Avasarala Technologies Limited

Manufacturer of components for nuclear and space industries, healthcare equipment, and factory automation products.

1987 | Bangaluru, Karnataka (India) | Under Insolvency
Last Updated:

Avasarala Technologies Profile

Key Indicators

  • Authorised Capital ₹ 23.00 Cr
  • Paid Up Capital ₹ 9.59 Cr
  • Company Age 38 Year, 2 Months
  • Last Filing with ROC 31 Mar 2021
  • Open Charges ₹ 145.13 Cr
  • Satisfied Charges ₹ 888.08 Cr
  • Revenue Growth 0.49%
  • Profit Growth 223.25%
  • Ebitda 442.08%
  • Net Worth 2.99%
  • Total Assets -1.09%

About Avasarala Technologies

Avasarala Technologies Limited (ATL) is Under Cirp company established on 09 Mar 1987 with its office registered at Bangaluru, Karnataka, India and has been running since 38 Year, 2 Months with a paid up capital of 9.59 Cr. According to MCA records, 3 Directors and 1 Signatories are linked to this company as of 15 Jan 2025.

Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U85110KA1987PLC008228

  • Company No.

    008228

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    09 Mar 1987

  • Date of AGM

    30 Sep 2021

  • Date of Balance Sheet

    31 Mar 2021

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Machinery and Equipment

What products or services does Avasarala Technologies Limited offer?

Avasarala Technologies Limited offers a wide range of products and services, including Machines & Equipments, Assembly Equipment, Environment Protection & Auditing, Environmental Consultants, Industrial Automation Systems, Chain Conveyors, Slat Conveyor, CNC Machined Components, Precision Machined Components, Process Controllers.

Company report

Avasarala Technologies Limited

Explore comprehensive data for Avasarala Technologies Limited, including financials, compliance details, shareholding patterns, and litigation history.

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

Executive Team (2)

NameDesignationAppointment DateStatus
Thavuthkhanpet Mani Country flag representing In Managing Director09-Mar-1987Current
Sumit Pamecha Country flag representing In Company Secretary19-Sep-2019Current

Board Members (2)

NameDesignationAppointment DateStatus
Kamlesh Chechani Country flag representing In Director 08-Jun-2018Current
Meena Mani Country flag representing In Director 26-Jun-2020Current

Financial Performance of Avasarala Technologies.

Avasarala Technologies Limited, for the financial year ended 2021, experienced modest growth in revenue, with a 0.49% increase. The company also saw a substantial improvement in profitability, with a 223.25% increase in profit. The company's net worth moved up by a moderate rise of 2.99%.

Avasarala Technologies revenue growth over time
Avasarala Technologies 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
0.49%
Revenue from Operations
15.35%
Total Assets
-1.09%
Profit or Loss
223.25%
Net Worth
2.99%
EBITDA
442.08%

What is the Ownership and Shareholding Structure of Avasarala Technologies?

In 2021, Avasarala Technologies had a promoter holding of 51.77% and a public holding of 48.23%. The company had 2 Subsidiaries. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹145.13 Cr

Satisfied Charges

₹888.08 Cr

Charges Breakdown by Lending Institutions

  • Indian Overseas Bank : 110.25 Cr
  • Others : 30.00 Cr
  • Canara Bank : 4.88 Cr

Latest Charge Details

DateLenderAmountStatus
22 Aug 2022Others₹30.00 CrOpen
26 Mar 2011Indian Overseas Bank₹110.25 CrOpen
08 Oct 1996Canara Bank₹4.86 CrOpen
19 Aug 1987Canara Bank₹0.20 MOpen
21 Jul 2012The Karur Vysya Bank Limited₹52.54 CrSatisfied

How Many Employees Work at Avasarala Technologies?

Avasarala Technologies has a workforce of 307 employees as of Apr 06, 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.

Employee growth trends for Avasarala Technologies Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Avasarala 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 Avasarala 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 Avasarala Technologies

Recent activity within the organization

  • Charges

    A charge with Others of Rs. 30.00 Cr registered on 22 Aug 2022 with Charge ID 100617823 was modified on 21 Dec 2022.

  • Charges

    A charge with Others amounted to Rs. 30.00 Cr with Charge ID 100617823 was registered on 22 Aug 2022.

  • Charges

    A charge registered on 16 Jan 2006 via Charge ID 80004172 with State Bank Of Travancore was fully satisfied on 17 Aug 2022.

  • Charges

    A charge registered on 10 Dec 2005 via Charge ID 80008043 with State Bank Of India was fully satisfied on 17 Aug 2022.

  • Charges

    A charge registered on 14 Aug 2004 via Charge ID 80008050 with State Bank Of India was fully satisfied on 17 Aug 2022.

  • Charges

    A charge registered on 14 Aug 2004 via Charge ID 80008053 with State Bank Of India was fully satisfied on 17 Aug 2022.

Frequently asked questions

  • What is the Incorporation or founding date of Avasarala Technologies Limited?

    Avasarala Technologies Limited was incorporated on 09 Mar 1987.

  • What is authorized share capital and paid-up capital of Avasarala Technologies Limited?

    The authorized share capital of Avasarala Technologies Limited is ₹ 23.00 Cr and paid-up capital is ₹ 9.59 Cr.

  • Who are the current board members & directors of Avasarala Technologies Limited?

    Currently 4 directors are associated with Avasarala Technologies Limited.

    • Thavuthkhanpet Thanigai Mani
    • Kamlesh Satyanarayan Chechani
    • Meena Mani
    • Sumit Kumar Pamecha

  • What is the registered address of Avasarala Technologies Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Avasarala Technologies Limited is No. 60 K Choodahalli Village Somanahalli Gate, Kanakapura Main Road India, Bangalore, Karnataka, 560082.

  • What is the corporate identification number (CIN) and company number of Avasarala Technologies Limited?

    The corporate identification number (CIN) of Avasarala Technologies Limited is U85110KA1987PLC008228 and the company number is 008228 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Avasarala Technologies Limited?

    The Official website of Avasarala Technologies Limited is https://www.avasarala.com

  • What has been the recent revenue trend for Avasarala Technologies Limited?

    According to the financial reports for the fiscal year 2021, the revenue trend for Avasarala Technologies Limited has risen by 0.49%.

  • How many employees does Avasarala Technologies Limited currently have?

    As Per 2021 financial reports, 307 employees are currently employed by Avasarala Technologies Limited.

  • What change has been observed in the net worth of Avasarala Technologies Limited, and by what percentage?

    The financial reports for the fiscal year 2021 indicates that The net worth of Avasarala Technologies Limited has experienced an upsurge of 2.99%.

  • What are the total open charges for Avasarala Technologies Limited?

    As per the financial statements for fiscal Year 2021, The total open charges for Avasarala Technologies Limited amount to ₹ 145.13 Cr.

  • When was the last Balance Sheet of Avasarala Technologies Limited filed with the ROC?

    The most recent Balance Sheet for Avasarala Technologies Limited was filed with the ROC on 31 Mar 2021.

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