Averq Unify Private Limited - information technology in Bangalore, Karnataka, India. Directors, charges & compliance details.
CIN U72900KA2022PTC165725 Incorporated 05 September 2022 ROC Bangalore HQ Bangalore, Karnataka, India
Active Private Limited Company information technology
Data last updated
Revenue · FY 2024
₹5.09 Cr
Latest filing
Net profit · FY 2024
₹7.13 Lakh
Net margin 1.4%
EBITDA · FY 2024
₹11.83 Lakh
EBITDA margin 2.3%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
4 yrs
Est. 2022
Employees · EPFO
5
Provident fund records
Directors on board
2
As per MCA filings

About Averq Unify Private Limited

Data last updated:

Averq Unify Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 05 September 2022.

The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72900KA2022PTC165725.

The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Chetan Arvind Jadhav and Karthik Manoor Shenoy.

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 ₹5.09 Cr. For the same year it recorded a net profit of ₹7.13 Lakh (net margin 1.4%) and EBITDA of ₹11.83 Lakh (EBITDA margin 2.3%).

The company has about 5 employees on its provident fund (EPFO) records.

The company is associated with 1 brand: AverQ.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website averq.com.

Company details

CIN U72900KA2022PTC165725
Registration Number 165725
Incorporation Date 05 September 2022
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant

Contact details

Averq Unify Private Limited's registered office is in Bangalore, Karnataka.

  • Social Media
  • Registered Address
    273 Mico Employees Griha Nirmana Sangha, Btm Rashtrakavi Kuvempu Nagara, Bangalore, Karnataka, India – 560076
  • Industry
    Information Technology, Application Development & Software Solutions
Comprehensive company report
Averq Unify Private Limited - one report that includes everything
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  • Historical financials and ratios
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  • Legal cases, compliance and MCA filings
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Brands

Averq Unify operates one associated brand: AverQ. Each brand links to its own profile.

BrandDescriptionWebsite
Provides an integrated app for governance, risk, and compliance in finance.averq.com

Business activity

The main business activity of Averq Unify is information and communication. In detail, this covers computer programming, consultancy and related activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
JInformation and communicationJ6Computer programming, consultancy and related activities

To see the full business activity and turnover split of Averq Unify Private Limited, buy the company report.

Financials of Averq Unify Private Limited

FY 2025 filings available

Averq Unify Private Limited reported revenue of ₹5.09 Cr for FY 2024.

Revenue · FY 2024
₹5.09 Cr
Net profit · FY 2024
₹7.13 Lakh margin 1.4%
EBITDA · FY 2024
₹11.83 Lakh margin 2.3%

Financial Statement Summary

MetricsFY 2023-24FY 2022-23
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA₹11.83 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)₹7.13 Lakh
Balance Sheet
Share Capital
Reserves and Surplus
Net Worth (Total Equity)
Long-term Borrowings
Short-term Borrowings
Trade Payables
Total Liabilities
Fixed Assets
Investments
Inventories
Trade Receivables
Cash and Bank Balance
Total Assets

Financial Ratios

MetricsFY 2023-24FY 2022-23
Profitability
EBITDA Margin2.3%
Net Profit Margin1.4%
Return on Equity (ROE)
Return on Capital Employed (ROCE)
Return on Assets (ROA)
Liquidity and Debt
Current Ratio
Quick Ratio
Debt-to-Equity Ratio
Interest Coverage Ratio
Efficiency and Growth
Asset Turnover
Receivable Days
Payable Days
Inventory Days
Revenue Growth
Net Profit Growth

To see the full financial statements and ratios of Averq Unify Private Limited, buy the company report.

Board of directors of Averq Unify Private Limited

Averq Unify has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Chetan Arvind JadhavDirector30 Sep 20242 Years 0 MonthsCurrent
Karthik Manoor ShenoyDirector05 Sep 20224 Years 1 MonthsCurrent

Peer comparison

Averq Unify Private Limited is compared with the 6 companies closest to it by revenue in the same principal business activity (computer programming, consultancy and related activities), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Softices Consultancy Private Limited₹5.1 Cr (FY 2025)18.0%Surat, Gujarat, India
Xenon Info Solutions Private Limited₹5.09 Cr (FY 2024)-8.0%Hyderabad, Telangana, India
Averq Unify Private Limitedthis company₹5.09 Cr (FY 2024)₹7.13 Lakh1.4%Bangalore, Karnataka, India
Sofscript Systems & Services Limited₹5.09 Cr (FY 2023)-22.0%Mumbai, Maharashtra, India
Ruletronics Systems Private Limited₹5.09 Cr (FY 2020)-57.0%Mumbai, Maharashtra, India
E-Sutra Chronicles Private Limited₹5.09 Cr (FY 2024)2.0%Bangalore, Karnataka, India
Kudometrics Technologies Private Limited₹5.09 Cr (FY 2025)-70.0%Attur, Tamil Nadu, India

To see the full peer comparison of Averq Unify Private Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Averq Unify Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

No GST registration is on our record for Averq Unify Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.

Recent activity

Averq Unify Private Limited has 3 board changes on record since 2022: 2 appointments and 1 cessation. The latest: Chetan Arvind Jadhav was appointed as Director on 30 Sep 2024.

AGM
Averq Unify Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Averq Unify Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Appointed
Chetan Arvind Jadhav was appointed as Director.
Ceased
Manoor Bhaskar Shenoy ceased to be Director.
Appointed
Karthik Manoor Shenoy was appointed as Director.
Incorporation
05 Sep 2022
Averq Unify Private Limited was registered on 05 Sep 2022 with Roc Bangalore & aged 4 years 1 month as per MCA records.

Frequently asked questions

Averq Unify is an active private limited company based in Bangalore, Karnataka, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 05 September 2022 (4+ years old) and is registered under CIN U72900KA2022PTC165725.

Averq Unify has 2 current directors:

The latest financial statements of Averq Unify 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 2023 are in the company report.

The CIN (Corporate Identification Number) of Averq Unify is U72900KA2022PTC165725. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Averq Unify was incorporated on 05 September 2022, making it 4+ years old. It is registered with the Registrar of Companies, Bangalore.

The peers of Averq Unify by revenue are Softices Consultancy Private Limited, Xenon Info Solutions Private Limited, Sofscript Systems & Services Limited, Ruletronics Systems Private Limited, E-Sutra Chronicles Private Limited and 1 more, all in the same principal business activity (computer programming, consultancy and related activities).

Chetan Arvind Jadhav was appointed as Director on 30 Sep 2024. Manoor Bhaskar Shenoy ceased to be Director on 30 Sep 2024. Karthik Manoor Shenoy was appointed as Director on 05 Sep 2022.

Averq Unify can be reached through the website averq.com. Its registered office is in Bangalore, Karnataka, India.

The registered office of Averq Unify is at 273 Mico Employees Griha Nirmana Sangha, Btm Rashtrakavi Kuvempu Nagara, Bangalore, Karnataka, India – 560076.

Averq Unify operates in the information technology industry, in the application development and software solutions segment.

The compliance status of Averq Unify is compliant as of 29 August 2026. The company is actively filing with the Registrar of Companies.