Startup India Government of India
Aadvi Innovations Private Limited
Aadvi Innovations Private Limited - business services in Hubli, Karnataka, India. Directors, charges & compliance details.
Revenue · FY 2022
₹2.12 Lakh
▲ 81% YoY
Net loss · FY 2022
₹2,617
Net margin -1.2%
EBITDA · FY 2022
-₹2,617
EBITDA margin -1.2%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹20,000
Issued & subscribed
Company age
6 yrs
Est. 2020
Directors on board
2
As per MCA filings
GST registrations
1
None active
About Aadvi Innovations Private Limited
Data last updated:
Aadvi Innovations Private Limited is a private limited company based in Hubli, Karnataka, India, recognised as a startup by DPIIT. It operates in the diversified business activities segment of the business services sector. It was incorporated on 05 June 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74999KA2020PTC134619. The company has 1 GST registration on record, which is no longer active.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 ₹20,000. It is led by directors Adarsh Bagewadi and Avinash Basappa Ranchagi.
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 is at Ground Floor Hno77 Patil Layout Near Kat Ti Mangalamma Temple Lingraj Nagar North, Hubli, Karnataka, India – 580031.
As per the financials filed for FY 2022, the company reported a revenue of ₹2.12 Lakh, a growth of 81% compared to the previous year. For the same year it recorded a net loss of ₹2,617 (net margin -1.2%) and EBITDA of -₹2,617 (EBITDA margin -1.2%).
Aadvi Innovations Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-13-0009048).
Company details
CIN U74999KA2020PTC134619
Registration Number 134619
Incorporation Date 05 June 2020
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2022
Date of Balance Sheet 31 March 2022
DPIIT Recognition Recognised Startup
MSME Classification Micro
Udyam Registration UDYAM-KR-13-0009048
Recognitions & Rankings of Aadvi Innovations
MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-KR-13-0009048
Contact details
Aadvi Innovations Private Limited's registered office is in Hubli, Karnataka.
- Registered AddressGround Floor Hno77 Patil Layout Near Kat Ti Mangalamma Temple Lingraj Nagar North, Hubli, Karnataka, India – 580031
- IndustryBusiness Services, Miscellaneous Business Activities, Other Services
Comprehensive company report
Aadvi Innovations Private Limited - one report that includes everything
- 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
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Secure checkout · GST invoice included
Business activity
The main business activity of Aadvi Innovations 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 Aadvi Innovations Private Limited, buy the company report.
Financials of Aadvi Innovations Private Limited
FY 2022 filings availableAadvi Innovations Private Limited reported revenue of ₹2.12 Lakh (up 81% YoY) for FY 2022.
Revenue · FY 2022
₹2.12 Lakh ▲ 81%
Net loss · FY 2022
₹2,617 margin -1.2%
EBITDA · FY 2022
-₹2,617 margin -1.2%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 81%
EBITDA CAGR growth
1 year
▲ 85%
Revenue rose 81% in the latest year. EBITDA rose 85% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2021-22 | FY 2020-21 |
|---|---|---|
| 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 | -₹2,617 | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | -₹2,617 | |
| 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
| Metrics | FY 2021-22 | FY 2020-21 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | -1.2% | |
| Net Profit Margin | -1.2% | |
| 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 | ||
To see the full financial statements and ratios of Aadvi Innovations Private Limited, buy the company report.
