Adev Ventures Private Limited
About Adev Ventures Private Limited
Data last updated:
Adev Ventures Private Limited is a private limited company based in Pune, Maharashtra, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 31 December 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U70100PN2019PTC188803. Its GSTIN is 27AATCA1206A1Z5 (Maharashtra).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Amit Jaiprakash Goel and Atul Jaiprakash Goel.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at 5 Bund Garden Rd 3rd Floor San Mahu Commercial Complex Camp, Pune, Maharashtra, India – 411001.
As per the financials filed for FY 2023, the company reported a revenue of ₹2.68 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹1.33 Cr (net margin 49.8%) and EBITDA of ₹1.62 Cr (EBITDA margin 60.6%). Revenue has grown at a compounded annual rate (CAGR) of 305% over three years.
As per MCA filings, the company has open charges of ₹325 Cr and satisfied charges of ₹358.34 Cr on record. Court records list 10 cases involving the company, including 9 filed by the company and 1 filed against it; 3 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Adev Ventures Private Limited's registered office is in Pune, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address5 Bund Garden Rd 3rd Floor San Mahu Commercial Complex Camp, Pune, Maharashtra, India – 411001
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Adev Ventures 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
Business activity
The main business activity of Adev Ventures is construction. In detail, this covers buildings.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| F | Construction | F1 | Buildings |
To see the full business activity and turnover split of Adev Ventures Private Limited, buy the company report.
Financials of Adev Ventures Private Limited
FY 2023 filings availableAdev Ventures Private Limited reported revenue of ₹2.68 Cr (up 1487% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 305% over three years. EBITDA rose 554% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ||||
| Other Income | ||||
| Total Revenue | ₹2.68 Cr | |||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | ₹1.62 Cr | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | ₹1.33 Cr | |||
| 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 60.6% | |||
| Net Profit Margin | 49.8% | |||
| 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 | ||||
To see the full financial statements and ratios of Adev Ventures Private Limited, buy the company report.
Board of directors of Adev Ventures Private Limited
Adev Ventures has 5 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Amit Jaiprakash Goel Also directs: Goel Ganga Housing LLP, Goel Ganga City Developers LLP, Goel Ganga Associates LLP and 5 more | Director | 31 Dec 2019 | 6 Years 9 Months | Current |
| Atul Jaiprakash Goel Also directs: Goel Ganga Housing LLP, Goel Ganga City Developers LLP, Goel Ganga Associates LLP and 5 more | Director | 31 Dec 2019 | 6 Years 9 Months | Current |
| Shllok Arun Gupta Also directs: Gupta & Associates Developers Private Limited, Celesta Developers LLP, Shllok Realestates LLP and 4 more | Additional Director | 14 May 2024 | 2 Years 5 Months | Current |
| Sonu Arun Gupta Also directs: Gupta & Associates Developers Private Limited, Celesta Developers LLP, Shllok Realestates LLP and 5 more | Director | 11 Jul 2022 | 4 Years 3 Months | Current |
| Ramsharan Banarasidas Gupta Also directs: Gupta & Associates Developers Private Limited, Celesta Developers LLP, Shllok Realestates LLP and 5 more | Director | 31 Dec 2019 | 6 Years 9 Months | Current |
Auditor
Adev Ventures Private Limited is audited by AGH & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| AGH & Associates | FY 2023 | 121877W |
Shareholding
The shareholding of Adev Ventures Private Limited is on record for 3 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2021 | FY 2020 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Adev Ventures Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 10 Sep 2024 | 100984915 | Others | ₹37 Cr | Open | |
| 13 Mar 2023 | 100699732 | Others | ₹144 Cr | Open | |
| 13 Mar 2023 | 100699731 | Others | ₹144 Cr | Open | |
| 21 Sep 2022 | 100612758 | Others | ₹58.34 Cr | Satisfied | |
| 21 Sep 2022 | 100612762 | Idbi Trusteeship Services Limited | ₹300 Cr | Satisfied |
To see the full charge records of Adev Ventures Private Limited, buy the company report.
Total charge records: 5 View all charges
Legal cases
Adev Ventures Private Limited has 10 court cases on record: 9 filed by Adev Ventures, 1 filed against it. 3 cases are pending and 7 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 7 | 1 | 3 |
| NCLT | 2 | 0 | 0 |
| Supreme Court | 1 | 0 | 0 |
Cases on record (5 of 10)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Pune, Maharashtra | Civil suit | Filed by the company against an individual | Pending |
| District court, Pune, Maharashtra | Civil suit | Filed by the company against an individual | Pending |
| District court, Pune, Maharashtra | Civil suit | Filed by the company against an individual | Pending |
| District court, Pune, Maharashtra | Court case (Civil M.A.) | Filed against the company by an individual | Disposed |
| District court, Pune, Maharashtra | Civil suit | Filed by the company against individuals | Disposed |
To see the full case history of Adev Ventures 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 Adev Ventures Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Adev Ventures has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AATCA1206A1Z5 | Maharashtra | Active | 06 Feb 2020 |
To see the full GST registrations and return filing status of Adev Ventures Private Limited, buy the company report.
Recent activity
Adev Ventures Private Limited has 7 board changes on record since 2019: 5 appointments and 2 cessations. The latest: Shllok Arun Gupta was appointed as Additional Director on 14 May 2024.
5 earlier events are in the company report.
Frequently asked questions
Adev Ventures is an active private limited company based in Pune, Maharashtra, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 31 December 2019 (7+ years old) and is registered under CIN U70100PN2019PTC188803.
Adev Ventures has 5 current directors:
- Amit Jaiprakash Goel - Director
- Atul Jaiprakash Goel - Director
- Shllok Arun Gupta - Additional Director
- Sonu Arun Gupta - Director
- Ramsharan Banarasidas Gupta - Director
The latest financial statements of Adev Ventures on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from FY 2020 are in the company report.
The GSTIN of Adev Ventures is 27AATCA1206A1Z5, registered in Maharashtra.
The CIN (Corporate Identification Number) of Adev Ventures is U70100PN2019PTC188803. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Adev Ventures has 10 court cases on record: 9 filed by the company and 1 filed against it. 3 are pending. Most are in the district courts.
Adev Ventures was incorporated on 31 December 2019, making it 7+ years old. It is registered with the Registrar of Companies, Pune.
Shllok Arun Gupta was appointed as Additional Director on 14 May 2024. Sonu Arun Gupta ceased to be Additional Director on 30 Sep 2022. Sonu Arun Gupta was appointed as Director on 11 Jul 2022. Adev Ventures has 7 board changes on record in total.
The registered office of Adev Ventures is at 5 Bund Garden Rd 3rd Floor San Mahu Commercial Complex Camp, Pune, Maharashtra, India – 411001.
Adev Ventures operates in the real estate and construction industry, in the real estate builders and developers segment.