MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-GJ-01-0016887
Avoden Private Limited - financial services in Ahmedabad, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹6.46 Cr
▲ 32% YoY
Net profit · FY 2024
₹21.2 Lakh
Net margin 3.3%
EBITDA · FY 2024
₹47.97 Lakh
EBITDA margin 7.4%
Authorised capital
₹1 Cr
Registered with MCA
Paid-up capital
₹1 Cr
Issued & subscribed
Open charges
₹3.87 Cr
Secured borrowings
Company age
13 yrs
Est. 2013
Employees · EPFO
20
Provident fund records
About Avoden Private Limited
Data last updated:
Avoden Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the brokerage and trading services segment of the financial services sector. It was incorporated on 18 September 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U51909GJ2013PTC076871. Its GSTIN is 24AAECN4517C1ZX (Gujarat). The company holds 4 GST registrations, all of them active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹1 Cr. It was formerly known as Novateor Sales & Marketing Private Limited. It is led by directors Narendrabhai Prahladbhai Patel and Pankil Narendrabhai Patel.
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 512 – 516 Westface Zydus Hospital Road Nr. Bagban Party Plot Thaltej, Ahmedabad, Gujarat, India – 380059.
As per the financials filed for FY 2024, the company reported a revenue of ₹6.46 Cr, a growth of 32% compared to the previous year. For the same year it recorded a net profit of ₹21.2 Lakh (net margin 3.3%) and EBITDA of ₹47.97 Lakh (EBITDA margin 7.4%). Revenue has grown at a compounded annual rate (CAGR) of 22% over three years and 16% over five years.
The company has about 20 employees on its provident fund (EPFO) records.
The company is associated with 2 brands: DentoShine and Avoden. As per MCA filings, the company has open charges of ₹3.87 Cr on record. Court records list 22 cases involving the company, including 22 filed by the company; 10 cases are pending.
Avoden Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0016887). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website avoden.com.
Company details
CIN U51909GJ2013PTC076871
Registration Number 076871
Incorporation Date 18 September 2013
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-GJ-01-0016887
Recognitions & Rankings of Avoden
Contact details
Avoden Private Limited's registered office is in Ahmedabad, Gujarat. Its website is avoden.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address512 – 516 Westface Zydus Hospital Road Nr. Bagban Party Plot Thaltej, Ahmedabad, Gujarat, India – 380059
- IndustryFinancial Services, Brokerage & Trading Services
To see the full contact details of Avoden Private Limited, buy the company report.
Comprehensive company report
Avoden Private Limited - one report that includes everything
- 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
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Brands
Avoden operates two associated brands: DentoShine and Avoden. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers kids' toothpaste, toothbrushes, and tongue cleaners for oral hygiene. | dentoshine.com | |
| Avoden focuses on unique product experiences and social impact through innovative brands. | avoden.com |
Business activity
The main business activity of Avoden is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Avoden Private Limited, buy the company report.
Financials of Avoden Private Limited
FY 2025 filings availableAvoden Private Limited reported revenue of ₹6.46 Cr (up 32% YoY) for FY 2024.
Revenue · FY 2024
₹6.46 Cr ▲ 32%
Net profit · FY 2024
₹21.2 Lakh margin 3.3%
EBITDA · FY 2024
₹47.97 Lakh margin 7.4%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 32%
3 years · compounded
▲ 22%
5 years · compounded
▲ 16%
EBITDA CAGR growth
1 year
▼ 10%
3 years · compounded
▲ 21%
5 years · compounded
▲ 31%
Revenue has grown at a compounded annual rate (CAGR) of 16% over five years, including 32% growth in the latest year. EBITDA fell 10% 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 |
|---|---|---|---|---|---|
| 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 | ₹47.97 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹21.2 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 | |||||
| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
| Total Assets | |||||
Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 7.4% | ||||
| Net Profit Margin | 3.3% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
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| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Avoden Private Limited, buy the company report.
Board of directors of Avoden Private Limited
Avoden has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Narendrabhai Prahladbhai Patel | Director | 28 Nov 2017 | 8 Years 11 Months | Current |
| Pankil Narendrabhai Patel Also directs: Nirman Syntex Private Limited, Nirmal Infracon Private Limited, Nirman Realty Private Limited and 2 more | Director | 18 Sep 2013 | 13 Years 1 Months | Current |
Auditor
Avoden Private Limited is audited by D. G. PATEL & CO. for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| D. G. PATEL & CO. | FY 2022 | 113866W |
Shareholding
The shareholding of Avoden Private 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 2018 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Avoden Private Limited, buy the company report.
Charges & borrowings
Open charges
₹3.87 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 Sep 2023 | 100805723 | Others | ₹2.02 Cr | Open | |
| 27 Aug 2014 | 10538909 | Others | ₹1.85 Cr | Open |
To see the full charge records of Avoden Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
Avoden Private Limited has 22 court cases on record: 22 filed by Avoden. 10 cases are pending and 12 are disposed.
