Avisa Developers Private Limited
About Avisa Developers Private Limited
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Avisa Developers Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 15 March 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U45309MH2021PTC357053. Its GSTIN is 27AAUCA9457G1ZZ (Maharashtra).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Ashish Kirti Shah and Viral Kirtikumar Shah.
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 A – 903 Damji Shamji Corporate Square Laxmi Nagar Ghatkopar East, Mumbai, Maharashtra, India – 400075.
As per the financials filed for FY 2025, the company reported a revenue of ₹53.45 Lakh, a decline of 48% compared to the previous year. For the same year it recorded a net profit of ₹2.28 Lakh (net margin 4.3%) and EBITDA of ₹4.27 Lakh (EBITDA margin 8%). Revenue has declined at a compounded annual rate (CAGR) of 48% over three years.
The company has about 4 employees on its provident fund (EPFO) records.
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- Registered AddressA – 903 Damji Shamji Corporate Square Laxmi Nagar Ghatkopar East, Mumbai, Maharashtra, India – 400075
- IndustryReal Estate and Construction, Real Estate Builders & Developers
- 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
- One PDF report, delivered after checkout
Business Activity of Avisa Developers Private Limited
The main business activity of Avisa Developers is construction. In detail, this covers specialized construction activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| F | Construction | 43 | Specialized construction activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Avisa Developers Private Limited FY 2025 filings available
Avisa Developers Private Limited reported revenue of ₹53.45 Lakh (down 48% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Avisa Developers Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 48% over three years, including a 48% fall in the latest year. EBITDA rose 280% 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 of Avisa Developers Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹4.27 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹2.28 Lakh | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
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| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Avisa Developers Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 8% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 4.3% | •••• | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• | •••• | •••• |
| Liquidity and Debt | |||||
| Current Ratio | •••• | •••• | •••• | •••• | •••• |
| Quick Ratio | •••• | •••• | •••• | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
| Payable Days | •••• | •••• | •••• | •••• | •••• |
| Inventory Days | •••• | •••• | •••• | •••• | •••• |
| Revenue Growth | •••• | •••• | •••• | •••• | •••• |
| Net Profit Growth | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Avisa Developers are in the company report.
Financial statements from FY 2021
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Avisa Developers Private Limited
Avisa Developers Private Limited is compared with the companies closest to it by revenue in the Infrastructure industry (Construction Services). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Naanesh Raamesh Developers Private Limited | •••• | •••• | •••• | •••• | - | Chittorgarh, Rajasthan, India |
| Harihar Dwellings Private Limited | •••• | •••• | •••• | •••• | - | Tiruchirappalli, Tamil Nadu, India |
| Ha Buildwell Private Limited | •••• | •••• | •••• | •••• | - | New Delhi, Delhi, India |
| Sainath Infrasolutions Private Limited | •••• | •••• | •••• | •••• | - | Jaipur, Rajasthan, India |
| P&Y Projects Private Limited | •••• | •••• | •••• | •••• | - | Hyderabad, Telangana, India |
| Avisa Developers Private Limited this company | •••• | •••• | •••• | •••• | - | Mumbai, Maharashtra, India |
| Tarush Management Private Limited | •••• | •••• | •••• | •••• | - | Kolkata, West Bengal, India |
| Shraddha Life Spaces Private Limited | •••• | •••• | •••• | •••• | - | Mumbai, Maharashtra, India |
| Raj Structures Interiors Private Limited | •••• | •••• | •••• | •••• | - | Kalkaji Extension, Delhi, India |
| R V Nirmata Private Limited | •••• | •••• | •••• | •••• | - | New Delhi, Delhi, India |
| Vani Construction Private Limited | •••• | •••• | •••• | •••• | - | New Delhi, Delhi, India |
Peers are the five companies nearest above and the five nearest below Avisa Developers by revenue in the Infrastructure industry (Construction Services), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.
Auditor Details of Avisa Developers Private Limited
Avisa Developers Private Limited is audited by K Sutar and Associates for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| K Sutar and Associates | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Avisa Developers Private Limited
Avisa Developers has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ashish Kirti Shah Also directs: Chemtrade Global Impex LLP, Neltra Innovative Technologies Private Limited, Prince Mfg Industries Private Limited and 2 more | Director | 15 Mar 2021 | 5 Years 6 Months | Current |
| Viral Kirtikumar Shah Also directs: Chemtrade Global Impex LLP, Prince Mfg Industries Private Limited, Chemtrade Overseas Private Limited and 1 more | Director | 30 Jul 2025 | 1 Years 2 Months | Current |
Ownership and Shareholding of Avisa Developers Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Avisa Developers Private Limited
Avisa Developers Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Avisa Developers Private Limited
Avisa Developers Private Limited has a workforce of 4 employees as of Mar 30, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Avisa Developers Private Limited
Avisa Developers Private Limited has 4 board changes on record since 2021: 2 appointments and 2 cessations. The latest: Viral Kirtikumar Shah was appointed as Director on 30 Jul 2025.
Credit Ratings, Litigation & Regulatory Alerts for Avisa Developers Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Avisa Developers Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Avisa Developers Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Avisa Developers Private Limited
Avisa Developers has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAUCA9457G1ZZ | Maharashtra | Active | 22 Mar 2021 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Avisa Developers Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Avisa Developers Private Limited
Avisa Developers is an active private limited company based in Mumbai, Maharashtra, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 15 March 2021 (5+ years old) and is registered under CIN U45309MH2021PTC357053.
Avisa Developers reported revenue of ₹53.45 Lakh for FY 2025 (down 48% YoY).
Avisa Developers has 2 current directors:
- Ashish Kirti Shah - Director
- Viral Kirtikumar Shah - Director
Avisa Developers reported a net profit of ₹2.28 Lakh (net margin 4.3%) and EBITDA of ₹4.27 Lakh (EBITDA margin 8%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Avisa Developers is -48% over three years. In the latest year (FY 2025) revenue fell 48%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Avisa Developers is 27AAUCA9457G1ZZ, registered in Maharashtra.
The CIN (Corporate Identification Number) of Avisa Developers is U45309MH2021PTC357053. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Avisa Developers was incorporated on 15 March 2021, making it 5+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Avisa Developers by revenue are Naanesh Raamesh Developers Private Limited, Harihar Dwellings Private Limited, Ha Buildwell Private Limited, Sainath Infrasolutions Private Limited, P&Y Projects Private Limited and 5 more, all in the Infrastructure industry (Construction Services).
Viral Kirtikumar Shah was appointed as Director on 30 Jul 2025. Viral Kirtikumar Shah ceased to be Director on 05 Jul 2025. Nishant Vaish ceased to be Director on 10 Jun 2025. Avisa Developers has 4 board changes on record in total.
The registered office of Avisa Developers is at A – 903 Damji Shamji Corporate Square Laxmi Nagar Ghatkopar East, Mumbai, Maharashtra, India – 400075.