Avesthagen Limited Company Logo

Avesthagen Limited - Company Profile

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

1998 | Bengaluru, Karnataka, India | Under Cirp
Last Updated:

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 Indicators

  • Authorised Capital ₹ 14.00 Cr
  • Paid Up Capital ₹ 7.61 Cr
  • Company Age 27 Year, 7 Months
  • Last Filing with ROC 31 Mar 2022
  • Open Charges ₹ 100.49 Cr
  • Satisfied Charges ₹ 13.10 Cr
  • Revenue Growth -72.05%
  • Profit Growth -79.89%
  • Ebitda -21.56%
  • Net Worth 11.98%
  • Total Assets 3.33%
Company report

Avesthagen Limited

Company Report FY 2025-2026

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.

Access Report Banner Element

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

Current Directors

NameDesignationAppointment DateStatus
Sanaya Zareer PatellDirector21 Jan 2008Current
Villoo Zareer Morawala PatellManaging Director20 Apr 1998Current
Prakash Dattatraya VirkarDirector11 Feb 2020Current
John Aiken MckinleyDirector03 Aug 2019Current
Carl M M DujardinAdditional Director01 Aug 2025Current

Past Directors

NameDesignationCessationStatus
Pramod AbcsddAdditional Director30 Dec 2009Past
Pramod AbcsddDirector04 Dec 2008Past
Pramod AbcsddAdditional Director20 Aug 2010Past
Pramod AbcsddDirector05 Jun 2017Past
Pramod AbcsddNominee Director07 Apr 2008Past
Pramod AbcsddDirector23 Jan 2013Past

Discover detailed profiles of directors and KMP - Unlock leadership insights today!

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%.

Avesthagen revenue growth over time
Avesthagen profit and loss trends over time
  • 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%

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 Indicator graph

Reveal ownership structures and financial performance - Get instant access now!

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

DateLenderAmountStatus
23 Feb 2023Hdfc Bank Limited₹2.01 MOpen
19 Mar 2014Biotechnology Industry Research Assistance Council₹4.32 CrOpen
04 Nov 2010Mr. Nadir B Godrej₹5.00 CrOpen
29 Mar 2010Department Of Biotechnology₹0.40 MOpen
28 Jan 2010Department Of Biotechnology₹2.00 MOpen

Explore comprehensive loan charge details -

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 growth trends for Avesthagen Limited

Deals i

Graph showing company valuation over time

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

Graph displaying rating trends over time

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

Alert Indicator

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.

Latest Updates, News, and FAQs on Avesthagen

Recent Activity within the Organization

  • Director Appointment

    The activity 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 3 months 25 days . was completed.

  • Charges

    Progress on A charge with Hdfc Bank Limited amounted to Rs. 0.20 Cr with Charge ID 100717129 was registered on 23 Feb 2023. was documented.

  • Annual General Meeting

    Avesthagen Limited last Annual general meeting of members was held on 30 Sep 2022 as per latest MCA records. was recorded as a recent event.

  • Balance Sheet

    Avesthagen Limited has filed its annual Financial statements for the year ended 31 Mar 2022 with Roc Bangalore. was recorded as a recent event.

  • 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 5 years 9 months . was documented.

  • Director Appointment

    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 3 months . was recorded as a recent event.

Recent News, Updates & Announcement

Frequently Asked Questions

  • What is the CIN of Avesthagen Limited?

    The CIN of Avesthagen Limited is U73100KA1998PLC030671.

  • Where is Avesthagen Limited headquartered?

    Avesthagen Limited is headquartered at Wework Pavilion, 62/63 The Pavilion, Church Street, Bengaluru, Karnataka, 560001.

  • When was Avesthagen Limited incorporated?

    Avesthagen Limited was incorporated on 20 April 1998.

  • Who are the current directors of Avesthagen Limited?

    The current directors of Avesthagen Limited are

  • What is the primary industry of Avesthagen Limited?

    The primary industry of Avesthagen Limited is Professional, Scientific And Technical.

  • Is Avesthagen Limited a listed company?

    Avesthagen Limited is unlisted.

  • What is the capital structure of Avesthagen Limited?

    The authorized capital of Avesthagen Limited is ₹14.00 Cr, and the paid-up capital is ₹7.61 Cr.

  • What is the compliance status of Avesthagen Limited?

    The compliance status of Avesthagen Limited is Compliant.

Unlock Business Insights – Explore Instantly!

Search company & director profiles for free and gain access to critical business data.

  • 3.1M+ Companies
  • 15M+ Legal Cases
  • 525K+ Credit Ratings
  • 5.8M+ Directors & KMP
  • 750K+ Regulatory Alerts
  • 1.1M+ Companies' Financial Records
Start Free Trial