Avesta Infratech Private Limited

Real estate solutions provider specializing in marketing and sales of residential projects.

2018 | Mohali, Punjab (India) | Active
Last Updated: December 25, 2024

Avesta Infratech Profile

Key Indicators

  • Authorised Capital ₹ 0.10 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 7 Year, 1 Month
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth -32.55%
  • Profit Growth -803.34%
  • Ebitda 49.12%
  • Net Worth -73.86%
  • Total Assets 22.98%

About Avesta Infratech

Avesta Infratech Private Limited (AIPL) is a Private Limited Indian Non-Government Company incorporated in India on 10 January 2018 (Seven years and one month 14 days old ). Its registered office is in Mohali, Punjab, India.

The Company is engaged in the Real Estate And Construction 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.

Ritesh Narula and Mangal Narula serve as directors at the Company.

Company Details

  • Location

    Mohali, Punjab, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    avestainfratech.in

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U45309PB2018PTC047364

  • Company No.

    047364

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    10 Jan 2018

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chandigarh

Industry

Real Estate and Construction

Who are the key members and board of directors at Avesta Infratech?

Board Members (2)

NameDesignationAppointment DateStatus
Ritesh Narula Country flag representing In Director 10-Jan-2018Current
Mangal Narula Country flag representing In Director 22-Feb-2018Current

Financial Performance of Avesta Infratech.

Avesta Infratech Private Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 32.55% decrease. The company also saw a substantial fall in profitability, with a 803.34% decrease in profit. The company's net worth observed a substantial decline by a decrease of 73.86%.

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
-32.55%
Revenue from Operations
-39.26%
Total Assets
22.98%
Profit or Loss
-803.34%
Net Worth
-73.86%
EBITDA
49.12%

What is the Ownership and Shareholding Structure of Avesta Infratech?

In 2021, Avesta Infratech 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)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Avesta Infratech?

Unlock and access historical data on people associated with Avesta Infratech, 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 Avesta Infratech, 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 Avesta Infratech'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 Avesta Infratech

Recent activity within the organization

  • Annual General Meeting

    Avesta Infratech Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Avesta Infratech Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chandigarh.

    31 Mar 2024

  • Director Appointment

    Mangal Sain Narula was appointed as a Director was appointed as a Director on 22 Feb 2018 & has been associated with this company since 7 years 2 days .

    22 Feb 2018

  • Director Appointment

    Ritesh Narula was appointed as a Director was appointed as a Director on 10 Jan 2018 & has been associated with this company since 7 years 1 month .

    10 Jan 2018

  • Company Incorporation

    Avesta Infratech Private Limited was registered on 10 Jan 2018 with Roc Chandigarh & aged 7 years 1 month as per MCA records.

    10 Jan 2018

Frequently asked questions

  • Avesta Infratech Private Limited was incorporated on 10 Jan 2018.

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

  • Currently 2 directors are associated with Avesta Infratech Private Limited.

    • Ritesh Narula
    • Mangal Sain Narula
  • As per Ministry of Corporate Affairs (Mca), the registered address of Avesta Infratech Private Limited is Saini Tower Ground Floor Chandigarh Ambala Expressway India, Derabassi, Punjab, 140507.

  • The corporate identification number (CIN) of Avesta Infratech Private Limited is U45309PB2018PTC047364 and the company number is 047364 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Avesta Infratech Private Limited is https://www.avestainfratech.in

  • According to the financial reports for the fiscal year 2022, the revenue trend for Avesta Infratech Private Limited has fallen by -32.55%.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Avesta Infratech Private Limited has experienced an downturn of -73.86%.

  • The most recent Balance Sheet for Avesta Infratech Private Limited was filed with the ROC on 31 Mar 2024.

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