About Annveshan Business Solutions Private Limited
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Annveshan Business Solutions Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the business and IT consulting segment of the business process outsourcing sector. It was incorporated on 28 March 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74140KA2007PTC042283. Its GSTIN is 29AAGCA2218M1ZJ (Karnataka).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Kamala Davanam Vivek and Davanam Sureshbabu Lalitha.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 1110 35 D Cross IV T Block Jayanagar, Bangalore, Karnataka, India – 560004.
As per the financials filed for FY 2024, the company reported a revenue of ₹4.25 Cr, a growth of 83% compared to the previous year. For the same year it recorded a net profit of ₹1.02 Cr (net margin 23.9%) and EBITDA of ₹1.43 Cr (EBITDA margin 33.6%). Revenue has grown at a compounded annual rate (CAGR) of 58% over three years and 18% over five years.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website annveshan.com.
Company details
Contact details
Annveshan Business Solutions Private Limited's registered office is in Bangalore, Karnataka. Its website is annveshan.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address1110 35 D Cross IV T Block Jayanagar, Bangalore, Karnataka, India – 560004
- IndustryBusiness Outsourcing, Business & IT Consulting
To see the full contact details of Annveshan Business Solutions Private Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Business activity
The main business activity of Annveshan Business Solutions is support service to organizations. In detail, this covers other support services to organizations.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| N | Support service to Organizations | N7 | Other support services to organizations |
To see the full business activity and turnover split of Annveshan Business Solutions Private Limited, buy the company report.
Financials of Annveshan Business Solutions Private Limited
FY 2024 filings availableAnnveshan Business Solutions Private Limited reported revenue of ₹4.25 Cr (up 83% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 18% over five years, including 83% growth in the latest year. EBITDA rose 247% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹1.43 Cr | ||||
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| Net Profit (PAT) | ₹1.02 Cr | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA Margin | 33.6% | ||||
| Net Profit Margin | 23.9% | ||||
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To see the full financial statements and ratios of Annveshan Business Solutions Private Limited, buy the company report.
Board of directors of Annveshan Business Solutions Private Limited
Annveshan Business Solutions has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kamala Davanam Vivek | Director | 28 Mar 2007 | 19 Years 7 Months | Current |
| Davanam Sureshbabu Lalitha Also directs: Accountech Om LLP | Director | 28 Mar 2007 | 19 Years 7 Months | Current |
Auditor
Annveshan Business Solutions Private Limited is audited by VINAYNSANJI for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| VINAYNSANJI | FY 2023 | 214955 |
Shareholding
The shareholding of Annveshan Business Solutions Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Annveshan Business Solutions Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Annveshan Business Solutions Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
Annveshan Business Solutions Private Limited has 6 MSME Form 1 returns on record between 2019 and 2023, listing 13 overdue payments to 3 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (3 of 3)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Ice Cream Labs Brand & Advertising Technologies Private Limited | |||
| Bizee Technologies Private Limited | |||
| an individual supplier |
To see the full MSME payment records of Annveshan Business Solutions Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Annveshan Business Solutions has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAGCA2218M1ZJ | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Annveshan Business Solutions Private Limited, buy the company report.
Recent activity
Annveshan Business Solutions Private Limited has 2 board changes on record since 2007: 2 appointments. The latest: Davanam Sureshbabu Lalitha was appointed as Director on 28 Mar 2007.
Frequently asked questions
Annveshan Business Solutions is an active private limited company based in Bangalore, Karnataka, India. The company works in business and IT consulting, within the business outsourcing industry. It was incorporated on 28 March 2007 (19+ years old) and is registered under CIN U74140KA2007PTC042283.
Annveshan Business Solutions has 2 current directors:
- Kamala Davanam Vivek - Director
- Davanam Sureshbabu Lalitha - Director
The latest financial statements of Annveshan Business Solutions on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Annveshan Business Solutions is 29AAGCA2218M1ZJ, registered in Karnataka.
The CIN (Corporate Identification Number) of Annveshan Business Solutions is U74140KA2007PTC042283. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Annveshan Business Solutions was incorporated on 28 March 2007, making it 19+ years old. It is registered with the Registrar of Companies, Bangalore.
Davanam Sureshbabu Lalitha was appointed as Director on 28 Mar 2007. Kamala Davanam Vivek was appointed as Director on 28 Mar 2007.
Annveshan Business Solutions has 6 MSME Form 1 returns on record between 2019 and 2023, listing 13 overdue payments to 3 micro and small suppliers. The latest return was filed on 03 Jan 2024.
Annveshan Business Solutions can be reached through the website annveshan.com. Its registered office is in Bangalore, Karnataka, India.
The registered office of Annveshan Business Solutions is at 1110 35 D Cross IV T Block Jayanagar, Bangalore, Karnataka, India – 560004.
Annveshan Business Solutions operates in the business outsourcing industry, in the business and IT consulting segment.
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