MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-TN-02-0023074
Avon Seals Private Limited - machinery and equipment in Chennai, Tamil Nadu, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹45.36 Cr
▲ 15% YoY
Net profit · FY 2024
₹8.96 Cr
Net margin 19.8%
EBITDA · FY 2024
₹12.67 Cr
EBITDA margin 27.9%
Authorised capital
₹1.1 Cr
Registered with MCA
Paid-up capital
₹1.07 Cr
Issued & subscribed
Open charges
₹14.86 Cr
Secured borrowings
Company age
29 yrs
Est. 1997
Employees · EPFO
231
Provident fund records
About Avon Seals Private Limited
Data last updated:
Avon Seals Private Limited is a private limited company based in Chennai, Tamil Nadu, India. It operates in the industrial tools and components segment of the machinery and industrial equipment sector. It was incorporated on 16 April 1997 and has been in existence for over 29 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U25199TN1997PTC037975. Its GSTIN is 33AACCA9892M1Z4 (Tamil Nadu).
The company has an authorised share capital of ₹1.1 Cr and a paid-up capital of ₹1.07 Cr. It is led by directors including Gireeshan Amban Nelliat (Managing Director) and Meena Gireeshan Chambra Dayaroth.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at G – 2 Ambattur Industrial Estate, Chennai, Tamil Nadu, India – 600058.
As per the financials filed for FY 2024, the company reported a revenue of ₹45.36 Cr, a growth of 15% compared to the previous year. For the same year it recorded a net profit of ₹8.96 Cr (net margin 19.8%) and EBITDA of ₹12.67 Cr (EBITDA margin 27.9%). Revenue has grown at a compounded annual rate (CAGR) of 11% over three years and 7% over five years.
The company has about 231 employees on its provident fund (EPFO) records. Its group structure includes 3 subsidiaries.
The company is associated with 1 brand: Avon Seals. As per MCA filings, the company has open charges of ₹14.86 Cr on record.
Avon Seals Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-02-0023074). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website avonseals.com.
Company details
CIN U25199TN1997PTC037975
Registration Number 037975
Incorporation Date 16 April 1997
ROC Chennai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-TN-02-0023074
Key People
Gireeshan Amban Nelliat Managing Director Meena Gireeshan Chambra Dayaroth Director Vadakketh Radhakrishnan Director Recognitions & Rankings of Avon Seals
Contact details
Avon Seals Private Limited's registered office is in Chennai, Tamil Nadu. Its website is avonseals.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressG – 2 Ambattur Industrial Estate, Chennai, Tamil Nadu, India – 600058
- IndustryMachinery and Equipment, Industrial Tools & Components
To see the full contact details of Avon Seals Private Limited, buy the company report.
Comprehensive company report
Avon Seals Private Limited - one report that includes everything
- 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Brands
Avon Seals operates one associated brand: Avon Seals. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Mechanical seals manufacturing for agriculture, automotive, and domestic pumps in India. | avonseals.com |
Business activity
The main business activity of Avon Seals 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 Avon Seals Private Limited, buy the company report.
Financials of Avon Seals Private Limited
FY 2024 filings availableAvon Seals Private Limited reported revenue of ₹45.36 Cr (up 15% YoY) for FY 2024.
Revenue · FY 2024
₹45.36 Cr ▲ 15%
Net profit · FY 2024
₹8.96 Cr margin 19.8%
EBITDA · FY 2024
₹12.67 Cr margin 27.9%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 15%
3 years · compounded
▲ 11%
5 years · compounded
▲ 7%
EBITDA CAGR growth
1 year
▲ 21%
3 years · compounded
▲ 15%
5 years · compounded
▲ 11%
Revenue has grown at a compounded annual rate (CAGR) of 7% over five years, including 15% growth in the latest year. EBITDA rose 21% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹12.67 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹8.96 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 27.9% | ||||
| Net Profit Margin | 19.8% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Avon Seals Private Limited, buy the company report.
Board of directors of Avon Seals Private Limited
Avon Seals has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Meena Gireeshan Chambra Dayaroth | Director | 02 Apr 2001 | 25 Years 6 Months | Current |
| Vadakketh Radhakrishnan | Director | 02 Apr 2001 | 25 Years 6 Months | Current |
| Gireeshan Amban Nelliat Also directs: Airflow Engineers Private Limited, Buttwelded Tools Private Limited, Airflow Projects Services Private Limited and 1 more | Managing Director | 02 Apr 2001 | 25 Years 6 Months | Current |
Auditor
Avon Seals Private Limited is audited by M. R. Ramachandran & Co for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M. R. Ramachandran & Co | FY 2023 | 002873S |
Shareholding
The shareholding of Avon Seals Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Avon Seals Private Limited, buy the company report.
