Advith Itec Private Limited logo

Advith Itec Private Limited

Provides automated workflow management solutions for accounting, tax compliance, and corporate law.
2020 | Bangaluru, Karnataka (India) | Active

Last Updated:

October 30, 2024
HomeCompanyAdvith Itec Private Limited

Who are the key members and board of directors at Advith Itec?

Board Members(2)

NameDesignationAppointment DateStatus
Srinivasa Krishna In Director 17-May-2021Current
Rotti Suchindra In Director 08-Jun-2021Current

Financial Performance of Advith Itec.

Advith Itec Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 90.02% increase. The company also saw a substantial fall in profitability, with a 51.04% decrease in profit. The company's net worth observed a substantial decline by a decrease of 13.22%.

Revenue Growth Graph
Profit Loss Graph
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metric
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
90.02%
Revenue from Operations
90.12%
Total Assets
20.77%
Profit or Loss
-51.04%
Net Worth
-13.22%
EBITDA
323.33%

Related Corporates (Common Directorship)

Charges (Loans)

Open Charges

₹4.47 M

LenderAmountStatus

Canara Bank

Creation Date: 15 Apr 2023
₹0.77 MOpen

Canara Bank

Creation Date: 24 Nov 2022
₹1.00 MOpen

Canara Bank

Creation Date: 24 Mar 2022
₹1.70 MOpen

How Many Employees Work at Advith Itec?

Advith Itec has a workforce of 23 employees as of Mar 26, 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.

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Latest Updates, News, and FAQs on Advith Itec

Recent activity within the organization

  • Annual General Meeting

    Advith Itec Private Limited last Annual general meeting of members was held on 24 Jul 2024 as per latest MCA records.

    24 Jul 2024

  • Balance Sheet

    Advith Itec Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.

    31 Mar 2024

  • Charges

    A charge with Canara Bank of Rs. 1.00 M registered on 24 Nov 2022 with Charge ID 100680176 was modified on 19 Jan 2024.

    19 Jan 2024

  • Charges

    A charge with Canara Bank amounted to Rs. 0.77 M with Charge ID 100724638 was registered on 15 Apr 2023.

    15 Apr 2023

  • Charges

    A charge with Canara Bank amounted to Rs. 1.00 M with Charge ID 100680176 was registered on 24 Nov 2022.

    24 Nov 2022

  • Charges

    A charge with Canara Bank amounted to Rs. 1.70 M with Charge ID 100556143 was registered on 24 Mar 2022.

    24 Mar 2022

Frequently asked questions

  • Advith Itec Private Limited was incorporated on 12 Feb 2020.

  • The authorized share capital of Advith Itec Private Limited is ₹ 1.00 M and paid-up capital is ₹ 0.13 M.

  • Currently 2 directors are associated with Advith Itec Private Limited.

    • Srinivasa Upadhya Krishna
    • Rotti Krishnamurthy Suchindra
  • As per Ministry of Corporate Affairs (Mca), the registered address of Advith Itec Private Limited is No. 43, 'Shri Krishna' 80 Feet Road Sbm Colony India, Bangalore, Karnataka, 560050.

  • The corporate identification number (CIN) of Advith Itec Private Limited is U74999KA2020PTC132598 and the company number is 132598 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Advith Itec Private Limited is https://www.advithitec.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Advith Itec Private Limited has risen by 90.02%.

  • As Per 2023 financial reports, 23 employees are currently employed by Advith Itec Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Advith Itec Private Limited has experienced an downturn of -13.22%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Advith Itec Private Limited amount to ₹ 4.47 M.

  • The most recent Balance Sheet for Advith Itec Private Limited was filed with the ROC on 31 Mar 2024.

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