Addverb Technologies Profile
Key Indicators
- Authorised Capital ₹ 2.90 Cr
- Paid Up Capital ₹ 5.35 M
- Company Age 8 Year, 7 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 395.00 Cr
- Satisfied Charges ₹ 7.50 Cr
- Revenue Growth 50.68%
- Profit Growth -62.46%
- Ebitda 20.42%
- Net Worth 45.34%
- Total Assets 73.80%
About Addverb Technologies
Addverb Technologies Limited (ATL) is a registered startup operating as a Public Limited Indian Non-Government Company incorporated in India on 24 June 2016 (Eight years and seven months 8 days old ). Its registered office is in Gautam Buddha Nagar, Uttar Pradesh, India.
The Company is engaged in the Engineering 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 2.90 Cr and a paid-up capital of Rs 5.35 M.
The company currently has active open charges totaling ₹395.00 Cr. The company has closed loans amounting to ₹7.50 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Addverb Technologies Limited India are Ashu Kansal as CFO and Divya Aggarwal as Company Secretary. Dhirendra Shah, Ashwin Khasgiwala, Ashok Goyal, and Six other members serve as directors at the Company.
Company Details
- Location
Gautam Buddha Nagar, Uttar Pradesh, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U74999UP2016PLC122944
- Company No.
122944
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
24 Jun 2016
- Date of AGM
20 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Kanpur
Industry
What products or services does Addverb Technologies Limited offer?
Addverb Technologies Limited offers a wide range of products and services, including Machines & Equipments, Industrial Machinery, IT, Networking & Automation Solution, IT Solutions, Material Handling Machines & Systems, Assembly Robots, Warehouses and Warehousing Agents, Warehousing Management Services, Conveyor Systems & Components, Conveyors.
Who are the key members and board of directors at Addverb Technologies?
Executive Team (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Ashu Kansal | CFO | 14-Jun-2019 | Current |
Divya Aggarwal  | Company Secretary | 24-Jun-2020 | Current |
Board Members (9)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Sangeet Kumar | Whole-Time Director | 24-Jun-2016 | Current |
| Kiran Thomas | Director | 16-Sep-2021 | Current |
| Jalaj Dani | Director | 12-Feb-2018 | Current |
| Anish Shah | Director | 16-Sep-2021 | Current |
| Dhirendra Shah | Director | 16-Sep-2021 | Current |
| Ashwin Khasgiwala | Director | 16-Sep-2021 | Current |
Financial Performance of Addverb Technologies.
Addverb Technologies Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 50.68% increase. The company also saw a substantial fall in profitability, with a 62.46% decrease in profit. The company's net worth Soared by an impressive increase of 45.34%.
- Key Matrics
- Balance Sheet
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What is the Ownership and Shareholding Structure of Addverb Technologies?
In 2023, Addverb Technologies had a promoter holding of 58.21% and a public holding of 41.79%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Ryohin-Keikaku Reliance India Private LimitedHetal Rathod is a mutual person
Rise Worldwide LimitedJalaj Dani is a mutual person
Reliance FoundationJalaj Dani is a mutual person
Indiavidual Learning LimitedDhirendra Shah and Kiran Thomas are mutual person
Reliance Luxe Beauty LimitedHetal Rathod is a mutual person
Metro Cash And Carry India LimitedAshwin Khasgiwala is a mutual person
Charges (Loans)
₹395.00 Cr
₹7.50 Cr
Charges Breakdown by Lending Institutions
- Axis Bank Limited : 187.50 Cr
- Hdfc Bank Limited : 162.50 Cr
- Others : 45.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 11 May 2024 | Others | ₹45.00 Cr | Open |
| 31 Jul 2020 | Axis Bank Limited | ₹187.50 Cr | Open |
| 15 Jun 2019 | Hdfc Bank Limited | ₹162.50 Cr | Open |
| 29 Jan 2020 | Tata Capital Financial Services Limited | ₹7.50 Cr | Satisfied |
How Many Employees Work at Addverb Technologies?
Addverb Technologies has a workforce of 768 employees as of Oct 08, 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 Addverb Technologies, 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 Addverb Technologies'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.
