About Avaamo Technologies Private Limited
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Avaamo Technologies Private Limited is a private limited company based in Bangalore, Karnataka, India, a subsidiary of Avaamo Inc Usa. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 25 June 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74999KA2014PTC081370. Its GSTIN is 29AAMCA7213N2Z5 (Karnataka). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Salvador Ignacio La Rosa and Ranganath Venkata Mamidipudi.
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 Bangalore, Karnataka.
As per the financials filed for FY 2023, the company reported a revenue of ₹26.44 Cr, a growth of 20% compared to the previous year. For the same year it recorded a net profit of ₹3.05 Cr (net margin 11.5%) and EBITDA of ₹4.57 Cr (EBITDA margin 17.3%). Revenue has grown at a compounded annual rate (CAGR) of 23% over three years and 34% over five years.
The company has about 111 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Avaamo. The company has 1 deal on record (1 secondary share transfer); the latest was in August 2014.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website avaamo.ai.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered Address6th Floor Municipal No. 1/1 – 4 – 1 Pid No. 67 – 3 – 1/1 – 4 – 1, Sjr Primus Industrial Layout Seventh Block, Bangalore, Karnataka, India – 560095
- IndustryInformation Technology, IT Consulting & Support Services
- 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
- One PDF report, delivered after checkout
Financials of Avaamo Technologies Private Limited FY 2024 filings available
Avaamo Technologies Private Limited reported revenue of ₹26.44 Cr (up 20% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR) of Avaamo Technologies Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 34% over five years, including 20% growth in the latest year. EBITDA rose 4% 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 of Avaamo Technologies Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹26.44 Cr | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
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| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
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| EBITDA | ₹4.57 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹3.05 Cr | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
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| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
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Financial Ratios of Avaamo Technologies Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 17.3% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 11.5% | •••• | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• | •••• |
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| Quick Ratio | •••• | •••• | •••• | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
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Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Avaamo Technologies are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Auditor Details of Avaamo Technologies Private Limited
Avaamo Technologies Private Limited is audited by S.C.BOSE&Co for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| S.C.BOSE&Co | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Avaamo Technologies Private Limited
Avaamo Technologies has 4 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mallavarapu Venkata Anil Kumar | Alternate Director | 31 Mar 2022 | 4 Years 6 Months | Current |
| Salvador Ignacio La Rosa | Director | 21 Mar 2019 | 7 Years 6 Months | Current |
| Ranganath Venkata Mamidipudi Also directs: Pythian India Private Limited, Highpoints Technologies India Private Limited, GTN Industries Limited and 4 more | Director | 09 Sep 2014 | 12 Years 1 Months | Current |
| Rammohan Gopal Menon | Director | 09 Sep 2014 | 12 Years 1 Months | Current |
Ownership and Shareholding of Avaamo Technologies Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Avaamo Technologies Private Limited
Avaamo Technologies Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Deals & Funding of Avaamo Technologies Private Limited
Avaamo Technologies Private Limited has 1 deal on record (1 secondary share transfer); the latest was in August 2014.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Aug 2014 | Secondary share transfer | Undisclosed | Buyer: Avaamo Inc, an individual Seller: 2 individuals |
Full deal history
All 1 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Employees and EPFO Compliance at Avaamo Technologies Private Limited
Avaamo Technologies Private Limited has a workforce of 111 employees as of Apr 08, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
CIN History of Avaamo Technologies Private Limited
Avaamo Technologies has one previous CIN (Corporate Identification Number): U74999DL2014PTC268261. The current CIN is U74999KA2014PTC081370, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74999KA2014PTC081370 | Current |
| U74999DL2014PTC268261 | Previous |
Recent Activity on Avaamo Technologies Private Limited
Avaamo Technologies Private Limited has 6 board changes on record since 2014: 4 appointments and 2 cessations. The latest: Mallavarapu Venkata Anil Kumar was appointed as Alternate Director on 31 Mar 2022.
Credit Ratings, Litigation & Regulatory Alerts for Avaamo Technologies Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Avaamo Technologies Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Avaamo Technologies Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Avaamo Technologies Private Limited
Avaamo Technologies has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAMCA7213N2Z5 | Karnataka | Active | 30 Aug 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Avaamo Technologies Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Avaamo Technologies Private Limited
Avaamo Technologies 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 25 June 2014 (12+ years old) and is registered under CIN U74999KA2014PTC081370.
Avaamo Technologies reported revenue of ₹26.44 Cr for FY 2023 (up 20% YoY).
Avaamo Technologies has 4 current directors:
- Mallavarapu Venkata Anil Kumar - Alternate Director
- Salvador Ignacio La Rosa - Director
- Ranganath Venkata Mamidipudi - Director
- Rammohan Gopal Menon - Director
Avaamo Technologies reported a net profit of ₹3.05 Cr (net margin 11.5%) and EBITDA of ₹4.57 Cr (EBITDA margin 17.3%) for FY 2023, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Avaamo Technologies is 23% over three years and 34% over five years. In the latest year (FY 2023) revenue rose 20%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Avaamo Technologies is 29AAMCA7213N2Z5, registered in Karnataka. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Avaamo Technologies is U74999KA2014PTC081370. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Avaamo Technologies was incorporated on 25 June 2014, making it 12+ years old. It is registered with the Registrar of Companies, Bangalore.
Avaamo Technologies has 1 deal on record (1 secondary share transfer); the latest was in August 2014.
Mallavarapu Venkata Anil Kumar was appointed as Alternate Director on 31 Mar 2022. Salvador Ignacio La Rosa was appointed as Director on 21 Mar 2019. Roli Bedi ceased to be Director on 30 Sep 2014. Avaamo Technologies has 6 board changes on record in total.