MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MH-26-0481985
Avenue Fleets Private Limited
Avenue Fleets Private Limited - transport and logistics in Pune, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹4.9 Cr
▲ 62% YoY
Net profit · FY 2024
₹11.45 Lakh
Net margin 2.3%
EBITDA · FY 2024
₹33.29 Lakh
EBITDA margin 6.8%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹1.37 Cr
Secured borrowings
Company age
11 yrs
Est. 2015
Employees · EPFO
5
Provident fund records
About Avenue Fleets Private Limited
Data last updated:
Avenue Fleets Private Limited is a private limited company based in Pune, Maharashtra, India. It operates in the ride-hailing services segment of the transport and logistics sector. It was incorporated on 04 March 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U63090PN2015PTC154242. Its GSTIN is 27AANCA2822L1ZG (Maharashtra).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Avinash Sudam Memane and Namdeo Balish Nikam.
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 Pune, Maharashtra.
As per the financials filed for FY 2024, the company reported a revenue of ₹4.9 Cr, a growth of 62% compared to the previous year. For the same year it recorded a net profit of ₹11.45 Lakh (net margin 2.3%) and EBITDA of ₹33.29 Lakh (EBITDA margin 6.8%). Revenue has declined at a compounded annual rate (CAGR) of 60% over three years and 18% over five years.
The company has about 5 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹1.37 Cr on record. Court records list 2 cases involving the company, including 2 filed against it; 1 case is pending.
Avenue Fleets Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-26-0481985). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U63090PN2015PTC154242
Registration Number 154242
Incorporation Date 04 March 2015
ROC Pune
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-MH-26-0481985
Recognitions & Rankings of Avenue Fleets
Contact details
Avenue Fleets Private Limited's registered office is in Pune, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressAvenue Plaza First Floor Survey Number 59/1B/1, More Vasti Manjari Bk (N.V.) Haveli, Pune, Maharashtra, India – 412307
- IndustryTransport and Logistics, Ride-Hailing Services
To see the full contact details of Avenue Fleets Private Limited, buy the company report.
Comprehensive company report
Avenue Fleets 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Business activity
The main business activity of Avenue Fleets is administrative and support service activities. In detail, this covers travel agency, tour operator, reservation service and related activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| N | Administrative and support service activities | 79 | Travel agency, tour operator, reservation service and related activities |
To see the full business activity and turnover split of Avenue Fleets Private Limited, buy the company report.
Financials of Avenue Fleets Private Limited
FY 2025 filings availableAvenue Fleets Private Limited reported revenue of ₹4.9 Cr (up 62% YoY) for FY 2024.
Revenue · FY 2024
₹4.9 Cr ▲ 62%
Net profit · FY 2024
₹11.45 Lakh margin 2.3%
EBITDA · FY 2024
₹33.29 Lakh margin 6.8%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 62%
3 years · compounded
▲ 60%
5 years · compounded
▼ 18%
EBITDA CAGR growth
1 year
▲ 354%
3 years · compounded
▲ 6%
5 years · compounded
▼ 27%
Revenue rose 62% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 18%. EBITDA rose 354% 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 | ₹33.29 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹11.45 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 6.8% | ||||
| Net Profit Margin | 2.3% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of Avenue Fleets Private Limited, buy the company report.
Board of directors of Avenue Fleets Private Limited
Avenue Fleets has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Avinash Sudam Memane | Director | 04 Mar 2015 | 11 Years 7 Months | Current |
| Namdeo Balish Nikam | Director | 04 Mar 2015 | 11 Years 7 Months | Current |
Auditor
Avenue Fleets Private Limited is audited by YOGESH BHAGAT & COMPANY for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| YOGESH BHAGAT & COMPANY | FY 2021 | 133270W |
Shareholding
The shareholding of Avenue Fleets Private Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Avenue Fleets Private Limited, buy the company report.
