Avs Equiserve Limited - financial services in Ahmedabad, Gujarat, India. MCA registration details.
CIN U67120GJ2010PLC061553 Incorporated 13 July 2010 ROC Ahmedabad HQ Ahmedabad, Gujarat, India
Converted to LLP Public Limited Company financial services
Data last updated
Revenue · FY 2016
₹22.8 Lakh
▼ 47% YoY
Net loss · FY 2016
₹3.48 Lakh
Net margin -15.3%
EBITDA · FY 2016
-₹1.48 Lakh
EBITDA margin -6.5%
Authorised capital
₹30 Lakh
Registered with MCA
Paid-up capital
₹5 Lakh
Issued & subscribed
Company age
16 yrs
Est. 2010
Last financials
Mar 2016
Balance sheet date
Last AGM
30 Sep 2016
Annual general meeting

About Avs Equiserve Limited

Data last updated:

Avs Equiserve Limited was a public limited company based in Ahmedabad, Gujarat, India. The company has been converted to a Limited Liability Partnership (LLP) and no longer exists as a company. For the latest details, refer to the successor LLP. It operated in the brokerage and trading services segment of the financial services sector. It was incorporated on 13 July 2010.

The company was registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U67120GJ2010PLC061553.

The company had an authorised share capital of ₹30 Lakh and a paid-up capital of ₹5 Lakh.

Its last annual general meeting (AGM) was held on 30 September 2016, and its latest financial statements are for the year ended 31 March 2016. The registered office was at 64/2 Hirabhai Market Diwan Ballubhai School Road, Ahmedabad, Gujarat, India – 380022.

As per the financials filed for FY 2016, the company reported a revenue of ₹22.8 Lakh, a decline of 47% compared to the previous year. For the same year it recorded a net loss of ₹3.48 Lakh (net margin -15.3%) and EBITDA of -₹1.48 Lakh (EBITDA margin -6.5%).

Company details

CIN U67120GJ2010PLC061553
Registration Number 061553
Incorporation Date 13 July 2010
ROC Ahmedabad
Listing Status Unlisted
Company Status Converted to LLP
Date of Last AGM 30 September 2016
Date of Balance Sheet 31 March 2016

Contact details

Avs Equiserve Limited's registered office is in Ahmedabad, Gujarat. Its e-mail address is in the company report.

  • Email
  • Registered Address
    64/2 Hirabhai Market Diwan Ballubhai School Road, Ahmedabad, Gujarat, India – 380022
  • Industry
    Financial Services, Brokerage & Trading Services

To see the full contact details of Avs Equiserve Limited, buy the company report.

Comprehensive company report
Avs Equiserve 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 Avs Equiserve is financial and insurance service. In detail, this covers other financial activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
KFinancial and insurance ServiceK8Other financial activities

To see the full business activity and turnover split of Avs Equiserve Limited, buy the company report.

Financials of Avs Equiserve Limited

FY 2016 filings available

Avs Equiserve Limited reported revenue of ₹22.8 Lakh (down 47% YoY) for FY 2016.

Revenue · FY 2016
₹22.8 Lakh ▼ 47%
Net loss · FY 2016
₹3.48 Lakh margin -15.3%
EBITDA · FY 2016
-₹1.48 Lakh margin -6.5%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 47%
EBITDA CAGR growth
1 year
▼ 196%

Revenue fell 47% in the latest year. EBITDA fell 196% in the latest year. All are worked out from the filed statements.

Financial Statement Summary

MetricsFY 2015-16FY 2014-15
Profit and Loss Statement
Revenue from Operations₹22.8 Lakh
Other Income
Total Revenue
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA-₹1.48 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹3.48 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

MetricsFY 2015-16FY 2014-15
Profitability
EBITDA Margin-6.5%
Net Profit Margin-15.3%
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 Avs Equiserve Limited, buy the company report.

Board of directors of Avs Equiserve Limited

Avs Equiserve has 3 former directors on record and no current directors listed.

Auditor

Avs Equiserve Limited is audited by MEHTA LODHA & CO for the financial year 2016.

Auditor firmFinancial yearFirm registration number
MEHTA LODHA & COFY 2016106250W

Shareholding

The shareholding of Avs Equiserve Limited is on record for FY 2016, split between promoters, domestic institutions, public shareholders and others.

Shareholder categoryFY 2016
Promoters
Domestic institutional investors (DII)
Public
Others

To see the full shareholding pattern of Avs Equiserve Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Avs Equiserve Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

No GST registration is on our record for Avs Equiserve Limited; the GSTIN and return-filing check is in the company report Buy the company report.

Recent activity

Avs Equiserve Limited has 3 board changes on record since 2017: 0 appointments and 3 cessations. The latest: Arvindkumar Sancheti ceased to be Director on 01 Mar 2017.

Ceased
Arvindkumar Sancheti ceased to be Director.
Ceased
Lalit Kumar Dugar ceased to be Director.
Ceased
Sarita Arvind Sancheti ceased to be Director.
AGM
Avs Equiserve Limited last Annual general meeting of members was held on 30 Sep 2016 as per latest MCA records.
Filing
Avs Equiserve Limited has filed its annual Financial statements for the year ended 31 Mar 2016 with Roc Ahmedabad.
Incorporation
13 Jul 2010
Avs Equiserve Limited was registered on 13 Jul 2010 with Roc Ahmedabad & aged 16 years 3 months as per MCA records.

Frequently asked questions

Avs Equiserve has been "Converted to LLP" - the business changed its legal structure from a company to a Limited Liability Partnership. The original company no longer exists in its previous form. For the latest information, refer to the successor LLP entity registered with MCA.

Avs Equiserve was a public limited company based in Ahmedabad, Gujarat, India. The company worked in brokerage and trading services, within the financial services industry. It was incorporated on 13 July 2010 and is registered under CIN U67120GJ2010PLC061553. For the latest details, refer to the successor LLP entity.

The CIN (Corporate Identification Number) of Avs Equiserve is U67120GJ2010PLC061553. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Avs Equiserve was incorporated on 13 July 2010. It is registered with the Registrar of Companies, Ahmedabad.

The registered office of Avs Equiserve is at 642 Hirabhai Market Diwan Ballubhai School Road, Ahmedabad, Gujarat, India – 380022.

The latest financial statements of Avs Equiserve on record with the MCA are for the year ended 31 March 2016. Its last annual general meeting was held on 30 September 2016. Year-wise statements from 2015 are in the company report.

Avs Equiserve operated in the financial services industry, in the brokerage and trading services segment.

Arvindkumar Sancheti ceased to be Director on 01 Mar 2017. Lalit Kumar Dugar ceased to be Director on 01 Mar 2017. Sarita Arvind Sancheti ceased to be Director on 01 Mar 2017.

Avs Equiserve can be reached at its registered office: 642 Hirabhai Market Diwan Ballubhai School Road, Ahmedabad, Gujarat, India – 380022.

Avs Equiserve is registered under the jurisdiction of the Registrar of Companies (ROC), Ahmedabad.