Avid Systems Private Limited

Provides professional, technical, and business services.

2010 | Bangaluru, Karnataka (India) | Active
Last Updated: December 12, 2024

Avid Systems Profile

Key Indicators

  • Authorised Capital ₹ 0.50 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 14 Year, 2 Months
  • Last Filing with ROC 31 Mar 2023
  • Revenue Growth -27.23%
  • Profit Growth 49.30%
  • Ebitda 62.49%
  • Net Worth -45.36%
  • Total Assets -70.15%

About Avid Systems

Avid Systems Private Limited (ASPL) is a Private Limited Indian Non-Government Company incorporated in India on 26 November 2010 and has a history of 14 years and two months. Its registered office is in Bangaluru, Karnataka, India.

The Company is engaged in the Travel And Hospitality 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 0.50 M and a paid-up capital of Rs 0.10 M, as per Ministry of Corporate Affairs (MCA) records.

Anuradha Vridhagiri and Rajiva Verma serve as directors at the Company.

Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U72200KA2010PTC056008

  • Company No.

    056008

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    26 Nov 2010

  • Date of AGM

    29 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Travel and Hospitality

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

Board Members (2)

NameDesignationAppointment DateStatus
Anuradha Vridhagiri Country flag representing In Director 26-Nov-2010Current
Rajiva Verma Country flag representing In Director 26-Nov-2010Current

Financial Performance of Avid Systems.

Avid Systems Private Limited, for the financial year ended 2020, experienced significant reduction in revenue, with a 27.23% decrease. The company also saw a substantial improvement in profitability, with a 49.3% increase in profit. The company's net worth observed a substantial decline by a decrease of 45.36%.

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
-27.23%
Revenue from Operations
-26.88%
Total Assets
-70.15%
Profit or Loss
49.30%
Net Worth
-45.36%
EBITDA
62.49%

What is the Ownership and Shareholding Structure of Avid Systems?

In 2020, Avid Systems had a promoter holding of 100.00%. 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 Avid Systems?

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

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Avid 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 Avid 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 Avid Systems

Recent activity within the organization

  • Annual General Meeting

    Avid Systems Private Limited last Annual general meeting of members was held on 29 Sep 2023 as per latest MCA records.

    29 Sep 2023

  • Balance Sheet

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

    31 Mar 2023

  • Director Appointment

    Anuradha Vridhagiri was appointed as a Director was appointed as a Director on 26 Nov 2010 & has been associated with this company since 14 years 2 months .

    26 Nov 2010

  • Director Appointment

    Rajiva Kumar Verma was appointed as a Director was appointed as a Director on 26 Nov 2010 & has been associated with this company since 14 years 2 months .

    26 Nov 2010

  • Company Incorporation

    Avid Systems Private Limited was registered on 26 Nov 2010 with Roc Bangalore & aged 14 years 2 months as per MCA records.

    26 Nov 2010

Frequently asked questions

  • Avid Systems Private Limited was incorporated on 26 Nov 2010.

  • The authorized share capital of Avid Systems Private Limited is ₹ 0.50 M and paid-up capital is ₹ 0.10 M.

  • Currently 2 directors are associated with Avid Systems Private Limited.

    • Anuradha Vridhagiri
    • Rajiva Kumar Verma
  • As per Ministry of Corporate Affairs (Mca), the registered address of Avid Systems Private Limited is No.16-A Room No.8 Phase1 Peenya Industrial Area, 1St Phase India, Bangalore, Karnataka, 560058.

  • The corporate identification number (CIN) of Avid Systems Private Limited is U72200KA2010PTC056008 and the company number is 056008 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2020, the revenue trend for Avid Systems Private Limited has fallen by -27.23%.

  • The financial reports for the fiscal year 2020 indicates that The net worth of Avid Systems Private Limited has experienced an downturn of -45.36%.

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