About Azven Realty Ventures Private Limited
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Azven Realty Ventures Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 08 September 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U70102KA2011PTC060316. Its GSTIN is 29AAJCA8475F1Z8 (Karnataka).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Azco Homes Private Limited. It is led by directors Alok Kumar Singh (Managing Director) and Vivekananda Revaiah.
Its last annual general meeting (AGM) was held on 31 December 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at Bangalore, Karnataka.
As per the financials filed for FY 2023, the company reported a revenue of ₹3.06 Cr, a growth of 34% compared to the previous year. For the same year it recorded a net profit of ₹26.99 Lakh (net margin 8.8%) and EBITDA of ₹37.26 Lakh (EBITDA margin 12.2%). Revenue has declined at a compounded annual rate (CAGR) of 11% over three years and 2% over five years.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website azvenrealty.com.
Company details
Contact details
Azven Realty Ventures Private Limited's registered office is in Bangalore, Karnataka. Its website is azvenrealty.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address1069 11th Main, Hal 2nd Stage Indiranagar, Bangalore, Karnataka, India – 560038
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Azven Realty Ventures 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 Azven Realty Ventures 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 Azven Realty Ventures Private Limited, buy the company report.
Financials of Azven Realty Ventures Private Limited
FY 2023 filings availableAzven Realty Ventures Private Limited reported revenue of ₹3.06 Cr (up 34% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue rose 34% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 2%. EBITDA rose 301% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| EBITDA | ₹37.26 Lakh | ||||
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| Net Profit (PAT) | ₹26.99 Lakh | ||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| EBITDA Margin | 12.2% | ||||
| Net Profit Margin | 8.8% | ||||
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To see the full financial statements and ratios of Azven Realty Ventures Private Limited, buy the company report.
Board of directors of Azven Realty Ventures Private Limited
Azven Realty Ventures 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 |
|---|---|---|---|---|
| Vivekananda Revaiah Also directs: Rushmore Prime LLP, R Prime Buildtech Construction LLP, Azven Land Mysore LLP and 5 more | Additional Director | 31 Mar 2025 | 1 Years 7 Months | Current |
| Alok Kumar Singh Also directs: Rushmore Prime LLP, Rushmore Estates Private Limited, Exd Five Rings Private Limited and 2 more | Managing Director | 10 Feb 2012 | 14 Years 8 Months | Current |
Auditor
Azven Realty Ventures Private Limited is audited by C.P.ETHIRAJAN for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| C.P.ETHIRAJAN | FY 2021 | 009829 |
Shareholding
The shareholding of Azven Realty Ventures 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 2017 | FY 2016 |
|---|---|---|---|---|---|
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To see the full shareholding pattern of Azven Realty Ventures Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Azven Realty Ventures Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Azven Realty Ventures Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Azven Realty Ventures has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAJCA8475F1Z8 | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Azven Realty Ventures Private Limited, buy the company report.
Recent activity
Azven Realty Ventures Private Limited has 6 board changes on record since 2012: 2 appointments and 4 cessations. The latest: Vivekananda Revaiah was appointed as Additional Director on 31 Mar 2025.
Frequently asked questions
Azven Realty Ventures is an active private limited company based in Bangalore, Karnataka, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 08 September 2011 (15+ years old) and is registered under CIN U70102KA2011PTC060316.
Azven Realty Ventures has 2 current directors:
- Alok Kumar Singh - Managing Director
- Vivekananda Revaiah - Additional Director
The latest financial statements of Azven Realty Ventures on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 31 December 2023. Year-wise statements from 2015 are in the company report.
The GSTIN of Azven Realty Ventures is 29AAJCA8475F1Z8, registered in Karnataka.
The CIN (Corporate Identification Number) of Azven Realty Ventures is U70102KA2011PTC060316. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Azven Realty Ventures was incorporated on 08 September 2011, making it 15+ years old. It is registered with the Registrar of Companies, Bangalore.
Vivekananda Revaiah was appointed as Additional Director on 31 Mar 2025. Alok Kumar Singh ceased to be Director on 01 Jan 2013. Manish Madhukar ceased to be Additional Director on 07 Sep 2012. Azven Realty Ventures has 6 board changes on record in total.
Azven Realty Ventures can be reached through the website azvenrealty.com. Its registered office is in Bangalore, Karnataka, India.
The registered office of Azven Realty Ventures is at 1069 11th Main, Hal 2nd Stage Indiranagar, Bangalore, Karnataka, India – 560038.
Azven Realty Ventures operates in the real estate and construction industry, in the real estate builders and developers segment.
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