About Avaana Advisory Services Private Limited
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Avaana Advisory Services Private Limited was a private limited company based in Mumbai, Maharashtra, India. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the business and IT consulting segment of the business process outsourcing sector. It was incorporated on 10 October 2019.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U74999MH2019PTC331501. Its GSTIN is 27AASCA8135F1ZE (Maharashtra).
The company had an authorised share capital of ₹10 Cr and a paid-up capital of ₹7.46 Cr. It was led by directors Sanjib Jha and Sandeep Singhal.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office was at 1103 Lodha Supremus Dr E Moses Road Worli, Mumbai, Maharashtra, India – 400018.
As per the financials filed for FY 2022, the company reported a revenue of ₹1.12 Cr, a growth of 14% compared to the previous year. For the same year it recorded a net loss of ₹92.86 Lakh (net margin -83%) and EBITDA of -₹91.57 Lakh (EBITDA margin -81.9%).
Court records list 2 cases involving the company, including 2 filed by the company.
The last known website on record is avaanacapital.com.
Company details
Contact details
Avaana Advisory Services Private Limited's registered office is in Mumbai, Maharashtra. Its website is avaanacapital.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address1103 Lodha Supremus Dr E Moses Road Worli, Mumbai, Maharashtra, India – 400018
- IndustryBusiness Outsourcing, Business & IT Consulting
To see the full contact details of Avaana Advisory Services 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 Avaana Advisory Services is financial and insurance service. In detail, this covers financial advisory, brokerage and consultancy services.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K7 | Financial Advisory, brokerage and Consultancy Services |
To see the full business activity and turnover split of Avaana Advisory Services Private Limited, buy the company report.
Financials of Avaana Advisory Services Private Limited
FY 2022 filings availableAvaana Advisory Services Private Limited reported revenue of ₹1.12 Cr (up 14% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue rose 14% in the latest year. EBITDA fell 435% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Total Expenses | |||
| EBITDA | -₹91.57 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹92.86 Lakh | ||
| Balance Sheet | |||
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Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | -81.9% | ||
| Net Profit Margin | -83% | ||
| Return on Equity (ROE) | |||
| Return on Capital Employed (ROCE) | |||
| Return on Assets (ROA) | |||
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To see the full financial statements and ratios of Avaana Advisory Services Private Limited, buy the company report.
Board of directors of Avaana Advisory Services Private Limited
Avaana Advisory Services has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sanjib Jha | Director | 01 Oct 2021 | 5 Years 1 Months | As last reported |
| Sandeep Singhal | Director | 01 Oct 2021 | 5 Years 1 Months | As last reported |
Legal cases
Avaana Advisory Services Private Limited has 2 court cases on record: 2 filed by Avaana Advisory Services. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| NCLT | 2 | 0 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLT, Mumbai | Court case (C.A.(CAA)) | Filed by the company | Disposed |
| NCLT, Mumbai | Court case (C.P.(CAA)) | Filed by the company | Disposed |
To see the full case history of Avaana Advisory Services 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 Avaana Advisory Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Avaana Advisory Services has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AASCA8135F1ZE | Maharashtra | Active | 28 Jan 2020 |
To see the full GST registrations and return filing status of Avaana Advisory Services Private Limited, buy the company report.
Recent activity
Avaana Advisory Services Private Limited has 6 board changes on record since 2021: 2 appointments and 4 cessations. The latest: Sandeep Singhal ceased to be Additional Director on 30 Sep 2022.
News
Frequently asked questions
Avaana Advisory Services has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Avaana Advisory Services was a private limited company based in Mumbai, Maharashtra, India. The company worked in business and IT consulting, within the business outsourcing industry. It was incorporated on 10 October 2019 and is registered under CIN U74999MH2019PTC331501. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Avaana Advisory Services was incorporated on 10 October 2019. It is registered with the Registrar of Companies, Mumbai.
Avaana Advisory Services had 2 directors:
- Sanjib Jha - Director
- Sandeep Singhal - Director
The CIN (Corporate Identification Number) of Avaana Advisory Services is U74999MH2019PTC331501. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Avaana Advisory Services is at 1103 Lodha Supremus Dr E Moses Road Worli, Mumbai, Maharashtra, India – 400018.
Avaana Advisory Services can be reached through the website avaanacapital.com. Its registered office is in Mumbai, Maharashtra, India.
The latest financial statements of Avaana Advisory Services on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from FY 2020 are in the company report.
The GSTIN of Avaana Advisory Services is 27AASCA8135F1ZE, registered in Maharashtra.
Avaana Advisory Services operated in the business outsourcing industry, in the business and IT consulting segment.
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