About Avanzati Product Technologies Private Limited
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Avanzati Product Technologies Private Limited is a private limited company based in Mysore, Karnataka, India. It operates in the placement services segment of the professional services sector. It was incorporated on 29 July 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74999KA2016PTC095396. Its GSTIN is 29AAPCA3058E1ZJ (Karnataka).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Mutheri Narayanan Shuja and Harishma Gangadharan.
Its last annual general meeting (AGM) was held on 26 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at #603 22nd B Cross C Block Vijayanagara 3rd Stage, Mysore, Karnataka, India – 570030.
As per the financials filed for FY 2025, the company reported a revenue of ₹17.8 Lakh, a decline of 47% compared to the previous year. For the same year it recorded a net loss of ₹4.79 Lakh (net margin -26.9%) and EBITDA of -₹3.6 Lakh (EBITDA margin -20.2%). Revenue has grown at a compounded annual rate (CAGR) of 19% over three years and 17% over five years.
The company is associated with 1 brand: Avanzati Product Technologies.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website avanzatisolutions.com.
Company details
Contact details
Avanzati Product Technologies Private Limited's registered office is in Mysore, Karnataka. Its website is avanzatisolutions.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address#603 22nd B Cross C Block Vijayanagara 3rd Stage, Mysore, Karnataka, India – 570030
- IndustryProfessional Services, Placement Services, Human Resources
To see the full contact details of Avanzati Product 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
Avanzati Product Technologies operates one associated brand: Avanzati Product Technologies. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Services in recruitment, application development, and market intelligence for technology and related sectors. | avanzatisolutions.com |
Business activity
The main business activity of Avanzati Product Technologies is support service to organizations. In detail, this covers placement agencies and hr management services.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| N | Support service to Organizations | N2 | Placement agencies and HR management services |
To see the full business activity and turnover split of Avanzati Product Technologies Private Limited, buy the company report.
Financials of Avanzati Product Technologies Private Limited
FY 2025 filings availableAvanzati Product Technologies Private Limited reported revenue of ₹17.8 Lakh (down 47% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 47% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 17%. EBITDA fell 413% 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 | FY 2020-21 |
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| EBITDA | -₹3.6 Lakh | ||||
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| Net Profit (PAT) | -₹4.79 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA Margin | -20.2% | ||||
| Net Profit Margin | -26.9% | ||||
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To see the full financial statements and ratios of Avanzati Product Technologies Private Limited, buy the company report.
Board of directors of Avanzati Product Technologies Private Limited
Avanzati Product Technologies has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mutheri Narayanan Shuja | Director | 16 Mar 2022 | 4 Years 7 Months | Current |
| Harishma Gangadharan | Director | 11 Feb 2017 | 9 Years 8 Months | Current |
Peer comparison
Avanzati Product Technologies Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (placement agencies and hr management services), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Truedreams Projects India Private Limited | ₹17.93 Lakh (FY 2020) | Delhi, India | ||||
| Butki Services (OPC) Private Limited | ₹17.91 Lakh (FY 2023) | Dhanbad, Jharkhand, India | ||||
| Pratyarth Services (OPC) Private Limited | ₹17.87 Lakh (FY 2025) | 187.0% | New Delhi, Delhi, India | |||
| Ready2jobs Manpower Suppliers Private Limited | ₹17.85 Lakh (FY 2021) | -41.0% | Coimbatore, Tamil Nadu, India | |||
| Raina Infovision Private Limited | ₹17.81 Lakh (FY 2024) | 253.0% | New Delhi, Delhi, India | |||
| Avanzati Product Technologies Private Limitedthis company | ₹17.8 Lakh (FY 2025) | -₹4.79 Lakh | -26.9% | -47.0% | Mysore, Karnataka, India | |
| Able Angel Ship Management Private Limited | ₹17.79 Lakh (FY 2023) | -27.0% | Mumbai, Maharashtra, India | |||
| Huncheshwarseva Services Private Limited | ₹17.76 Lakh (FY 2024) | -17.0% | Gulbarga, Karnataka, India | |||
| Everzone Constructions Private Limited | ₹17.75 Lakh (FY 2023) | -1.0% | New Delhi, Delhi, India | |||
| Speedcheck Private Limited | ₹17.73 Lakh (FY 2022) | Coimbatore, Tamil Nadu, India | ||||
| Headfirst Softwares Private Limited | ₹17.72 Lakh (FY 2018) | 2.0% | Dharwad, Karnataka, India |
To see the full peer comparison of Avanzati Product Technologies Private Limited, buy the company report.
Auditor
Avanzati Product Technologies Private Limited is audited by SUBEK AGARWAL & ASSOCIATES for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SUBEK AGARWAL & ASSOCIATES | FY 2017 | 328737E |
Shareholding
The shareholding of Avanzati Product Technologies Private Limited is on record for FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Foreign institutional investors (FII) | |
| Public | |
| Others |
To see the full shareholding pattern of Avanzati Product Technologies Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Avanzati Product 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 Avanzati Product Technologies Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Avanzati Product Technologies has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAPCA3058E1ZJ | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Avanzati Product Technologies Private Limited, buy the company report.
Recent activity
Avanzati Product Technologies Private Limited has 6 board changes on record since 2017: 2 appointments and 4 cessations. The latest: Nelly Pillai Somasekharan ceased to be Director on 17 Dec 2024.
Frequently asked questions
Avanzati Product Technologies is an active private limited company based in Mysore, Karnataka, India. The company works in placement services, within the professional services industry. It was incorporated on 29 July 2016 (10+ years old) and is registered under CIN U74999KA2016PTC095396.
Avanzati Product Technologies has 2 current directors:
- Mutheri Narayanan Shuja - Director
- Harishma Gangadharan - Director
The latest financial statements of Avanzati Product Technologies on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 26 September 2025. Year-wise statements from FY 2017 are in the company report.
The GSTIN of Avanzati Product Technologies is 29AAPCA3058E1ZJ, registered in Karnataka.
The CIN (Corporate Identification Number) of Avanzati Product Technologies is U74999KA2016PTC095396. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Avanzati Product Technologies was incorporated on 29 July 2016, making it 10+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Avanzati Product Technologies by revenue are Truedreams Projects India Private Limited, Butki Services (OPC) Private Limited, Pratyarth Services (OPC) Private Limited, Ready2jobs Manpower Suppliers Private Limited, Raina Infovision Private Limited and 5 more, all in the same principal business activity (placement agencies and hr management services).
Nelly Pillai Somasekharan ceased to be Director on 17 Dec 2024. Harishma Gangadharan ceased to be Additional Director on 29 Sep 2024. Mutheri Narayanan Shuja was appointed as Director on 16 Mar 2022. Avanzati Product Technologies has 6 board changes on record in total.
Avanzati Product Technologies can be reached through the website avanzatisolutions.com. Its registered office is in Mysore, Karnataka, India.
The registered office of Avanzati Product Technologies is at #603 22nd B Cross C Block Vijayanagara 3rd Stage, Mysore, Karnataka, India – 570030.
Avanzati Product Technologies operates in the professional services industry, in the placement services segment.
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