14 Apr 2016 | 10 Years 6 Months | As last reported |
| Thomas Zachariah Also directs: Hundredfold Solutions Private Limited | Managing Director | 15 May 2007 | 19 Years 5 Months | As last reported |
Auditor
Avon Mobility Solutions Private Limited is audited by B S R and Associates LLP for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| B S R and Associates LLP | FY 2018 | 116231W/W100024 |
Shareholding
The shareholding of Avon Mobility Solutions Private Limited is on record for 4 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 | FY 2015 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Avon Mobility Solutions Private Limited, buy the company report.
Deals & funding
Avon Mobility Solutions Private Limited has 7 deals on record (4 funding rounds, 3 secondary share transfers), with disclosed funding of ₹5 Cr; the latest was in July 2018.
Deals on record (4 of 7)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jul 2018 | Secondary share transfer | Undisclosed | Buyer: Nucleus Software Exports Limited & Anil Kumar, Nucleus Software Exports Limited & Anurag Bhatia, Nucleus Software Exports Limited & Poonam Bhasin Seller: Nucleus Software Exports Limited , 2 individuals |
| Mar 2016 | Secondary share transfer | Undisclosed | Buyer: Nucleus Software Exports Limited Seller: 3 individuals |
| Mar 2008 | Funding round | ₹1 Cr | Investors: an individual |
| Aug 2007 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
To see the full deal history of Avon Mobility Solutions Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Avon Mobility Solutions Private Limited has 1 court case on record: 1 filed against it. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Chennai, Tamil Nadu | Civil suit | Filed against the company by Bay Talkitec Pvt Ltd | Disposed |
To see the full case history of Avon Mobility 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 Avon Mobility Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Avon Mobility Solutions 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 Avon Mobility Solutions Private Limited, buy the company report.
Recent activity
Avon Mobility Solutions Private Limited has 6 board changes on record since 2007: 2 appointments and 4 cessations. The latest: Kalyanasundaram Krishna Kumar ceased to be Director on 29 Oct 2019.
Frequently asked questions
Avon Mobility Solutions has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Avon Mobility Solutions was a private limited company based in New Delhi, Delhi, India. The company worked in application development and software solutions, within the information technology industry. It was incorporated on 15 May 2007 and is registered under CIN U72900DL2007PTC341409. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Avon Mobility Solutions was incorporated on 15 May 2007. It is registered with the Registrar of Companies, Delhi.
Avon Mobility Solutions had 2 directors:
- Thomas Zachariah - Managing Director
- Vishnu Rampratap Dusad - Director
The CIN (Corporate Identification Number) of Avon Mobility Solutions is U72900DL2007PTC341409. 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 Avon Mobility Solutions is at 33 – 35 Thyagraj Nagar Market, New Delhi, Delhi, India – 110003.
Avon Mobility Solutions can be reached through the website avonmobility.com. Its registered office is in New Delhi, Delhi, India.
The latest financial statements of Avon Mobility Solutions on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 02 July 2019. Year-wise statements from 2015 are in the company report.
No. Avon Mobility Solutions has 1 GST registration on record and it is cancelled or inactive.
Avon Mobility Solutions operated in the information technology industry, in the application development and software solutions segment.