About Prestige Avenues Limited
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Prestige Avenues Limited is a public limited company based in Hyderabad, Andhra Pradesh, India. It operates in the general construction services segment of the infrastructure and utilities sector. It was incorporated on 28 September 2004 and has been in existence for over 22 years.
The company is registered with the Registrar of Companies (ROC), Vijayawada, under CIN U45200AP2004PLC044273. The company has 2 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹6 Cr and a paid-up capital of ₹3.7 Cr. It is led by directors including Mandava Venkateswara Rao (Managing Director) and Annavarapu Hari Hara Nath.
Its last annual general meeting (AGM) was held on 30 September 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office is at 4th Floor Tirumala Estates 3 – 6 – 262 Himayatnagar, Hyderabad, Andhra Pradesh, India – 500029.
As per the financials filed for FY 2017, the company reported a revenue of ₹47.2 Lakh, a decline of 39% compared to the previous year. For the same year it recorded a net loss of ₹13.11 Lakh (net margin -27.8%) and EBITDA of -₹11.62 Lakh (EBITDA margin -24.6%). Revenue has declined at a compounded annual rate (CAGR) of 3% over three years and 34% over five years.
As per MCA filings, the company has open charges of ₹7.5 Cr and satisfied charges of ₹10 Cr on record. Court records list 36 cases involving the company, including 6 filed by the company and 30 filed against it; 6 cases are pending.
The current compliance status is marked as active non-compliant by the Registrar of Companies. For more details, the company can be reached via its website prestigeavenues.com.
Company details
CIN history
Prestige Avenues has one previous CIN (Corporate Identification Number): U45200AP2004PTC044273. The current CIN is U45200AP2004PLC044273, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U45200AP2004PLC044273 | Current |
| U45200AP2004PTC044273 | Previous |
Contact details
Prestige Avenues Limited's registered office is in Hyderabad, Andhra Pradesh. Its website is prestigeavenues.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address4th Floor Tirumala Estates 3 – 6 – 262 Himayatnagar, Hyderabad, Andhra Pradesh, India – 500029
- IndustryInfrastructure and Utilities, General Construction Services
To see the full contact details of Prestige Avenues 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
Financials of Prestige Avenues Limited
FY 2017 filings availablePrestige Avenues Limited reported revenue of ₹47.2 Lakh (down 39% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 34% over five years, including a 39% fall 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 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | |||
| Other Income | |||
| Total Revenue | ₹47.2 Lakh | ||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | -₹11.62 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹13.11 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 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | -24.6% | ||
| Net Profit Margin | -27.8% | ||
| 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 | |||
To see the full financial statements and ratios of Prestige Avenues Limited, buy the company report.
Board of directors of Prestige Avenues Limited
Prestige Avenues has 11 current directors and 28 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pathakothachervu Surendra | Additional Director | 06 Apr 2012 | 14 Years 6 Months | Current |
| Sitendranarayan Mahendranarayan Rai | Additional Director | 10 Jun 2008 | 18 Years 4 Months | Current |
| Annavarapu Hari Hara Nath | Director | 30 Sep 2007 | 19 Years 0 Months | Current |
| Mandava Venkata Lakshman Kumar | Director | 30 Sep 2007 | 19 Years 0 Months | Current |
| Nallam Chanukya | Director | 30 Sep 2007 | 19 Years 0 Months | Current |
| Ramanjineyulu Ramadurgam | Additional Director | 13 Sep 2016 | 10 Years 1 Months | Current |
Auditor
Prestige Avenues Limited is audited by V DURGA PRASAD & ASSOCIATES for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| V DURGA PRASAD & ASSOCIATES | FY 2017 | 017436S |
Shareholding
The shareholding of Prestige Avenues Limited is on record for 3 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Prestige Avenues Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 07 Mar 2006 | 80029879 | Uti Bank Limited | ₹2.5 Cr | Open | |
| 07 Mar 2006 | 80029880 | Uti Bank Limited | ₹2.5 Cr | Open | |
| 07 Jul 2005 | 90259134 | Phoenix Arc Private Limited | ₹2.5 Cr | Open | |
| 13 Jun 2007 | 10058505 | Others | ₹7.5 Cr | Satisfied | |
| 07 Mar 2006 | 80029878 | Uti Bank Limited | ₹2.5 Cr | Satisfied |
To see the full charge records of Prestige Avenues Limited, buy the company report.
