- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MH-19-0154198

Avananta Innovations Private Limited
About Avananta Innovations Private Limited
Data last updated:
Avananta Innovations Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 18 May 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74999MH2016PTC281297. Its GSTIN is 27AAOCA4585B1ZK (Maharashtra).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Advait Nagesh Alai and Nagesh Ganesh Alai.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹4.35 Cr, a decline of 10% compared to the previous year. For the same year it recorded a net profit of ₹2.25 Cr (net margin 51.7%) and EBITDA of ₹2.98 Cr (EBITDA margin 68.6%). Revenue has grown at a compounded annual rate (CAGR) of 7% over three years and 90% over five years.
The company is associated with 1 brand: Avananta.
Avananta Innovations Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0154198). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Recognitions & Rankings of Avananta Innovations
Contact details
Avananta Innovations Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered Address91 Springboard Business Hub Private Limited Plot No. D 5, Road No. 20 Marol MIDC Andheri East, Mumbai, Maharashtra, India – 400093
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of Avananta Innovations 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
Brands
Avananta Innovations operates one associated brand: Avananta. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers customized AI technologies for enterprise clients across various sectors and innovation needs. | avananta.com |
Business activity
The main business activity of Avananta Innovations is information and communication. In detail, this covers other information & communication service activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service activities |
To see the full business activity and turnover split of Avananta Innovations Private Limited, buy the company report.
Financials of Avananta Innovations Private Limited
FY 2025 filings availableAvananta Innovations Private Limited reported revenue of ₹4.35 Cr (down 10% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 10% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 90%. EBITDA rose 1% 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 | ₹2.98 Cr | ||||
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| Net Profit (PAT) | ₹2.25 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA Margin | 68.6% | ||||
| Net Profit Margin | 51.7% | ||||
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To see the full financial statements and ratios of Avananta Innovations Private Limited, buy the company report.
Board of directors of Avananta Innovations Private Limited
Avananta Innovations has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Advait Nagesh Alai | Director | 18 May 2016 | 10 Years 5 Months | Current |
| Nagesh Ganesh Alai | Director | 06 Jun 2018 | 8 Years 4 Months | Current |
| Adhiraj Nagesh Alai Also directs: Wild Dreams Properties Private Limited | Director | 18 May 2016 | 10 Years 5 Months | Current |
Shareholding
The shareholding of Avananta Innovations Private Limited is on record for FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Foreign institutional investors (FII) | |
| Public | |
| Others |
To see the full shareholding pattern of Avananta Innovations Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Avananta Innovations 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 Avananta Innovations Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Avananta Innovations has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAOCA4585B1ZK | Maharashtra | Active | 17 May 2018 |
To see the full GST registrations and return filing status of Avananta Innovations Private Limited, buy the company report.
Recent activity
Avananta Innovations Private Limited has 3 board changes on record since 2016: 3 appointments. The latest: Nagesh Ganesh Alai was appointed as Director on 06 Jun 2018.
Frequently asked questions
Avananta Innovations is an active private limited company based in Mumbai, Maharashtra, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 18 May 2016 (10+ years old) and is registered under CIN U74999MH2016PTC281297.
Avananta Innovations has 3 current directors:
- Advait Nagesh Alai - Director
- Nagesh Ganesh Alai - Director
- Adhiraj Nagesh Alai - Director
The latest financial statements of Avananta Innovations on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2017 are in the company report.
The GSTIN of Avananta Innovations is 27AAOCA4585B1ZK, registered in Maharashtra.
The CIN (Corporate Identification Number) of Avananta Innovations is U74999MH2016PTC281297. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Avananta Innovations was incorporated on 18 May 2016, making it 10+ years old. It is registered with the Registrar of Companies, Mumbai.
Nagesh Ganesh Alai was appointed as Director on 06 Jun 2018. Adhiraj Nagesh Alai was appointed as Director on 18 May 2016. Advait Nagesh Alai was appointed as Director on 18 May 2016.
Yes, Avananta Innovations is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-19-0154198).
The registered office of Avananta Innovations is at 91 Springboard Business Hub Private Limited Plot No. D 5, Road No. 20 Marol MIDC Andheri East, Mumbai, Maharashtra, India – 400093.
Avananta Innovations operates in the information technology industry, in the IT consulting and support services segment.