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AVRO INDIA LIMITED

(NSE: AVROIND)

AVROIND

124.25

-2.75 (-2.17%)

Price Chart

Price Chart

Price Summary

Today’s High

132.5

Today’s Low

122

52 Week's High

132.5

52 Week's Low

122

Company Essentials

Market Cap

93.5 Cr

CASA

0.0

No. Of Shares

1.0 Cr

P/E

6.9

P/B

1.0

Face Value

10.0

Dividend Yeild

0.0

Book Value

36.4

Net Interest Income

1.8

Cost to Income

NA

Promoter Holdings

70.4

EPS

5.6

CAR

NA

ROE

16.5

ROCE

18.8

Profit Growth

NA

Peer Comparison

COMPANY

PRICE

MCAP (cr)

P/B

P/E

EPS

ROE

ROCE

NII

AVRO INDIA LIMITED

128.2

93

1.0

6.9

5.6

16.5

18.8

1.8

Shree Rama Multi-Tech Limited

13.65

93

2.2

18.5

0.5

13.0

4.3

19.3

AMD Industries Limited

90.75

94

0.3

10.9

1.6

2.4

5.6

21.8

Tokyo Plast International Limited

99.5

96

1.1

549.9

0.1

0.2

1.2

1.85 L

Tainwala Chemical and Plastic (I) Limited

86.9

86

0.5

0.0

-0.3

-0.4

-0.3

132.1

Orient Press Limited

62.5

69

1.1

0.0

-3.5

-4.5

1.2

16.0

FAQ’s on AVRO INDIA LIMITED

About

The company was originally incorporated as ‘Nira Investments Private Limited’ on July 01, 1996 under the Companies Act, 1956 with a Certificate of Incorporation issued by the Registrar of Companies, Karnataka, Bangalore. Thereafter a fresh certificate of incorporation consequent upon change of name from ‘Nira Investments Private Limited’ to ‘Nira Marketing Appliances Private Limited’ was issued by the Registrar of Companies, Karnataka, Bangalore on August 01, 2002. Thereafter a fresh certificate of incorporation consequent upon change of name from ‘Nira Marketing Appliances Private Limited’ to ‘Avon Moldplast Private Limited’ was issued by the Registrar of Companies, Karnataka, Bangalore on November 11, 2002. Thereafter, the registered office of the company was shifted from State of Karnataka to State of Uttar Pradesh and a certificate of registration of the order of the Regional Director, South East Region, dated January 17, 2018, confirming transfer of the registered office from one state to another was issued by the Registrar of Companies, Kanpur on February 15, 2018. Subsequently the company was converted into a Public Limited Company and a fresh certificate of incorporation consequent upon conversion of the company to public limited company in the name of the ‘Avon Moldplast Limited’ was granted by the Registrar of Companies, Kanpur on March 01, 2018.  

It has a fully functional manufacturing facility located at A-7/36-39, South of G. T. Road Industrial Area, Electrosteel Casting Compound, Ghaziabad 201009, Uttar Pradesh. The said facility is also houses the Registered and Corporate Office of the company.

Business area of the Company:

The company has been engaged in manufacturing of quality plastic molded furniture under the brand name of ‘AVON’ since 2002. The company's Product Portfolio includes Molded Chairs, Molded Stools, Molded Tables, Molded Baby Chairs and Baby Desks.

Major Events & Milestones:

  • July 01, 1996: Incorporated as Private Limited Company under the Companies Act, 1956 in the name of ‘Nira Investments Private Limited’.
  • August 01, 2002: Change of the name of the company from ‘Nira Investments Private Limited’ to ‘Nira Marketing Appliances Private Limited’.
  • November 11, 2002: Change of the name of the company from ‘Nira Marketing Appliances Private Limited’ to ‘Avon Moldplast Private Limited’.
  • 2003: Commencement of manufacturing at the facility located at Ghaziabad, Uttar Pradesh.
  • January 17, 2018: Shifting of Registered Office of the company from the State of Karnataka to the State of Uttar Pradesh.
  • January 27, 2018: Split of one Equity Share of Rs 100 each into Ten Equity Share of Rs 10 each.
  • March 01, 2018: Conversion of the company to public limited company in the name of the ‘Avon Moldplast Limited’.