About Avetea Exotics Private Limited
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Avetea Exotics Private Limited is a private limited company based in Bengaluru, Karnataka, India. It operates in the agricultural products distribution segment of the agriculture sector. It was incorporated on 28 February 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74999KA2018PTC110610. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors Kamal Nandan Sinha and Neeta Sinha.
Its last annual general meeting (AGM) was held on 31 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office is at No 108 Palm Villey Dodda Thimmasandra Road Sarjapura, Bengaluru, Karnataka, India – 561125.
As per the financials filed for FY 2020, the company reported a revenue of ₹2.84 Lakh, a decline of 21% compared to the previous year. For the same year it recorded a net loss of ₹2.23 Lakh (net margin -78.4%) and EBITDA of -₹2.07 Lakh (EBITDA margin -72.8%).
For more details, the company can be reached via its website avetea.com.
Company details
Contact details
Avetea Exotics Private Limited's registered office is in Bengaluru, Karnataka. Its website is avetea.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressNo 108 Palm Villey Dodda Thimmasandra Road Sarjapura, Bengaluru, Karnataka, India – 561125
- IndustryAgriculture, Agro Retail & Distribution
To see the full contact details of Avetea Exotics 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 Avetea Exotics is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Avetea Exotics Private Limited, buy the company report.
Financials of Avetea Exotics Private Limited
FY 2020 filings availableAvetea Exotics Private Limited reported revenue of ₹2.84 Lakh (down 21% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue fell 21% in the latest year. EBITDA rose 52% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | ₹2.84 Lakh | ||
| Other Income | |||
| Total Revenue | |||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | -₹2.07 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹2.23 Lakh | ||
| Balance Sheet | |||
| Share Capital | |||
| Reserves and Surplus | |||
| Net Worth (Total Equity) | |||
| Long-term Borrowings | |||
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| Trade Payables | |||
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| Inventories | |||
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Financial Ratios
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | -72.8% | ||
| Net Profit Margin | -78.4% | ||
| Return on Equity (ROE) | |||
| Return on Capital Employed (ROCE) | |||
| Return on Assets (ROA) | |||
| Liquidity and Debt | |||
| Current Ratio | |||
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| Receivable Days | |||
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| Inventory Days | |||
| Revenue Growth | |||
| Net Profit Growth | |||
To see the full financial statements and ratios of Avetea Exotics Private Limited, buy the company report.
Board of directors of Avetea Exotics Private Limited
Avetea Exotics has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kamal Nandan Sinha | Director | 15 Jan 2020 | 6 Years 9 Months | Current |
| Neeta Sinha | Director | 28 Feb 2018 | 8 Years 8 Months | Current |
Auditor
Avetea Exotics Private Limited is audited by GOPAL RATHI & ASSOCIATES for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| GOPAL RATHI & ASSOCIATES | FY 2020 | 014053C |
Shareholding
The shareholding of Avetea Exotics Private Limited is on record for FY 2020, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2020 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Avetea Exotics Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Avetea Exotics Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Avetea Exotics Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Avetea Exotics has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Avetea Exotics Private Limited, buy the company report.
Recent activity
Avetea Exotics Private Limited has 3 board changes on record since 2018: 2 appointments and 1 cessation. The latest: Abhishek Sircar ceased to be Director on 15 Jan 2020.
Frequently asked questions
Avetea Exotics is an active private limited company based in Bengaluru, Karnataka, India. The company works in agro retail and distribution, within the agriculture industry. It was incorporated on 28 February 2018 (8+ years old) and is registered under CIN U74999KA2018PTC110610.
Avetea Exotics has 2 current directors:
- Kamal Nandan Sinha - Director
- Neeta Sinha - Director
The latest financial statements of Avetea Exotics on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 31 December 2020. Year-wise statements from FY 2018 are in the company report.
No. Avetea Exotics has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Avetea Exotics is U74999KA2018PTC110610. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Avetea Exotics was incorporated on 28 February 2018, making it 8+ years old. It is registered with the Registrar of Companies, Bangalore.
Abhishek Sircar ceased to be Director on 15 Jan 2020. Kamal Nandan Sinha was appointed as Director on 15 Jan 2020. Neeta Sinha was appointed as Director on 28 Feb 2018.
Avetea Exotics can be reached through the website avetea.com. Its registered office is in Bengaluru, Karnataka, India.
The registered office of Avetea Exotics is at No 108 Palm Villey Dodda Thimmasandra Road Sarjapura, Bengaluru, Karnataka, India – 561125.
Avetea Exotics operates in the agriculture industry, in the agro retail and distribution segment.
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