About Avant-Garde Shelters Private Limited
Data last updated:
Avant-Garde Shelters Private Limited was a private limited company based in Bangalore, Karnataka, India, operated as a subsidiary of Mantri Mansion Private Limited. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 16 October 2009.
The company was registered with the Registrar of Companies (ROC), Bangalore, under CIN U70102KA2009PTC051227.
The company had an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Avant-Garde Beverages Private Limited. It was led by directors Manjunatha Aithal and Ganapathy Venkatesh.
Its last annual general meeting (AGM) was held on 17 August 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office was at Mantri House No. 41 Vittal Mallya Road, Bangalore, Karnataka, India – 560001.
As per the financials filed for FY 2017, the company reported a revenue of ₹13.64 Lakh, a growth of 13% compared to the previous year. For the same year it recorded a net loss of ₹87,180 (net margin -6.4%) and EBITDA of ₹13.22 Lakh (EBITDA margin 96.9%).
The last known website on record is mantri.in.
Company details
CIN history
Avant-Garde Shelters has one previous CIN (Corporate Identification Number): U55204KA2009PTC051227. The current CIN is U70102KA2009PTC051227, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U70102KA2009PTC051227 | Current |
| U55204KA2009PTC051227 | Previous |
Contact details
Avant-Garde Shelters Private Limited's registered office is in Bangalore, Karnataka. Its website is mantri.in. Its e-mail address is in the company report.
- Email
- Website
- Social Media
- Registered AddressMantri House No. 41 Vittal Mallya Road, Bangalore, Karnataka, India – 560001
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Avant-Garde Shelters Private Limited, buy the company report.
- 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
Business activity
The main business activity of Avant-Garde Shelters is real estate. In detail, this covers real estate activities on fee or contract basis.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| L | Real Estate | L2 | Real estate activities on fee or contract basis |
Financials of Avant-Garde Shelters Private Limited
FY 2017 filings availableAvant-Garde Shelters Private Limited reported revenue of ₹13.64 Lakh (up 13% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue rose 13% in the latest year. EBITDA rose 15% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | |||
| Other Income | |||
| Total Revenue | ₹13.64 Lakh | ||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | ₹13.22 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹87,180 | ||
| 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 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 96.9% | ||
| Net Profit Margin | -6.4% | ||
| 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 | |||
To see the full financial statements and ratios of Avant-Garde Shelters Private Limited, buy the company report.
Board of directors of Avant-Garde Shelters Private Limited
Avant-Garde Shelters has 2 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Manjunatha Aithal | Director | 06 Aug 2016 | 10 Years 2 Months | As last reported |
| Ganapathy Venkatesh | Director | 10 Jun 2015 | 11 Years 4 Months | As last reported |
Auditor
Avant-Garde Shelters Private Limited is audited by GURU & JANA for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| GURU & JANA | FY 2017 | 006826S |
Shareholding
The shareholding of Avant-Garde Shelters Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Avant-Garde Shelters Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Avant-Garde Shelters Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Avant-Garde Shelters Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Avant-Garde Shelters Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Avant-Garde Shelters Private Limited has 12 board changes on record since 2010: 2 appointments and 10 cessations. The latest: Manjunatha Aithal ceased to be Additional Director on 17 Aug 2017.
3 earlier events are in the company report.
Frequently asked questions
Avant-Garde Shelters has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Avant-Garde Shelters was a private limited company based in Bangalore, Karnataka, India. The company worked in real estate builders and developers, within the real estate and construction industry. It was incorporated on 16 October 2009 and is registered under CIN U70102KA2009PTC051227. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Avant-Garde Shelters was incorporated on 16 October 2009. It is registered with the Registrar of Companies, Bangalore.
Avant-Garde Shelters had 2 directors:
- Manjunatha Aithal - Director
- Ganapathy Venkatesh - Director
The CIN (Corporate Identification Number) of Avant-Garde Shelters is U70102KA2009PTC051227. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Avant-Garde Shelters is at Mantri House No. 41 Vittal Mallya Road, Bangalore, Karnataka, India – 560001.
Avant-Garde Shelters can be reached through the website mantri.in. Its registered office is in Bangalore, Karnataka, India.
The latest financial statements of Avant-Garde Shelters on record with the MCA are for the year ended 31 March 2017. Its last annual general meeting was held on 17 August 2017. Year-wise statements from 2015 are in the company report.
Avant-Garde Shelters operated in the real estate and construction industry, in the real estate builders and developers segment.
Manjunatha Aithal ceased to be Additional Director on 17 Aug 2017. Manjunatha Aithal was appointed as Director on 06 Aug 2016. Ganapathy Venkatesh ceased to be Additional Director on 26 Sep 2015. Avant-Garde Shelters has 12 board changes on record in total.
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