Avenir It Private Limited

Designs and develops software, incorporated in 2008 with registered office in Hyderabad.

2008 | Hyderabad, Telangana (India) | Active
Last Updated: December 15, 2024

Avenir It Profile

Key Indicators

  • Authorised Capital ₹ 6.00 M
  • Paid Up Capital ₹ 5.19 M
  • Company Age 16 Year, 3 Months
  • Last Filing with ROC 31 Mar 2019
  • Revenue Growth 4.10%
  • Profit Growth -59.01%
  • Ebitda -26.75%
  • Net Worth 1.78%
  • Total Assets 9.20%

About Avenir It

Avenir It Private Limited (AIPL) is a Private Limited Indian Non-Government Company incorporated in India on 20 November 2008 and has a history of 16 years and three months. Its registered office is in Hyderabad, Telangana, India.

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.

Venkat Reddy and Kothagadi Reddy serve as directors at the Company.

Company Details

  • Location

    Hyderabad, Telangana, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    avenir-it.com

  • Social Media
    -

Corporate Identity Details

  • 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

Information Technology

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)

NameDesignationAppointment DateStatus
Kothagadi Reddy Country flag representing In Director 10-Apr-2021Current
Venkat Reddy Country flag representing In Director 07-Mar-2014Current

Financial Performance 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%.

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
4.10%
Revenue from Operations
4.28%
Total Assets
9.20%
Profit or Loss
-59.01%
Net Worth
1.78%
EBITDA
-26.75%

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.

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 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Avenir It, 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 Avenir It'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 Avenir It

Recent activity within the organization

  • Director Appointment

    Kothagadi Naresh Reddy was appointed as a Director was appointed as a Director on 10 Apr 2021 & has been associated with this company since 3 years 10 months .

    10 Apr 2021

  • Annual General Meeting

    Avenir It Private Limited last Annual general meeting of members was held on 30 Sep 2019 as per latest MCA records.

    30 Sep 2019

  • Balance Sheet

    Avenir It Private Limited has filed its annual Financial statements for the year ended 31 Mar 2019 with Roc Hyderabad.

    31 Mar 2019

  • Director Appointment

    Venkat Ram Krishna Naveen Kumar Reddy was appointed as a Director was appointed as a Director on 07 Mar 2014 & has been associated with this company since 10 years 11 months .

    07 Mar 2014

  • Company Incorporation

    Avenir It Private Limited was registered on 20 Nov 2008 with Roc Hyderabad & aged 16 years 3 months as per MCA records.

    20 Nov 2008

Frequently asked questions

  • Avenir It Private Limited was incorporated on 20 Nov 2008.

  • The authorized share capital of Avenir It Private Limited is ₹ 6.00 M and paid-up capital is ₹ 5.19 M.

  • Currently 2 directors are associated with Avenir It Private Limited.

    • Venkat Ram Krishna Naveen Kumar Reddy
    • Kothagadi Naresh Reddy
  • As per Ministry of Corporate Affairs (Mca), the registered address of Avenir It Private Limited is 2 Nd Floor Spaces And More Business Park Plot No. 78 Kavuri Hills Cbi Colony, Jub Ilee Hills India, Hyderabad, Telangana, 500033.

  • The corporate identification number (CIN) of Avenir It Private Limited is U72200TG2008PTC061897 and the company number is 061897 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Avenir It Private Limited is https://www.avenir-it.com

  • According to the financial reports for the fiscal year 2019, the revenue trend for Avenir It Private Limited has risen by 4.10%.

  • As Per 2019 financial reports, 26 employees are currently employed by Avenir It Private Limited.

  • The financial reports for the fiscal year 2019 indicates that The net worth of Avenir It Private Limited has experienced an upsurge of 1.78%.

  • The most recent Balance Sheet for Avenir It Private Limited was filed with the ROC on 31 Mar 2019.

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