About Avaasa Projects Private Limited
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Avaasa Projects Private Limited is a private limited company based in Hyderabad, Telangana, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 23 September 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U70109TG2021PTC155202. Its GSTIN is 37AAVCA8295M1ZI (Andhra Pradesh).
The company has an authorised share capital of ₹10 Cr and a paid-up capital of ₹4.52 Cr. It is led by directors Ravi Kiran Varma Kalidindi and Kalidindi Sai Sunil Varama.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 8 – 2 – 293/82 2nd Floor Phase – II Road No. 07 Film Nagar Jubilee Hills, Hyderabad, Telangana, India – 500063.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.3 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹33.19 Lakh (net margin 25.5%) and EBITDA of ₹37.45 Lakh (EBITDA margin 28.8%).
The company has about 15 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹44 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website avaasa.com.
Company details
Contact details
Avaasa Projects Private Limited's registered office is in Hyderabad, Telangana. Its website is avaasa.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address8 – 2 – 293/82 2nd Floor Phase – II Road No. 07 Film Nagar Jubilee Hills, Hyderabad, Telangana, India – 500063
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Avaasa Projects 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 Avaasa Projects Private Limited
FY 2024 filings availableAvaasa Projects Private Limited reported revenue of ₹1.3 Cr (up 260040% YoY) for FY 2024.
Financial Statement Summary
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 |
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| Total Expenses | |||
| EBITDA | ₹37.45 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | ₹33.19 Lakh | ||
| Balance Sheet | |||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 28.8% | ||
| Net Profit Margin | 25.5% | ||
| 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 Avaasa Projects Private Limited, buy the company report.
Board of directors of Avaasa Projects Private Limited
Avaasa Projects has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ravi Kiran Varma Kalidindi Also directs: CR Truebuild Infrastructure LLP, Rohika Projects Private Limited, Chaitanya Infrastructures Pvt Ltd and 5 more | Director | 23 Sep 2021 | 5 Years 1 Months | Current |
| Kalidindi Sai Sunil Varama | Director | 09 Dec 2022 | 3 Years 11 Months | Current |
Peer comparison
Avaasa Projects 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 |
|---|---|---|---|---|---|---|
| Denten Constructions India Private Limited | ₹1.3 Cr (FY 2021) | -47.0% | Shimoga, Karnataka, India | |||
| PKBK Buildwell Private Limited | ₹1.3 Cr (FY 2025) | -93.0% | New Delhi, Delhi, India | |||
| Vertex Business Solutions Private Limited | ₹1.3 Cr (FY 2025) | 31.0% | Virar, Maharashtra, India | |||
| Bhama Infrastructure and Developers Private Limited | ₹1.3 Cr (FY 2025) | Chakan, Maharashtra, India | ||||
| Yesh Properties Private Limited | ₹1.3 Cr (FY 2025) | 4.0% | Kolkata, West Bengal, India | |||
| Avaasa Projects Private Limitedthis company | ₹1.3 Cr (FY 2024) | ₹33.19 Lakh | 25.5% | 260040.0% | Hyderabad, Telangana, India | |
| Kailadevi Constructions & Suppliers Private Limited | ₹1.3 Cr (FY 2025) | 356.0% | Jaipur, Rajasthan, India | |||
| Sarthak Homes Private Limited | ₹1.3 Cr (FY 2024) | 334.0% | Indore, Madhya Pradesh, India | |||
| Adroit Infra Buildtech Private Limited | ₹1.3 Cr (FY 2025) | -53.0% | Ghaziabad, Uttar Pradesh, India | |||
| Awh All Warehouses and Industrial Parks Private Limited | ₹1.3 Cr (FY 2025) | -48.0% | Chennai, Tamil Nadu, India | |||
| Eastern Buildwell Private Limited | ₹1.3 Cr (FY 2024) | 1848.0% | New Delhi, Delhi, India |
To see the full peer comparison of Avaasa Projects Private Limited, buy the company report.
Auditor
Avaasa Projects Private Limited is audited by P.S.N. RAVISHANKER & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| P.S.N. RAVISHANKER & ASSOCIATES | FY 2023 | 003228S |
Shareholding
The shareholding of Avaasa Projects Private Limited is on record for 2 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Avaasa Projects Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 03 Nov 2023 | 100826468 | Others | ₹20 Cr | Open | |
| 31 Aug 2023 | 100787357 | Others | ₹24 Cr | Open |
Total charge records: 2 View all charges
Legal cases
No court or tribunal cases involving Avaasa Projects 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 Avaasa Projects Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Avaasa Projects has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 37AAVCA8295M1ZI | Andhra Pradesh | Active | 13 Jul 2022 |
To see the full GST registrations and return filing status of Avaasa Projects Private Limited, buy the company report.
Recent activity
Avaasa Projects Private Limited has 3 board changes on record since 2021: 2 appointments and 1 cessation. The latest: Kalidindi Sai Sunil Varama was appointed as Director on 09 Dec 2022.
Frequently asked questions
Avaasa Projects is an active private limited company based in Hyderabad, Telangana, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 23 September 2021 (5+ years old) and is registered under CIN U70109TG2021PTC155202.
Avaasa Projects has 2 current directors:
- Ravi Kiran Varma Kalidindi - Director
- Kalidindi Sai Sunil Varama - Director
The latest financial statements of Avaasa Projects on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2022 are in the company report.
The GSTIN of Avaasa Projects is 37AAVCA8295M1ZI, registered in Andhra Pradesh.
The CIN (Corporate Identification Number) of Avaasa Projects is U70109TG2021PTC155202. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Avaasa Projects was incorporated on 23 September 2021, making it 5+ years old. It is registered with the Registrar of Companies, Hyderabad.
The peers of Avaasa Projects by revenue are Denten Constructions India Private Limited, PKBK Buildwell Private Limited, Vertex Business Solutions Private Limited, Bhama Infrastructure and Developers Private Limited, Yesh Properties Private Limited and 5 more, all in the Real Estate industry (Builders and Developers).
Kalidindi Sai Sunil Varama was appointed as Director on 09 Dec 2022. Sesha Pavitra Penmatsa ceased to be Director on 09 Dec 2022. Ravi Kiran Varma Kalidindi was appointed as Director on 23 Sep 2021.
Avaasa Projects can be reached through the website avaasa.com. Its registered office is in Hyderabad, Telangana, India.
The registered office of Avaasa Projects is at 8 – 2 – 29382 2nd Floor Phase – II Road No. 07 Film Nagar Jubilee Hills, Hyderabad, Telangana, India – 500063.
Avaasa Projects operates in the real estate and construction industry, in the real estate builders and developers segment.
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