Avendus Finance Private Limited

Provides financing products and services in various areas of financial services through its subsidiaries.

1996 | Mumbai, Maharashtra (India) | Active
Last Updated:

Avendus Finance Profile

Key Indicators

  • Authorised Capital ₹ 525.00 Cr
  • Paid Up Capital ₹ 497.56 Cr
  • Company Age 28 Year, 11 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 842.50 Cr
  • Satisfied Charges ₹ 1,530.10 Cr
  • Revenue Growth 20.68%
  • Profit Growth 65.97%
  • Ebitda 22.66%
  • Net Worth 5.80%
  • Total Assets -8.04%

About Avendus Finance

Avendus Finance Private Limited (AFPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 15 May 1996 and has a history of 28 years and 11 months. Its registered office is in Mumbai, Maharashtra, India.

The Corporate was formerly known as Pacific Hire-Purchase Private Limited. The Company is engaged in the Financial Services 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 525.00 Cr and a paid-up capital of Rs 497.56 Cr.

The company currently has active open charges totaling ₹842.50 Cr. The company has closed loans amounting to ₹1,530.10 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Avendus Finance Private Limited India are Radhika Parmanandka as Company Secretary, Nilesh Dhedhi as Ceo, and Mr Kamath as Cfo. Nikhilesh Panchal, Gaurav Deepak, Padmaja Ruparel, and Five other members serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U65921MH1996PTC251407

  • Company No.

    251407

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    15 May 1996

  • Date of AGM

    30 Aug 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Financial Services
Company report

Avendus Finance Private Limited

Explore comprehensive data for Avendus Finance Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Avendus Finance?

Executive Team (3)

NameDesignationAppointment DateStatus
Radhika Parmanandka Company Secretary12-Jul-2019Current
Nilesh Dhedhi CEO21-Jun-2023Current
Mr Kamath Country flag representing In CFO13-Nov-2019Current

Board Members (7)

NameDesignationAppointment DateStatus
Padmaja Ruparel Country flag representing In Director 27-Feb-2020Current
Gaurav Deepak Country flag representing In Director 24-Dec-2020Current
Nikhilesh Panchal Country flag representing In Director 29-Mar-2023Current
Apurva Sahijwani Country flag representing In Director 03-Jul-2024Current
Suresh Menon Country flag representing In Director 13-Apr-2017Current
Kaushal Aggarwal Country flag representing In Director 17-Jan-2013Current

Financial Performance of Avendus Finance.

Avendus Finance Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 20.68% increase. The company also saw a substantial improvement in profitability, with a 65.97% increase in profit. The company's net worth moved up by a moderate rise of 5.8%.

Avendus Finance revenue growth over time
Avendus Finance 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
20.68%
Revenue from Operations
22.83%
Total Assets
-8.04%
Profit or Loss
65.97%
Net Worth
5.80%
EBITDA
22.66%

What is the Ownership and Shareholding Structure of Avendus Finance?

In 2023, Avendus Finance 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

₹842.50 Cr

Satisfied Charges

₹1,530.10 Cr

Charges Breakdown by Lending Institutions

  • Others : 750.50 Cr
  • Tata Capital Financial Services Limited : 62.00 Cr
  • Axis Bank Limited : 30.00 Cr

Latest Charge Details

DateLenderAmountStatus
08 Jan 2025Others₹25.00 CrOpen
26 Sep 2024Others₹25.00 CrOpen
02 Sep 2024Others₹50.00 CrOpen
08 Aug 2024Others₹75.00 CrOpen
02 Aug 2024Others₹25.00 CrOpen

How Many Employees Work at Avendus Finance?

Avendus Finance has a workforce of 32 employees as of Apr 05, 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.

Employee growth trends for Avendus Finance Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Avendus Finance, 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 Avendus Finance'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 Avendus Finance

Recent activity within the organization

  • Charges

    A charge registered on 27 Jan 2022 via Charge ID 100536290 with Others was fully satisfied on 13 Feb 2025.

  • Charges

    A charge with Others amounted to Rs. 25.00 Cr with Charge ID 101029661 was registered on 08 Jan 2025.

  • Charges

    A charge registered on 06 Dec 2021 via Charge ID 100516151 with Indian Bank was fully satisfied on 10 Dec 2024.

  • Charges

    A charge registered on 26 Aug 2021 via Charge ID 100480424 with Dhanlaxmi Bank Limited was fully satisfied on 03 Oct 2024.

  • Charges

    A charge with Others amounted to Rs. 25.00 Cr with Charge ID 101019192 was registered on 26 Sep 2024.

  • Charges

    A charge with Others amounted to Rs. 50.00 Cr with Charge ID 100980297 was registered on 02 Sep 2024.

Recent News, Updates & Announcement

Frequently asked questions

  • What is the Incorporation or founding date of Avendus Finance Private Limited?

    Avendus Finance Private Limited was incorporated on 15 May 1996.

  • What is authorized share capital and paid-up capital of Avendus Finance Private Limited?

    The authorized share capital of Avendus Finance Private Limited is ₹ 525.00 Cr and paid-up capital is ₹ 497.56 Cr.

  • Who are the current board members & directors of Avendus Finance Private Limited?

    Currently 11 directors are associated with Avendus Finance Private Limited.

    • Nikhilesh Natwarlal Panchal
    • Gaurav Deepak
    • Padmaja Shailen Ruparel
    • Apurva Doulat Sahijwani
    • Suresh Shanker Menon
    • Kaushal Kumar Aggarwal
    • Pijush Sinha
    • Radhika Santosh Parmanandka
    • Nilesh Dhedhi
    • Nilesh Dhedhi
    • Mr Sameer Kamath

  • What is the registered address of Avendus Finance Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Avendus Finance Private Limited is 901 Platina 9Th Floor Plot No. C-59, Bandra Kurla Complex India, Mumbai, Maharashtra, 400051.

  • What is the corporate identification number (CIN) and company number of Avendus Finance Private Limited?

    The corporate identification number (CIN) of Avendus Finance Private Limited is U65921MH1996PTC251407 and the company number is 251407 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Avendus Finance Private Limited?

    The Official website of Avendus Finance Private Limited is https://www.avendus.com

  • What has been the recent revenue trend for Avendus Finance Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Avendus Finance Private Limited has risen by 20.68%.

  • How many employees does Avendus Finance Private Limited currently have?

    As Per 2023 financial reports, 32 employees are currently employed by Avendus Finance Private Limited.

  • What change has been observed in the net worth of Avendus Finance Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Avendus Finance Private Limited has experienced an upsurge of 5.80%.

  • What are the total open charges for Avendus Finance Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Avendus Finance Private Limited amount to ₹ 842.50 Cr.

  • When was the last Balance Sheet of Avendus Finance Private Limited filed with the ROC?

    The most recent Balance Sheet for Avendus Finance Private Limited was filed with the ROC on 31 Mar 2024.

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