Avid IT Solutions Private Limited
About Avid IT Solutions Private Limited
Data last updated:
Avid IT Solutions Private Limited was a private limited company based in Telangana, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the software development and IT solutions segment of the software and technology sector. It was incorporated on 05 December 2005.
The company was registered with the Registrar of Companies (ROC), Hyderabad, under CIN U72200TG2005PTC048305.
The company had an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was led by director Gottumukkala Venkateswar Rao.
Its last annual general meeting (AGM) was held on 26 September 2007, and its latest financial statements are for the year ended 31 March 2007. The registered office was at Avid It Solutions Pvt Ltdavid It Solutions Pvt Ltd Avid It Solutions Pvt Ltd, Telangana, India.
Company details
CIN history
Avid IT Solutions has one previous CIN (Corporate Identification Number): U72200AP2005PTC048305. The current CIN is U72200TG2005PTC048305, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U72200TG2005PTC048305 | Current |
| U72200AP2005PTC048305 | Previous |
Contact details
Avid IT Solutions Private Limited's registered office is in Telangana.
- Social Media
- Registered AddressAvid It Solutions Pvt Ltdavid It Solutions Pvt Ltd Avid It Solutions Pvt Ltd, Telangana, India
- IndustrySoftware, Software Development, Software Publishing
- 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
Financials of Avid IT Solutions Private Limited
FY 2007 filings availableFinancial Statement Summary
| Metrics | FY 2006-07 |
|---|---|
| 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 | |
| Profit Before Tax | |
| Tax Expense | |
| Net Profit (PAT) | |
| 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
| Metrics | FY 2006-07 |
|---|---|
| Profitability | |
| EBITDA Margin | |
| Net Profit Margin | |
| 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 Avid IT Solutions Private Limited, buy the company report.
Board of directors of Avid IT Solutions Private Limited
Avid IT Solutions has 1 director on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Gottumukkala Venkateswar Rao Also directs: Inbicoll Technologies Private Limited | Director | 05 Dec 2005 | 20 Years 11 Months | As last reported |
Legal cases
No court or tribunal cases involving Avid IT Solutions 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 Avid IT Solutions 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 Avid IT Solutions Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Avid IT Solutions Private Limited has 1 board change on record since 2005: 1 appointment. The latest: Gottumukkala Venkateswar Rao was appointed as Director on 05 Dec 2005.
Frequently asked questions
Avid IT Solutions has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Avid IT Solutions was a private limited company based in Telangana, India. The company worked in software development, within the software industry. It was incorporated on 05 December 2005 and is registered under CIN U72200TG2005PTC048305. The company has been struck off by the Registrar of Companies and is no longer operational.
Avid IT Solutions had 1 director:
- Gottumukkala Venkateswar Rao - Director
The CIN (Corporate Identification Number) of Avid IT Solutions is U72200TG2005PTC048305. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Avid IT Solutions is at Avid It Solutions Pvt Ltdavid It Solutions Pvt Ltd Avid It Solutions Pvt Ltd, Telangana, India.
Avid IT Solutions was incorporated on 05 December 2005. It is registered with the Registrar of Companies, Hyderabad.
The latest financial statements of Avid IT Solutions on record with the MCA are for the year ended 31 March 2007. Its last annual general meeting was held on 26 September 2007. Year-wise statements from 2015 are in the company report.
Avid IT Solutions operated in the software industry, in the software development segment. It worked in this industry before it was struck off.
Gottumukkala Venkateswar Rao was appointed as Director on 05 Dec 2005.
Avid IT Solutions can be reached at its registered office: Avid It Solutions Pvt Ltdavid It Solutions Pvt Ltd Avid It Solutions Pvt Ltd, Telangana, India.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
