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
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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
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
    **********
  • Apps
    **********

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 Metrics
  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 0.28 M
  • Company Age 22 Year, 9 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

Comprehensive Company Insights

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
Name Designation Appointment Date Status
Kalpana Anantaraman Director 06 Apr 2009 Current
Uma Anantaraman Director 09 Jun 2017 Current
Govindarajulu Manivannan Director 11 Feb 2005 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Additional Director 30 Sep 2009 Past
Pramod Abcsdd Director 06 Aug 2018 Past
Pramod Abcsdd Additional Director 29 Sep 2018 Past
Pramod Abcsdd Director 06 Apr 2009 Past

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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
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • 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%
*******
*******
*******
*******

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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.

Shareholding Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

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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
Date Lender Amount Status
21 Feb 2025 Hdfc Bank Limited ₹0.33 M Open
31 Dec 2024 City Union Bank Limited ₹12.62 Cr Open
04 Aug 2017 Hdfc Bank Limited ₹12.00 Cr Satisfied
08 Jun 2017 Hdfc Bank Limited ₹11.62 Cr Satisfied
26 Nov 2015 The Saraswat Cooperative Bank Ltd ₹5.00 M Satisfied

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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 Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
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

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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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

    A charge with Hdfc Bank Limited amounted to Rs. 0.03 Cr with Charge ID 101050453 was registered on 21 Feb 2025. was recorded as a recent event.

  • Charges

    Progress on A charge registered on 04 Aug 2017 via Charge ID 100118444 with Hdfc Bank Limited was fully satisfied on 05 Feb 2025. was documented.

  • Charges

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

  • Charges

    Progress on A charge with City Union Bank Limited amounted to Rs. 12.62 Cr with Charge ID 101052058 was registered on 31 Dec 2024. was documented.

  • Annual General Meeting

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

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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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