About Avteg Private Limited
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Avteg Private Limited is a private limited company based in Gurgaon, Haryana, India. It operates in the vocational and skill development training segment of the education sector. It was incorporated on 04 November 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Haryana, under CIN U93000HR2011PTC044244. Its GSTIN is 06AAJCA9572B1ZO (Haryana).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹2.24 Lakh. It was formerly known as Australian Vocational Training and Employment Group Private Limited. It is led by directors Pushpinder Singh and Vineet Kumar Bhati.
Its last annual general meeting (AGM) was held on 29 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office is at Plot No. 105 Basement Sector – 44 Gurgaon, Haryana, India – 122003.
As per the financials filed for FY 2018, the company reported a revenue of ₹7.32 Cr, a growth of 86% compared to the previous year. For the same year it recorded a net profit of ₹20.68 Lakh (net margin 2.8%) and EBITDA of ₹61.53 Lakh (EBITDA margin 8.4%). Revenue has grown at a compounded annual rate (CAGR) of 58% over three years.
The company has about 2 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹57.2 Lakh on record. Court records list 5 cases involving the company, including 5 filed against it; 2 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website avteg.org.
Company details
Contact details
Avteg Private Limited's registered office is in Gurgaon, Haryana. Its website is avteg.org. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressPlot No. 105 Basement Sector – 44 Gurgaon, Haryana, India – 122003
- IndustryEducation, Vocational & Skill Development Training
To see the full contact details of Avteg 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
Financials of Avteg Private Limited
FY 2018 filings availableAvteg Private Limited reported revenue of ₹7.32 Cr (up 86% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 58% over three years, including 86% growth in the latest year. EBITDA rose 264% 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ||||
| Other Income | ||||
| Total Revenue | ₹7.32 Cr | |||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | ₹61.53 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | ₹20.68 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 8.4% | |||
| Net Profit Margin | 2.8% | |||
| 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 Avteg Private Limited, buy the company report.
Board of directors of Avteg Private Limited
Avteg has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vineet Kumar Bhati Also directs: Girls X Tech Foundation | Additional Director | 05 Oct 2018 | 8 Years 0 Months | Current |
| Pushpinder Singh | Director | 04 Nov 2011 | 14 Years 11 Months | Current |
Peer comparison
Avteg Private Limited is compared with the 3 companies closest to it by revenue in the Education industry (Vocational Training), with the same principal business activity (educational support services), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Iema Research & Development Private Limited | ₹7.47 Cr (FY 2025) | 13.0% | Kolkata, West Bengal, India | |||
| DS Digital Private Limited | ₹7.4 Cr (FY 2022) | -25.0% | New Delhi, Delhi, India | |||
| Institute of Language Management Private Limited | ₹7.35 Cr (FY 2024) | 20.0% | Bangalore, Karnataka, India | |||
| Avteg Private Limitedthis company | ₹7.32 Cr (FY 2018) | ₹20.68 Lakh | 2.8% | 86.0% | 2 | Gurgaon, Haryana, India |
To see the full peer comparison of Avteg Private Limited, buy the company report.
Auditor
Avteg Private Limited is audited by G S KOHLI & CO for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| G S KOHLI & CO | FY 2018 | 001442N |
Shareholding
The shareholding of Avteg Private Limited is on record for 4 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | 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 Avteg Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 19 May 2014 | 10515234 | National Skill Development Corporation | ₹57.2 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
Avteg Private Limited has 5 court cases on record: 5 filed against it. 2 cases are pending and 3 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 5 | 5 | 2 |
Cases on record (5 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Gurugram, Haryana | Execution petition | Filed against the company by National Skill Development Corporation Through Its Ar | Pending |
| District court, Jammu, Jammu and Kashmir | Court case (Recovery Suit(Civil)) | Filed against the company by Sunaksher Pvt Ltd | Pending |
| District court, Jammu, Jammu and Kashmir | Interim or miscellaneous application | Filed against the company by Sunaksher Private Ltd. Through Ankush Pandita | Disposed |
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Neogrowth Credit Pvt. Ltd. | Disposed |
| District court, Gurugram, Haryana | Civil suit | Filed against the company by an individual | Disposed |
To see the full case history of Avteg 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 Avteg Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Avteg has 2 associated companies. This group structure data is as of FY 2018. The table lists each entity with its relationship and holding.
Employees & EPFO
Avteg Private Limited has a workforce of 2 employees on its EPFO records as of Mar 28, 2024, across 1 active EPFO establishment.
GST
Avteg has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 06AAJCA9572B1ZO | Haryana | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Avteg Private Limited, buy the company report.
Recent activity
Avteg Private Limited has 5 board changes on record since 2011: 2 appointments and 3 cessations. The latest: Arun Bhardwaj ceased to be Director on 01 Jul 2019.
Frequently asked questions
Avteg is an active private limited company based in Gurgaon, Haryana, India. The company works in vocational and skill development training, within the education industry. It was incorporated on 04 November 2011 (15+ years old) and is registered under CIN U93000HR2011PTC044244.
Avteg has 2 current directors:
- Vineet Kumar Bhati - Additional Director
- Pushpinder Singh - Director
The latest financial statements of Avteg on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 29 September 2018. Year-wise statements from 2015 are in the company report.
The GSTIN of Avteg is 06AAJCA9572B1ZO, registered in Haryana.
The CIN (Corporate Identification Number) of Avteg is U93000HR2011PTC044244. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Avteg has 5 court cases on record: 5 filed against it. 2 are pending.
Avteg was incorporated on 04 November 2011, making it 15+ years old. It is registered with the Registrar of Companies, Haryana.
The peers of Avteg by revenue are Iema Research & Development Private Limited, DS Digital Private Limited, Institute of Language Management Private Limited, all in the Education industry (Vocational Training), with the same principal business activity (educational support services).
Arun Bhardwaj ceased to be Director on 01 Jul 2019. Parampreet Singh ceased to be Director on 08 Oct 2018. Vineet Kumar Bhati was appointed as Additional Director on 05 Oct 2018. Avteg has 5 board changes on record in total.
Avteg can be reached through the website avteg.org. Its registered office is in Gurgaon, Haryana, India.
The registered office of Avteg is at Plot No. 105 Basement Sector – 44 Gurgaon, Haryana, India – 122003.