Company Intelligence Profile
AV Organics Private Limited
AV Organics Private Limited is the corporate entity behind the EVOCUS brand of functional beverages — Black Alkaline Water (pH 8+, mineral-infused), Alkaline Mineral Water, Hydration/Electrolyte IV Drinks, and Natural Mineral Water.
Last updated 17 August 2026
AI-generated summary from public filings and may contain errors. Verify against the detailed sections below.
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Company Identity
Confirmed| Registered name | AV Organics Private Limited |
|---|---|
| CIN | U32909GJ2024PTC152462 |
| PAN | ABACA8673K (derived from GSTIN 24ABACA8673K1ZE; not independently listed as a bare PAN on any source) |
| Status | Active |
| Listing | Unlisted (private limited company) |
| Incorporated | 13 June 2024 |
| ROC | Registrar of Companies, Ahmedabad (Gujarat) |
| Sector (NIC) |
|
| Registered address | 407–409, The Emerald, Nr. Chakli Circle, Gotri / Race Course Road, Vadodara, Gujarat – 390007 |
| Authorized capital | ₹1.0 Crore |
| Paid-up capital | ₹1.0 Crore |
Business Overview
Confirmed- AV Organics Private Limited is the corporate entity behind the EVOCUS brand of functional beverages — Black Alkaline Water (pH 8+, mineral-infused), Alkaline Mineral Water, Hydration/Electrolyte IV Drinks, and Natural Mineral Water
- Per the brand site (drinkevocus.com), products are positioned as hydration/detox alternatives to standard water, sold D2C, via quick-commerce and retail, with claimed presence in India, USA, Canada, UAE, Saudi Arabia, Mexico, New Zealand, France and the UK
- Trade press traces the underlying Evocus business to 2018 in Gujarat; the current Pvt Ltd shell (this CIN) was only incorporated 13 June 2024, indicating a corporate restructuring of an older operating business into this entity
Directors
Partial / conflicting| Name | DIN | Role | Appointed |
|---|---|---|---|
| Aakash Vaghela | 03604830 | Director | 13 June 2024 |
| Vishvangi Aakash Vaghela | 09106857 | Director | 13 June 2024 |
GST Registrations
Confirmed| GSTIN | State | PAN | Status |
|---|---|---|---|
| 24ABACA8673K1ZE | Gujarat | ABACA8673K (derived from GSTIN 24ABACA8673K1ZE; not independently listed as a bare PAN on any source) | Active |
| 06ABACA8673K1ZC | Haryana | ABACA8673K (derived from GSTIN 24ABACA8673K1ZE; not independently listed as a bare PAN on any source) | - |
| 27ABACA8673K1Z8 | Maharashtra | ABACA8673K (derived from GSTIN 24ABACA8673K1ZE; not independently listed as a bare PAN on any source) | - |
| 36ABACA8673K1Z9 | Telangana | ABACA8673K (derived from GSTIN 24ABACA8673K1ZE; not independently listed as a bare PAN on any source) | - |
| 29ABACA8673K1Z4 | Karnataka | ABACA8673K (derived from GSTIN 24ABACA8673K1ZE; not independently listed as a bare PAN on any source) | - |
| 19ABACA8673K1Z5 | West Bengal | ABACA8673K (derived from GSTIN 24ABACA8673K1ZE; not independently listed as a bare PAN on any source) | - |
Primary/home-state GSTIN: 24ABACA8673K1ZE (Gujarat) — PAN ABACA8673K — Regular taxpayer, Active, registered 27 June 2024, jurisdiction Ghatak 39 (Vadodara). Confirmed via KnowYourGST and MastersIndia (agree on GSTIN/PAN/state/date). Additional registrations under the same PAN (single-source, KnowYourGST only — not independently cross-checked): Haryana 06ABACA8673K1ZC; Maharashtra 27ABACA8673K1Z8; Telangana 36ABACA8673K1Z9; Karnataka 29ABACA8673K1Z4; West Bengal 19ABACA8673K1Z5. Total registrations: 6 (1 home state + 5 additional states) — partial confidence on the 5 additional ones. Business activities declared: Factory/Manufacturing, Export, Import, Retail, Wholesale, Warehouse/Depot.
Financials
Partial / conflicting- Revenue ₹15.05 Crore
EBITDA, PAT, Net worth, and total borrowings: not obtained — locked behind paywalled/premium tiers on all sources checked.
Standalone vs consolidated: not specified anywhere; presumed standalone since no subsidiaries were found. Prior-year (FY2024 or earlier) financials: not disclosed (company is newly incorporated).
Funding
Confirmed- One reported funding event: Debt financing of ₹10 Crore (~US$1.23 million) from Red Fort Capital Finance Company Pvt Ltd, charge created 27 July 2022 per MCA charge index
- This charge is now marked "Satisfied" in the charge register
- No equity funding rounds found
- Note: this financing pre-dates the 13 June 2024 incorporation of the current CIN, consistent with the brand having operated under a predecessor structure since 2018 before being reorganized into this Pvt Ltd entity
Charges / Borrowings
Partial / conflictingPer MCA charge index:
- HDFC Bank Ltd — ₹14.50 Cr — created 15 Oct 2025 — Open
- Aditya Birla Finance Ltd — ₹14.00 Cr — created 16 Jan 2024 — Open
- Unspecified lender — ₹12.96 Lakh — created 25 Sep 2024 — Open
- HDFC Bank Ltd — ₹1.08–1.10 Cr — created 15 Dec 2022 — Open
- Red Fort Capital Finance Company Pvt Ltd — ₹10.00 Cr — created 27 Jul 2022 — Satisfied
Total open charges ≈ ₹29.7 Cr; satisfied ≈ ₹10 Cr.
Competitors
Partial / conflictingGeneral India functional/premium-water category peers (not an entity-specific competitor list; inferred from category research):
- Bisleri International (Bisleri Vedica premium mineral water) — large, national FMCG scale
- Tata Consumer Products (Tata Copper+ Water, Himalayan Natural Mineral Water) — large conglomerate scale
- Qua Water / Aava Natural Spring Water — small-to-mid D2C scale
- Rebo (smart hydration/purifying water bottle) — early-stage startup scale
- Essentia Water / Waiakea (imported alkaline water brands with niche modern-trade presence in India) — reference/benchmark scale, smaller India footprint
Frequently Asked Questions
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