MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-GJ-25-0004344
Avion Exim Private Limited - metals and minerals in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹194.37 Cr
▼ 9% YoY
Net profit · FY 2025
₹3.2 Cr
Net margin 1.6%
EBITDA · FY 2025
₹8.05 Cr
EBITDA margin 4.1%
Authorised capital
₹2 Cr
Registered with MCA
Paid-up capital
₹1.32 Cr
Issued & subscribed
Open charges
₹35.34 Cr
Satisfied ₹69.22 Cr
Company age
27 yrs
Est. 1999
Employees · EPFO
136
Provident fund records
About Avion Exim Private Limited
Data last updated:
Avion Exim Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Time Exports Private Limited. It operates in the metal manufacturing and processing segment of the metals and mining sector. It was incorporated on 18 May 1999 and has been in existence for over 27 years.
Its director Naveen Jain and family are #1,202 among India's richest people (2026). Its director Bharat Vageria and family are #1,482 among India's richest people (2026).
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74110MH1999PTC119909. Its GSTIN is 27AABCA8726D2ZT (Maharashtra). The company holds 5 GST registrations, of which 3 are active.
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹1.32 Cr. It is led by directors including Monika Srivastava Yateesh and Raghupathy Thyagarajan.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹194.37 Cr, a decline of 9% compared to the previous year. For the same year it recorded a net profit of ₹3.2 Cr (net margin 1.6%) and EBITDA of ₹8.05 Cr (EBITDA margin 4.1%). Revenue has grown at a compounded annual rate (CAGR) of 5% over three years and 20% over five years.
The company has about 136 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
As per MCA filings, the company has open charges of ₹35.34 Cr and satisfied charges of ₹69.22 Cr on record. Court records list 19 cases involving the company, including 10 filed by the company and 9 filed against it; 4 cases are pending. The company has 6 deals on record (4 secondary share transfers, 2 funding rounds), with disclosed funding of ₹9.02 Cr; the latest was in September 2024.
Avion Exim Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-25-0004344). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website rite.co.in.
Company details
CIN U74110MH1999PTC119909
Registration Number 119909
Incorporation Date 18 May 1999
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2024
Parent Company Time Exports Private Limited
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-GJ-25-0004344
CIN history
Avion Exim has one previous CIN (Corporate Identification Number): U51900MH1999PTC119909. The current CIN is U74110MH1999PTC119909, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74110MH1999PTC119909 | Current |
| U51900MH1999PTC119909 | Previous |
Key People
Monika Srivastava Yateesh Director Raghupathy Thyagarajan Director Naveen Mahendrakumar Jain Director Recognitions & Rankings of Avion Exim
India's Richest People 2026 edition · 2 directors · Source: Hurun India
- #1,202 Naveen Jain & family ₹2,000 Cr
- #1,482 Bharat Vageria & family ₹1,400 Cr
Contact details
Avion Exim Private Limited's registered office is in Mumbai, Maharashtra. Its website is rite.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressA/1101 Evershine Sapphire Chs. Ltd. Chandivali Farm Road Near Sbi Bank And, Heri(East), Mumbai, Maharashtra, India – 400072
- IndustryMetals and Minerals, Metal Manufacturing & Processing
To see the full contact details of Avion Exim Private Limited, buy the company report.
Comprehensive company report
Avion Exim 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 Avion Exim is manufacturing. In detail, this covers manufacture of fabricated metal products, except machinery and equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | 25 | Manufacture of fabricated metal products, except machinery and equipment |
To see the full business activity and turnover split of Avion Exim Private Limited, buy the company report.
Financials of Avion Exim Private Limited
FY 2024 filings availableAvion Exim Private Limited reported revenue of ₹194.37 Cr (down 9% YoY) for FY 2025.
Revenue · FY 2025
₹194.37 Cr ▼ 9%
Net profit · FY 2025
₹3.2 Cr margin 1.6%
EBITDA · FY 2025
₹8.05 Cr margin 4.1%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 9%
3 years · compounded
▼ 5%
5 years · compounded
▲ 20%
EBITDA CAGR growth
3 years · compounded
▼ 2%
5 years · compounded
▲ 5%
Revenue fell 9% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 20%. 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹8.05 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹3.2 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 4.1% | ||||
| Net Profit Margin | 1.6% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Payable Days | |||||
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To see the full financial statements and ratios of Avion Exim Private Limited, buy the company report.
