Avanish Developers Private Limited
About Avanish Developers Private Limited
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Avanish Developers Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 18 June 2002 and has been in existence for over 24 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U45200MH2002PTC136233. Its GSTIN is 27AADCA9354M1Z7 (Maharashtra).
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹2 Lakh. It is led by directors including Karanjeet Shivnarayan Singh and Madhukar Ramchandra Musle.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹30.95 Lakh, a decline of 78% compared to the previous year. For the same year it recorded a net loss of ₹18.05 Lakh (net margin -58.3%) and EBITDA of ₹2.89 Lakh (EBITDA margin 9.3%). Revenue has grown at a compounded annual rate (CAGR) of 30% over three years and 10% over five 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
Contact details
Avanish Developers Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressOffice 705 B Wing Cts 209 2118212 Kondivita Vlg R M Road Off Ak Road Near Pidilite An, Dheri East, Mumbai, Maharashtra, India – 400093
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Avanish Developers 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 Avanish Developers is construction. In detail, this covers buildings.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| F | Construction | F1 | Buildings |
To see the full business activity and turnover split of Avanish Developers Private Limited, buy the company report.
Financials of Avanish Developers Private Limited
FY 2025 filings availableAvanish Developers Private Limited reported revenue of ₹30.95 Lakh (down 78% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 78% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 10%. EBITDA fell 98% 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 | ₹2.89 Lakh | ||||
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| Net Profit (PAT) | -₹18.05 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA Margin | 9.3% | ||||
| Net Profit Margin | -58.3% | ||||
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To see the full financial statements and ratios of Avanish Developers Private Limited, buy the company report.
Board of directors of Avanish Developers Private Limited
Avanish Developers has 4 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Karanjeet Shivnarayan Singh Also directs: Vertex Warehousing and Constructions Pvt Ltd, Indian Squash Professionals, Shrreeya Rama's Shelters LLP and 3 more | Director | 29 Jun 2019 | 7 Years 4 Months | Current |
| Madhukar Ramchandra Musle Also directs: Vertex Warehousing and Constructions Pvt Ltd | Director | 26 Apr 2024 | 2 Years 6 Months | Current |
| Mahendra Jagdish Agarwal | Director | 26 Apr 2024 | 2 Years 6 Months | Current |
| Akshay Madhukar Musle Also directs: Vertex Warehousing and Constructions Pvt Ltd, Avanish Realty LLP, Crescendo Innovative Solutions LLP and 1 more | Director | 11 Feb 2020 | 6 Years 9 Months | Current |
Shareholding
The shareholding of Avanish Developers Private Limited is on record for 2 financial years, the latest being FY 2020, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2019 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Avanish Developers Private Limited, buy the company report.
Legal cases
Avanish Developers Private Limited has 1 court case on record: 1 filed by Avanish Developers. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summons warrent Cases SW) | Filed by the company against an individual | Disposed |
To see the full case history of Avanish Developers 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 Avanish Developers Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Avanish Developers has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AADCA9354M1Z7 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Avanish Developers Private Limited, buy the company report.
Recent activity
Avanish Developers Private Limited has 6 board changes on record since 2019: 4 appointments and 2 cessations. The latest: Madhukar Ramchandra Musle was appointed as Director on 26 Apr 2024.
Frequently asked questions
Avanish Developers is an active private limited company based in Mumbai, Maharashtra, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 18 June 2002 (24+ years old) and is registered under CIN U45200MH2002PTC136233.
Avanish Developers has 4 current directors:
- Karanjeet Shivnarayan Singh - Director
- Madhukar Ramchandra Musle - Director
- Mahendra Jagdish Agarwal - Director
- Akshay Madhukar Musle - Director
The latest financial statements of Avanish Developers on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Avanish Developers is 27AADCA9354M1Z7, registered in Maharashtra.
The CIN (Corporate Identification Number) of Avanish Developers is U45200MH2002PTC136233. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Avanish Developers has 1 court case on record: 1 filed by the company.
Avanish Developers was incorporated on 18 June 2002, making it 24+ years old. It is registered with the Registrar of Companies, Mumbai.
Madhukar Ramchandra Musle was appointed as Director on 26 Apr 2024. Mahendra Jagdish Agarwal was appointed as Director on 26 Apr 2024. Akshay Madhukar Musle was appointed as Director on 11 Feb 2020. Avanish Developers has 6 board changes on record in total.
The registered office of Avanish Developers is at Office 705 B Wing Cts 209 2118212 Kondivita Vlg R M Road Off Ak Road Near Pidilite An, Dheri East, Mumbai, Maharashtra, India – 400093.
Avanish Developers operates in the real estate and construction industry, in the real estate builders and developers segment.
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