Elegance Avenues Private Limited

Real estate development and property management services.

2007 | Hyderabad, Telangana (India) | Active
Last Updated: December 17, 2024

Elegance Avenues Profile

Key Indicators

  • Authorised Capital ₹ 0.10 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 17 Year, 9 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 103.00 Cr
  • Satisfied Charges ₹ 137.00 Cr
  • Revenue Growth 6.48%
  • Profit Growth 7.30%
  • Ebitda 151.00%
  • Net Worth 50.90%
  • Total Assets -15.21%

About Elegance Avenues

Elegance Avenues Private Limited (EAPL) is a Private Limited Indian Non-Government Company incorporated in India on 07 May 2007 and has a history of 17 years and nine months. Its registered office is in Hyderabad, Telangana, 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.

The company currently has active open charges totaling ₹103.00 Cr. The company has closed loans amounting to ₹137.00 Cr, as per Ministry of Corporate Affairs (MCA) records.

Sourabh Modi, Pranjali Modi, and Ashok Ramasubraminian serve as directors at the Company.

Company Details

  • Location

    Hyderabad, Telangana, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    modibuilders.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U45400TG2007PTC053841

  • Company No.

    053841

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    07 May 2007

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Hyderabad

Industry

Real Estate and Construction

Who are the key members and board of directors at Elegance Avenues?

Executive Team (1)

Name Designation Appointment Date Status
Sourabh Modi Country flag representing In Managing Director 07-May-2007 Current

Board Members (2)

Name Designation Appointment Date Status
Pranjali Modi Country flag representing In Director 07-May-2007 Current
Ashok Ramasubraminian Country flag representing In Director 24-Oct-2022 Current

Financial Performance of Elegance Avenues.

Elegance Avenues Private Limited, for the financial year ended 2022, experienced modest growth in revenue, with a 6.48% increase. The company also saw a slight improvement in profitability, with a 7.3% increase in profit. The company's net worth Soared by an impressive increase of 50.9%.

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
6.48%
Revenue from Operations
6.49%
Total Assets
-15.21%
Profit or Loss
7.30%
Net Worth
50.90%
EBITDA
151.00%

What is the Ownership and Shareholding Structure of Elegance Avenues?

In 2021, Elegance Avenues 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)

Open Charges

₹1,030.00 M

Satisfied Charges

₹1,370.00 M

Charges Breakdown by Lending Institutions

  • Others : 103.00 Cr

Latest Charge Details

Date Lender Amount Status
10 May 2024 Others ₹55.00 Cr Open
28 May 2022 Others ₹48.00 Cr Open
01 Apr 2021 Others ₹40.00 Cr Satisfied
29 Aug 2019 Others ₹35.00 Cr Satisfied
22 Jan 2019 Others ₹50.00 Cr Satisfied

How Many Employees Work at Elegance Avenues?

Unlock and access historical data on people associated with Elegance Avenues, 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 Elegance Avenues, 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 Elegance Avenues'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 Elegance Avenues

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2024

  • Charges

    A charge with Others of Rs. 550.00 M registered on 10 May 2024 with Charge ID 100928396 was modified on 18 May 2024.

    18 May 2024

  • Charges

    A charge with Others amounted to Rs. 550.00 M with Charge ID 100928396 was registered on 10 May 2024.

    10 May 2024

  • Balance Sheet

    Elegance Avenues Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Hyderabad.

    31 Mar 2024

  • Charges

    A charge registered on 29 Aug 2019 via Charge ID 100290010 with Others was fully satisfied on 21 Apr 2023.

    21 Apr 2023

  • Charges

    A charge registered on 01 Apr 2021 via Charge ID 100434984 with Others was fully satisfied on 18 Nov 2022.

    18 Nov 2022

Frequently asked questions

  • Elegance Avenues Private Limited was incorporated on 07 May 2007.

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

  • Currently 3 directors are associated with Elegance Avenues Private Limited.

    • Sourabh Satish Modi
    • Pranjali Sourabh Modi
    • Ashok Swaminathan Ramasubraminian
  • As per Ministry of Corporate Affairs (Mca), the registered address of Elegance Avenues Private Limited is 8-2-120/76/1/B/16 17 18 4Th Floor Ashoka Hi-Tech Chambers Road No.2, Banj Ara Hills India, Hyderabad, Telangana, 500034.

  • The corporate identification number (CIN) of Elegance Avenues Private Limited is U45400TG2007PTC053841 and the company number is 053841 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Elegance Avenues Private Limited is https://www.modibuilders.com

  • According to the financial reports for the fiscal year 2022, the revenue trend for Elegance Avenues Private Limited has risen by 6.48%.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Elegance Avenues Private Limited has experienced an upsurge of 50.90%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Elegance Avenues Private Limited amount to ₹ 103.00 Cr.

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

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