Avatar Constructions Private Limited

Constructs buildings and is a subsidiary of Marg Limited, established in 2007 in Chennai.

2007 | Chennai, Tamil Nadu (India) | Active
Last Updated: December 19, 2024

Avatar Constructions Profile

Key Indicators

  • Authorised Capital ₹ 0.10 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 17 Year, 11 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 951.13 Cr
  • Satisfied Charges ₹ 350.00 Cr
  • Revenue Growth %
  • Profit Growth 38.54%
  • Ebitda 38.54%
  • Net Worth -0.05%
  • Total Assets %

About Avatar Constructions

Avatar Constructions Private Limited (ACPL) is a Private Limited Indian Non-Government Company incorporated in India on 16 March 2007 and has a history of 17 years and 11 months. Its registered office is in Chennai, Tamil Nadu, 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 2023. 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.

The company currently has active open charges totaling ₹951.13 Cr. The company has closed loans amounting to ₹350.00 Cr, as per Ministry of Corporate Affairs (MCA) records.

Ravi Rajagopal and Desinng Rajendran serve as directors at the Company.

Company Details

  • Location

    Chennai, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    marggroup.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U45209TN2007PTC062748

  • Company No.

    062748

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    16 Mar 2007

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Infrastructure and Utilities

Who are the key members and board of directors at Avatar Constructions?

Board Members (2)

NameDesignationAppointment DateStatus
Ravi Rajagopal Country flag representing In Additional Director 20-Oct-2016Current
Desinng Rajendran Country flag representing In Director 20-Mar-2019Current

Financial Performance of Avatar Constructions.

Avatar Constructions Private Limited, for the financial year ended 2022, experienced no change in revenue, with a 0% increase. The company also saw a substantial improvement in profitability, with a 38.54% increase in profit. The company's net worth dipped by a decrease of 0.05%.

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
Profit or Loss
38.54%
Net Worth
-0.05%
EBITDA
38.54%

What is the Ownership and Shareholding Structure of Avatar Constructions?

In 2021, Avatar Constructions 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

₹9,511.30 M

Satisfied Charges

₹3,500.00 M

Charges Breakdown by Lending Institutions

  • Others : 900.00 Cr
  • Edelweiss Asset Reconstruction Company Limited : 41.13 Cr
  • Ifci Venture Capital Funds Limited : 10.00 Cr

Latest Charge Details

DateLenderAmountStatus
23 Jan 2012Ifci Venture Capital Funds Limited₹10.00 CrOpen
20 Nov 2009Others₹900.00 CrOpen
30 Jan 2009Edelweiss Asset Reconstruction Company Limited₹41.13 CrOpen
09 Jul 2009Indian Bank₹200.00 CrSatisfied
31 Dec 2008Indian Bank₹100.00 CrSatisfied

How Many Employees Work at Avatar Constructions?

Unlock and access historical data on people associated with Avatar Constructions, 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 Avatar Constructions, 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 Avatar Constructions'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 Avatar Constructions

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2023

  • Balance Sheet

    Avatar Constructions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chennai.

    31 Mar 2023

  • Director Appointment

    Desinng Kumar Rajendran was appointed as a Director was appointed as a Director on 20 Mar 2019 & has been associated with this company since 5 years 11 months .

    20 Mar 2019

  • Director Appointment

    Ravi Rajagopal was appointed as a Additional Director was appointed as a Additional Director on 20 Oct 2016 & has been associated with this company since 8 years 4 months .

    20 Oct 2016

  • Charges

    A charge with Others of Rs. 9,000.00 M registered on 20 Nov 2009 with Charge ID 10185772 was modified on 29 Mar 2016.

    29 Mar 2016

  • Charges

    A charge with Edelweiss Asset Reconstruction Company Limited of Rs. 411.30 M registered on 30 Jan 2009 with Charge ID 10144388 was modified on 30 Sep 2014.

    30 Sep 2014

Recent News, Updates & Announcement

Frequently asked questions

  • Avatar Constructions Private Limited was incorporated on 16 Mar 2007.

  • The authorized share capital of Avatar Constructions Private Limited is ₹ 0.10 M and paid-up capital is ₹ 0.10 M.

  • Currently 2 directors are associated with Avatar Constructions Private Limited.

    • Ravi Rajagopal
    • Desinng Kumar Rajendran
  • As per Ministry of Corporate Affairs (Mca), the registered address of Avatar Constructions Private Limited is Sri Sai Subhodhaya Apartments No.57/2B East Coast Road, Thiruvanmiyur India, Chennai, Tamil Nadu, 600041.

  • The corporate identification number (CIN) of Avatar Constructions Private Limited is U45209TN2007PTC062748 and the company number is 062748 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Avatar Constructions Private Limited is https://www.marggroup.com

  • The financial reports for the fiscal year 2022 indicates that The net worth of Avatar Constructions Private Limited has experienced an downturn of -0.05%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Avatar Constructions Private Limited amount to ₹ 951.13 Cr.

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

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