Sithara Avenue Private Limited
About Sithara Avenue Private Limited
Data last updated:
Sithara Avenue Private Limited is a private limited company based in Kochi, Kerala, India, a subsidiary of Vaz Forwarding Limited. It operates in the real estate financing segment of the financial services sector. It was incorporated on 17 October 1991 and has been in existence for over 35 years.
The company is registered with the Registrar of Companies (ROC), Ernakulam, under CIN U70102KL1991PTC096134.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Topcon Developers Private Limited. It is led by directors Ajna Abeeb and Cherukandazath Seethy Abeeb.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Kochi, Kerala.
As per the financials filed for FY 2022, the company reported a revenue of ₹1.82 Lakh, a growth of 24% compared to the previous year. For the same year it recorded a net loss of ₹12.62 Lakh and EBITDA of -₹12.44 Lakh. Revenue has grown at a compounded annual rate (CAGR) of 81% over three years and 49% 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
CIN history
Sithara Avenue has one previous CIN (Corporate Identification Number): U70102KA1991PTC012429. The current CIN is U70102KL1991PTC096134, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U70102KL1991PTC096134 | Current |
| U70102KA1991PTC012429 | Previous |
Contact details
Sithara Avenue Private Limited's registered office is in Kochi, Kerala.
- Registered AddressX111 – 816 Vikas Road, Karuvelipady Cochin, Kochi, Kerala, India – 682005
- IndustryFinancial Services, Real Estate Financing
- 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 Sithara Avenue is real estate activities. In detail, this covers real estate activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| L | Real estate activities | 68 | Real estate activities |
Financials of Sithara Avenue Private Limited
FY 2024 filings availableSithara Avenue Private Limited reported revenue of ₹1.82 Lakh (up 24% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 49% over five years, including 24% growth 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹1.82 Lakh | ||||
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| Total Expenses | |||||
| EBITDA | -₹12.44 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹12.62 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
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To see the full financial statements and ratios of Sithara Avenue Private Limited, buy the company report.
Board of directors of Sithara Avenue Private Limited
Sithara Avenue 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 |
|---|---|---|---|---|
| Ajna Abeeb Also directs: Sithara Trade Links Private Limited | Additional Director | 25 Mar 2023 | 3 Years 7 Months | Current |
| Cherukandazath Seethy Abeeb Also directs: Sithara Recyclers Private Limited, Sithara Refinaries Private Limited, Sithara Trade Links Private Limited and 1 more | Additional Director | 25 Mar 2023 | 3 Years 7 Months | Current |
Legal cases
Sithara Avenue Private Limited has 1 court case on record: 1 filed by Sithara Avenue. 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 | Writ petition | Filed by the company against individuals | Disposed |
To see the full case history of Sithara Avenue 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 Sithara Avenue Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Sithara Avenue Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Sithara Avenue Private Limited has 7 board changes on record since 2016: 2 appointments and 5 cessations. The latest: Ratish Chandrakant Pednekar ceased to be Director on 01 Apr 2023.
Frequently asked questions
Sithara Avenue is an active private limited company based in Kochi, Kerala, India. The company works in real estate financing, within the financial services industry. It was incorporated on 17 October 1991 (35+ years old) and is registered under CIN U70102KL1991PTC096134.
Sithara Avenue has 2 current directors:
- Ajna Abeeb - Additional Director
- Cherukandazath Seethy Abeeb - Additional Director
The latest financial statements of Sithara Avenue on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Sithara Avenue is U70102KL1991PTC096134. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sithara Avenue has 1 court case on record: 1 filed by the company.
Sithara Avenue was incorporated on 17 October 1991, making it 35+ years old. It is registered with the Registrar of Companies, Ernakulam.
Ratish Chandrakant Pednekar ceased to be Director on 01 Apr 2023. Ajna Abeeb was appointed as Additional Director on 25 Mar 2023. Cherukandazath Seethy Abeeb was appointed as Additional Director on 25 Mar 2023. Sithara Avenue has 7 board changes on record in total.
The registered office of Sithara Avenue is at X111 – 816 Vikas Road, Karuvelipady Cochin, Kochi, Kerala, India – 682005.
Sithara Avenue operates in the financial services industry, in the real estate financing segment.
The compliance status of Sithara Avenue is compliant as of 08 September 2026. The company is actively filing with the Registrar of Companies.