Avantari Technologies Private Limited

IT design and development services for healthcare products, drugs, and medical equipment.

2014 | Hyderabad, Telangana (India) | Active
Last Updated: November 16, 2024

Avantari Technologies Profile

Key Indicators

  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 0.11 M
  • Company Age 10 Year, 11 Months
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth -76.32%
  • Profit Growth -93.67%
  • Ebitda -132.64%
  • Net Worth -0.68%
  • Total Assets 6.94%

About Avantari Technologies

Avantari Technologies Private Limited (ATPL) is a Private Limited Indian Non-Government Company incorporated in India on 13 February 2014 and has a history of Ten years and 11 months. Its registered office is in Hyderabad, Telangana, India.

The Corporate was formerly known as Avantari Medical Technologies Private Limited. 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 1.00 M and a paid-up capital of Rs 0.11 M, as per Ministry of Corporate Affairs (MCA) records.

Bhairav Shankar and Premdutta Shankar serve as directors at the Company.

Company Details

  • Location

    Hyderabad, Telangana, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U85100TG2014PTC092939

  • Company No.

    092939

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    13 Feb 2014

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Hyderabad

Industry

Information Technology

Who are the key members and board of directors at Avantari Technologies?

Board Members (2)

Name Designation Appointment Date Status
Bhairav Shankar Country flag representing In Director 13-Feb-2014 Current
Premdutta Shankar Country flag representing In Director Current

Financial Performance of Avantari Technologies.

Avantari Technologies Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 76.32% decrease. The company also saw a substantial fall in profitability, with a 93.67% decrease in profit. The company's net worth dipped by a decrease of 0.68%.

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
-76.32%
Revenue from Operations
-67.64%
Total Assets
6.94%
Profit or Loss
-93.67%
Net Worth
-0.68%
EBITDA
-132.64%

What is the Ownership and Shareholding Structure of Avantari Technologies?

In 2023, Avantari Technologies had a promoter holding of 95.19% and a public holding of 4.81%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Avantari Technologies?

Avantari Technologies has a workforce of 12 employees as of Apr 09, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Avantari 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 Avantari Technologies'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 Avantari Technologies

Recent activity within the organization

  • Annual General Meeting

    Avantari Technologies Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Avantari Technologies Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Hyderabad.

    31 Mar 2024

  • Director Appointment

    Bhairav Shankar was appointed as a Director was appointed as a Director on 13 Feb 2014 & has been associated with this company since 10 years 11 months .

    13 Feb 2014

  • Company Incorporation

    Avantari Technologies Private Limited was registered on 13 Feb 2014 with Roc Hyderabad & aged 10 years 11 months as per MCA records.

    13 Feb 2014

Frequently asked questions

  • Avantari Technologies Private Limited was incorporated on 13 Feb 2014.

  • The authorized share capital of Avantari Technologies Private Limited is ₹ 1.00 M and paid-up capital is ₹ 0.11 M.

  • Currently 2 directors are associated with Avantari Technologies Private Limited.

    • Bhairav Shankar
    • Premdutta Shankar
  • As per Ministry of Corporate Affairs (Mca), the registered address of Avantari Technologies Private Limited is Plot No-185, Road No-76 Jubilee Hills India, Hyderabad, Telangana, 500033.

  • The corporate identification number (CIN) of Avantari Technologies Private Limited is U85100TG2014PTC092939 and the company number is 092939 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Avantari Technologies Private Limited is https://www.avantari.org

  • According to the financial reports for the fiscal year 2023, the revenue trend for Avantari Technologies Private Limited has fallen by -76.32%.

  • As Per 2023 financial reports, 12 employees are currently employed by Avantari Technologies Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Avantari Technologies Private Limited has experienced an downturn of -0.68%.

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

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