Avanti Vyapaar Pvt Ltd
About Avanti Vyapaar Pvt Ltd
Data last updated:
Avanti Vyapaar Pvt Ltd was a private limited company based in Kolkata, West Bengal, 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 non-banking financial services (NBFC) segment of the financial services sector. It was incorporated on 01 July 1996.
The company was registered with the Registrar of Companies (ROC), Kolkata, under CIN U51909WB1996PTC080285.
The company had an authorised share capital of ₹67 Lakh and a paid-up capital of ₹65.94 Lakh. It was led by directors Surabhi Mittal and Somesh Mittal.
Its last annual general meeting (AGM) was held on 25 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office was at 401 Vatsalya Chambers 4A Narendra Dutta Sarani, Kolkata, West Bengal, India – 700001.
As per the financials filed for FY 2019, the company reported a revenue of ₹36.97 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹28.52 Lakh (net margin 77.2%) and EBITDA of ₹36.37 Lakh (EBITDA margin 98.4%). Revenue has declined at a compounded annual rate (CAGR) of 19% over three years.
As per MCA filings, the company had satisfied charges of ₹40.37 Cr on record. Court records list 2 cases involving the company, including 2 filed by the company.
Company details
Contact details
Avanti Vyapaar Pvt Ltd's registered office is in Kolkata, West Bengal. Its e-mail address is in the company report.
- Email
- Registered Address401 Vatsalya Chambers 4A Narendra Dutta Sarani, Kolkata, West Bengal, India – 700001
- IndustryFinancial Services, NBFC
To see the full contact details of Avanti Vyapaar Pvt Ltd, 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 Avanti Vyapaar is financial and insurance service. In detail, this covers other financial activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities |
To see the full business activity and turnover split of Avanti Vyapaar Pvt Ltd, buy the company report.
Financials of Avanti Vyapaar Pvt Ltd
FY 2019 filings availableAvanti Vyapaar Pvt Ltd reported revenue of ₹36.97 Lakh (up 696% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue rose 696% in the latest year, though over three years it has declined at a compounded annual rate (CAGR) of 19%. EBITDA rose 316% 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 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹36.97 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹36.37 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹28.52 Lakh | ||||
| 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 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 98.4% | ||||
| Net Profit Margin | 77.2% | ||||
| 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 Avanti Vyapaar Pvt Ltd, buy the company report.
Board of directors of Avanti Vyapaar Pvt Ltd
Avanti Vyapaar has 2 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Surabhi Mittal Also directs: Sisprep Educare Private Limited, Kakrola Education & Healthcare Private Limited, Innovative Infracity Private Limited and 2 more | Director | 15 Apr 2015 | 11 Years 6 Months | As last reported |
| Somesh Mittal Also directs: Sehsola Agro Products LLP, One Prastha Realty LLP, Sonipat Devru Ventures LLP and 5 more | Director | 15 Apr 2015 | 11 Years 6 Months | As last reported |
Peer comparison
Avanti Vyapaar Pvt Ltd is compared with the 7 companies closest to it by revenue in the BFSI industry (NBFC), with the same principal business activity (other financial activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Highline India Kuries Private Limited | ₹38.35 Lakh (FY 2025) | -11.0% | Thrissur, Kerala, India | |||
| Pavapuri Trading & Investment Co. Ltd. | ₹37.4 Lakh (FY 2025) | 32.0% | Kolkata, West Bengal, India | |||
| Apsal Finance & Investments India Limited | ₹37.23 Lakh (FY 2017) | 15.0% | Madurai, Tamil Nadu, India | |||
| Garg Tradecon Pvt Ltd | ₹37.02 Lakh (FY 2019) | -51.0% | Kolkata, West Bengal, India | |||
| Avanti Vyapaar Pvt Ltdthis company | ₹36.97 Lakh (FY 2019) | ₹28.52 Lakh | 77.2% | 696.0% | Kolkata, West Bengal, India | |
| Arthvaya India Nidhi Limited | ₹36.44 Lakh (FY 2024) | -47.0% | Gaya, Bihar, India | |||
| Chirag Lease and Finance Limited | ₹35.88 Lakh (FY 2025) | 5.0% | Ahmedabad, Gujarat, India | |||
| Moderate Investment and Commercial Enterprises Limited | ₹35.27 Lakh (FY 2019) | 49.0% | Noida, Uttar Pradesh, India |
To see the full peer comparison of Avanti Vyapaar Pvt Ltd, buy the company report.
Auditor
Avanti Vyapaar Pvt Ltd is audited by V SHARMA & COMPANY for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| V SHARMA & COMPANY | FY 2019 | 327566E |
Shareholding
The shareholding of Avanti Vyapaar Pvt Ltd is on record for 3 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Avanti Vyapaar Pvt Ltd, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 31 Jan 2009 | 10149655 | Oriental Bank of Commerece | ₹40.37 Cr | Satisfied |
To see the full charge records of Avanti Vyapaar Pvt Ltd, buy the company report.
Total charge records: 1 View all charges
Legal cases
Avanti Vyapaar Pvt Ltd has 2 court cases on record: 2 filed by Avanti Vyapaar. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 0 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court | Appeal | Filed by the company against Shubh Labh Investments Ltd | Disposed |
| High Court | Company petition | Filed by the company against Subh Labh Investments Ltd. | Disposed |
To see the full case history of Avanti Vyapaar Pvt Ltd, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Avanti Vyapaar Pvt Ltd; 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 Vyapaar Pvt Ltd; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Avanti Vyapaar Pvt Ltd has 8 board changes on record since 2010: 2 appointments and 6 cessations. The latest: Somesh Mittal ceased to be Additional Director on 28 Sep 2015.
2 earlier events are in the company report.
Frequently asked questions
Avanti Vyapaar 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 Vyapaar was a private limited company based in Kolkata, West Bengal, India. The company worked in nbfc, within the financial services industry. It was incorporated on 01 July 1996 and is registered under CIN U51909WB1996PTC080285. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Avanti Vyapaar was incorporated on 01 July 1996. It is registered with the Registrar of Companies, Kolkata.
Avanti Vyapaar had 2 directors:
- Surabhi Mittal - Director
- Somesh Mittal - Director
The CIN (Corporate Identification Number) of Avanti Vyapaar is U51909WB1996PTC080285. 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 Vyapaar is at 401 Vatsalya Chambers 4A Narendra Dutta Sarani, Kolkata, West Bengal, India – 700001.
The latest financial statements of Avanti Vyapaar on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 25 September 2019. Year-wise statements from 2015 are in the company report.
Avanti Vyapaar operated in the financial services industry, in the nbfc segment.
The peers of Avanti Vyapaar by revenue are Highline India Kuries Private Limited, Pavapuri Trading & Investment Co. Ltd, Apsal Finance & Investments India Limited, Garg Tradecon Pvt Ltd, Arthvaya India Nidhi Limited and 2 more, all in the BFSI industry (NBFC), with the same principal business activity (other financial activities).
Avanti Vyapaar has 2 court cases on record: 2 filed by the company.
Somesh Mittal ceased to be Additional Director on 28 Sep 2015. Surabhi Mittal ceased to be Additional Director on 28 Sep 2015. Anand Kumar Aggarwal ceased to be Additional Director on 30 Apr 2015. Avanti Vyapaar has 8 board changes on record in total.
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