MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-GJ-01-0257984
Aavitech Solutions Private Limited - information technology in Ahmedabad, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹98.39 Lakh
▲ 18% YoY
Net profit · FY 2024
₹92,305
Net margin 0.9%
EBITDA · FY 2024
₹4.94 Lakh
EBITDA margin 5%
Authorised capital
₹3 Lakh
Registered with MCA
Paid-up capital
₹3 Lakh
Issued & subscribed
Company age
14 yrs
Est. 2012
Directors on board
2
As per MCA filings
Active GSTINs
1
GST registered
About Aavitech Solutions Private Limited
Data last updated:
Aavitech Solutions Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 11 September 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U72900GJ2012PTC071920. Its GSTIN is 24AAKCA9133F1ZS (Gujarat).
The company has an authorised share capital of ₹3 Lakh and a paid-up capital of ₹3 Lakh. It is led by directors Dwarkadas Talsidas Patel and Vinaykumar Dwarkadas Patel.
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 704 North Plaza Beside 4D Square Mall Visat – Gandhinagar Highway Chandkheda, Ahmedabad, Gujarat, India – 380005.
As per the financials filed for FY 2024, the company reported a revenue of ₹98.39 Lakh, a growth of 18% compared to the previous year. For the same year it recorded a net profit of ₹92,305 (net margin 0.9%) and EBITDA of ₹4.94 Lakh (EBITDA margin 5%). Revenue has grown at a compounded annual rate (CAGR) of 41% over three years and 18% over five years.
The company is associated with 2 brands: Aavitech Solutions and Rewardconverter.
Aavitech Solutions Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0257984). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website aavitechsolutions.com.
Company details
CIN U72900GJ2012PTC071920
Registration Number 071920
Incorporation Date 11 September 2012
ROC Ahmedabad
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-GJ-01-0257984
Recognitions & Rankings of Aavitech Solutions
Contact details
Aavitech Solutions Private Limited's registered office is in Ahmedabad, Gujarat. Its website is aavitechsolutions.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address704 North Plaza Beside 4D Square Mall Visat – Gandhinagar Highway Chandkheda, Ahmedabad, Gujarat, India – 380005
- IndustryInformation Technology, Application Development & Software Solutions
To see the full contact details of Aavitech Solutions Private Limited, buy the company report.
Comprehensive company report
Aavitech Solutions 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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Brands
Aavitech Solutions operates two associated brands: Aavitech Solutions and Rewardconverter. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides custom software, mobile app, and web development services to enterprises globally. | aavitechsolutions.com | |
| An app for converting Google Reward Points to cash with secure features for Indian users. | rewardconverter.com |
Business activity
The main business activity of Aavitech Solutions is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities |
To see the full business activity and turnover split of Aavitech Solutions Private Limited, buy the company report.
Financials of Aavitech Solutions Private Limited
FY 2024 filings availableAavitech Solutions Private Limited reported revenue of ₹98.39 Lakh (up 18% YoY) for FY 2024.
Revenue · FY 2024
₹98.39 Lakh ▲ 18%
Net profit · FY 2024
₹92,305 margin 0.9%
EBITDA · FY 2024
₹4.94 Lakh margin 5%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 18%
3 years · compounded
▲ 41%
5 years · compounded
▲ 18%
EBITDA CAGR growth
1 year
▼ 21%
3 years · compounded
▲ 7%
5 years · compounded
▲ 46%
Revenue has grown at a compounded annual rate (CAGR) of 18% over five years, including 18% growth in the latest year. EBITDA fell 21% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹4.94 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹92,305 | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 5% | ||||
| Net Profit Margin | 0.9% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Aavitech Solutions Private Limited, buy the company report.
Board of directors of Aavitech Solutions Private Limited
Aavitech Solutions has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Dwarkadas Talsidas Patel | Director | 11 Sep 2012 | 14 Years 1 Months | Current |
| Vinaykumar Dwarkadas Patel | Director | 11 Sep 2012 | 14 Years 1 Months | Current |
Peer comparison
Aavitech Solutions Private Limited is compared with the 4 companies closest to it by revenue in the Information Technology industry (Application Development), with the same principal business activity (computer programming, consultancy and related activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Ibcscorp India Private Limited | ₹98.68 Lakh (FY 2024) | -10.0% | Peerzadiguda, Telangana, India | |||
| Aavitech Solutions Private Limitedthis company | ₹98.39 Lakh (FY 2024) | ₹92,305 | 0.9% | 18.0% | Ahmedabad, Gujarat, India | |
| Bharath Innovation Labs Private Limited | ₹98.36 Lakh (FY 2022) | -50.0% | Hyderabad, Telangana, India | |||
| Digitgen Technologies Private Limited | ₹98.35 Lakh (FY 2024) | Bangalore, Karnataka, India | ||||
| Creatiosoft Solutions Private Limited | ₹98.31 Lakh (FY 2025) | 1.0% | Delhi, India |
To see the full peer comparison of Aavitech Solutions Private Limited, buy the company report.
Auditor
Aavitech Solutions Private Limited is audited by BIREN GONDALIYA & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| BIREN GONDALIYA & CO | FY 2023 | 0144121W |
Shareholding
The shareholding of Aavitech Solutions Private Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Aavitech Solutions Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Aavitech 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 Aavitech Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Aavitech Solutions has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAKCA9133F1ZS | Gujarat | Active | 04 May 2018 |
To see the full GST registrations and return filing status of Aavitech Solutions Private Limited, buy the company report.
Recent activity
Aavitech Solutions Private Limited has 2 board changes on record since 2012: 2 appointments. The latest: Dwarkadas Talsidas Patel was appointed as Director on 11 Sep 2012.
AGM
Aavitech Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Aavitech Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.
Appointed
Dwarkadas Talsidas Patel was appointed as Director.
Appointed
Vinaykumar Dwarkadas Patel was appointed as Director.
Incorporation
11 Sep 2012
Aavitech Solutions Private Limited was registered on 11 Sep 2012 with Roc Ahmedabad & aged 14 years 1 month as per MCA records.
Frequently asked questions
Aavitech Solutions is an active private limited company based in Ahmedabad, Gujarat, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 11 September 2012 (14+ years old) and is registered under CIN U72900GJ2012PTC071920.
Aavitech Solutions has 2 current directors:
- Dwarkadas Talsidas Patel - Director
- Vinaykumar Dwarkadas Patel - Director
The latest financial statements of Aavitech Solutions 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.
The GSTIN of Aavitech Solutions is 24AAKCA9133F1ZS, registered in Gujarat.
The CIN (Corporate Identification Number) of Aavitech Solutions is U72900GJ2012PTC071920. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Aavitech Solutions was incorporated on 11 September 2012, making it 14+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Aavitech Solutions by revenue are Ibcscorp India Private Limited, Bharath Innovation Labs Private Limited, Digitgen Technologies Private Limited, Creatiosoft Solutions Private Limited, all in the Information Technology industry (Application Development), with the same principal business activity (computer programming, consultancy and related activities).
Dwarkadas Talsidas Patel was appointed as Director on 11 Sep 2012. Vinaykumar Dwarkadas Patel was appointed as Director on 11 Sep 2012.
Yes, Aavitech Solutions is registered as a micro enterprise under Udyam registration (number: UDYAM-GJ-01-0257984).
Aavitech Solutions can be reached through the website aavitechsolutions.com. Its registered office is in Ahmedabad, Gujarat, India.
The registered office of Aavitech Solutions is at 704 North Plaza Beside 4D Square Mall Visat – Gandhinagar Highway Chandkheda, Ahmedabad, Gujarat, India – 380005.
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