About Avante Spaces Limited
Data last updated: 17 February 2026
Avante Spaces Limited is a public limited company based in Pune City, Maharashtra, India, a subsidiary of Kirloskar Industries Limited. It specialises in real estate development and construction, a part of the broader real estate and construction sector. Incorporated on 17 July 2020, the company has been in operation for over 6 years.
Registered with ROC Pune under CIN U45202PN2020PLC192070.
Capital: an authorised share capital of ₹115 Cr and a paid-up capital of ₹35.23 Cr. Formerly known as Wellness Space Developers Private Limited and Wellness Space Developers Limited. It is led by directors including Swati Shivanand Salgaocar and Tejas Padmanabh Deshpande.
Last AGM: 17 June 2025. Financial statements filed for year ended 31 March 2025. Office: Pune City, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹5.18 Cr, a decline of 98% compared to the previous year.
The company has a workforce of approximately 15 employees as per the latest available data. It operates as a subsidiary of Kirloskar Industries Limited.
The company is associated with 1 brand - Kirloskar Industries. As per MCA filings, the company has open charges of ₹1,150 Cr and satisfied charges of ₹120 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website kirloskarindustries.com.
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Registered AddressLevel 14 One Avante, Karve Road Kothrud, Pune City, Maharashtra, India – 411038
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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
Name History of Avante Spaces Limited
Avante Spaces Limited has undergone 2 name changes throughout its history. The company was previously known as Wellness Space Developers Private Limited, and Wellness Space Developers Limited. The current legal name is Avante Spaces Limited, reflecting the company's evolution and rebranding over time.
| Company Name | Status |
|---|---|
| Avante Spaces Limited | Current |
| Wellness Space Developers Private Limited | Previous |
| Wellness Space Developers Limited | Previous |
CIN History of Avante Spaces Limited
Avante Spaces Limited has one previous CIN (Corporate Identification Number): U45202PN2020PTC192070. The current CIN is U45202PN2020PLC192070, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U45202PN2020PLC192070 | Current |
| U45202PN2020PTC192070 | Previous |
Associated Brands with Avante Spaces Limited
Avante Spaces Limited operates one associated brand: Kirloskar Industries. These brands represent Avante Spaces Limited's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| Kirloskar Industries is engaged in wind energy generation solutions. | kirloskarindustries.com |
Competitors & Alternatives of Avante Spaces Limited
Brands and companies operating in the same space as Avante Spaces Limited include Ampin Energy Transition, L&T IDPL, Everrenew and 5 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
Ampin Energy Transition
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Developer of utility scale solar and wind power projects | Delhi, India, India | 2016 |
L&T IDPL
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Real estate and transmission infrastructure are developed by L&T IDPL. | Chennai, India, India | 2001 |
Everrenew
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Everrenew is a renewable energy company that offers affordable and reliable wind power and solar power investment solutions | Chennai, India, India | 2019 |
Winsol
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Sustainable wind power solutions are provided by Winsol. | Jamnagar, India, India | 2015 |
Alfa Infraprop
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Solar and wind energy projects are developed by the company. | Mumbai, India, India | 2008 |
Bhoruka Power
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Developer of renewable energy projects | Bengaluru, India, India | 1986 |
Kshema Power and Infrastructure
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Develops utility-scale power and infrastructure projects for energy solutions. | Chennai, India, India | 1998 |
Enerfra
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Renewable energy firm offering EPC, grid consulting, and asset management services. | Bengaluru, India, India | 2013 |
Business Activity of Avante Spaces Limited
Avante Spaces Limited is engaged in the principal business activity of construction, with detailed activities including construction of buildings.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| F | Construction | 41 | Construction of buildings | Locked |
Business activity turnover details for Avante Spaces Limited
Turnover contribution percentages and historical activity changes require an active report plan.
- Turnover contribution
- Historical classifications
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Auditor Details of Avante Spaces Limited
Avante Spaces Limited is audited by G. D. Apte & Co. for the financial year 2023. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| G. D. Apte & Co. | Locked | Locked | Locked |
Complete auditor history for Avante Spaces Limited
Appointment status, appointment dates, cessation dates, and historical auditor changes require an active report plan.
