Avirata Defence Systems Limited

Specializes in manufacturing and trading fiber optic equipment for defense and data centers.

2020 | Bangaluru, Karnataka (India) | Active
Last Updated: October 24, 2024

Avirata Defence Systems Profile

Key Indicators

  • Authorised Capital ₹ 5.00 M
  • Paid Up Capital ₹ 2.50 M
  • Company Age 4 Year, 7 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 24.44 Cr
  • Satisfied Charges ₹ 5.50 Cr
  • Revenue Growth -27.53%
  • Profit Growth -2.53%
  • Ebitda -19.52%
  • Net Worth 76.00%
  • Total Assets 7.59%

About Avirata Defence Systems

Avirata Defence Systems Limited (ADSL) is a Public Limited Indian Non-Government Company incorporated in India on 14 July 2020 (Four years and seven months 11 days old ). Its registered office is in Bangaluru, Karnataka, India.

The Company is engaged in the Aerospace, Maritime And Defense 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 5.00 M and a paid-up capital of Rs 2.50 M.

The company currently has active open charges totaling ₹24.44 Cr. The company has closed loans amounting to ₹5.50 Cr, as per Ministry of Corporate Affairs (MCA) records.

Chandrashekar Govindarao, Pawan Vetcha, Tom Krieckaert, and One other member serve as directors at the Company.

Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    sasmos.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U74999KA2020PLC135951

  • Company No.

    135951

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    14 Jul 2020

  • Date of AGM

    29 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Aerospace, Maritime and Defense

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

Board Members (4)

NameDesignationAppointment DateStatus
Pawan Vetcha Country flag representing In Director 14-Jul-2020Current
Chandrashekar Govindarao Country flag representing In Director 14-Jul-2020Current
Tom Krieckaert Country flag representing Nl Director 22-May-2024Current
Subramanya Ullal Country flag representing In Director 14-Jul-2020Current

Financial Performance of Avirata Defence Systems.

Avirata Defence Systems Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 27.53% decrease. The company also saw a slight decrease in profitability, with a 2.53% decrease in profit. The company's net worth Soared by an impressive increase of 76%.

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
-27.53%
Revenue from Operations
-28.81%
Total Assets
7.59%
Profit or Loss
-2.53%
Net Worth
76.00%
EBITDA
-19.52%

What is the Ownership and Shareholding Structure of Avirata Defence Systems?

In 2023, Avirata Defence 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)

Open Charges

₹244.40 M

Satisfied Charges

₹55.00 M

Charges Breakdown by Lending Institutions

  • Axis Bank Limited : 24.44 Cr

Latest Charge Details

DateLenderAmountStatus
05 Feb 2021Axis Bank Limited₹24.44 CrOpen
15 Dec 2023Others₹5.50 CrSatisfied

How Many Employees Work at Avirata Defence Systems?

Avirata Defence Systems has a workforce of 112 employees as of Apr 07, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Avirata Defence 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 Avirata Defence 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 Avirata Defence Systems

Recent activity within the organization

  • Charges

    A charge registered on 15 Dec 2023 via Charge ID 100854821 with Others was fully satisfied on 05 Jun 2024.

    05 Jun 2024

  • Director Appointment

    Tom Krieckaert was appointed as a Director was appointed as a Director on 22 May 2024 & has been associated with this company since 9 months 3 days .

    22 May 2024

  • Charges

    A charge with Others amounted to Rs. 55.00 M with Charge ID 100854821 was registered on 15 Dec 2023.

    15 Dec 2023

  • Annual General Meeting

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

    29 Sep 2023

  • Charges

    A charge with Axis Bank Limited of Rs. 244.40 M registered on 05 Feb 2021 with Charge ID 100423042 was modified on 29 Aug 2023.

    29 Aug 2023

  • Balance Sheet

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

    31 Mar 2023

Frequently asked questions

  • Avirata Defence Systems Limited was incorporated on 14 Jul 2020.

  • The authorized share capital of Avirata Defence Systems Limited is ₹ 5.00 M and paid-up capital is ₹ 2.50 M.

  • Currently 4 directors are associated with Avirata Defence Systems Limited.

    • Chandrashekar Hosa Agrahara Govindarao
    • Pawan Venkat Ram Vetcha
    • Tom Krieckaert
    • Subramanya Ullal
  • As per Ministry of Corporate Affairs (Mca), the registered address of Avirata Defence Systems Limited is Ground Floor 311 Npr Complex Survey No. 197 Hoody Village Kr Puram Hobli, India, Bangalore, Karnataka, 560048.

  • The corporate identification number (CIN) of Avirata Defence Systems Limited is U74999KA2020PLC135951 and the company number is 135951 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Avirata Defence Systems Limited is https://www.sasmos.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Avirata Defence Systems Limited has fallen by -27.53%.

  • As Per 2023 financial reports, 112 employees are currently employed by Avirata Defence Systems Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Avirata Defence Systems Limited has experienced an upsurge of 76.00%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Avirata Defence Systems Limited amount to ₹ 24.44 Cr.

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