The company has been incorporated as a public limited company in
Ahmedabad in the state of Gujarat on 14th March, 1995. The company
obtained certificate for commencement of Business on 23rd March
The company has been promoted by Shri Atul Manukhbhai Shah. The main
objects of the company is to carry on the business as Exporters,
Importers, Distributors, Commission agents etc.
The company is planning to carry on activity as a merchant exporter
by sourcing items from reputed domestic manufactures and suppliers.
Initially the thrust will be on exports of Germs/Jewelry, Food
Products, Chemicals, Engineering Goods etc. Being Merchant Export
Activity, no technology is involved.
The company is a member of MANGALYA group of companies. MANGALYA
SOFT-TECH LTD, a member company of MANGALYA GROUP OF COMPANIES has
been engaged in design, development and implementation of computer
software systems for banks. Finance and insurance companies,
corporates etc. The company has recently completed successfully its
public issue, which was oversubscribed by more than four times.
ANOTHER group company, Mansukhbhai Financial Services Ltd, has been
incorporated on 24.10.94. It has been engaged in financial services
and is a corporate member of Ahmedabad stock Exchange. The company
has also obtained the registration under Broker Category at the
office of the Securities and Exchange Board Of India, Bombay.
2001 - As a part of its diversification plan, the company recently
signed a memorandum of
understanding for entering into a partnership with a US
firm to set up an outbound call
centre at the its facilities at Ahmedabad.
2002-Hanubhai Jadeja resigns as Managing Director of Avinash