Avaso Tech Profile
Key Indicators
- Authorised Capital ₹ 0.10 M
- Paid Up Capital ₹ 0.10 M
- Company Age 10 Year, 2 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 20.12 Cr
- Revenue Growth 27.45%
- Profit Growth 32.61%
- Ebitda 20.38%
- Net Worth 47.38%
- Total Assets 30.25%
About Avaso Tech
Avaso Tech Private Limited (ATPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 14 March 2015 and has a history of Ten years and two months. Its registered office is in Rupnagar, Punjab, 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 0.10 M and a paid-up capital of Rs 0.10 M.
The company currently has active open charges totaling ₹20.12 Cr.
The Key Managerial Personnel (KMP) at Avaso Tech Private Limited India are Ramesh Thakur as CEO and Amit Kumar as Cfo. Sumeet Kumar, Ramesh Thakur, and Maninder Singh serve as directors at the Company.
Company Details
- Location
Rupnagar, Punjab, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U72900PB2015PTC039322
- Company No.
039322
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
14 Mar 2015
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Chandigarh
Industry
Information Technology
What products or services does Avaso Tech Private Limited offer?
Avaso Tech Private Limited offers a wide range of products and services, including IT, Networking & Automation Solution, IT Solutions, Manpower Service, Manpower Solution, BPO Services, Business Outsourcing Service, Networking Solutions, Wireless Networking Services, ERP Packages.
Avaso Tech Private Limited
Explore comprehensive data for Avaso Tech Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Avaso Tech?
Executive Team (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Ramesh Thakur  | CEO | 14-Mar-2015 | Current |
| Amit Kumar | CFO | 14-Mar-2015 | Current |
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Ramesh Thakur | Director and Ceo | 14-Mar-2015 | Current |
| Sumeet Kumar | Director | 30-Apr-2018 | Current |
| Maninder Singh | Director | 08-Jul-2024 | Current |
Financial Performance of Avaso Tech.
Avaso Tech Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 27.45% increase. The company also saw a substantial improvement in profitability, with a 32.61% increase in profit. The company's net worth Soared by an impressive increase of 47.38%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Avaso Tech?
In 2021, Avaso Tech had a public holding of 33.33%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Himalya Hydel Energy Private LimitedSumeet Kumar is a mutual person
- Himab Technology Solutions Private Limited
Sumeet Kumar and Ramesh Thakur are mutual person
- Himalaya Energies Private Limited
Ramesh Thakur is a mutual person
Charges (Loans)
Open Charges
₹201.18 M
Satisfied Charges
₹0
Charges Breakdown by Lending Institutions
- Others : 20.12 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 30 Sep 2023 | Others | ₹6.50 M | Open |
| 28 Sep 2020 | Others | ₹19.09 Cr | Open |
| 26 Aug 2019 | Others | ₹3.00 M | Open |
| 03 Aug 2019 | Others | ₹0.80 M | Open |
How Many Employees Work at Avaso Tech?
Avaso Tech has a workforce of 317 employees as of Apr 10, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Avaso Tech, 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 Avaso Tech'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
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 Avaso Tech
Recent activity within the organization
- Annual General Meeting
Avaso Tech Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Director Appointment
Maninder Singh was appointed as a Director was appointed as a Director on 08 Jul 2024 & has been associated with this company since 10 months 6 days .
- Balance Sheet
Avaso Tech Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chandigarh.
- Charges
A charge with Others amounted to Rs. 6.50 M with Charge ID 100839748 was registered on 30 Sep 2023.
- Charges
A charge with Others of Rs. 190.88 M registered on 28 Sep 2020 with Charge ID 100388103 was modified on 10 Jul 2023.
- Charges
A charge with Others amounted to Rs. 190.88 M with Charge ID 100388103 was registered on 28 Sep 2020.
Frequently asked questions
What is the Incorporation or founding date of Avaso Tech Private Limited?
Avaso Tech Private Limited was incorporated on 14 Mar 2015.
What is authorized share capital and paid-up capital of Avaso Tech Private Limited?
The authorized share capital of Avaso Tech Private Limited is ₹ 0.10 M and paid-up capital is ₹ 0.10 M.
Who are the current board members & directors of Avaso Tech Private Limited?
Currently 5 directors are associated with Avaso Tech Private Limited.
- Sumeet Kumar
- Ramesh Chand Thakur
- Maninder Singh
- Ramesh Chand Thakur
- Amit Kumar
What is the registered address of Avaso Tech Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Avaso Tech Private Limited is Office No B-802 803 D Bestech Business Towers Plot No-1 Phase-9, Indl Area India, Mohali, Punjab, 160062.
What is the corporate identification number (CIN) and company number of Avaso Tech Private Limited?
The corporate identification number (CIN) of Avaso Tech Private Limited is U72900PB2015PTC039322 and the company number is 039322 as per Ministry of Corporate Affairs (MCA).
What is the official website of Avaso Tech Private Limited?
The Official website of Avaso Tech Private Limited is https://www.avasotech.com
What has been the recent revenue trend for Avaso Tech Private Limited?
According to the financial reports for the fiscal year 2022, the revenue trend for Avaso Tech Private Limited has risen by 27.45%.
How many employees does Avaso Tech Private Limited currently have?
As Per 2022 financial reports, 317 employees are currently employed by Avaso Tech Private Limited.
What change has been observed in the net worth of Avaso Tech Private Limited, and by what percentage?
The financial reports for the fiscal year 2022 indicates that The net worth of Avaso Tech Private Limited has experienced an upsurge of 47.38%.
What are the total open charges for Avaso Tech Private Limited?
As per the financial statements for fiscal Year 2022, The total open charges for Avaso Tech Private Limited amount to ₹ 20.12 Cr.
When was the last Balance Sheet of Avaso Tech Private Limited filed with the ROC?
The most recent Balance Sheet for Avaso Tech Private Limited was filed with the ROC on 31 Mar 2024.
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