Aditya Vision Ltd Company Profile: Product, Promoters and Clients

Aditya Vision Ltd Company Description

Aditya Vision Ltd is a well-known retail chain in India specialized in electronics and home appliances. The company is established with a vision to provide a wide range of high-quality products to the customers. The company has grown remarkably and established a strong presence in the market. The company is known for its customer-centric approach, exceptional after-sales service and competitive pricing.

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Question 1 What are the Product and service offerings of Aditya Vision?

The Company is engaged in trading of electronic items and provide a service oriented electronic retail chain in Bihar dealing in consumer durables of all kinds. This offers a comprehensive range of products and services, including:

1- Consumer Electronics:

• Televisions: Smart TVs from leading brands like LED, OLED, QLED.
• Cameras: Mirrorless cameras, DSLRs, action cameras, and accessories.
• Audio Systems: Portable speakers, home theater systems and soundbars.

2- Home Appliances:

• Refrigerators: Single-door, side-by-side, double-door and mini refrigerators.
• Kitchen Appliances: Ovens, Microwaves, mixers, grinders, and other kitchen essentials.
• Air Conditioners: Portable ACs, window ACs and split ACs.
• Washing Machines: Semi-automatic, fully automatic, top load, and front load washing machines.

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3- Computers and Laptops:

• Laptops: Ultra-thin, gaming, business, and convertible laptops.
• Desktops: All-in-one PCs, gaming desktops, and custom-built systems.
• Accessories: Keyboards, printers, mice and other peripherals.

4- Smart Devices:

• Smartphones: Latest models from leading brands with a variety of features and price ranges.
• Wearables: Smartwatches, fitness bands, and health monitoring devices.
• Tablets: High-performance tablets for work, study, and entertainment.

5- Services:

• Extended Warranty: Options for extended warranties on various products to provide customers with peace of mind.
• After-Sales Service: Comprehensive after-sales support, including installation, maintenance, and repair services.

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Question 2: Who are the promoters of the Aditya Vision?

1. Mr. Yashovardhan Sinha- Chairman and Managing Director

Mr. Yashovardhan Sinha is the Promoter and Chairman at Aditya Vision Limited. He has more than a wealth of experience in trading and retail sector, Prior to starting these companies, he was the Senior Manager in Punjab National Bank where he served for over 20 years. Currently he is also working at the position of an Associate Member at Indian Institute of Banking & Finance. His vision is to make electronics products affordable and available for the customers even in the remotest corners of the Hindi Heartland of India. 

This led to his success in the consumer electronic sphere. Within the company, he is also responsible for the overall growth, development and advancement of the venture and plays an integral role in taking all key decisions for AVL’s future in combination with other members of the Board. He has been a member of the Board since 31st March 2009 and was appointed as Managing Director on 16th May 2016.

2. Nishant Prabhakar- Whole Time Director

Mr. Nishant Prabhakar is the Promoter and Whole time Director at Aditya Vision Ltd. He has more than 17 years of experience in the field of management and marketing. His vision and strategic management helped the business to expand from one store in Bihar to a multi-store experience in Bihar and neighboring Hindi-speaking states. He has been a member of the Board at AVL since 1st April 2005 and was appointed as Whole Time Director on 22nd September 2016.

Question 3: Who are the clients of Aditya Vision Ltd?

Aditya Vision Ltd serves a diverse clientele, including:

1. Retail Customers: Individual customers seek high-quality electronics and home appliances.
2. Corporate Clients: Businesses require bulk purchases of electronic and appliance products.
3. Educational Institutions: Schools, colleges, and universities focus on computing and audio-visual equipment.
4. Hospitality Sector: Hotels and resorts needing appliances and electronics for their facilities.
5. Government and Public Sector: Government agencies and public sector organizations is procuring electronic products and appliances.

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Written by – Aishwari Pandey