Avesthagen Limited - Company Profile

Q: Where is Avesthagen Limited headquartered?

Avesthagen Limited is headquartered at Wework Pavilion, 6263 The Pavilion, Church Street, Bengaluru, Karnataka, 560001.

Q: Who are the current directors of Avesthagen Limited?

The current directors of Avesthagen Limited are Sanaya Zareer Patell, Villoo Zareer Morawala Patell, Prakash Dattatraya Virkar, John Aiken Mckinley, Carl M M Dujardin.

It is a life sciences public limited company based in Bengaluru, Karnataka, India, established in 1998.

1998 Bengaluru, Karnataka, India Under Cirp

Last Updated: July 01, 2025

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About Avesthagen Limited

Avesthagen Limited, a under cirp public limited company, was established on 20 April 1998 in Bengaluru, Karnataka, India. Engaging in biotechnology within the professional, scientific and technical sector, it holds CIN: U73100KA1998PLC030671. Registered under ROC Roc Bangalore. it is unlisted. It has an authorized capital of ₹14.00 Cr and a paid-up capital of ₹7.61 Cr.

Formerly known as Avesthagen Private Limited, Avestagen Limited. It upholds a compliant status. Its leadership includes Sanaya Zareer Patell (Director), Villoo Zareer Morawala Patell (Managing Director), Prakash Dattatraya Virkar (Director). Past directors included Sanaya Zareer Patell, Emmanuel Marie Remy Maurice Rougier, John Darbyshire. It holds ₹100.49 Cr open charges and ₹13.10 Cr settled loans. Its latest AGM occurred on 30 September 2022, with the balance sheet filed on 31 March 2022. It is based at Wework Pavilion, 62/63 The Pavilion, Church Street, Bengaluru, Karnataka, 560001.

Company Details

CIN/LLPIN
U73100KA1998PLC030671
Registration Number
030671
Incorporation Date
20 April 1998
Authorized Capital
₹14.00 Cr
Paid-Up Capital
₹7.61 Cr
ROC Code
Roc Bangalore
Listing Status
Unlisted
Company Status
Under Cirp

Key Metrics

Authorised Capital ₹ 14.00 Cr as on 01-07-2025
Paid Up Capital ₹ 7.61 Cr as on 01-07-2025
Company Age 27 Year, 10 Months
Last Filing with ROC 31 Mar 2022
Open Charges ₹ 100.49 Cr as on 01-07-2025
Satisfied Charges ₹ 13.10 Cr as on 01-07-2025
Revenue Growth **** -72.05% (FY 2021)
Profit Growth **** -79.89% (FY 2021)
Ebitda **** -21.56% (FY 2021)
Net Worth 11.98% (FY 2021)
Total Assets **** 3.33% (FY 2021)

Comprehensive Company Insights

Explore comprehensive insights into Avesthagen Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Avesthagen Limited?

Current Directors

Name	Designation	Appointment Date	Status
Sanaya Zareer Patell	Director	21 Jan 2008	Current
Villoo Zareer Morawala Patell	Managing Director	20 Apr 1998	Current
Prakash Dattatraya Virkar	Director	11 Feb 2020	Current
John Aiken Mckinley	Director	03 Aug 2019	Current
Carl M M Dujardin	Additional Director	01 Aug 2025	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Additional Director	30 Dec 2009	Past
Pramod Abcsdd	Director	04 Dec 2008	Past
Pramod Abcsdd	Additional Director	20 Aug 2010	Past
Pramod Abcsdd	Director	05 Jun 2017	Past
Pramod Abcsdd	Nominee Director	07 Apr 2008	Past
Pramod Abcsdd	Director	23 Jan 2013	Past

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Financial Performance of Avesthagen.

Avesthagen Limited, for the financial year ended 2021, experienced significant reduction in revenue, with a 72.05% decrease. The company also saw a substantial fall in profitability, with a 79.89% decrease in profit. The company's net worth Soared by an impressive increase of 11.98%.

