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Sri Avantika Contractors (I) Profile
Key Indicators
- Authorised Capital ₹ 15.00 Cr
- Paid Up Capital ₹ 10.00 Cr
- Company Age 19 Year, 8 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 873.38 Cr
- Satisfied Charges ₹ 142.50 Cr
- Revenue Growth 56.80%
- Profit Growth 31.14%
- Ebitda -17.58%
- Net Worth 13.93%
- Total Assets 1.77%
About Sri Avantika Contractors (I)
Sri Avantika Contractors (I) Limited (SACIL) is a leading Public Limited Indian Non-Government Company incorporated in India on 02 June 2005 and has a history of 19 years and eight months. Its registered office is in Hyderabad, Telangana, India.
The Company is engaged in the Infrastructure And Utilities Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 15.00 Cr and a paid-up capital of Rs 10.00 Cr.
The company currently has active open charges totaling ₹873.38 Cr. The company has closed loans amounting to ₹142.50 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Sri Avantika Contractors (I) Limited India are Rachit Sharma as COMPANY SECRETARY and Lakshmi Mannemala as Cfo. Shruti Gupta, Sanjana Balmoori, Pikkili Murthy, and Three other members serve as directors at the Company.
Company Details
- Location
Hyderabad, Telangana, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media -
Corporate Identity Details
- CIN/LLPIN
U51100TG2005PLC046422
- Company No.
046422
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
02 Jun 2005
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Hyderabad
Industry
What products or services does Sri Avantika Contractors (I) Limited offer?
Sri Avantika Contractors (I) Limited offers a wide range of products and services, including Building & Real Estate Developers, Railway Line & Tunnel Construction, Architectural & Civil Engineering, Architectural Services.
Who are the key members and board of directors at Sri Avantika Contractors (I)?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Rachit Sharma  | Company Secretary | Current | |
| Lakshmi Mannemala | CFO | 19-Dec-2018 | Current |
| Narender Kethireddy | Managing Director | 02-Jun-2005 | Current |
Board Members (5)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Shruti Gupta | Additional Director | 31-Mar-2023 | Current |
| Sanjana Balmoori | Additional Director | 05-Oct-2024 | Current |
| Pikkili Murthy | Director | 09-Aug-2021 | Current |
| Arvind Kethireddy | Whole-Time Director | 16-Jul-2016 | Current |
| Kethireddy Lakshmi | Director | 02-Jun-2005 | Current |
Financial Performance of Sri Avantika Contractors (I).
Sri Avantika Contractors (I) Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 56.8% increase. The company also saw a substantial improvement in profitability, with a 31.14% increase in profit. The company's net worth Soared by an impressive increase of 13.93%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Sri Avantika Contractors (I)?
In 2023, Sri Avantika Contractors (I) had a promoter holding of 100.00%. The company had 3 Subsidiaries and 4 Associate Companies. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Sri Avantika Power Projects Private LimitedKethireddy Lakshmi and Narender Kethireddy are mutual person
Apt Power Engineering Private LimitedRachit Sharma is a mutual person
Virupaksha Organics LimitedShruti Gupta is a mutual person
M.L.R.Motors LimitedShruti Gupta is a mutual person
Coolroc Technologies LimitedSanjana Balmoori and Arvind Kethireddy are mutual person
- Saivani Rmc Private Limited
Sanjana Balmoori is a mutual person
Charges (Loans)
₹873.38 Cr
₹142.50 Cr
Charges Breakdown by Lending Institutions
- Others : 739.30 Cr
- Canara Bank : 60.75 Cr
- Andhra Bank : 40.00 Cr
- Indian Renewable Energy Development Agency Limited : 25.00 Cr
- Tata Capital Financial Services Limited : 3.20 Cr
- Others : 5.13 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 30 Aug 2024 | Canara Bank | ₹60.75 Cr | Open |
| 17 Jun 2024 | Others | ₹1.13 M | Open |
| 23 Apr 2024 | Others | ₹1.90 M | Open |
| 23 Jan 2024 | Others | ₹2.77 M | Open |
| 14 Sep 2023 | Others | ₹1.04 M | Open |
How Many Employees Work at Sri Avantika Contractors (I)?
Sri Avantika Contractors (I) has a workforce of 109 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Sri Avantika Contractors (I), 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 Sri Avantika Contractors (I)'s trajectory.
Rating
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
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.
