Avani Pharma Private Limited
About Avani Pharma Private Limited
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Avani Pharma Private Limited is a private limited company based in Bangalore, Karnataka, India, recognised as a startup by DPIIT. It operates in the pharmaceutical retail and distribution segment of the pharmaceuticals sector. It was incorporated on 23 May 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U51397KA2011PTC058775. Its GSTIN is 29AAJCA4993Q1ZM (Karnataka).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Abin Abraham and Beny Baby.
Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at No. 11 N. Nagenahalli Kothanur Post, Bangalore, Karnataka, India – 560077.
As per the financials filed for FY 2019, the company reported a revenue of ₹3.26 Lakh, a decline of 75% compared to the previous year. For the same year it recorded a net loss of ₹7.06 Lakh (net margin -216.4%) and EBITDA of -₹6.96 Lakh (EBITDA margin -213.2%). Revenue has declined at a compounded annual rate (CAGR) of 4% over three years and 11% over five years.
As per MCA filings, the company has open charges of ₹4.5 Lakh on record.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
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- Registered AddressNo. 11 N. Nagenahalli Kothanur Post, Bangalore, Karnataka, India – 560077
- IndustryPharma, Pharmaceutical Retailers & Distributors
- 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
Business Activity of Avani Pharma Private Limited
The main business activity of Avani Pharma is trade. In detail, this covers wholesale trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Avani Pharma Private Limited FY 2019 filings available
Avani Pharma Private Limited reported revenue of ₹3.26 Lakh (down 75% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR) of Avani Pharma Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 11% over five years, including a 75% fall 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 of Avani Pharma Private Limited
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | -₹6.96 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹7.06 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 | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Avani Pharma Private Limited
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -213.2% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -216.4% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Avani Pharma are in the company report.
Financial statements from 2015
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.
Peer Comparison of Avani Pharma Private Limited
Avani Pharma Private Limited is compared with the companies closest to it by revenue in the Pharma industry (Pharma Retail and Distribution). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Samrthak Trade Link Private Limited | •••• | •••• | •••• | •••• | - | Botad, Gujarat, India |
| Accrecia Healthcare Private Limited | •••• | •••• | •••• | •••• | - | Meerut, Uttar Pradesh, India |
| Godsun Life Sciences Private Limited | •••• | •••• | •••• | •••• | - | Nadia, West Bengal, India |
| Panchratna Remedies India Limited | •••• | •••• | •••• | •••• | - | Dumral, Gujarat, India |
| Herbid (India) Pvt Ltd | •••• | •••• | •••• | •••• | - | Haringhata, West Bengal, India |
| Avani Pharma Private Limited this company | •••• | •••• | •••• | •••• | - | Bangalore, Karnataka, India |
| Varav Tradex Private Limited | •••• | •••• | •••• | •••• | - | Panipat, Haryana, India |
| Medi One Pharma Labs Private Limited | •••• | •••• | •••• | •••• | - | Chennai, Tamil Nadu, India |
| Shivon Lifesciences Private Limited | •••• | •••• | •••• | •••• | - | Chandigarh, India |
| GSPD Healthcare Private Limited | •••• | •••• | •••• | •••• | - | Pune, Maharashtra, India |
| Ionex Chemicals India Private Limited | •••• | •••• | •••• | •••• | - | Aurangabad, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Avani Pharma by revenue in the Pharma industry (Pharma Retail and Distribution), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.
Auditor Details of Avani Pharma Private Limited
Avani Pharma Private Limited is audited by J P C & ASSOCIATES for the financial year 2016.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| J P C & ASSOCIATES | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Avani Pharma Private Limited
Avani Pharma has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Abin Abraham | Director | 23 May 2011 | 15 Years 4 Months | Current |
| Beny Baby | Director | 23 May 2011 | 15 Years 4 Months | Current |
Ownership and Shareholding of Avani Pharma Private Limited
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 Avani Pharma Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 29 Apr 2020 | Indian Overseas Bank | ₹4.5 Lakh | Open |
Total charge records: 1 View all charges
Employees and EPFO Compliance at Avani Pharma Private Limited
Employment history and EPFO contributions of people linked to Avani Pharma.
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 Avani Pharma Private Limited
Avani Pharma Private Limited has 2 board changes on record since 2011: 2 appointments. The latest: Abin Abraham was appointed as Director on 23 May 2011.
Credit Ratings, Litigation & Regulatory Alerts for Avani Pharma Private Limited
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 Avani Pharma Private Limited
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 Avani Pharma Private Limited
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 Avani Pharma Private Limited
Avani Pharma has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAJCA4993Q1ZM | Karnataka | Active | 01 Jul 2017 |
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 Avani Pharma Private Limited
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 Avani Pharma Private Limited
Avani Pharma is an active private limited company based in Bangalore, Karnataka, India. The company works in pharmaceutical retailers and distributors, within the pharma industry. It was incorporated on 23 May 2011 (15+ years old) and is registered under CIN U51397KA2011PTC058775.
Avani Pharma reported revenue of ₹3.26 Lakh for FY 2019 (down 75% YoY).
Avani Pharma has 2 current directors:
- Abin Abraham - Director
- Beny Baby - Director
Avani Pharma reported a net loss of ₹7.06 Lakh (net margin -216.4%) and EBITDA of -₹6.96 Lakh (EBITDA margin -213.2%) for FY 2019, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Avani Pharma is -4% over three years and -11% over five years. In the latest year (FY 2019) revenue fell 75%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Avani Pharma is 29AAJCA4993Q1ZM, registered in Karnataka.
The CIN (Corporate Identification Number) of Avani Pharma is U51397KA2011PTC058775. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Avani Pharma was incorporated on 23 May 2011, making it 15+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Avani Pharma by revenue are Samrthak Trade Link Private Limited, Accrecia Healthcare Private Limited, Godsun Life Sciences Private Limited, Panchratna Remedies India Limited, Herbid (India) Pvt Ltd and 5 more, all in the Pharma industry (Pharma Retail and Distribution).
Abin Abraham was appointed as Director on 23 May 2011. Beny Baby was appointed as Director on 23 May 2011.
Yes, Avani Pharma is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).