Avant Developments Private Limited
About Avant Developments Private Limited
Data last updated:
Avant Developments Private Limited is a private limited company based in Delhi, India. It operates in the road and bridge construction segment of the infrastructure and utilities sector. It was incorporated on 19 December 2006 and has been in existence for over 20 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U45200DL2006PTC156726. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹96.45 Lakh. It is led by directors Ashwin Kumar Handa (Managing Director) and Madhu Handa.
Its last annual general meeting (AGM) was held on 28 September 2012, and its latest financial statements are for the year ended 31 March 2012. The registered office is at D – 25 Ansal Villa Farms Satbari Mehrauli, Delhi, India – 110030.
As per MCA filings, the company has open charges of ₹40 Cr on record. Court records list 2 cases involving the company, including 2 filed against it.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
Contact details
Avant Developments Private Limited's registered office is in Delhi, Delhi.
- Registered AddressD – 25 Ansal Villa Farms Satbari Mehrauli, Delhi, India – 110030
- IndustryInfrastructure and Utilities, Road & Bridge Construction, General Construction Services
- 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
Financials of Avant Developments Private Limited
FY 2012 filings availableFinancial Statement Summary
| Metrics | FY 2011-12 |
|---|---|
| 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 | |
| Profit Before Tax | |
| Tax Expense | |
| Net Profit (PAT) | |
| 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
| Metrics | FY 2011-12 |
|---|---|
| Profitability | |
| EBITDA Margin | |
| Net Profit Margin | |
| 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 Avant Developments Private Limited, buy the company report.
Board of directors of Avant Developments Private Limited
Avant Developments has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Madhu Handa | Director | 19 Dec 2006 | 19 Years 10 Months | Current |
| Ashwin Kumar Handa | Managing Director | 19 Dec 2006 | 19 Years 10 Months | Current |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 21 Oct 2010 | 10249009 | State Bank of India | ₹40 Cr | Open |
To see the full charge records of Avant Developments Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Avant Developments Private Limited has 2 court cases on record: 2 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 2 | 0 |
Cases on record (1 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, South East, Delhi | Arbitration matter | Filed against the company by TVS Credit Services Ltd | Disposed |
To see the full case history of Avant Developments 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 Avant Developments Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Avant Developments has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Avant Developments Private Limited, buy the company report.
Recent activity
Avant Developments Private Limited has 4 board changes on record since 2006: 2 appointments and 2 cessations. The latest: Nitin Handa ceased to be Director on 27 Jul 2012.
Frequently asked questions
Avant Developments is an active private limited company based in Delhi, India. The company works in road and bridge construction, within the infrastructure and utilities industry. It was incorporated on 19 December 2006 (20+ years old) and is registered under CIN U45200DL2006PTC156726.
Avant Developments has 2 current directors:
- Ashwin Kumar Handa - Managing Director
- Madhu Handa - Director
The latest financial statements of Avant Developments on record with the MCA are for the year ended 31 March 2012. Its last annual general meeting was held on 28 September 2012. Year-wise statements from 2015 are in the company report.
No. Avant Developments has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Avant Developments is U45200DL2006PTC156726. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Avant Developments has 2 court cases on record: 2 filed against it.
Avant Developments was incorporated on 19 December 2006, making it 20+ years old. It is registered with the Registrar of Companies, Delhi.
Nitin Handa ceased to be Director on 27 Jul 2012. Ashwin Kumar Handa ceased to be Director on 22 Aug 2008. Ashwin Kumar Handa was appointed as Managing Director on 19 Dec 2006. Avant Developments has 4 board changes on record in total.
The registered office of Avant Developments is at D – 25 Ansal Villa Farms Satbari Mehrauli, Delhi, India – 110030.
Avant Developments operates in the infrastructure and utilities industry, in the road and bridge construction segment.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
