About New Avm Systech Private Limited
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New Avm Systech Private Limited is a private limited company based in Chinchwad, Maharashtra, India. It operates in the industrial machinery manufacturing segment of the machinery and industrial equipment sector. It was incorporated on 25 February 2004 and has been in existence for over 22 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U29199PN2004PTC018950. Its GSTIN is 27AABCN8933H1Z8 (Maharashtra).
The company has an authorised share capital of ₹3 Lakh and a paid-up capital of ₹3 Lakh. It is led by directors including Vilas Chhagan Borole (Whole-Time Director) and Ambadas Sawalaram Joshi (Whole-Time Director).
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Chinchwad, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹113.15 Cr, a growth of 30% compared to the previous year. For the same year it recorded a net profit of ₹12 Cr (net margin 10.6%) and EBITDA of ₹16.57 Cr (EBITDA margin 14.6%). Revenue has grown at a compounded annual rate (CAGR) of 53% over three years and 36% over five years.
The company has about 40 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹50.07 Lakh and satisfied charges of ₹2.03 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website avmsystech.in.
Company details
Contact details
New Avm Systech Private Limited's registered office is in Chinchwad, Maharashtra. Its website is avmsystech.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressAvm House Plot No.3B 1/3 Opp.Ador Welding Limited D – 1 Block M, Idc, Chinchwad, Maharashtra, India – 411019
- IndustryMachinery and Equipment, Industrial Machinery Manufacturing, Process Machinery & Industrial Equipment
To see the full contact details of New Avm Systech 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 New Avm Systech is manufacturing. In detail, this covers metal and metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products |
To see the full business activity and turnover split of New Avm Systech Private Limited, buy the company report.
Financials of New Avm Systech Private Limited
FY 2025 filings availableNew Avm Systech Private Limited reported revenue of ₹113.15 Cr (up 30% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 36% over five years, including 30% growth in the latest year. EBITDA rose 31% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹16.57 Cr | ||||
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| Net Profit (PAT) | ₹12 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 14.6% | ||||
| Net Profit Margin | 10.6% | ||||
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To see the full financial statements and ratios of New Avm Systech Private Limited, buy the company report.
Board of directors of New Avm Systech Private Limited
New Avm Systech has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vilas Chhagan Borole Also directs: Avm Associates LLP | Whole-Time Director | 25 Feb 2004 | 22 Years 8 Months | Current |
| Ambadas Sawalaram Joshi Also directs: Avm Associates LLP, Winsia Life Sciences Private Limited | Whole-Time Director | 25 Feb 2004 | 22 Years 8 Months | Current |
| Rajesh Dinkar Mahajan Also directs: Avm Associates LLP | Whole-Time Director | 25 Feb 2004 | 22 Years 8 Months | Current |
Peer comparison
New Avm Systech Private Limited is compared with the 3 companies closest to it by revenue in the Machinery and Equipment industry (Industrial Products Manufacturers, Process Machinery), with the same principal business activity (metal and metal products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Crystal Industrial Syndicate Private Limited | ₹113.91 Cr (FY 2025) | 41.0% | Navi Mumbai, Maharashtra, India | |||
| New Avm Systech Private Limitedthis company | ₹113.15 Cr (FY 2025) | ₹12 Cr | 10.6% | 30.0% | 40 | Chinchwad, Maharashtra, India |
| Enginemates Heat Transfer Pvt Ltd | ₹112.91 Cr (FY 2024) | 37.0% | Mumbai, Maharashtra, India | |||
| Esteem Projects Private Limited | ₹112.37 Cr (FY 2025) | 58.0% | New Delhi, Delhi, India |
To see the full peer comparison of New Avm Systech Private Limited, buy the company report.
Auditor
New Avm Systech Private Limited is audited by S P A K & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S P A K & CO | FY 2023 | 139877W |
Shareholding
The shareholding of New Avm Systech 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 New Avm Systech Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 16 Nov 2024 | 101015241 | Others | ₹24.8 Lakh | Open | |
| 05 Mar 2024 | 100932274 | Hdfc Bank Limited | ₹12.64 Lakh | Open | |
| 05 Mar 2024 | 100933195 | Hdfc Bank Limited | ₹12.64 Lakh | Open | |
| 02 Jun 2012 | 10359624 | The Saraswat Co-Operative Bank Limited | ₹2 Cr | Satisfied | |
| 22 Oct 2011 | 10315514 | Bank of Maharashtra | ₹2.75 Lakh | Satisfied |
To see the full charge records of New Avm Systech Private Limited, buy the company report.
Total charge records: 5 View all charges
Legal cases
No court or tribunal cases involving New Avm Systech 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 New Avm Systech Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
New Avm Systech Private Limited has a workforce of 40 employees on its EPFO records as of Mar 21, 2024, across 1 active EPFO establishment.
GST
New Avm Systech has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCN8933H1Z8 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of New Avm Systech Private Limited, buy the company report.
Recent activity
New Avm Systech Private Limited has 3 board changes on record since 2004: 3 appointments. The latest: Ambadas Sawalaram Joshi was appointed as Whole-Time Director on 25 Feb 2004.
1 earlier event is in the company report.
Frequently asked questions
New Avm Systech is an active private limited company based in Chinchwad, Maharashtra, India. The company works in industrial machinery manufacturing, within the machinery and equipment industry. It was incorporated on 25 February 2004 (22+ years old) and is registered under CIN U29199PN2004PTC018950.
New Avm Systech has 3 current directors:
- Vilas Chhagan Borole - Whole-Time Director
- Ambadas Sawalaram Joshi - Whole-Time Director
- Rajesh Dinkar Mahajan - Whole-Time Director
The latest financial statements of New Avm Systech on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of New Avm Systech is 27AABCN8933H1Z8, registered in Maharashtra.
The CIN (Corporate Identification Number) of New Avm Systech is U29199PN2004PTC018950. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
New Avm Systech was incorporated on 25 February 2004, making it 22+ years old. It is registered with the Registrar of Companies, Pune.
The peers of New Avm Systech by revenue are Crystal Industrial Syndicate Private Limited, Enginemates Heat Transfer Pvt Ltd, Esteem Projects Private Limited, all in the Machinery and Equipment industry (Industrial Products Manufacturers, Process Machinery), with the same principal business activity (metal and metal products).
Ambadas Sawalaram Joshi was appointed as Whole-Time Director on 25 Feb 2004. Rajesh Dinkar Mahajan was appointed as Whole-Time Director on 25 Feb 2004. Vilas Chhagan Borole was appointed as Whole-Time Director on 25 Feb 2004.
New Avm Systech can be reached through the website avmsystech.in. Its registered office is in Chinchwad, Maharashtra, India.
The registered office of New Avm Systech is at Avm House Plot No.3B 13 Opp.Ador Welding Limited D – 1 Block M, Idc, Chinchwad, Maharashtra, India – 411019.
New Avm Systech operates in the machinery and equipment industry, in the industrial machinery manufacturing segment.
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