Avs Knit Fab Private Limited
About Avs Knit Fab Private Limited
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Avs Knit Fab Private Limited is a private limited company based in Punjab, India. It operates in the laminated and corrugated packaging segment of the packaging sector. It was incorporated on 05 May 1999 and has been in existence for over 27 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U17115PB1999PTC022533. Its GSTIN is 03AACCA0136A1ZT (Punjab).
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹37.94 Lakh. It is led by directors Aashima Jain and Ekta Jain.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at D 226 Phase Viifocal Point Ludhiana, Punjab, India.
As per the financials filed for FY 2023, the company reported a revenue of ₹55,000, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹9.27 Lakh and EBITDA of -₹51,000 (EBITDA margin -92.7%). Revenue has declined at a compounded annual rate (CAGR) of 85% over three years and 70% over five years.
The company has about 2 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹5.3 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Avs Knit Fab Private Limited's registered office is in Punjab. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressD 226 Phase Viifocal Point Ludhiana, Punjab, India
- IndustryPackaging, Laminated & Corrugated Packaging, Paper
To see the full contact details of Avs Knit Fab 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
Business activity
The main business activity of Avs Knit Fab is manufacturing. In detail, this covers textile, leather and other apparel products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C2 | Textile, leather and other apparel products |
To see the full business activity and turnover split of Avs Knit Fab Private Limited, buy the company report.
Financials of Avs Knit Fab Private Limited
FY 2023 filings availableAvs Knit Fab Private Limited reported revenue of ₹55,000 (up 493% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue rose 493% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 70%. EBITDA rose 53% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| EBITDA | -₹51,000 | ||||
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| Net Profit (PAT) | -₹9.27 Lakh | ||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| EBITDA Margin | -92.7% | ||||
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To see the full financial statements and ratios of Avs Knit Fab Private Limited, buy the company report.
Board of directors of Avs Knit Fab Private Limited
Avs Knit Fab 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 |
|---|---|---|---|---|
| Aashima Jain | Director | 26 Jun 2012 | 14 Years 4 Months | Current |
| Ekta Jain | Director | 05 Mar 2011 | 15 Years 7 Months | Current |
Auditor
Avs Knit Fab Private Limited is audited by ANOOP SINGLA & CO for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ANOOP SINGLA & CO | FY 2017 | 010156N |
Shareholding
The shareholding of Avs Knit Fab Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Avs Knit Fab Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 10 Jan 2017 | 100089251 | Hdfc Bank Limited | ₹2.6 Cr | Open | |
| 11 Apr 2006 | 80020564 | Others | ₹2.65 Cr | Open | |
| 11 Sep 2004 | 90175597 | Bank of India | ₹5 Lakh | Open |
To see the full charge records of Avs Knit Fab Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
No court or tribunal cases involving Avs Knit Fab 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 Avs Knit Fab Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Avs Knit Fab Private Limited has a workforce of 2 employees on its EPFO records as of Mar 31, 2024, across 1 active EPFO establishment.
GST
Avs Knit Fab has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 03AACCA0136A1ZT | Punjab | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Avs Knit Fab Private Limited, buy the company report.
Recent activity
Avs Knit Fab Private Limited has 6 board changes on record since 2011: 2 appointments and 4 cessations. The latest: Aashima Jain ceased to be Additional Director on 29 Sep 2012.
1 earlier event is in the company report.
Frequently asked questions
Avs Knit Fab is an active private limited company based in Punjab, India. The company works in laminated and corrugated packaging, within the packaging industry. It was incorporated on 05 May 1999 (27+ years old) and is registered under CIN U17115PB1999PTC022533.
Avs Knit Fab has 2 current directors:
- Aashima Jain - Director
- Ekta Jain - Director
The latest financial statements of Avs Knit Fab on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from 2015 are in the company report.
The GSTIN of Avs Knit Fab is 03AACCA0136A1ZT, registered in Punjab.
The CIN (Corporate Identification Number) of Avs Knit Fab is U17115PB1999PTC022533. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Avs Knit Fab was incorporated on 05 May 1999, making it 27+ years old. It is registered with the Registrar of Companies, Chandigarh.
Aashima Jain ceased to be Additional Director on 29 Sep 2012. Amit Jain ceased to be Director on 03 Jul 2012. Aashima Jain was appointed as Director on 26 Jun 2012. Avs Knit Fab has 6 board changes on record in total.
The registered office of Avs Knit Fab is at D 226 Phase Viifocal Point Ludhiana, Punjab, India.
Avs Knit Fab operates in the packaging industry, in the laminated and corrugated packaging segment.
Avs Knit Fab has open charges of ₹5.3 Cr and no satisfied charges on record as per latest MCA filings.
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