About Avante Codeworx Private Limited
Data last updated:
Avante Codeworx Private Limited is a private limited company based in Pune, Maharashtra, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 23 April 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U72200PN2013PTC147049. Its GSTIN is 27AALCA6318F1ZO (Maharashtra).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors Harish Hanumant Kulkarni and Satyajit Jindam.
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 501 Pentagon P – 3 Magarpatta City Hadapsar, Pune, Maharashtra, India – 411028.
As per the financials filed for FY 2025, the company reported a revenue of ₹31.27 Lakh, a decline of 87% compared to the previous year. For the same year it recorded a net loss of ₹68.82 Lakh (net margin -220.1%) and EBITDA of -₹23.06 Lakh (EBITDA margin -73.7%). Revenue has declined at a compounded annual rate (CAGR) of 63% over three years and 53% over five years.
The company has about 3 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
As per MCA filings, the company has open charges of ₹1.3 Lakh on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website avantecodeworx.com.
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- TelephoneLocked
- Website
- Social MediaLocked
- Registered Address501 Pentagon P – 3 Magarpatta City Hadapsar, Pune, Maharashtra, India – 411028
- 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
Business Activity of Avante Codeworx Private Limited
The main business activity of Avante Codeworx is professional, scientific and technical activities. In detail, this covers other professional, scientific and technical activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| M | Professional, scientific and technical activities | 74 | Other professional, scientific and technical activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Avante Codeworx Private Limited FY 2025 filings available
Avante Codeworx Private Limited reported revenue of ₹31.27 Lakh (down 87% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Avante Codeworx Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 53% over five years, including a 87% 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 of Avante Codeworx Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 | -₹23.06 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹68.82 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 of Avante Codeworx Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -73.7% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -220.1% | •••• | •••• | •••• | •••• |
| 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 Avante Codeworx 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 Avante Codeworx Private Limited
Avante Codeworx has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Harish Hanumant Kulkarni | Director | 26 Jul 2017 | 9 Years 2 Months | Current |
| Satyajit Jindam Also directs: G2c Online Services Limited, India IT Solutions Private Limited | Additional Director | 02 Feb 2026 | 0 Years 8 Months | Current |
Peer Comparison of Avante Codeworx Private Limited
Avante Codeworx Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Other professional, scientific and technical activities). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Clipon Websolution Private Limited | ₹31.28 Lakh (FY 2025) | •••• | •••• | -10.0% | •••• | Bangalore, Karnataka, India |
| Khatuji Logistics and Finance Pvt Ltd | ₹31.28 Lakh (FY 2025) | •••• | •••• | -95.0% | •••• | Mumbai, Maharashtra, India |
| Redelegant Technologies Private Limited | ₹31.28 Lakh (FY 2022) | •••• | •••• | 5.0% | •••• | North 24 Parganas, West Bengal, India |
| Sapphire Technologies Private Limited | ₹31.28 Lakh (FY 2025) | •••• | •••• | -66.0% | •••• | Lucknow, Uttar Pradesh, India |
| Repola Imf Private Limited | ₹31.27 Lakh (FY 2025) | •••• | •••• | 24.0% | •••• | Kaliaganj, West Bengal, India |
| Avante Codeworx Private Limited this company | ₹31.27 Lakh (FY 2025) | •••• | •••• | -87.0% | •••• | Pune, Maharashtra, India |
| Realtech Calibration Lab (OPC) Private Limited | ₹31.27 Lakh (FY 2025) | •••• | •••• | 42.0% | •••• | Delhi, India |
| Blackbull Solutions Private Limited | ₹31.26 Lakh (FY 2025) | •••• | •••• | -14.0% | •••• | New Delhi, Delhi, India |
| Himalayan Certifications Private Limited | ₹31.25 Lakh (FY 2024) | •••• | •••• | 27.0% | •••• | Panchkula, Haryana, India |
| Baava Tech Private Limited | ₹31.25 Lakh (FY 2025) | •••• | •••• | •••• | Karur, Tamil Nadu, India | |
| Rama Pins Private Limited | ₹31.24 Lakh (FY 2025) | •••• | •••• | -4.0% | •••• | Nagpur, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Avante Codeworx by revenue in the same principal business activity (Other professional, scientific and technical activities), 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 Avante Codeworx Private Limited
Avante Codeworx Private Limited is audited by MAHESH GURAV & CO for the financial year 2020.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| MAHESH GURAV & 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 Avante Codeworx 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 Avante Codeworx Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 22 Aug 2023 | Others | ₹1.3 Lakh | Open |
Total charge records: 1 View all charges
Employees and EPFO Compliance at Avante Codeworx Private Limited
Avante Codeworx Private Limited has a workforce of 3 employees as of Apr 03, 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.
Group Structure of Avante Codeworx Private Limited
Avante Codeworx has 1 subsidiary company. This group structure data is as of FY 2020. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares Held |
|---|---|---|
| Aryansh Industries Private Limited | U72900MH2008PTC313722 | Locked |
Showing major subsidiaries. Total: 1.
Recent Activity on Avante Codeworx Private Limited
Avante Codeworx Private Limited has 7 board changes on record since 2015: 3 appointments and 4 cessations. The latest: Satyajit Jindam was appointed as Additional Director on 02 Feb 2026.
Credit Ratings, Litigation & Regulatory Alerts for Avante Codeworx 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 Avante Codeworx 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 Avante Codeworx 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 Avante Codeworx Private Limited
Avante Codeworx has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AALCA6318F1ZO | Maharashtra | Active | 01 Jul 2017 |
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 Avante Codeworx 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 Avante Codeworx Private Limited
Avante Codeworx is an active private limited company based in Pune, Maharashtra, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 23 April 2013 (13+ years old) and is registered under CIN U72200PN2013PTC147049.
Avante Codeworx reported revenue of ₹31.27 Lakh for FY 2025 (down 87% YoY).
Avante Codeworx has 2 current directors:
- Harish Hanumant Kulkarni - Director
- Satyajit Jindam - Additional Director
Avante Codeworx reported a net loss of ₹68.82 Lakh (net margin -220.1%) and EBITDA of -₹23.06 Lakh (EBITDA margin -73.7%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Avante Codeworx is -63% over three years and -53% over five years. In the latest year (FY 2025) revenue fell 87%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Avante Codeworx is 27AALCA6318F1ZO, registered in Maharashtra.
The CIN (Corporate Identification Number) of Avante Codeworx is U72200PN2013PTC147049. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Avante Codeworx was incorporated on 23 April 2013, making it 13+ years old. It is registered with the Registrar of Companies, Pune.
The peers of Avante Codeworx by revenue are Clipon Websolution Private Limited, Khatuji Logistics and Finance Pvt Ltd, Redelegant Technologies Private Limited, Sapphire Technologies Private Limited, Repola Imf Private Limited and 5 more, all in the same principal business activity (Other professional, scientific and technical activities).
Satyajit Jindam was appointed as Additional Director on 02 Feb 2026. Harshal Bhimashankar Dubli ceased to be Director on 02 Oct 2025. Rahul Annasaheb Dhokchoule was appointed as Additional Director on 02 Oct 2025. Avante Codeworx has 7 board changes on record in total.
Avante Codeworx can be reached through the website avantecodeworx.com. Its registered office is in Pune, Maharashtra, India.