MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2023-24)
- Udyam number
- UDYAM-KL-02-0040364
Avenue Wellness Services Private Limited - travel and hospitality in Ernakulam, Kerala, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹4.38 Cr
▲ 40% YoY
Net profit · FY 2024
₹74.9 Lakh
Net margin 17.1%
EBITDA · FY 2024
₹1.07 Cr
EBITDA margin 24.4%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹12.36 Lakh
Secured borrowings
Company age
33 yrs
Est. 1993
Employees · EPFO
3
Provident fund records
About Avenue Wellness Services Private Limited
Data last updated:
Avenue Wellness Services Private Limited is a private limited company based in Ernakulam, Kerala, India. It operates in the hotel and accommodation services segment of the travel and hospitality sector. It was incorporated on 11 January 1993 and has been in existence for over 33 years.
The company is registered with the Registrar of Companies (ROC), Ernakulam, under CIN U85100KL1993PTC006907. Its GSTIN is 32AABCA9667K2ZD (Kerala). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Avenue Hotels and Resorts Pvt Ltd. It is led by directors including Olassa Thomas Alexander and Thresiamma Alexander.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at The Avenue Center Hotel Door No: 56/2571 C Panampilly Nagar P. O., Ernakulam, Kerala, India – 682036.
As per the financials filed for FY 2024, the company reported a revenue of ₹4.38 Cr, a growth of 40% compared to the previous year. For the same year it recorded a net profit of ₹74.9 Lakh (net margin 17.1%) and EBITDA of ₹1.07 Cr (EBITDA margin 24.4%). Revenue has grown at a compounded annual rate (CAGR) of 107% over three years and 13% over five years.
The company has about 3 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹12.36 Lakh on record. Court records list 5 cases involving the company, including 4 filed by the company and 1 filed against it.
Avenue Wellness Services Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KL-02-0040364). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website rainforest.in.
Company details
CIN U85100KL1993PTC006907
Registration Number 006907
Incorporation Date 11 January 1993
ROC Ernakulam
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-KL-02-0040364
CIN history
Avenue Wellness Services has one previous CIN (Corporate Identification Number): U55101KL1993PTC006907. The current CIN is U85100KL1993PTC006907, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U85100KL1993PTC006907 | Current |
| U55101KL1993PTC006907 | Previous |
Key People
Olassa Thomas Alexander Director Thresiamma Alexander Director Thomas Chandy Olassayil Director Recognitions & Rankings of Avenue Wellness Services
Contact details
Avenue Wellness Services Private Limited's registered office is in Ernakulam, Kerala. Its website is rainforest.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressThe Avenue Center Hotel Door No: 56/2571 C Panampilly Nagar P. O., Ernakulam, Kerala, India – 682036
- IndustryTravel and Hospitality, Hotel & Accommodation Services
To see the full contact details of Avenue Wellness Services Private Limited, buy the company report.
Comprehensive company report
Avenue Wellness Services 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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Business activity
The main business activity of Avenue Wellness Services is hospital and medical care. In detail, this covers residential nursing care activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| Q | Hospital and Medical Care | Q3 | Residential Nursing care activities |
To see the full business activity and turnover split of Avenue Wellness Services Private Limited, buy the company report.
Financials of Avenue Wellness Services Private Limited
FY 2024 filings availableAvenue Wellness Services Private Limited reported revenue of ₹4.38 Cr (up 40% YoY) for FY 2024.
Revenue · FY 2024
₹4.38 Cr ▲ 40%
Net profit · FY 2024
₹74.9 Lakh margin 17.1%
EBITDA · FY 2024
₹1.07 Cr margin 24.4%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 40%
3 years · compounded
▲ 107%
5 years · compounded
▲ 13%
EBITDA CAGR growth
1 year
▲ 229%
3 years · compounded
▲ 324%
5 years · compounded
▲ 60%
Revenue has grown at a compounded annual rate (CAGR) of 13% over five years, including 40% growth in the latest year. EBITDA rose 229% 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
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| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
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| Depreciation and Amortisation | |||||
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| Total Expenses | |||||
| EBITDA | ₹1.07 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹74.9 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
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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 | 24.4% | ||||
| Net Profit Margin | 17.1% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
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| Quick Ratio | |||||
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| Efficiency and Growth | |||||
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| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Avenue Wellness Services Private Limited, buy the company report.
