MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MH-26-0049334
Avontec Automation Private Limited - consumer electronics & durables in Pune, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2019
₹1.93 Cr
▲ 38% YoY
Net loss · FY 2019
₹55.86 Lakh
Net margin -29%
EBITDA · FY 2019
-₹25.29 Lakh
EBITDA margin -13.1%
Authorised capital
₹1 Cr
Registered with MCA
Paid-up capital
₹50.55 Lakh
Issued & subscribed
Satisfied charges
₹90.5 Lakh
No open charges
Company age
41 yrs
Est. 1985
Employees · EPFO
8
Provident fund records
About Avontec Automation Private Limited
Data last updated:
Avontec Automation Private Limited is a private limited company based in Pune, Maharashtra, India. It operates in the electronics manufacturing segment of the consumer electronics and durables sector. It was incorporated on 06 November 1985 and has been in existence for over 41 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U31100MH1985PTC037979. Its GSTIN is 27AAACL3200C1ZB (Maharashtra).
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹50.55 Lakh. It was formerly known as Lectrotek Systems Private Limited and Lectrotek Systems (Pune) Private Limited. It is led by directors including Ravinderkaur Vinayak Savadi and Ameet Ramakrishna Nidmarty.
Its last annual general meeting (AGM) was held on 20 February 2020, and its latest financial statements are for the year ended 31 March 2019. The registered office is at Pune, Maharashtra.
As per the financials filed for FY 2019, the company reported a revenue of ₹1.93 Cr, a growth of 38% compared to the previous year. For the same year it recorded a net loss of ₹55.86 Lakh (net margin -29%) and EBITDA of -₹25.29 Lakh (EBITDA margin -13.1%).
The company has about 8 employees on its provident fund (EPFO) records.
As per MCA filings, the company has satisfied charges of ₹90.5 Lakh on record. Court records list 15 cases involving the company, including 5 filed by the company and 10 filed against it; 3 cases are pending.
Avontec Automation Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-26-0049334). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website avontec.com.
Company details
CIN U31100MH1985PTC037979
Registration Number 037979
Incorporation Date 06 November 1985
ROC Pune
Listing Status Unlisted
Company Status Active
Date of Last AGM 20 February 2020
Date of Balance Sheet 31 March 2019
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-MH-26-0049334
Name history
Avontec Automation has undergone 2 name changes throughout its history. The company was previously known as Lectrotek Systems Private Limited, and Lectrotek Systems (Pune) Private Limited. The current legal name is Avontec Automation Private Limited.
| Company Name | Status |
|---|---|
| Avontec Automation Private Limited | Current |
| Lectrotek Systems Private Limited | Previous |
| Lectrotek Systems (Pune) Private Limited | Previous |
CIN history
Avontec Automation has one previous CIN (Corporate Identification Number): U29304MH1985PTC037979. The current CIN is U31100MH1985PTC037979, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U31100MH1985PTC037979 | Current |
| U29304MH1985PTC037979 | Previous |
Key People
Ravinderkaur Vinayak Savadi Director Ameet Ramakrishna Nidmarty Director Uma Nidmarty Director Recognitions & Rankings of Avontec Automation
Contact details
Avontec Automation Private Limited's registered office is in Pune, Maharashtra. Its website is avontec.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressPlot No. Pap – G – 70 MIDC Phase III Chakan Industrial Area Village Kuruli Ta, Luka Khed, Pune, Maharashtra, India – 410501
- IndustryConsumer Electronics & Durables, Electronics Manufacturing
To see the full contact details of Avontec Automation Private Limited, buy the company report.
Comprehensive company report
Avontec Automation 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
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Business activity
The main business activity of Avontec Automation is manufacturing. In detail, this covers computer, electronic, communication and scientific measuring & control equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C9 | Computer, electronic, Communication and scientific measuring & control equipment |
To see the full business activity and turnover split of Avontec Automation Private Limited, buy the company report.
Financials of Avontec Automation Private Limited
FY 2019 filings availableAvontec Automation Private Limited reported revenue of ₹1.93 Cr (up 38% YoY) for FY 2019.
Revenue · FY 2019
₹1.93 Cr ▲ 38%
Net loss · FY 2019
₹55.86 Lakh margin -29%
EBITDA · FY 2019
-₹25.29 Lakh margin -13.1%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 38%
EBITDA CAGR growth
1 year
▲ 1%
Revenue rose 38% in the latest year. EBITDA rose 1% 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹1.93 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹25.29 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹55.86 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 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -13.1% | ||||
| Net Profit Margin | -29% | ||||
| 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 Avontec Automation Private Limited, buy the company report.
Board of directors of Avontec Automation Private Limited
Avontec Automation has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ravinderkaur Vinayak Savadi | Director | 16 Feb 2019 | 7 Years 8 Months | Current |
| Ameet Ramakrishna Nidmarty Also directs: Arusan Automation Private Limited, Qodearis Private Limited, Arusan Consulting Private Limited and 1 more | Director | 26 Sep 2016 | 10 Years 0 Months | Current |
| Uma Nidmarty Also directs: Hiit80 Fitness Zone Training Private Limited | Director | 09 Aug 2016 | 10 Years 2 Months | Current |
Auditor
Avontec Automation Private Limited is audited by KARAN KUDALE & ASSOCIATES for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| KARAN KUDALE & ASSOCIATES | FY 2019 | 137308W |
Shareholding
The shareholding of Avontec Automation Private Limited is on record for 5 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | 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 Avontec Automation Private Limited, buy the company report.
