Avante Spaces Limited - Company Profile

It is a real estate and construction public limited company based in Pune City, Maharashtra, India, established in 2020.

2020 Pune City, Maharashtra, India Active

Last Updated: February 17, 2026

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About Avante Spaces Limited

Avante Spaces Limited, a active public limited company, was established on 17 July 2020 in Pune City, Maharashtra, India. Engaging in real estate builders & developers within the real estate and construction sector, it holds CIN: U45202PN2020PLC192070. Registered under ROC Roc Pune. it is unlisted. It has an authorized capital of ₹115.00 Cr and a paid-up capital of ₹35.23 Cr.

Formerly known as Wellness Space Developers Private Limited, Wellness Space Developers Limited. It upholds a compliant status. Employing 15 professional, Its leadership includes Rahul Chandrakant Kirloskar (Director), Akshay Sahni (Director), Satish Jamdar (Director). Past directors included Rahul Chandrakant Kirloskar, Akshay Sahni, Anandh Ganeshlal Baheti. It holds ₹1,150.00 Cr open charges and ₹120.00 Cr settled loans. Its latest AGM occurred on 17 June 2025, with the balance sheet filed on 31 March 2025. It is based at Level 14, One Avante, Karve Road, Kothrud, Pune City, Maharashtra, 411038.

Company Details

CIN/LLPIN
U45202PN2020PLC192070
Registration Number
192070
Incorporation Date
17 July 2020
Authorized Capital
₹115.00 Cr
Paid-Up Capital
₹35.23 Cr
ROC Code
Roc Pune
Listing Status
Unlisted
Company Status
Active

Key Metrics

Authorised Capital ₹ 115.00 Cr as on 17-02-2026
Paid Up Capital ₹ 35.23 Cr as on 17-02-2026
Company Age 5 Year, 10 Months
Last Filing with ROC 31 Mar 2025
Open Charges ₹ 1,150.00 Cr as on 17-02-2026
Satisfied Charges ₹ 120.00 Cr as on 17-02-2026
Revenue Growth **** -94.74% (FY 2023)
Profit Growth **** 13.59% (FY 2023)
Ebitda **** 28.29% (FY 2023)
Net Worth -3.16% (FY 2023)
Total Assets **** 52.44% (FY 2023)

Comprehensive Company Insights

Explore comprehensive insights into Avante Spaces Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Avante Spaces Limited?

Current Directors

Name	Designation	Appointment Date	Status
Rahul Chandrakant Kirloskar	Director	27 Jan 2025	Current
Akshay Sahni	Director	25 Apr 2025	Current
Satish Jamdar	Director	19 Dec 2020	Current
Tejas Padmanabh Deshpande	Director	19 Dec 2020	Current
Swati Shivanand Salgaocar	Director	08 Mar 2021	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Additional Director	16 Jun 2025	Past
Pramod Abcsdd	Additional Director	16 Jun 2025	Past
Pramod Abcsdd	Cfo	04 Nov 2025	Past
Pramod Abcsdd	Director	22 Dec 2020	Past
Pramod Abcsdd	Additional Director	19 Dec 2020	Past
Pramod Abcsdd	Additional Director	19 Dec 2020	Past

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Financial Performance of Avante Spaces.

Avante Spaces Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 94.74% decrease. The company also saw a substantial improvement in profitability, with a 13.59% increase in profit. The company's net worth dipped by a decrease of 3.16%.

Date	Amount	Transaction Name	Valuation	Lead Investors	Investors
Jul, 2021	Amount	Post-IPO - Grab	Valuation	investors	Emtek
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners
Jan, 2021	Amount	Post-IPO - Grab	Valuation	investors	Hana Financial Group , GGV Capital
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners

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Key Matrics
Balance Sheet
Profit and Loss
Cash Flow
Ratios

Metrics

(FY 2023)

YOY Growth

(FY 2022)

(FY 2021)

(FY 2020)

(FY 2019)

Total Revenue

********

-94.74%

*******

Revenue from Operations

*******

Total Assets

*******

52.44%

*******

Profit or Loss

*******

13.59%

*******

Net Worth

*******

-3.16%

*******

EBITDA

*******

28.29%

*******

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What is the Ownership and Shareholding Structure of Avante Spaces?

In 2023, Avante Spaces had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)

Promoters: 92.83%
Public: 4.10%
Others: 3.07%

Shareholding Pattern over the Year

	FY (2024)	FY (2023)	FY (2022)	FY (2021)	FY (2020)
Promoters	92.83	94.62	94.55	94.55	94.55
Public	4.10	3.89	3.95	3.96	3.98
Others	3.07	1.49	1.50	1.49	1.47

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Charges (Loans)

Open Charges

₹11,500,000,000.00

Satisfied Charges

₹1,200,000,000.00

Charges Breakdown by Lending Institutions

Others : 1150.00 Cr

Latest Charge Details

Date	Lender	Amount	Status
23 Jan 2026	Others	₹1,150.00 Cr	Open
30 Jun 2022	Others	₹120.00 Cr	Satisfied

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How Many Employees Work at Avante Spaces?

Avante Spaces has a workforce of 15 employees as of Apr 04, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee Date	Number of Employees
2020	78,000
2021	80,500
2022	83,200
2023	86,000
2024	89,500
2025	92,000

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Deals i

Gain comprehensive insights into the Deals and Valuation data of Avante Spaces, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Avante Spaces's trajectory.

Rating

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Alerts

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on Avante Spaces

Recent Activity within the Organization

Charges

The activity A charge with Others amounted to Rs. 1,150.00 Cr with Charge ID 101232525 was registered on 23 Jan 2026. was completed.
23 Jan 2026
Director Appointment

The activity Bharathan Gopalakrishnan was appointed as a Cfo was appointed as a Cfo on 24 Dec 2025 & has been associated with this company since 4 months 28 days . was completed.
24 Dec 2025
Annual General Meeting

Avante Spaces Limited last Annual general meeting of members was held on 17 Jun 2025 as per latest MCA records. was recorded as a recent event.
17 Jun 2025
Director Appointment

The activity Akshay Sahni was appointed as a Director was appointed as a Director on 25 Apr 2025 & has been associated with this company since 1 year 26 days . was completed.
25 Apr 2025
Balance Sheet

Progress on Avante Spaces Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Pune. was documented.
31 Mar 2025
Director Appointment

The activity Deepak Porayath was appointed as a Ceo was appointed as a Ceo on 21 Feb 2025 & has been associated with this company since 1 year 2 months . was completed.
21 Feb 2025

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