MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-TN-02-0037123
Avacend Solutions Private Limited - information technology in Chennai, Tamil Nadu, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹65.94 Cr
▼ 15% YoY
Net profit · FY 2025
₹14.95 Lakh
Net margin 0.2%
EBITDA · FY 2025
₹2.97 Cr
EBITDA margin 4.5%
Authorised capital
₹1 Cr
Registered with MCA
Paid-up capital
₹2.78 Lakh
Issued & subscribed
Open charges
₹12.65 Cr
Satisfied ₹33.48 Cr
Company age
23 yrs
Est. 2003
Employees · EPFO
400
Provident fund records
About Avacend Solutions Private Limited
Data last updated:
Avacend Solutions Private Limited is a private limited company based in Chennai, Tamil Nadu, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 16 June 2003 and has been in existence for over 23 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U32200TN2003PTC128092. Its GSTIN is 33AAECA3188Q1Z9 (Tamil Nadu). The company holds 3 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹2.78 Lakh. It was formerly known as Avion Systems Private Limited. It is led by directors including Kalpana Anantaraman and Uma Anantaraman.
Its last annual general meeting (AGM) was held on 28 November 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at II Ticel Bio Park, Chennai, Tamil Nadu.
As per the financials filed for FY 2025, the company reported a revenue of ₹65.94 Cr, a decline of 15% compared to the previous year. For the same year it recorded a net profit of ₹14.95 Lakh (net margin 0.2%) and EBITDA of ₹2.97 Cr (EBITDA margin 4.5%). Revenue has grown at a compounded annual rate (CAGR) of 16% over three years and 12% over five years.
The company has about 400 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Avacend Solutions. As per MCA filings, the company has open charges of ₹12.65 Cr and satisfied charges of ₹33.48 Cr on record. Court records list 3 cases involving the company, including 3 filed against it; 1 case is pending.
Avacend Solutions Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-02-0037123). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website avacendsolutions.com.
Company details
CIN U32200TN2003PTC128092
Registration Number 128092
Incorporation Date 16 June 2003
ROC Chennai
Listing Status Unlisted
Company Status Active
Date of Last AGM 28 November 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-TN-02-0037123
CIN history
Avacend Solutions has one previous CIN (Corporate Identification Number): U32200MH2003PTC140918. The current CIN is U32200TN2003PTC128092, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U32200TN2003PTC128092 | Current |
| U32200MH2003PTC140918 | Previous |
Recognitions & Rankings of Avacend Solutions
Contact details
Avacend Solutions Private Limited's registered office is in Chennai, Tamil Nadu. Its website is avacendsolutions.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressModule No; 605 6th Floor Phase – II Ticel Bio Park Limited No.5 Csir Road, Taramani, Chennai, Tamil Nadu, India – 600113
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of Avacend Solutions Private Limited, buy the company report.
Comprehensive company report
Avacend 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
Avacend Solutions operates one associated brand: Avacend Solutions. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Delivers comprehensive staffing, training, and related services. | avacendsolutions.com |
Business activity
The main business activity of Avacend 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 Avacend Solutions Private Limited, buy the company report.
Financials of Avacend Solutions Private Limited
FY 2024 filings availableAvacend Solutions Private Limited reported revenue of ₹65.94 Cr (down 15% YoY) for FY 2025.
Revenue · FY 2025
₹65.94 Cr ▼ 15%
Net profit · FY 2025
₹14.95 Lakh margin 0.2%
EBITDA · FY 2025
₹2.97 Cr margin 4.5%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 15%
3 years · compounded
▼ 16%
5 years · compounded
▲ 12%
EBITDA CAGR growth
1 year
▲ 36%
3 years · compounded
▲ 10%
5 years · compounded
▲ 7%
Revenue fell 15% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 12%. EBITDA rose 36% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹2.97 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹14.95 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 4.5% | ||||
| Net Profit Margin | 0.2% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Avacend Solutions Private Limited, buy the company report.
Board of directors of Avacend Solutions Private Limited
Avacend Solutions has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kalpana Anantaraman | Director | 06 Apr 2009 | 17 Years 7 Months | Current |
| Uma Anantaraman | Director | 09 Jun 2017 | 9 Years 4 Months | Current |
| Govindarajulu Manivannan | Director | 11 Feb 2005 | 21 Years 8 Months | Current |
Auditor
Avacend Solutions Private Limited is audited by M/S DHANARAJ JAIN & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M/S DHANARAJ JAIN & CO | FY 2023 | 116381W |
Shareholding
The shareholding of Avacend Solutions Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Avacend Solutions Private Limited, buy the company report.
