Aavanti Renewable Energy Private Limited

Founded in 2011 and headquartered in Karnataka, India.

2011 | Haveri, Karnataka (India) | Active
Last Updated:

Aavanti Renewable Energy Profile

Key Indicators

  • Authorised Capital ₹ 0.50 M
  • Paid Up Capital ₹ 0.18 M
  • Company Age 13 Year, 11 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 825.84 Cr
  • Satisfied Charges ₹ 114.85 Cr
  • Revenue Growth 12.41%
  • Profit Growth -154.24%
  • Ebitda -31.00%
  • Net Worth -3.90%
  • Total Assets -11.60%

About Aavanti Renewable Energy

Aavanti Renewable Energy Private Limited (AREPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 20 April 2011 and has a history of 13 years and 11 months. Its registered office is in Haveri, Karnataka, India.

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.

Company Details

  • Location

    Haveri, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • 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

Environment

Who are the key members and board of directors at Aavanti Renewable Energy?

Board Members (2)

NameDesignationAppointment DateStatus
Esuka Purushotham Country flag representing In Director 02-Dec-2019Current
Thiyagarajan Country flag representing In Director 22-Feb-2023Current

Financial Performance 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%.

Aavanti Renewable Energy revenue growth over time
Aavanti Renewable Energy profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
12.41%
Revenue from Operations
10.94%
Total Assets
-11.60%
Profit or Loss
-154.24%
Net Worth
-3.90%
EBITDA
-31.00%

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.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹8,258.40 M

Satisfied Charges

₹1,148.50 M

Charges Breakdown by Lending Institutions

  • Others : 825.84 Cr

Latest Charge Details

DateLenderAmountStatus
26 Sep 2024Others₹307.51 CrOpen
27 Mar 2024Others₹307.51 CrOpen
27 Mar 2024Others₹105.72 CrOpen
27 Mar 2024Others₹95.67 CrOpen
27 Mar 2024Others₹9.43 CrOpen

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.

Employee growth trends for Aavanti Renewable Energy Private Limited

Deals i

Graph showing company valuation over time

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

Graph displaying rating trends over time

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

Alert Indicator

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.

Latest Updates, News, and FAQs on Aavanti Renewable Energy

Recent activity within the organization

  • Annual General Meeting

    Aavanti Renewable Energy Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Charges

    A charge with Others of Rs. 3,075.10 M registered on 27 Mar 2024 with Charge ID 100904128 was modified on 27 Sep 2024.

  • Charges

    A charge with Others amounted to Rs. 3,075.10 M with Charge ID 100992608 was registered on 26 Sep 2024.

  • Charges

    A charge registered on 31 Mar 2022 via Charge ID 100570104 with Indian Overseas Bank was fully satisfied on 07 Aug 2024.

  • Charges

    A charge registered on 30 Mar 2021 via Charge ID 100458931 with Indian Overseas Bank was fully satisfied on 07 Aug 2024.

  • Charges

    A charge registered on 31 Oct 2017 via Charge ID 100137975 with Indian Overseas Bank was fully satisfied on 07 Aug 2024.

Frequently asked questions

  • What is the Incorporation or founding date of Aavanti Renewable Energy Private Limited?

    Aavanti Renewable Energy Private Limited was incorporated on 20 Apr 2011.

  • What is authorized share capital and paid-up capital of Aavanti Renewable Energy Private Limited?

    The authorized share capital of Aavanti Renewable Energy Private Limited is ₹ 0.50 M and paid-up capital is ₹ 0.18 M.

  • Who are the current board members & directors of Aavanti Renewable Energy Private Limited?

    Currently 2 directors are associated with Aavanti Renewable Energy Private Limited.

    • Esuka Srinivasulu Purushotham
    • Thiyagarajan

  • What is the registered address of Aavanti Renewable Energy Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Aavanti Renewable Energy Private Limited is No.2898/2 1St Floor Ward No.5 Bus Stand Road, India, Shiggaon, Karnataka, 581205.

  • What is the corporate identification number (CIN) and company number of Aavanti Renewable Energy Private Limited?

    The corporate identification number (CIN) of Aavanti Renewable Energy Private Limited is U40300KA2011PTC132705 and the company number is 080241 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for Aavanti Renewable Energy Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Aavanti Renewable Energy Private Limited has risen by 12.41%.

  • What change has been observed in the net worth of Aavanti Renewable Energy Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Aavanti Renewable Energy Private Limited has experienced an downturn of -3.90%.

  • What are the total open charges for Aavanti Renewable Energy Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Aavanti Renewable Energy Private Limited amount to ₹ 825.84 Cr.

  • When was the last Balance Sheet of Aavanti Renewable Energy Private Limited filed with the ROC?

    The most recent Balance Sheet for Aavanti Renewable Energy Private Limited was filed with the ROC on 31 Mar 2024.

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