Net Avenue Technologies Profile
Key Indicators
- Authorised Capital ₹ 2.30 Cr
- Paid Up Capital ₹ 2.15 Cr
- Company Age 23 Year, 8 Months
- Last Filing with ROC 31 Mar 2023
- Satisfied Charges ₹ 1.50 Cr
- Revenue Growth 10.97%
- Profit Growth -34.19%
- Ebitda -149.88%
- Net Worth 7386.53%
- Total Assets -18.95%
About Net Avenue Technologies
Net Avenue Technologies Limited (NATL) is a leading Public Limited Indian Non-Government Company incorporated in India on 07 June 2001 and has a history of 23 years and eight months. Its registered office is in Chennai, Tamil Nadu, India.
The Company is engaged in the E-Commerce 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 2.30 Cr and a paid-up capital of Rs 2.15 Cr.
The company has closed loans amounting to ₹1.50 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Net Avenue Technologies Limited India are Prakash as CFO and Bhumisha Dadwani as Company Secretary. Murali Rajagopalachari, Rajesh Nahar, Ritesh Katariya, and Two other members serve as directors at the Company.
Company Details
- Location
Chennai, Tamil Nadu, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U72900TN2001PLC047220
- Company No.
047220
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
07 Jun 2001
- Date of AGM
14 Aug 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Chennai
Industry
Who are the key members and board of directors at Net Avenue Technologies?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Rajesh Nahar  | Managing Director | 07-Jun-2001 | Current |
| Prakash | CFO | Current | |
| Bhumisha Dadwani | Company Secretary | Current |
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Ritesh Katariya | Whole-Time Director | 07-Jun-2001 | Current |
| Khivraj Kumar | Director | 07-Nov-2014 | Current |
| Murali Rajagopalachari | Director | Current | |
| Riya Jain | Director | Current |
Financial Performance of Net Avenue Technologies.
Net Avenue Technologies Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 10.97% increase. The company also saw a substantial fall in profitability, with a 34.19% decrease in profit. The company's net worth Soared by an impressive increase of 7386.53%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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What is the Ownership and Shareholding Structure of Net Avenue Technologies?
In 2023, Net Avenue Technologies had a promoter holding of 76.31% and a public holding of 23.70%. The company had 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Prithvi Exchange (India) LimitedKhivraj Kumar is a mutual person
Loanzen Finance Private LimitedMurali Rajagopalachari is a mutual person
- Loanzen Technologies Private Limited
Murali Rajagopalachari is a mutual person
Namo Padmavati Outsourcing Private LimitedRiya Jain is a mutual person
Charges (Loans)
₹0
₹1.50 Cr
Charges Breakdown by Lending Institutions
- Citibank N.A : 1.50 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 08 Apr 2013 | Citibank N.A | ₹1.50 Cr | Satisfied |
How Many Employees Work at Net Avenue Technologies?
Net Avenue Technologies has a workforce of 86 employees as of Mar 30, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Net Avenue Technologies, 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 Net Avenue Technologies'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.
