About Avanthik Spaces Private Limited
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Avanthik Spaces Private Limited is a private limited company based in Chennai, Tamil Nadu, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 20 February 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U51909TN2014PTC095117. Its GSTIN is 33AAMCA4436H1ZR (Tamil Nadu).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as A & V Trading Private Limited. It is led by directors Shankar and Sankar Swarnalatha.
Its last annual general meeting (AGM) was held on 31 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office is at No.14 &16 Raman Street T. Nagar, Chennai, Tamil Nadu, India – 600017.
As per the financials filed for FY 2020, the company reported a revenue of ₹7.26 Cr, a decline of 34% compared to the previous year. For the same year it recorded a net loss of ₹80,873 (net margin -0.1%) and EBITDA of ₹2.01 Cr (EBITDA margin 27.6%). Revenue has grown at a compounded annual rate (CAGR) of 170% over five years.
As per MCA filings, the company has open charges of ₹1.95 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 avanthikspaces.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressNo.14 &16 Raman Street T. Nagar, Chennai, Tamil Nadu, India – 600017
- IndustryReal Estate and Construction, Real Estate Builders & Developers
- 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
- One PDF report, delivered after checkout
Business Activity of Avanthik Spaces Private Limited
The main business activity of Avanthik Spaces is construction. In detail, this covers buildings.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| F | Construction | F1 | Buildings | Locked |
Business activity turnover details
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.
Financials of Avanthik Spaces Private Limited FY 2020 filings available
Avanthik Spaces Private Limited reported revenue of ₹7.26 Cr (down 34% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR) of Avanthik Spaces Private Limited
Revenue fell 34% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 170%. EBITDA fell 4% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary of Avanthik Spaces Private Limited
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹7.26 Cr | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹2.01 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹80,873 | •••• | •••• | •••• | •••• |
| 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 of Avanthik Spaces Private Limited
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 27.6% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -0.1% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Avanthik Spaces are in the company report.
Financial statements from 2015
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.
Peer Comparison of Avanthik Spaces Private Limited
Avanthik Spaces Private Limited is compared with the companies closest to it by revenue in the Real Estate industry (Builders and Developers). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Jindal Green Homes Private Limited | •••• | •••• | •••• | •••• | - | New Delhi, Delhi, India |
| Chhaya Assetline Private Limited | •••• | •••• | •••• | •••• | - | Kolkata, West Bengal, India |
| N.K. Leasing & Constructions Limited | •••• | •••• | •••• | •••• | - | Hyderabad, Telangana, India |
| Colossal Real Estates Private Limited | •••• | •••• | •••• | •••• | - | Chandigarh, India |
| Raju Lands Private Limited | •••• | •••• | •••• | •••• | - | Chennai, Tamil Nadu, India |
| Avanthik Spaces Private Limited this company | •••• | •••• | •••• | •••• | - | Chennai, Tamil Nadu, India |
| S V Global Mill Limited Listed | •••• | •••• | •••• | •••• | - | Chennai, Tamil Nadu, India |
| Karpur Constructtions Private Limited | •••• | •••• | •••• | •••• | - | Patna, Bihar, India |
| Ambizione Infrastructure Private Limited | •••• | •••• | •••• | •••• | - | Gulbarga, Karnataka, India |
| Chandrachola Constructions Private Limited | •••• | •••• | •••• | •••• | - | Chennai, Tamil Nadu, India |
| Avhad Builders and Developers Limited | •••• | •••• | •••• | •••• | - | Nashik, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Avanthik Spaces by revenue in the Real Estate industry (Builders and Developers), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.
Auditor Details of Avanthik Spaces Private Limited
Avanthik Spaces Private Limited is audited by G SEKAR ASSOCIATES for the financial year 2020.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| G SEKAR ASSOCIATES | Locked | Locked | Locked |
Complete auditor history
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 Avanthik Spaces Private Limited
Avanthik Spaces has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shankar Also directs: Avanthik Granites LLP, Avanthik Minerals LLP, Suryadesh Energy Private Limited and 3 more | Director | 20 Feb 2014 | 12 Years 7 Months | Current |
| Sankar Swarnalatha | Director | 03 May 2024 | 2 Years 5 Months | Current |
Ownership and Shareholding of Avanthik Spaces Private Limited
Shareholding and ownership data
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.
Charges & Borrowings of Avanthik Spaces Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 08 Mar 2019 | Others | ₹1.95 Cr | Open |
Total charge records: 1 View all charges
Employees and EPFO Compliance at Avanthik Spaces Private Limited
Employment history and EPFO contributions of people linked to Avanthik Spaces.
Employee and EPFO history
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.
Recent Activity on Avanthik Spaces Private Limited
Avanthik Spaces Private Limited has 5 board changes on record since 2014: 2 appointments and 3 cessations. The latest: Palanisamy Vikramkumar ceased to be Director on 07 May 2024.
Credit Ratings, Litigation & Regulatory Alerts for Avanthik Spaces Private Limited
Credit ratings, litigation, and regulatory alerts
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 Avanthik Spaces Private Limited
MSME payment history
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 Avanthik Spaces Private Limited
Corporate group structure
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.
GST Compliance of Avanthik Spaces Private Limited
Avanthik Spaces has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAMCA4436H1ZR | Tamil Nadu | Active | 19 Oct 2017 |
GST registrations and filing compliance
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.
MCA Filings & Documents of Avanthik Spaces Private Limited
MCA filings and documents
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.
Frequently Asked Questions about Avanthik Spaces Private Limited
Avanthik Spaces is an active private limited company based in Chennai, Tamil Nadu, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 20 February 2014 (12+ years old) and is registered under CIN U51909TN2014PTC095117.
Avanthik Spaces reported revenue of ₹7.26 Cr for FY 2020 (down 34% YoY).
Avanthik Spaces has 2 current directors:
- Shankar - Director
- Sankar Swarnalatha - Director
Avanthik Spaces reported a net loss of ₹80,873 (net margin -0.1%) and EBITDA of ₹2.01 Cr (EBITDA margin 27.6%) for FY 2020, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Avanthik Spaces is 170% over five years. In the latest year (FY 2020) revenue fell 34%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Avanthik Spaces is 33AAMCA4436H1ZR, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Avanthik Spaces is U51909TN2014PTC095117. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Avanthik Spaces was incorporated on 20 February 2014, making it 12+ years old. It is registered with the Registrar of Companies, Chennai.
The peers of Avanthik Spaces by revenue are Jindal Green Homes Private Limited, Chhaya Assetline Private Limited, N.K. Leasing & Constructions Limited, Colossal Real Estates Private Limited, Raju Lands Private Limited and 5 more, all in the Real Estate industry (Builders and Developers).
Palanisamy Vikramkumar ceased to be Director on 07 May 2024. Rajagopalan Rohit Ramanathan ceased to be Director on 03 May 2024. Sankar Swarnalatha was appointed as Director on 03 May 2024. Avanthik Spaces has 5 board changes on record in total.
Avanthik Spaces can be reached through the website avanthikspaces.com. Its registered office is in Chennai, Tamil Nadu, India.