MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-KR-03-0290749
Avado Private Limited - real estate and construction in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹23.39 Lakh
▼ 52% YoY
Net loss · FY 2024
₹1.79 Lakh
Net margin -7.6%
EBITDA · FY 2024
-₹1.79 Lakh
EBITDA margin -7.6%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹5 Lakh
Issued & subscribed
Company age
7 yrs
Est. 2019
Directors on board
2
As per MCA filings
Active GSTINs
1
GST registered
About Avado Private Limited
Data last updated:
Avado Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 25 November 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74999KA2019PTC129975. Its GSTIN is 29AASCA9739R1Z9 (Karnataka).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors Shreyes Deepak Kumar Naik and Deepak Kumar Togyanaik.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2024. The registered office is at No.21/3 1st Main 1st Cross 2nd Stage Nagarbhavi Papareddypalya, Bangalore, Karnataka, India – 560072.
As per the financials filed for FY 2024, the company reported a revenue of ₹23.39 Lakh, a decline of 52% compared to the previous year. For the same year it recorded a net loss of ₹1.79 Lakh (net margin -7.6%) and EBITDA of -₹1.79 Lakh (EBITDA margin -7.6%). Revenue has declined at a compounded annual rate (CAGR) of 3% over three years.
Avado Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0290749). For more details, the company can be reached via its website avado.in.
Company details
CIN U74999KA2019PTC129975
Registration Number 129975
Incorporation Date 25 November 2019
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2024
MSME Classification Micro
Udyam Registration UDYAM-KR-03-0290749
Recognitions & Rankings of Avado
Contact details
Avado Private Limited's registered office is in Bangalore, Karnataka. Its website is avado.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressNo.21/3 1st Main 1st Cross 2nd Stage Nagarbhavi Papareddypalya, Bangalore, Karnataka, India – 560072
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Avado Private Limited, buy the company report.
Comprehensive company report
Avado Private Limited - one report that includes everything
- 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
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Secure checkout · GST invoice included
Business activity
The main business activity of Avado 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 Avado Private Limited, buy the company report.
Financials of Avado Private Limited
FY 2024 filings availableAvado Private Limited reported revenue of ₹23.39 Lakh (down 52% YoY) for FY 2024.
Revenue · FY 2024
₹23.39 Lakh ▼ 52%
Net loss · FY 2024
₹1.79 Lakh margin -7.6%
EBITDA · FY 2024
-₹1.79 Lakh margin -7.6%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 52%
3 years · compounded
▼ 3%
EBITDA CAGR growth
1 year
▼ 37%
3 years · compounded
▲ 7%
Revenue has declined at a compounded annual rate (CAGR) of 3% over three years, including a 52% fall in the latest year. EBITDA fell 37% 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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| EBITDA | -₹1.79 Lakh | ||||
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| Net Profit (PAT) | -₹1.79 Lakh | ||||
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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 | -7.6% | ||||
| Net Profit Margin | -7.6% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Avado Private Limited, buy the company report.
Board of directors of Avado Private Limited
Avado has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shreyes Deepak Kumar Naik | Director | 11 Dec 2023 | 2 Years 10 Months | Current |
| Deepak Kumar Togyanaik | Director | 25 Nov 2019 | 6 Years 10 Months | Current |
Shareholding
The shareholding of Avado Private Limited is on record for FY 2021, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2021 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Avado Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Avado 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 Avado Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Avado has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AASCA9739R1Z9 | Karnataka | Active | 24 Jan 2020 |
To see the full GST registrations and return filing status of Avado Private Limited, buy the company report.
Recent activity
Avado Private Limited has 3 board changes on record since 2019: 2 appointments and 1 cessation. The latest: Gangadhar ceased to be Director on 12 Dec 2023.
AGM
Avado Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Avado Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
Ceased
Gangadhar ceased to be Director.
Appointed
Shreyes Deepak Kumar Naik was appointed as Director.
Appointed
Deepak Kumar Togyanaik was appointed as Director.
Incorporation
25 Nov 2019
Avado Private Limited was registered on 25 Nov 2019 with Roc Bangalore & aged 6 years 10 months as per MCA records.
Frequently asked questions
Avado is an active private limited company based in Bangalore, Karnataka, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 25 November 2019 (7+ years old) and is registered under CIN U74999KA2019PTC129975.
Avado has 2 current directors:
- Shreyes Deepak Kumar Naik - Director
- Deepak Kumar Togyanaik - Director
The latest financial statements of Avado on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2020 are in the company report.
The GSTIN of Avado is 29AASCA9739R1Z9, registered in Karnataka.
The CIN (Corporate Identification Number) of Avado is U74999KA2019PTC129975. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Avado was incorporated on 25 November 2019, making it 7+ years old. It is registered with the Registrar of Companies, Bangalore.
Gangadhar ceased to be Director on 12 Dec 2023. Shreyes Deepak Kumar Naik was appointed as Director on 11 Dec 2023. Deepak Kumar Togyanaik was appointed as Director on 25 Nov 2019.
Yes, Avado is registered as a micro enterprise under Udyam registration (number: UDYAM-KR-03-0290749).
Avado can be reached through the website avado.in. Its registered office is in Bangalore, Karnataka, India.
The registered office of Avado is at No.213 1st Main 1st Cross 2nd Stage Nagarbhavi Papareddypalya, Bangalore, Karnataka, India – 560072.