Aavanti Renewable Energy Profile
Key Indicators
- Authorised Capital ₹ 0.50 M
as on 16-11-2024
- Paid Up Capital ₹ 0.18 M
as on 16-11-2024
- Company Age 13 Year, 8 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 825.84 Cr
as on 16-11-2024
- Satisfied Charges ₹ 114.85 Cr
as on 16-11-2024
- Revenue 12.41%
(FY 2023)
- Profit -154.24%
(FY 2023)
- Ebitda -31.00%
(FY 2023)
- Net Worth -3.90%
(FY 2023)
- Total Assets -11.60%
(FY 2023)
About Aavanti Renewable Energy
The Corporate was formerly known as Avanti Renewable Energy Private Limited. The Company is engaged in the Environment Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 0.50 M and a paid-up capital of Rs 0.18 M.
The company currently has active open charges totaling ₹825.84 Cr. The company has closed loans amounting to ₹114.85 Cr, as per Ministry of Corporate Affairs (MCA) records.
Esuka Purushotham and Thiyagarajan serve as directors at the Company.
- CIN/LLPIN
U40300KA2011PTC132705
- Company No.
080241
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
20 Apr 2011
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Bangalore
Industry
Company Details
- Location
Haveri, Karnataka, India
- Telephone
- Email Address
- Website
-
- Social Media-
Who are the key members and board of directors at Aavanti Renewable Energy?
Board Members(2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Esuka Purushotham  | Director | 02-Dec-2019 | Current |
| Thiyagarajan | Director | 22-Feb-2023 | Current |
Financial Performance and Corporate Structure Insights of Aavanti Renewable Energy.
Aavanti Renewable Energy Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 12.41% increase. The company also saw a substantial fall in profitability, with a 154.24% decrease in profit. The company's net worth dipped by a decrease of 3.9%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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What is the Ownership and Shareholding Structure of Aavanti Renewable Energy?
In 2023, Aavanti Renewable Energy had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Mayfair Renewable Energy (I) Private LimitedActive 13 years 5 monthsEsuka Purushotham and Thiyagarajan are mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Others Creation Date: 26 Sep 2024 | ₹307.51 Cr | Open |
Others Creation Date: 27 Mar 2024 | ₹307.51 Cr | Open |
Others Creation Date: 27 Mar 2024 | ₹105.72 Cr | Open |
How Many Employees Work at Aavanti Renewable Energy?
Unlock and access historical data on people associated with Aavanti Renewable Energy, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Aavanti Renewable Energy, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Aavanti Renewable Energy's trajectory.
Rating
Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.
Alerts
Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.
