Avnash Estates and Resorts Limited
About Avnash Estates and Resorts Limited
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Avnash Estates and Resorts Limited is a public limited company based in Visakhapatnam, Andhra Pradesh, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 28 November 1985 and has been in existence for over 41 years.
The company is registered with the Registrar of Companies (ROC), Vijayawada, under CIN U05005AP1985PLC005982. Its GSTIN is 37AADCA6004A1ZE (Andhra Pradesh).
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹75 Lakh. It was formerly known as Avinash Marine Products Limited. It is led by directors including Prasad Parasa and Avnash Anumolu.
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 Dr.No.11 – 8 – 34 Daspalla Hills, Visakhapatnam, Andhra Pradesh, India – 530001.
As per the financials filed for FY 2025, the company reported a revenue of ₹8.51 Lakh, a decline of 59% compared to the previous year. For the same year it recorded a net loss of ₹4.89 Lakh (net margin -57.5%) and EBITDA of -₹1.3 Lakh (EBITDA margin -15.3%). Revenue has declined at a compounded annual rate (CAGR) of 55% over three years and 24% over five years.
As per MCA filings, the company has open charges of ₹19.4 Cr and satisfied charges of ₹8.75 Cr on record. Court records list 16 cases involving the company, including 15 filed by the company and 1 filed against it; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
Avnash Estates and Resorts has one previous CIN (Corporate Identification Number): U99999AP1985PLC005982. The current CIN is U05005AP1985PLC005982, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U05005AP1985PLC005982 | Current |
| U99999AP1985PLC005982 | Previous |
Contact details
Avnash Estates and Resorts Limited's registered office is in Visakhapatnam, Andhra Pradesh. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressDr.No.11 – 8 – 34 Daspalla Hills, Visakhapatnam, Andhra Pradesh, India – 530001
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Avnash Estates and Resorts 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 Avnash Estates and Resorts is real estate activities. In detail, this covers real estate activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| L | Real estate activities | 68 | Real estate activities |
To see the full business activity and turnover split of Avnash Estates and Resorts Limited, buy the company report.
Financials of Avnash Estates and Resorts Limited
FY 2025 filings availableAvnash Estates and Resorts Limited reported revenue of ₹8.51 Lakh (down 59% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 24% over five years, including a 59% fall 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | -₹1.3 Lakh | ||||
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| Net Profit (PAT) | -₹4.89 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -15.3% | ||||
| Net Profit Margin | -57.5% | ||||
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To see the full financial statements and ratios of Avnash Estates and Resorts Limited, buy the company report.
Board of directors of Avnash Estates and Resorts Limited
Avnash Estates and Resorts has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Prasad Parasa Also directs: Pragati Fertilizers Limited, Chowhan Exports Ltd, Blue Mountain Food Products Limited and 1 more | Director | 10 Oct 2022 | 4 Years 1 Months | Current |
| Avnash Anumolu Also directs: Repose Urban Holdings LLP, Pragati Fertilizers Limited, Raychand Automobiles Private Limited and 5 more | Director | 05 Sep 2002 | 24 Years 2 Months | Current |
| Ammaji Anumolu Also directs: Pragati Fertilizers Limited, Raychand Automobiles Private Limited, Anumolu Motors Private Limited and 5 more | Director | 28 Nov 1985 | 40 Years 11 Months | Current |
Auditor
Avnash Estates and Resorts Limited is audited by SRIVALLI & RAO for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SRIVALLI & RAO | FY 2021 | 009225S |
Shareholding
The shareholding of Avnash Estates and Resorts Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Avnash Estates and Resorts Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Sep 2014 | 10530246 | The Visakhapatnam Co Operative Bank Limited | ₹15 Cr | Open | |
| 26 Oct 2012 | 10465684 | State Bank of India | ₹4 Cr | Open | |
| 31 Dec 2008 | 10143253 | Axis Bank Limited | ₹25 Lakh | Open | |
| 07 Dec 2005 | 90344482 | Uti Bank Ltd. | ₹15 Lakh | Open | |
| 15 Dec 2007 | 10078096 | Andhra Pradesh State Financial Corpocation | ₹8.75 Cr | Satisfied |
To see the full charge records of Avnash Estates and Resorts Limited, buy the company report.
Total charge records: 5 View all charges
Legal cases
Avnash Estates and Resorts Limited has 16 court cases on record: 15 filed by Avnash Estates and Resorts, 1 filed against it. 1 case is pending and 15 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 15 | 0 | 1 |
| District courts | 1 | 1 | 0 |
Cases on record (5 of 16)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, ANDHRAPRADESH | Writ petition | Filed by the company against District Collector and 1 other | Pending |
| District court, Visakapatnam, Andhra Pradesh | Civil suit | Filed against the company by M/S Kaytee Venutures | Disposed |
| High Court, ANDHRAPRADESH | Writ petition | Filed by the company against Greater Visakhapatnam Municipal Corp. & 3 Others and 3 others | Disposed |
| High Court | Writ petition | Filed by the company against Greater Visakhapatnam Municipal Corp. & 3 Others and 3 others | Disposed |
| High Court, ANDHRAPRADESH | Revision petition | Filed by the company against The District Registrar of Assurance-Cum-Collector and 1 other | Disposed |
To see the full case history of Avnash Estates and Resorts 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 Avnash Estates and Resorts Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Avnash Estates and Resorts has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 37AADCA6004A1ZE | Andhra Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Avnash Estates and Resorts Limited, buy the company report.
Recent activity
Avnash Estates and Resorts Limited has 6 board changes on record since 1985: 3 appointments and 3 cessations. The latest: Prasad Parasa ceased to be Additional Director on 29 Sep 2023.
3 earlier events are in the company report.
Frequently asked questions
Avnash Estates and Resorts is an active public limited company based in Visakhapatnam, Andhra Pradesh, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 28 November 1985 (41+ years old) and is registered under CIN U05005AP1985PLC005982.
Avnash Estates and Resorts has 3 current directors:
- Prasad Parasa - Director
- Avnash Anumolu - Director
- Ammaji Anumolu - Director
The latest financial statements of Avnash Estates and Resorts on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Avnash Estates and Resorts is 37AADCA6004A1ZE, registered in Andhra Pradesh.
The CIN (Corporate Identification Number) of Avnash Estates and Resorts is U05005AP1985PLC005982. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Avnash Estates and Resorts has 16 court cases on record: 15 filed by the company and 1 filed against it. 1 is pending. Most are in the high courts.
Avnash Estates and Resorts was incorporated on 28 November 1985, making it 41+ years old. It is registered with the Registrar of Companies, Vijayawada.
Prasad Parasa ceased to be Additional Director on 29 Sep 2023. Harshitha Anumolu ceased to be Director on 10 Oct 2022. Prasad Parasa was appointed as Director on 10 Oct 2022. Avnash Estates and Resorts has 6 board changes on record in total.
The registered office of Avnash Estates and Resorts is at Dr.No.11 – 8 – 34 Daspalla Hills, Visakhapatnam, Andhra Pradesh, India – 530001.
Avnash Estates and Resorts operates in the real estate and construction industry, in the real estate builders and developers segment.
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