Avanster Solutions Private Limited
About Avanster Solutions Private Limited
Data last updated:
Avanster Solutions Private Limited was a private limited company based in Chandigarh, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the application software segment of the printing and publishing sector. It was incorporated on 28 October 2016.
The company was registered with the Registrar of Companies (ROC), Chandigarh, under CIN U72900CH2016PTC041267. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was led by directors Madan Singh and Saroj Bala.
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 was at 882/1 Sector – 41A, Chandigarh, India – 160036.
As per the financials filed for FY 2019, the company reported a revenue of ₹5.01 Lakh, a decline of 13% compared to the previous year. For the same year it recorded a net loss of ₹18,485 (net margin -3.7%) and EBITDA of ₹3,640 (EBITDA margin 0.7%).
Company details
Contact details
Avanster Solutions Private Limited's registered office is in Chandigarh, Chandigarh. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address882/1 Sector – 41A, Chandigarh, India – 160036
- IndustryPrinting & Publishing, Application Software, Games, Publishing, System Software, Software
To see the full contact details of Avanster Solutions 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 Avanster Solutions 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 Avanster Solutions Private Limited, buy the company report.
Financials of Avanster Solutions Private Limited
FY 2019 filings availableAvanster Solutions Private Limited reported revenue of ₹5.01 Lakh (down 13% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue fell 13% in the latest year. EBITDA fell 89% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 |
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| EBITDA | ₹3,640 | ||
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| Net Profit (PAT) | -₹18,485 | ||
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Financial Ratios
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 |
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| Profitability | |||
| EBITDA Margin | 0.7% | ||
| Net Profit Margin | -3.7% | ||
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To see the full financial statements and ratios of Avanster Solutions Private Limited, buy the company report.
Board of directors of Avanster Solutions Private Limited
Avanster Solutions has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Madan Singh | Director | 28 Oct 2016 | 10 Years 0 Months | As last reported |
| Saroj Bala | Director | 28 Oct 2016 | 10 Years 0 Months | As last reported |
Peer comparison
Avanster Solutions 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 |
|---|---|---|---|---|---|---|
| Laurus Information Technology Private Limited | ₹5.02 Lakh (FY 2020) | 7.0% | Thane, Maharashtra, India | |||
| Activaccer Technologies Private Limited | ₹5.02 Lakh (FY 2024) | Delhi, India | ||||
| Optiweb Solutions Private Limited | ₹5.02 Lakh (FY 2023) | -34.0% | Kolkata, West Bengal, India | |||
| Smowcode Private Limited | ₹5.01 Lakh (FY 2025) | -50.0% | Mumbai, Maharashtra, India | |||
| Vishal Mobitech Private Limited | ₹5.01 Lakh (FY 2019) | -44.0% | Nagpur, Maharashtra, India | |||
| Avanster Solutions Private Limitedthis company | ₹5.01 Lakh (FY 2019) | -₹18,485 | -3.7% | -13.0% | Chandigarh, India | |
| Rudev Webtech Private Limited | ₹5.01 Lakh (FY 2021) | Ahmedabad, Gujarat, India | ||||
| Flexbit Technologies Private Limited | ₹5.01 Lakh (FY 2024) | -28.0% | Mumbai, Maharashtra, India | |||
| Annant Software Private Limited | ₹5 Lakh (FY 2025) | -23.0% | New Delhi, Delhi, India | |||
| Heartonoursleeve Private Limited | ₹5 Lakh (FY 2025) | 46.0% | Delhi, India | |||
| Little Boat Studios Private Limited | ₹5 Lakh (FY 2016) | Pune, Maharashtra, India |
To see the full peer comparison of Avanster Solutions Private Limited, buy the company report.
Auditor
Avanster Solutions Private Limited is audited by BALWINDER ASSOCIATES for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| BALWINDER ASSOCIATES | FY 2017 | 014822N |
Shareholding
The shareholding of Avanster Solutions 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 Avanster Solutions Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Avanster Solutions 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 Avanster Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Avanster Solutions has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Avanster Solutions Private Limited, buy the company report.
Recent activity
Avanster Solutions Private Limited has 2 board changes on record since 2016: 2 appointments. The latest: Madan Singh was appointed as Director on 28 Oct 2016.
Frequently asked questions
Avanster Solutions has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Avanster Solutions was a private limited company based in Chandigarh, India. The company worked in application software, within the printing and publishing industry. It was incorporated on 28 October 2016 and is registered under CIN U72900CH2016PTC041267. The company has been struck off by the Registrar of Companies and is no longer operational.
Avanster Solutions had 2 directors:
- Madan Singh - Director
- Saroj Bala - Director
The CIN (Corporate Identification Number) of Avanster Solutions is U72900CH2016PTC041267. 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 Avanster Solutions is at 8821 Sector – 41A, Chandigarh, India – 160036.
Avanster Solutions was incorporated on 28 October 2016. It is registered with the Registrar of Companies, Chandigarh.
The latest financial statements of Avanster Solutions 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 FY 2017 are in the company report.
No. Avanster Solutions has 1 GST registration on record and it is cancelled or inactive.
Avanster Solutions operated in the printing and publishing industry, in the application software segment. It worked in this industry before it was struck off.
The peers of Avanster Solutions by revenue are Laurus Information Technology Private Limited, Activaccer Technologies Private Limited, Optiweb Solutions Private Limited, Smowcode Private Limited, Vishal Mobitech Private Limited and 5 more, all in the same principal business activity (publishing of computer operating systems, system software, application software, games, etc.).
Madan Singh was appointed as Director on 28 Oct 2016. Saroj Bala was appointed as Director on 28 Oct 2016.
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