About Avanseus Technologies Private Limited
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Avanseus Technologies Private Limited is a foreign private limited company based in Bangalore, Karnataka, India, a subsidiary of Avanseus Holdings Pte Ltd. It operates in the software development and support services segment of the technology and IT services sector. It was incorporated on 03 August 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72200KA2015FTC081946. Its GSTIN is 29AANCA7342M1Z1 (Karnataka).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Rajendra Narayan Panda and Bhargab Mitra.
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 Bangalore, Karnataka.
As per the financials filed for FY 2024, the company reported a revenue of ₹13.44 Cr, a decline of 17% compared to the previous year. For the same year it recorded a net profit of ₹1.29 Cr (net margin 9.6%) and EBITDA of ₹1.88 Cr (EBITDA margin 14%). Revenue has grown at a compounded annual rate (CAGR) of 17% over five years.
The company has about 1 employee on its provident fund (EPFO) records.
The company is associated with 1 brand: Avanseus.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website avanseus.com.
Company details
Contact details
Avanseus Technologies Private Limited's registered office is in Bangalore, Karnataka. Its website is avanseus.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressOffice No. 08B107 We Work Rmz Latitude Commercial, 10th Floor Bellary Rd Hebbal Near Godrej Appartment, Bangalore, Karnataka, India – 560024
- IndustryInformation Technology, Software Development & Support Services
To see the full contact details of Avanseus Technologies 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
Brands
Avanseus Technologies operates one associated brand: Avanseus. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Cloud-based software for predictive maintenance | avanseus.com |
Business activity
The main business activity of Avanseus Technologies is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities |
To see the full business activity and turnover split of Avanseus Technologies Private Limited, buy the company report.
Financials of Avanseus Technologies Private Limited
FY 2025 filings availableAvanseus Technologies Private Limited reported revenue of ₹13.44 Cr (down 17% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue fell 17% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 17%. EBITDA fell 8% 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 | ₹1.88 Cr | ||||
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| Net Profit (PAT) | ₹1.29 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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| Profitability | |||||
| EBITDA Margin | 14% | ||||
| Net Profit Margin | 9.6% | ||||
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To see the full financial statements and ratios of Avanseus Technologies Private Limited, buy the company report.
Board of directors of Avanseus Technologies Private Limited
Avanseus Technologies has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rajendra Narayan Panda | Director | 03 Aug 2015 | 11 Years 3 Months | Current |
| Bhargab Mitra | Director | 08 Apr 2021 | 5 Years 7 Months | Current |
Peer comparison
Avanseus Technologies Private Limited is compared with the 3 companies closest to it by revenue in the Information Technology industry (Software Services), with the same principal business activity (computer programming, consultancy and related activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Liveramp India Private Limited | ₹13.49 Cr (FY 2025) | 185.0% | Delhi, India | |||
| CRS Global Services Private Limited | ₹13.48 Cr (FY 2025) | 12.0% | New Delhi, Delhi, India | |||
| Avanseus Technologies Private Limitedthis company | ₹13.44 Cr (FY 2024) | ₹1.29 Cr | 9.6% | -17.0% | 1 | Bangalore, Karnataka, India |
| Algoshack Technologies Private Limited | ₹13.35 Cr (FY 2024) | 4.0% | Bangalore, Karnataka, India |
To see the full peer comparison of Avanseus Technologies Private Limited, buy the company report.
Auditor
Avanseus Technologies Private Limited is audited by CHATURVEDI & SHAH for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| CHATURVEDI & SHAH | FY 2020 | 101720W |
Shareholding
The shareholding of Avanseus Technologies Private Limited is on record for 4 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Avanseus Technologies Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Avanseus Technologies 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
No delayed payments to MSME suppliers are on our record for Avanseus Technologies Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Avanseus Technologies Private Limited has a workforce of 1 employees on its EPFO records as of Apr 2026, across 1 active EPFO establishment.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 1 |
| FY 2025-26 | |
| FY 2024-25 | |
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| FY 2022-23 | |
| FY 2021-22 | |
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| FY 2019-20 | |
| FY 2018-19 | |
| FY 2017-18 | |
| FY 2016-17 |
To see the full employee and EPFO history of Avanseus Technologies Private Limited, buy the company report.
GST
Avanseus Technologies has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AANCA7342M1Z1 | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Avanseus Technologies Private Limited, buy the company report.
Recent activity
Avanseus Technologies Private Limited has 6 board changes on record since 2015: 4 appointments and 2 cessations. The latest: Chiranjib Bhandary ceased to be Director on 27 Aug 2025.
News
Frequently asked questions
Avanseus Technologies is an active foreign private limited company based in Bangalore, Karnataka, India. The company works in software development and support services, within the information technology industry. It was incorporated on 03 August 2015 (11+ years old) and is registered under CIN U72200KA2015FTC081946.
Avanseus Technologies has 2 current directors:
- Rajendra Narayan Panda - Director
- Bhargab Mitra - Director
The latest financial statements of Avanseus Technologies 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 2016 are in the company report.
The GSTIN of Avanseus Technologies is 29AANCA7342M1Z1, registered in Karnataka.
The CIN (Corporate Identification Number) of Avanseus Technologies is U72200KA2015FTC081946. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Avanseus Technologies was incorporated on 03 August 2015, making it 11+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Avanseus Technologies by revenue are Liveramp India Private Limited, CRS Global Services Private Limited, Algoshack Technologies Private Limited, all in the Information Technology industry (Software Services), with the same principal business activity (computer programming, consultancy and related activities).
Chiranjib Bhandary ceased to be Director on 27 Aug 2025. Bhargab Mitra was appointed as Director on 08 Apr 2021. Naveen Gupta ceased to be Director on 20 Dec 2018. Avanseus Technologies has 6 board changes on record in total.
Avanseus Technologies can be reached through the website avanseus.com. Its registered office is in Bangalore, Karnataka, India.
The registered office of Avanseus Technologies is at Office No. 08B107 We Work Rmz Latitude Commercial, 10th Floor Bellary Rd Hebbal Near Godrej Appartment, Bangalore, Karnataka, India – 560024.
Avanseus Technologies operates in the information technology industry, in the software development and support services segment.
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