Avikar Commodities Private Limited
About Avikar Commodities Private Limited
Data last updated:
Avikar Commodities Private Limited was a private limited company based in Kolkata, West Bengal, India. The company has been converted to a Limited Liability Partnership (LLP) and no longer exists as a company. For the latest details, refer to the successor LLP. It operated in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 28 March 2007.
The company was registered with the Registrar of Companies (ROC), Kolkata, under CIN U51109WB2007PTC114818.
The company had an authorised share capital of ₹2 Lakh and a paid-up capital of ₹1 Lakh. It was led by directors Aditya Jhunjhunwala and Shivam Jhunjhunwala.
Its last annual general meeting (AGM) was held on 28 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office was at 52 Jadavpur Central Road, Kolkata, West Bengal, India – 700032.
As per the financials filed for FY 2024, the company reported a revenue of ₹99,694, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹26,647 (net margin 26.7%) and EBITDA of ₹35,617 (EBITDA margin 35.7%). Revenue has grown at a compounded annual rate (CAGR) of 27% over three years and 95% over five years.
Court records list 10 cases involving the company, including 7 filed by the company and 3 filed against it; 2 cases are pending.
Company details
Contact details
Avikar Commodities Private Limited's registered office is in Kolkata, West Bengal. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address52 Jadavpur Central Road, Kolkata, West Bengal, India – 700032
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Avikar Commodities 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 Avikar Commodities is real estate. In detail, this covers real estate activities with own or leased property.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| L | Real Estate | L1 | Real estate activities with own or leased property |
To see the full business activity and turnover split of Avikar Commodities Private Limited, buy the company report.
Financials of Avikar Commodities Private Limited
FY 2024 filings availableAvikar Commodities Private Limited reported revenue of ₹99,694 (up 281% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 95% over five years, including 281% growth in the latest year. EBITDA rose 73% 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 |
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| EBITDA | ₹35,617 | ||||
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| Net Profit (PAT) | ₹26,647 | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA Margin | 35.7% | ||||
| Net Profit Margin | 26.7% | ||||
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To see the full financial statements and ratios of Avikar Commodities Private Limited, buy the company report.
Board of directors of Avikar Commodities Private Limited
Avikar Commodities has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Aditya Jhunjhunwala Also directs: Nehanavita Infra Projects LLP, Plenteous Real Estate LLP, Sunturf Chattels LLP and 5 more | Director | 18 Jan 2017 | 9 Years 9 Months | As last reported |
| Shivam Jhunjhunwala | Director | 18 Jan 2017 | 9 Years 9 Months | As last reported |
Auditor
Avikar Commodities Private Limited is audited by AGARWALKEDIA&CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| AGARWALKEDIA&CO. | FY 2023 | 328319E |
Shareholding
The shareholding of Avikar Commodities 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 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Avikar Commodities Private Limited, buy the company report.
Legal cases
Avikar Commodities Private Limited has 10 court cases on record: 7 filed by Avikar Commodities, 3 filed against it. 2 cases are pending and 8 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 7 | 0 | 2 |
| High courts | 3 | 3 | 0 |
Cases on record (5 of 10)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Calcutta, West Bengal | Civil suit | Filed by the company against Solace Real Estate Management Pvt. Ltd. 5 Others | Pending |
| District court, Calcutta, West Bengal | Civil suit | Filed by the company against Solace Real Estate Management Pvt. Ltd. | Disposed |
| District court, North Twenty Four Parganas, West Bengal | Criminal complaint | Filed by the company against Solace Real Estate Management Pvt. Ltd. and 5 Other | Disposed |
| District court, South Twenty Four Parganas, West Bengal | Civil suit | Filed by the company against individuals | Pending |
| Calcutta High Court | Court case (CRR) | Filed against the company by an individual | Disposed |
To see the full case history of Avikar Commodities 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 Avikar Commodities Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Avikar Commodities Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Avikar Commodities Private Limited has 6 board changes on record since 2014: 2 appointments and 4 cessations. The latest: Sougata Dey ceased to be Additional Director on 21 Jun 2021.
Frequently asked questions
Avikar Commodities has been "Converted to LLP" - the business changed its legal structure from a company to a Limited Liability Partnership. The original company no longer exists in its previous form. For the latest information, refer to the successor LLP entity registered with MCA.
Avikar Commodities was a private limited company based in Kolkata, West Bengal, India. The company worked in real estate builders and developers, within the real estate and construction industry. It was incorporated on 28 March 2007 and is registered under CIN U51109WB2007PTC114818. For the latest details, refer to the successor LLP entity.
The CIN (Corporate Identification Number) of Avikar Commodities is U51109WB2007PTC114818. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Avikar Commodities had 2 directors:
- Aditya Jhunjhunwala - Director
- Shivam Jhunjhunwala - Director
Avikar Commodities was incorporated on 28 March 2007. It is registered with the Registrar of Companies, Kolkata.
The registered office of Avikar Commodities is at 52 Jadavpur Central Road, Kolkata, West Bengal, India – 700032.
The latest financial statements of Avikar Commodities on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 28 September 2024. Year-wise statements from 2015 are in the company report.
Avikar Commodities operated in the real estate and construction industry, in the real estate builders and developers segment.
Avikar Commodities has 10 court cases on record: 7 filed by the company and 3 filed against it. 2 are pending. Most are in the district courts.
Sougata Dey ceased to be Additional Director on 21 Jun 2021. Aditya Jhunjhunwala was appointed as Director on 18 Jan 2017. Madan Gopal Marda ceased to be Director on 18 Jan 2017. Avikar Commodities has 6 board changes on record in total.