Date	Amount	Transaction Name	Valuation	Lead Investors	Investors
Jul, 2021	Amount	Post-IPO - Grab	Valuation	investors	Emtek
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners
Jan, 2021	Amount	Post-IPO - Grab	Valuation	investors	Hana Financial Group , GGV Capital
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners

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Key Matrics
Balance Sheet
Profit and Loss
Cash Flow
Ratios

Metrics

(FY 2023)

YOY Growth

(FY 2022)

(FY 2021)

(FY 2020)

(FY 2019)

Total Revenue

********

-72.05%

*******

Revenue from Operations

*******

-10.71%

*******

Total Assets

*******

3.33%

*******

Profit or Loss

*******

-79.89%

*******

Net Worth

*******

11.98%

*******

EBITDA

*******

-21.56%

*******

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What is the Ownership and Shareholding Structure of Avesthagen?

In 2022, Avesthagen had a promoter holding of 32.77% and a public holding of 67.23%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)

Promoters: 92.83%
Public: 4.10%
Others: 3.07%

Shareholding Pattern over the Year

	FY (2024)	FY (2023)	FY (2022)	FY (2021)	FY (2020)
Promoters	92.83	94.62	94.55	94.55	94.55
Public	4.10	3.89	3.95	3.96	3.98
Others	3.07	1.49	1.50	1.49	1.47

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Charges (Loans)

Open Charges

₹1,004,897,366.00

Satisfied Charges

₹131,000,000.00

Charges Breakdown by Lending Institutions

Oriental Bank Of Commerce : 42.73 Cr
Il & Fs Trust Company Limited : 32.00 Cr
Citicorp Finance (India) Limited : 16.00 Cr
Mr. Nadir B Godrej : 5.00 Cr
Biotechnology Industry Research Assistance Council : 4.32 Cr
Others : 0.44 Cr

Latest Charge Details

Date	Lender	Amount	Status
23 Feb 2023	Hdfc Bank Limited	₹2.01 M	Open
19 Mar 2014	Biotechnology Industry Research Assistance Council	₹4.32 Cr	Open
04 Nov 2010	Mr. Nadir B Godrej	₹5.00 Cr	Open
29 Mar 2010	Department Of Biotechnology	₹0.40 M	Open
28 Jan 2010	Department Of Biotechnology	₹2.00 M	Open

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How Many Employees Work at Avesthagen?

Avesthagen has a workforce of 0 employees as of Apr 04, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee Date	Number of Employees
2020	78,000
2021	80,500
2022	83,200
2023	86,000
2024	89,500
2025	92,000

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Deals i

Gain comprehensive insights into the Deals and Valuation data of Avesthagen, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Avesthagen's trajectory.

Rating

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on Avesthagen

Recent Activity within the Organization

Director Appointment

Carl M M Dujardin was appointed as a Additional Director was appointed as a Additional Director on 01 Aug 2025 & has been associated with this company since 6 months 27 days . was recorded as a recent event.
01 Aug 2025
Charges

The activity A charge with Hdfc Bank Limited amounted to Rs. 0.20 Cr with Charge ID 100717129 was registered on 23 Feb 2023. was completed.
23 Feb 2023
Annual General Meeting

Progress on Avesthagen Limited last Annual general meeting of members was held on 30 Sep 2022 as per latest MCA records. was documented.
30 Sep 2022
Balance Sheet

Progress on Avesthagen Limited has filed its annual Financial statements for the year ended 31 Mar 2022 with Roc Bangalore. was documented.
31 Mar 2022
Director Appointment

Progress on Prakash Dattatraya Virkar was appointed as a Director was appointed as a Director on 11 Feb 2020 & has been associated with this company since 6 years 15 days . was documented.
11 Feb 2020
Director Appointment

The activity John Aiken Mckinley was appointed as a Director was appointed as a Director on 03 Aug 2019 & has been associated with this company since 6 years 6 months . was completed.
03 Aug 2019

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