Avaada Foundation

Promotes education, skills, and rights for underprivileged communities to improve their standard of living.

2018 | Mumbai, Maharashtra (India) | Active
Last Updated: December 23, 2024

Avaada Foundation Profile

Key Indicators

  • Authorised Capital ₹ 0.10 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 6 Year, 8 Months
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth 32.13%
  • Profit Growth 2519.91%
  • Ebitda 2045.02%
  • Net Worth 1546.20%
  • Total Assets 106.39%

About Avaada Foundation

Avaada Foundation (AF) is a Private Not For Profit Company incorporated in India on 18 May 2018 (Six years and eight months 16 days old ). Its registered office is in Mumbai, Maharashtra, India.

The Company is engaged in the Service 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 0.10 M and a paid-up capital of Rs 0.10 M, as per Ministry of Corporate Affairs (MCA) records.

Jay Shukla, Ritu Patwari, and Sindoor Mittal serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U93090MH2018NPL309597

  • Company No.

    309597

  • Company Classification

    Private Not For Profit Company

  • Incorporation Date

    18 May 2018

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Service

Who are the key members and board of directors at Avaada Foundation?

Board Members (3)

Name Designation Appointment Date Status
Jay Shukla Country flag representing In Director 27-Aug-2018 Current
Ritu Patwari Country flag representing In Director 20-May-2024 Current
Sindoor Mittal Country flag representing In Director 18-May-2018 Current

Financial Performance of Avaada Foundation.

Avaada Foundation, for the financial year ended 2022, experienced significant growth in revenue, with a 32.13% increase. The company also saw a substantial improvement in profitability, with a 2519.91% increase in profit. The company's net worth Soared by an impressive increase of 1546.2%.

Graph illustrating revenue growth over time
Graph showing 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
32.13%
Revenue from Operations
31.99%
Total Assets
106.39%
Profit or Loss
2519.91%
Net Worth
1546.20%
EBITDA
2045.02%

What is the Ownership and Shareholding Structure of Avaada Foundation?

In 2021, Avaada Foundation 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)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Avaada Foundation?

Unlock and access historical data on people associated with Avaada Foundation, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Avaada Foundation, 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 Avaada Foundation'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 Avaada Foundation

Recent activity within the organization

  • Annual General Meeting

    Avaada Foundation last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Director Appointment

    Ritu Patwari was appointed as a Director was appointed as a Director on 20 May 2024 & has been associated with this company since 8 months 13 days .

    20 May 2024

  • Balance Sheet

    Avaada Foundation has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

    31 Mar 2024

  • Director Appointment

    Jay Shankar Shukla was appointed as a Director was appointed as a Director on 27 Aug 2018 & has been associated with this company since 6 years 5 months .

    27 Aug 2018

  • Director Appointment

    Sindoor Vineet Mittal was appointed as a Director was appointed as a Director on 18 May 2018 & has been associated with this company since 6 years 8 months .

    18 May 2018

  • Company Incorporation

    Avaada Foundation was registered on 18 May 2018 with Roc Mumbai & aged 6 years 8 months as per MCA records.

    18 May 2018

Recent News, Updates & Announcement

Frequently asked questions

  • Avaada Foundation was incorporated on 18 May 2018.

  • The authorized share capital of Avaada Foundation is ₹ 0.10 M and paid-up capital is ₹ 0.10 M.

  • Currently 3 directors are associated with Avaada Foundation.

    • Jay Shankar Shukla
    • Ritu Patwari
    • Sindoor Vineet Mittal
  • As per Ministry of Corporate Affairs (Mca), the registered address of Avaada Foundation is 406 4Th Floor Hubtown Solaris N. S. Phadke Marg Andheri (East), India, Mumbai, Maharashtra, 400069.

  • The corporate identification number (CIN) of Avaada Foundation is U93090MH2018NPL309597 and the company number is 309597 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Avaada Foundation is https://www.avaadaenergy.com

  • According to the financial reports for the fiscal year 2022, the revenue trend for Avaada Foundation has risen by 32.13%.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Avaada Foundation has experienced an upsurge of 1546.20%.

  • The most recent Balance Sheet for Avaada Foundation was filed with the ROC on 31 Mar 2024.

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