Avan Fortunes Private Limited

Manufactures LAM coke, trades raw minerals, handles cargo, and provides services.

2014 | Jajapur, Odisha (India) | Active
Last Updated: October 24, 2024

Avan Fortunes Profile

Key Indicators

  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 10 Year, 11 Months
  • Last Filing with ROC 31 Mar 2023
  • Revenue Growth %
  • Profit Growth -112.65%
  • Ebitda -109.36%
  • Net Worth -7.50%
  • Total Assets -39.70%

About Avan Fortunes

Avan Fortunes Private Limited (AFPL) is a Private Limited Indian Non-Government Company incorporated in India on 28 February 2014 and has a history of Ten years and 11 months. Its registered office is in Jajapur, Odisha, India.

The Corporate was formerly known as Avanti Coke Private Limited. The Company is engaged in the Metals And Minerals Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 1.00 M and a paid-up capital of Rs 0.10 M, as per Ministry of Corporate Affairs (MCA) records.

Ratnakar Senapati, Ajay Sharma, and Abhishek Kedia serve as directors at the Company.

Company Details

  • Location

    Jajapur, Odisha, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    avanfortunes.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U23100OR2014PTC017875

  • Company No.

    017875

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    28 Feb 2014

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Cuttack

Industry

Metals and Minerals

Who are the key members and board of directors at Avan Fortunes?

Executive Team (1)

Name Designation Appointment Date Status
Ratnakar Senapati Country flag representing In Managing Director 28-Feb-2014 Current

Board Members (2)

Name Designation Appointment Date Status
Ajay Sharma Country flag representing In Director 28-Feb-2014 Current
Abhishek Kedia Country flag representing In Director 28-Feb-2014 Current

Financial Performance of Avan Fortunes.

Avan Fortunes Private Limited, for the financial year ended 2023, experienced no change in revenue, with a 0% increase. The company also saw a substantial fall in profitability, with a 112.65% decrease in profit. The company's net worth dipped by a decrease of 7.5%.

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
Revenue from Operations
Total Assets
-39.70%
Profit or Loss
-112.65%
Net Worth
-7.50%
EBITDA
-109.36%

What is the Ownership and Shareholding Structure of Avan Fortunes?

In 2023, Avan Fortunes 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 Avan Fortunes?

Unlock and access historical data on people associated with Avan Fortunes, 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 Avan Fortunes, 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 Avan Fortunes'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 Avan Fortunes

Recent activity within the organization

  • Annual General Meeting

    Avan Fortunes Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Avan Fortunes Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Cuttack.

    31 Mar 2023

  • Director Appointment

    Ratnakar Senapati was appointed as a Managing Director was appointed as a Managing Director on 28 Feb 2014 & has been associated with this company since 10 years 11 months .

    28 Feb 2014

  • Director Appointment

    Ajay Sharma was appointed as a Director was appointed as a Director on 28 Feb 2014 & has been associated with this company since 10 years 11 months .

    28 Feb 2014

  • Director Appointment

    Abhishek Kedia was appointed as a Director was appointed as a Director on 28 Feb 2014 & has been associated with this company since 10 years 11 months .

    28 Feb 2014

  • Company Incorporation

    Avan Fortunes Private Limited was registered on 28 Feb 2014 with Roc Cuttack & aged 10 years 11 months as per MCA records.

    28 Feb 2014

Frequently asked questions

  • Avan Fortunes Private Limited was incorporated on 28 Feb 2014.

  • The authorized share capital of Avan Fortunes Private Limited is ₹ 1.00 M and paid-up capital is ₹ 0.10 M.

  • Currently 3 directors are associated with Avan Fortunes Private Limited.

    • Ratnakar Senapati
    • Ajay Sharma
    • Abhishek Kedia
  • As per Ministry of Corporate Affairs (Mca), the registered address of Avan Fortunes Private Limited is Patharpada, Panikoili India, Jajpur, Orissa, 755043.

  • The corporate identification number (CIN) of Avan Fortunes Private Limited is U23100OR2014PTC017875 and the company number is 017875 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Avan Fortunes Private Limited is https://www.avanfortunes.com

  • The financial reports for the fiscal year 2023 indicates that The net worth of Avan Fortunes Private Limited has experienced an downturn of -7.50%.

  • The most recent Balance Sheet for Avan Fortunes Private Limited was filed with the ROC on 31 Mar 2023.