
Avas Promotion Limited
About Avas Promotion Limited
Data last updated:
Avas Promotion Limited is a public limited company based in Asansol, West Bengal, India. It operates in the specialised services segment of the trading and commerce sector. It was incorporated on 05 July 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U51909WB2007PLC116952.
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹45 Lakh. It is led by directors including Nitin Kuliar and Damodar Sharma.
Its last annual general meeting (AGM) was held on 30 September 2010, and its latest financial statements are for the year ended 31 March 2010. The registered office is at Asansol, West Bengal.
As per MCA filings, the company has open charges of ₹20 Lakh on record.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
Contact details
Avas Promotion Limited's registered office is in Asansol, West Bengal.
- Registered AddressShree Ganpati Tower 1st Floor Room No – 2 Rabindranagar Bur, Npur Road, Asansol, West Bengal, India – 713304
- IndustryTrading, Specialty, 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
Financials of Avas Promotion Limited
FY 2010 filings availableFinancial Statement Summary
| Metrics | FY 2009-10 |
|---|---|
| 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
| Metrics | FY 2009-10 |
|---|---|
| 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 | |
To see the full financial statements and ratios of Avas Promotion Limited, buy the company report.
Board of directors of Avas Promotion Limited
Avas Promotion has 4 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nitin Kuliar | Director | 19 Jul 2008 | 18 Years 3 Months | Current |
| Damodar Sharma | Director | 18 Feb 2009 | 17 Years 8 Months | Current |
| Sarika Sharma | Director | 18 Feb 2009 | 17 Years 8 Months | Current |
| Krishna Kant Sharma | Director | 19 Jul 2008 | 18 Years 3 Months | Current |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 09 Nov 2008 | 10130623 | Thefederal Bank Limited | ₹20 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Avas Promotion 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 Avas Promotion 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 Avas Promotion Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Avas Promotion Limited has 10 board changes on record since 2008: 4 appointments and 6 cessations. The latest: Mohammad Shahnawaz Anwar ceased to be Director on 27 Feb 2013.
2 earlier events are in the company report.
Frequently asked questions
Avas Promotion is an active public limited company based in Asansol, West Bengal, India. The company works in specialty, within the trading industry. It was incorporated on 05 July 2007 (19+ years old) and is registered under CIN U51909WB2007PLC116952.
Avas Promotion has 4 current directors:
- Nitin Kuliar - Director
- Damodar Sharma - Director
- Sarika Sharma - Director
- Krishna Kant Sharma - Director
The latest financial statements of Avas Promotion on record with the MCA are for the year ended 31 March 2010. Its last annual general meeting was held on 30 September 2010. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Avas Promotion is U51909WB2007PLC116952. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Avas Promotion was incorporated on 05 July 2007, making it 19+ years old. It is registered with the Registrar of Companies, Kolkata.
Mohammad Shahnawaz Anwar ceased to be Director on 27 Feb 2013. Damodar Sharma was appointed as Director on 18 Feb 2009. Sarika Sharma was appointed as Director on 18 Feb 2009. Avas Promotion has 10 board changes on record in total.
The registered office of Avas Promotion is at Shree Ganpati Tower 1st Floor Room No – 2 Rabindranagar Bur, Npur Road, Asansol, West Bengal, India – 713304.
Avas Promotion operates in the trading industry, in the specialty segment.
Avas Promotion has open charges of ₹20 Lakh and no satisfied charges on record as per latest MCA filings.
The compliance status of Avas Promotion is active non-compliant as of 22 September 2026. The company is actively filing with the Registrar of Companies.

