- Category
- Micro (2023-24)
- Udyam number
- UDYAM-TS-02-0027233

About Avantari Technologies Private Limited
Data last updated:
Avantari Technologies Private Limited is a private limited company based in Hyderabad, Telangana, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 13 February 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U62099TG2014PTC092939. Its GSTIN is 36AAMCA4465A2ZT (Telangana). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1.09 Lakh. It was formerly known as Avantari Medical Technologies Private Limited. It is led by directors Bhairav Shankar and Premdutta Shankar.
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 Plot No – 185 Road No – 76 Jubilee Hills, Hyderabad, Telangana, India – 500033.
As per the financials filed for FY 2024, the company reported a revenue of ₹43.56 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹2.14 Lakh (net margin 4.9%) and EBITDA of ₹3.57 Lakh (EBITDA margin 8.2%). Revenue has declined at a compounded annual rate (CAGR) of 23% over three years and 42% over five years.
The company has about 12 employees on its provident fund (EPFO) records.
The company is associated with 2 brands: Avantari and Dhyana. Court records list 4 cases involving the company, including 4 filed against it.
Avantari Technologies Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-TS-02-0027233). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website avantari.org.
Company details
CIN history
Avantari Technologies has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U62099TG2014PTC092939, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U62099TG2014PTC092939 | Current |
| U85100TG2014PTC092939 | Previous |
| U85100AP2014PTC092939 | Previous |
Recognitions & Rankings of Avantari Technologies
Contact details
Avantari Technologies Private Limited's registered office is in Hyderabad, Telangana.
- Social Media
- Registered AddressPlot No – 185 Road No – 76 Jubilee Hills, Hyderabad, Telangana, India – 500033
- IndustryInformation Technology, IT Consulting & Support Services
- 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
Avantari Technologies operates two associated brands: Avantari and Dhyana. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Develops wearable devices for monitoring health and meditation. | avantari.org | |
| Delivers a wearable device for tracking meditation and mindfulness practices. | smartdhyana.com |
Business activity
The main business activity of Avantari Technologies is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities |
To see the full business activity and turnover split of Avantari Technologies Private Limited, buy the company report.
Financials of Avantari Technologies Private Limited
FY 2024 filings availableAvantari Technologies Private Limited reported revenue of ₹43.56 Lakh (up 430% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue rose 430% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 42%. EBITDA rose 145% 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 | ₹3.57 Lakh | ||||
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| Net Profit (PAT) | ₹2.14 Lakh | ||||
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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 | 8.2% | ||||
| Net Profit Margin | 4.9% | ||||
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To see the full financial statements and ratios of Avantari Technologies Private Limited, buy the company report.
Board of directors of Avantari Technologies Private Limited
Avantari Technologies has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Bhairav Shankar Also directs: Dhyana Sports Technology Private Limited | Director | 13 Feb 2014 | 12 Years 8 Months | Current |
| Premdutta Shankar | Director | 06 Dec 2023 | 2 Years 10 Months | Current |
Peer comparison
Avantari Technologies Private Limited is compared with the 6 companies closest to it by revenue in the same principal business activity (other professional, scientific and technical activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Calibre Technovations Private Limited | ₹43.59 Lakh (FY 2024) | -24.0% | Mumbai, Maharashtra, India | |||
| Personifier Media Private Limited | ₹43.57 Lakh (FY 2025) | 57.0% | Delhi, India | |||
| Axiology Valuetech Private Limited | ₹43.57 Lakh (FY 2025) | 17327.0% | New Delhi, Delhi, India | |||
| Avantari Technologies Private Limitedthis company | ₹43.56 Lakh (FY 2024) | ₹2.14 Lakh | 4.9% | 430.0% | Hyderabad, Telangana, India | |
| Avid Information Search and Documents Private Limited | ₹43.55 Lakh (FY 2025) | 17.0% | Bangalore, Karnataka, India | |||
| Scorp Global Consultancy Private Limited | ₹43.54 Lakh (FY 2025) | 384.0% | New Delhi, Delhi, India | |||
| Ky Technologies and Training Services Private Limited | ₹43.52 Lakh (FY 2023) | 966.0% | Tiruvallur, Tamil Nadu, India |
To see the full peer comparison of Avantari Technologies Private Limited, buy the company report.
Legal cases
Avantari Technologies Private Limited has 4 court cases on record: 4 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 4 | 0 |
Cases on record (1 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Khandwa, Madhya Pradesh | Court case (SC ELE) | Filed against the company by M.P.P.K.V.V.Co. Ltd | Disposed |
To see the full case history of Avantari Technologies Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Avantari Technologies Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Avantari Technologies has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AAMCA4465A2ZT | Telangana | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Avantari Technologies Private Limited, buy the company report.
Recent activity
Avantari Technologies Private Limited has 5 board changes on record since 2014: 2 appointments and 3 cessations. The latest: Premdutta Shankar ceased to be Additional Director on 29 Sep 2024.
Frequently asked questions
Avantari Technologies is an active private limited company based in Hyderabad, Telangana, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 13 February 2014 (12+ years old) and is registered under CIN U62099TG2014PTC092939.
Avantari Technologies has 2 current directors:
- Bhairav Shankar - Director
- Premdutta Shankar - Director
The latest financial statements of Avantari Technologies 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 Avantari Technologies is 36AAMCA4465A2ZT, registered in Telangana. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Avantari Technologies is U62099TG2014PTC092939. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Avantari Technologies has 4 court cases on record: 4 filed against it.
Avantari Technologies was incorporated on 13 February 2014, making it 12+ years old. It is registered with the Registrar of Companies, Hyderabad.
The peers of Avantari Technologies by revenue are Calibre Technovations Private Limited, Personifier Media Private Limited, Axiology Valuetech Private Limited, Avid Information Search and Documents Private Limited, Scorp Global Consultancy Private Limited and 1 more, all in the same principal business activity (other professional, scientific and technical activities).
Premdutta Shankar ceased to be Additional Director on 29 Sep 2024. Shankar Mani ceased to be Director on 08 Dec 2023. Premdutta Shankar was appointed as Director on 06 Dec 2023. Avantari Technologies has 5 board changes on record in total.
Yes, Avantari Technologies is registered as a micro enterprise under Udyam registration (number: UDYAM-TS-02-0027233).
Avantari Technologies can be reached through the website avantari.org. Its registered office is in Hyderabad, Telangana, India.