- Category
- Micro (2024-25)
- Udyam number
- UDYAM-KR-03-0039773

About Advoltis Private Limited
Data last updated:
Advoltis Private Limited is a private limited company based in Bengaluru, Karnataka, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 05 February 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74999KA2018PTC109960. Its GSTIN is 29AAHCB6399K1ZV (Karnataka).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Bharani Ventures Private Limited. It is led by directors Hariprasad and Magadi Ramarao Manjunath.
Its last annual general meeting (AGM) was held on 27 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at No.601 Ground Floor 7 'D' Cross Balaji Layout Vajarahalli Kanakapura Road, Bengaluru, Karnataka, India – 560062.
As per the financials filed for FY 2022, the company reported a revenue of ₹2.52 Lakh, a decline of 27% compared to the previous year. For the same year it recorded a net loss of ₹66,088 (net margin -26.2%) and EBITDA of -₹46,088 (EBITDA margin -18.3%).
Advoltis Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0039773). For more details, the company can be reached via its website bharani.biz.
Company details
Recognitions & Rankings of Advoltis
Contact details
Advoltis Private Limited's registered office is in Bengaluru, Karnataka. Its website is bharani.biz. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressNo.601 Ground Floor 7 'D' Cross Balaji Layout Vajarahalli Kanakapura Road, Bengaluru, Karnataka, India – 560062
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of Advoltis 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 Advoltis Private Limited
FY 2025 filings availableAdvoltis Private Limited reported revenue of ₹2.52 Lakh (down 27% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue fell 27% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹2.52 Lakh | ||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹46,088 | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹66,088 | ||||
| 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -18.3% | ||||
| Net Profit Margin | -26.2% | ||||
| 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 Advoltis Private Limited, buy the company report.
Board of directors of Advoltis Private Limited
Advoltis has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Hariprasad | Director | 05 Feb 2018 | 8 Years 9 Months | Current |
| Magadi Ramarao Manjunath Also directs: Ramata Ventures LLP | Director | 15 Oct 2020 | 6 Years 0 Months | Current |
Legal cases
No court or tribunal cases involving Advoltis 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 Advoltis Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Advoltis has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAHCB6399K1ZV | Karnataka | Active | 24 Nov 2020 |
To see the full GST registrations and return filing status of Advoltis Private Limited, buy the company report.
Recent activity
Advoltis Private Limited has 7 board changes on record since 2018: 3 appointments and 4 cessations. The latest: Manchanahalli Shivaram Sunitha ceased to be Director on 19 Jun 2025.
Frequently asked questions
Advoltis is an active private limited company based in Bengaluru, Karnataka, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 05 February 2018 (8+ years old) and is registered under CIN U74999KA2018PTC109960.
Advoltis has 2 current directors:
- Hariprasad - Director
- Magadi Ramarao Manjunath - Director
The latest financial statements of Advoltis on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 27 September 2025. Year-wise statements from FY 2018 are in the company report.
The GSTIN of Advoltis is 29AAHCB6399K1ZV, registered in Karnataka.
The CIN (Corporate Identification Number) of Advoltis is U74999KA2018PTC109960. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Advoltis was incorporated on 05 February 2018, making it 8+ years old. It is registered with the Registrar of Companies, Bangalore.
Manchanahalli Shivaram Sunitha ceased to be Director on 19 Jun 2025. Ramesh Krishnamurthy ceased to be Director on 19 Jun 2025. Jnaneshwar Kumar ceased to be Director on 15 Feb 2021. Advoltis has 7 board changes on record in total.
Yes, Advoltis is registered as a micro enterprise under Udyam registration (number: UDYAM-KR-03-0039773).
Advoltis can be reached through the website bharani.biz. Its registered office is in Bengaluru, Karnataka, India.
The registered office of Advoltis is at No.601 Ground Floor 7 D Cross Balaji Layout Vajarahalli Kanakapura Road, Bengaluru, Karnataka, India – 560062.

