Advent Corporation Private Limited
About Advent Corporation Private Limited
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Advent Corporation Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 15 July 1959 and has been in existence for over 67 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U45200MH1959PTC011400.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Kaveesha Praveen Desai and Saroj Praveen Desai.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 207 Panchsheel Condominium C Road Churchgate, Mumbai, Maharashtra, India – 400020.
As per the financials filed for FY 2024, the company reported a revenue of ₹21.15 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹3.32 Lakh (net margin -15.7%) and EBITDA of ₹7.42 Lakh (EBITDA margin 35.1%). Revenue has grown at a compounded annual rate (CAGR) of 28% over three years and 14% over five years.
Court records list 6 cases involving the company, including 3 filed by the company and 3 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Advent Corporation Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address207 Panchsheel Condominium C Road Churchgate, Mumbai, Maharashtra, India – 400020
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Advent Corporation 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 Advent Corporation Private Limited
FY 2025 filings availableAdvent Corporation Private Limited reported revenue of ₹21.15 Lakh (up 440% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 14% over five years, including 440% growth in the latest year. EBITDA rose 155% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Total Expenses | |||||
| EBITDA | ₹7.42 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹3.32 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 35.1% | ||||
| Net Profit Margin | -15.7% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of Advent Corporation Private Limited, buy the company report.
Board of directors of Advent Corporation Private Limited
Advent Corporation has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kaveesha Praveen Desai | Director | 15 Sep 2006 | 20 Years 1 Months | Current |
| Saroj Praveen Desai | Director | 09 Jan 1972 | 54 Years 10 Months | Current |
| Atul Srivastava | Director | 29 Aug 2019 | 7 Years 2 Months | Current |
Peer comparison
Advent Corporation 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 |
|---|---|---|---|---|---|---|
| Samundar Retails Private Limited | ₹21.17 Lakh (FY 2025) | 10.0% | Kolkata, West Bengal, India | |||
| Trishabh Realty Private Limited | ₹21.17 Lakh (FY 2025) | 25.0% | Mumbai, Maharashtra, India | |||
| Chowdhury Enterprises Private Limited | ₹21.16 Lakh (FY 2025) | -13.0% | Burdwan, West Bengal, India | |||
| Agarwal Business Centre Properties Private Limited | ₹21.15 Lakh (FY 2025) | 385.0% | Pune, Maharashtra, India | |||
| Award Tradelink Private Limited | ₹21.15 Lakh (FY 2025) | 12.0% | Howrah, West Bengal, India | |||
| Advent Corporation Private Limitedthis company | ₹21.15 Lakh (FY 2024) | -₹3.32 Lakh | -15.7% | 440.0% | Mumbai, Maharashtra, India | |
| Om Hanumant Buildcon Private Limited | ₹21.14 Lakh (FY 2024) | 3.0% | New Delhi, Delhi, India | |||
| Exotic Estates Private Limited | ₹21.14 Lakh (FY 2025) | -16.0% | New Delhi, Delhi, India | |||
| Peerless Constructions Private Limited | ₹21.14 Lakh (FY 2025) | 55.0% | Mumbai, Maharashtra, India | |||
| KKM Building and Event Management Services (OPC) Private Limited | ₹21.13 Lakh (FY 2022) | -6.0% | Ernakulam, Kerala, India | |||
| Markup Builders and Developers Limited | ₹21.13 Lakh (FY 2020) | -8.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Advent Corporation Private Limited, buy the company report.
Auditor
Advent Corporation Private Limited is audited by R S P & CO for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| R S P & CO | FY 2021 | 118669W |
Shareholding
The shareholding of Advent Corporation Private Limited is on record for 4 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Advent Corporation Private Limited, buy the company report.
Legal cases
Advent Corporation Private Limited has 6 court cases on record: 3 filed by Advent Corporation, 3 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 2 | 0 |
| High courts | 1 | 0 | 0 |
| Supreme Court | 1 | 1 | 0 |
Cases on record (5 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai Small Causes Court, Maharashtra | Court case (Revision) | Filed by the company against Indian Express Newspapers Mumbai Limited and 1 other | Disposed |
| District court, Mumbai Small Causes Court, Maharashtra | Court case (Ob.Notice) | Filed against the company by Indian Express Newspapers Mumbai Limited | Disposed |
| Bombay High Court | Appeal | Filed by the company against The Municipal Corporation for Greater Bombay | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Civil suit | Filed against the company by an individual | Disposed |
| Supreme Court | Court case (1900-Three Judges Bench Matter) | Filed against the company by an individual | Disposed |
To see the full case history of Advent Corporation 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 Advent Corporation 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 Advent Corporation Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Advent Corporation Private Limited has 5 board changes on record since 1972: 3 appointments and 2 cessations. The latest: Atul Srivastava ceased to be Additional Director on 30 Sep 2019.
Frequently asked questions
Advent Corporation is an active private limited company based in Mumbai, Maharashtra, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 15 July 1959 (67+ years old) and is registered under CIN U45200MH1959PTC011400.
Advent Corporation has 3 current directors:
- Kaveesha Praveen Desai - Director
- Saroj Praveen Desai - Director
- Atul Srivastava - Director
The latest financial statements of Advent Corporation on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Advent Corporation is U45200MH1959PTC011400. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Advent Corporation has 6 court cases on record: 3 filed by the company and 3 filed against it. Most are in the district courts.
Advent Corporation was incorporated on 15 July 1959, making it 67+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Advent Corporation by revenue are Samundar Retails Private Limited, Trishabh Realty Private Limited, Chowdhury Enterprises Private Limited, Agarwal Business Centre Properties Private Limited, Award Tradelink Private Limited and 5 more, all in the Real Estate industry (Builders and Developers).
Atul Srivastava ceased to be Additional Director on 30 Sep 2019. Atul Srivastava was appointed as Director on 29 Aug 2019. Praveen Dalpatram Desai ceased to be Director on 21 Mar 2011. Advent Corporation has 5 board changes on record in total.
The registered office of Advent Corporation is at 207 Panchsheel Condominium C Road Churchgate, Mumbai, Maharashtra, India – 400020.
Advent Corporation operates in the real estate and construction industry, in the real estate builders and developers segment.
The compliance status of Advent Corporation is compliant as of 12 September 2026. The company is actively filing with the Registrar of Companies.
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