Avontec Automation Private Limited

Avontec Automation Private Limited - consumer electronics & durables in Pune, Maharashtra, India. FY 2026 financials & compliance.
CIN U31100MH1985PTC037979 Incorporated 06 November 1985 ROC Pune HQ Pune, Maharashtra, India
Active Private Limited Company consumer electronics and durables MSME · Micro
Data last updated
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 of Avontec Automation Private Limited
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 of Avontec Automation Private Limited

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 NameStatus
Avontec Automation Private LimitedCurrent
Lectrotek Systems Private LimitedPrevious
Lectrotek Systems (Pune) Private LimitedPrevious

CIN History of Avontec Automation Private Limited

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.

CINStatus
U31100MH1985PTC037979Current
U29304MH1985PTC037979Previous

Recognitions & Rankings of Avontec Automation

MSME (Udyam registered) Ministry of MSME
Category
Micro (2024-25)
Udyam number
UDYAM-MH-26-0049334
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Social Media
  • Registered Address
    Plot No. Pap – G – 70 MIDC Phase III Chakan Industrial Area Village Kuruli Ta, Luka Khed, Pune, Maharashtra, India – 410501
  • Industry
    Consumer Electronics & Durables, Electronics Manufacturing
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Financials, compliance, directors, charges, ownership and filings for Avontec Automation Private Limited in one report.

Financials from 2015 Directors & ownership Charges & compliance

Business Activity of Avontec Automation Private Limited

The main business activity of Avontec Automation is manufacturing. In detail, this covers computer, electronic, communication and scientific measuring & control equipment.

Main Activity Group CodeDescription of Main ActivityBusiness Activity CodeDescription of Business ActivityTurnover Percentage
CManufacturingC9Computer, electronic, Communication and scientific measuring & control equipmentLocked
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Business activity turnover details

Turnover share and past changes in activity are in the company report.

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Financials of Avontec Automation Private Limited FY 2019 filings available

Avontec 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) of Avontec Automation Private Limited

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 of Avontec Automation Private Limited

MetricsFY 2018-19FY 2017-18FY 2016-17FY 2015-16FY 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 of Avontec Automation Private Limited

MetricsFY 2018-19FY 2017-18FY 2016-17FY 2015-16FY 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••••••••••••••••••••

Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Avontec Automation are in the company report.

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Financial statements from 2015

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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
NameDesignationAppointment DateTenureStatus
Ravinderkaur Vinayak SavadiDirector16 Feb 20197 Years 8 MonthsCurrent
Ameet Ramakrishna NidmartyDirector26 Sep 201610 Years 0 MonthsCurrent
Uma NidmartyDirector09 Aug 201610 Years 2 MonthsCurrent

Peer Comparison of Avontec Automation Private Limited

Avontec Automation Private Limited is compared with the companies closest to it by revenue in the Consumer Durables industry (Automation, Electronic Appliances Manufacturing). Net profit, margin and employee counts of each company are in the company report.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Rupal Distributors Private Limited₹1.94 Cr (FY 2025)••••••••-32.0%••••Kolkata, West Bengal, India
Escozor Automation Private Limited₹1.94 Cr (FY 2025)••••••••-6.0%••••Gandhinagar, Gujarat, India
Beta Three Electronics India Private Limited₹1.93 Cr (FY 2024)••••••••0.0%••••New Delhi, Delhi, India
Iota Automation Private Limited₹1.93 Cr (FY 2024)••••••••0.0%••••Chennai, Tamil Nadu, India
Bio Clean Integrated Air System Private Limited₹1.93 Cr (FY 2025)••••••••91.0%••••Navi Mumbai, Maharashtra, India
Avontec Automation Private Limited this company₹1.93 Cr (FY 2019)••••••••38.0%••••Pune, Maharashtra, India
Chandi Batteries Private Limited₹1.93 Cr (FY 2025)••••••••114.0%••••Phillaur, Punjab, India
Mikro Zone Technologies Private Limited₹1.92 Cr (FY 2025)••••••••-4.0%••••Tamil Nadu, India
Samtech Electronics Technologies Private Limited₹1.92 Cr (FY 2025)••••••••-49.0%••••Ghaziabad, Uttar Pradesh, India
Aaudible Technologies Private Limited₹1.92 Cr (FY 2025)••••••••-58.0%••••Chennai, Tamil Nadu, India
Paryana Automation Private Limited₹1.92 Cr (FY 2025)••••••••-32.0%••••Mumbai, Maharashtra, India

Peers are the five companies nearest above and the five nearest below Avontec Automation by revenue in the Consumer Durables industry (Automation, Electronic Appliances Manufacturing), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.

Auditor Details of Avontec Automation Private Limited

Avontec Automation Private Limited is audited by KARAN KUDALE & ASSOCIATES for the financial year 2019.

NameStatusAppointment DateCessation Date
KARAN KUDALE & ASSOCIATESLockedLockedLocked
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Ownership and Shareholding of Avontec Automation Private Limited

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Charges & Borrowings of Avontec Automation Private Limited

Open charges
None
Satisfied charges
₹90.5 Lakh
Breakdown by lending institutions
State Bank of India₹0.79 Cr
Anz Grindlays Bank Plc₹0.12 Cr
Latest charge details
DateLenderAmountStatus
04 Apr 2009State Bank of India₹40 LakhSatisfied
04 Apr 2002State Bank of India₹20 LakhSatisfied
01 Oct 1992Anz Grindlays Bank Plc₹11.5 LakhSatisfied
09 Jan 1987State Bank of India₹5 LakhSatisfied
02 Dec 1986State Bank of India₹14 LakhSatisfied

Total charge records: 5 View all charges

Employees and EPFO Compliance at Avontec Automation Private Limited

Avontec Automation Private Limited has a workforce of 8 employees as of Mar 29, 2024.

Employee count
8
Active EPFO establishments
1
Employee growth
14.29%
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Employee and EPFO history

Monthly headcount, contribution history and filing status are in the company report.

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Recent Activity on Avontec Automation Private Limited

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 listed in the company report.

Credit Ratings, Litigation & Regulatory Alerts for Avontec Automation Private Limited

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MSME Payment Delays by Avontec Automation Private Limited

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Subsidiaries & Group Companies of Avontec Automation Private Limited

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GST Compliance of Avontec Automation Private Limited

Avontec Automation has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
27AAACL3200C1ZBMaharashtraActive01 Jul 2017
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MCA Filings & Documents of Avontec Automation Private Limited

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Frequently Asked Questions about Avontec Automation Private Limited

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 reported revenue of ₹1.93 Cr for FY 2019 (up 38% YoY).

Avontec Automation has 3 current directors:

Avontec Automation reported a net loss of ₹55.86 Lakh (net margin -29%) and EBITDA of -₹25.29 Lakh (EBITDA margin -13.1%) for FY 2019, as per its filed financial statements.

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.

The peers of Avontec Automation by revenue are Rupal Distributors Private Limited, Escozor Automation Private Limited, Beta Three Electronics India Private Limited, Iota Automation Private Limited, Bio Clean Integrated Air System Private Limited and 5 more, all in the Consumer Durables industry (Automation, Electronic Appliances Manufacturing).

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).

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