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Averox Infrastructure India Private Limited - infrastructure and utilities in Ahmedabad, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2023
₹1.39 Cr
▼ 17% YoY
Net loss · FY 2023
₹85,997
Net margin -0.6%
EBITDA · FY 2023
₹49.13 Lakh
EBITDA margin 35.4%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹1.11 Cr
Satisfied ₹54 Lakh
Company age
8 yrs
Est. 2018
Employees · EPFO
16
Provident fund records
About Averox Infrastructure India Private Limited
Data last updated:
Averox Infrastructure India Private Limited is a private limited company based in Ahmedabad, Gujarat, India, recognised as a startup by DPIIT. It operates in the road and bridge construction segment of the infrastructure and utilities sector. It was incorporated on 05 July 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U45201GJ2018PTC103144. Its GSTIN is 24AARCA0922H1ZU (Gujarat). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Nilesh Hemantkumar Luhar and Vishwarajsinh Pradyumansinh Chudasama.
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 402 Harmony Icon Nr Bagban Party Plot Zydus Hospital Road Thaltej, Ahmedabad, Gujarat, India – 380059.
As per the financials filed for FY 2023, the company reported a revenue of ₹1.39 Cr, a decline of 17% compared to the previous year. For the same year it recorded a net loss of ₹85,997 (net margin -0.6%) and EBITDA of ₹49.13 Lakh (EBITDA margin 35.4%). Revenue has declined at a compounded annual rate (CAGR) of 14% over three years.
The company has about 16 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹1.11 Cr and satisfied charges of ₹54 Lakh on record. Court records list 3 cases involving the company, including 3 filed against it.
Averox Infrastructure India Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0061046). For more details, the company can be reached via its website averox.in.
Company details
CIN U45201GJ2018PTC103144
Registration Number 103144
Incorporation Date 05 July 2018
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
DPIIT Recognition Recognised Startup
MSME Classification Micro
Udyam Registration UDYAM-GJ-01-0061046
Recognitions & Rankings of Averox Infrastructure India
MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-GJ-01-0061046
Contact details
Averox Infrastructure India Private Limited's registered office is in Ahmedabad, Gujarat. Its website is averox.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address402 Harmony Icon Nr Bagban Party Plot Zydus Hospital Road Thaltej, Ahmedabad, Gujarat, India – 380059
- IndustryInfrastructure and Utilities, Road & Bridge Construction
To see the full contact details of Averox Infrastructure India Private Limited, buy the company report.
Comprehensive company report
Averox Infrastructure 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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Business activity
The main business activity of Averox Infrastructure India is construction. In detail, this covers roads, railways, utility projects.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| F | Construction | F2 | Roads, railways, Utility projects |
To see the full business activity and turnover split of Averox Infrastructure India Private Limited, buy the company report.
Financials of Averox Infrastructure India Private Limited
FY 2025 filings availableAverox Infrastructure India Private Limited reported revenue of ₹1.39 Cr (down 17% YoY) for FY 2023.
Revenue · FY 2023
₹1.39 Cr ▼ 17%
Net loss · FY 2023
₹85,997 margin -0.6%
EBITDA · FY 2023
₹49.13 Lakh margin 35.4%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 17%
3 years · compounded
▼ 14%
EBITDA CAGR growth
1 year
▼ 8%
3 years · compounded
▲ 40%
Revenue has declined at a compounded annual rate (CAGR) of 14% over three years, including a 17% fall in the latest year. EBITDA fell 8% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| Total Expenses | |||||
| EBITDA | ₹49.13 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹85,997 | ||||
| Balance Sheet | |||||
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| Reserves and Surplus | |||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 35.4% | ||||
| Net Profit Margin | -0.6% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
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| Efficiency and Growth | |||||
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| Payable Days | |||||
| Inventory Days | |||||
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| Net Profit Growth | |||||
To see the full financial statements and ratios of Averox Infrastructure India Private Limited, buy the company report.
Board of directors of Averox Infrastructure India Private Limited
Averox Infrastructure India has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nilesh Hemantkumar Luhar | Director | 23 Aug 2024 | 2 Years 2 Months | Current |
| Vishwarajsinh Pradyumansinh Chudasama Also directs: Aquint Global Techskill India Private Limited | Director | 23 Aug 2024 | 2 Years 2 Months | Current |
Auditor
Averox Infrastructure India Private Limited is audited by S B S G & CO for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S B S G & CO | FY 2021 | 146428W |
Shareholding
The shareholding of Averox Infrastructure India Private Limited is on record for 2 financial years, the latest being FY 2021, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Averox Infrastructure India Private Limited, buy the company report.