Board of directors of Aadvi Innovations Private Limited
Aadvi Innovations has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Adarsh Bagewadi Also directs: Bagewadi Associates Private Limited | Director | 05 Jun 2020 | 6 Years 5 Months | Current |
| Avinash Basappa Ranchagi | Director | 05 Jun 2020 | 6 Years 5 Months | Current |
Peer comparison
Aadvi Innovations Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Gaj Gajanan Industries Private Limited | ₹2.12 Lakh (FY 2023) | Pune, Maharashtra, India | ||||
| Personal Enterprises Private Limited | ₹2.12 Lakh (FY 2023) | 94.0% | Delhi, India | |||
| Raja Tyres Private Limited | ₹2.12 Lakh (FY 2025) | 130.0% | Ahmedabad, Gujarat, India | |||
| Wihomesmart Solutions Private Limited | ₹2.12 Lakh (FY 2021) | -91.0% | Bangalore, Karnataka, India | |||
| Sharma Deposits and Advances Ltd | ₹2.12 Lakh (FY 2021) | -59.0% | Kolkata, West Bengal, India | |||
| Aadvi Innovations Private Limitedthis company | ₹2.12 Lakh (FY 2022) | -₹2,617 | -1.2% | 81.0% | Hubli, Karnataka, India | |
| Lipsa Emporium and Home Decor Sales (OPC) Private Limited | ₹2.12 Lakh (FY 2018) | Bankur, West Bengal, India | ||||
| Confident Commercial Private Limited | ₹2.12 Lakh (FY 2025) | -6.0% | Kolkata, West Bengal, India | |||
| Nirmaan Constro Projects Private Limited | ₹2.12 Lakh (FY 2025) | 22.0% | Aurangabad, Maharashtra, India | |||
| Bhagvan Ji Sweets Private Limited | ₹2.12 Lakh (FY 2023) | 101.0% | Delhi, India | |||
| Sairus Gems Private Limited | ₹2.12 Lakh (FY 2018) | 32491.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Aadvi Innovations Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Aadvi Innovations 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 Aadvi Innovations Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Aadvi Innovations has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
Total GSTINs
1
Cancelled / inactive
1
To see the full GST registrations and return filing status of Aadvi Innovations Private Limited, buy the company report.
Recent activity
Aadvi Innovations Private Limited has 2 board changes on record since 2020: 2 appointments. The latest: Adarsh Bagewadi was appointed as Director on 05 Jun 2020.
AGM
Aadvi Innovations Private Limited last Annual general meeting of members was held on 30 Sep 2022 as per latest MCA records.
Filing
Aadvi Innovations Private Limited has filed its annual Financial statements for the year ended 31 Mar 2022 with Roc Bangalore.
Appointed
Adarsh Bagewadi was appointed as Director.
Appointed
Avinash Basappa Ranchagi was appointed as Director.
Incorporation
05 Jun 2020
Aadvi Innovations Private Limited was registered on 05 Jun 2020 with Roc Bangalore & aged 6 years 5 months as per MCA records.
Frequently asked questions
Aadvi Innovations is an active private limited company based in Hubli, Karnataka, India. The company works in miscellaneous business activities, within the business services industry. It was incorporated on 05 June 2020 (6+ years old) and is registered under CIN U74999KA2020PTC134619.
Aadvi Innovations has 2 current directors:
- Adarsh Bagewadi - Director
- Avinash Basappa Ranchagi - Director
The latest financial statements of Aadvi Innovations 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 2021 are in the company report.
No. Aadvi Innovations has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Aadvi Innovations is U74999KA2020PTC134619. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Aadvi Innovations was incorporated on 05 June 2020, making it 6+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Aadvi Innovations by revenue are Gaj Gajanan Industries Private Limited, Personal Enterprises Private Limited, Raja Tyres Private Limited, Wihomesmart Solutions Private Limited, Sharma Deposits and Advances Ltd and 5 more, all in the same principal business activity (wholesale trading).
Adarsh Bagewadi was appointed as Director on 05 Jun 2020. Avinash Basappa Ranchagi was appointed as Director on 05 Jun 2020.
Yes, Aadvi Innovations is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Aadvi Innovations is registered as a micro enterprise under Udyam registration (number: UDYAM-KR-13-0009048).
The registered office of Aadvi Innovations is at Ground Floor Hno77 Patil Layout Near Kat Ti Mangalamma Temple Lingraj Nagar North, Hubli, Karnataka, India – 580031.
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