Avench Systems Profile
Key Indicators
- Authorised Capital ₹ 1.26 M
- Paid Up Capital ₹ 1.25 M
- Company Age 9 Year, 8 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 eight months 12 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
- 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)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Rajeend Unithrattilrajeevan  | Director | 26-Feb-2018 | Current |
| Naresh Hanji | Nominee Director | 21-Jul-2023 | Current |
Jurgen Rotzler  | Nominee Director | 21-Jul-2023 | Current |
| Anuroop Madiyath | Director | 26-Feb-2018 | Current |
| Helmut Wolber | Nominee Director | 21-Jul-2023 | Current |
| Diljith Maviladeth | Director | 17-Jul-2015 | Current |
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%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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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.
Related Corporates (Common Directorship)
Rotzler India Private LimitedNaresh Hanji and Jurgen Rotzler are mutual person
Rotzler Services Private LimitedNaresh Hanji and Jurgen Rotzler are mutual person
Charges (Loans)
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.
Deals i
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
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 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.
- Balance Sheet
Avench Systems Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
- 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 8 months .
- 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 8 months .
- 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 8 months .
- 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 8 months .
Frequently asked questions
What is the Incorporation or founding date of Avench Systems Private Limited?
Avench Systems Private Limited was incorporated on 17 Jul 2015.
What is authorized share capital and paid-up capital of Avench Systems Private Limited?
The authorized share capital of Avench Systems Private Limited is ₹ 1.26 M and paid-up capital is ₹ 1.25 M.
Who are the current board members & directors of Avench Systems Private Limited?
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
What is the registered address of Avench Systems Private Limited?
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.
What is the corporate identification number (CIN) and company number of Avench Systems Private Limited?
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).
What is the official website of Avench Systems Private Limited?
The Official website of Avench Systems Private Limited is https://www.avench.com
What has been the recent revenue trend for Avench Systems Private Limited?
According to the financial reports for the fiscal year 2022, the revenue trend for Avench Systems Private Limited has risen by 25.95%.
How many employees does Avench Systems Private Limited currently have?
As Per 2022 financial reports, 36 employees are currently employed by Avench Systems Private Limited.
What change has been observed in the net worth of Avench Systems Private Limited, and by what percentage?
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%.
When was the last Balance Sheet of Avench Systems Private Limited filed with the ROC?
The most recent Balance Sheet for Avench Systems Private Limited was filed with the ROC on 31 Mar 2024.
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