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Aveesha Precession Engineering India Private Limited - engineering in Bhubaneswar, Odisha, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹7.35 Cr
▼ 62% YoY
Net profit · FY 2025
₹29.35 Lakh
Net margin 4%
EBITDA · FY 2025
₹84.98 Lakh
EBITDA margin 11.6%
Authorised capital
₹1 Cr
Registered with MCA
Paid-up capital
₹50 Lakh
Issued & subscribed
Open charges
₹5.6 Cr
Secured borrowings
Company age
5 yrs
Est. 2021
Employees · EPFO
91
Provident fund records
About Aveesha Precession Engineering India Private Limited
Data last updated:
Aveesha Precession Engineering India Private Limited is a private limited company based in Bhubaneswar, Odisha, India, recognised as a startup by DPIIT. It operates in the metal foundry and fabrication services segment of the engineering sector. It was incorporated on 15 September 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Cuttack, under CIN U63990OR2021PTC037572. Its GSTIN is 21AAVCA7910R1Z1 (Odisha). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹50 Lakh. It is led by directors including Diptimayee Panda (Managing Director) and Susama Acharya.
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 Flat No – 201 Bhavana Residency Hanspal, Bhubaneswar, Odisha, India – 752101.
As per the financials filed for FY 2025, the company reported a revenue of ₹7.35 Cr, a decline of 62% compared to the previous year. For the same year it recorded a net profit of ₹29.35 Lakh (net margin 4%) and EBITDA of ₹84.98 Lakh (EBITDA margin 11.6%). Revenue has grown at a compounded annual rate (CAGR) of 123% over three years.
The company has about 91 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Aveesha Group. As per MCA filings, the company has open charges of ₹5.6 Cr on record. Court records list 1 case involving the company, including 1 filed against it; 1 case is pending.
Aveesha Precession Engineering India Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-OD-13-0004418). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website aveeshagroup.com.
Company details
CIN U63990OR2021PTC037572
Registration Number 037572
Incorporation Date 15 September 2021
ROC Cuttack
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
DPIIT Recognition Recognised Startup
MSME Classification Small
Udyam Registration UDYAM-OD-13-0004418
CIN history
Aveesha Precession Engineering India has one previous CIN (Corporate Identification Number): U28999OR2021PTC037572. The current CIN is U63990OR2021PTC037572, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U63990OR2021PTC037572 | Current |
| U28999OR2021PTC037572 | Previous |
Key People
Diptimayee Panda Managing Director Susama Acharya Director Dusmanta Parija Additional Director Recognitions & Rankings of Aveesha Precession Engineering India
MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-OD-13-0004418
Contact details
Aveesha Precession Engineering India Private Limited's registered office is in Bhubaneswar, Odisha.
- Registered AddressFlat No – 201 Bhavana Residency Hanspal, Bhubaneswar, Odisha, India – 752101
- IndustryEngineering, Metal Foundry & Fabrication Services, Engineering Design & Consultancy
Comprehensive company report
Aveesha Precession Engineering India Private Limited - one report that includes everything
- 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
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Brands
Aveesha Precession Engineering India operates one associated brand: Aveesha Group. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Engineering, fabrication, and erection services in construction and related industries. | aveeshagroup.com |
Business activity
The main business activity of Aveesha Precession Engineering India is construction. In detail, this covers demolition & site preparation, electrical, plumbing & other specialized construction activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| F | Construction | F3 | Demolition & site preparation, Electrical, plumbing & other Specialized construction Activities |
To see the full business activity and turnover split of Aveesha Precession Engineering India Private Limited, buy the company report.
Financials of Aveesha Precession Engineering India Private Limited
FY 2025 filings availableAveesha Precession Engineering India Private Limited reported revenue of ₹7.35 Cr (down 62% YoY) for FY 2025.
Revenue · FY 2025
₹7.35 Cr ▼ 62%
Net profit · FY 2025
₹29.35 Lakh margin 4%
EBITDA · FY 2025
₹84.98 Lakh margin 11.6%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 62%
3 years · compounded
▲ 123%
EBITDA CAGR growth
1 year
▼ 72%
3 years · compounded
▲ 91%
Revenue fell 62% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 123%. EBITDA fell 72% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|
| 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 | ₹84.98 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | ₹29.35 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 11.6% | |||
| Net Profit Margin | 4% | |||
| 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 Aveesha Precession Engineering India Private Limited, buy the company report.
