Avanti Resources Private Limited
About Avanti Resources Private Limited
Data last updated:
Avanti Resources Private Limited was a private limited company based in Mumbai, Maharashtra, India. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the wholesale distribution segment of the trading and commerce sector. It was incorporated on 08 February 2008.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U15143MH2008PTC281162. Its GSTIN is 23AAGCA9146E1ZV (Madhya Pradesh).
The company had an authorised share capital of ₹51 Lakh and a paid-up capital of ₹41 Lakh. It was led by directors Swadesh Trivedi and Rajesh Khandelwal.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office was at A – 103 Shanti Niwas Natvar Nagar Road No. 5 Hindu Friends Society Jogeshwari (E), Mumbai, Maharashtra, India – 400060.
CIN History of Avanti Resources Private Limited
Avanti Resources has one previous CIN (Corporate Identification Number): U15143MP2008PTC020316. The current CIN is U15143MH2008PTC281162, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U15143MH2008PTC281162 | Current |
| U15143MP2008PTC020316 | Previous |
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered AddressA – 103 Shanti Niwas Natvar Nagar Road No. 5 Hindu Friends Society Jogeshwari (E), Mumbai, Maharashtra, India – 400060
- IndustryTrading, Other Wholesale, Wholesale
- 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
Financials of Avanti Resources Private Limited FY 2024 filings available
Avanti Resources Private Limited reported revenue of ₹609 (down 100% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Avanti Resources Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 62% over five years. 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 Avanti Resources Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 of Avanti Resources Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | •••• | •••• | •••• | •••• | •••• |
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 Avanti Resources 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.
Board of Directors of Avanti Resources Private Limited
Avanti Resources 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 |
|---|---|---|---|---|
| Swadesh Trivedi Also directs: Vedic Resources Private Limited | Director | 08 Feb 2008 | 18 Years 8 Months | As last reported |
| Rajesh Khandelwal Also directs: Vedic Resources Private Limited, Highway Resources LLP, Nirvana Realty Developers LLP and 5 more | Director | 17 Dec 2018 | 7 Years 10 Months | As last reported |
Auditor Details of Avanti Resources Private Limited
Avanti Resources Private Limited is audited by Bhatt & Mathur for the financial year 2017.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Bhatt & Mathur | 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.
Ownership and Shareholding of Avanti Resources 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 Avanti Resources Private Limited
Avanti Resources Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Avanti Resources Private Limited
Employment history and EPFO contributions of people linked to Avanti Resources.
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.
Group Structure of Avanti Resources Private Limited
Avanti Resources has 3 associated companies. This group structure data is as of FY 2017. The table lists each entity with its relationship and holding.
Recent Activity on Avanti Resources Private Limited
Avanti Resources Private Limited has 5 board changes on record since 2008: 2 appointments and 3 cessations. The latest: Rajesh Khandelwal ceased to be Additional Director on 30 Sep 2019.
Credit Ratings, Litigation & Regulatory Alerts for Avanti Resources 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 Avanti Resources 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 Avanti Resources 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 Avanti Resources Private Limited
Avanti Resources has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 23AAGCA9146E1ZV | Madhya Pradesh | Active | 01 Jul 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 Avanti Resources 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 Avanti Resources Private Limited
Avanti Resources 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.
Avanti Resources was a private limited company based in Mumbai, Maharashtra, India. The company worked in other wholesale, within the trading industry. It was incorporated on 08 February 2008 and is registered under CIN U15143MH2008PTC281162. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Avanti Resources was incorporated on 08 February 2008. It is registered with the Registrar of Companies, Mumbai.
Avanti Resources had 2 directors:
- Swadesh Trivedi - Director
- Rajesh Khandelwal - Director
The CIN (Corporate Identification Number) of Avanti Resources is U15143MH2008PTC281162. 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 Avanti Resources is at A – 103 Shanti Niwas Natvar Nagar Road No. 5 Hindu Friends Society Jogeshwari E, Mumbai, Maharashtra, India – 400060.
Avanti Resources has an authorised share capital of ₹51 Lakh and a paid-up capital of ₹41 Lakh.
The GSTIN of Avanti Resources is 23AAGCA9146E1ZV, registered in Madhya Pradesh.
Avanti Resources operated in the trading industry, in the other wholesale segment.
No. Avanti Resources is not listed on any stock exchange. It is an unlisted company.