Avgarde Systems Profile
Key Indicators
- Authorised Capital ₹ 1.50 M
- Paid Up Capital ₹ 1.13 M
- Company Age 6 Year, 11 Months
- 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 (Six years and 11 months 19 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
Who are the key members and board of directors at Avgarde Systems?
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Nilutpal Choudhury  | Director | 07-Mar-2018 | Current |
| Manash Bhuyan | Director | 30-May-2019 | Current |
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%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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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.
Related Corporates (Common Directorship)
Aqrity Scitech Private LimitedManash Bhuyan is a mutual person
Avgarde Labs Private LimitedManash Bhuyan and Nilutpal Choudhury are mutual person
Charges (Loans)
₹10.85 M
₹4.50 M
Charges Breakdown by Lending Institutions
- Indian Bank : 1.09 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 26 Aug 2022 | Indian Bank | ₹5.00 M | Open |
| 26 Aug 2022 | Indian Bank | ₹5.85 M | Open |
| 04 Feb 2020 | State Bank Of India | ₹4.50 M | Satisfied |
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.
Deals i
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
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.
