Avvas Infotech Private Limited

IT consultancy and BPO services including application development, cloud computing, and ERP solutions.

2007 | Bangaluru, Karnataka (India) | Inactive
Last Updated: January 17, 2025

Avvas Infotech Profile

Key Indicators

  • Authorised Capital ₹ 15.00 Cr
  • Paid Up Capital ₹ 6.40 Cr
  • Company Age 17 Year, 9 Months
  • Last Filing with ROC 31 Mar 2019
  • Open Charges ₹ 67.00 Cr
  • Revenue Growth -38.30%
  • Profit Growth 10.83%
  • Ebitda 12.51%
  • Net Worth -19.75%
  • Total Assets -6.99%

About Avvas Infotech

Avvas Infotech Private Limited (AIPL) is Dissolved Under Section 54 company established on 27 Apr 2007 with its office registered at Bangaluru, Karnataka, India and has been running since 17 Year, 9 Months with a paid up capital of 6.40 Cr. According to MCA records, 3 Directors are linked to this company as of 17 Jan 2025.

Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U32109KA2007PTC042635

  • Company No.

    042635

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    27 Apr 2007

  • Date of AGM

    30 Sep 2019

  • Date of Balance Sheet

    31 Mar 2019

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Information Technology
Business Outsourcing

What products or services does Avvas Infotech Private Limited offer?

Avvas Infotech Private Limited offers a wide range of products and services, including Legal Advisors & Consultants, Legal Consultants, Call Centre & Customer Care Services, Help Desk Services, Computer and Networking Solutions, Networking Solutions, HR & Manpower Recruitment Solutions, IT Recruitment Consultancy, Application Development Service, IT Consultancy.

Who are the key members and board of directors at Avvas Infotech?

Executive Team (1)

Name Designation Appointment Date Status
Avva Sarma Country flag representing In Managing Director 09-Jun-2007 Current

Board Members (2)

Name Designation Appointment Date Status
Sunil Tadepalli Country flag representing In Whole-Time Director 10-Sep-2010 Current
Venkata Avva Country flag representing In Director 09-Jun-2007 Current

Financial Performance of Avvas Infotech.

Avvas Infotech Private Limited, for the financial year ended 2019, experienced significant reduction in revenue, with a 38.3% decrease. The company also saw a substantial improvement in profitability, with a 10.83% increase in profit. The company's net worth observed a substantial decline by a decrease of 19.75%.

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
-38.30%
Revenue from Operations
-34.76%
Total Assets
-6.99%
Profit or Loss
10.83%
Net Worth
-19.75%
EBITDA
12.51%

What is the Ownership and Shareholding Structure of Avvas Infotech?

In 2017, Avvas Infotech had a promoter holding of 99.57% and a public holding of 0.43%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹67.00 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • State Bank Of India : 52.00 Cr
  • Corporation Bank : 15.00 Cr

Latest Charge Details

Date Lender Amount Status
29 Oct 2015 State Bank Of India ₹33.50 Cr Open
05 Oct 2012 Corporation Bank ₹15.00 Cr Open
18 Jul 2011 State Bank Of India ₹18.50 Cr Open

How Many Employees Work at Avvas Infotech?

Avvas Infotech has a workforce of 31 employees as of Apr 08, 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 Avvas Infotech, 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 Avvas Infotech'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 Avvas Infotech

Recent activity within the organization

  • Annual General Meeting

    Avvas Infotech Private Limited last Annual general meeting of members was held on 30 Sep 2019 as per latest MCA records.

    30 Sep 2019

  • Balance Sheet

    Avvas Infotech Private Limited has filed its annual Financial statements for the year ended 31 Mar 2019 with Roc Bangalore.

    31 Mar 2019

  • Charges

    A charge with State Bank Of India amounted to Rs. 33.50 Cr with Charge ID 10613914 was registered on 29 Oct 2015.

    29 Oct 2015

  • Charges

    A charge with Corporation Bank of Rs. 15.00 Cr registered on 05 Oct 2012 with Charge ID 10386969 was modified on 14 Feb 2015.

    14 Feb 2015

  • Charges

    A charge with State Bank Of India of Rs. 18.50 Cr registered on 18 Jul 2011 with Charge ID 10301806 was modified on 26 Nov 2014.

    26 Nov 2014

  • Charges

    A charge with Corporation Bank amounted to Rs. 15.00 Cr with Charge ID 10386969 was registered on 05 Oct 2012.

    05 Oct 2012

Frequently asked questions

  • Avvas Infotech Private Limited was incorporated on 27 Apr 2007.

  • The authorized share capital of Avvas Infotech Private Limited is ₹ 15.00 Cr and paid-up capital is ₹ 6.40 Cr.

  • Currently 3 directors are associated with Avvas Infotech Private Limited.

    • Venkata Sivaram Avva
    • Avva Venkata Subrahmanyeswara Sarma
    • Sunil Tadepalli
  • As per Ministry of Corporate Affairs (Mca), the registered address of Avvas Infotech Private Limited is 40 K No. 821/40 15Th Cross 6Th Sector Hsr Layout Opp. Jss School, India, Bangalore, Karnataka, 560102.

  • The corporate identification number (CIN) of Avvas Infotech Private Limited is U32109KA2007PTC042635 and the company number is 042635 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Avvas Infotech Private Limited is https://www.avvasinfotech.com

  • According to the financial reports for the fiscal year 2019, the revenue trend for Avvas Infotech Private Limited has fallen by -38.30%.

  • As Per 2019 financial reports, 31 employees are currently employed by Avvas Infotech Private Limited.

  • The financial reports for the fiscal year 2019 indicates that The net worth of Avvas Infotech Private Limited has experienced an downturn of -19.75%.

  • As per the financial statements for fiscal Year 2019, The total open charges for Avvas Infotech Private Limited amount to ₹ 67.00 Cr.

  • The most recent Balance Sheet for Avvas Infotech Private Limited was filed with the ROC on 31 Mar 2019.

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