Board of directors of Avion Exim Private Limited
Avion Exim has 5 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Monika Srivastava Yateesh Also directs: Time Securities Services Private Limited, The Grey Space Consultants LLP, TPL Plastech Limited and 1 more | Director | 25 Feb 2008 | 18 Years 8 Months | Current |
| Raghupathy Thyagarajan | Director | 18 May 1999 | 27 Years 5 Months | Current |
| Naveen Mahendrakumar Jain | Director | 18 May 1999 | 27 Years 5 Months | Current |
| Bharat Kumar Ratanlal Vageria Also directs: Time Technoplast Limited, Schoeller Allibert Time Materials Handling Solutions Limited, Ace Mouldings Limited and 3 more | Director | 18 May 1999 | 27 Years 5 Months | Current |
| Ritu Jain Also directs: Indent Online Supplies Private Limited | Director | 25 Feb 2008 | 18 Years 8 Months | Current |
Auditor
Avion Exim Private Limited is audited by Shah & Taparia Chartered Accountants for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Shah & Taparia Chartered Accountants | FY 2023 | 109463W |
Shareholding
The shareholding of Avion Exim Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Avion Exim Private Limited, buy the company report.
Charges & borrowings
Open charges
₹35.34 Cr
Satisfied charges
₹69.22 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 03 Jul 2021 | 100461692 | Hdfc Bank Limited | ₹34 Lakh | Open | |
| 26 Mar 2021 | 100432528 | Others | ₹35 Cr | Open | |
| 25 Jan 2021 | 100410770 | Others | ₹9.43 Lakh | Satisfied | |
| 02 Feb 2009 | 10143662 | Axis Bank Limited | ₹28.13 Cr | Satisfied | |
| 26 Mar 2008 | 10100543 | Axis Bank Limited | ₹16 Cr | Satisfied |
To see the full charge records of Avion Exim Private Limited, buy the company report.
Total charge records: 6 View all charges
Deals & funding
Avion Exim Private Limited has 6 deals on record (4 secondary share transfers, 2 funding rounds), with disclosed funding of ₹9.02 Cr; the latest was in September 2024.
Total deals
6
Secondary share transfers
4
Funding rounds
2
Disclosed funding
₹9.02 Cr
Deals on record (5 of 6)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2024 | Secondary share transfer | Undisclosed | Buyer: Bharat Vageria HUF, Anil Jain Huf, Naveen Jain Huf, an individual Seller: 4 individuals |
| Mar 2024 | Secondary share transfer | Undisclosed | Buyer: Ritu Jain HUF, an individual Seller: Anil Jain Huf, an individual |
| Mar 2020 | Secondary share transfer | Undisclosed | Buyer: Time Exports Private Limited Seller: Time Securities Services Private Limited , Vishwalaxmi Trading and Finance Private Limited |
| Mar 2012 | Secondary share transfer | Undisclosed | Buyer: Time Exports Private Limited Seller: Bharat Infrastructures Private Limited |
| Mar 2009 | Funding round | ₹7.83 Cr | Investors: Vishwalaxmi Trading and Finance Private Limited , Time Securities Services Private Limited , Bharat Infrastructures Private Limited |
To see the full deal history of Avion Exim Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Avion Exim Private Limited has 19 court cases on record: 10 filed by Avion Exim, 9 filed against it. 4 cases are pending and 15 are disposed.
Total cases
19
Filed by the company
10
Filed against the company
9
Pending
4
Disposed
15
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 19 | 9 | 4 |
Cases on record (5 of 19)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai City Civil Court, Maharashtra | Court case (CHAMBER SUMMONS) | Filed by the company against M/S. Urban Transit Pvt Ltd | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Court case (Chamber Summons) | Filed by the company against M/S Me N Moms Private Limited | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Commercial suit | Filed by the company against M/S Me N Moms Private Limited and 2 others | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Court case (SUMMARY CIVIL SUIT) | Filed by the company against M/S. Urban Transit Pvt Ltd and 3 others | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Court case (CHAMBER SUMMONS) | Filed by the company against M/S. Urban Transit Pvt Ltd | Disposed |
To see the full case history of Avion Exim 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.
