Avantika Foundation

Develops solutions for building local government capacity in Karnataka through collaboration with gram panchayats.

2012 | Bangaluru, Karnataka (India) | Active
Last Updated: December 04, 2024

Avantika Foundation Profile

Key Indicators

  • Authorised Capital ₹ 0.10 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 12 Year, 5 Months
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth 3158.05%
  • Profit Growth 116.73%
  • Ebitda 117.30%
  • Net Worth 26.83%
  • Total Assets 32.14%

About Avantika Foundation

Avantika Foundation (AF) is a Private Not For Profit Company incorporated in India on 27 August 2012 and has a history of 12 years and five months. Its registered office is in Bangaluru, Karnataka, India.

The Company is engaged in the Infrastructure And Utilities 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.

Gayatri Sriram, Ramanathan Narayanan, and Balasubramanian Kumar serve as directors at the Company.

Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U93000KA2012NPL065556

  • Company No.

    065556

  • Company Classification

    Private Not For Profit Company

  • Incorporation Date

    27 Aug 2012

  • Date of AGM

    07 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Infrastructure and Utilities

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

Board Members (3)

Name Designation Appointment Date Status
Gayatri Sriram Country flag representing In Director 29-Jun-2020 Current
Ramanathan Narayanan Country flag representing In Director 03-May-2019 Current
Balasubramanian Kumar Country flag representing In Director 20-Dec-2019 Current

Financial Performance of Avantika Foundation.

Avantika Foundation, for the financial year ended 2022, experienced significant growth in revenue, with a 3158.05% increase. The company also saw a substantial improvement in profitability, with a 116.73% increase in profit. The company's net worth Soared by an impressive increase of 26.83%.

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
3158.05%
Revenue from Operations
Total Assets
32.14%
Profit or Loss
116.73%
Net Worth
26.83%
EBITDA
117.30%

What is the Ownership and Shareholding Structure of Avantika Foundation?

In 2021, Avantika Foundation had a public 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 Avantika Foundation?

Unlock and access historical data on people associated with Avantika 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 Avantika 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 Avantika Foundation's trajectory.

Rating

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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 Avantika Foundation

Recent activity within the organization

  • Annual General Meeting

    Avantika Foundation last Annual general meeting of members was held on 07 Sep 2024 as per latest MCA records.

    07 Sep 2024

  • Balance Sheet

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

    31 Mar 2024

  • Director Appointment

    Gayatri Sriram was appointed as a Director was appointed as a Director on 29 Jun 2020 & has been associated with this company since 4 years 7 months .

    29 Jun 2020

  • Director Appointment

    Balasubramanian Arun Kumar was appointed as a Director was appointed as a Director on 20 Dec 2019 & has been associated with this company since 5 years 1 month .

    20 Dec 2019

  • Director Appointment

    Ramanathan Uthara Narayanan was appointed as a Director was appointed as a Director on 03 May 2019 & has been associated with this company since 5 years 9 months .

    03 May 2019

  • Company Incorporation

    Avantika Foundation was registered on 27 Aug 2012 with Roc Bangalore & aged 12 years 5 months as per MCA records.

    27 Aug 2012

Frequently asked questions

  • Avantika Foundation was incorporated on 27 Aug 2012.

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

  • Currently 3 directors are associated with Avantika Foundation.

    • Gayatri Sriram
    • Ramanathan Uthara Narayanan
    • Balasubramanian Arun Kumar
  • As per Ministry of Corporate Affairs (Mca), the registered address of Avantika Foundation is No.303 Hoysala Sriranga 45/1 11Thcross 3Rd Main Near Reva College Off Cbi Road Ganga Nagar, Hebbal India, Bangalore North, Karnataka, 560024.

  • The corporate identification number (CIN) of Avantika Foundation is U93000KA2012NPL065556 and the company number is 065556 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Avantika Foundation is https://www.avantikafoundation.org

  • According to the financial reports for the fiscal year 2022, the revenue trend for Avantika Foundation has risen by 3158.05%.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Avantika Foundation has experienced an upsurge of 26.83%.

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

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