Avan Hospital Private Limited
About Avan Hospital Private Limited
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Avan Hospital Private Limited is a private limited company based in Pune, Maharashtra, India. It operates in the hospital and clinical services segment of the healthcare sector. It was incorporated on 11 December 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U85300PN2015PTC157533.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Abhimanyu Sanjay Jagtap and Ashish Bindkumar Jaiswal.
Its last annual general meeting (AGM) was held on 29 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office is at Fl – 1 – B – 12 Pimpalpan S G R S.M. Sno – 5 Dhayari, Pune, Maharashtra, India – 411041.
As per the financials filed for FY 2018, the company reported a revenue of ₹71.83 Lakh, a growth of 38% compared to the previous year. For the same year it recorded a net loss of ₹4.84 Lakh (net margin -6.7%) and EBITDA of ₹6.61 Lakh (EBITDA margin 9.2%).
The company is associated with 1 brand: Avan Multispeciality Hospital. As per MCA filings, the company has open charges of ₹10 Lakh on record. Court records list 1 case involving the company, including 1 filed against it; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Avan Hospital Private Limited's registered office is in Pune, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressFl – 1 – B – 12 Pimpalpan S G R S.M. Sno – 5 Dhayari, Pune, Maharashtra, India – 411041
- IndustryHealthcare, Hospitals
To see the full contact details of Avan Hospital 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
Brands
Avan Hospital operates one associated brand: Avan Multispeciality Hospital. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Standalone multi speciality hospital | avanhospital.com |
Business activity
The main business activity of Avan Hospital is hospital and medical care. In detail, this covers hospital activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| Q | Hospital and Medical Care | Q1 | Hospital activities |
To see the full business activity and turnover split of Avan Hospital Private Limited, buy the company report.
Financials of Avan Hospital Private Limited
FY 2018 filings availableAvan Hospital Private Limited reported revenue of ₹71.83 Lakh (up 38% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue rose 38% in the latest year. EBITDA fell 30% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | |||
| Other Income | |||
| Total Revenue | |||
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| Total Expenses | |||
| EBITDA | ₹6.61 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹4.84 Lakh | ||
| Balance Sheet | |||
| Share Capital | |||
| Reserves and Surplus | |||
| Net Worth (Total Equity) | |||
| Long-term Borrowings | |||
| Short-term Borrowings | |||
| Trade Payables | |||
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Financial Ratios
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 9.2% | ||
| Net Profit Margin | -6.7% | ||
| 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 Avan Hospital Private Limited, buy the company report.
Board of directors of Avan Hospital Private Limited
Avan Hospital has 4 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ballalnath Vishwanath Patil | Additional Director | 26 Jun 2019 | 7 Years 4 Months | Current |
| Abhimanyu Sanjay Jagtap | Director | 11 Dec 2015 | 10 Years 10 Months | Current |
| Sandeep Tukaram Zambre | Additional Director | 26 Jun 2019 | 7 Years 4 Months | Current |
| Ashish Bindkumar Jaiswal | Director | 11 Dec 2015 | 10 Years 10 Months | Current |
Peer comparison
Avan Hospital Private Limited is compared with the 9 companies closest to it by revenue in the same principal business activity (hospital activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Shree Ganga Ram Trauma Hospital Private Limited (OPC) | ₹72.92 Lakh (FY 2025) | 25.0% | Patna, Bihar, India | |||
| Patna Bone & Spine Hospital Private Limited | ₹72.85 Lakh (FY 2025) | 47.0% | Patna, Bihar, India | |||
| Serp Healthcare India Private Limited | ₹72.51 Lakh (FY 2024) | 0.0% | Meerut, Uttar Pradesh, India | |||
| Deva Memorial Hospital Pvt.Ltd. | ₹71.94 Lakh (FY 2025) | 5.0% | Faizabad, Uttar Pradesh, India | |||
| Avan Hospital Private Limitedthis company | ₹71.83 Lakh (FY 2018) | -₹4.84 Lakh | -6.7% | 38.0% | Pune, Maharashtra, India | |
| Cope Health Care and Research Private Limited | ₹71.79 Lakh (FY 2024) | -33.0% | Hyderabad, Telangana, India | |||
| Renay Advanced Life Care Institute Private Limited | ₹71.34 Lakh (FY 2024) | 35.0% | Dhuriya, Uttar Pradesh, India | |||
| Kritiga Hospital Private Limited | ₹71.26 Lakh (FY 2024) | 3.0% | Tirupur, Tamil Nadu, India | |||
| Himabindu Superspeciality Hospital Private Limited | ₹71.24 Lakh (FY 2020) | -72.0% | Hyderabad, Telangana, India | |||
| Irudhayams Hospital Private Limited | ₹71.19 Lakh (FY 2025) | 5.0% | K K Dt.Tamilnadu, Tamil Nadu, India |
To see the full peer comparison of Avan Hospital Private Limited, buy the company report.
Auditor
Avan Hospital Private Limited is audited by Eknath Agale & Associates for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Eknath Agale & Associates | FY 2017 | 143976W |
Shareholding
The shareholding of Avan Hospital Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Avan Hospital Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 15 Nov 2017 | 100184901 | Vijaya Bank | ₹10 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
Avan Hospital Private Limited has 1 court case on record: 1 filed against it. All case is pending.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 1 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Pune, Maharashtra | Court case (Spl.Sum.Suit) | Filed against the company by Bank of Baroda Through Govind Kumar Sundar Jha | Pending |
To see the full case history of Avan Hospital 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 Avan Hospital Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Avan Hospital Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Avan Hospital Private Limited has 7 board changes on record since 2015: 4 appointments and 3 cessations. The latest: Ballalnath Vishwanath Patil was appointed as Additional Director on 26 Jun 2019.
Frequently asked questions
Avan Hospital is an active private limited company based in Pune, Maharashtra, India. The company works in hospitals, within the healthcare industry. It was incorporated on 11 December 2015 (11+ years old) and is registered under CIN U85300PN2015PTC157533.
Avan Hospital has 4 current directors:
- Ballalnath Vishwanath Patil - Additional Director
- Abhimanyu Sanjay Jagtap - Director
- Sandeep Tukaram Zambre - Additional Director
- Ashish Bindkumar Jaiswal - Director
The latest financial statements of Avan Hospital on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 29 September 2018. Year-wise statements from FY 2016 are in the company report.
The CIN (Corporate Identification Number) of Avan Hospital is U85300PN2015PTC157533. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Avan Hospital has 1 court case on record: 1 filed against it. 1 is pending.
Avan Hospital was incorporated on 11 December 2015, making it 11+ years old. It is registered with the Registrar of Companies, Pune.
The peers of Avan Hospital by revenue are Shree Ganga Ram Trauma Hospital Private Limited (OPC), Patna Bone & Spine Hospital Private Limited, Serp Healthcare India Private Limited, Deva Memorial Hospital Pvt.Ltd, Cope Health Care and Research Private Limited and 4 more, all in the same principal business activity (hospital activities).
Ballalnath Vishwanath Patil was appointed as Additional Director on 26 Jun 2019. Nitin Anant Patil ceased to be Director on 26 Jun 2019. Sandeep Tukaram Zambre was appointed as Additional Director on 26 Jun 2019. Avan Hospital has 7 board changes on record in total.
The registered office of Avan Hospital is at Fl – 1 – B – 12 Pimpalpan S G R S.M. Sno – 5 Dhayari, Pune, Maharashtra, India – 411041.
Avan Hospital operates in the healthcare industry, in the hospitals segment.
Avan Hospital has open charges of ₹10 Lakh and no satisfied charges on record as per latest MCA filings.
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