Avenir It Profile
Key Indicators
- Authorised Capital ₹ 6.00 M
as on 27-06-2024
- Paid Up Capital ₹ 5.19 M
as on 27-06-2024
- Company Age 15 Year, 10 Months
- Last Filing with ROC 31 Mar 2019
- Revenue 4.10%
(FY 2019)
- Profit -59.01%
(FY 2019)
- Ebitda -26.75%
(FY 2019)
- Net Worth 1.78%
(FY 2019)
- Total Assets 9.20%
(FY 2019)
About Avenir It
The Corporate was formerly known as Avenir It Technologies 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 2019. It's a company limited by shares with an authorized capital of Rs 6.00 M and a paid-up capital of Rs 5.19 M, as per Ministry of Corporate Affairs (MCA) records.
Kothagadi Reddy and Venkat Reddy serve as directors at the Company.
- CIN/LLPIN
U72200TG2008PTC061897
- Company No.
061897
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
20 Nov 2008
- Date of AGM
30 Sep 2019
- Date of Balance Sheet
31 Mar 2019
- Listing Status
Unlisted
- ROC Code
Roc Hyderabad
Industry
Company Details
- Location
Hyderabad, Telangana, India
- Telephone
- Email Address
- Website
- Social Media-
What products or services does Avenir It Private Limited offer?
Avenir It Private Limited offers a wide range of products and services, including IT, Networking & Automation Solution, IT Solutions, Computer and Mobile Softwares & Apps, Operating Systems, Software Development & IT Consultant, Software Consulting Service, Data Entry & Data Processing Service, Data Collection Services, Computer Software & Mobile Apps, ERP Packages.
Who are the key members and board of directors at Avenir It?
Board Members(2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Kothagadi Reddy  | Director | 10-Apr-2021 | Current |
| Venkat Reddy | Director | 07-Mar-2014 | Current |
Financial Performance and Corporate Structure Insights of Avenir It.
Avenir It Private Limited, for the financial year ended 2019, experienced modest growth in revenue, with a 4.1% increase. The company also saw a substantial fall in profitability, with a 59.01% decrease in profit. The company's net worth moved up by a moderate rise of 1.78%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Avenir It?
In 2019, Avenir It had a promoter holding of 56.93% and a public holding of 43.07%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
2 years 3 months Charges (Loans)
There are no open charges registered against the company as per our records.
How Many Employees Work at Avenir It?
Avenir It has a workforce of 26 employees as of Apr 07, 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
As of Mar 23, 2011, Avenir It has raised a total of ₹ 5.09 M, with the most recent deal valued at ₹ 0.36 M. Access detailed insights into the company’s deals, including security allotments, mergers, acquisitions, and strategic partnerships that have shaped its growth.
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.