Total cases
22
Filed by the company
22
Pending
10
Disposed
12
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 22 | 0 | 10 |
Cases on record (5 of 22)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed by the company against Osia Hyper Retail Ltd and 1 other | Pending |
| District court, Ahmedabad, Gujarat | Court case (PRCPT) | Filed by the company against M/S. Genmedic Healthcare Private Limited | Disposed |
| District court, Ahmedabad, Gujarat | Court case (SMST R) | Filed by the company against M/S. Genmedic Healthcare Private Limited | Disposed |
| District court, Ahmedabad, Gujarat | Court case (PRCPT) | Filed by the company against M/S. Growthpath Solutions Pvt. Ltd. and 1 other | Disposed |
| District court, Ahmedabad, Gujarat | Court case (SMST R) | Filed by the company against M/S. Growthpath Solutions Pvt. Ltd. and 1 other | Disposed |
To see the full case history of Avoden 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
Avoden Private Limited has 2 MSME Form 1 returns on record for the period ending Mar 2019, listing 2 overdue payments to 2 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (2 of 2)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Zymo Cosmetics | |||
| an individual supplier |
To see the full MSME payment records of Avoden Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Avoden Private Limited has a workforce of 20 employees on its EPFO records as of Apr 11, 2024, across 1 active EPFO establishment.
Employee count
20
Active EPFO establishments
1
Employee growth
17.65%
GST
Avoden has 4 GST registrations: 4 active.
Total GSTINs
4
Active
4
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAECN4517C1ZX | Gujarat | Active | 01 Jul 2017 |
| 01AAECN4517C1Z5 | Jammu and Kashmir | Active | 06 Oct 2023 |
| 06AAECN4517C1ZV | Haryana | Active | 05 Apr 2024 |
| 29AAECN4517C1ZN | Karnataka | Active | 30 May 2024 |
To see the full GST registrations and return filing status of Avoden Private Limited, buy the company report.
Recent activity
Avoden Private Limited has 4 board changes on record since 2013: 2 appointments and 2 cessations. The latest: Narendrabhai Prahladbhai Patel ceased to be Additional Director on 29 Sep 2018.
Charges
A charge with Others of Rs. 2.02 Cr registered on 27 Sep 2023 with Charge ID 100805723 was modified on 15 Dec 2025.
AGM
Avoden Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Avoden Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Charges
A charge with Others amounted to Rs. 2.02 Cr with Charge ID 100805723 was registered on 27 Sep 2023.
Charges
A charge with Others of Rs. 1.85 Cr registered on 27 Aug 2014 with Charge ID 10538909 was modified on 17 Jun 2020.
Ceased
Narendrabhai Prahladbhai Patel ceased to be Additional Director.
Ceased
Navdeep Mehta ceased to be Director.
Appointed
Narendrabhai Prahladbhai Patel was appointed as Director.
Charges
A charge with Others amounted to Rs. 1.85 Cr with Charge ID 10538909 was registered on 27 Aug 2014.
Appointed
Pankil Narendrabhai Patel was appointed as Director.
Incorporation
18 Sep 2013
Avoden Private Limited was registered on 18 Sep 2013 with Roc Ahmedabad & aged 13 years 1 month as per MCA records.
Frequently asked questions
Avoden is an active private limited company based in Ahmedabad, Gujarat, India. The company works in brokerage and trading services, within the financial services industry. It was incorporated on 18 September 2013 (13+ years old) and is registered under CIN U51909GJ2013PTC076871.
Avoden has 2 current directors:
- Narendrabhai Prahladbhai Patel - Director
- Pankil Narendrabhai Patel - Director
The latest financial statements of Avoden 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 Avoden is 24AAECN4517C1ZX, registered in Gujarat. The company has 4 GST registrations in all, of which 4 are active. Other active GSTINs include 01AAECN4517C1Z5 (Jammu and Kashmir), 06AAECN4517C1ZV (Haryana), 29AAECN4517C1ZN (Karnataka).
The CIN (Corporate Identification Number) of Avoden is U51909GJ2013PTC076871. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Avoden has 22 court cases on record: 22 filed by the company. 10 are pending.
Avoden was incorporated on 18 September 2013, making it 13+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Narendrabhai Prahladbhai Patel ceased to be Additional Director on 29 Sep 2018. Navdeep Mehta ceased to be Director on 15 Jul 2018. Narendrabhai Prahladbhai Patel was appointed as Director on 28 Nov 2017. Avoden has 4 board changes on record in total.
Yes, Avoden is registered as a micro enterprise under Udyam registration (number: UDYAM-GJ-01-0016887).
Avoden has 2 MSME Form 1 returns on record for the period ending Mar 2019, listing 2 overdue payments to 2 micro and small suppliers. The latest return was filed on 08 Jun 2019.
Avoden can be reached through the website avoden.com. Its registered office is in Ahmedabad, Gujarat, India.
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