Avantech Web Grid Profile
Key Indicators
- Authorised Capital ₹ 0.90 M
as on 14-12-2024
- Paid Up Capital ₹ 0.90 M
as on 14-12-2024
- Company Age 5 Year, 7 Months
- Last Filing with ROC 31 Mar 2024
- Revenue -96.45%
(FY 2022)
- Profit -140.56%
(FY 2022)
- Ebitda -112.08%
(FY 2022)
- Net Worth -698.31%
(FY 2022)
- Total Assets 4.21%
(FY 2022)
About Avantech Web Grid
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.
- 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
Company Details
- Location
Hyderabad, Telangana, India
- Telephone
- Email Address
- Website
- Social Media
- Apps
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.
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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- Cash Flow
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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 LimitedActive 18 years 6 monthsVenkata Shivakoti and Madhavi Shivakoti are mutual person
Srihi Infra Private LimitedActive 5 years 4 monthsVenkata Shivakoti and Madhavi Shivakoti are mutual person
- Nutsby Fitcare LlpActive 1 year 5 months
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
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