Avantech Web Grid Profile
Key Indicators
- Authorised Capital ₹ 0.90 M
- Paid Up Capital ₹ 0.90 M
- Company Age 5 Year, 11 Months
- Last Filing with ROC 31 Mar 2024
- Revenue Growth -96.45%
- Profit Growth -140.56%
- Ebitda -112.08%
- Net Worth -698.31%
- Total Assets 4.21%
About Avantech Web Grid
Avantech Web Grid Private Limited (AWGPL) is a registered startup operating as a Private Limited Indian Non-Government Company incorporated in India on 29 April 2019 (Five years and 11 months 27 days old ). Its registered office is in Hyderabad, Telangana, 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 0.90 M and a paid-up capital of Rs 0.90 M, as per Ministry of Corporate Affairs (MCA) records.
Venkata Shivakoti, Sidhartha Shivakoti, and Madhavi Shivakoti serve as directors at the Company.
Company Details
- Location
Hyderabad, Telangana, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
- Apps
Corporate Identity Details
- CIN/LLPIN
U72900TG2019PTC132358
- Company No.
132358
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
29 Apr 2019
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Hyderabad
Industry
Information Technology
What products or services does Avantech Web Grid Private Limited offer?
Avantech Web Grid Private Limited offers a wide range of products and services, including Computer and Mobile Softwares & Apps, ERP Packages, Service Management Software, HR Management Software, Accounting & Billing Software, Software Development & IT Consultant, Software Consulting Service, CRM Software, Business Planning and Management, Business Consultant.
Avantech Web Grid Private Limited
Explore comprehensive data for Avantech Web Grid Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Avantech Web Grid?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Sidhartha Shivakoti  | Managing Director | 29-Apr-2019 | Current |
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Venkata Shivakoti | Director | 29-Apr-2019 | Current |
| Madhavi Shivakoti | Director | 18-Nov-2022 | Current |
Financial Performance of Avantech Web Grid.
Avantech Web Grid Private Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 96.45% decrease. The company also saw a substantial fall in profitability, with a 140.56% decrease in profit. The company's net worth observed a substantial decline by a decrease of 698.31%.
- Key Matrics
- Balance Sheet
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What is the Ownership and Shareholding Structure of Avantech Web Grid?
In 2021, Avantech Web Grid 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)
Genesis Poweronics India Private LimitedVenkata Shivakoti and Madhavi Shivakoti are mutual person
Srihi Infra Private LimitedVenkata Shivakoti and Madhavi Shivakoti are mutual person
- Nutsby Fitcare Llp
Sidhartha Shivakoti and Madhavi Shivakoti are mutual person
Charges (Loans)
There are no open charges registered against the company as per our records.
How Many Employees Work at Avantech Web Grid?
Unlock and access historical data on people associated with Avantech Web Grid, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Avantech Web Grid, 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 Avantech Web Grid'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 Avantech Web Grid
Recent activity within the organization
- Annual General Meeting
Avantech Web Grid Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Balance Sheet
Avantech Web Grid Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Hyderabad.
- Director Appointment
Madhavi Shivakoti was appointed as a Director was appointed as a Director on 18 Nov 2022 & has been associated with this company since 2 years 5 months .
- Director Appointment
Venkata Chary Shivakoti was appointed as a Director was appointed as a Director on 29 Apr 2019 & has been associated with this company since 5 years 11 months .
- Director Appointment
Sidhartha Shivakoti was appointed as a Managing Director was appointed as a Managing Director on 29 Apr 2019 & has been associated with this company since 5 years 11 months .
- Company Incorporation
Avantech Web Grid Private Limited was registered on 29 Apr 2019 with Roc Hyderabad & aged 5 years 11 months as per MCA records.
Frequently asked questions
What is the Incorporation or founding date of Avantech Web Grid Private Limited?
Avantech Web Grid Private Limited was incorporated on 29 Apr 2019.
What is authorized share capital and paid-up capital of Avantech Web Grid Private Limited?
The authorized share capital of Avantech Web Grid Private Limited is ₹ 0.90 M and paid-up capital is ₹ 0.90 M.
Who are the current board members & directors of Avantech Web Grid Private Limited?
Currently 3 directors are associated with Avantech Web Grid Private Limited.
- Venkata Chary Shivakoti
- Sidhartha Shivakoti
- Madhavi Shivakoti
What is the registered address of Avantech Web Grid Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Avantech Web Grid Private Limited is Door No.A-46 Madhura Nagar, Ameerpet India, Hyderabad, Telangana, 500038.
What is the corporate identification number (CIN) and company number of Avantech Web Grid Private Limited?
The corporate identification number (CIN) of Avantech Web Grid Private Limited is U72900TG2019PTC132358 and the company number is 132358 as per Ministry of Corporate Affairs (MCA).
What is the official website of Avantech Web Grid Private Limited?
The Official website of Avantech Web Grid Private Limited is https://www.webgrid.in
What has been the recent revenue trend for Avantech Web Grid Private Limited?
According to the financial reports for the fiscal year 2022, the revenue trend for Avantech Web Grid Private Limited has fallen by -96.45%.
What change has been observed in the net worth of Avantech Web Grid Private Limited, and by what percentage?
The financial reports for the fiscal year 2022 indicates that The net worth of Avantech Web Grid Private Limited has experienced an downturn of -698.31%.
When was the last Balance Sheet of Avantech Web Grid Private Limited filed with the ROC?
The most recent Balance Sheet for Avantech Web Grid Private Limited was filed with the ROC on 31 Mar 2024.
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