Avrut IT Private Limited
About Avrut IT Private Limited
Data last updated:
Avrut IT Private Limited was a private limited company based in Ahmedabad, Gujarat, 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 IT consulting and support services segment of the technology and IT services sector. It was incorporated on 21 March 2013.
The company was registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U72900GJ2013PTC074104. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was led by directors Jagrut Ramanlal Patel (Managing Director) and Maheshkumar Kantilal Bhavsar.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office was at Vitan House Beside Sadbhav 252 Opp. Rangkunj Soc Stadium Road Naranpura, Ahmedabad, Gujarat, India – 380013.
As per the financials filed for FY 2019, the company reported a revenue of ₹19.5 Lakh, a growth of 20% compared to the previous year. For the same year it recorded a net profit of ₹16.82 Lakh (net margin 86.2%) and EBITDA of ₹16.83 Lakh (EBITDA margin 86.3%). Revenue has grown at a compounded annual rate (CAGR) of 130% over three years and 4% over five years.
Company details
Contact details
Avrut IT Private Limited's registered office is in Ahmedabad, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressVitan House Beside Sadbhav 252 Opp. Rangkunj Soc Stadium Road Naranpura, Ahmedabad, Gujarat, India – 380013
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of Avrut IT 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
Financials of Avrut IT Private Limited
FY 2022 filings availableAvrut IT Private Limited reported revenue of ₹19.5 Lakh (up 20% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 4% over five years, including 20% growth 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 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹19.5 Lakh | ||||
| Other Income | |||||
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| EBITDA | ₹16.83 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹16.82 Lakh | ||||
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Financial Ratios
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 86.3% | ||||
| Net Profit Margin | 86.2% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
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To see the full financial statements and ratios of Avrut IT Private Limited, buy the company report.
Board of directors of Avrut IT Private Limited
Avrut IT has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Maheshkumar Kantilal Bhavsar Also directs: Redbracket Digital Private Limited | Director | 21 Mar 2013 | 13 Years 7 Months | As last reported |
| Jagrut Ramanlal Patel Also directs: Redbracket Digital Private Limited, Jagrut & Partners LLP | Managing Director | 21 Mar 2013 | 13 Years 7 Months | As last reported |
Auditor
Avrut IT Private Limited is audited by RAVI KARIYA & CO for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RAVI KARIYA & CO | FY 2019 | 129645W |
Shareholding
The shareholding of Avrut IT Private Limited is on record for 3 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Avrut IT Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Avrut IT 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 Avrut IT Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Avrut IT has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Avrut IT Private Limited, buy the company report.
Recent activity
Avrut IT Private Limited has 5 board changes on record since 2013: 2 appointments and 3 cessations. The latest: Avinash Vasantrao Mane Rahimatpurkar ceased to be Director on 23 Mar 2014.
Frequently asked questions
Avrut IT 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.
Avrut IT was a private limited company based in Ahmedabad, Gujarat, India. The company worked in IT consulting and support services, within the information technology industry. It was incorporated on 21 March 2013 and is registered under CIN U72900GJ2013PTC074104. The company has been struck off by the Registrar of Companies and is no longer operational.
Avrut IT had 2 directors:
- Jagrut Ramanlal Patel - Managing Director
- Maheshkumar Kantilal Bhavsar - Director
The CIN (Corporate Identification Number) of Avrut IT is U72900GJ2013PTC074104. 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 Avrut IT is at Vitan House Beside Sadbhav 252 Opp. Rangkunj Soc Stadium Road Naranpura, Ahmedabad, Gujarat, India – 380013.
Avrut IT was incorporated on 21 March 2013. It is registered with the Registrar of Companies, Ahmedabad.
The latest financial statements of Avrut IT on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from 2015 are in the company report.
No. Avrut IT has 1 GST registration on record and it is cancelled or inactive.
Avrut IT operated in the information technology industry, in the IT consulting and support services segment. It worked in this industry before it was struck off.
Avinash Vasantrao Mane Rahimatpurkar ceased to be Director on 23 Mar 2014. Himanshu Kantilal Zalavadiya ceased to be Director on 23 Mar 2014. Kalpeshkumar Kantilal Zalavadia ceased to be Director on 23 Mar 2014. Avrut IT has 5 board changes on record in total.
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