Av Sourcing Private Limited

IT company providing computer and software services, established in 2016 in Bangalore.

2016 | Bangaluru, Karnataka (India) | Active
Last Updated: January 20, 2025

Av Sourcing Profile

Key Indicators

  • Authorised Capital ₹ 0.50 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 8 Year, 11 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 3.50 Cr
  • Revenue Growth 476.65%
  • Profit Growth 181.14%
  • Ebitda 302.88%
  • Net Worth 127.41%
  • Total Assets 56.67%

About Av Sourcing

Av Sourcing Private Limited (ASPL) is a Private Limited Indian Non-Government Company incorporated in India on 04 March 2016 (Eight years and 11 months 1 days old ). Its registered office is in Bangaluru, Karnataka, India.

The Company is engaged in the Information Technology 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 0.50 M and a paid-up capital of Rs 0.10 M.

The company currently has active open charges totaling ₹3.50 Cr.

Anilkumar Navarathna and Shantamurthy Veena serve as directors at the Company.

Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U72200KA2016PTC086687

  • Company No.

    086687

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    04 Mar 2016

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Information Technology

Who are the key members and board of directors at Av Sourcing?

Board Members (2)

Name Designation Appointment Date Status
Shantamurthy Veena Country flag representing In Director 04-Mar-2016 Current
Anilkumar Navarathna Country flag representing In Director 01-Oct-2021 Current

Financial Performance of Av Sourcing.

Av Sourcing Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 476.65% increase. The company also saw a substantial improvement in profitability, with a 181.14% increase in profit. The company's net worth Soared by an impressive increase of 127.41%.

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
476.65%
Revenue from Operations
479.55%
Total Assets
56.67%
Profit or Loss
181.14%
Net Worth
127.41%
EBITDA
302.88%

What is the Ownership and Shareholding Structure of Av Sourcing?

Unlock access to Av Sourcing's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹35.00 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Canara Bank : 3.50 Cr

Latest Charge Details

Date Lender Amount Status
18 Jul 2016 Canara Bank ₹3.50 Cr Open

How Many Employees Work at Av Sourcing?

Unlock and access historical data on people associated with Av Sourcing, 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 Av Sourcing, 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 Av Sourcing'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 Av Sourcing

Recent activity within the organization

  • Charges

    A charge with Canara Bank of Rs. 35.00 M registered on 18 Jul 2016 with Charge ID 100072272 was modified on 19 Jun 2024.

    19 Jun 2024

  • Annual General Meeting

    Av Sourcing Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Av Sourcing Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.

    31 Mar 2023

  • Director Appointment

    Anilkumar Badarinath Navarathna was appointed as a Director was appointed as a Director on 01 Oct 2021 & has been associated with this company since 3 years 4 months .

    01 Oct 2021

  • Charges

    A charge with Canara Bank amounted to Rs. 35.00 M with Charge ID 100072272 was registered on 18 Jul 2016.

    18 Jul 2016

  • Director Appointment

    Shantamurthy Veena was appointed as a Director was appointed as a Director on 04 Mar 2016 & has been associated with this company since 8 years 11 months .

    04 Mar 2016

Frequently asked questions

  • Av Sourcing Private Limited was incorporated on 04 Mar 2016.

  • The authorized share capital of Av Sourcing Private Limited is ₹ 0.50 M and paid-up capital is ₹ 0.10 M.

  • Currently 2 directors are associated with Av Sourcing Private Limited.

    • Anilkumar Badarinath Navarathna
    • Shantamurthy Veena
  • As per Ministry of Corporate Affairs (Mca), the registered address of Av Sourcing Private Limited is No. 827 'Skanda' 3Rd Floor 29Th Main Poornapragna Layout Uttarahalli Main Ro Ad, India, Bangalore, Karnataka, 560061.

  • The corporate identification number (CIN) of Av Sourcing Private Limited is U72200KA2016PTC086687 and the company number is 086687 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Av Sourcing Private Limited is https://www.avsourcing.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Av Sourcing Private Limited has risen by 476.65%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Av Sourcing Private Limited has experienced an upsurge of 127.41%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Av Sourcing Private Limited amount to ₹ 3.50 Cr.

  • The most recent Balance Sheet for Av Sourcing Private Limited was filed with the ROC on 31 Mar 2023.