Avanti Retail Private Limited
About Avanti Retail Private Limited
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Avanti Retail Private Limited is a private limited company based in Bhubaneswar, Odisha, India. It operates in the retail trade segment of the trading and commerce sector. It was incorporated on 14 February 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Cuttack, under CIN U51900OR2013PTC016538.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹2 Lakh. It is led by directors Sheikh Mairajul Haque and Sashikant Barik.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Plot No. A/295 Saheed Nagar, Bhubaneswar, Odisha, India – 751007.
As per the financials filed for FY 2024, the company reported a revenue of ₹7.66 Lakh, a decline of 62% compared to the previous year. For the same year it recorded a net profit of ₹32,894 (net margin 4.3%) and EBITDA of ₹46,161 (EBITDA margin 6%). Revenue has declined at a compounded annual rate (CAGR) of 29% over three years and 13% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Avanti Retail Private Limited's registered office is in Bhubaneswar, Odisha. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressPlot No. A/295 Saheed Nagar, Bhubaneswar, Odisha, India – 751007
- IndustryTrading, Retailers, Retail Trading
To see the full contact details of Avanti Retail 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
Financials of Avanti Retail Private Limited
FY 2025 filings availableAvanti Retail Private Limited reported revenue of ₹7.66 Lakh (down 62% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 13% over five years, including a 62% fall in the latest year. EBITDA fell 3% 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹46,161 | ||||
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| Net Profit (PAT) | ₹32,894 | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | 6% | ||||
| Net Profit Margin | 4.3% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Avanti Retail Private Limited, buy the company report.
Board of directors of Avanti Retail Private Limited
Avanti Retail has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sheikh Mairajul Haque | Director | 14 Feb 2013 | 13 Years 8 Months | Current |
| Sashikant Barik | Director | 14 Feb 2013 | 13 Years 8 Months | Current |
Auditor
Avanti Retail Private Limited is audited by H.K.CHANDAK & CO. for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| H.K.CHANDAK & CO. | FY 2017 | 317153E |
Shareholding
The shareholding of Avanti Retail 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 Avanti Retail Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Avanti Retail 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 Avanti Retail 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 Avanti Retail Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Avanti Retail Private Limited has 2 board changes on record since 2013: 2 appointments. The latest: Sashikant Barik was appointed as Director on 14 Feb 2013.
Frequently asked questions
Avanti Retail is an active private limited company based in Bhubaneswar, Odisha, India. The company works in retailers, within the trading industry. It was incorporated on 14 February 2013 (13+ years old) and is registered under CIN U51900OR2013PTC016538.
Avanti Retail has 2 current directors:
- Sheikh Mairajul Haque - Director
- Sashikant Barik - Director
The latest financial statements of Avanti Retail on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Avanti Retail is U51900OR2013PTC016538. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Avanti Retail was incorporated on 14 February 2013, making it 13+ years old. It is registered with the Registrar of Companies, Cuttack.
Sashikant Barik was appointed as Director on 14 Feb 2013. Sheikh Mairajul Haque was appointed as Director on 14 Feb 2013.
The registered office of Avanti Retail is at Plot No. A295 Saheed Nagar, Bhubaneswar, Odisha, India – 751007.
Avanti Retail operates in the trading industry, in the retailers segment.
The compliance status of Avanti Retail is compliant as of 09 July 2026. The company is actively filing with the Registrar of Companies.
Avanti Retail can be reached at its registered office: Plot No. A295 Saheed Nagar, Bhubaneswar, Odisha, India – 751007.
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