About Avani Information Technologies Private Limited
Data last updated:
Avani Information Technologies Private Limited was a private limited company based in Bangalore, Karnataka, India, operated as a subsidiary of Thoughtfocus Information Technologies Private Limited. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 30 January 2006.
The company was registered with the Registrar of Companies (ROC), Bangalore, under CIN U72200KA2006PTC038336. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹20 Lakh and a paid-up capital of ₹1 Lakh. It was led by directors including Sujatha Hanasoge Mahadevaiah and Krishnan Shylesh.
Its last annual general meeting (AGM) was held on 20 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office was at No.12 Subramanya Arcade Tower B 4th Floor Banerghatta Road, Bangalore, Karnataka, India – 560029.
As per the financials filed for FY 2018, the company reported a revenue of ₹17,827, a growth of 56% compared to the previous year. For the same year it recorded a net loss of ₹42,185 (net margin -236.6%) and EBITDA of -₹41,363 (EBITDA margin -232%). Revenue has grown at a compounded annual rate (CAGR) of 45% over three years.
The last known website on record is avaniinfotech.com.
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- Registered AddressNo.12 Subramanya Arcade Tower B 4th Floor Banerghatta Road, Bangalore, Karnataka, India – 560029
- IndustryInformation Technology, IT Consulting & Support Services
- 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
- One PDF report, delivered after checkout
Financials of Avani Information Technologies Private Limited FY 2018 filings available
Avani Information Technologies Private Limited reported revenue of ₹17,827 (up 56% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR) of Avani Information Technologies Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 45% over three years, including 56% growth in the latest year. EBITDA fell 20% 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 of Avani Information Technologies Private Limited
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• |
| EBITDA | -₹41,363 | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹42,185 | •••• | •••• | •••• |
| Balance Sheet | ||||
| Share Capital | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• |
Financial Ratios of Avani Information Technologies Private Limited
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | -232% | •••• | •••• | •••• |
| Net Profit Margin | -236.6% | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• | •••• |
| Liquidity and Debt | ||||
| Current Ratio | •••• | •••• | •••• | •••• |
| Quick Ratio | •••• | •••• | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• | •••• | •••• |
| Efficiency and Growth | ||||
| Asset Turnover | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• |
| Payable Days | •••• | •••• | •••• | •••• |
| Inventory Days | •••• | •••• | •••• | •••• |
| Revenue Growth | •••• | •••• | •••• | •••• |
| Net Profit Growth | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Avani Information Technologies are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Board of Directors of Avani Information Technologies Private Limited
Avani Information Technologies has 4 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sujatha Hanasoge Mahadevaiah | Director | 19 Dec 2017 | 8 Years 10 Months | As last reported |
| Krishnan Shylesh | Director | 11 Mar 2013 | 13 Years 7 Months | As last reported |
| Subrahmanya Radhakrishna | Director | 30 Jan 2006 | 20 Years 8 Months | As last reported |
| Rajiv Goyal | Director | 11 Mar 2013 | 13 Years 7 Months | As last reported |
Peer Comparison of Avani Information Technologies Private Limited
Avani Information Technologies Private Limited is compared with the companies closest to it by revenue in the Information Technology industry (IT Consulting and Services). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Anmol Technomart Private Limited | ₹18,351 (FY 2025) | •••• | •••• | •••• | Ahmedabad, Gujarat, India | |
| Tulyasys Technologies Private Limited | ₹18,184 (FY 2019) | •••• | •••• | 323.0% | •••• | Thanjavur, Tamil Nadu, India |
| Modern Dot Com Private Limited | ₹18,160 (FY 2025) | •••• | •••• | -50.0% | •••• | Mohali, Punjab, India |
| Guru Nanak Info Tech Private Limited | ₹18,000 (FY 2025) | •••• | •••• | 20.0% | •••• | New Delhi, Delhi, India |
| Prodigy Infomatics Private Limited | ₹17,890 (FY 2024) | •••• | •••• | 64.0% | •••• | Kharghar, Maharashtra, India |
| Avani Information Technologies Private Limited this company | ₹17,827 (FY 2018) | •••• | •••• | 56.0% | •••• | Bangalore, Karnataka, India |
| Avyay Solutions India Private Limited | ₹17,493 (FY 2025) | •••• | •••• | -100.0% | •••• | Bangalore, Karnataka, India |
| Slogan Infotech Private Limited | ₹17,000 (FY 2025) | •••• | •••• | •••• | Nagpur, Maharashtra, India | |
| Supply Chain Management IT Services Private Limited | ₹17,000 (FY 2022) | •••• | •••• | 31.0% | •••• | Thane, Maharashtra, India |
| Innovative Embedded Systems Private Limited | ₹16,866 (FY 2018) | •••• | •••• | -99.0% | •••• | Kanpur, Uttar Pradesh, India |
| Rockfort IT Solutions Private Limited | ₹16,670 (FY 2025) | •••• | •••• | -97.0% | •••• | New Delhi, Delhi, India |
Peers are the five companies nearest above and the five nearest below Avani Information Technologies by revenue in the Information Technology industry (IT Consulting and Services), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Avani Information Technologies Private Limited
Avani Information Technologies Private Limited is audited by Vasanth & Co. for the financial year 2015.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Vasanth & Co. | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Avani Information Technologies Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Avani Information Technologies Private Limited
Avani Information Technologies Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Avani Information Technologies Private Limited
Avani Information Technologies Private Limited has a workforce of 0 employees as of Apr 01, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Avani Information Technologies Private Limited
Avani Information Technologies Private Limited has 10 board changes on record since 2006: 4 appointments and 6 cessations. The latest: Sujatha Hanasoge Mahadevaiah ceased to be Additional Director on 20 Sep 2018.
1 earlier event is listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Avani Information Technologies Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Avani Information Technologies Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Avani Information Technologies Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Avani Information Technologies Private Limited
Avani Information Technologies has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Avani Information Technologies Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Avani Information Technologies Private Limited
Avani Information Technologies has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Avani Information Technologies was a private limited company based in Bangalore, Karnataka, India. The company worked in IT consulting and support services, within the information technology industry. It was incorporated on 30 January 2006 and is registered under CIN U72200KA2006PTC038336. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Avani Information Technologies was incorporated on 30 January 2006. It is registered with the Registrar of Companies, Bangalore.
Avani Information Technologies had 4 directors:
- Sujatha Hanasoge Mahadevaiah - Director
- Krishnan Shylesh - Director
- Subrahmanya Radhakrishna - Director
- Rajiv Goyal - Director
The CIN (Corporate Identification Number) of Avani Information Technologies is U72200KA2006PTC038336. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Avani Information Technologies is at No.12 Subramanya Arcade Tower B 4th Floor Banerghatta Road, Bangalore, Karnataka, India – 560029.
Avani Information Technologies can be reached through the website avaniinfotech.com. Its registered office is in Bangalore, Karnataka, India.
Avani Information Technologies reported revenue of ₹17,827 for FY 2018 (up 56% YoY).
Avani Information Technologies has an authorised share capital of ₹20 Lakh and a paid-up capital of ₹1 Lakh.
Avani Information Technologies reported a net loss of ₹42,185 (net margin -236.6%) and EBITDA of -₹41,363 (EBITDA margin -232%) for FY 2018, as per its filed financial statements.
No. Avani Information Technologies has 1 GST registration on record and it is cancelled or inactive.