Total charge records: 5 View all charges
Legal cases
Prestige Avenues Limited has 36 court cases on record: 6 filed by Prestige Avenues, 30 filed against it. 6 cases are pending and 30 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 19 | 18 | 3 |
| High courts | 17 | 12 | 3 |
Cases on record (5 of 36)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, TELANGANA | Company petition | Filed against the company by M/S Infiniti Retail Limited | Pending |
| High Court, TELANGANA | Writ petition | Filed against the company by M/S. Ocean Park Multi Tech Limited Company Rep. by Dr. K.B. | Disposed |
| High Court, TELANGANA | Arbitration matter | Filed against the company by Infiniti Retail Limited, | Disposed |
| High Court of Karnataka | Interim or miscellaneous application | Filed by the company against M/S Prestige Estates Projects P Ltd | Disposed |
| High Court of Karnataka | Court case (MFA) | Filed by the company against M/S Prestige Estates Projects P Ltd | Disposed |
To see the full case history of Prestige Avenues 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 Prestige Avenues Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Prestige Avenues has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Prestige Avenues Limited, buy the company report.
Recent activity
Prestige Avenues Limited has 39 board changes on record since 2004: 11 appointments and 28 cessations. The latest: Kalyan Chandra Sekhar Seru was appointed as Director on 27 Sep 2025.
40 earlier events are in the company report.
Frequently asked questions
Prestige Avenues is an active public limited company based in Hyderabad, Andhra Pradesh, India. The company works in general construction services, within the infrastructure and utilities industry. It was incorporated on 28 September 2004 (22+ years old) and is registered under CIN U45200AP2004PLC044273.
Prestige Avenues has 11 current directors:
- Mandava Venkateswara Rao - Managing Director
- Pathakothachervu Surendra - Additional Director
- Sitendranarayan Mahendranarayan Rai - Additional Director
- Annavarapu Hari Hara Nath - Director
- Mandava Venkata Lakshman Kumar - Director
- Nallam Chanukya - Director
- Ramanjineyulu Ramadurgam - Additional Director
- Pathi Raj Gopal - Director
- Shimoga Gopalakrishna Ramesh Babu - Director
- Bachala Veeranna Raja - Director
- Kalyan Chandra Sekhar Seru - Director
The latest financial statements of Prestige Avenues on record with the MCA are for the year ended 31 March 2017. Its last annual general meeting was held on 30 September 2017. Year-wise statements from 2015 are in the company report.
No. Prestige Avenues has 2 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of Prestige Avenues is U45200AP2004PLC044273. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Prestige Avenues has 36 court cases on record: 6 filed by the company and 30 filed against it. 6 are pending. Most are in the district courts.
Prestige Avenues was incorporated on 28 September 2004, making it 22+ years old. It is registered with the Registrar of Companies, Vijayawada.
Kalyan Chandra Sekhar Seru was appointed as Director on 27 Sep 2025. Maddula Sunil Gupta ceased to be Director on 19 Oct 2016. Chavva Krishnaiah ceased to be Director on 17 Oct 2016. Prestige Avenues has 39 board changes on record in total.
Prestige Avenues can be reached through the website prestigeavenues.com. Its registered office is in Hyderabad, Andhra Pradesh, India.
The registered office of Prestige Avenues is at 4th Floor Tirumala Estates 3 – 6 – 262 Himayatnagar, Hyderabad, Andhra Pradesh, India – 500029.