Avakara Spaces Private Limited - Company Profile

It is a real estate and construction private limited company based in Chennai, Tamil Nadu, India, established in 2013.
2013 Chennai, Tamil Nadu, India Active
Last Updated:
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About Avakara Spaces Private Limited

Avakara Spaces Private Limited, a active private limited company, was established on 18 June 2013 in Chennai, Tamil Nadu, India. Engaging in real estate builders & developers within the construction sector, it holds CIN: U45206TN2013PTC091733. Registered under ROC Roc Chennai. it is unlisted. It has an authorized capital of ₹15.00 Cr and a paid-up capital of ₹15.00 Cr.

It upholds a active non-compliant status. Its leadership includes Harika Vummidi (Director), Barath Vummidi (Managing Director). Past directors included Barath Vummidi, Ananth Vummidi. It holds ₹11.52 Cr open charges and ₹223.00 Cr settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at New No.20, Old No.23/2 Mylai Ranganathan Street, T Nagar, Chennai, Tamil Nadu, 600017.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
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  • Apps
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Company Details

  • CIN/LLPIN

    U45206TN2013PTC091733

  • Registration Number

    091733

  • Incorporation Date

    18 June 2013

  • Authorized Capital

    ₹15.00 Cr

  • Paid-Up Capital

    ₹15.00 Cr

  • ROC Code

    Roc Chennai

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 15.00 Cr
  • Paid Up Capital ₹ 15.00 Cr
  • Company Age 12 Year, 7 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 11.52 Cr
  • Satisfied Charges ₹ 223.00 Cr
  • Revenue Growth **** 27.79%
  • Profit Growth **** 1273.95%
  • Ebitda **** 36107.98%
  • Net Worth 34.84%
  • Total Assets -48.09%
Company report

Avakara Spaces Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Avakara Spaces Private Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Avakara Spaces Private Limited?
Current Directors
Name Designation Appointment Date Status
Harika Vummidi Director 16 May 2025 Current
Barath Vummidi Managing Director 18 Jun 2013 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 01 Oct 2013 Past
Pramod Abcsdd Director 23 May 2025 Past

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Financial Performance of Avakara Spaces.

Bbcl Homes India Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 27.79% increase. The company also saw a substantial improvement in profitability, with a 1273.95% increase in profit. The company's net worth Soared by an impressive increase of 34.84%.

Avakara Spaces revenue growth over time
Avakara Spaces profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
********
 27.79%
*******
*******
*******
*******
Revenue from Operations
*******
 25.35%
*******
*******
*******
*******
Total Assets
*******
 -48.09%
*******
*******
*******
*******
Profit or Loss
*******
 1273.95%
*******
*******
*******
*******
Net Worth
*******
 34.84%
*******
*******
*******
*******
EBITDA
*******
 36107.98%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Avakara Spaces?

In 2023, Avakara Spaces had a promoter holding of 100.00%. The company had 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

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Charges (Loans)
Open Charges

₹115,237,154.00

Satisfied Charges

₹2,230,000,000.00

Charges Breakdown by Lending Institutions
  • Others : 10.00 Cr
  • Hdfc Bank Limited : 1.06 Cr
  • Kotak Mahindra Prime Limited : 0.46 Cr
Latest Charge Details
Date Lender Amount Status
12 Apr 2025 Others ₹10.00 Cr Open
09 Oct 2024 Hdfc Bank Limited ₹8.82 M Open
24 Jul 2024 Hdfc Bank Limited ₹1.80 M Open
28 Jan 2015 Kotak Mahindra Prime Limited ₹4.62 M Open
15 Nov 2017 Others ₹10.00 Cr Satisfied

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How Many Employees Work at Avakara Spaces?

Unlock and access historical data on people associated with Avakara Spaces, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Avakara Spaces, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Avakara Spaces's trajectory.

Rating
Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts
Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on Avakara Spaces
Recent Activity within the Organization
  • Director Appointment

    Harika Vummidi was appointed as a Director was appointed as a Director on 16 May 2025 & has been associated with this company since 9 months . was recorded as a recent event.

  • 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. was recorded as a recent event.

  • Charges

    The activity A charge with Others amounted to Rs. 10.00 Cr with Charge ID 101083561 was registered on 12 Apr 2025. was completed.

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.88 Cr with Charge ID 101024463 was registered on 09 Oct 2024. was recorded as a recent event.

  • Annual General Meeting

    The activity Avakara Spaces Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was completed.

  • Charges

    Progress on A charge with Hdfc Bank Limited amounted to Rs. 0.18 Cr with Charge ID 100993559 was registered on 24 Jul 2024. was documented.

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Frequently Asked Questions
What is the CIN of Avakara Spaces Private Limited?

The CIN of Avakara Spaces Private Limited is U45206TN2013PTC091733.

Where is Avakara Spaces Private Limited headquartered?

Avakara Spaces Private Limited is headquartered at New No.20, Old No.23/2 Mylai Ranganathan Street, T Nagar, Chennai, Tamil Nadu, 600017.

When was Avakara Spaces Private Limited incorporated?

Avakara Spaces Private Limited was incorporated on 18 June 2013.

Who are the current directors of Avakara Spaces Private Limited?

The current directors of Avakara Spaces Private Limited are

What is the primary industry of Avakara Spaces Private Limited?

The primary industry of Avakara Spaces Private Limited is Construction.

Is Avakara Spaces Private Limited a listed company?

Avakara Spaces Private Limited is unlisted.

What is the capital structure of Avakara Spaces Private Limited?

The authorized capital of Avakara Spaces Private Limited is ₹15.00 Cr, and the paid-up capital is ₹15.00 Cr.

What is the compliance status of Avakara Spaces Private Limited?

The compliance status of Avakara Spaces Private Limited is Active Non-Compliant.

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