About Avendus Capital Private Limited
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Avendus Capital Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Redpoint Investments Pte. Ltd. It operates in the investment banking and advisory segment of the financial services sector. It was incorporated on 29 December 1999 and has been in existence for over 27 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U99999MH1999PTC123358. Its GSTIN is 27AABCC2404Q2ZL (Maharashtra). The company holds 7 GST registrations, of which 4 are active.
The company has an authorised share capital of ₹5.2 Cr and a paid-up capital of ₹3.45 Cr. It was formerly known as Avendus Advisors Private Limited and Coolstartups Online Private Limited. It is led by directors including Kaushal Kumar Aggarwal and Gaurav Deepak.
Its last annual general meeting (AGM) was held on 11 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹1,550.66 Cr, a growth of 53% compared to the previous year. For the same year it recorded a net profit of ₹226.43 Cr (net margin 14.6%) and EBITDA of ₹434.63 Cr (EBITDA margin 28%). Revenue has grown at a compounded annual rate (CAGR) of 4% over three years and 22% over five years.
The company has about 228 employees on its provident fund (EPFO) records. Its group structure includes 6 subsidiaries.
The company is associated with 1 brand: Avendus. As per MCA filings, the company has open charges of ₹115 Cr and satisfied charges of ₹204.89 Cr on record. Court records list 11 cases involving the company, including 4 filed by the company and 9 filed against it. The company has 20 deals on record (11 secondary share transfers, 8 funding rounds, 1 convertible or debt financing), with disclosed funding of ₹957 Cr; the latest was in November 2024. The company has 2 MSME Form 1 returns on record for the period ending Mar 2023, listing 2 overdue payments to 1 micro and small supplier.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website avendus.com.
Company details
Name history
Avendus Capital has undergone 2 name changes throughout its history. The company was previously known as Avendus Advisors Private Limited, and Coolstartups Online Private Limited. The current legal name is Avendus Capital Private Limited.
| Company Name | Status |
|---|---|
| Avendus Capital Private Limited | Current |
| Avendus Advisors Private Limited | Previous |
| Coolstartups Online Private Limited | Previous |
Contact details
Avendus Capital Private Limited's registered office is in Mumbai, Maharashtra. Its website is avendus.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address901 Platina 9th Floor, Plot No. C – 59 Bandra Kurla Complex, Mumbai, Maharashtra, India – 400051
- IndustryFinancial Services, Investment Banking & Advisory
To see the full contact details of Avendus Capital 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
Brands
Avendus Capital operates one associated brand: Avendus. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Corporate advisory and investment services are provided to clients. | avendus.com |
Business activity
The main business activity of Avendus Capital 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 Avendus Capital Private Limited, buy the company report.
Financials of Avendus Capital Private Limited
FY 2025 filings availableAvendus Capital Private Limited reported revenue of ₹1,550.66 Cr (up 53% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 22% over five years, including 53% growth in the latest year. EBITDA rose 42% 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 | FY 2020-21 |
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| EBITDA | ₹434.63 Cr | ||||
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| Net Profit (PAT) | ₹226.43 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 28% | ||||
| Net Profit Margin | 14.6% | ||||
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To see the full financial statements and ratios of Avendus Capital Private Limited, buy the company report.
Board of directors of Avendus Capital Private Limited
Avendus Capital has 7 current directors and 25 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Akshay Tanna Also directs: Healthcare Global Enterprises Limited, Dodla Dairy Limited, Healthium Medtech Limited and 5 more | Nominee Director | 30 Sep 2023 | 3 Years 1 Months | Current |
| Simrun Mehta Also directs: Healthcare Global Enterprises Limited, Vini Cosmetics Private Limited, Baby Memorial Hospital Limited and 5 more | Nominee Director | 24 Mar 2021 | 5 Years 7 Months | Current |
| Suveer Kumar Sinha | Nominee Director | 24 Apr 2024 | 2 Years 6 Months | Current |
| Gopal Jain Also directs: Bakers Circle (India) Pvt Ltd, Shivani Mercantile Private Limited, Gaja Alternative Asset Management Limited and 4 more | Nominee Director | 03 Nov 2017 | 9 Years 0 Months | Current |
| Kaushal Kumar Aggarwal | Director | 29 Dec 1999 | 26 Years 10 Months | Current |
| Gaurav Deepak | Director | 29 Dec 1999 | 26 Years 10 Months | Current |
Auditor
Avendus Capital Private Limited is audited by DELOITTE HASKINS & SELLS LLP for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| DELOITTE HASKINS & SELLS LLP | FY 2018 | 117366W/W-100018 |
Shareholding
The shareholding of Avendus Capital Private Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Avendus Capital Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 19 Feb 2024 | 100875738 | Others | ₹115 Cr | Open | |
| 23 Aug 2023 | 100781209 | Others | ₹85 Cr | Satisfied | |
| 15 May 2023 | 100716073 | Others | ₹18.28 Cr | Satisfied | |
| 20 Sep 2022 | 100617028 | Others | ₹5 Lakh | Satisfied | |
| 23 Nov 2017 | 100140776 | Others | ₹81.56 Cr | Satisfied |
To see the full charge records of Avendus Capital Private Limited, buy the company report.
Total charge records: 6 View all charges
Deals & funding
Avendus Capital Private Limited has 20 deals on record (11 secondary share transfers, 8 funding rounds, 1 convertible or debt financing), with disclosed funding of ₹957 Cr; the latest was in November 2024.
