Avid Properties Private Limited

Real estate acquisition and sales company with diverse property portfolio.

2005 | Mumbai, Maharashtra (India) | Active
Last Updated: January 24, 2025

Avid Properties Profile

Key Indicators

  • Authorised Capital ₹ 1.10 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 20 Year, 7 Days
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 106.00 Cr
  • Revenue Growth 436.93%
  • Profit Growth 2833.22%
  • Ebitda 15.48%
  • Net Worth 74.00%
  • Total Assets 68.76%

About Avid Properties

Avid Properties Private Limited (APPL) is a Private Limited Indian Non-Government Company incorporated in India on 17 February 2005 and has a history of 20 years. Its registered office is in Mumbai, Maharashtra.

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 1.10 M and a paid-up capital of Rs 0.10 M.

The company currently has active open charges totaling ₹106.00 Cr.

Mayank Parekh and Hemendra Gangwal serve as directors at the Company.

Company Details

  • Location Mumbai, Maharashtra
  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U70100MH2005PTC151379

  • Company No.

    151379

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    17 Feb 2005

  • Date of AGM

    28 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Real Estate and Construction

Who are the key members and board of directors at Avid Properties?

Board Members (2)

NameDesignationAppointment DateStatus
Mayank Parekh Country flag representing In Director 30-May-2014Current
Hemendra Gangwal Country flag representing In Director 01-Apr-2024Current

Financial Performance of Avid Properties.

Avid Properties Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 436.93% increase. The company also saw a substantial improvement in profitability, with a 2833.22% increase in profit. The company's net worth Soared by an impressive increase of 74%.

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
436.93%
Revenue from Operations
Total Assets
68.76%
Profit or Loss
2833.22%
Net Worth
74.00%
EBITDA
15.48%

What is the Ownership and Shareholding Structure of Avid Properties?

Unlock access to Avid Properties's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹1,060.00 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Icici Bank Limited : 53.00 Cr
  • Others : 39.00 Cr
  • 3I Infotech Trusteeship Services Limited : 14.00 Cr

Latest Charge Details

DateLenderAmountStatus
16 Feb 2016Others₹39.00 CrOpen
09 Dec 20093I Infotech Trusteeship Services Limited₹14.00 CrOpen
21 Jun 2006Icici Bank Limited₹53.00 CrOpen

How Many Employees Work at Avid Properties?

Unlock and access historical data on people associated with Avid Properties, 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 Avid Properties, 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 Avid Properties'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 Avid Properties

Recent activity within the organization

  • Annual General Meeting

    Avid Properties Private Limited last Annual general meeting of members was held on 28 Sep 2024 as per latest MCA records.

    28 Sep 2024

  • Director Appointment

    Hemendra Gangwal was appointed as a Director was appointed as a Director on 01 Apr 2024 & has been associated with this company since 10 months 25 days .

    01 Apr 2024

  • Balance Sheet

    Avid Properties Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

    31 Mar 2024

  • Charges

    A charge with Others amounted to Rs. 390.00 M with Charge ID 100016338 was registered on 16 Feb 2016.

    16 Feb 2016

  • Director Appointment

    Mayank Hasmukhrai Parekh was appointed as a Director was appointed as a Director on 30 May 2014 & has been associated with this company since 10 years 8 months .

    30 May 2014

  • Charges

    A charge with Icici Bank Limited of Rs. 530.00 M registered on 21 Jun 2006 with Charge ID 10014041 was modified on 19 Apr 2012.

    19 Apr 2012

Frequently asked questions

  • Avid Properties Private Limited was incorporated on 17 Feb 2005.

  • The authorized share capital of Avid Properties Private Limited is ₹ 1.10 M and paid-up capital is ₹ 0.10 M.

  • Currently 2 directors are associated with Avid Properties Private Limited.

    • Mayank Hasmukhrai Parekh
    • Hemendra Gangwal
  • As per Ministry of Corporate Affairs (Mca), the registered address of Avid Properties Private Limited is 172 Kshitji 47 Nepeansea Road, India, Mumbai, Maharashtra, 400036.

  • The corporate identification number (CIN) of Avid Properties Private Limited is U70100MH2005PTC151379 and the company number is 151379 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Avid Properties Private Limited has risen by 436.93%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Avid Properties Private Limited has experienced an upsurge of 74.00%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Avid Properties Private Limited amount to ₹ 106.00 Cr.

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

Similar Companies Based on Real Estate Builders & Developers