Avalondev Corporation Private Limited
About Avalondev Corporation Private Limited
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Avalondev Corporation Private Limited is a private limited company based in Hyderabad, Telangana, India. It operates in the software segment of the printing and publishing sector. It was incorporated on 17 September 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U72200TG2010PTC070478.
The company has an authorised share capital of ₹20 Lakh and a paid-up capital of ₹5.6 Lakh. It was formerly known as Macroraft Tech Private Limited. It is led by directors Tagore Jagannath Meher Prasad Malla and Venkata Ratnam Boddeda.
Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at H.No: 1 – 62/2/73/F/1 Guttalabegampet – S1 Kavuri Hills Phase – 2 Jubilee Hills (Po), Hyderabad, Telangana, India – 500033.
As per the financials filed for FY 2019, the company reported a revenue of ₹91.51 Lakh, a decline of 20% compared to the previous year. For the same year it recorded a net loss of ₹9,327 (net margin -0.1%) and EBITDA of ₹8.1 Lakh (EBITDA margin 8.9%). Revenue has declined at a compounded annual rate (CAGR) of 20% over three years and 10% over five years.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
CIN history
Avalondev Corporation has one previous CIN (Corporate Identification Number): U72200AP2010PTC070478. The current CIN is U72200TG2010PTC070478, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U72200TG2010PTC070478 | Current |
| U72200AP2010PTC070478 | Previous |
Contact details
Avalondev Corporation Private Limited's registered office is in Hyderabad, Telangana. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressH.No: 1 – 62/2/73/F/1 Guttalabegampet – S1 Kavuri Hills Phase – 2 Jubilee Hills (Po), Hyderabad, Telangana, India – 500033
- IndustryPrinting & Publishing, Software, Games, Publishing, Application Software, System Software
To see the full contact details of Avalondev Corporation Private Limited, buy the company report.
- 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
Business activity
The main business activity of Avalondev Corporation is information and communication. In detail, this covers publishing of computer operating systems, system software, application software, games, etc..
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J2 | Publishing of computer operating systems, system software, application software, games, etc. |
To see the full business activity and turnover split of Avalondev Corporation Private Limited, buy the company report.
Financials of Avalondev Corporation Private Limited
FY 2019 filings availableAvalondev Corporation Private Limited reported revenue of ₹91.51 Lakh (down 20% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 10% over five years, including a 20% fall in the latest year. EBITDA fell 32% 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 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
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| EBITDA | ₹8.1 Lakh | ||||
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| Net Profit (PAT) | -₹9,327 | ||||
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Financial Ratios
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
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| Profitability | |||||
| EBITDA Margin | 8.9% | ||||
| Net Profit Margin | -0.1% | ||||
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To see the full financial statements and ratios of Avalondev Corporation Private Limited, buy the company report.
Board of directors of Avalondev Corporation Private Limited
Avalondev Corporation has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Tagore Jagannath Meher Prasad Malla Also directs: Hirebay Software Private Limited | Director | 17 Sep 2010 | 16 Years 1 Months | Current |
| Venkata Ratnam Boddeda Also directs: Hirebay Software Private Limited | Director | 24 Aug 2012 | 14 Years 2 Months | Current |
Peer comparison
Avalondev Corporation Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (publishing of computer operating systems, system software, application software, games, etc.), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Anantadrishti Technologies Private Limited | ₹91.95 Lakh (FY 2024) | 173.0% | Ballia, Uttar Pradesh, India | |||
| Bluvel Tech Private Limited | ₹91.88 Lakh (FY 2025) | 26.0% | Hyderabad, Telangana, India | |||
| Abura Technologies Private Limited | ₹91.76 Lakh (FY 2015) | 102.0% | Chennai, Tamil Nadu, India | |||
| Vibencode Private Limited | ₹91.73 Lakh (FY 2025) | 40.0% | Sagar, Madhya Pradesh, India | |||
| Kudos India Private Limited | ₹91.55 Lakh (FY 2023) | 335.0% | Mumbai, Maharashtra, India | |||
| Avalondev Corporation Private Limitedthis company | ₹91.51 Lakh (FY 2019) | -₹9,327 | -0.1% | -20.0% | Hyderabad, Telangana, India | |
| Zinxsoft Private Limited | ₹91.48 Lakh (FY 2025) | -8.0% | Ghaziabad, Uttar Pradesh, India | |||
| Emisha Systems Private Limited | ₹91.44 Lakh (FY 2025) | -4.0% | Hyderabad, Telangana, India | |||
| Datameter Technologies Private Limited | ₹91.41 Lakh (FY 2025) | -5.0% | New Delhi, Delhi, India | |||
| Axionic Software Private Limited | ₹91.29 Lakh (FY 2024) | 2314.0% | Yamuna Nagar, Haryana, India | |||
| Rhea Knowledge Technologies Private Limited | ₹91.26 Lakh (FY 2021) | 18.0% | Bangalore, Karnataka, India |
To see the full peer comparison of Avalondev Corporation Private Limited, buy the company report.
Auditor
Avalondev Corporation Private Limited is audited by RAO & RAO for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RAO & RAO | FY 2017 | 003100S |
Shareholding
The shareholding of Avalondev Corporation Private Limited is on record for 3 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Avalondev Corporation Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Avalondev Corporation 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
No delayed payments to MSME suppliers are on our record for Avalondev Corporation Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Avalondev Corporation Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Avalondev Corporation Private Limited has 4 board changes on record since 2010: 2 appointments and 2 cessations. The latest: Venkata Ratnam Boddeda ceased to be Additional Director on 27 Aug 2012.
Frequently asked questions
Avalondev Corporation is an active private limited company based in Hyderabad, Telangana, India. The company works in software, within the printing and publishing industry. It was incorporated on 17 September 2010 (16+ years old) and is registered under CIN U72200TG2010PTC070478.
Avalondev Corporation has 2 current directors:
- Tagore Jagannath Meher Prasad Malla - Director
- Venkata Ratnam Boddeda - Director
The latest financial statements of Avalondev Corporation on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 30 September 2019. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Avalondev Corporation is U72200TG2010PTC070478. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Avalondev Corporation was incorporated on 17 September 2010, making it 16+ years old. It is registered with the Registrar of Companies, Hyderabad.
The peers of Avalondev Corporation by revenue are Anantadrishti Technologies Private Limited, Bluvel Tech Private Limited, Abura Technologies Private Limited, Vibencode Private Limited, Kudos India Private Limited and 5 more, all in the same principal business activity (publishing of computer operating systems, system software, application software, games, etc.).
Venkata Ratnam Boddeda ceased to be Additional Director on 27 Aug 2012. Amareswara Rao Miriyala ceased to be Director on 25 Aug 2012. Venkata Ratnam Boddeda was appointed as Director on 24 Aug 2012. Avalondev Corporation has 4 board changes on record in total.
The registered office of Avalondev Corporation is at H.No: 1 – 62273F1 Guttalabegampet – S1 Kavuri Hills Phase – 2 Jubilee Hills Po, Hyderabad, Telangana, India – 500033.
Avalondev Corporation operates in the printing and publishing industry, in the software segment.
The compliance status of Avalondev Corporation is active non-compliant as of 30 August 2026. The company is actively filing with the Registrar of Companies.
Yes. Avalondev Corporation was formerly known as Macroraft Tech Private Limited.
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