Credit ratings & regulatory alerts
Avion Exim Private Limited was last rated by Care on 09 Dec 2025.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 09 Dec 2025 |
To see the full credit ratings and regulatory alerts of Avion Exim Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Avion Exim Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Avion Exim has 1 subsidiary company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
1
Subsidiary companies
Key subsidiaries
| Company Name | CIN | Shares held |
|---|---|---|
| Captosus Electro Automobile Private Limited | U36101MH2018PTC312480 |
To see the full group structure of Avion Exim Private Limited, buy the company report.
Employees & EPFO
Avion Exim Private Limited has a workforce of 136 employees on its EPFO records as of Mar 29, 2024, across 2 active EPFO establishments.
Employee count
136
Active EPFO establishments
2
Employee growth
-7.48%
GST
Avion Exim has 5 GST registrations: 3 active and 2 cancelled or inactive.
Total GSTINs
5
Active
3
Cancelled / inactive
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCA8726D2ZT | Maharashtra | Active | 08 Aug 2017 |
| 27AABCA8726D3ZS | Maharashtra | Active | 19 May 2024 |
| 24AABCA8726D1Z0 | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Avion Exim Private Limited, buy the company report.
Recent activity
Avion Exim Private Limited has 8 board changes on record since 1999: 5 appointments and 3 cessations. The latest: Anil Jain ceased to be Director on 06 Feb 2022.
AGM
Avion Exim Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge registered on 25 Jan 2021 via Charge ID 100410770 with Others was fully satisfied on 06 Mar 2025.
Filing
Avion Exim Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
Charges
A charge with Others of Rs. 35.00 Cr registered on 26 Mar 2021 with Charge ID 100432528 was modified on 20 Jun 2022.
Ceased
Anil Jain ceased to be Director.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.34 Cr with Charge ID 100461692 was registered on 03 Jul 2021.
Charges
A charge registered on 02 Feb 2009 via Charge ID 10143662 with Axis Bank Limited was fully satisfied on 07 Jun 2021.
Charges
A charge registered on 16 Feb 2008 via Charge ID 10091454 with Axis Bank Limited was fully satisfied on 07 Jun 2021.
Charges
A charge with Others amounted to Rs. 35.00 Cr with Charge ID 100432528 was registered on 26 Mar 2021.
Charges
A charge with Others amounted to Rs. 0.09 Cr with Charge ID 100410770 was registered on 25 Jan 2021.
Charges
A charge with Axis Bank Limited of Rs. 28.13 Cr registered on 02 Feb 2009 with Charge ID 10143662 was modified on 12 Dec 2018.
Charges
A charge with Axis Bank Limited of Rs. 25.00 Cr registered on 16 Feb 2008 with Charge ID 10091454 was modified on 02 Feb 2017.
12 earlier events are in the company report.
Frequently asked questions
Avion Exim is an active private limited company based in Mumbai, Maharashtra, India. The company works in metal manufacturing and processing, within the metals and minerals industry. It was incorporated on 18 May 1999 (27+ years old) and is registered under CIN U74110MH1999PTC119909.
Avion Exim has 5 current directors:
- Monika Srivastava Yateesh - Director
- Raghupathy Thyagarajan - Director
- Naveen Mahendrakumar Jain - Director
- Bharat Kumar Ratanlal Vageria - Director
- Ritu Jain - Director
The latest financial statements of Avion Exim on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Avion Exim is 27AABCA8726D2ZT, registered in Maharashtra. The company has 5 GST registrations in all, of which 3 are active and 2 are cancelled or inactive. Other active GSTINs include 27AABCA8726D3ZS (Maharashtra), 24AABCA8726D1Z0 (Gujarat).
The CIN (Corporate Identification Number) of Avion Exim is U74110MH1999PTC119909. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Avion Exim has 19 court cases on record: 10 filed by the company and 9 filed against it. 4 are pending.
Avion Exim was incorporated on 18 May 1999, making it 27+ years old. It is registered with the Registrar of Companies, Mumbai.
Avion Exim has 6 deals on record (4 secondary share transfers, 2 funding rounds), with disclosed funding of ₹9.02 Cr; the latest was in September 2024.
Anil Jain ceased to be Director on 06 Feb 2022. Monika Srivastava Yateesh ceased to be Additional Director on 27 Sep 2008. Ritu Jain ceased to be Additional Director on 27 Sep 2008. Avion Exim has 8 board changes on record in total.
Yes, Avion Exim is registered as a medium enterprise under Udyam registration (number: UDYAM-GJ-25-0004344).
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