- Appointment status
- Appointment dates
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Board of Directors and KMP of Avante Spaces Limited
Avante Spaces Limited currently reports 5 directors and 1 key managerial person. 6 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Swati Shivanand Salgaocar | Director | 08 Mar 2021 | 5 Years 5 Months | Current |
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Tejas Padmanabh Deshpande
Also directs:
Kirloskar Pneumatic Company Limited, Avante Spaces Limited, Futurecraft Techlab Llp and 2 more
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Director | 19 Dec 2020 | 5 Years 8 Months | Current |
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Satish Jamdar
Also directs:
Kirloskar Oil Engines Limited, Kirloskar Industries Limited, Avante Spaces Limited and 3 more
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Director | 19 Dec 2020 | 5 Years 8 Months | Current |
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Akshay Sahni
Also directs:
Avante Spaces Limited, La-Gajjar Machineries Private Limited
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Director | 25 Apr 2025 | 1 Years 3 Months | Current |
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Rahul Chandrakant Kirloskar
Also directs:
Snow Leopard Global Technology Llp, Snow Leopard Momentum-Ii Llp, Rykenthorus Ventures Llp and 5 more
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Director | 27 Jan 2025 | 1 Years 6 Months | Current |
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Deepak Porayath
Also directs:
Avante Spaces Limited
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Ceo | 21 Feb 2025 | 1 Years 6 Months | Current |
Financials of Avante Spaces Limited FY 2025 filings available
Avante Spaces Limited reported revenue of ₹5.18 Cr (down 98.00% YoY) for FY 2025.
Ten-year financial statements for Avante Spaces Limited
Historical statement values and trend charts require an active report plan.
- Income statements
- Balance sheets
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Ownership and Shareholding of Avante Spaces Limited
Shareholding and ownership data for Avante Spaces Limited
Promoter, institutional, public, and beneficial ownership values require an active report plan.
- Ownership categories
- Historical changes
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- FII and DII holdings
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Charges & Borrowings of Avante Spaces Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 23 Jan 2026 | Others | ₹1,150 Cr | Open |
| 30 Jun 2022 | Others | ₹120 Cr | Satisfied |
Total charge records: 2 View all charges
Employees and EPFO Compliance at Avante Spaces Limited
Avante Spaces Limited has a workforce of 15 employees as of Apr 04, 2024.
Employee and EPFO history for Avante Spaces Limited
Monthly headcount, contribution history, establishment records, and filing compliance require an active report plan.
- Monthly headcount
- PF contributions
- ECR filing status
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GST Compliance of Avante Spaces Limited
GST registrations and filing compliance for Avante Spaces Limited
State-wise registrations, return filing status, HSN and SAC details, and jurisdiction records require an active report plan.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
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Credit Ratings, Litigation & Regulatory Alerts for Avante Spaces Limited
Credit ratings, litigation, and regulatory alerts for Avante Spaces Limited
Agency ratings, court records, regulatory events, and entity-specific compliance alerts require an active report plan.
- Rating history
- Court and tribunal cases
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- Director-linked violations
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MSME Payment Delays by Avante Spaces Limited
MSME payment history for Avante Spaces Limited
Amounts outstanding to micro and small suppliers, delay reasons, and MSME-1 filing history require an active report plan.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
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Subsidiaries & Group Companies of Avante Spaces Limited
Corporate group structure for Avante Spaces Limited
Parent, subsidiary, associate, joint venture, and ownership records require an active report plan.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
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MCA Filings & Documents of Avante Spaces Limited
MCA filings and documents for Avante Spaces Limited
Official forms, annual returns, financial statements, charge filings, and document dates require an active report plan.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
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Recent Activity on Avante Spaces Limited
Frequently Asked Questions about Avante Spaces Limited
Avante Spaces Limited is an active public limited company in the real estate and construction sector based in Pune City, Maharashtra, India. It was incorporated on 17 July 2020 (6+ years old) and is registered under CIN U45202PN2020PLC192070. The company has 15 employees.
Avante Spaces Limited reported revenue of ₹5.18 Cr for FY 2025 (down 98.00% YoY).
The current directors and KMP of Avante Spaces Limited are:
- Swati Shivanand Salgaocar - Director
- Tejas Padmanabh Deshpande - Director
- Satish Jamdar - Director
- Akshay Sahni - Director
- Rahul Chandrakant Kirloskar - Director
- Deepak Porayath - Ceo
The primary industry of Avante Spaces Limited is real estate and construction. The company specifically operates in real estate builders and developers. The company is currently active in this sector.
Avante Spaces Limited can be reached at the registered office: Level 14 One Avante, Karve Road Kothrud, Pune City, Maharashtra, India – 411038, or through the website kirloskarindustries.com.
The authorised capital is ₹115 Cr, and the paid-up capital is ₹35.23 Cr.