About
Basic Data Updated:
2 days agoAvantel Limited is involved in the manufacturing of telecom products and the provision of related customer support services. The operation of the company is carried out through the electronics and communication segment. Specializing in the integration of technologies such as wireless front-end, satellite communication, embedded systems, signal processing, network management, and software development, AL offers a wide range of wireless, satcom products, software solutions, and services. The company also provides end-to-end solutions for the Indian National Satellite System (INSAT)-based mobile satellite services. The wireless products offered by AL include radar subsystems, radios, and radio frequency (RF) subsystems. Additionally, the company offers software solutions for application development, electronic design services, multimedia, and embedded systems. AL prides itself on its complete in-house creative and production capabilities, which encompass everything from concept development and script writing to programming, assembly, and testing.
Industry
Company Details
- Location
Visakhapatnam, Andhra Pradesh, India
- Website12224421
- Telephone12224421
- Email Address12224421
- Social Media12224421
| CIN/LLPIN/FCRN | L72200AP1990PLC011334 |
| Company No. | 011334 |
| Stock Symbol | BSE : 532406 |
| Company Classification | Public Limited Indian Non-Government Company |
| Incorporation Date | 30 May 1990 |
| Date of AGM | 23 Jun 2023 |
| Date of Balance Sheet | 31 Mar 2023 |
| Listing Status | Listed |
| ROC Code | Roc Vijayawada |
Products or Services related to Avantel Limited
Mobile Computer
Repeater
RF Passive Components
Security Service
Financials of Avantel Limited
Avantel Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 45.56% increase. The company also saw a substantial improvement in profitability, with a 56.62% increase in profit. The company's net worth Soared by an impressive increase of 33.64%.
Corporate Structure
Unlock access to Avantel'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.
People in Avantel Limited
Unlock and access historical data on people associated with Avantel, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Executive Team (3)
AV
Abburi Vidyasagar
Managing DirectorAppointment Date: 01-Apr-2007
Status: Current
AS
Abburi Sarada CFOAppointment Date: 14-May-2014
Status: Current
RD
Rajasekhara Dondeti Company SecretaryAppointment Date: 21-Oct-2022
Status: Current
Board Members(8)
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Canara Bank Creation Date: 26 Jul 1996 | ₹69.50 Cr | Open |
Anz Grindlays Bank Creation Date: 22 Dec 1995 | ₹0.20 M | Open |
Canara Bank Creation Date: 09 Jan 2023 | ₹6.50 Cr | Satisfied |
Deals i
Gain comprehensive insights into the Deals and Valuation data of Avantel, 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 Avantel's trajectory.
Rating
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Alert
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Related Corporates (Common Directorship)
43 years 4 months 
Recent activity within the organization
Director Appointment
Harita Vasireddi was appointed as a Additional Director was appointed as a Additional Director on 14 Mar 2024 & has been associated with this company since 1 month 27 days .
14 Mar 2024Director Appointment
Ajit Tavanappa Kalghatgi was appointed as a Additional Director was appointed as a Additional Director on 14 Mar 2024 & has been associated with this company since 1 month 27 days .
14 Mar 2024Charges
A charge with Canara Bank of Rs. 69.50 cr registered on 26 Jul 1996 with Charge ID 90137883 was modified on 17 Nov 2023.
17 Nov 2023Annual General Meeting
Avantel Limited last Annual general meeting of members was held on 23 Jun 2023 as per latest MCA records.
23 Jun 2023Balance Sheet
Avantel Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Vijayawada.
31 Mar 2023
Recent News, Updates & Announcement
Avantel Ltd Secures Order Valued at Rs 424 Crores.News on Projects 04 Mar 2024
- Avantel has received an Order worth Rs6792 Cr.
Ismdu 03 Dec 2023
- Avantels Q2 FY24 Results Revenue and Profit Soar SGA Expenses and Operating Income See Significant Growth EPS and Stock Performance on Fire.
Avantel be like Q2 FY24 results are lit Revenue and profit up by 4999 and 16165 YoY Qoq revenue down but profit still up by 10062 SGA expenses also up by 6544 qoq and 8311 YoY Operating income also improved by 839 qoq and 16874 YoY EPS at 198 up by 1615 YoY Stock performance on fire with 33238 YTD return Market cap at 269097 Cr winning growth moneytalks.
mint 12 Oct 2023
- Avantel Ltd Financial Results For June 30 2018.
Business Line 02 Aug 2018
Frequently asked questions
What is the Incorporation or founding date of Avantel Limited?
