About Avaap IT Services Private Limited
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Avaap IT Services Private Limited is a private limited company based in Chennai, Tamil Nadu, India, a subsidiary of Avaap Holdings I Llc. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 06 October 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U72900TN2021PTC146815. Its GSTIN is 33AAVCA9052G1ZE (Tamil Nadu).
The company has an authorised share capital of ₹37.5 Lakh and a paid-up capital of ₹37.5 Lakh. It is led by directors including Dhiraj Shah and Madhukant Agrawal.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 54/7 Surabhi Apt 1st Flr Voltas, Colony 3rd Street Chennai, Tamil Nadu, India – 600061.
As per the financials filed for FY 2025, the company reported a revenue of ₹2.82 Cr, a decline of 27% compared to the previous year. For the same year it recorded a net profit of ₹39.13 Lakh (net margin 13.9%) and EBITDA of ₹58.07 Lakh (EBITDA margin 20.6%). Revenue has grown at a compounded annual rate (CAGR) of 63% over three years.
The company has about 8 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Avaap.
For more details, the company can be reached via its website avaap.com.
Company details
Contact details
Avaap IT Services Private Limited's registered office is in Chennai, Tamil Nadu. Its website is avaap.com. Its e-mail address is in the company report.
- Email
- Website
- Social Media
- Registered Address54/7 Surabhi Apt 1st Flr Voltas, Colony 3rd Street Chennai, Tamil Nadu, India – 600061
- IndustryInformation Technology, Application Development & Software Solutions
To see the full contact details of Avaap IT Services 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 Avaap IT Services is information and communication. In detail, this covers other information & communication service activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service activities |
To see the full business activity and turnover split of Avaap IT Services Private Limited, buy the company report.
Financials of Avaap IT Services Private Limited
FY 2025 filings availableAvaap IT Services Private Limited reported revenue of ₹2.82 Cr (down 27% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 27% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 63%. EBITDA fell 16% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
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| EBITDA | ₹58.07 Lakh | |||
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| Net Profit (PAT) | ₹39.13 Lakh | |||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
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| Profitability | ||||
| EBITDA Margin | 20.6% | |||
| Net Profit Margin | 13.9% | |||
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To see the full financial statements and ratios of Avaap IT Services Private Limited, buy the company report.
Board of directors of Avaap IT Services Private Limited
Avaap IT Services has 4 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Dhiraj Shah | Director | 10 Jun 2025 | 1 Years 4 Months | Current |
| Madhukant Agrawal Also directs: Agrasha Alloys and Metals Private Limited | Director | 06 Oct 2021 | 5 Years 0 Months | Current |
| Dhruvkant Madhukant Agrawal Also directs: Agrasha Alloys and Metals Private Limited | Director | 06 Oct 2021 | 5 Years 0 Months | Current |
| Stephen Adam Csuka | Director | 10 Jun 2025 | 1 Years 4 Months | Current |
Auditor
Avaap IT Services Private Limited is audited by TARANG SAVLA & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| TARANG SAVLA & ASSOCIATES | FY 2023 | 156286W |
Shareholding
The shareholding of Avaap IT Services Private Limited is on record for 2 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Avaap IT Services Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Avaap IT Services 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
Avaap IT Services Private Limited has 1 MSME Form 1 return on record for the period ending Mar 2024, listing 1 overdue payment to 1 micro and small supplier. 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 (1 of 1)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Sundar Srini & Sridhar |
To see the full MSME payment records of Avaap IT Services Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Avaap IT Services Private Limited has a workforce of 8 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
GST
Avaap IT Services has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAVCA9052G1ZE | Tamil Nadu | Active | 19 Jan 2022 |
To see the full GST registrations and return filing status of Avaap IT Services Private Limited, buy the company report.
Recent activity
Avaap IT Services Private Limited has 6 board changes on record since 2021: 4 appointments and 2 cessations. The latest: Stephen Adam Csuka ceased to be Additional Director on 29 Sep 2025.
News
Frequently asked questions
Avaap IT Services is an active private limited company based in Chennai, Tamil Nadu, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 06 October 2021 (5+ years old) and is registered under CIN U72900TN2021PTC146815.
Avaap IT Services has 4 current directors:
- Dhiraj Shah - Director
- Madhukant Agrawal - Director
- Dhruvkant Madhukant Agrawal - Director
- Stephen Adam Csuka - Director
The latest financial statements of Avaap IT Services on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2022 are in the company report.
The GSTIN of Avaap IT Services is 33AAVCA9052G1ZE, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Avaap IT Services is U72900TN2021PTC146815. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Avaap IT Services was incorporated on 06 October 2021, making it 5+ years old. It is registered with the Registrar of Companies, Chennai.
Stephen Adam Csuka ceased to be Additional Director on 29 Sep 2025. Dhiraj Shah was appointed as Director on 10 Jun 2025. Dhiraj Shah ceased to be Director on 10 Jun 2025. Avaap IT Services has 6 board changes on record in total.
Avaap IT Services has 1 MSME Form 1 return on record for the period ending Mar 2024, listing 1 overdue payment to 1 micro and small supplier. The latest return was filed on 30 Apr 2024.
Avaap IT Services can be reached through the website avaap.com. Its registered office is in Chennai, Tamil Nadu, India.
The registered office of Avaap IT Services is at 547 Surabhi Apt 1st Flr Voltas, Colony 3rd Street Chennai, Tamil Nadu, India – 600061.
Avaap IT Services operates in the information technology industry, in the application development and software solutions segment.
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