About Avokis Technology Private Limited
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Avokis Technology Private Limited is a private limited company based in Patna, Bihar, India. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 10 September 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Patna, under CIN U72300BR2014PTC022873. Its GSTIN is 10AAMCA9227A1Z6 (Bihar).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Shaiba Naz and Waqar Afzal.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at Mahatawna Behind M.S.M. Imrat Sharia Hospital Phulwarisharif, Patna, Bihar, India – 801505.
As per the financials filed for FY 2023, the company reported a revenue of ₹3.62 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹13,049 (net margin 3.6%) and EBITDA of ₹26,824 (EBITDA margin 7.4%). Revenue has grown at a compounded annual rate (CAGR) of 36% over three years and 82% over five years.
The company has about 1 employee on its provident fund (EPFO) records.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website avokis.com.
Company details
Contact details
Avokis Technology Private Limited's registered office is in Patna, Bihar. Its website is avokis.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressMahatawna Behind M.S.M. Imrat Sharia Hospital Phulwarisharif, Patna, Bihar, India – 801505
- IndustryInformation Technology, Application Development & Software Solutions
To see the full contact details of Avokis Technology 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
Business activity
The main business activity of Avokis Technology is information and communication. In detail, this covers other information & communication service activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service activities |
To see the full business activity and turnover split of Avokis Technology Private Limited, buy the company report.
Financials of Avokis Technology Private Limited
FY 2023 filings availableAvokis Technology Private Limited reported revenue of ₹3.62 Lakh (up 3159% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 82% over five years. EBITDA rose 171% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
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| Revenue from Operations | ₹3.62 Lakh | ||||
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| EBITDA | ₹26,824 | ||||
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| Net Profit (PAT) | ₹13,049 | ||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| Profitability | |||||
| EBITDA Margin | 7.4% | ||||
| Net Profit Margin | 3.6% | ||||
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To see the full financial statements and ratios of Avokis Technology Private Limited, buy the company report.
Board of directors of Avokis Technology Private Limited
Avokis Technology has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shaiba Naz | Director | 16 Jun 2021 | 5 Years 4 Months | Current |
| Waqar Afzal | Director | 10 Sep 2014 | 12 Years 1 Months | Current |
Peer comparison
Avokis Technology Private Limited is compared with the 3 companies closest to it by revenue in the Information Technology industry (Application Development), with the same principal business activity (other information & communication service activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| DS Technologies Private Limited | ₹3.66 Lakh (FY 2023) | 71.0% | Kolkata, West Bengal, India | |||
| Eqlizer Softech Private Limited | ₹3.64 Lakh (FY 2019) | 32.0% | Mumbai, Maharashtra, India | |||
| Hyginos Technologies Private Limited | ₹3.64 Lakh (FY 2022) | Yanam, Puducherry, India | ||||
| Avokis Technology Private Limitedthis company | ₹3.62 Lakh (FY 2023) | ₹13,049 | 3.6% | 3159.0% | 1 | Patna, Bihar, India |
To see the full peer comparison of Avokis Technology Private Limited, buy the company report.
Auditor
Avokis Technology Private Limited is audited by Anup Shashwat & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Anup Shashwat & Co. | FY 2023 | 0015189C |
Shareholding
The shareholding of Avokis Technology 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) | |||||
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| Public | |||||
| Others |
To see the full shareholding pattern of Avokis Technology Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Avokis Technology 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 Avokis Technology Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Avokis Technology Private Limited has a workforce of 1 employees on its EPFO records as of Apr 02, 2024, across 1 active EPFO establishment.
GST
Avokis Technology has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 10AAMCA9227A1Z6 | Bihar | Active | 05 Sep 2017 |
To see the full GST registrations and return filing status of Avokis Technology Private Limited, buy the company report.
Recent activity
Avokis Technology Private Limited has 4 board changes on record since 2014: 2 appointments and 2 cessations. The latest: Kashfi Aftab ceased to be Director on 16 Jun 2021.
Frequently asked questions
Avokis Technology is an active private limited company based in Patna, Bihar, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 10 September 2014 (12+ years old) and is registered under CIN U72300BR2014PTC022873.
Avokis Technology has 2 current directors:
- Shaiba Naz - Director
- Waqar Afzal - Director
The latest financial statements of Avokis Technology on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from 2015 are in the company report.
The GSTIN of Avokis Technology is 10AAMCA9227A1Z6, registered in Bihar.
The CIN (Corporate Identification Number) of Avokis Technology is U72300BR2014PTC022873. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Avokis Technology was incorporated on 10 September 2014, making it 12+ years old. It is registered with the Registrar of Companies, Patna.
The peers of Avokis Technology by revenue are DS Technologies Private Limited, Eqlizer Softech Private Limited, Hyginos Technologies Private Limited, all in the Information Technology industry (Application Development), with the same principal business activity (other information & communication service activities).
Kashfi Aftab ceased to be Director on 16 Jun 2021. Shaiba Naz was appointed as Director on 16 Jun 2021. Asif Shakil ceased to be Director on 22 Aug 2016. Avokis Technology has 4 board changes on record in total.
Avokis Technology can be reached through the website avokis.com. Its registered office is in Patna, Bihar, India.
The registered office of Avokis Technology is at Mahatawna Behind M.S.M. Imrat Sharia Hospital Phulwarisharif, Patna, Bihar, India – 801505.
Avokis Technology operates in the information technology industry, in the application development and software solutions segment.