Avenue E-Commerce Profile
Key Indicators
- Authorised Capital ₹ 750.00 Cr
- Paid Up Capital ₹ 491.17 Cr
- Company Age 10 Year, 2 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 5.00 M
- Revenue Growth 32.13%
- Profit Growth -36.34%
- Ebitda -92.86%
- Net Worth 45.59%
- Total Assets 4.97%
About Avenue E-Commerce
Avenue E-Commerce Limited (AEL) is a leading Public Limited Indian Non-Government Company incorporated in India on 11 November 2014 and has a history of Ten years and two months. Its registered office is in Mumbai, Maharashtra, India.
The Company is engaged in the E-Commerce 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 750.00 Cr and a paid-up capital of Rs 491.17 Cr.
The company currently has active open charges totaling ₹5.00 M.
The Key Managerial Personnel (KMP) at Avenue E-Commerce Limited India are Niladri Deb as Cfo, Trivikrama Dasu as Ceo, and Ankit Agrawal as Company Secretary. Ramakant Baheti, Ignatius Noronha, Manjri Chandak, and Three other members serve as directors at the Company.
Company Details
- Location
Mumbai, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
- Apps
Corporate Identity Details
- CIN/LLPIN
U74120MH2014PLC259234
- Company No.
259234
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
11 Nov 2014
- Date of AGM
23 Aug 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Who are the key members and board of directors at Avenue E-Commerce?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Niladri Deb  | CFO | 10-Jan-2022 | Current |
| Trivikrama Dasu | CEO | 01-Apr-2016 | Current |
| Ankit Agrawal | Company Secretary | 08-Feb-2016 | Current |
Board Members (6)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Manjri Chandak | Director | 11-Nov-2014 | Current |
| Amol Modani | Director | 31-Jul-2018 | Current |
| Ramakant Baheti | Director | 11-Nov-2014 | Current |
| Ignatius Noronha | Director | 11-Nov-2014 | Current |
| Navinchandra Nerurkar | Director | 09-Jul-2024 | Current |
| Sweety Jain | Director | 31-Jul-2018 | Current |
Financial Performance of Avenue E-Commerce.
Avenue E-Commerce Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 32.13% increase. The company also saw a substantial fall in profitability, with a 36.34% decrease in profit. The company's net worth Soared by an impressive increase of 45.59%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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What is the Ownership and Shareholding Structure of Avenue E-Commerce?
In 2023, Avenue E-Commerce had a promoter holding of 99.88% and a public holding of 0.12%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Align Retail Trades Private Limited.Manjri Chandak and Navinchandra Nerurkar are mutual person
Retailers Association Of IndiaIgnatius Noronha is a mutual person
Avenue Supermarts LimitedRamakant Baheti, Ignatius Noronha and 2 more are mutual person
Bombay Swadeshi Stores LimitedManjri Chandak is a mutual person
Bombay Store Retail Company LimitedManjri Chandak is a mutual person
Nahar Seth & Jogani Developers Private LimitedRamakant Baheti is a mutual person
Charges (Loans)
₹0.50 Cr
₹0
Charges Breakdown by Lending Institutions
- Hdfc Bank Limited : 0.50 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 12 Jan 2022 | Hdfc Bank Limited | ₹5.00 M | Open |
How Many Employees Work at Avenue E-Commerce?
Unlock and access historical data on people associated with Avenue E-Commerce, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Avenue E-Commerce, 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 Avenue E-Commerce'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.
