Avay Biosciences Private Limited

Develops 3D printers, software, materials, and consulting services for various industries.

2017 | Bangalore, Karnataka (India) | Active
Last Updated:

Avay Biosciences Profile

Key Indicators

  • Authorised Capital ₹ 0.50 M
  • Paid Up Capital ₹ 0.12 M
  • Company Age 7 Year, 8 Months
  • Last Filing with ROC 31 Mar 2023
  • Revenue Growth -33.12%
  • Profit Growth -1626.49%
  • Ebitda -964.68%
  • Net Worth 20.90%
  • Total Assets -9.03%

About Avay Biosciences

Avay Biosciences Private Limited (ABPL) is a registered startup operating as a Private Limited Indian Non-Government Company incorporated in India on 14 June 2017 (Seven years and eight months 20 days old ). Its registered office is in Bangalore, Karnataka, India.

The Corporate was formerly known as Tvasta Bio-Science Private Limited. 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 2023. It's a company limited by shares with an authorized capital of Rs 0.50 M and a paid-up capital of Rs 0.12 M, as per Ministry of Corporate Affairs (MCA) records.

Manish Amin, Ratnesh Jain, Vettiyoor Adithya, and Two other members serve as directors at the Company.

Company Details

  • Location

    Bangalore, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    avay.tech

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U22219KA2017PTC103861

  • Company No.

    103861

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    14 Jun 2017

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Information Technology

What products or services does Avay Biosciences Private Limited offer?

Avay Biosciences Private Limited offers a wide range of products and services, including CAD CAM Design & Consultancy, CAD Service, 3D Printer & Services, 3D Printer, Material Testing Labs & Services, Laboratory Testing Services, Computer Hardware & Network Support, Printer Repair & Maintenance Services, Electrical & Electronic Goods Rental, Electronic Equipment Rental.

Who are the key members and board of directors at Avay Biosciences?

Board Members (5)

NameDesignationAppointment DateStatus
Manish Amin Country flag representing In Director 08-May-2021Current
Ratnesh Jain Country flag representing In Director 08-May-2021Current
Vettiyoor Adithya Country flag representing In Director 14-Jun-2017Current
Parivarthan Basireddy Country flag representing In Director 05-Nov-2019Current
Kornipalli Sabareesh Additional Director 15-Apr-2024Current

Financial Performance of Avay Biosciences.

Avay Biosciences Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 33.12% decrease. The company also saw a substantial fall in profitability, with a 1626.49% decrease in profit. The company's net worth Soared by an impressive increase of 20.9%.

Avay Biosciences revenue growth over time
Avay Biosciences 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
-33.12%
Revenue from Operations
-31.65%
Total Assets
-9.03%
Profit or Loss
-1626.49%
Net Worth
20.90%
EBITDA
-964.68%

What is the Ownership and Shareholding Structure of Avay Biosciences?

In 2023, Avay Biosciences had a promoter holding of 75.68% and a public holding of 24.32%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Avay Biosciences?

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

Employee growth trends for Avay Biosciences Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Avay Biosciences, 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 Avay Biosciences'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 Avay Biosciences

Recent activity within the organization

  • Director Appointment

    Kornipalli Sabareesh was appointed as a Additional Director was appointed as a Additional Director on 15 Apr 2024 & has been associated with this company since 10 months 19 days .

  • Annual General Meeting

    Avay Biosciences Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

  • Balance Sheet

    Avay Biosciences Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.

  • Director Appointment

    Manish Ashok Amin was appointed as a Director was appointed as a Director on 08 May 2021 & has been associated with this company since 3 years 9 months .

  • Director Appointment

    Ratnesh Dharamchandra Jain was appointed as a Director was appointed as a Director on 08 May 2021 & has been associated with this company since 3 years 9 months .

  • Director Appointment

    Parivarthan Reddy Basireddy was appointed as a Director was appointed as a Director on 05 Nov 2019 & has been associated with this company since 5 years 4 months .

Frequently asked questions

  • What is the Incorporation or founding date of Avay Biosciences Private Limited?

    Avay Biosciences Private Limited was incorporated on 14 Jun 2017.

  • What is authorized share capital and paid-up capital of Avay Biosciences Private Limited?

    The authorized share capital of Avay Biosciences Private Limited is ₹ 0.50 M and paid-up capital is ₹ 0.12 M.

  • Who are the current board members & directors of Avay Biosciences Private Limited?

    Currently 5 directors are associated with Avay Biosciences Private Limited.

    • Manish Ashok Amin
    • Ratnesh Dharamchandra Jain
    • Vettiyoor Suresh Kumar Adithya
    • Parivarthan Reddy Basireddy
    • Kornipalli Sabareesh

  • What is the registered address of Avay Biosciences Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Avay Biosciences Private Limited is To B-1 Nishan Manor Apartments Nhbcs Plan 2 Prashanth Nagar, Bangalore, Karnataka, India, 560079.

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

    The corporate identification number (CIN) of Avay Biosciences Private Limited is U22219KA2017PTC103861 and the company number is 103861 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Avay Biosciences Private Limited?

    The Official website of Avay Biosciences Private Limited is https://www.avay.tech

  • What has been the recent revenue trend for Avay Biosciences Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Avay Biosciences Private Limited has fallen by -33.12%.

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

    The financial reports for the fiscal year 2023 indicates that The net worth of Avay Biosciences Private Limited has experienced an upsurge of 20.90%.

  • When was the last Balance Sheet of Avay Biosciences Private Limited filed with the ROC?

    The most recent Balance Sheet for Avay Biosciences Private Limited was filed with the ROC on 31 Mar 2023.

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