Board of directors of Avenue Wellness Services Private Limited
Avenue Wellness Services has 3 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 |
|---|---|---|---|---|
| Olassa Thomas Alexander Also directs: The Lake Manor LLP, Regent Hospitality (India) Private Limited, Redearth Hotels Private Limited and 1 more | Director | 11 Jan 1993 | 33 Years 9 Months | Current |
| Thresiamma Alexander | Director | 30 Sep 1994 | 32 Years 1 Months | Current |
| Thomas Chandy Olassayil | Director | 25 Sep 2003 | 23 Years 1 Months | Current |
Auditor
Avenue Wellness Services Private Limited is audited by C.M.JOSEPH & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| C.M.JOSEPH & ASSOCIATES | FY 2023 | 006408S |
Shareholding
The shareholding of Avenue Wellness Services Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Avenue Wellness Services Private Limited, buy the company report.
Charges & borrowings
Open charges
₹12.36 Lakh
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 Jun 2024 | 100949911 | Hdfc Bank Limited | ₹5.36 Lakh | Open | |
| 26 Sep 2018 | 100212896 | Hdfc Bank Limited | ₹7 Lakh | Open |
Total charge records: 2 View all charges
Legal cases
Avenue Wellness Services Private Limited has 5 court cases on record: 4 filed by Avenue Wellness Services, 1 filed against it. All cases are disposed.
Total cases
5
Filed by the company
4
Filed against the company
1
Disposed
5
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 1 | 0 |
| High courts | 2 | 0 | 0 |
Cases on record (5 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Thrissur, Kerala | Appeal | Filed by the company against an individual | Disposed |
| District court, Thrissur, Kerala | Civil suit | Filed against the company by individuals | Disposed |
| District court, Thrissur, Kerala | Civil suit | Filed by the company against an individual | Disposed |
| High Court | Writ petition | Filed by the company against individuals | Disposed |
| High Court | Writ petition | Filed by the company against individuals | Disposed |
To see the full case history of Avenue Wellness Services 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 Wellness Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Avenue Wellness Services Private Limited has a workforce of 3 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
Employee count
3
Active EPFO establishments
1
Employee growth
50%
GST
Avenue Wellness Services has 2 GST registrations: 1 active and 1 cancelled or inactive.
Total GSTINs
2
Active
1
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 32AABCA9667K2ZD | Kerala | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Avenue Wellness Services Private Limited, buy the company report.
Recent activity
Avenue Wellness Services Private Limited has 4 board changes on record since 1993: 3 appointments and 1 cessation. The latest: Diwia Thomas ceased to be Director on 24 Mar 2008.
AGM
Avenue Wellness Services Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 5.36 Lakh with Charge ID 100949911 was registered on 27 Jun 2024.
Filing
Avenue Wellness Services Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ernakulam.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 7.00 Lakh with Charge ID 100212896 was registered on 26 Sep 2018.
Ceased
Diwia Thomas ceased to be Director.
Appointed
Thomas Chandy Olassayil was appointed as Director.
Appointed
Thresiamma Alexander was appointed as Director.
Appointed
Olassa Thomas Alexander was appointed as Director.
Incorporation
11 Jan 1993
Avenue Wellness Services Private Limited was registered on 11 Jan 1993 with Roc Ernakulam & aged 33 years 9 months as per MCA records.
Frequently asked questions
Avenue Wellness Services is an active private limited company based in Ernakulam, Kerala, India. The company works in hotel and accommodation services, within the travel and hospitality industry. It was incorporated on 11 January 1993 (33+ years old) and is registered under CIN U85100KL1993PTC006907.
Avenue Wellness Services has 3 current directors:
- Olassa Thomas Alexander - Director
- Thresiamma Alexander - Director
- Thomas Chandy Olassayil - Director
The latest financial statements of Avenue Wellness Services on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Avenue Wellness Services is 32AABCA9667K2ZD, registered in Kerala. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Avenue Wellness Services is U85100KL1993PTC006907. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Avenue Wellness Services has 5 court cases on record: 4 filed by the company and 1 filed against it. Most are in the district courts.
Avenue Wellness Services was incorporated on 11 January 1993, making it 33+ years old. It is registered with the Registrar of Companies, Ernakulam.
Diwia Thomas ceased to be Director on 24 Mar 2008. Thomas Chandy Olassayil was appointed as Director on 25 Sep 2003. Thresiamma Alexander was appointed as Director on 30 Sep 1994. Avenue Wellness Services has 4 board changes on record in total.
Yes, Avenue Wellness Services is registered as a micro enterprise under Udyam registration (number: UDYAM-KL-02-0040364).
Avenue Wellness Services can be reached through the website rainforest.in. Its registered office is in Ernakulam, Kerala, India.
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