Avalon Technology And Services Profile
Key Indicators
- Authorised Capital ₹ 2.50 M
- Paid Up Capital ₹ 1.30 M
- Company Age 16 Year, 7 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 64.50 Cr
- Satisfied Charges ₹ 16.12 Cr
- Revenue Growth 18.23%
- Profit Growth 45.20%
- Ebitda 29.61%
- Net Worth 45.15%
- Total Assets 27.07%
About Avalon Technology And Services
Avalon Technology And Services Private Limited (ATASPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 21 August 2008 and has a history of 16 years and seven months. Its registered office is in Kanchipuram, Tamil Nadu, 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 2024. It's a company limited by shares with an authorized capital of Rs 2.50 M and a paid-up capital of Rs 1.30 M.
The company currently has active open charges totaling ₹64.50 Cr. The company has closed loans amounting to ₹16.12 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Avalon Technology And Services Private Limited India is Veerappan Suresh as CFO. Thayagath Imbichammad, Kunhamed Bicha, Byas Nambisan, and Two other members serve as directors at the Company.
Company Details
- Location
Kanchipuram, Tamil Nadu, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U72100TN2008PTC068955
- Company No.
068955
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
21 Aug 2008
- Date of AGM
05 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Chennai
Industry
Information Technology
Machinery and Equipment
Manufacturing
What products or services does Avalon Technology And Services Private Limited offer?
Avalon Technology And Services Private Limited offers a wide range of products and services, including Architectural & Civil Engineering, Engineering Consultant Service, Software Development & IT Consultant, Integration Support Service, Electric Circuit Components & Spares, Electronic Components, 3D Printer & Services, 3D Prototype Printing Services, Router, Cables & Networking Devices, Signal Cables.
Who are the key members and board of directors at Avalon Technology And Services?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Veerappan Suresh | CFO | 16-Nov-2024 | Current |
Board Members (5)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Kunhamed Bicha  | Director | 16-Aug-2013 | Current |
Thayagath Imbichammad  | Director | 21-Aug-2008 | Current |
| Byas Nambisan | Director | 02-Aug-2022 | Current |
| Srinivasan Bhaskar | Director | 16-Aug-2013 | Current |
| Luquman Ediyanam | Director | 03-Mar-2017 | Current |
Financial Performance of Avalon Technology And Services.
Avalon Technology And Services Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 18.23% increase. The company also saw a substantial improvement in profitability, with a 45.2% increase in profit. The company's net worth Soared by an impressive increase of 45.15%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Avalon Technology And Services?
In 2023, Avalon Technology And Services had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
- Avalon Technologies Limited
Kunhamed Bicha, Byas Nambisan and 2 more are mutual person
Malabar Sports And Recreation FoundationThayagath Imbichammad is a mutual person
- Lameez Builders And Developers (India) Private Limited
Luquman Ediyanam is a mutual person
- Fidato Condominiums Private Limited
Luquman Ediyanam is a mutual person
- Lamya Builders And Developers (India) Private Limited
Luquman Ediyanam is a mutual person
Charges (Loans)
Open Charges
₹645.00 M
Satisfied Charges
₹161.19 M
Charges Breakdown by Lending Institutions
- Indian Bank : 50.00 Cr
- Hdfc Bank Limited : 10.00 Cr
- Standard Chartered Bank : 4.50 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 22 May 2024 | Standard Chartered Bank | ₹4.50 Cr | Open |
| 19 Jul 2023 | Hdfc Bank Limited | ₹10.00 Cr | Open |
| 19 Feb 2016 | Indian Bank | ₹50.00 Cr | Open |
| 29 Dec 2021 | Indian Bank | ₹3.20 Cr | Satisfied |
| 30 Jan 2020 | Others | ₹9.19 M | Satisfied |
How Many Employees Work at Avalon Technology And Services?
Avalon Technology And Services has a workforce of 752 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Avalon Technology And Services, 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 Avalon Technology And Services'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.
Latest Updates, News, and FAQs on Avalon Technology And Services
Recent activity within the organization
- Director Appointment
Veerappan Suresh was appointed as a Cfo was appointed as a Cfo on 16 Nov 2024 & has been associated with this company since 4 months 12 days .
- Annual General Meeting
Avalon Technology And Services Private Limited last Annual general meeting of members was held on 05 Sep 2024 as per latest MCA records.
- Charges
A charge with Standard Chartered Bank amounted to Rs. 45.00 M with Charge ID 100929370 was registered on 22 May 2024.
- Balance Sheet
Avalon Technology And Services Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.
- Charges
A charge registered on 30 Jan 2020 via Charge ID 100332896 with Others was fully satisfied on 26 Jul 2023.
- Charges
A charge with Hdfc Bank Limited amounted to Rs. 100.00 M with Charge ID 100764043 was registered on 19 Jul 2023.
Frequently asked questions
What is the Incorporation or founding date of Avalon Technology And Services Private Limited?
Avalon Technology And Services Private Limited was incorporated on 21 Aug 2008.
What is authorized share capital and paid-up capital of Avalon Technology And Services Private Limited?
The authorized share capital of Avalon Technology And Services Private Limited is ₹ 2.50 M and paid-up capital is ₹ 1.30 M.
Who are the current board members & directors of Avalon Technology And Services Private Limited?
Currently 6 directors are associated with Avalon Technology And Services Private Limited.
- Thayagath Puthan Vettil Imbichammad
- Kunhamed Bicha
- Byas Unnikrishnan Nambisan
- Srinivasan Bhaskar
- Luquman Veedu Ediyanam
- Veerappan Suresh
What is the registered address of Avalon Technology And Services Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Avalon Technology And Services Private Limited is Plot No. A-6 A-7 Phase- 2 Mepz-Sez, Tambaram India, Chennai, Tamil Nadu, 600045.
What is the corporate identification number (CIN) and company number of Avalon Technology And Services Private Limited?
The corporate identification number (CIN) of Avalon Technology And Services Private Limited is U72100TN2008PTC068955 and the company number is 068955 as per Ministry of Corporate Affairs (MCA).
What is the official website of Avalon Technology And Services Private Limited?
The Official website of Avalon Technology And Services Private Limited is https://www.avalontec.com
What has been the recent revenue trend for Avalon Technology And Services Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Avalon Technology And Services Private Limited has risen by 18.23%.
How many employees does Avalon Technology And Services Private Limited currently have?
As Per 2023 financial reports, 752 employees are currently employed by Avalon Technology And Services Private Limited.
What change has been observed in the net worth of Avalon Technology And Services Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Avalon Technology And Services Private Limited has experienced an upsurge of 45.15%.
What are the total open charges for Avalon Technology And Services Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Avalon Technology And Services Private Limited amount to ₹ 64.50 Cr.
When was the last Balance Sheet of Avalon Technology And Services Private Limited filed with the ROC?
The most recent Balance Sheet for Avalon Technology And Services Private Limited was filed with the ROC on 31 Mar 2024.
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