Avishkar Infra Realty Limited

Real estate development and construction company with focus on land, housing, and commercial properties.

1983 | Mumbai, Maharashtra (India) | Active
Last Updated: January 07, 2025

Avishkar Infra Realty Profile

Key Indicators

  • Authorised Capital ₹ 23.00 Cr
  • Paid Up Capital ₹ 22.40 Cr
  • Company Age 41 Year, 3 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 5.00 M
  • Satisfied Charges ₹ 29.89 Cr
  • Revenue Growth 7.00%
  • Profit Growth 78.65%
  • Ebitda 70.10%
  • Net Worth -9.67%
  • Total Assets 2.75%

About Avishkar Infra Realty

Avishkar Infra Realty Limited (AIRL) is a Public Limited Indian Non-Government Company incorporated in India on 20 October 1983 and has a history of 41 years and three months. Its registered office is in Mumbai, Maharashtra, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 508929.

The Corporate was formerly known as Joy Reality 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 23.00 Cr and a paid-up capital of Rs 22.40 Cr.

The company currently has active open charges totaling ₹5.00 M. The company has closed loans amounting to ₹29.89 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Avishkar Infra Realty Limited India are Poojan Mehta as CFO and Komal Keshwani as Company Secretary. Pritesh Haria, Kapil Kothari, Poojan Mehta, and One other member serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    L65910MH1983PLC031230

  • Company No.

    031230

  • Stock Symbol

    BSE : 508929

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    20 Oct 1983

  • Date of AGM

    27 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Listed

  • ROC Code

    Roc Mumbai

Industry

Real Estate and Construction

Who are the key members and board of directors at Avishkar Infra Realty?

Executive Team (3)

Name Designation Appointment Date Status
Kapil Kothari Country flag representing In Managing Director 03-Aug-2023 Current
Poojan Mehta CFO 08-Dec-2023 Current
Komal Keshwani Company Secretary 05-Oct-2023 Current

Board Members (3)

Name Designation Appointment Date Status
Poojan Mehta Country flag representing In Director 03-Aug-2023 Current
Pritesh Haria Country flag representing In Director 17-Jan-2006 Current
Reeya Kothari Country flag representing In Director 08-Sep-2023 Current

Financial Performance of Avishkar Infra Realty.

Avishkar Infra Realty Limited, for the financial year ended 2022, experienced modest growth in revenue, with a 7% increase. The company also saw a substantial improvement in profitability, with a 78.65% increase in profit. The company's net worth dipped by a decrease of 9.67%.

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
7.00%
Revenue from Operations
Total Assets
2.75%
Profit or Loss
78.65%
Net Worth
-9.67%
EBITDA
70.10%

What is the Ownership and Shareholding Structure of Avishkar Infra Realty?

In 2022, Avishkar Infra Realty had a promoter holding of 61.68% and a public holding of 38.33%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0.50 Cr

Satisfied Charges

₹29.89 Cr

Charges Breakdown by Lending Institutions

  • Canara Bank : 0.50 Cr

Latest Charge Details

Date Lender Amount Status
15 Oct 1994 Canara Bank ₹5.00 M Open
22 Sep 2017 Others ₹11.00 Cr Satisfied
08 May 2015 Aditya Birla Finance Limited ₹15.00 Cr Satisfied
10 Aug 2012 Edelweiss Housing Finance Limited ₹1.72 M Satisfied
30 Jan 1996 Indian Overseas Bank ₹1.70 M Satisfied

How Many Employees Work at Avishkar Infra Realty?

Avishkar Infra Realty has a workforce of 1 employees as of Apr 01, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Avishkar Infra Realty, 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 Avishkar Infra Realty'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 Avishkar Infra Realty

Recent activity within the organization

  • Annual General Meeting

    Avishkar Infra Realty Limited last Annual general meeting of members was held on 27 Sep 2024 as per latest MCA records.

    27 Sep 2024

  • Balance Sheet

    Avishkar Infra Realty Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

    31 Mar 2024

  • Director Appointment

    Poojan Keyurbhai Mehta was appointed as a Cfo was appointed as a Cfo on 08 Dec 2023 & has been associated with this company since 1 year 1 month .

    08 Dec 2023

  • Director Appointment

    Komal Mangharam Keshwani was appointed as a Company Secretary was appointed as a Company Secretary on 05 Oct 2023 & has been associated with this company since 1 year 4 months .

    05 Oct 2023

  • Director Appointment

    Reeya Dilip Kothari was appointed as a Director was appointed as a Director on 08 Sep 2023 & has been associated with this company since 1 year 4 months .

    08 Sep 2023

  • Director Appointment

    Kapil Jeetendra Kothari was appointed as a Managing Director was appointed as a Managing Director on 03 Aug 2023 & has been associated with this company since 1 year 6 months .

    03 Aug 2023

Frequently asked questions

  • Avishkar Infra Realty Limited was incorporated on 20 Oct 1983.

  • The authorized share capital of Avishkar Infra Realty Limited is ₹ 23.00 Cr and paid-up capital is ₹ 22.40 Cr.

  • Currently 6 directors are associated with Avishkar Infra Realty Limited.

    • Pritesh Champaklal Haria
    • Kapil Jeetendra Kothari
    • Poojan Keyurbhai Mehta
    • Reeya Dilip Kothari
    • Poojan Keyurbhai Mehta
    • Komal Mangharam Keshwani
  • As per Ministry of Corporate Affairs (Mca), the registered address of Avishkar Infra Realty Limited is Unit No. 301 Nestor Court Adj To Vinayak Chs Baji Prabhu Deshpande Marg Pond Gavthan, Vile Parle (W) India, Mumbai, Maharashtra, 400056.

  • The corporate identification number (CIN) of Avishkar Infra Realty Limited is L65910MH1983PLC031230 and the company number is 031230 as per Ministry of Corporate Affairs (MCA).

  • Yes, Avishkar Infra Realty Limited is registered on Bombay Stock Exchange (BSE).

  • The Official website of Avishkar Infra Realty Limited is https://www.joyrealty.in

  • According to the financial reports for the fiscal year 2022, the revenue trend for Avishkar Infra Realty Limited has risen by 7.00%.

  • As Per 2022 financial reports, 1 employees are currently employed by Avishkar Infra Realty Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Avishkar Infra Realty Limited has experienced an downturn of -9.67%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Avishkar Infra Realty Limited amount to ₹ 5.00 M.

  • The most recent Balance Sheet for Avishkar Infra Realty Limited was filed with the ROC on 31 Mar 2024.

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