MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-KR-03-0062470
Avaali Solutions Private Limited - information technology in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹35.01 Cr
▲ 15% YoY
Net profit · FY 2024
₹7.25 Cr
Net margin 20.7%
EBITDA · FY 2024
₹7.95 Cr
EBITDA margin 22.7%
Authorised capital
₹25 Lakh
Registered with MCA
Paid-up capital
₹24.4 Lakh
Issued & subscribed
Open charges
₹18.16 Cr
Secured borrowings
Company age
14 yrs
Est. 2012
Employees · EPFO
253
Provident fund records
About Avaali Solutions Private Limited
Data last updated:
Avaali Solutions Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 23 July 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72900KA2012PTC064953. Its GSTIN is 29AALCA0915C1ZZ (Karnataka).
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹24.4 Lakh. It is led by directors including Srividya Kannan (Managing Director) and Jay Keller Juerg.
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 201 Sahana Nilaya Apts 1st B Main Chandra Reddy Layout St Bed 4 Block Koramangala, Bangalore, Karnataka, India – 560047.
As per the financials filed for FY 2024, the company reported a revenue of ₹35.01 Cr, a growth of 15% compared to the previous year. For the same year it recorded a net profit of ₹7.25 Cr (net margin 20.7%) and EBITDA of ₹7.95 Cr (EBITDA margin 22.7%). Revenue has grown at a compounded annual rate (CAGR) of 36% over three years and 30% over five years.
The company has about 253 employees on its provident fund (EPFO) records.
The company is associated with 2 brands: Avaali and Velocious. As per MCA filings, the company has open charges of ₹18.16 Cr on record. The company has 3 deals on record (2 rights issues, 1 secondary share transfer); the latest was in March 2018. The company has 2 MSME Form 1 returns on record between 2019 and 2021, listing 6 overdue payments to 1 micro and small supplier.
Avaali Solutions Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0062470). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website avaali.com.
Company details
CIN U72900KA2012PTC064953
Registration Number 064953
Incorporation Date 23 July 2012
ROC Bangalore
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 Small
Udyam Registration UDYAM-KR-03-0062470
Recognitions & Rankings of Avaali Solutions
Contact details
Avaali Solutions Private Limited's registered office is in Bangalore, Karnataka. Its website is avaali.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address201 Sahana Nilaya Apts 1st B Main Chandra Reddy Layout St Bed 4 Block Koramangala, Bangalore, Karnataka, India – 560047
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of Avaali Solutions Private Limited, buy the company report.
Comprehensive company report
Avaali 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
Avaali Solutions operates two associated brands: Avaali and Velocious. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Digital solutions provider for cost optimization and process automation in enterprises. | avaali.com | |
| Velocious is recognized for providing procurement and supplier management solutions. | velocious.ai |
Business activity
The main business activity of Avaali Solutions 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 Avaali Solutions Private Limited, buy the company report.
Financials of Avaali Solutions Private Limited
FY 2024 filings availableAvaali Solutions Private Limited reported revenue of ₹35.01 Cr (up 15% YoY) for FY 2024.
Revenue · FY 2024
₹35.01 Cr ▲ 15%
Net profit · FY 2024
₹7.25 Cr margin 20.7%
EBITDA · FY 2024
₹7.95 Cr margin 22.7%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 15%
3 years · compounded
▲ 36%
5 years · compounded
▲ 30%
EBITDA CAGR growth
1 year
▲ 15%
3 years · compounded
▲ 46%
5 years · compounded
▲ 47%
Revenue has grown at a compounded annual rate (CAGR) of 30% over five years, including 15% growth in the latest year. EBITDA rose 15% 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹35.01 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹7.95 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹7.25 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
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| Fixed Assets | |||||
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| Inventories | |||||
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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 | 22.7% | ||||
| Net Profit Margin | 20.7% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
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To see the full financial statements and ratios of Avaali Solutions Private Limited, buy the company report.
Board of directors of Avaali Solutions Private Limited
Avaali Solutions has 4 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jay Keller Juerg | Director | 13 Dec 2014 | 11 Years 10 Months | Current |
| Pratima Ram Also directs: Minda Corporation Limited, Manappuram Home Finance Limited, Manappuram Home Finance Limited and 2 more | Director | 14 May 2019 | 7 Years 5 Months | Current |
| Kannan Ramaswamy Sheshadri | Director | 23 Jul 2012 | 14 Years 3 Months | Current |
| Srividya Kannan | Managing Director | 23 Jul 2012 | 14 Years 3 Months | Current |
Auditor
Avaali Solutions Private Limited is audited by GANESH KUMAR B N & CO for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| GANESH KUMAR B N & CO | FY 2024 | 012619S |
Shareholding
The shareholding of Avaali Solutions Private Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Avaali Solutions Private Limited, buy the company report.