Deals on record (5 of 20)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Nov 2024 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: an individual |
| Nov 2021 | Secondary share transfer | Undisclosed | Buyer: Avendus Employee Welfare Trust, an individual Seller: Avendus Employee Welfare Trust, 3 individuals |
| Feb 2016 | Secondary share transfer | Undisclosed | Buyer: KKR India Private Equity Seller: Americorp Ventures, 3 individuals |
| Feb 2010 | Secondary share transfer | Undisclosed | Seller: Americorp Ventures, Atma Investments & Research Private Limited, 2 individuals |
| Mar 2008 | Funding round | ₹9.1 Lakh | Investors: Fender Consultants Private Limited |
To see the full deal history of Avendus Capital Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Avendus Capital Private Limited has 11 court cases on record: 4 filed by Avendus Capital, 9 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 9 | 7 | 0 |
| District courts | 2 | 2 | 0 |
Cases on record (5 of 11)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Civil suit | Filed against the company by M S Metropolitan Overseas Ltd | Disposed |
| District court, TUMAKURU, Karnataka | Civil suit | Filed against the company by M-S. Metropolitan Overseas Limited | Disposed |
| Bombay High Court | Company petition | Filed against the company by Avendus Advisors Pvt.Ltd. | Disposed |
| Bombay High Court | Appeal | Filed against the company by Avendus Advisors Pvt.Ltd. | Disposed |
| Bombay High Court | Company petition | Filed by the company against Avendus Advisors Pvt.Ltd. | Disposed |
To see the full case history of Avendus Capital 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.
Credit ratings & regulatory alerts
Avendus Capital Private Limited was last rated by Crisil on 30 Nov 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 30 Nov 2021 |
To see the full credit ratings and regulatory alerts of Avendus Capital Private Limited, buy the company report.
MSME payment delays
Avendus Capital Private Limited has 2 MSME Form 1 returns on record for the period ending Mar 2023, listing 2 overdue payments to 1 micro and small supplier. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (1 of 1)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| NM Diagnostics Private Limited |
To see the full MSME payment records of Avendus Capital Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Avendus Capital has 6 subsidiary companies and 1 associated company. This group structure data is as of FY 2024. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Avendus Finance Private Limited | U65921MH1996PTC251407 | |
| Avendus Pe Investment Advisors Private Limited | U65990MH2009PTC191437 | |
| Spark Institutional Equities Private Limited | U65999TN2022PTC149473 | |
| Avendus Wealth Management Private Limited | U67120MH2008PTC179931 | |
| Avendus Capital Alternate Strategies Private Limited | U67190MH2015PTC268280 | |
| Avendus Investment Managers Private Limited | U74900MH2015PTC269770 |
To see the full group structure of Avendus Capital Private Limited, buy the company report.
Employees & EPFO
Avendus Capital Private Limited has a workforce of 228 employees on its EPFO records as of Dec 17, 2025, across 1 active EPFO establishment.
GST
Avendus Capital has 7 GST registrations: 4 active and 3 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCC2404Q2ZL | Maharashtra | Active | 01 Jul 2017 |
| 27AABCC2404Q3ZK | Maharashtra | Active | 27 Feb 2025 |
| 29AABCC2404Q1ZI | Karnataka | Active | 01 Jul 2017 |
| 33AABCC2404Q1ZT | Tamil Nadu | Active | 22 Jan 2025 |
To see the full GST registrations and return filing status of Avendus Capital Private Limited, buy the company report.
Recent activity
Avendus Capital Private Limited has 30 board changes on record since 1999: 9 appointments and 21 cessations. The latest: Sameer Varudev Kamath ceased to be CFO on 31 Jul 2025.
32 earlier events are in the company report.
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Frequently asked questions
Avendus Capital is an active private limited company based in Mumbai, Maharashtra, India. The company works in investment banking and advisory, within the financial services industry. It was incorporated on 29 December 1999 (27+ years old) and is registered under CIN U99999MH1999PTC123358.
Avendus Capital has 7 current directors:
- Akshay Tanna - Nominee Director
- Simrun Mehta - Nominee Director
- Suveer Kumar Sinha - Nominee Director
- Gopal Jain - Nominee Director
- Kaushal Kumar Aggarwal - Director
- Gaurav Deepak - Director
- Ranu Vohra - Director
The latest financial statements of Avendus Capital on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 11 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Avendus Capital is 27AABCC2404Q2ZL, registered in Maharashtra. The company has 7 GST registrations in all, of which 4 are active and 3 are cancelled or inactive. Other active GSTINs include 27AABCC2404Q3ZK (Maharashtra), 29AABCC2404Q1ZI (Karnataka), 33AABCC2404Q1ZT (Tamil Nadu).
The CIN (Corporate Identification Number) of Avendus Capital is U99999MH1999PTC123358. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Avendus Capital has 11 court cases on record: 4 filed by the company and 9 filed against it. Most are in the high courts.
Avendus Capital was incorporated on 29 December 1999, making it 27+ years old. It is registered with the Registrar of Companies, Mumbai.
Avendus Capital has 20 deals on record (11 secondary share transfers, 8 funding rounds, 1 convertible or debt financing), with disclosed funding of ₹957 Cr; the latest was in November 2024.
Sameer Varudev Kamath ceased to be CFO on 31 Jul 2025. Akshay Tanna ceased to be Additional Director on 17 Sep 2024. Suveer Kumar Sinha ceased to be Additional Director on 17 Sep 2024. Avendus Capital has 30 board changes on record in total.
Avendus Capital has 2 MSME Form 1 returns on record for the period ending Mar 2023, listing 2 overdue payments to 1 micro and small supplier. The latest return was filed on 30 Aug 2023.
Avendus Capital can be reached through the website avendus.com. Its registered office is in Mumbai, Maharashtra, India.
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