Charges & borrowings
Open charges
None
Satisfied charges
₹90.5 Lakh
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 04 Apr 2009 | 10154565 | State Bank of India | ₹40 Lakh | Satisfied | |
| 04 Apr 2002 | 90082789 | State Bank of India | ₹20 Lakh | Satisfied | |
| 01 Oct 1992 | 90083900 | Anz Grindlays Bank Plc | ₹11.5 Lakh | Satisfied | |
| 09 Jan 1987 | 90087584 | State Bank of India | ₹5 Lakh | Satisfied | |
| 02 Dec 1986 | 90087583 | State Bank of India | ₹14 Lakh | Satisfied |
To see the full charge records of Avontec Automation Private Limited, buy the company report.
Total charge records: 5 View all charges
Legal cases
Avontec Automation Private Limited has 15 court cases on record: 5 filed by Avontec Automation, 10 filed against it. 3 cases are pending and 12 are disposed.
Total cases
15
Filed by the company
5
Filed against the company
10
Pending
3
Disposed
12
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 9 | 6 | 1 |
| District courts | 5 | 3 | 2 |
| Supreme Court | 1 | 1 | 0 |
Cases on record (5 of 15)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Pune, Maharashtra | Civil suit | Filed against the company by Sunrise Machination LLP Through Partner Dhanpat Sheth | Disposed |
| District court, Pune, Maharashtra | Civil suit | Filed by the company against M/S Sunrise Machination, LLP Through and 2 others | Disposed |
| High Court, MAHARASHTRA | Court case (COARP) | Filed by the company against Ravon Engineering India Pvt Ltd and 2 others | Disposed |
| District court, Pune, Maharashtra | Civil suit | Filed against the company by M/S. Udyen Jain and Associates Through Udyen Jain | Pending |
| District court, Pune, Maharashtra | Commercial suit | Filed against the company by an individual | Pending |
To see the full case history of Avontec Automation 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 Avontec Automation Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Avontec Automation Private Limited has a workforce of 8 employees on its EPFO records as of Mar 29, 2024, across 1 active EPFO establishment.
Employee count
8
Active EPFO establishments
1
Employee growth
14.29%
GST
Avontec Automation has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACL3200C1ZB | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Avontec Automation Private Limited, buy the company report.
Recent activity
Avontec Automation Private Limited has 7 board changes on record since 2010: 3 appointments and 4 cessations. The latest: Ramakrishna Nidmarty ceased to be Director on 22 Feb 2019.
AGM
Avontec Automation Private Limited last Annual general meeting of members was held on 20 Feb 2020 as per latest MCA records.
Charges
A charge registered on 04 Apr 2009 via Charge ID 10154565 with State Bank Of India was fully satisfied on 03 Sep 2019.
Charges
A charge registered on 04 Apr 2002 via Charge ID 90082789 with State Bank Of India was fully satisfied on 03 Sep 2019.
Charges
A charge registered on 09 Jan 1987 via Charge ID 90087584 with State Bank Of India was fully satisfied on 03 Sep 2019.
Charges
A charge registered on 02 Dec 1986 via Charge ID 90087583 with State Bank Of India was fully satisfied on 03 Sep 2019.
Filing
Avontec Automation Private Limited has filed its annual Financial statements for the year ended 31 Mar 2019 with Roc Pune.
Ceased
Ramakrishna Nidmarty ceased to be Director.
Appointed
Ravinderkaur Vinayak Savadi was appointed as Director.
Ceased
Subbalaxmi Nidmarty ceased to be Director.
Ceased
Uma Nidmarty ceased to be Additional Director.
Appointed
Ameet Ramakrishna Nidmarty was appointed as Director.
Appointed
Uma Nidmarty was appointed as Director.
10 earlier events are in the company report.
Frequently asked questions
Avontec Automation is an active private limited company based in Pune, Maharashtra, India. The company works in electronics manufacturing, within the consumer electronics and durables industry. It was incorporated on 06 November 1985 (41+ years old) and is registered under CIN U31100MH1985PTC037979.
Avontec Automation has 3 current directors:
- Ravinderkaur Vinayak Savadi - Director
- Ameet Ramakrishna Nidmarty - Director
- Uma Nidmarty - Director
The latest financial statements of Avontec Automation on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 20 February 2020. Year-wise statements from 2015 are in the company report.
The GSTIN of Avontec Automation is 27AAACL3200C1ZB, registered in Maharashtra.
The CIN (Corporate Identification Number) of Avontec Automation is U31100MH1985PTC037979. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Avontec Automation has 15 court cases on record: 5 filed by the company and 10 filed against it. 3 are pending. Most are in the high courts.
Avontec Automation was incorporated on 06 November 1985, making it 41+ years old. It is registered with the Registrar of Companies, Pune.
Ramakrishna Nidmarty ceased to be Director on 22 Feb 2019. Ravinderkaur Vinayak Savadi was appointed as Director on 16 Feb 2019. Subbalaxmi Nidmarty ceased to be Director on 01 Nov 2017. Avontec Automation has 7 board changes on record in total.
Yes, Avontec Automation is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-26-0049334).
Avontec Automation can be reached through the website avontec.com. Its registered office is in Pune, Maharashtra, India.