Avgarde Systems Private Limited

Provides IT consulting and support services.

2018 | Kamrup, Assam (India) | Active
Last Updated:

Avgarde Systems Profile

Key Indicators

  • Authorised Capital ₹ 1.50 M
  • Paid Up Capital ₹ 1.13 M
  • Company Age 7 Year, 21 Days
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 1.09 Cr
  • Satisfied Charges ₹ 4.50 M
  • Revenue Growth -47.43%
  • Profit Growth -1311.42%
  • Ebitda -468.40%
  • Net Worth -282.01%
  • Total Assets 218.74%

About Avgarde Systems

Avgarde Systems Private Limited (ASPL) is a registered startup operating as a Private Limited Indian Non-Government Company incorporated in India on 07 March 2018 (Seven years 21 days old ). Its registered office is in Kamrup, Assam, India.

The Company is engaged in the Telecom 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 1.50 M and a paid-up capital of Rs 1.13 M.

The company currently has active open charges totaling ₹1.09 Cr. The company has closed loans amounting to ₹4.50 M, as per Ministry of Corporate Affairs (MCA) records.

Manash Bhuyan and Nilutpal Choudhury serve as directors at the Company.

Company Details

  • Location

    Kamrup, Assam, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U74999AS2018PTC018387

  • Company No.

    018387

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    07 Mar 2018

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Shillong

Industry

Telecom

Who are the key members and board of directors at Avgarde Systems?

Board Members (2)

NameDesignationAppointment DateStatus
Nilutpal Choudhury Country flag representing In Director 07-Mar-2018Current
Manash Bhuyan Country flag representing In Director 30-May-2019Current

Financial Performance of Avgarde Systems.

Avgarde Systems Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 47.43% decrease. The company also saw a substantial fall in profitability, with a 1311.42% decrease in profit. The company's net worth observed a substantial decline by a decrease of 282.01%.

Avgarde Systems revenue growth over time
Avgarde Systems 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
-47.43%
Revenue from Operations
-47.29%
Total Assets
218.74%
Profit or Loss
-1311.42%
Net Worth
-282.01%
EBITDA
-468.40%

What is the Ownership and Shareholding Structure of Avgarde Systems?

In 2023, Avgarde Systems had a promoter holding of 97.81% and a public holding of 2.19%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹10.85 M

Satisfied Charges

₹4.50 M

Charges Breakdown by Lending Institutions

  • Indian Bank : 1.09 Cr

Latest Charge Details

DateLenderAmountStatus
26 Aug 2022Indian Bank₹5.00 MOpen
26 Aug 2022Indian Bank₹5.85 MOpen
04 Feb 2020State Bank Of India₹4.50 MSatisfied

How Many Employees Work at Avgarde Systems?

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

Employee growth trends for Avgarde Systems Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Avgarde 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 Avgarde Systems'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 Avgarde Systems

Recent activity within the organization

  • Annual General Meeting

    Avgarde Systems Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

  • Balance Sheet

    Avgarde Systems Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Shillong.

  • Charges

    A charge registered on 04 Feb 2020 via Charge ID 100324041 with State Bank Of India was fully satisfied on 12 Sep 2022.

  • Charges

    A charge with Indian Bank amounted to Rs. 5.00 M with Charge ID 100618084 was registered on 26 Aug 2022.

  • Charges

    A charge with Indian Bank amounted to Rs. 5.85 M with Charge ID 100618100 was registered on 26 Aug 2022.

  • Charges

    A charge with State Bank Of India of Rs. 4.50 M registered on 04 Feb 2020 with Charge ID 100324041 was modified on 20 Apr 2021.

Frequently asked questions

  • What is the Incorporation or founding date of Avgarde Systems Private Limited?

    Avgarde Systems Private Limited was incorporated on 07 Mar 2018.

  • What is authorized share capital and paid-up capital of Avgarde Systems Private Limited?

    The authorized share capital of Avgarde Systems Private Limited is ₹ 1.50 M and paid-up capital is ₹ 1.13 M.

  • Who are the current board members & directors of Avgarde Systems Private Limited?

    Currently 2 directors are associated with Avgarde Systems Private Limited.

    • Manash Pratim Bhuyan
    • Nilutpal Choudhury

  • What is the registered address of Avgarde Systems Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Avgarde Systems Private Limited is House No. 42 A Basisthapur Lane 1 Beltola Road, Guwahati India, Gmc, Assam, 781006.

  • What is the corporate identification number (CIN) and company number of Avgarde Systems Private Limited?

    The corporate identification number (CIN) of Avgarde Systems Private Limited is U74999AS2018PTC018387 and the company number is 018387 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Avgarde Systems Private Limited?

    The Official website of Avgarde Systems Private Limited is https://www.avgarde.net

  • What has been the recent revenue trend for Avgarde Systems Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Avgarde Systems Private Limited has fallen by -47.43%.

  • What change has been observed in the net worth of Avgarde Systems Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Avgarde Systems Private Limited has experienced an downturn of -282.01%.

  • What are the total open charges for Avgarde Systems Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Avgarde Systems Private Limited amount to ₹ 1.09 Cr.

  • When was the last Balance Sheet of Avgarde Systems Private Limited filed with the ROC?

    The most recent Balance Sheet for Avgarde Systems Private Limited was filed with the ROC on 31 Mar 2023.

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