Abhinav Assets Private Limited
About Abhinav Assets Private Limited
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Abhinav Assets Private Limited is a private limited company based in Vadodara, Gujarat, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 21 December 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U45200GJ2010PTC063312. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹2.5 Cr and a paid-up capital of ₹2.21 Cr. It is led by directors including Manish Rajeshbhai Pandit and Sunil Rajesh Pandit.
Its last annual general meeting (AGM) was held on 30 September 2015, and its latest financial statements are for the year ended 31 March 2015. The registered office is at 401 Saakar Splendora II Nr. Marry Land Party Plot Vemali Sama Savli Road, Vadodara, Gujarat, India – 390004.
As per the financials filed for FY 2015, the company reported a revenue of ₹1.42 Cr, a decline of 67% compared to the previous year. For the same year it recorded a net profit of ₹1.59 Lakh (net margin 1.1%) and EBITDA of ₹10.32 Lakh (EBITDA margin 7.2%).
As per MCA filings, the company has open charges of ₹12.55 Cr on record. Court records list 7 cases involving the company, including 7 filed against it; 2 cases are pending.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
Contact details
Abhinav Assets Private Limited's registered office is in Vadodara, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address401 Saakar Splendora II Nr. Marry Land Party Plot Vemali Sama Savli Road, Vadodara, Gujarat, India – 390004
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Abhinav Assets 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 Abhinav Assets Private Limited
FY 2015 filings availableAbhinav Assets Private Limited reported revenue of ₹1.42 Cr (down 67% YoY) for FY 2015.
Compounded Annual Growth Rate (CAGR)
Revenue fell 67% in the latest year. EBITDA fell 84% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2014-15 |
|---|---|
| Profit and Loss Statement | |
| Revenue from Operations | ₹1.42 Cr |
| Other Income | |
| Total Revenue | |
| Cost of Materials Consumed | |
| Employee Benefit Expense | |
| Finance Costs | |
| Depreciation and Amortisation | |
| Other Expenses | |
| Total Expenses | |
| EBITDA | ₹10.32 Lakh |
| Profit Before Tax | |
| Tax Expense | |
| Net Profit (PAT) | ₹1.59 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
| Metrics | FY 2014-15 |
|---|---|
| Profitability | |
| EBITDA Margin | 7.2% |
| Net Profit Margin | 1.1% |
| 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 Abhinav Assets Private Limited, buy the company report.
Board of directors of Abhinav Assets Private Limited
Abhinav Assets has 4 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Manish Rajeshbhai Pandit | Director | 21 Dec 2010 | 15 Years 10 Months | Current |
| Rajesh Govindlal Pandit | Additional Director | 11 Aug 2011 | 15 Years 2 Months | Current |
| Gunjan Sunil Pandit | Additional Director | 11 Aug 2011 | 15 Years 2 Months | Current |
| Sunil Rajesh Pandit | Director | 21 Dec 2010 | 15 Years 10 Months | Current |
Auditor
Abhinav Assets Private Limited is audited by NIRAV SHAH & ASSOCIATES for the financial year 2015.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| NIRAV SHAH & ASSOCIATES | FY 2015 | 121897W |
Shareholding
The shareholding of Abhinav Assets Private Limited is on record for FY 2015, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2015 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Abhinav Assets Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 Jan 2016 | 10627398 | Karnataka Bank Ltd. | ₹8.1 Cr | Open | |
| 14 Sep 2011 | 10310041 | Karnataka Bank Limited | ₹4.45 Cr | Open |
Total charge records: 2 View all charges
Legal cases
Abhinav Assets Private Limited has 7 court cases on record: 7 filed against it. 2 cases are pending and 5 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 5 | 5 | 2 |
| High courts | 2 | 2 | 0 |
Cases on record (5 of 7)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Vadodara, Gujarat | Commercial matter | Filed against the company by Karnataka Bank Ltd. | Pending |
| District court, Vadodara, Gujarat | Criminal miscellaneous application | Filed against the company by Karnataka Bank Limited - Chief Manager and Authorised Officer Mr. Shriniwasas Moorthy M. | Disposed |
| District court, Vadodara, Gujarat | Court case (SPCS) | Filed against the company by an individual | Pending |
| High Court, GUJARAT | Special civil application | Filed against the company by an individual | Disposed |
| District court, Vadodara, Gujarat | Court case (CMA DC) | Filed against the company by an individual | Disposed |
To see the full case history of Abhinav Assets 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 Abhinav Assets Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Abhinav Assets 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 Abhinav Assets Private Limited, buy the company report.
Recent activity
Abhinav Assets Private Limited has 4 board changes on record since 2010: 4 appointments. The latest: Gunjan Sunil Pandit was appointed as Additional Director on 11 Aug 2011.
Frequently asked questions
Abhinav Assets is an active private limited company based in Vadodara, Gujarat, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 21 December 2010 (16+ years old) and is registered under CIN U45200GJ2010PTC063312.
Abhinav Assets has 4 current directors:
- Manish Rajeshbhai Pandit - Director
- Rajesh Govindlal Pandit - Additional Director
- Gunjan Sunil Pandit - Additional Director
- Sunil Rajesh Pandit - Director
The latest financial statements of Abhinav Assets on record with the MCA are for the year ended 31 March 2015. Its last annual general meeting was held on 30 September 2015. Year-wise statements from 2015 are in the company report.
No. Abhinav Assets has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Abhinav Assets is U45200GJ2010PTC063312. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Abhinav Assets has 7 court cases on record: 7 filed against it. 2 are pending. Most are in the district courts.
Abhinav Assets was incorporated on 21 December 2010, making it 16+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Gunjan Sunil Pandit was appointed as Additional Director on 11 Aug 2011. Rajesh Govindlal Pandit was appointed as Additional Director on 11 Aug 2011. Manish Rajeshbhai Pandit was appointed as Director on 21 Dec 2010. Abhinav Assets has 4 board changes on record in total.
The registered office of Abhinav Assets is at 401 Saakar Splendora II Nr. Marry Land Party Plot Vemali Sama Savli Road, Vadodara, Gujarat, India – 390004.
Abhinav Assets operates in the real estate and construction industry, in the real estate builders and developers segment.
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