Avakash Properties LLP
About Avakash Properties LLP
Data last updated:
Avakash Properties LLP is a limited liability partnership (LLP) based in Pune, Maharashtra, India. It operates in the real estate financing segment of the financial services sector. It was incorporated on 29 March 2017 and has been in existence for over 9 years.
The LLP is registered with the Registrar of Companies (ROC), Pune, under LLPIN AAI-9909.
The LLP has a total obligation of contribution of ₹6.14 Cr. It is led by designated partners Michelle Yohan Poonawalla and Yohan Zavareh Poonawalla.
Its latest statement of accounts is for the year ended 31 March 2025. The registered office is at 94/1 Manjri Bk Off Soli Poonawalla Road, Pune, Maharashtra, India – 412307.
As per the financials filed for FY 2023, the LLP reported a revenue of ₹4.28 Cr, a growth of 40% compared to the previous year. For the same year it recorded a net loss of ₹17.6 Lakh (net margin -4.1%) and EBITDA of -₹1.94 Cr (EBITDA margin -45.4%). Revenue has declined at a compounded annual rate (CAGR) of 9% over three years and 6% over five years.
As per MCA filings, the LLP has open charges of ₹6 Cr on record. Court records list 12 cases involving the LLP, including 6 filed by the LLP and 6 filed against it; 4 cases are pending.
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- Registered Address94/1 Manjri Bk Off Soli Poonawalla Road, Pune, Maharashtra, India – 412307
- IndustryFinancial Services, Real Estate Financing
- 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
- One PDF report, delivered after checkout
Financials of Avakash Properties LLP FY 2025 filings available
Avakash Properties LLP reported revenue of ₹4.28 Cr (up 40% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR) of Avakash Properties LLP
Revenue rose 40% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 6%. 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 of Avakash Properties LLP
| Statement of Account and Solvency | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Income and Expenditure | |||||
| Turnover | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Income | •••• | •••• | •••• | •••• | •••• |
| Purchases and Direct Costs | •••• | •••• | •••• | •••• | •••• |
| Personnel Expenses | •••• | •••• | •••• | •••• | •••• |
| Administrative Expenses | •••• | •••• | •••• | •••• | •••• |
| Interest | •••• | •••• | •••• | •••• | •••• |
| Depreciation | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax | •••• | •••• | •••• | •••• | •••• |
| Profit After Tax | -₹17.6 Lakh | •••• | •••• | •••• | •••• |
| Profit Transferred to Partners | •••• | •••• | •••• | •••• | •••• |
| Assets and Liabilities | |||||
| Partners' Contribution | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Secured Loans | •••• | •••• | •••• | •••• | •••• |
| Unsecured Loans | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Other Liabilities and Provisions | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
| Loans and Advances | •••• | •••• | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Avakash Properties LLP
| Statement of Account and Solvency | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| Net Profit Margin | -4.1% | •••• | •••• | •••• | •••• |
| Return on Partners' Funds | •••• | •••• | •••• | •••• | •••• |
| Return on Assets | •••• | •••• | •••• | •••• | •••• |
| Liquidity and Debt | |||||
| Current Ratio | •••• | •••• | •••• | •••• | •••• |
| Debt to Partners' Funds | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
| Turnover Growth | •••• | •••• | •••• | •••• | •••• |
| Profit Growth | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form 8. The full year-wise statements and ratios of Avakash Properties are in the company report.
Financial statements from FY 2017
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Designated Partners of Avakash Properties LLP
Avakash Properties has 2 current designated partners and 2 former designated partners. Current designated partners are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Michelle Yohan Poonawalla | Designated Partner | 26 Oct 2021 | 4 Years 11 Months | Current |
| Yohan Zavareh Poonawalla Also directs: Cyza Agro and Stud Farms LLP, Poonawalla Real Estates and Hotels LLP, Poonawalla Constructions LLP and 5 more | Designated Partner | 29 Mar 2017 | 9 Years 6 Months | Current |
Ownership and Shareholding of Avakash Properties LLP
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Avakash Properties LLP
| Date | Lender | Amount | Status |
|---|---|---|---|
| 16 Dec 2023 | Hdfc Bank Limited | ₹6 Cr | Open |
Total charge records: 1 View all charges
Legal Cases of Avakash Properties LLP
Avakash Properties LLP has 12 court cases on record: 6 filed by Avakash Properties, 6 filed against it. 4 cases are pending and 8 are disposed. Status as checked between 03 Oct 2026 and 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 8 | 3 | 0 |
| High courts | 4 | 3 | 4 |
Cases on record (5 of 12)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Company petition | Filed by the company against HBS View Private Limited | Pending |
| District court, Mumbai Small Causes Court, Maharashtra | Court case (MARJI) | Filed by the company against HBS View Private Limited | Disposed |
| District court, Pune, Maharashtra | Civil suit | Filed by the company against HBS View Private Limited | Disposed |
| District court, Mumbai Small Causes Court, Maharashtra | Court case (LEC) | Filed by the company against HBS View Private Limited | Disposed |
| Bombay High Court | Writ petition | Filed against the company by an individual | Pending |
Full case history
All 12 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Employees and EPFO Compliance at Avakash Properties LLP
Employment history and EPFO contributions of people linked to Avakash Properties.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Avakash Properties LLP
Avakash Properties LLP has 4 designated partner changes on record since 2017: 2 appointments and 2 cessations. The latest: Michelle Yohan Poonawalla was appointed as Designated Partner on 26 Oct 2021.
Credit Ratings, Litigation & Regulatory Alerts for Avakash Properties LLP
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Avakash Properties LLP
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Avakash Properties LLP
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Avakash Properties LLP
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Avakash Properties LLP
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Avakash Properties LLP
Avakash Properties is an active limited liability partnership based in Pune, Maharashtra, India. The LLP works in real estate financing, within the financial services industry. It was incorporated on 29 March 2017 (9+ years old) and is registered under LLPIN AAI-9909.
Avakash Properties reported revenue of ₹4.28 Cr for FY 2023 (up 40% YoY).
Avakash Properties has 2 current designated partners:
- Michelle Yohan Poonawalla - Designated Partner
- Yohan Zavareh Poonawalla - Designated Partner
Avakash Properties reported a net loss of ₹17.6 Lakh (net margin -4.1%) and EBITDA of -₹1.94 Cr (EBITDA margin -45.4%) for FY 2023, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Avakash Properties is 9% over three years and -6% over five years. In the latest year (FY 2023) revenue rose 40%. CAGR is the steady yearly rate that links the first and the last year.
The LLPIN (Limited Liability Partnership Identification Number) of Avakash Properties is AAI-9909. It is issued by the Ministry of Corporate Affairs and uniquely identifies the LLP in India.
Avakash Properties has 12 court cases on record: 6 filed by the LLP and 6 filed against it. 4 are pending. Most are in the district courts.
Avakash Properties was incorporated on 29 March 2017, making it 9+ years old. It is registered with the Registrar of Companies, Pune.
Michelle Yohan Poonawalla was appointed as Designated Partner on 26 Oct 2021. Nicholas Simon Pinto ceased to be Designated Partner on 25 Oct 2021. Michelle Yohan Poonawalla ceased to be Designated Partner on 30 May 2019. Avakash Properties has 4 designated partner changes on record in total.
The registered office of Avakash Properties is at 941 Manjri Bk Off Soli Poonawalla Road, Pune, Maharashtra, India – 412307.