Charges & borrowings
Open charges
₹14.86 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 14 Mar 2024 | 100883835 | Canara Bank | ₹1.92 Cr | Open | |
| 22 Nov 2021 | 100512111 | Canara Bank | ₹37 Lakh | Open | |
| 06 Jun 2020 | 100355221 | Canara Bank | ₹25 Lakh | Open | |
| 30 Nov 2012 | 10391945 | Canara Bank | ₹7.25 Cr | Open | |
| 24 Apr 2012 | 10356749 | Canara Bank | ₹7.5 Lakh | Open |
To see the full charge records of Avon Seals Private Limited, buy the company report.
Total charge records: 8 View all charges
Legal cases
No court or tribunal cases involving Avon Seals 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 Avon Seals Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Avon Seals has 3 subsidiary companies. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
3
Subsidiary companies
Key subsidiaries
| Company Name | CIN | Shares held |
|---|---|---|
| Airflow Engineers Private Limited | U27200TN1975PTC006950 | |
| Buttwelded Tools Private Limited | U28939TN1979PTC007737 | |
| Airflow Projects Services Private Limited | U33112TN1981PTC008889 |
To see the full group structure of Avon Seals Private Limited, buy the company report.
Employees & EPFO
Avon Seals Private Limited has a workforce of 231 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
Employee count
231
Active EPFO establishments
1
Employee growth
-4.94%
GST
Avon Seals has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AACCA9892M1Z4 | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Avon Seals Private Limited, buy the company report.
Recent activity
Avon Seals Private Limited has 4 board changes on record since 2001: 3 appointments and 1 cessation. The latest: Sai Sathya Kumar Kunnath ceased to be Director on 22 Oct 2007.
AGM
Avon Seals Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Avon Seals Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.
Charges
A charge with Canara Bank amounted to Rs. 1.92 Cr with Charge ID 100883835 was registered on 14 Mar 2024.
Charges
A charge with Canara Bank amounted to Rs. 0.37 Cr with Charge ID 100512111 was registered on 22 Nov 2021.
Charges
A charge with Canara Bank amounted to Rs. 0.25 Cr with Charge ID 100355221 was registered on 06 Jun 2020.
Charges
A charge with Canara Bank of Rs. 3.39 Cr registered on 27 Apr 2001 with Charge ID 90290266 was modified on 03 Oct 2018.
Charges
A charge with Canara Bank of Rs. 7.25 Cr registered on 30 Nov 2012 with Charge ID 10391945 was modified on 14 Jun 2017.
Charges
A charge with Canara Bank amounted to Rs. 7.25 Cr with Charge ID 10391945 was registered on 30 Nov 2012.
Charges
A charge with Canara Bank amounted to Rs. 0.08 Cr with Charge ID 10356749 was registered on 24 Apr 2012.
Charges
A charge with Canara Bank of Rs. 1.54 Cr registered on 27 Apr 2001 with Charge ID 90285982 was modified on 18 Jan 2008.
Ceased
Sai Sathya Kumar Kunnath ceased to be Director.
Charges
A charge with Canara Bank amounted to Rs. 0.06 Cr with Charge ID 10074869 was registered on 18 Aug 2007.
6 earlier events are in the company report.
Frequently asked questions
Avon Seals is an active private limited company based in Chennai, Tamil Nadu, India. The company works in industrial tools and components, within the machinery and equipment industry. It was incorporated on 16 April 1997 (29+ years old) and is registered under CIN U25199TN1997PTC037975.
Avon Seals has 3 current directors:
- Gireeshan Amban Nelliat - Managing Director
- Meena Gireeshan Chambra Dayaroth - Director
- Vadakketh Radhakrishnan - Director
The latest financial statements of Avon Seals on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Avon Seals is 33AACCA9892M1Z4, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Avon Seals is U25199TN1997PTC037975. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Avon Seals was incorporated on 16 April 1997, making it 29+ years old. It is registered with the Registrar of Companies, Chennai.
Sai Sathya Kumar Kunnath ceased to be Director on 22 Oct 2007. Gireeshan Amban Nelliat was appointed as Managing Director on 02 Apr 2001. Meena Gireeshan Chambra Dayaroth was appointed as Director on 02 Apr 2001. Avon Seals has 4 board changes on record in total.
Yes, Avon Seals is registered as a small enterprise under Udyam registration (number: UDYAM-TN-02-0023074).
Avon Seals can be reached through the website avonseals.com. Its registered office is in Chennai, Tamil Nadu, India.
The registered office of Avon Seals is at G – 2 Ambattur Industrial Estate, Chennai, Tamil Nadu, India – 600058.