Aver Software Technologies Profile
Key Indicators
- Authorised Capital ₹ 3.00 Cr
- Paid Up Capital ₹ 9.63 M
- Company Age 31 Year, 4 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 -29.06%
- 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 four 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
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Location
Mumbai, Maharashtra, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media
Corporate Identity Details
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CIN/LLPIN
U72200MH1993PLC074054
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Company No.
074054
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Company Classification
Public Limited Indian Non-Government Company
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Incorporation Date
21 Sep 1993
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Date of AGM
30 Sep 2023
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Date of Balance Sheet
31 Mar 2023
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Listing Status
Unlisted
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ROC Code
Roc Mumbai
Industry
Who are the key members and board of directors at Aver Software Technologies?
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Kanti Patel
|
Additional Director | 21-Sep-1993 | Current |
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Sagar Patel
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Director | 06-Jan-2016 | Current |
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Nimit Patel
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Director | 05-Feb-2019 | Current |
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%.
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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.
Related Corporates (Common Directorship)
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Aver Led & Solar Energy Private LimitedKanti Patel, Sagar Patel and 1 more are mutual person
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Proto Bay LlpKanti Patel and Nimit Patel are mutual person
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Voltro Battery Tech Limited
Kanti Patel, Sagar Patel and 1 more are mutual person
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Celestial Electronics Private Limited
Kanti Patel, Sagar Patel and 1 more are mutual person
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Sirius Holdings Private Limited
Kanti Patel and Sagar Patel are mutual person
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Cygnus Lighting Llp
Sagar Patel is a mutual person
Charges (Loans)
₹60.28 Cr
₹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
| Date | Lender | Amount | Status |
|---|---|---|---|
| 24 Sep 2024 | Hdfc Bank Limited | ₹9.00 Cr | Open |
| 15 Jul 2024 | Others | ₹4.57 Cr | Open |
| 15 Jul 2024 | Others | ₹2.43 Cr | Open |
| 11 Jun 2024 | Standard Chartered Bank | ₹4.30 Cr | Open |
| 02 Nov 2023 | Hdfc Bank Limited | ₹1.55 Cr | Open |
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.
Deals i
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
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.