Charges & borrowings
Open charges
₹1.37 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 03 Jul 2024 | 100975139 | Hdfc Bank Limited | ₹10.99 Lakh | Open | |
| 03 Jul 2024 | 100975146 | Hdfc Bank Limited | ₹10.99 Lakh | Open | |
| 27 Dec 2023 | 100890188 | Hdfc Bank Limited | ₹7.62 Lakh | Open | |
| 13 Dec 2023 | 100872049 | Hdfc Bank Limited | ₹7.62 Lakh | Open | |
| 12 Oct 2023 | 100854659 | Hdfc Bank Limited | ₹7.62 Lakh | Open |
Total charge records: 9 View all charges
Legal cases
Avenue Fleets Private Limited has 2 court cases on record: 2 filed against it. 1 case is pending and 1 is disposed.
Total cases
2
Filed against the company
2
Pending
1
Disposed
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 2 | 1 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Pune, Maharashtra | Civil suit | Filed against the company by an individual | Pending |
| District court, Pune, Maharashtra | Criminal miscellaneous application | Filed against the company by Piramal Capital and Housing Finance Limited | Disposed |
To see the full case history of Avenue Fleets 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 Avenue Fleets Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Avenue Fleets Private Limited has a workforce of 5 employees on its EPFO records as of Apr 10, 2024, across 1 active EPFO establishment.
Employee count
5
Active EPFO establishments
1
GST
Avenue Fleets has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AANCA2822L1ZG | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Avenue Fleets Private Limited, buy the company report.
Recent activity
Avenue Fleets Private Limited has 3 board changes on record since 2015: 2 appointments and 1 cessation. The latest: Sandeep Hiraman Badale ceased to be Additional Director on 01 Mar 2018.
AGM
Avenue Fleets Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Avenue Fleets Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Pune.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 10.99 Lakh with Charge ID 100975139 was registered on 03 Jul 2024.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 10.99 Lakh with Charge ID 100975146 was registered on 03 Jul 2024.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 7.62 Lakh with Charge ID 100890188 was registered on 27 Dec 2023.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 7.62 Lakh with Charge ID 100872049 was registered on 13 Dec 2023.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 7.62 Lakh with Charge ID 100854659 was registered on 12 Oct 2023.
Charges
A charge with Others amounted to Rs. 26.75 Lakh with Charge ID 100201809 was registered on 31 Aug 2018.
Charges
A charge with Others amounted to Rs. 29.90 Lakh with Charge ID 100201811 was registered on 31 Aug 2018.
Charges
A charge with Others amounted to Rs. 30.00 Lakh with Charge ID 100201812 was registered on 31 Aug 2018.
Ceased
Sandeep Hiraman Badale ceased to be Additional Director.
Charges
A charge with Bank Of India Miranagar (Koregaon) Branch amounted to Rs. 5.00 Lakh with Charge ID 10578870 was registered on 06 Jul 2015.
3 earlier events are in the company report.
Frequently asked questions
Avenue Fleets is an active private limited company based in Pune, Maharashtra, India. The company works in ride-hailing services, within the transport and logistics industry. It was incorporated on 04 March 2015 (11+ years old) and is registered under CIN U63090PN2015PTC154242.
Avenue Fleets has 2 current directors:
- Avinash Sudam Memane - Director
- Namdeo Balish Nikam - Director
The latest financial statements of Avenue Fleets 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 GSTIN of Avenue Fleets is 27AANCA2822L1ZG, registered in Maharashtra.
The CIN (Corporate Identification Number) of Avenue Fleets is U63090PN2015PTC154242. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Avenue Fleets has 2 court cases on record: 2 filed against it. 1 is pending.
Avenue Fleets was incorporated on 04 March 2015, making it 11+ years old. It is registered with the Registrar of Companies, Pune.
Sandeep Hiraman Badale ceased to be Additional Director on 01 Mar 2018. Avinash Sudam Memane was appointed as Director on 04 Mar 2015. Namdeo Balish Nikam was appointed as Director on 04 Mar 2015.
Yes, Avenue Fleets is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-26-0481985).
The registered office of Avenue Fleets is at Avenue Plaza First Floor Survey Number 591B1, More Vasti Manjari Bk N.V. Haveli, Pune, Maharashtra, India – 412307.