About Aavan Developers Private Limited
Data last updated:
Aavan Developers Private Limited was a private limited company based in Ahmedabad, Gujarat, India, operated as a subsidiary of Pacifica (India) Projects Private Limited. 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 development and construction segment of the real estate and construction sector. It was incorporated on 25 September 2007.
The company was registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U45201GJ2007PTC051827.
The company had an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Pacifica Sola Project Private Limited and Realtybrand Developers Private Limited. It was led by directors Rakesh Motilal Israni and Gunjan Rakesh Israni Israni.
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 was at 33 Amrapalash Bunglows B/H Fun Republic Ramdevnagar, Ahmedabad, Gujarat, India – 380015.
As per the financials filed for FY 2022, the company reported a revenue of ₹3.93 Cr. For the same year it recorded a net loss of ₹6.69 Lakh (net margin -1.7%) and EBITDA of ₹3.82 Cr (EBITDA margin 97.2%).
As per MCA filings, the company had satisfied charges of ₹140 Cr on record.
The last known website on record is pacificacompanies.co.in.
Company details
Name history
Aavan Developers has undergone 2 name changes throughout its history. The company was previously known as Pacifica Sola Project Private Limited, and Realtybrand Developers Private Limited. The current legal name is Aavan Developers Private Limited.
| Company Name | Status |
|---|---|
| Aavan Developers Private Limited | Current |
| Pacifica Sola Project Private Limited | Previous |
| Realtybrand Developers Private Limited | Previous |
Contact details
Aavan Developers Private Limited's registered office is in Ahmedabad, Gujarat. Its website is pacificacompanies.co.in. Its e-mail address is in the company report.
- Email
- Website
- Registered Address33 Amrapalash Bunglows B/H Fun Republic Ramdevnagar, Ahmedabad, Gujarat, India – 380015
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Aavan 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
Financials of Aavan Developers Private Limited
FY 2022 filings availableAavan Developers Private Limited reported revenue of ₹3.93 Cr for FY 2022.
Financial Statement Summary
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
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| EBITDA | ₹3.82 Cr | ||||
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| Net Profit (PAT) | -₹6.69 Lakh | ||||
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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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| Profitability | |||||
| EBITDA Margin | 97.2% | ||||
| Net Profit Margin | -1.7% | ||||
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To see the full financial statements and ratios of Aavan Developers Private Limited, buy the company report.
Board of directors of Aavan Developers Private Limited
Aavan Developers has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rakesh Motilal Israni Also directs: Dharti Madrid County LLP, Pacifica Infraspace LLP, Pacifica Chennai Padur Developers LLP and 5 more | Director | 25 Sep 2007 | 19 Years 1 Months | As last reported |
| Gunjan Rakesh Israni Israni Also directs: Dharti Madrid County LLP, Pacifica Chennai Padur Developers LLP, Pacifica Lakeside Developers LLP and 5 more | Director | 25 Sep 2007 | 19 Years 1 Months | As last reported |
Peer comparison
Aavan Developers Private Limited is compared with the 10 companies closest to it by revenue in the Real Estate industry (Builders and Developers), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Sgepl Infrastructure Private Limited | ₹3.94 Cr (FY 2025) | -37.0% | Raipur, Chhattisgarh, India | |||
| JVD Life Space Private Limited | ₹3.94 Cr (FY 2025) | -43.0% | Mumbai, Maharashtra, India | |||
| Iconinfra Estate Services Private Limited | ₹3.94 Cr (FY 2022) | 73.0% | Lucknow, Uttar Pradesh, India | |||
| Parma Nand Singh Builders Private Limited | ₹3.94 Cr (FY 2025) | 112.0% | Ghatshila, Jharkhand, India | |||
| Uniworth Finvest Private Limited | ₹3.94 Cr (FY 2023) | -20.0% | Bangalore, Karnataka, India | |||
| Aavan Developers Private Limitedthis company | ₹3.93 Cr (FY 2022) | -₹6.69 Lakh | -1.7% | Ahmedabad, Gujarat, India | ||
| M.V. Housing Private Limited | ₹3.93 Cr (FY 2022) | 884.0% | Kolkata, West Bengal, India | |||
| Comfort Space Designs Private Limited | ₹3.93 Cr (FY 2025) | -14.0% | Bangalore, Karnataka, India | |||
| Ravshan Engineers Services Private Limited | ₹3.93 Cr (FY 2023) | -11.0% | Patna, Bihar, India | |||
| Akshita Buildcon Private Limited | ₹3.93 Cr (FY 2025) | 0.0% | Ghaziabad, Uttar Pradesh, India | |||
| DB Contractors & Builders Private Limited | ₹3.93 Cr (FY 2025) | 33503.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Aavan Developers Private Limited, buy the company report.
Auditor
Aavan Developers Private Limited is audited by JAIN P C & ASSOCIATES for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| JAIN P C & ASSOCIATES | FY 2020 | 126313W |
Shareholding
The shareholding of Aavan Developers Private Limited is on record for 3 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Aavan Developers Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 21 Jun 2021 | 100509259 | Idbi Trusteeship Services Limited | ₹70 Cr | Satisfied | |
| 27 May 2021 | 100509257 | Idbi Trusteeship Services Limited | ₹70 Cr | Satisfied |
To see the full charge records of Aavan Developers Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
No court or tribunal cases involving Aavan Developers 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 Aavan Developers 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 Aavan Developers Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Aavan Developers Private Limited has 2 board changes on record since 2007: 2 appointments. The latest: Gunjan Rakesh Israni Israni was appointed as Director on 25 Sep 2007.
Frequently asked questions
Aavan 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.
Aavan Developers was a private limited company based in Ahmedabad, Gujarat, India. The company worked in real estate builders and developers, within the real estate and construction industry. It was incorporated on 25 September 2007 and is registered under CIN U45201GJ2007PTC051827. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Aavan Developers was incorporated on 25 September 2007. It is registered with the Registrar of Companies, Ahmedabad.
Aavan Developers had 2 directors:
- Rakesh Motilal Israni - Director
- Gunjan Rakesh Israni Israni - Director
The CIN (Corporate Identification Number) of Aavan Developers is U45201GJ2007PTC051827. 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 Aavan Developers is at 33 Amrapalash Bunglows BH Fun Republic Ramdevnagar, Ahmedabad, Gujarat, India – 380015.
Aavan Developers can be reached through the website pacificacompanies.co.in. Its registered office is in Ahmedabad, Gujarat, India.
The latest financial statements of Aavan Developers 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 2015 are in the company report.
Aavan Developers operated in the real estate and construction industry, in the real estate builders and developers segment.
The peers of Aavan Developers by revenue are Sgepl Infrastructure Private Limited, JVD Life Space Private Limited, Iconinfra Estate Services Private Limited, Parma Nand Singh Builders Private Limited, Uniworth Finvest Private Limited and 5 more, all in the Real Estate industry (Builders and Developers).
Gunjan Rakesh Israni Israni was appointed as Director on 25 Sep 2007. Rakesh Motilal Israni was appointed as Director on 25 Sep 2007.