About Avigna Properties Private Limited
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Avigna Properties Private Limited is a private limited company based in Chennai, Tamil Nadu, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 01 August 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U45200TN2011PTC081737. Its GSTIN is 33AAJCA7464J1ZF (Tamil Nadu).
The company has an authorised share capital of ₹41.25 Cr and a paid-up capital of ₹41.22 Cr. It is led by directors Shivagnanam Rajasekaran and Naveen Manimarran Rajasekaran.
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 Plot No. 1822 I – Block 13th Main Road Anna Nagar West, Chennai, Tamil Nadu, India – 600040.
As per the financials filed for FY 2025, the company reported a revenue of ₹2.41 Cr, a decline of 42% compared to the previous year. For the same year it recorded a net loss of ₹6.26 Cr (net margin -259.9%) and EBITDA of -₹6.16 Cr (EBITDA margin -255.5%). Revenue has declined at a compounded annual rate (CAGR) of 41% over three years and 35% over five years.
The company has about 2 employees on its provident fund (EPFO) records.
As per MCA filings, the company has satisfied charges of ₹157 Cr on record. Court records list 19 cases involving the company, including 12 filed by the company and 7 filed against it; 3 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website avignaproperties.com.
Company details
Contact details
Avigna Properties Private Limited's registered office is in Chennai, Tamil Nadu. Its website is avignaproperties.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressPlot No. 1822 I – Block 13th Main Road Anna Nagar West, Chennai, Tamil Nadu, India – 600040
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Avigna Properties 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 Avigna Properties is construction. In detail, this covers buildings.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| F | Construction | F1 | Buildings |
To see the full business activity and turnover split of Avigna Properties Private Limited, buy the company report.
Financials of Avigna Properties Private Limited
FY 2024 filings availableAvigna Properties Private Limited reported revenue of ₹2.41 Cr (down 42% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 35% over five years, including a 42% fall in the latest year. EBITDA fell 386% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | -₹6.16 Cr | ||||
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| Net Profit (PAT) | -₹6.26 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | -255.5% | ||||
| Net Profit Margin | -259.9% | ||||
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To see the full financial statements and ratios of Avigna Properties Private Limited, buy the company report.
Board of directors of Avigna Properties Private Limited
Avigna Properties has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shivagnanam Rajasekaran Also directs: Avigna Spaces LLP, Avigna Orchids Private Limited, Avigna Epc Private Limited and 5 more | Director | 30 Jan 2014 | 12 Years 8 Months | Current |
| Naveen Manimarran Rajasekaran Also directs: Avigna Spaces LLP, Avigna Orchids Private Limited, Avigna Epc Private Limited and 5 more | Director | 15 Mar 2021 | 5 Years 7 Months | Current |
Peer comparison
Avigna Properties Private Limited is compared with the 5 companies closest to it by revenue in the Real Estate industry (Builders and Developers), with the same principal business activity (buildings), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Vee Infrastructure Projects Private Limited | ₹2.41 Cr (FY 2024) | 6.0% | Chennai, Tamil Nadu, India | |||
| Satya Spaces Private Limited | ₹2.41 Cr (FY 2025) | 46.0% | Mumbai, Maharashtra, India | |||
| Avigna Properties Private Limitedthis company | ₹2.41 Cr (FY 2025) | -₹6.26 Cr | -259.9% | -42.0% | 2 | Chennai, Tamil Nadu, India |
| Sreereddy Properties Private Limited | ₹2.41 Cr (FY 2017) | -45.0% | Bangalore, Karnataka, India | |||
| Gainwell Securities Pvt Ltd | ₹2.41 Cr (FY 2025) | 23.0% | Guwahati, Assam, India | |||
| A and A Real Estate Private Limited | ₹2.41 Cr (FY 2024) | 96.0% | Bhopal, Madhya Pradesh, India |
To see the full peer comparison of Avigna Properties Private Limited, buy the company report.
