MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-TN-02-0170793
Avakara Spaces Private Limited - real estate and construction in Chennai, Tamil Nadu, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹16.1 Cr
▲ 63% YoY
Net profit · FY 2025
₹1.91 Cr
Net margin 11.8%
EBITDA · FY 2025
₹3.52 Cr
EBITDA margin 21.9%
Authorised capital
₹15 Cr
Registered with MCA
Paid-up capital
₹15 Cr
Issued & subscribed
Open charges
₹19.02 Cr
Satisfied ₹223 Cr
Company age
13 yrs
Est. 2013
Directors on board
2
As per MCA filings
About Avakara Spaces Private Limited
Data last updated:
Avakara Spaces Private Limited is a private limited company based in Chennai, Tamil Nadu, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 18 June 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U45206TN2013PTC091733. Its GSTIN is 33AAFCB5279G1ZO (Tamil Nadu).
The company has an authorised share capital of ₹15 Cr and a paid-up capital of ₹15 Cr. It is led by directors Barath Vummidi (Managing Director) and Harika Vummidi.
Its last annual general meeting (AGM) was held on 05 November 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at New No.20 Old No.23/2 Mylai Ranganathan Street T Nagar, Chennai, Tamil Nadu, India – 600017.
As per the financials filed for FY 2025, the company reported a revenue of ₹16.1 Cr, a growth of 63% compared to the previous year. For the same year it recorded a net profit of ₹1.91 Cr (net margin 11.8%) and EBITDA of ₹3.52 Cr (EBITDA margin 21.9%). Revenue has grown at a compounded annual rate (CAGR) of 8% over three years and 21% over five years.
The company is associated with 1 brand: BBCL. As per MCA filings, the company has open charges of ₹19.02 Cr and satisfied charges of ₹223 Cr on record. Court records list 7 cases involving the company, including 5 filed by the company and 2 filed against it; 6 cases are pending. The company has 1 deal on record (1 acquisition); the latest was in October 2017. Its 7 peer companies in the Real Estate industry (Builders and Developers), with the same principal business activity (buildings) are compared by revenue, 3 larger and 4 smaller; the largest is Atyam Infrastructure Private Limited with revenue of ₹16.15 Cr.
Avakara Spaces Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-02-0170793). The current compliance status is marked as active non-compliant by the Registrar of Companies. For more details, the company can be reached via its website bbcl.in.
Company details
CIN U45206TN2013PTC091733
Registration Number 091733
Incorporation Date 18 June 2013
ROC Chennai
Listing Status Unlisted
Company Status Active
Date of Last AGM 05 November 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Non-Compliant
MSME Classification Small
Udyam Registration UDYAM-TN-02-0170793
Recognitions & Rankings of Avakara Spaces
Contact details
Avakara Spaces Private Limited's registered office is in Chennai, Tamil Nadu. Its website is bbcl.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressNew No.20 Old No.23/2 Mylai Ranganathan Street T Nagar, Chennai, Tamil Nadu, India – 600017
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Avakara Spaces Private Limited, buy the company report.
Comprehensive company report
Avakara Spaces 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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Business activity
The main business activity of Avakara Spaces 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 Avakara Spaces Private Limited, buy the company report.
Financials of Avakara Spaces Private Limited
FY 2025 filings availableAvakara Spaces Private Limited reported revenue of ₹16.1 Cr (up 63% YoY) for FY 2025.
Revenue · FY 2025
₹16.1 Cr ▲ 63%
Net profit · FY 2025
₹1.91 Cr margin 11.8%
EBITDA · FY 2025
₹3.52 Cr margin 21.9%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 63%
3 years · compounded
▲ 8%
5 years · compounded
▲ 21%
EBITDA CAGR growth
1 year
▲ 227%
3 years · compounded
▲ 755%
Revenue has grown at a compounded annual rate (CAGR) of 21% over five years, including 63% growth in the latest year. EBITDA rose 227% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹16.1 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹3.52 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.91 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 21.9% | ||||
| Net Profit Margin | 11.8% | ||||
| 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 Avakara Spaces Private Limited, buy the company report.
Board of directors of Avakara Spaces Private Limited
Avakara Spaces 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 |
|---|---|---|---|---|
| Barath Vummidi | Managing Director | 18 Jun 2013 | 13 Years 4 Months | Current |
| Harika Vummidi | Director | 16 May 2025 | 1 Years 5 Months | Current |
Peer comparison
Avakara Spaces Private Limited is compared with the 7 companies closest to it by revenue in the Real Estate industry (Builders and Developers), with the same principal business activity (buildings), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Atyam Infrastructure Private Limited | ₹16.15 Cr (FY 2025) | 6.0% | Brahmanagudem, Telangana, India | |||
| Princes' Buildtech & Infrastructure Developers Private Limited | ₹16.13 Cr (FY 2024) | 30.0% | Indore, Madhya Pradesh, India | |||
| Divyam Developers Private Limited | ₹16.11 Cr (FY 2018) | -28.0% | New Delhi, Delhi, India | |||
| Avakara Spaces Private Limitedthis company | ₹16.1 Cr (FY 2025) | ₹1.91 Cr | 11.8% | 63.0% | Chennai, Tamil Nadu, India | |
| G K S Properties Private Limited | ₹16.09 Cr (FY 2025) | 113.0% | Chetpet, Tamil Nadu, India | |||
| Reigate Builders Private Limited | ₹16.09 Cr (FY 2025) | 4.0% | Kozhikode, Kerala, India | |||
| RGV Innovations Private Limited | ₹16.08 Cr (FY 2025) | -33.0% | Jaipur, Rajasthan, India | |||
| Casa Infratech Private Limited | ₹16.07 Cr (FY 2025) | 54.0% | Bhubaneswar, Odisha, India |
To see the full peer comparison of Avakara Spaces Private Limited, buy the company report.