Charges & borrowings
Open charges
₹12.65 Cr
Satisfied charges
₹33.48 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 21 Feb 2025 | 101050453 | Hdfc Bank Limited | ₹3.35 Lakh | Open | |
| 31 Dec 2024 | 101052058 | City Union Bank Limited | ₹12.62 Cr | Open | |
| 04 Aug 2017 | 100118444 | Hdfc Bank Limited | ₹12 Cr | Satisfied | |
| 08 Jun 2017 | 100118214 | Hdfc Bank Limited | ₹11.62 Cr | Satisfied | |
| 26 Nov 2015 | 10608105 | The Saraswat Cooperative Bank Ltd | ₹50 Lakh | Satisfied |
To see the full charge records of Avacend Solutions Private Limited, buy the company report.
Total charge records: 9 View all charges
Legal cases
Avacend Solutions Private Limited has 3 court cases on record: 3 filed against it. 1 case is pending and 2 are disposed.
Total cases
3
Filed against the company
3
Pending
1
Disposed
2
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 3 | 1 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Court case (S W) | Filed against the company by Income Tax Through Selukar Dharmendra R | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (S W) | Filed against the company by Aditi Yadav Through Income Tax Dept | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (S W) | Filed against the company by an individual | Disposed |
To see the full case history of Avacend Solutions Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Avacend Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Avacend Solutions Private Limited has a workforce of 400 employees on its EPFO records as of Mar 31, 2024, across 1 active EPFO establishment.
Employee count
400
Active EPFO establishments
1
Employee growth
-46.67%
GST
Avacend Solutions has 3 GST registrations: 2 active and 1 cancelled or inactive.
Total GSTINs
3
Active
2
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAECA3188Q1Z9 | Tamil Nadu | Active | 07 Dec 2018 |
| 27AAECA3188Q2Z1 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Avacend Solutions Private Limited, buy the company report.
Recent activity
Avacend Solutions Private Limited has 7 board changes on record since 2005: 3 appointments and 4 cessations. The latest: Uma Anantaraman ceased to be Additional Director on 29 Sep 2018.
Charges
A charge with City Union Bank Limited of Rs. 12.62 Cr registered on 31 Dec 2024 with Charge ID 101052058 was modified on 01 Mar 2025.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.03 Cr with Charge ID 101050453 was registered on 21 Feb 2025.
Charges
A charge registered on 04 Aug 2017 via Charge ID 100118444 with Hdfc Bank Limited was fully satisfied on 05 Feb 2025.
Charges
A charge registered on 08 Jun 2017 via Charge ID 100118214 with Hdfc Bank Limited was fully satisfied on 05 Feb 2025.
Charges
A charge with City Union Bank Limited amounted to Rs. 12.62 Cr with Charge ID 101052058 was registered on 31 Dec 2024.
AGM
Avacend Solutions Private Limited last Annual general meeting of members was held on 28 Nov 2024 as per latest MCA records.
Filing
Avacend Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.
Charges
A charge with Hdfc Bank Limited of Rs. 12.00 Cr registered on 04 Aug 2017 with Charge ID 100118444 was modified on 29 Feb 2024.
Charges
A charge with Hdfc Bank Limited of Rs. 11.62 Cr registered on 08 Jun 2017 with Charge ID 100118214 was modified on 16 Nov 2023.
Ceased
Uma Anantaraman ceased to be Additional Director.
Ceased
Kanchana Raman ceased to be Director.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 12.00 Cr with Charge ID 100118444 was registered on 04 Aug 2017.
18 earlier events are in the company report.
Frequently asked questions
Avacend Solutions is an active private limited company based in Chennai, Tamil Nadu, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 16 June 2003 (23+ years old) and is registered under CIN U32200TN2003PTC128092.
Avacend Solutions has 3 current directors:
- Kalpana Anantaraman - Director
- Uma Anantaraman - Director
- Govindarajulu Manivannan - Director
The latest financial statements of Avacend Solutions on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 28 November 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Avacend Solutions is 33AAECA3188Q1Z9, registered in Tamil Nadu. The company has 3 GST registrations in all, of which 2 are active and 1 is cancelled or inactive. Other active GSTINs include 27AAECA3188Q2Z1 (Maharashtra).
The CIN (Corporate Identification Number) of Avacend Solutions is U32200TN2003PTC128092. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Avacend Solutions has 3 court cases on record: 3 filed against it. 1 is pending.
Avacend Solutions was incorporated on 16 June 2003, making it 23+ years old. It is registered with the Registrar of Companies, Chennai.
Uma Anantaraman ceased to be Additional Director on 29 Sep 2018. Kanchana Raman ceased to be Director on 06 Aug 2018. Uma Anantaraman was appointed as Director on 09 Jun 2017. Avacend Solutions has 7 board changes on record in total.
Yes, Avacend Solutions is registered as a medium enterprise under Udyam registration (number: UDYAM-TN-02-0037123).
Avacend Solutions can be reached through the website avacendsolutions.com. Its registered office is in Chennai, Tamil Nadu, India.
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