Charges & borrowings
Open charges
₹18.16 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 Oct 2025 | 101184589 | Axis Bank Limited | ₹12 Cr | Open | |
| 28 May 2024 | 100956699 | Axis Bank Limited | ₹34.93 Lakh | Open | |
| 05 Apr 2017 | 100098954 | Hdfc Bank Limited | ₹5.81 Cr | Open |
To see the full charge records of Avaali Solutions Private Limited, buy the company report.
Total charge records: 3 View all charges
Deals & funding
Avaali Solutions Private Limited has 3 deals on record (2 rights issues, 1 secondary share transfer); the latest was in March 2018.
Total deals
3
Rights issues
2
Secondary share transfer
1
Deals on record (3 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2018 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Sep 2017 | Rights issue | ₹15 Lakh | Investors: an individual |
| Dec 2015 | Rights issue | ₹6 Lakh | Investors: 2 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Avaali 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
Avaali Solutions Private Limited has 2 MSME Form 1 returns on record between 2019 and 2021, listing 6 overdue payments to 1 micro and small supplier. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (1 of 1)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Jugular Social Media Private Limited |
To see the full MSME payment records of Avaali Solutions Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Avaali Solutions Private Limited has a workforce of 253 employees on its EPFO records as of Sep 26, 2025, across 1 active EPFO establishment.
Employee count
253
Active EPFO establishments
1
Employee growth
4.12%
GST
Avaali Solutions has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AALCA0915C1ZZ | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Avaali Solutions Private Limited, buy the company report.
Recent activity
Avaali Solutions Private Limited has 6 board changes on record since 2012: 4 appointments and 2 cessations. The latest: Pratima Ram was appointed as Director on 14 May 2019.
Charges
A charge with Axis Bank Limited amounted to Rs. 1,200.00 Lakh with Charge ID 101184589 was registered on 27 Oct 2025.
AGM
Avaali Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Charges
A charge with Axis Bank Limited amounted to Rs. 34.93 Lakh with Charge ID 100956699 was registered on 28 May 2024.
Filing
Avaali Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
Charges
A charge with Hdfc Bank Limited of Rs. 581.49 Lakh registered on 05 Apr 2017 with Charge ID 100098954 was modified on 26 Feb 2024.
Appointed
Pratima Ram was appointed as Director.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 581.49 Lakh with Charge ID 100098954 was registered on 05 Apr 2017.
Ceased
Jay Keller Juerg ceased to be Additional Director.
Appointed
Jay Keller Juerg was appointed as Director.
Ceased
Srividya Kannan ceased to be Director.
Appointed
Kannan Ramaswamy Sheshadri was appointed as Director.
Appointed
Srividya Kannan was appointed as Managing Director.
1 earlier event is in the company report.
News
Frequently asked questions
Avaali Solutions is an active private limited company based in Bangalore, Karnataka, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 23 July 2012 (14+ years old) and is registered under CIN U72900KA2012PTC064953.
Avaali Solutions has 4 current directors:
- Srividya Kannan - Managing Director
- Jay Keller Juerg - Director
- Pratima Ram - Director
- Kannan Ramaswamy Sheshadri - Director
The latest financial statements of Avaali 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 Avaali Solutions is 29AALCA0915C1ZZ, registered in Karnataka.
The CIN (Corporate Identification Number) of Avaali Solutions is U72900KA2012PTC064953. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Avaali Solutions was incorporated on 23 July 2012, making it 14+ years old. It is registered with the Registrar of Companies, Bangalore.
Avaali Solutions has 3 deals on record (2 rights issues, 1 secondary share transfer); the latest was in March 2018.
Pratima Ram was appointed as Director on 14 May 2019. Jay Keller Juerg ceased to be Additional Director on 30 Sep 2016. Jay Keller Juerg was appointed as Director on 13 Dec 2014. Avaali Solutions has 6 board changes on record in total.
Yes, Avaali Solutions is registered as a small enterprise under Udyam registration (number: UDYAM-KR-03-0062470).
Avaali Solutions has 2 MSME Form 1 returns on record between 2019 and 2021, listing 6 overdue payments to 1 micro and small supplier. The latest return was filed on 27 Apr 2021.
Avaali Solutions can be reached through the website avaali.com. Its registered office is in Bangalore, Karnataka, India.