Avantika Innovations Private Limited

Software design and development, business solutions, project consulting, and market research services.

2009 | Kamrup, Assam (India) | Active
Last Updated:

Avantika Innovations Profile

Key Indicators

  • Authorised Capital ₹ 0.50 M
  • Paid Up Capital ₹ 0.47 M
  • Company Age 15 Year, 6 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 5.00 M
  • Satisfied Charges ₹ 1.35 M
  • Revenue Growth -64.40%
  • Profit Growth -541.44%
  • Ebitda -528.57%
  • Net Worth -9.51%
  • Total Assets 0.12%

About Avantika Innovations

Avantika Innovations Private Limited (AIPL) is a Private Limited Indian Non-Government Company incorporated in India on 12 August 2009 and has a history of 15 years and six months. Its registered office is in Kamrup, Assam, 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 0.50 M and a paid-up capital of Rs 0.47 M.

The company currently has active open charges totaling ₹5.00 M. The company has closed loans amounting to ₹1.35 M, as per Ministry of Corporate Affairs (MCA) records.

Anil Saraf and Abhimanyu Saraf serve as directors at the Company.

Company Details

  • Location

    Kamrup, Assam, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    avantikain.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U72900AS2009PTC009173

  • Company No.

    009173

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    12 Aug 2009

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Shillong

Industry

Information Technology

Who are the key members and board of directors at Avantika Innovations?

Board Members (2)

NameDesignationAppointment DateStatus
Anil Saraf Country flag representing In Director 24-Nov-2014Current
Abhimanyu Saraf Country flag representing In Director 20-Jul-2013Current

Financial Performance of Avantika Innovations.

Avantika Innovations Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 64.4% decrease. The company also saw a substantial fall in profitability, with a 541.44% decrease in profit. The company's net worth dipped by a decrease of 9.51%.

Avantika Innovations revenue growth over time
Avantika Innovations 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
-64.40%
Revenue from Operations
-64.40%
Total Assets
0.12%
Profit or Loss
-541.44%
Net Worth
-9.51%
EBITDA
-528.57%

What is the Ownership and Shareholding Structure of Avantika Innovations?

In 2023, Avantika Innovations had a promoter holding of 84.89% and a public holding of 15.11%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹5.00 M

Satisfied Charges

₹1.35 M

Charges Breakdown by Lending Institutions

  • Others : 0.50 Cr

Latest Charge Details

DateLenderAmountStatus
21 Mar 2011Others₹5.00 MOpen
18 Dec 2020Others₹0.36 MSatisfied
20 Jun 2020Others₹0.98 MSatisfied

How Many Employees Work at Avantika Innovations?

Unlock and access historical data on people associated with Avantika Innovations, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee growth trends for Avantika Innovations Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Avantika Innovations, 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 Avantika Innovations'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 Avantika Innovations

Recent activity within the organization

  • Annual General Meeting

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

  • Balance Sheet

    Avantika Innovations Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Shillong.

  • Charges

    A charge registered on 18 Dec 2020 via Charge ID 100395848 with Others was fully satisfied on 19 Apr 2021.

  • Charges

    A charge registered on 20 Jun 2020 via Charge ID 100395953 with Others was fully satisfied on 19 Apr 2021.

  • Charges

    A charge with Others amounted to Rs. 0.36 M with Charge ID 100395848 was registered on 18 Dec 2020.

  • Charges

    A charge with Others amounted to Rs. 0.98 M with Charge ID 100395953 was registered on 20 Jun 2020.

Frequently asked questions

  • What is the Incorporation or founding date of Avantika Innovations Private Limited?

    Avantika Innovations Private Limited was incorporated on 12 Aug 2009.

  • What is authorized share capital and paid-up capital of Avantika Innovations Private Limited?

    The authorized share capital of Avantika Innovations Private Limited is ₹ 0.50 M and paid-up capital is ₹ 0.47 M.

  • Who are the current board members & directors of Avantika Innovations Private Limited?

    Currently 2 directors are associated with Avantika Innovations Private Limited.

    • Anil Saraf
    • Abhimanyu Saraf

  • What is the registered address of Avantika Innovations Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Avantika Innovations Private Limited is Spanish Square 2Nd Floor Commercial Complex Garden, R G Baruah Road India, Guwahati, Assam, 781005.

  • What is the corporate identification number (CIN) and company number of Avantika Innovations Private Limited?

    The corporate identification number (CIN) of Avantika Innovations Private Limited is U72900AS2009PTC009173 and the company number is 009173 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Avantika Innovations Private Limited?

    The Official website of Avantika Innovations Private Limited is https://www.avantikain.com

  • What has been the recent revenue trend for Avantika Innovations Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Avantika Innovations Private Limited has fallen by -64.40%.

  • What change has been observed in the net worth of Avantika Innovations Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Avantika Innovations Private Limited has experienced an downturn of -9.51%.

  • What are the total open charges for Avantika Innovations Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Avantika Innovations Private Limited amount to ₹ 5.00 M.

  • When was the last Balance Sheet of Avantika Innovations Private Limited filed with the ROC?

    The most recent Balance Sheet for Avantika Innovations Private Limited was filed with the ROC on 31 Mar 2024.

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