Advay Estates Private Limited
About Advay Estates Private Limited
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Advay Estates Private Limited is a private limited company based in Sadar Bazar, Delhi, India. It operates in the diversified financial services segment of the financial services sector. It was incorporated on 26 June 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U51109DL2007PTC290799.
The company has an authorised share capital of ₹57 Lakh and a paid-up capital of ₹56 Lakh. It was formerly known as Zigzag Commercial Private Limited. It is led by directors Shashi Khetan and Ashish Kumar Khetan.
Its last annual general meeting (AGM) was held on 26 September 2025, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 3007 3rd Floor Bhadurgarh Road Saini Market, Sadar Bazar, Delhi, India – 110006.
As per the financials filed for FY 2025, the company reported a revenue of ₹16.68 Lakh, a decline of 33% compared to the previous year. For the same year it recorded a net loss of ₹27.2 Lakh (net margin -163.1%) and EBITDA of -₹25.4 Lakh (EBITDA margin -152.3%). Revenue has declined at a compounded annual rate (CAGR) of 38% over three years.
Court records list 1 case involving the company, including 1 filed by the company.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
Advay Estates has one previous CIN (Corporate Identification Number): U51109WB2007PTC116804. The current CIN is U51109DL2007PTC290799, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U51109DL2007PTC290799 | Current |
| U51109WB2007PTC116804 | Previous |
Contact details
Advay Estates Private Limited's registered office is in Sadar Bazar, Delhi. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address3007 3rd Floor Bhadurgarh Road Saini Market, Sadar Bazar, Delhi, India – 110006
- IndustryFinancial Services, Diversified Financial Services
To see the full contact details of Advay Estates 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
Financials of Advay Estates Private Limited
FY 2024 filings availableAdvay Estates Private Limited reported revenue of ₹16.68 Lakh (down 33% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 38% over three years, including a 33% fall in the latest year. EBITDA fell 115% 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 | -₹25.4 Lakh | ||||
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| Net Profit (PAT) | -₹27.2 Lakh | ||||
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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 | -152.3% | ||||
| Net Profit Margin | -163.1% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Advay Estates Private Limited, buy the company report.
Board of directors of Advay Estates Private Limited
Advay Estates has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shashi Khetan Also directs: Adwings Trexim LLP | Director | 06 Apr 2010 | 16 Years 6 Months | Current |
| Ashish Kumar Khetan | Director | 23 Aug 2022 | 4 Years 2 Months | Current |
Auditor
Advay Estates Private Limited is audited by SANMARKS & ASSOCIATES for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SANMARKS & ASSOCIATES | FY 2022 | 003343N |
Shareholding
The shareholding of Advay Estates 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 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Advay Estates Private Limited, buy the company report.
Legal cases
Advay Estates Private Limited has 1 court case on record: 1 filed by Advay Estates. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, West Bengal | Writ petition | Filed by the company against Union of India and Ors. | Disposed |
To see the full case history of Advay Estates 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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Advay Estates Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Advay Estates has 1 associated company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
GST
No GST registration is on our record for Advay Estates Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Advay Estates Private Limited has 7 board changes on record since 2010: 2 appointments and 5 cessations. The latest: Sunil Kumar Tekriwal ceased to be Director on 31 Aug 2022.
Frequently asked questions
Advay Estates is an active private limited company based in Sadar Bazar, Delhi, India. The company works in diversified financial services, within the financial services industry. It was incorporated on 26 June 2007 (19+ years old) and is registered under CIN U51109DL2007PTC290799.
Advay Estates has 2 current directors:
- Shashi Khetan - Director
- Ashish Kumar Khetan - Director
The latest financial statements of Advay Estates on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 26 September 2025. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Advay Estates is U51109DL2007PTC290799. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Advay Estates has 1 court case on record: 1 filed by the company.
Advay Estates was incorporated on 26 June 2007, making it 19+ years old. It is registered with the Registrar of Companies, Delhi.
Sunil Kumar Tekriwal ceased to be Director on 31 Aug 2022. Ashish Kumar Khetan was appointed as Director on 23 Aug 2022. Nupur Khetan ceased to be Director on 12 Aug 2017. Advay Estates has 7 board changes on record in total.
The registered office of Advay Estates is at 3007 3rd Floor Bhadurgarh Road Saini Market, Sadar Bazar, Delhi, India – 110006.
Advay Estates operates in the financial services industry, in the diversified financial services segment.
The compliance status of Advay Estates is compliant as of 13 July 2026. The company is actively filing with the Registrar of Companies.