MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MH-33-0087583
Avartan Technologies Private Limited - business outsourcing in Pune, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹17,280
▲ 3434% YoY
Net loss · FY 2025
₹18,096
Net margin -104.7%
EBITDA · FY 2025
-₹220
EBITDA margin -1.3%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
18 yrs
Est. 2008
Directors on board
4
As per MCA filings
GST registrations
1
None active
About Avartan Technologies Private Limited
Data last updated:
Avartan Technologies Private Limited is a private limited company based in Pune, Maharashtra, India. It operates in the business and IT consulting segment of the business process outsourcing sector. It was incorporated on 12 November 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U72200PN2008PTC133040. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Rixation Consulting Services Private Limited. It is led by directors including Sanjay Shekhar Shetty and Santosh Jayawant Rane.
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 2 Riddhi Bhaktiyog Society Mit College Road Rambag Colony Kothrud., Pune, Maharashtra, India – 411038.
As per the financials filed for FY 2025, the company reported a revenue of ₹17,280, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹18,096 (net margin -104.7%) and EBITDA of -₹220 (EBITDA margin -1.3%). Revenue has declined at a compounded annual rate (CAGR) of 86% over three years and 71% over five years.
Avartan Technologies Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-33-0087583). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website avartantech.co.in.
Company details
CIN U72200PN2008PTC133040
Registration Number 133040
Incorporation Date 12 November 2008
ROC Pune
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-MH-33-0087583
Key People
Sanjay Shekhar Shetty Director Santosh Jayawant Rane Director Jyothi Sanjay Shetty Director Recognitions & Rankings of Avartan Technologies
Contact details
Avartan Technologies Private Limited's registered office is in Pune, Maharashtra. Its website is avartantech.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address2 Riddhi Bhaktiyog Society Mit College Road Rambag Colony Kothrud., Pune, Maharashtra, India – 411038
- IndustryBusiness Outsourcing, Business & IT Consulting
To see the full contact details of Avartan Technologies Private Limited, buy the company report.
Comprehensive company report
Avartan Technologies Private Limited - one report that includes everything
- 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
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Financials of Avartan Technologies Private Limited
FY 2024 filings availableAvartan Technologies Private Limited reported revenue of ₹17,280 (up 3434% YoY) for FY 2025.
Revenue · FY 2025
₹17,280 ▲ 3434%
Net loss · FY 2025
₹18,096 margin -104.7%
EBITDA · FY 2025
-₹220 margin -1.3%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
3 years · compounded
▼ 86%
5 years · compounded
▼ 71%
EBITDA CAGR growth
1 year
▲ 98%
3 years · compounded
▼ 26%
5 years · compounded
▲ 82%
Revenue has declined at a compounded annual rate (CAGR) of 71% over five years. EBITDA rose 98% 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 | -₹220 | ||||
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| Net Profit (PAT) | -₹18,096 | ||||
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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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| Profitability | |||||
| EBITDA Margin | -1.3% | ||||
| Net Profit Margin | -104.7% | ||||
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To see the full financial statements and ratios of Avartan Technologies Private Limited, buy the company report.
Board of directors of Avartan Technologies Private Limited
Avartan Technologies has 4 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sanjay Shekhar Shetty Also directs: Dextero Business Solution Private Limited | Director | 03 May 2019 | 7 Years 5 Months | Current |
| Santosh Jayawant Rane Also directs: Metcon Innovation Engineers LLP, Tubix Industries LLP, Stilonn Valves and Controls Private Limited and 1 more | Director | 15 Jan 2010 | 16 Years 9 Months | Current |
| Jyothi Sanjay Shetty Also directs: Dextero Business Solution Private Limited | Director | 30 Dec 2019 | 6 Years 9 Months | Current |
| Manisha Santosh Rane | Director | 19 Jun 2017 | 9 Years 4 Months | Current |
Auditor
Avartan Technologies Private Limited is audited by SAGAR KOKNE & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SAGAR KOKNE & CO. | FY 2023 | 152569W |
Shareholding
The shareholding of Avartan Technologies 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 Avartan Technologies Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Avartan 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 Avartan Technologies Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Avartan Technologies has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
Total GSTINs
1
Cancelled / inactive
1
To see the full GST registrations and return filing status of Avartan Technologies Private Limited, buy the company report.
Recent activity
Avartan Technologies Private Limited has 13 board changes on record since 2009: 4 appointments and 9 cessations. The latest: Jyothi Sanjay Shetty was appointed as Director on 30 Dec 2019.
AGM
Avartan Technologies Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Avartan Technologies Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Pune.
Appointed
Jyothi Sanjay Shetty was appointed as Director.
Ceased
Amit Harish Dharamsi ceased to be Additional Director.
Ceased
Sanjay Shekhar Shetty ceased to be Additional Director.
Appointed
Sanjay Shekhar Shetty was appointed as Director.
Appointed
Manisha Santosh Rane was appointed as Director.
Ceased
Prashant Prabhakar Kulkarni ceased to be Director.
Ceased
Vasudeo Madhukar Joshi ceased to be Director.
Ceased
Nilesh Vijay Kulkarni ceased to be Director.
Ceased
Vijay Narayanrao Kulkarni ceased to be Additional Director.
Ceased
Santosh Jayawant Rane ceased to be Additional Director.
4 earlier events are in the company report.
Frequently asked questions
Avartan Technologies is an active private limited company based in Pune, Maharashtra, India. The company works in business and IT consulting, within the business outsourcing industry. It was incorporated on 12 November 2008 (18+ years old) and is registered under CIN U72200PN2008PTC133040.
Avartan Technologies has 4 current directors:
- Sanjay Shekhar Shetty - Director
- Santosh Jayawant Rane - Director
- Jyothi Sanjay Shetty - Director
- Manisha Santosh Rane - Director
The latest financial statements of Avartan 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.
No. Avartan Technologies has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Avartan Technologies is U72200PN2008PTC133040. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Avartan Technologies was incorporated on 12 November 2008, making it 18+ years old. It is registered with the Registrar of Companies, Pune.
Jyothi Sanjay Shetty was appointed as Director on 30 Dec 2019. Amit Harish Dharamsi ceased to be Additional Director on 30 Sep 2019. Sanjay Shekhar Shetty ceased to be Additional Director on 30 Sep 2019. Avartan Technologies has 13 board changes on record in total.
Yes, Avartan Technologies is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-33-0087583).
Avartan Technologies can be reached through the website avartantech.co.in. Its registered office is in Pune, Maharashtra, India.
The registered office of Avartan Technologies is at 2 Riddhi Bhaktiyog Society Mit College Road Rambag Colony Kothrud., Pune, Maharashtra, India – 411038.