Avante Spaces Profile
Key Indicators
- Authorised Capital ₹ 115.00 Cr
- Paid Up Capital ₹ 35.23 Cr
- Company Age 4 Year, 6 Months
- Last Filing with ROC 31 Mar 2024
- Satisfied Charges ₹ 120.00 Cr
- Revenue Growth -94.74%
- Profit Growth 13.59%
- Ebitda 28.29%
- Net Worth -3.16%
- Total Assets 52.44%
About Avante Spaces
Avante Spaces Limited (ASL) is a Public Limited Indian Non-Government Company incorporated in India on 17 July 2020 (Four years and six months 16 days old ). Its registered office is in Pune, Maharashtra, India.
The Corporate was formerly known as Wellness Space Developers Private Limited. The Company is engaged in the Real Estate And Construction 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 115.00 Cr and a paid-up capital of Rs 35.23 Cr.
The company has closed loans amounting to ₹120.00 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Avante Spaces Limited India are Anandh Baheti as CFO and Pratiksha Kadam as Company Secretary. Satish Jamdar, Vinesh Jairath, Tejas Deshpande, and Two other members serve as directors at the Company.
Company Details
- Location
Pune, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U45202PN2020PLC192070
- Company No.
192070
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
17 Jul 2020
- Date of AGM
28 May 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Pune
Industry
Who are the key members and board of directors at Avante Spaces?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Vinesh Jairath  | Managing Director | 19-Dec-2020 | Current |
| Anandh Baheti | CFO | 30-Jun-2023 | Current |
| Pratiksha Kadam | Company Secretary | 30-Jun-2023 | Current |
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Tejas Deshpande | Director | 19-Dec-2020 | Current |
| Swati Salgaocar | Director | 08-Mar-2021 | Current |
| Satish Jamdar | Director | 19-Dec-2020 | Current |
| Gauri Kirloskar | Director | 19-Dec-2020 | Current |
Financial Performance of Avante Spaces.
Avante Spaces Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 94.74% decrease. The company also saw a substantial improvement in profitability, with a 13.59% increase in profit. The company's net worth dipped by a decrease of 3.16%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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What is the Ownership and Shareholding Structure of Avante Spaces?
In 2023, Avante Spaces 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)
Kirloskar Pneumatic Company LimitedTejas Deshpande is a mutual person
Kirloskar Oil Engines LimitedSatish Jamdar, Vinesh Jairath and 1 more are mutual person
Godrej And Boyce Manufacturing Company LimitedGauri Kirloskar is a mutual person
Snow Leopard Global Technology- Iii LlpGauri Kirloskar is a mutual person
Sahyadri Hospitals Private LimitedVinesh Jairath is a mutual person
Arka Fincap LimitedGauri Kirloskar is a mutual person
Charges (Loans)
₹0
₹120.00 Cr
Charges Breakdown by Lending Institutions
- Others : 120.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 30 Jun 2022 | Others | ₹120.00 Cr | Satisfied |
How Many Employees Work at Avante Spaces?
Avante Spaces has a workforce of 15 employees as of Apr 04, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Avante Spaces, 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 Avante Spaces'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.
