Net Avenue Technologies Profile
Key Indicators
- Authorised Capital ₹ 2.30 Cr
- Paid Up Capital ₹ 2.15 Cr
- Company Age 23 Year, 9 Months
- Last Filing with ROC 31 Mar 2024
- 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 nine 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 2024. 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
- Apps
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
28 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Chennai
Industry
E-Commerce
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 | 29-Sep-2023 | Current |
| Bhumisha Dadwani | Company Secretary | 29-Sep-2023 | 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 | 26-Sep-2023 | Current |
| Riya Jain | Director | 26-Sep-2023 | 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
- Ratios
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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)
Open Charges
₹0
Satisfied Charges
₹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.
Latest Updates, News, and FAQs on Net Avenue Technologies
Recent activity within the organization
- Annual General Meeting
Net Avenue Technologies Limited last Annual general meeting of members was held on 28 Sep 2024 as per latest MCA records.
- Balance Sheet
Net Avenue Technologies Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.
- Director Appointment
Prakash was appointed as a Cfo was appointed as a Cfo on 29 Sep 2023 & has been associated with this company since 1 year 5 months .
- Director Appointment
Bhumisha Darshan Dadwani was appointed as a Company Secretary was appointed as a Company Secretary on 29 Sep 2023 & has been associated with this company since 1 year 5 months .
- Director Appointment
Murali Rajagopalachari was appointed as a Director was appointed as a Director on 26 Sep 2023 & has been associated with this company since 1 year 6 months .
- Director Appointment
Riya Jain was appointed as a Director was appointed as a Director on 26 Sep 2023 & has been associated with this company since 1 year 6 months .
Recent News, Updates & Announcement
Frequently asked questions
What is the Incorporation or founding date of Net Avenue Technologies Limited?
Net Avenue Technologies Limited was incorporated on 07 Jun 2001.
What is authorized share capital and paid-up capital of Net Avenue Technologies Limited?
The authorized share capital of Net Avenue Technologies Limited is ₹ 2.30 Cr and paid-up capital is ₹ 2.15 Cr.
Who are the current board members & directors of Net Avenue Technologies Limited?
Currently 7 directors are associated with Net Avenue Technologies Limited.
- Murali Rajagopalachari
- Rajesh Nahar
- Ritesh Katariya
- Khivraj Naresh Kumar
- Riya Jain
- Prakash
- Bhumisha Darshan Dadwani
What is the registered address of Net Avenue Technologies Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Net Avenue Technologies Limited is New No. 16 Old 13 1St Floor Prithvi Avenue, Alwarpet India, Chennai, Tamil Nadu, 600018.
What is the corporate identification number (CIN) and company number of Net Avenue Technologies Limited?
The corporate identification number (CIN) of Net Avenue Technologies Limited is U72900TN2001PLC047220 and the company number is 047220 as per Ministry of Corporate Affairs (MCA).
What is the official website of Net Avenue Technologies Limited?
The Official website of Net Avenue Technologies Limited is https://www.natl.in
What has been the recent revenue trend for Net Avenue Technologies Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Net Avenue Technologies Limited has risen by 10.97%.
How many employees does Net Avenue Technologies Limited currently have?
As Per 2023 financial reports, 86 employees are currently employed by Net Avenue Technologies Limited.
What change has been observed in the net worth of Net Avenue Technologies Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Net Avenue Technologies Limited has experienced an upsurge of 7386.53%.
When was the last Balance Sheet of Net Avenue Technologies Limited filed with the ROC?
The most recent Balance Sheet for Net Avenue Technologies Limited was filed with the ROC on 31 Mar 2024.
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