Aver Software Technologies Limited

Property rental and management services since 1993 in Maharashtra.

1993 | Mumbai, Maharashtra (India) | Active
Last Updated:

Aver Software Technologies Profile

Key Indicators

  • Authorised Capital ₹ 3.00 Cr
  • Paid Up Capital ₹ 9.63 M
  • Company Age 31 Year, 5 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 60.28 Cr
  • Satisfied Charges ₹ 50.27 Cr
  • Revenue Growth 5.75%
  • Profit Growth -12.00%
  • Ebitda -29.81%
  • Net Worth 12.12%
  • Total Assets 76.50%

About Aver Software Technologies

Aver Software Technologies Limited (ASTL) is a leading Public Limited Indian Non-Government Company incorporated in India on 21 September 1993 and has a history of 31 years and five months. Its registered office is in Mumbai, Maharashtra, India.

The Corporate was formerly known as Aver Photographic Company Limited. The Company is engaged in the Business Services 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 3.00 Cr and a paid-up capital of Rs 9.63 M.

The company currently has active open charges totaling ₹60.28 Cr. The company has closed loans amounting to ₹50.27 Cr, as per Ministry of Corporate Affairs (MCA) records.

Kanti Patel, Sagar Patel, and Nimit Patel serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U72200MH1993PLC074054

  • Company No.

    074054

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    21 Sep 1993

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Business Services
Financial Services

Who are the key members and board of directors at Aver Software Technologies?

Board Members (3)

NameDesignationAppointment DateStatus
Kanti Patel Country flag representing In Additional Director 21-Sep-1993Current
Sagar Patel Country flag representing In Director 06-Jan-2016Current
Nimit Patel Country flag representing In Director 05-Feb-2019Current

Financial Performance of Aver Software Technologies.

Aver Software Technologies Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 5.75% increase. The company also saw a substantial fall in profitability, with a 12% decrease in profit. The company's net worth Soared by an impressive increase of 12.12%.

Aver Software Technologies revenue growth over time
Aver Software Technologies 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
5.75%
Revenue from Operations
0.39%
Total Assets
76.50%
Profit or Loss
-12.00%
Net Worth
12.12%
EBITDA
-29.81%

What is the Ownership and Shareholding Structure of Aver Software Technologies?

In 2023, Aver Software Technologies had a promoter holding of 100.00%. The company had 2 Subsidiaries. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹60.28 Cr

Satisfied Charges

₹50.27 Cr

Charges Breakdown by Lending Institutions

  • Standard Chartered Bank : 23.80 Cr
  • Others : 14.15 Cr
  • Hdfc Bank Limited : 12.10 Cr
  • Canara Bank : 4.00 Cr
  • Dena Bank : 3.26 Cr
  • Others : 2.97 Cr

Latest Charge Details

DateLenderAmountStatus
24 Sep 2024Hdfc Bank Limited₹9.00 CrOpen
15 Jul 2024Others₹4.57 CrOpen
15 Jul 2024Others₹2.43 CrOpen
11 Jun 2024Standard Chartered Bank₹4.30 CrOpen
02 Nov 2023Hdfc Bank Limited₹1.55 CrOpen

How Many Employees Work at Aver Software Technologies?

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

Employee growth trends for Aver Software Technologies Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Aver Software Technologies, 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 Aver Software Technologies'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 Aver Software Technologies

Recent activity within the organization

  • Charges

    A charge with Hdfc Bank Limited of Rs. 9.00 Cr registered on 24 Sep 2024 with Charge ID 100987923 was modified on 27 Sep 2024.

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 9.00 Cr with Charge ID 100987923 was registered on 24 Sep 2024.

  • Charges

    A charge registered on 20 Sep 2004 via Charge ID 90158473 with Corporation Bank was fully satisfied on 18 Jul 2024.

  • Charges

    A charge with Others amounted to Rs. 4.57 Cr with Charge ID 100951654 was registered on 15 Jul 2024.

  • Charges

    A charge with Others amounted to Rs. 2.43 Cr with Charge ID 100951656 was registered on 15 Jul 2024.

  • Charges

    A charge with Standard Chartered Bank amounted to Rs. 4.30 Cr with Charge ID 100938753 was registered on 11 Jun 2024.

Frequently asked questions

  • What is the Incorporation or founding date of Aver Software Technologies Limited?

    Aver Software Technologies Limited was incorporated on 21 Sep 1993.

  • What is authorized share capital and paid-up capital of Aver Software Technologies Limited?

    The authorized share capital of Aver Software Technologies Limited is ₹ 3.00 Cr and paid-up capital is ₹ 9.63 M.

  • Who are the current board members & directors of Aver Software Technologies Limited?

    Currently 3 directors are associated with Aver Software Technologies Limited.

    • Kanti Patel
    • Sagar Harilal Patel
    • Nimit Kanti Patel

  • What is the registered address of Aver Software Technologies Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Aver Software Technologies Limited is Aver Plaza Plot No.B-13 Opp. Citi Mall New Link Road, West India, Andheri, Maharashtra, 400053.

  • What is the corporate identification number (CIN) and company number of Aver Software Technologies Limited?

    The corporate identification number (CIN) of Aver Software Technologies Limited is U72200MH1993PLC074054 and the company number is 074054 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Aver Software Technologies Limited?

    The Official website of Aver Software Technologies Limited is https://www.aversoft.in

  • What has been the recent revenue trend for Aver Software Technologies Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Aver Software Technologies Limited has risen by 5.75%.

  • What change has been observed in the net worth of Aver Software Technologies Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Aver Software Technologies Limited has experienced an upsurge of 12.12%.

  • What are the total open charges for Aver Software Technologies Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Aver Software Technologies Limited amount to ₹ 60.28 Cr.

  • When was the last Balance Sheet of Aver Software Technologies Limited filed with the ROC?

    The most recent Balance Sheet for Aver Software Technologies Limited was filed with the ROC on 31 Mar 2023.

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