Avench Systems Private Limited

Specialized in electronic product design and development, providing solutions for various industries.

2015 | Bangaluru, Karnataka (India) | Active
Last Updated: January 01, 2025

Avench Systems Profile

Key Indicators

  • Authorised Capital ₹ 1.26 M
  • Paid Up Capital ₹ 1.25 M
  • Company Age 9 Year, 7 Months
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth 25.95%
  • Profit Growth 4.59%
  • Ebitda 66.52%
  • Net Worth -41.66%
  • Total Assets -22.32%

About Avench Systems

Avench Systems Private Limited (ASPL) is a Private Limited Indian Non-Government Company incorporated in India on 17 July 2015 (Nine years and seven months 9 days old ). Its registered office is in Bangaluru, Karnataka, 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 1.26 M and a paid-up capital of Rs 1.25 M, as per Ministry of Corporate Affairs (MCA) records.

Helmut Wolber, Naresh Hanji, Jurgen Rotzler, and Four other members serve as directors at the Company.

Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    avench.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U72200KA2015PTC081664

  • Company No.

    081664

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    17 Jul 2015

  • Date of AGM

    22 Aug 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Information Technology

What products or services does Avench Systems Private Limited offer?

Avench Systems Private Limited offers a wide range of products and services, including 3D Printer & Services, 3D CAD Designing, Computer Hardware & Peripherals, Monitor Accessories, Camera & Photography Equipments, Camera, Router, Cables & Networking Devices, WiFi Router, Ethernet Device, Sensors.

Who are the key members and board of directors at Avench Systems?

Board Members (7)

NameDesignationAppointment DateStatus
Rajeend Unithrattilrajeevan Country flag representing In Director 26-Feb-2018Current
Naresh Hanji Country flag representing In Nominee Director 21-Jul-2023Current
Jurgen Rotzler Country flag representing De Nominee Director 21-Jul-2023Current
Anuroop Madiyath Country flag representing In Director 26-Feb-2018Current
Helmut Wolber Country flag representing De Nominee Director 21-Jul-2023Current
Diljith Maviladeth Country flag representing In Director 17-Jul-2015Current

Financial Performance of Avench Systems.

Avench Systems Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 25.95% increase. The company also saw a slight improvement in profitability, with a 4.59% increase in profit. The company's net worth observed a substantial decline by a decrease of 41.66%.

Graph illustrating revenue growth over time
Graph showing 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
25.95%
Revenue from Operations
24.34%
Total Assets
-22.32%
Profit or Loss
4.59%
Net Worth
-41.66%
EBITDA
66.52%

What is the Ownership and Shareholding Structure of Avench Systems?

In 2022, Avench Systems had a public holding of 2.00%. 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 Avench Systems?

Avench Systems has a workforce of 36 employees as of Apr 03, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Avench Systems, 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 Avench Systems'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 Avench Systems

Recent activity within the organization

  • Annual General Meeting

    Avench Systems Private Limited last Annual general meeting of members was held on 22 Aug 2024 as per latest MCA records.

    22 Aug 2024

  • Balance Sheet

    Avench Systems Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.

    31 Mar 2024

  • Director Appointment

    Helmut Wolber was appointed as a Nominee Director was appointed as a Nominee Director on 21 Jul 2023 & has been associated with this company since 1 year 7 months .

    21 Jul 2023

  • Director Appointment

    Naresh Vijayakumar Hanji was appointed as a Nominee Director was appointed as a Nominee Director on 21 Jul 2023 & has been associated with this company since 1 year 7 months .

    21 Jul 2023

  • Director Appointment

    Jurgen Ernst Rotzler was appointed as a Nominee Director was appointed as a Nominee Director on 21 Jul 2023 & has been associated with this company since 1 year 7 months .

    21 Jul 2023

  • Director Appointment

    Meera Muraleedharan was appointed as a Nominee Director was appointed as a Nominee Director on 21 Jul 2023 & has been associated with this company since 1 year 7 months .

    21 Jul 2023

Frequently asked questions

  • Avench Systems Private Limited was incorporated on 17 Jul 2015.

  • The authorized share capital of Avench Systems Private Limited is ₹ 1.26 M and paid-up capital is ₹ 1.25 M.

  • Currently 7 directors are associated with Avench Systems Private Limited.

    • Helmut Wolber
    • Naresh Vijayakumar Hanji
    • Jurgen Ernst Rotzler
    • Diljith Maviladeth
    • Anuroop Madiyath
    • Rajeend Unithrattilrajeevan
    • Meera Muraleedharan
  • As per Ministry of Corporate Affairs (Mca), the registered address of Avench Systems Private Limited is No 10-A Sy No. 47 Part Electronic City Ii Phase Industrial Area Konappana Agrahara Hob Li Begur, India, Bangalore, Karnataka, 560100.

  • The corporate identification number (CIN) of Avench Systems Private Limited is U72200KA2015PTC081664 and the company number is 081664 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Avench Systems Private Limited is https://www.avench.com

  • According to the financial reports for the fiscal year 2022, the revenue trend for Avench Systems Private Limited has risen by 25.95%.

  • As Per 2022 financial reports, 36 employees are currently employed by Avench Systems Private Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Avench Systems Private Limited has experienced an downturn of -41.66%.

  • The most recent Balance Sheet for Avench Systems Private Limited was filed with the ROC on 31 Mar 2024.

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