Avacend Solutions Private Limited Company Logo

Avacend Solutions Private Limited - Company Profile

It is a information technology private limited company based in Chennai, Tamil Nadu, India, established in 2003.

2003 | Chennai, Tamil Nadu, India | Active
Last Updated:

About Avacend Solutions Private Limited

Avacend Solutions Private Limited, a active private limited company, was established on 16 June 2003 in Chennai, Tamil Nadu, India. Engaging in it consulting & support services within the information and communication sector, it holds CIN: U32200TN2003PTC128092. Registered under ROC Roc Chennai. it is unlisted. It has an authorized capital of ₹1.00 Cr and a paid-up capital of ₹0.28 M.

Formerly known as Avion Systems Private Limited. It upholds a compliant status. Employing 400 professional, Its leadership includes Kalpana Anantaraman (Director), Uma Anantaraman (Director), Govindarajulu Manivannan (Director). Past directors included Kalpana Anantaraman, Kanchana Raman, Uma Anantaraman. It holds ₹12.65 Cr open charges and ₹33.48 Cr settled loans. Its latest AGM occurred on 28 November 2024, with the balance sheet filed on 31 March 2024. It is based at Module No; 605, 6Th Floor, Phase-Ii Ticel Bio Park Limited, No.5 Csir Road,, Taramani, Chennai, Tamil Nadu, 600113.

Company Details

  • CIN/LLPIN

    U32200TN2003PTC128092

  • Registration Number

    128092

  • Incorporation Date

    16 June 2003

  • Authorized Capital

    ₹1.00 Cr

  • Paid-Up Capital

    ₹0.28 M

  • ROC Code

    Roc Chennai

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 0.28 M
  • Company Age 22 Year, 6 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 12.65 Cr
  • Satisfied Charges ₹ 33.48 Cr
  • Revenue Growth -0.22%
  • Profit Growth -42.53%
  • Ebitda -7.85%
  • Net Worth 1.03%
  • Total Assets 3.14%
Company report

Avacend Solutions Private Limited

Company Report FY 2025-2026

Explore comprehensive insights into Avacend Solutions Private Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Avacend Solutions Private Limited?

Current Directors

NameDesignationAppointment DateStatus
Kalpana AnantaramanDirector06 Apr 2009Current
Uma AnantaramanDirector09 Jun 2017Current
Govindarajulu ManivannanDirector11 Feb 2005Current

Past Directors

NameDesignationCessationStatus
Pramod AbcsddAdditional Director30 Sep 2009Past
Pramod AbcsddDirector06 Aug 2018Past
Pramod AbcsddAdditional Director29 Sep 2018Past
Pramod AbcsddDirector06 Apr 2009Past

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Financial Performance of Avacend Solutions.

Avacend Solutions Private Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 0.22% decrease. The company also saw a substantial fall in profitability, with a 42.53% decrease in profit. The company's net worth moved up by a moderate rise of 1.03%.

Avacend Solutions revenue growth over time
Avacend Solutions profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
-0.22%
Revenue from Operations
-0.50%
Total Assets
3.14%
Profit or Loss
-42.53%
Net Worth
1.03%
EBITDA
-7.85%

What is the Ownership and Shareholding Structure of Avacend Solutions?

In 2023, Avacend Solutions had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

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Charges (Loans)

Open Charges

₹126,534,785.00

Satisfied Charges

₹334,841,576.00

Charges Breakdown by Lending Institutions

  • City Union Bank Limited : 12.62 Cr
  • Hdfc Bank Limited : 0.03 Cr

Latest Charge Details

DateLenderAmountStatus
21 Feb 2025Hdfc Bank Limited₹0.33 MOpen
31 Dec 2024City Union Bank Limited₹12.62 CrOpen
04 Aug 2017Hdfc Bank Limited₹12.00 CrSatisfied
08 Jun 2017Hdfc Bank Limited₹11.62 CrSatisfied
26 Nov 2015The Saraswat Cooperative Bank Ltd₹5.00 MSatisfied

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How Many Employees Work at Avacend Solutions?

Avacend Solutions has a workforce of 400 employees as of Mar 31, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee growth trends for Avacend Solutions Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Avacend Solutions, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Avacend Solutions's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

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Latest Updates, News, and FAQs on Avacend Solutions

Recent Activity within the Organization

  • Charges

    The activity 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. was completed.

  • Charges

    The activity A charge with Hdfc Bank Limited amounted to Rs. 0.03 Cr with Charge ID 101050453 was registered on 21 Feb 2025. was completed.

  • Charges

    A charge registered on 04 Aug 2017 via Charge ID 100118444 with Hdfc Bank Limited was fully satisfied on 05 Feb 2025. was recorded as a recent event.

  • Charges

    The activity A charge registered on 08 Jun 2017 via Charge ID 100118214 with Hdfc Bank Limited was fully satisfied on 05 Feb 2025. was completed.

  • Charges

    A charge with City Union Bank Limited amounted to Rs. 12.62 Cr with Charge ID 101052058 was registered on 31 Dec 2024. was recorded as a recent event.

  • Annual General Meeting

    Progress on Avacend Solutions Private Limited last Annual general meeting of members was held on 28 Nov 2024 as per latest MCA records. was documented.

Frequently Asked Questions

  • What is the CIN of Avacend Solutions Private Limited?

    The CIN of Avacend Solutions Private Limited is U32200TN2003PTC128092.

  • Where is Avacend Solutions Private Limited headquartered?

    Avacend Solutions Private Limited is headquartered at Module No; 605, 6Th Floor, Phase-Ii Ticel Bio Park Limited, No.5 Csir Road,, Taramani, Chennai, Tamil Nadu, 600113.

  • When was Avacend Solutions Private Limited incorporated?

    Avacend Solutions Private Limited was incorporated on 16 June 2003.

  • Who are the current directors of Avacend Solutions Private Limited?

    The current directors of Avacend Solutions Private Limited are

  • What is the primary industry of Avacend Solutions Private Limited?

    The primary industry of Avacend Solutions Private Limited is Information And Communication.

  • Is Avacend Solutions Private Limited a listed company?

    Avacend Solutions Private Limited is unlisted.

  • What is the capital structure of Avacend Solutions Private Limited?

    The authorized capital of Avacend Solutions Private Limited is ₹1.00 Cr, and the paid-up capital is ₹0.28 M.

  • What is the compliance status of Avacend Solutions Private Limited?

    The compliance status of Avacend Solutions Private Limited is Compliant.

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