About Avenue Minerals & Energy Private Limited
Data last updated:
Avenue Minerals & Energy Private Limited was a private limited company based in Mumbai, Maharashtra, India. The company has been converted to a Limited Liability Partnership (LLP) and no longer exists as a company. For the latest details, refer to the successor LLP. It operated in the other metals and minerals segment of the metals and mining sector. It was incorporated on 29 July 2010.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U14200MH2010PTC206087. Its GSTIN is 27AAICA7188C1ZJ (Maharashtra).
The company had an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh.
Its last annual general meeting (AGM) was held on 30 September 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office was at Mumbai, Maharashtra.
As per the financials filed for FY 2021, the company reported a revenue of ₹3.28 Cr, a growth of 93% compared to the previous year. For the same year it recorded a net profit of ₹17.34 Lakh (net margin 5.3%) and EBITDA of ₹23.95 Lakh (EBITDA margin 7.3%). Revenue has grown at a compounded annual rate (CAGR) of 298% over three years and 108% over five years.
As per MCA filings, the company has satisfied charges of ₹40 Lakh on record.
The last known website on record is avenueindia.com.
Company details
Contact details
Avenue Minerals & Energy Private Limited's registered office is in Mumbai, Maharashtra. Its website is avenueindia.com. Its e-mail address is in the company report.
- Email
- Website
- Social Media
- Registered AddressShakti Print Compound Bajsons Industrial Estate Cardinal Gracious Road Chakala Andheri, (East), Mumbai, Maharashtra, India – 400099
- IndustryMetals and Minerals, Other Metals & Minerals
To see the full contact details of Avenue Minerals & Energy 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
Business activity
The main business activity of Avenue Minerals & Energy is mining and quarrying. In detail, this covers other mining & quarrying activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| B | Mining and quarrying | B4 | Other Mining & Quarrying Activities |
To see the full business activity and turnover split of Avenue Minerals & Energy Private Limited, buy the company report.
Financials of Avenue Minerals & Energy Private Limited
FY 2021 filings availableAvenue Minerals & Energy Private Limited reported revenue of ₹3.28 Cr (up 93% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 108% over five years, including 93% growth in the latest year. EBITDA rose 96% 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 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹3.28 Cr | ||||
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| EBITDA | ₹23.95 Lakh | ||||
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| Tax Expense | |||||
| Net Profit (PAT) | ₹17.34 Lakh | ||||
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Financial Ratios
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
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| Profitability | |||||
| EBITDA Margin | 7.3% | ||||
| Net Profit Margin | 5.3% | ||||
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To see the full financial statements and ratios of Avenue Minerals & Energy Private Limited, buy the company report.
Board of directors of Avenue Minerals & Energy Private Limited
Avenue Minerals & Energy has 3 former directors on record and no current directors listed.
Auditor
Avenue Minerals & Energy Private Limited is audited by RAKESH SONI & CO for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RAKESH SONI & CO | FY 2021 | 114625W |
Shareholding
The shareholding of Avenue Minerals & Energy 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 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Avenue Minerals & Energy Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 01 Jun 2018 | 100214121 | Indian Overseas Bank | ₹40 Lakh | Satisfied |
To see the full charge records of Avenue Minerals & Energy Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Avenue Minerals & Energy Private 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 Avenue Minerals & Energy Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Avenue Minerals & Energy has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAICA7188C1ZJ | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Avenue Minerals & Energy Private Limited, buy the company report.
Recent activity
Avenue Minerals & Energy Private Limited has 3 board changes on record since 2022: 0 appointments and 3 cessations. The latest: Ashwin Kailashchand Maheshwari ceased to be Director on 20 Feb 2022.
Frequently asked questions
Avenue Minerals & Energy has been "Converted to LLP" - the business changed its legal structure from a company to a Limited Liability Partnership. The original company no longer exists in its previous form. For the latest information, refer to the successor LLP entity registered with MCA.
Avenue Minerals & Energy was a private limited company based in Mumbai, Maharashtra, India. The company worked in other metals and minerals, within the metals and minerals industry. It was incorporated on 29 July 2010 and is registered under CIN U14200MH2010PTC206087. For the latest details, refer to the successor LLP entity.
The CIN (Corporate Identification Number) of Avenue Minerals & Energy is U14200MH2010PTC206087. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Avenue Minerals & Energy was incorporated on 29 July 2010. It is registered with the Registrar of Companies, Mumbai.
Avenue Minerals & Energy can be reached through the website avenueindia.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Avenue Minerals & Energy is at Shakti Print Compound Bajsons Industrial Estate Cardinal Gracious Road Chakala Andheri, East, Mumbai, Maharashtra, India – 400099.
The latest financial statements of Avenue Minerals & Energy on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 30 September 2021. Year-wise statements from 2015 are in the company report.
The GSTIN of Avenue Minerals & Energy is 27AAICA7188C1ZJ, registered in Maharashtra.
Avenue Minerals & Energy operated in the metals and minerals industry, in the other metals and minerals segment.
Ashwin Kailashchand Maheshwari ceased to be Director on 20 Feb 2022. Omprakash Kailashchand Maheshwari ceased to be Director on 20 Feb 2022. Sunita Ashok Maheshwari ceased to be Additional Director on 18 Jan 2022.
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