Avnash Estates And Resorts Limited

Develops and manages estates and resorts since 1985.

1985 | Visakhapatnam, Andhra Pradesh (India) | Active
Last Updated:

Avnash Estates And Resorts Profile

Key Indicators

  • Authorised Capital ₹ 5.00 Cr
  • Paid Up Capital ₹ 7.50 M
  • Company Age 39 Year, 3 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 19.40 Cr
  • Satisfied Charges ₹ 8.75 Cr
  • Revenue Growth 74.53%
  • Profit Growth 1781.74%
  • Ebitda 194.65%
  • Net Worth 1.52%
  • Total Assets -2.44%

About Avnash Estates And Resorts

Avnash Estates And Resorts Limited (AEARL) is a Public Limited Indian Non-Government Company incorporated in India on 28 November 1985 and has a history of 39 years and three months. Its registered office is in Visakhapatnam, Andhra Pradesh, India.

The Corporate was formerly known as Avinash Marine Products Limited. 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 5.00 Cr and a paid-up capital of Rs 7.50 M.

The company currently has active open charges totaling ₹19.40 Cr. The company has closed loans amounting to ₹8.75 Cr, as per Ministry of Corporate Affairs (MCA) records.

Avnash Anumolu, Ammaji Anumolu, and Prasad Parasa serve as directors at the Company.

Company Details

  • Location

    Visakhapatnam, Andhra Pradesh, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U05005AP1985PLC005982

  • Company No.

    005982

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    28 Nov 1985

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Vijayawada

Industry

Real Estate and Construction

Who are the key members and board of directors at Avnash Estates And Resorts?

Board Members (3)

NameDesignationAppointment DateStatus
Avnash Anumolu Country flag representing In Director 05-Sep-2002Current
Ammaji Anumolu Country flag representing In Director 28-Nov-1985Current
Prasad Parasa Country flag representing In Director 10-Oct-2022Current

Financial Performance of Avnash Estates And Resorts.

Avnash Estates And Resorts Limited, for the financial year ended 2021, experienced significant growth in revenue, with a 74.53% increase. The company also saw a substantial improvement in profitability, with a 1781.74% increase in profit. The company's net worth moved up by a moderate rise of 1.52%.

Avnash Estates And Resorts revenue growth over time
Avnash Estates And Resorts 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
74.53%
Revenue from Operations
79.46%
Total Assets
-2.44%
Profit or Loss
1781.74%
Net Worth
1.52%
EBITDA
194.65%

What is the Ownership and Shareholding Structure of Avnash Estates And Resorts?

In 2021, Avnash Estates And Resorts had a promoter holding of 30.93% and a public holding of 69.07%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹19.40 Cr

Satisfied Charges

₹8.75 Cr

Charges Breakdown by Lending Institutions

  • The Visakhapatnam Co Operative Bank Limited : 15.00 Cr
  • State Bank Of India : 4.00 Cr
  • Axis Bank Limited : 0.25 Cr
  • Uti Bank Ltd. : 0.15 Cr

Latest Charge Details

DateLenderAmountStatus
30 Sep 2014The Visakhapatnam Co Operative Bank Limited₹15.00 CrOpen
26 Oct 2012State Bank Of India₹4.00 CrOpen
31 Dec 2008Axis Bank Limited₹2.50 MOpen
07 Dec 2005Uti Bank Ltd.₹1.50 MOpen
15 Dec 2007Andhra Pradesh State Financial Corpocation₹8.75 CrSatisfied

How Many Employees Work at Avnash Estates And Resorts?

Avnash Estates And Resorts has a workforce of 0 employees as of Apr 09, 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 Avnash Estates And Resorts Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Avnash Estates And Resorts, 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 Avnash Estates And Resorts'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 Avnash Estates And Resorts

Recent activity within the organization

  • Annual General Meeting

    Avnash Estates And Resorts Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Balance Sheet

    Avnash Estates And Resorts Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Vijayawada.

  • Director Appointment

    Prasad Parasa was appointed as a Director was appointed as a Director on 10 Oct 2022 & has been associated with this company since 2 years 4 months .

  • Charges

    A charge registered on 15 Dec 2007 via Charge ID 10078096 with Andhra Pradesh State Financial Corpocation was fully satisfied on 21 Mar 2022.

  • Charges

    A charge with The Visakhapatnam Co Operative Bank Limited amounted to Rs. 15.00 Cr with Charge ID 10530246 was registered on 30 Sep 2014.

  • Charges

    A charge with State Bank Of India amounted to Rs. 4.00 Cr with Charge ID 10465684 was registered on 26 Oct 2012.

Frequently asked questions

  • What is the Incorporation or founding date of Avnash Estates And Resorts Limited?

    Avnash Estates And Resorts Limited was incorporated on 28 Nov 1985.

  • What is authorized share capital and paid-up capital of Avnash Estates And Resorts Limited?

    The authorized share capital of Avnash Estates And Resorts Limited is ₹ 5.00 Cr and paid-up capital is ₹ 7.50 M.

  • Who are the current board members & directors of Avnash Estates And Resorts Limited?

    Currently 3 directors are associated with Avnash Estates And Resorts Limited.

    • Avnash Anumolu
    • Ammaji Anumolu
    • Prasad Parasa

  • What is the registered address of Avnash Estates And Resorts Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Avnash Estates And Resorts Limited is Dr.No.11-8-34 Daspalla Hills India, Visakhapatnam, Andhra Pradesh, 530001.

  • What is the corporate identification number (CIN) and company number of Avnash Estates And Resorts Limited?

    The corporate identification number (CIN) of Avnash Estates And Resorts Limited is U05005AP1985PLC005982 and the company number is 005982 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for Avnash Estates And Resorts Limited?

    According to the financial reports for the fiscal year 2021, the revenue trend for Avnash Estates And Resorts Limited has risen by 74.53%.

  • What change has been observed in the net worth of Avnash Estates And Resorts Limited, and by what percentage?

    The financial reports for the fiscal year 2021 indicates that The net worth of Avnash Estates And Resorts Limited has experienced an upsurge of 1.52%.

  • What are the total open charges for Avnash Estates And Resorts Limited?

    As per the financial statements for fiscal Year 2021, The total open charges for Avnash Estates And Resorts Limited amount to ₹ 19.40 Cr.

  • When was the last Balance Sheet of Avnash Estates And Resorts Limited filed with the ROC?

    The most recent Balance Sheet for Avnash Estates And Resorts Limited was filed with the ROC on 31 Mar 2024.

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