Auditor
Avigna Properties Private Limited is audited by RAM & KUMAR for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RAM & KUMAR | FY 2023 | 002817S |
Shareholding
The shareholding of Avigna Properties 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 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Avigna Properties Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 Apr 2017 | 100097349 | Others | ₹70 Cr | Satisfied | |
| 18 Jun 2015 | 10610084 | Idbi Trusteeship Services Limited | ₹42 Cr | Satisfied | |
| 11 Jun 2015 | 10593123 | Idbi Trusteeship Services Limited | ₹20 Cr | Satisfied | |
| 23 Apr 2013 | 10422770 | Axis Bank Limited | ₹25 Cr | Satisfied |
To see the full charge records of Avigna Properties Private Limited, buy the company report.
Total charge records: 4 View all charges
Legal cases
Avigna Properties Private Limited has 19 court cases on record: 12 filed by Avigna Properties, 7 filed against it. 3 cases are pending and 16 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 12 | 0 | 0 |
| District courts | 7 | 7 | 3 |
Cases on record (5 of 19)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, New Delhi, Delhi | Cheque dishonour complaint | Filed against the company by M/S. PNB Housing Finance Limited | Disposed |
| District court, Kancheepuram, Tamil Nadu | Civil suit | Filed against the company by individuals | Pending |
| District court, Kancheepuram, Tamil Nadu | Civil suit | Filed against the company by an individual | Pending |
| District court, Chengalpattu, Tamil Nadu | Civil suit | Filed against the company by an individual | Pending |
| District court, Chengalpattu, Tamil Nadu | Civil suit | Filed against the company by an individual | Disposed |
To see the full case history of Avigna Properties 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 Avigna Properties Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Avigna Properties Private Limited has a workforce of 2 employees on its EPFO records as of Mar 23, 2024, across 1 active EPFO establishment.
GST
Avigna Properties has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAJCA7464J1ZF | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Avigna Properties Private Limited, buy the company report.
Recent activity
Avigna Properties Private Limited has 7 board changes on record since 2013: 2 appointments and 5 cessations. The latest: Naveen Manimarran Rajasekaran ceased to be Additional Director on 25 Nov 2021.
7 earlier events are in the company report.
Frequently asked questions
Avigna Properties is an active private limited company based in Chennai, Tamil Nadu, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 01 August 2011 (15+ years old) and is registered under CIN U45200TN2011PTC081737.
Avigna Properties has 2 current directors:
- Shivagnanam Rajasekaran - Director
- Naveen Manimarran Rajasekaran - Director
The latest financial statements of Avigna Properties 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 Avigna Properties is 33AAJCA7464J1ZF, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Avigna Properties is U45200TN2011PTC081737. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Avigna Properties has 19 court cases on record: 12 filed by the company and 7 filed against it. 3 are pending. Most are in the high courts.
Avigna Properties was incorporated on 01 August 2011, making it 15+ years old. It is registered with the Registrar of Companies, Chennai.
The peers of Avigna Properties by revenue are Vee Infrastructure Projects Private Limited, Satya Spaces Private Limited, Sreereddy Properties Private Limited, Gainwell Securities Pvt Ltd, A and A Real Estate Private Limited, all in the Real Estate industry (Builders and Developers), with the same principal business activity (buildings).
Naveen Manimarran Rajasekaran ceased to be Additional Director on 25 Nov 2021. Naidu Amrutesh Reddy ceased to be Director on 15 Mar 2021. Naveen Manimarran Rajasekaran was appointed as Director on 15 Mar 2021. Avigna Properties has 7 board changes on record in total.
Avigna Properties can be reached through the website avignaproperties.com. Its registered office is in Chennai, Tamil Nadu, India.
The registered office of Avigna Properties is at Plot No. 1822 I – Block 13th Main Road Anna Nagar West, Chennai, Tamil Nadu, India – 600040.