Avenue E-Commerce Profile
Key Indicators
- Authorised Capital ₹ 750.00 Cr
- Paid Up Capital ₹ 491.17 Cr
- Company Age 10 Year, 3 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 three 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
E-Commerce
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
- Ratios
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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 Limited
Ramakant 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)
Open Charges
₹0.50 Cr
Satisfied Charges
₹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.
Latest Updates, News, and FAQs on Avenue E-Commerce
Recent activity within the organization
- Annual General Meeting
Avenue E-Commerce Limited last Annual general meeting of members was held on 23 Aug 2024 as per latest MCA records.
- Director Appointment
Navinchandra Nishikant Nerurkar was appointed as a Director was appointed as a Director on 09 Jul 2024 & has been associated with this company since 7 months 25 days .
- Balance Sheet
Avenue E-Commerce Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
- Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.50 Cr with Charge ID 100528867 was registered on 12 Jan 2022.
- Director Appointment
Amol Radheshyam Modani was appointed as a Director was appointed as a Director on 31 Jul 2018 & has been associated with this company since 6 years 7 months .
- Director Appointment
Sweety Jain was appointed as a Director was appointed as a Director on 31 Jul 2018 & has been associated with this company since 6 years 7 months .
Frequently asked questions
What is the Incorporation or founding date of Avenue E-Commerce Limited?
Avenue E-Commerce Limited was incorporated on 11 Nov 2014.
What is authorized share capital and paid-up capital of Avenue E-Commerce Limited?
The authorized share capital of Avenue E-Commerce Limited is ₹ 750.00 Cr and paid-up capital is ₹ 491.17 Cr.
Who are the current board members & directors of Avenue E-Commerce Limited?
Currently 9 directors are associated with Avenue E-Commerce Limited.
- Ramakant Kanhaiyalal Baheti
- Ignatius Navil Noronha
- Manjri Aditya Chandak
- Navinchandra Nishikant Nerurkar
- Amol Radheshyam Modani
- Niladri Deb
- Trivikrama Rao Dasu
- Ankit Ganesh Agrawal
- Sweety Jain
What is the registered address of Avenue E-Commerce Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Avenue E-Commerce Limited is Anjaneya Chs Limited Orchard Avenue Opp. Hiranandani Foundation School, India, Powai, Maharashtra, 400076.
What is the corporate identification number (CIN) and company number of Avenue E-Commerce Limited?
The corporate identification number (CIN) of Avenue E-Commerce Limited is U74120MH2014PLC259234 and the company number is 259234 as per Ministry of Corporate Affairs (MCA).
What is the official website of Avenue E-Commerce Limited?
The Official website of Avenue E-Commerce Limited is https://www.dmartindia.com
What has been the recent revenue trend for Avenue E-Commerce Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Avenue E-Commerce Limited has risen by 32.13%.
What change has been observed in the net worth of Avenue E-Commerce Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Avenue E-Commerce Limited has experienced an upsurge of 45.59%.
What are the total open charges for Avenue E-Commerce Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Avenue E-Commerce Limited amount to ₹ 5.00 M.
When was the last Balance Sheet of Avenue E-Commerce Limited filed with the ROC?
The most recent Balance Sheet for Avenue E-Commerce Limited was filed with the ROC on 31 Mar 2024.
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