About Avani Projects and Infrastructure Limited
Data last updated:
Avani Projects and Infrastructure Limited is a public limited company based in Kolkata, West Bengal, India. The company is currently undergoing Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency professional. It specialises in real estate development and construction, a part of the broader real estate and construction sector. Incorporated on 11 April 2005, the company has been in operation for over 21 years.
Registered with ROC Kolkata under CIN U45201WB2005PLC102702.
Capital: an authorised share capital of ₹115.25 Cr and a paid-up capital of ₹99.43 Cr. It is led by directors including Anirudh Daga and Bhaskar Biswas.
Last AGM: 30 September 2017. Financial statements filed for year ended 31 March 2017. Office: 59A Chowringhee Road, Kolkata, West Bengal, India – 700020.
As per the financials filed for FY 2017, the company reported a revenue of ₹14.74 Cr, a decline of 74% compared to the previous year.
The company has a workforce of approximately 8 employees as per the latest available data. Its group structure includes 7 subsidiaries.
As per MCA filings, the company has open charges of ₹395.92 Cr and satisfied charges of ₹625.29 Cr on record.
The company is undergoing Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency professional, and the company may not be able to independently enter into new commitments. The last known website on record is avaniestates.com.
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- Registered Address59A Chowringhee Road, Kolkata, West Bengal, India – 700020
- IndustryReal Estate and Construction, Real Estate Builders & Developers
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
CIN History of Avani Projects and Infrastructure
Avani Projects and Infrastructure has one previous CIN (Corporate Identification Number): U45201WB2005PTC102702. The current CIN is U45201WB2005PLC102702, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U45201WB2005PLC102702 | Current |
| U45201WB2005PTC102702 | Previous |
Business Activity of Avani Projects and Infrastructure
The main business activity of Avani Projects and Infrastructure is real estate. In detail, this covers real estate activities with own or leased property.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| L | Real Estate | L1 | Real estate activities with own or leased property | Locked |
Business activity turnover details for Avani Projects and Infrastructure Limited
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.
Auditor Details of Avani Projects and Infrastructure
Avani Projects and Infrastructure Limited is audited by CHOPRA & CO for the financial year 2017.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| CHOPRA & CO | Locked | Locked | Locked |
Complete auditor history for Avani Projects and Infrastructure Limited
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 Projects and Infrastructure Limited
Avani Projects and Infrastructure has 3 current directors and 12 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Anirudh Daga Also directs: Avani Homes PVT. LTD. | Managing Director | 01 Jul 2006 | 20 Years 3 Months | As last reported |
| Bhaskar Biswas Also directs: Foreshore Projects Private Limtied, Estin Tieup Private Limited, Caslyn Tradecon Private Limited and 4 more | Director | 25 Sep 2014 | 12 Years 0 Months | As last reported |
| Biswadeep Ganguly | Director | 30 Jun 2009 | 17 Years 3 Months | As last reported |
Financials of Avani Projects and Infrastructure Limited FY 2017 filings available
Avani Projects and Infrastructure Limited reported revenue of ₹14.74 Cr (down 74.00% YoY) for FY 2017.
Ten-year financial statements for Avani Projects and Infrastructure Limited
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.
Ownership and Shareholding of Avani Projects and Infrastructure
Shareholding and ownership data for Avani Projects and Infrastructure Limited
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.
Group Structure of Avani Projects and Infrastructure Limited
Avani Projects and Infrastructure has 7 subsidiary companies. This group structure data is as of FY 2017. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares Held |
|---|---|---|
| Avani Lakeside Private Limited | U45200WB2006PTC112154 | Locked |
| Foreshore Projects Private Limtied | U45400WB2007PTC114733 | Locked |
| Estin Tieup Private Limited | U51109WB2005PTC103193 | Locked |
| Caslyn Tradecon Private Limited | U51109WB2005PTC103196 | Locked |
| Adone Hotels & Hospitality Limited | U55101DL2006PLC154220 | Locked |
| Oxford Facilities Management | U70102WB2010NPL146580 | Locked |
Showing major subsidiaries. Total: 7.
Charges & Borrowings of Avani Projects and Infrastructure
| Date | Lender | Amount | Status |
|---|---|---|---|
| 04 Sep 2015 | Reliance Home Finance Limited | ₹50 Cr | Open |
| 30 Jun 2015 | Reliance Capital Ltd | ₹278 Cr | Open |
| 21 Mar 2013 | State Bank of India | ₹67 Cr | Open |
| 28 Sep 2012 | Reliance Capital Ltd | ₹92.37 Lakh | Open |
| 27 Feb 2015 | Reliance Capital Ltd | ₹5.37 Cr | Satisfied |
Total charge records: 18 View all charges
Employees and EPFO Compliance at Avani Projects and Infrastructure
Avani Projects and Infrastructure Limited has a workforce of 8 employees as of Mar 31, 2024.
Employee and EPFO history for Avani Projects and Infrastructure Limited
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.
GST Compliance of Avani Projects and Infrastructure
GST registrations and filing compliance for Avani Projects and Infrastructure Limited
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.
Credit Ratings, Litigation & Regulatory Alerts for Avani Projects and Infrastructure
Credit ratings, litigation, and regulatory alerts for Avani Projects and Infrastructure Limited
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 Projects and Infrastructure
MSME payment history for Avani Projects and Infrastructure Limited
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 Projects and Infrastructure
Corporate group structure for Avani Projects and Infrastructure Limited
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.
MCA Filings & Documents of Avani Projects and Infrastructure
MCA filings and documents for Avani Projects and Infrastructure Limited
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.
Recent Activity on Avani Projects and Infrastructure
Frequently Asked Questions about Avani Projects and Infrastructure Limited
Avani Projects and Infrastructure is undergoing "Corporate Insolvency Resolution Process" (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency resolution professional. The company may not be able to independently enter into new commitments during this period. This is a high-risk status - verify the resolution status before any engagement.
Avani Projects and Infrastructure is a company under insolvency, formerly operating as a public limited company in the real estate and construction sector based in Kolkata, West Bengal, India. It was incorporated on 11 April 2005 and is registered under CIN U45201WB2005PLC102702. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Avani Projects and Infrastructure reported revenue of ₹14.74 Cr for FY 2017 (down 74.00% YoY).
The current directors of Avani Projects and Infrastructure are:
- Anirudh Daga - Managing Director
- Bhaskar Biswas - Director
- Biswadeep Ganguly - Director
The CIN (Corporate Identification Number) of Avani Projects and Infrastructure is U45201WB2005PLC102702. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Avani Projects and Infrastructure has open charges of ₹395.92 Cr and satisfied charges of ₹625.29 Cr as per latest MCA filings.