Avaniven Bi Solutions Private Limited

Avaniven Bi Solutions Private Limited - information technology in Solapur, Maharashtra, India. Directors, charges & compliance details.
CIN U72900PN2019PTC183247 Incorporated 02 April 2019 ROC Pune HQ Solapur, Maharashtra, India
Active Private Limited Company information technology
Data last updated
Revenue · FY 2023
₹10,461
▼ 99% YoY
Net loss · FY 2023
₹8.56 Lakh
Latest filing
EBITDA · FY 2023
-₹8.49 Lakh
Latest filing
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
7 yrs
Est. 2019
Directors on board
2
As per MCA filings
Last financials
Mar 2023
Balance sheet date

About Avaniven Bi Solutions Private Limited

Data last updated:

Avaniven Bi Solutions Private Limited is a private limited company based in Solapur, Maharashtra, India. It operates in the computer and IT-related services segment of the technology and IT services sector. It was incorporated on 02 April 2019 and has been in existence for over 7 years.

The company is registered with the Registrar of Companies (ROC), Pune, under CIN U72900PN2019PTC183247.

The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Megha Amar Bogam and Amar Narsing Bogam.

Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at C – 26/32 Vinkar Sah. Sanstha, Solapur, Maharashtra, India – 413005.

As per the financials filed for FY 2023, the company reported a revenue of ₹10,461, a decline of 99% compared to the previous year. For the same year it recorded a net loss of ₹8.56 Lakh and EBITDA of -₹8.49 Lakh. Revenue has declined at a compounded annual rate (CAGR) of 88% over three years.

Company details

CIN U72900PN2019PTC183247
Registration Number 183247
Incorporation Date 02 April 2019
ROC Pune
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2023
Date of Balance Sheet 31 March 2023

Contact details

Avaniven Bi Solutions Private Limited's registered office is in Solapur, Maharashtra.

  • Registered Address
    C – 26/32 Vinkar Sah. Sanstha, Solapur, Maharashtra, India – 413005
  • Industry
    Information Technology, Other Computer Related Activities
Comprehensive company report
Avaniven Bi Solutions Private Limited - one report that includes everything
  • 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included

Financials of Avaniven Bi Solutions Private Limited

FY 2023 filings available

Avaniven Bi Solutions Private Limited reported revenue of ₹10,461 (down 99% YoY) for FY 2023.

Revenue · FY 2023
₹10,461 ▼ 99%
Net loss · FY 2023
₹8.56 Lakh
EBITDA · FY 2023
-₹8.49 Lakh

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 99%
3 years · compounded
▼ 88%
EBITDA CAGR growth
3 years · compounded
▼ 31%

Revenue has declined at a compounded annual rate (CAGR) of 88% over three years, including a 99% fall 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

MetricsFY 2022-23FY 2021-22FY 2020-21FY 2019-20
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-₹8.49 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹8.56 Lakh
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

MetricsFY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin
Net Profit Margin
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

To see the full financial statements and ratios of Avaniven Bi Solutions Private Limited, buy the company report.

Board of directors of Avaniven Bi Solutions Private Limited

Avaniven Bi Solutions has 2 directors on record. No former directors are listed.

Current Directors
NameDesignationAppointment DateTenureStatus
Megha Amar BogamDirector02 Apr 20197 Years 6 MonthsCurrent
Amar Narsing BogamDirector02 Apr 20197 Years 6 MonthsCurrent

MSME payment delays

No delayed payments to MSME suppliers are on our record for Avaniven Bi Solutions 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 Avaniven Bi Solutions Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.

Recent activity

Avaniven Bi Solutions Private Limited has 2 board changes on record since 2019: 2 appointments. The latest: Amar Narsing Bogam was appointed as Director on 02 Apr 2019.

AGM
Avaniven Bi Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
Filing
Avaniven Bi Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Pune.
Appointed
Amar Narsing Bogam was appointed as Director.
Appointed
Megha Amar Bogam was appointed as Director.
Incorporation
02 Apr 2019
Avaniven Bi Solutions Private Limited was registered on 02 Apr 2019 with Roc Pune & aged 7 years 6 months as per MCA records.

Frequently asked questions

Avaniven Bi Solutions is an active private limited company based in Solapur, Maharashtra, India. The company works in other computer related activities, within the information technology industry. It was incorporated on 02 April 2019 (7+ years old) and is registered under CIN U72900PN2019PTC183247.

Avaniven Bi Solutions has 2 current directors:

The latest financial statements of Avaniven Bi Solutions on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from FY 2020 are in the company report.

The CIN (Corporate Identification Number) of Avaniven Bi Solutions is U72900PN2019PTC183247. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Avaniven Bi Solutions was incorporated on 02 April 2019, making it 7+ years old. It is registered with the Registrar of Companies, Pune.

Amar Narsing Bogam was appointed as Director on 02 Apr 2019. Megha Amar Bogam was appointed as Director on 02 Apr 2019.

The registered office of Avaniven Bi Solutions is at C – 2632 Vinkar Sah. Sanstha, Solapur, Maharashtra, India – 413005.

Avaniven Bi Solutions operates in the information technology industry, in the other computer related activities segment.

Avaniven Bi Solutions can be reached at its registered office: C – 2632 Vinkar Sah. Sanstha, Solapur, Maharashtra, India – 413005.

Avaniven Bi Solutions is registered under the jurisdiction of the Registrar of Companies (ROC), Pune.