
About Avaj Builders and Developers Private Limited
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Avaj Builders and Developers Private Limited is a private limited company based in Thane, Maharashtra, India, a subsidiary of Petalsia Floriculture Private Limited. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 13 April 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U45200MH2005PTC152613. Its GSTIN is 27AAFCA9509E1ZP (Maharashtra).
The company has an authorised share capital of ₹81 Lakh and a paid-up capital of ₹77 Lakh. It is led by directors Subodh Devidasrao Gurdhale and Abhijeet Anil Kumar Gaikwad.
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 Office No.625 C – 1 Soham Plaza Chitalsar Manpada Ghodbandar Road, Thane, Maharashtra, India – 400607.
As per the financials filed for FY 2020, the company reported a revenue of ₹90.65 Lakh, a growth of 14% compared to the previous year. For the same year it recorded a net loss of ₹97.65 Lakh (net margin -107.7%) and EBITDA of -₹8.61 Lakh (EBITDA margin -9.5%). Revenue has declined at a compounded annual rate (CAGR) of 22% over three years and 21% over five years.
As per MCA filings, the company has satisfied charges of ₹4 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 avajbuilders.com.
Company details
Contact details
Avaj Builders and Developers Private Limited's registered office is in Thane, Maharashtra. Its website is avajbuilders.com. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressOffice No.625 C – 1 Soham Plaza Chitalsar Manpada Ghodbandar Road, Thane, Maharashtra, India – 400607
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Avaj Builders and Developers 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 Avaj Builders and Developers Private Limited
FY 2025 filings availableAvaj Builders and Developers Private Limited reported revenue of ₹90.65 Lakh (up 14% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue rose 14% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 21%. 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹90.65 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹8.61 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹97.65 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 | |||||
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Financial Ratios
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -9.5% | ||||
| Net Profit Margin | -107.7% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
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| 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 Avaj Builders and Developers Private Limited, buy the company report.
Board of directors of Avaj Builders and Developers Private Limited
Avaj Builders and Developers has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Subodh Devidasrao Gurdhale | Director | 01 Feb 2024 | 2 Years 8 Months | Current |
| Abhijeet Anil Kumar Gaikwad Also directs: Abhilakshya Infrabuild LLP, Luxe Reachout LLP, News-Makers Publications Private Limited and 1 more | Director | 13 Apr 2005 | 21 Years 6 Months | Current |
Auditor
Avaj Builders and Developers Private Limited is audited by HOTWANI & ASSOCIATES for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| HOTWANI & ASSOCIATES | FY 2018 | 115905W |
Shareholding
The shareholding of Avaj Builders and Developers Private Limited is on record for 2 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Avaj Builders and Developers Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 05 Jul 2012 | 10373166 | The Nav Jeevan Co-Operative Bank Ltd. | ₹4 Cr | Satisfied |
To see the full charge records of Avaj Builders and Developers Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Avaj Builders and Developers 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 Avaj Builders and Developers Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Avaj Builders and Developers has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAFCA9509E1ZP | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Avaj Builders and Developers Private Limited, buy the company report.
Recent activity
Avaj Builders and Developers Private Limited has 6 board changes on record since 2005: 2 appointments and 4 cessations. The latest: Subodh Devidasrao Gurdhale ceased to be Additional Director on 29 Sep 2024.
Frequently asked questions
Avaj Builders and Developers is an active private limited company based in Thane, Maharashtra, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 13 April 2005 (21+ years old) and is registered under CIN U45200MH2005PTC152613.
Avaj Builders and Developers has 2 current directors:
- Subodh Devidasrao Gurdhale - Director
- Abhijeet Anil Kumar Gaikwad - Director
The latest financial statements of Avaj Builders and Developers 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 GSTIN of Avaj Builders and Developers is 27AAFCA9509E1ZP, registered in Maharashtra.
The CIN (Corporate Identification Number) of Avaj Builders and Developers is U45200MH2005PTC152613. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Avaj Builders and Developers was incorporated on 13 April 2005, making it 21+ years old. It is registered with the Registrar of Companies, Mumbai.
Subodh Devidasrao Gurdhale ceased to be Additional Director on 29 Sep 2024. Subodh Devidasrao Gurdhale was appointed as Director on 01 Feb 2024. Priyanka Pandurang Ambulgekar ceased to be Additional Director on 01 Jun 2022. Avaj Builders and Developers has 6 board changes on record in total.
Avaj Builders and Developers can be reached through the website avajbuilders.com. Its registered office is in Thane, Maharashtra, India.
The registered office of Avaj Builders and Developers is at Office No.625 C – 1 Soham Plaza Chitalsar Manpada Ghodbandar Road, Thane, Maharashtra, India – 400607.
Avaj Builders and Developers operates in the real estate and construction industry, in the real estate builders and developers segment.