Avasarala Technologies Limited logo

Avasarala Technologies Limited

Manufacturer of components for nuclear and space industries, healthcare equipment, and factory automation products.
1987 | Bangalore, Karnataka (India) | Under Insolvency

Last Updated:

April 23, 2024
HomeCompanyAvasarala Technologies Limited

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

Executive Team (2)

NameDesignationAppointment DateStatus
Thavuthkhanpet Mani InManaging Director09-Mar-1987Current
Sumit Pamecha InCompany Secretary19-Sep-2019Current

Board Members(2)

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

Financial Performance and Corporate Structure Insights 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%.

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  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metric
(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%

Related Corporates (Common Directorship)

Charges (Loans)

Open Charges Satisfied Charges

₹145.13 Cr

₹888.08 Cr

LenderAmountStatus

Others

Creation Date: 22 Aug 2022
₹30.00 CrOpen

Indian Overseas Bank

Creation Date: 26 Mar 2011
₹110.25 CrOpen

Canara Bank

Creation Date: 08 Oct 1996
₹4.86 CrOpen

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.

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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.

    21 Dec 2022

  • Charges

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

    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.

    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.

    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.

    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.

    17 Aug 2022

Frequently asked questions

  • Avasarala Technologies Limited was incorporated on 09 Mar 1987.

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

  • Currently 4 directors are associated with Avasarala Technologies Limited.

    • Thavuthkhanpet Thanigai Mani
    • Kamlesh Satyanarayan Chechani
    • Meena Mani
    • Sumit Kumar Pamecha
  • 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, Bangalore, Karnataka, India, 560082.

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

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

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

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

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

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

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

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