Reddy Avenue Private Limited

Real estate company specializing in construction and development of residential and commercial buildings.

2015 | Bangaluru, Karnataka (India) | Active
Last Updated: December 27, 2024

Reddy Avenue Profile

Key Indicators

  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 9 Year, 7 Months
  • Last Filing with ROC 31 Mar 2021
  • Satisfied Charges ₹ 50.00 Cr
  • Revenue Growth %
  • Profit Growth 99.84%
  • Ebitda 18.58%
  • Net Worth -0.03%
  • Total Assets -0.07%

About Reddy Avenue

Reddy Avenue Private Limited (RAPL) is a Private Limited Indian Non-Government Company incorporated in India on 01 July 2015 (Nine years and seven months 3 days old ). Its registered office is in Bangaluru, Karnataka, 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 2021. It's a company limited by shares with an authorized capital of Rs 1.00 M and a paid-up capital of Rs 0.10 M.

The company has closed loans amounting to ₹50.00 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Kumbala Praveen and Kumbala Laxmi serve as directors at the Company.

Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U70102KA2015PTC081282

  • Company No.

    081282

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    01 Jul 2015

  • Date of AGM

    30 Nov 2021

  • Date of Balance Sheet

    31 Mar 2021

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Real Estate and Construction

Who are the key members and board of directors at Reddy Avenue?

Board Members (2)

Name Designation Appointment Date Status
Kumbala Praveen Country flag representing In Director 01-Jul-2015 Current
Kumbala Laxmi Country flag representing In Director 01-Jul-2015 Current

Financial Performance of Reddy Avenue.

Reddy Avenue Private Limited, for the financial year ended 2020, experienced no change in revenue, with a 0% increase. The company also saw a substantial improvement in profitability, with a 99.84% increase in profit. The company's net worth dipped by a decrease of 0.03%.

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
Revenue from Operations
Total Assets
-0.07%
Profit or Loss
99.84%
Net Worth
-0.03%
EBITDA
18.58%

What is the Ownership and Shareholding Structure of Reddy Avenue?

In 2017, Reddy Avenue 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

₹0

Satisfied Charges

₹500.00 M

Charges Breakdown by Lending Institutions

  • Others : 50.00 Cr

Latest Charge Details

Date Lender Amount Status
30 Mar 2016 Others ₹50.00 Cr Satisfied

How Many Employees Work at Reddy Avenue?

Unlock and access historical data on people associated with Reddy Avenue, 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 Reddy Avenue, 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 Reddy Avenue'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 Reddy Avenue

Recent activity within the organization

  • Annual General Meeting

    Reddy Avenue Private Limited last Annual general meeting of members was held on 30 Nov 2021 as per latest MCA records.

    30 Nov 2021

  • Balance Sheet

    Reddy Avenue Private Limited has filed its annual Financial statements for the year ended 31 Mar 2021 with Roc Bangalore.

    31 Mar 2021

  • Charges

    A charge registered on 30 Mar 2016 via Charge ID 100030862 with Others was fully satisfied on 09 Jul 2018.

    09 Jul 2018

  • Charges

    A charge with Others of Rs. 500.00 M registered on 30 Mar 2016 with Charge ID 100030862 was modified on 10 Jun 2016.

    10 Jun 2016

  • Charges

    A charge with Others amounted to Rs. 500.00 M with Charge ID 100030862 was registered on 30 Mar 2016.

    30 Mar 2016

  • Director Appointment

    Kumbala Praveen was appointed as a Director was appointed as a Director on 01 Jul 2015 & has been associated with this company since 9 years 7 months .

    01 Jul 2015

Frequently asked questions

  • Reddy Avenue Private Limited was incorporated on 01 Jul 2015.

  • The authorized share capital of Reddy Avenue Private Limited is ₹ 1.00 M and paid-up capital is ₹ 0.10 M.

  • Currently 2 directors are associated with Reddy Avenue Private Limited.

    • Kumbala Praveen
    • Kumbala Bhagya Laxmi
  • As per Ministry of Corporate Affairs (Mca), the registered address of Reddy Avenue Private Limited is No. 133/1 The Residency, 2Nd Floor Residency Road India, Bangalore, Karnataka, 560025.

  • The corporate identification number (CIN) of Reddy Avenue Private Limited is U70102KA2015PTC081282 and the company number is 081282 as per Ministry of Corporate Affairs (MCA).

  • The financial reports for the fiscal year 2020 indicates that The net worth of Reddy Avenue Private Limited has experienced an downturn of -0.03%.

  • The most recent Balance Sheet for Reddy Avenue Private Limited was filed with the ROC on 31 Mar 2021.