Charges & borrowings
Open charges
₹1.11 Cr
Satisfied charges
₹54 Lakh
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 05 Oct 2020 | 100389542 | City Union Bank Limited | ₹1.11 Cr | Open | |
| 21 Dec 2021 | 100531151 | City Union Bank Limited | ₹54 Lakh | Satisfied |
To see the full charge records of Averox Infrastructure India Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
Averox Infrastructure India Private Limited has 3 court cases on record: 3 filed against it. All cases are disposed.
Total cases
3
Filed against the company
3
Disposed
3
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 3 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, South, Delhi | Cheque dishonour complaint | Filed against the company by Hero Fincorp Ltd | Disposed |
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Edelweiss Housing Finance Limited. | Disposed |
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed against the company by The State of Gujarat | Disposed |
To see the full case history of Averox Infrastructure 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 Averox Infrastructure India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Averox Infrastructure India Private Limited has a workforce of 16 employees on its EPFO records as of Mar 28, 2024, across 1 active EPFO establishment.
Employee count
16
Active EPFO establishments
1
Employee growth
45.45%
GST
Averox Infrastructure India has 2 GST registrations: 2 active.
Total GSTINs
2
Active
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AARCA0922H1ZU | Gujarat | Active | 01 Aug 2018 |
| 36AARCA0922H1ZP | Telangana | Active | 04 Dec 2020 |
To see the full GST registrations and return filing status of Averox Infrastructure India Private Limited, buy the company report.
Recent activity
Averox Infrastructure India Private Limited has 6 board changes on record since 2019: 2 appointments and 4 cessations. The latest: Rajendrasinh Ghanshyamsinh Jadeja ceased to be Additional Director on 24 Aug 2024.
AGM
Averox Infrastructure India Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge registered on 21 Dec 2021 via Charge ID 100531151 with City Union Bank Limited was fully satisfied on 10 Jun 2025.
Filing
Averox Infrastructure India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Ceased
Rajendrasinh Ghanshyamsinh Jadeja ceased to be Additional Director.
Ceased
Ruturajsinh Rajendrasinh Jadeja ceased to be Director.
Appointed
Nilesh Hemantkumar Luhar was appointed as Director.
Appointed
Vishwarajsinh Pradyumansinh Chudasama was appointed as Director.
Ceased
Yogitaba Vala Narpatsinh ceased to be Director.
Charges
A charge with City Union Bank Limited of Rs. 111.04 Lakh registered on 05 Oct 2020 with Charge ID 100389542 was modified on 18 Feb 2022.
Charges
A charge with City Union Bank Limited amounted to Rs. 54.00 Lakh with Charge ID 100531151 was registered on 21 Dec 2021.
Charges
A charge with City Union Bank Limited amounted to Rs. 111.04 Lakh with Charge ID 100389542 was registered on 05 Oct 2020.
Ceased
Manvendra Sinh Ghansyam Sinh Jadeja ceased to be Director.
1 earlier event is in the company report.
Frequently asked questions
Averox Infrastructure India is an active private limited company based in Ahmedabad, Gujarat, India. The company works in road and bridge construction, within the infrastructure and utilities industry. It was incorporated on 05 July 2018 (8+ years old) and is registered under CIN U45201GJ2018PTC103144.
Averox Infrastructure India has 2 current directors:
- Nilesh Hemantkumar Luhar - Director
- Vishwarajsinh Pradyumansinh Chudasama - Director
The latest financial statements of Averox Infrastructure 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 2019 are in the company report.
The GSTIN of Averox Infrastructure India is 24AARCA0922H1ZU, registered in Gujarat. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 36AARCA0922H1ZP (Telangana).
The CIN (Corporate Identification Number) of Averox Infrastructure India is U45201GJ2018PTC103144. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Averox Infrastructure India has 3 court cases on record: 3 filed against it.
Averox Infrastructure India was incorporated on 05 July 2018, making it 8+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Rajendrasinh Ghanshyamsinh Jadeja ceased to be Additional Director on 24 Aug 2024. Ruturajsinh Rajendrasinh Jadeja ceased to be Director on 24 Aug 2024. Nilesh Hemantkumar Luhar was appointed as Director on 23 Aug 2024. Averox Infrastructure India has 6 board changes on record in total.
Yes, Averox Infrastructure India is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Averox Infrastructure India is registered as a micro enterprise under Udyam registration (number: UDYAM-GJ-01-0061046).
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