Board of directors of Aveesha Precession Engineering India Private Limited
Aveesha Precession Engineering India has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Diptimayee Panda Also directs: Ziqora Energies India Private Limited | Managing Director | 23 Nov 2023 | 2 Years 11 Months | Current |
| Susama Acharya | Director | 23 Nov 2023 | 2 Years 11 Months | Current |
| Dusmanta Parija Also directs: Strovex Steel India Private Limited | Additional Director | 17 Nov 2025 | 0 Years 11 Months | Current |
Charges & borrowings
Open charges
₹5.6 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 15 Oct 2024 | 101011482 | State Bank of India | ₹5 Cr | Open | |
| 22 Aug 2024 | 100976189 | Others | ₹20.11 Lakh | Open | |
| 20 May 2024 | 100955058 | Others | ₹12.48 Lakh | Open | |
| 09 Apr 2024 | 100911912 | Others | ₹17.47 Lakh | Open | |
| 02 Feb 2024 | 100872538 | Bank of India | ₹10 Lakh | Open |
Total charge records: 5 View all charges
Legal cases
Aveesha Precession Engineering India Private Limited has 1 court case on record: 1 filed against it. All case is pending.
Total cases
1
Filed against the company
1
Pending
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 1 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Khurda, Odisha | Court case (I . c. c) | Filed against the company by M/S Shakti Pack Private Limited Represented Prashant Patro | Pending |
To see the full case history of Aveesha Precession Engineering India Private Limited, 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 Aveesha Precession Engineering India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Aveesha Precession Engineering India has 2 GST registrations: 2 active.
Total GSTINs
2
Active
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 21AAVCA7910R1Z1 | Odisha | Active | 04 Oct 2021 |
| 27AAVCA7910R1ZP | Maharashtra | Active | 12 Apr 2024 |
To see the full GST registrations and return filing status of Aveesha Precession Engineering India Private Limited, buy the company report.
Recent activity
Aveesha Precession Engineering India Private Limited has 5 board changes on record since 2023: 3 appointments and 2 cessations. The latest: Dusmanta Parija was appointed as Additional Director on 17 Nov 2025.
Appointed
Dusmanta Parija was appointed as Additional Director.
AGM
Aveesha Precession Engineering India Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Aveesha Precession Engineering India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Cuttack.
Charges
A charge with State Bank Of India amounted to Rs. 5.00 Cr with Charge ID 101011482 was registered on 15 Oct 2024.
Charges
A charge with Others amounted to Rs. 0.20 Cr with Charge ID 100976189 was registered on 22 Aug 2024.
Charges
A charge with Others amounted to Rs. 0.12 Cr with Charge ID 100955058 was registered on 20 May 2024.
Charges
A charge with Others amounted to Rs. 0.17 Cr with Charge ID 100911912 was registered on 09 Apr 2024.
Charges
A charge with Bank Of India amounted to Rs. 0.10 Cr with Charge ID 100872538 was registered on 02 Feb 2024.
Ceased
Aditya Kumar Acharya ceased to be Director.
Ceased
Subhakant Pramodkumar Panda ceased to be Director.
Appointed
Diptimayee Panda was appointed as Managing Director.
Appointed
Susama Acharya was appointed as Director.
1 earlier event is in the company report.
Frequently asked questions
Aveesha Precession Engineering India is an active private limited company based in Bhubaneswar, Odisha, India. The company works in metal foundry and fabrication services, within the engineering industry. It was incorporated on 15 September 2021 (5+ years old) and is registered under CIN U63990OR2021PTC037572.
Aveesha Precession Engineering India has 3 current directors:
- Diptimayee Panda - Managing Director
- Susama Acharya - Director
- Dusmanta Parija - Additional Director
The latest financial statements of Aveesha Precession Engineering India 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 FY 2022 are in the company report.
The GSTIN of Aveesha Precession Engineering India is 21AAVCA7910R1Z1, registered in Odisha. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 27AAVCA7910R1ZP (Maharashtra).
The CIN (Corporate Identification Number) of Aveesha Precession Engineering India is U63990OR2021PTC037572. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Aveesha Precession Engineering India has 1 court case on record: 1 filed against it. 1 is pending.
Aveesha Precession Engineering India was incorporated on 15 September 2021, making it 5+ years old. It is registered with the Registrar of Companies, Cuttack.
Dusmanta Parija was appointed as Additional Director on 17 Nov 2025. Aditya Kumar Acharya ceased to be Director on 28 Nov 2023. Subhakant Pramodkumar Panda ceased to be Director on 28 Nov 2023. Aveesha Precession Engineering India has 5 board changes on record in total.
Yes, Aveesha Precession Engineering India is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Aveesha Precession Engineering India is registered as a small enterprise under Udyam registration (number: UDYAM-OD-13-0004418).
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