Auditor
Avakara Spaces Private Limited is audited by M. Krishnakumar & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M. Krishnakumar & Associates | FY 2023 | 006853S |
Shareholding
The shareholding of Avakara Spaces Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Avakara Spaces Private Limited, buy the company report.
Charges & borrowings
Open charges
₹19.02 Cr
Satisfied charges
₹223 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 22 May 2026 | 101310576 | Others | ₹7.5 Cr | Open | |
| 12 Apr 2025 | 101083561 | Others | ₹10 Cr | Open | |
| 09 Oct 2024 | 101024463 | Hdfc Bank Limited | ₹88.15 Lakh | Open | |
| 24 Jul 2024 | 100993559 | Hdfc Bank Limited | ₹17.99 Lakh | Open | |
| 28 Jan 2015 | 10585776 | Kotak Mahindra Prime Limited | ₹46.23 Lakh | Open |
To see the full charge records of Avakara Spaces Private Limited, buy the company report.
Total charge records: 10 View all charges
Deals & funding
Avakara Spaces Private Limited has 1 deal on record (1 acquisition); the latest was in October 2017.
Total deals
1
Acquisition
1
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Oct 2017 | Acquisition | ₹14.99 Cr | Buyer: an individual |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Avakara Spaces Private Limited has 7 court cases on record: 5 filed by Avakara Spaces, 2 filed against it. 6 cases are pending and 1 is disposed.
Total cases
7
Filed by the company
5
Filed against the company
2
Pending
6
Disposed
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 6 | 1 | 6 |
| District courts | 1 | 1 | 0 |
Cases on record (5 of 7)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Gurugram, Haryana | Cheque dishonour complaint | Filed against the company by M/S Iifl Home Finance Ltd | Disposed |
| Madras High Court | Appeal | Filed against the company | Pending |
| Madras High Court | Original application | Filed by the company against an individual | Pending |
| Madras High Court | Original application | Filed by the company against an individual | Pending |
| Madras High Court | Arbitration matter | Filed by the company against an individual | Pending |
To see the full case history of Avakara Spaces 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 Avakara Spaces Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Avakara Spaces has 1 associated company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
1
Associated companies
GST
Avakara Spaces has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAFCB5279G1ZO | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Avakara Spaces Private Limited, buy the company report.
Recent activity
Avakara Spaces Private Limited has 3 board changes on record since 2013: 2 appointments and 1 cessation. The latest: Ananth Vummidi ceased to be Director on 23 May 2025.
Charges
A charge with Others amounted to Rs. 7.50 Cr with Charge ID 101310576 was registered on 22 May 2026.
AGM
Avakara Spaces Private Limited last Annual general meeting of members was held on 05 Nov 2025 as per latest MCA records.
Ceased
Ananth Vummidi ceased to be Director.
Appointed
Harika Vummidi was appointed as Director.
Charges
A charge with Others of Rs. 10.00 Cr registered on 12 Apr 2025 with Charge ID 101083561 was modified on 25 Apr 2025.
Charges
A charge with Others amounted to Rs. 10.00 Cr with Charge ID 101083561 was registered on 12 Apr 2025.
Filing
Avakara Spaces Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Chennai.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.88 Cr with Charge ID 101024463 was registered on 09 Oct 2024.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.18 Cr with Charge ID 100993559 was registered on 24 Jul 2024.
Charges
A charge registered on 27 Feb 2017 via Charge ID 100096100 with Others was fully satisfied on 28 Jan 2023.
Charges
A charge registered on 14 Nov 2017 via Charge ID 100138676 with Others was fully satisfied on 27 Jun 2022.
Charges
A charge registered on 15 Nov 2017 via Charge ID 100138111 with Others was fully satisfied on 19 Mar 2021.
10 earlier events are in the company report.
Frequently asked questions
Avakara Spaces is an active private limited company based in Chennai, Tamil Nadu, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 18 June 2013 (13+ years old) and is registered under CIN U45206TN2013PTC091733.
Avakara Spaces has 2 current directors:
- Barath Vummidi - Managing Director
- Harika Vummidi - Director
The latest financial statements of Avakara Spaces on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 05 November 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Avakara Spaces is 33AAFCB5279G1ZO, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Avakara Spaces is U45206TN2013PTC091733. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Avakara Spaces has 7 court cases on record: 5 filed by the company and 2 filed against it. 6 are pending. Most are in the high courts.
Avakara Spaces was incorporated on 18 June 2013, making it 13+ years old. It is registered with the Registrar of Companies, Chennai.
Avakara Spaces has 1 deal on record (1 acquisition); the latest was in October 2017.
The peers of Avakara Spaces by revenue are Atyam Infrastructure Private Limited, Princes' Buildtech & Infrastructure Developers Private Limited, Divyam Developers Private Limited, G K S Properties Private Limited, Reigate Builders Private Limited and 2 more, all in the Real Estate industry (Builders and Developers), with the same principal business activity (buildings).
Ananth Vummidi ceased to be Director on 23 May 2025. Harika Vummidi was appointed as Director on 16 May 2025. Barath Vummidi was appointed as Managing Director on 18 Jun 2013.
Yes, Avakara Spaces is registered as a small enterprise under Udyam registration (number: UDYAM-TN-02-0170793).