Avika Developers Private Limited
About Avika Developers Private Limited
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Avika Developers Private Limited was a private limited company based in Delhi, 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 real estate leasing and property management segment of the real estate sector. It was incorporated on 01 December 1994.
The company was registered with the Registrar of Companies (ROC), Delhi, under CIN U70100DL1994PTC063102.
The company had an authorised share capital of ₹2 Cr and a paid-up capital of ₹2 Cr. It was led by directors Nikhil Bansal and Braj Mohan Singh.
Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office was at 269 G/F Triveni Apartment Swayam Sewa Cghs Limited Jhilmil Colony, Delhi, India – 110095.
As per the financials filed for FY 2019, the company reported a revenue of ₹28.91 Lakh, a decline of 38% compared to the previous year. For the same year it recorded a net profit of ₹8.03 Lakh (net margin 27.8%) and EBITDA of ₹10.85 Lakh (EBITDA margin 37.5%). Revenue has declined at a compounded annual rate (CAGR) of 74% over three years.
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- Registered Address269 G/F Triveni Apartment Swayam Sewa Cghs Limited Jhilmil Colony, Delhi, India – 110095
- IndustryReal Estate, Real Estate Leasing, Contractual Work
- 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
- One PDF report, delivered after checkout
Financials of Avika Developers Private Limited FY 2019 filings available
Avika Developers Private Limited reported revenue of ₹28.91 Lakh (down 38% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR) of Avika Developers Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 74% over three years, including a 38% fall in the latest year. EBITDA fell 35% 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 of Avika Developers Private Limited
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹10.85 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹8.03 Lakh | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Avika Developers Private Limited
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 37.5% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 27.8% | •••• | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• | •••• | •••• |
| Liquidity and Debt | |||||
| Current Ratio | •••• | •••• | •••• | •••• | •••• |
| Quick Ratio | •••• | •••• | •••• | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
| Payable Days | •••• | •••• | •••• | •••• | •••• |
| Inventory Days | •••• | •••• | •••• | •••• | •••• |
| Revenue Growth | •••• | •••• | •••• | •••• | •••• |
| Net Profit Growth | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Avika Developers are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Auditor Details of Avika Developers Private Limited
Avika Developers Private Limited is audited by SUDHIR AGARWAL & ASSOCIATES for the financial year 2017.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| SUDHIR AGARWAL & ASSOCIATES | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Avika Developers Private Limited
Avika Developers has 2 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nikhil Bansal Also directs: Nam Advisors LLP, Abhinav Leasing and Finance Limited, Imvesta Fund Managers Private Limited and 2 more | Director | 03 Oct 2016 | 10 Years 0 Months | As last reported |
| Braj Mohan Singh Also directs: Jolly Plastic Inds Limited | Director | 02 May 2016 | 10 Years 5 Months | As last reported |
Ownership and Shareholding of Avika Developers Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Avika Developers Private Limited
Avika Developers Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Avika Developers Private Limited
Employment history and EPFO contributions of people linked to Avika Developers.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
CIN History of Avika Developers Private Limited
Avika Developers has one previous CIN (Corporate Identification Number): U74899DL1994PTC063102. The current CIN is U70100DL1994PTC063102, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U70100DL1994PTC063102 | Current |
| U74899DL1994PTC063102 | Previous |
Recent Activity on Avika Developers Private Limited
Avika Developers Private Limited has 12 board changes on record since 2009: 2 appointments and 10 cessations. The latest: Nikhil Bansal ceased to be Additional Director on 30 Sep 2017.
3 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Avika Developers Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Avika Developers Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Avika Developers Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Avika Developers Private Limited
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Avika Developers Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Avika Developers Private Limited
Avika Developers 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.
Avika Developers was a private limited company based in Delhi, India. The company worked in real estate leasing, within the real estate industry. It was incorporated on 01 December 1994 and is registered under CIN U70100DL1994PTC063102. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Avika Developers was incorporated on 01 December 1994. It is registered with the Registrar of Companies, Delhi.
Avika Developers had 2 directors:
- Nikhil Bansal - Director
- Braj Mohan Singh - Director
The CIN (Corporate Identification Number) of Avika Developers is U70100DL1994PTC063102. 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 Avika Developers is at 269 GF Triveni Apartment Swayam Sewa Cghs Limited Jhilmil Colony, Delhi, India – 110095.
Avika Developers reported revenue of ₹28.91 Lakh for FY 2019 (down 38% YoY).
Avika Developers has an authorised share capital of ₹2 Cr and a paid-up capital of ₹2 Cr.
Avika Developers reported a net profit of ₹8.03 Lakh (net margin 27.8%) and EBITDA of ₹10.85 Lakh (EBITDA margin 37.5%) for FY 2019, as per its filed financial statements.
Avika Developers operated in the real estate industry, in the real estate leasing segment.