Avantel Limited - Company Profile

Q: Where is Avantel Limited headquartered?

Avantel Limited is headquartered at Sy No.141,Plot No.47P, Apiic Industrial Park, GambheeramV, Anandapuram M,, Vishakhapatnam, Andhra Pradesh, 531163.

Q: Who are the current directors of Avantel Limited?

The current directors of Avantel Limited are Ajit Tavanappa Kalghatgi, Rajasekhara Reddy Dondeti, Myneni Narayana Rao, Abburi Sarada, Ramchander Vyasabhattu, Abburi Sidhartha Sagar, Mini Ipe, Harita Vasireddi, Abburi Vidyasagar.

It is a telecom public limited company based in Vishakhapatnam, Andhra Pradesh, India, established in 1990.

1990 Vishakhapatnam, Andhra Pradesh, India Active

Last Updated: December 13, 2025

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About Avantel Limited

Avantel Limited, a active public limited company, was established on 30 May 1990 in Vishakhapatnam, Andhra Pradesh, India. Engaging in telecom equipment & tech solutions within the information and communication sector, it holds CIN: L72200AP1990PLC011334. Registered under ROC Roc Vijayawada. it is listed on BSE: 532406. It has an authorized capital of ₹60.00 Cr and a paid-up capital of ₹52.99 Cr.

Formerly known as Avantel Communications Limited, Dialog Communications Private Limited. It upholds a compliant status. In 2024, it reported revenue of ₹225.22 Cr and a net worth of ₹171.41 Cr. Employing 239 professional, Its leadership includes Ajit Tavanappa Kalghatgi (Director), Myneni Narayana Rao (Director), Abburi Sarada (Nodal Officer). Past directors included Mallineni Venkat Rao, Ravindra Mamilapalli, Ajit Tavanappa Kalghatgi. It holds ₹119.50 Cr open charges and ₹21.30 Cr settled loans. Its latest AGM occurred on 23 June 2025, with the balance sheet filed on 31 March 2025. It is based at Sy No.141,Plot No.47/P, Apiic Industrial Park, Gambheeram(V), Anandapuram (M),, Vishakhapatnam, Andhra Pradesh, 531163.

Company Details

CIN/LLPIN
L72200AP1990PLC011334
Registration Number
011334
Incorporation Date
30 May 1990
Authorized Capital
₹60.00 Cr
Paid-Up Capital
₹52.99 Cr
ROC Code
Roc Vijayawada
Listing Status
Listed (BSE: 532406)
Company Status
Active

Key Metrics

Authorised Capital ₹ 60.00 Cr as on 13-12-2025
Paid Up Capital ₹ 52.99 Cr as on 13-12-2025
Company Age 35 Year, 11 Months
Last Filing with ROC 31 Mar 2025
Open Charges ₹ 119.50 Cr as on 13-12-2025
Satisfied Charges ₹ 21.30 Cr as on 13-12-2025
Revenue Growth **** 45.55% (FY 2024)
Profit Growth **** 84.62% (FY 2024)
Ebitda **** 23.42% (FY 2024)
Net Worth 53.21% (FY 2024)
Total Assets **** 44.98% (FY 2024)

Comprehensive Company Insights

Explore comprehensive insights into Avantel Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Avantel Limited?

Current Directors

Name	Designation	Appointment Date	Status
Ajit Tavanappa Kalghatgi	Director	06 Mar 2024	Current
Myneni Narayana Rao	Director	13 Feb 2016	Current
Abburi Sarada	Nodal Officer	30 Nov 2019	Current
Ramchander Vyasabhattu	Director	06 May 2022	Current
Abburi Sidhartha Sagar	Whole-Time Director	01 Mar 2021	Current
Mini Ipe	Director	27 Mar 2025	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Director	13 Oct 2011	Past
Pramod Abcsdd	Company Secretary	07 May 2019	Past
Pramod Abcsdd	Additional Director	29 May 2024	Past
Pramod Abcsdd	Company Secretary	-	Past
Pramod Abcsdd	Company Secretary	-	Past
Pramod Abcsdd	Additional Director	25 Aug 2011	Past

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Financial Performance of Avantel.

Avantel Limited, for the financial year ended 2024, experienced significant growth in revenue, with a 45.55% increase. The company also saw a substantial improvement in profitability, with a 84.62% increase in profit. The company's net worth Soared by an impressive increase of 53.21%.

Date	Amount	Transaction Name	Valuation	Lead Investors	Investors
Jul, 2021	Amount	Post-IPO - Grab	Valuation	investors	Emtek
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners
Jan, 2021	Amount	Post-IPO - Grab	Valuation	investors	Hana Financial Group , GGV Capital
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners

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Key Matrics
Balance Sheet
Profit and Loss
Cash Flow
Ratios

Metrics

(FY 2023)

YOY Growth

(FY 2022)

(FY 2021)

(FY 2020)

(FY 2019)

Total Revenue

********

45.55%

*******

Revenue from Operations

*******

45.15%

*******

Total Assets

*******

44.98%

*******

Profit or Loss

*******

84.62%

*******

Net Worth

*******

53.21%

*******

EBITDA

*******

23.42%

*******

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What is the Ownership and Shareholding Structure of Avantel?

In 2024, Avantel had a promoter holding of 40.06% and a public holding of 59.93%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)

Promoters: 92.83%
Public: 4.10%
Others: 3.07%

Shareholding Pattern over the Year

	FY (2024)	FY (2023)	FY (2022)	FY (2021)	FY (2020)
Promoters	92.83	94.62	94.55	94.55	94.55
Public	4.10	3.89	3.95	3.96	3.98
Others	3.07	1.49	1.50	1.49	1.47

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Charges (Loans)

Open Charges

₹1,195,000,000.00

Satisfied Charges

₹213,010,000.00

Charges Breakdown by Lending Institutions

Canara Bank : 69.50 Cr
Sbicap Trustee Company Limited : 50.00 Cr

Latest Charge Details

Date	Lender	Amount	Status
25 Jul 2025	Sbicap Trustee Company Limited	₹50.00 Cr	Open
26 Jul 1996	Canara Bank	₹69.50 Cr	Open
09 Jan 2023	Canara Bank	₹6.50 Cr	Satisfied
23 Sep 2015	Canara Bank	₹1.78 M	Satisfied
13 Dec 2003	Canara Bank	₹1.50 M	Satisfied

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How Many Employees Work at Avantel?

Avantel has a workforce of 239 employees as of Feb 24, 2025. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee Date	Number of Employees
2020	78,000
2021	80,500
2022	83,200
2023	86,000
2024	89,500
2025	92,000

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Deals i

Gain comprehensive insights into the Deals and Valuation data of Avantel, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Avantel's trajectory.

Rating

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Alerts

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on Avantel

Recent Activity within the Organization

Charges

A charge with Canara Bank of Rs. 69.50 Cr registered on 26 Jul 1996 with Charge ID 90137883 was modified on 27 Oct 2025. was recorded as a recent event.
27 Oct 2025
Charges

A charge with Sbicap Trustee Company Limited amounted to Rs. 50.00 Cr with Charge ID 101136741 was registered on 25 Jul 2025. was recorded as a recent event.
25 Jul 2025
Annual General Meeting

Avantel Limited last Annual general meeting of members was held on 23 Jun 2025 as per latest MCA records. was recorded as a recent event.
23 Jun 2025
Balance Sheet

Avantel Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Vijayawada. was recorded as a recent event.
31 Mar 2025
Director Appointment

Progress on Mini Ipe was appointed as a Director was appointed as a Director on 27 Mar 2025 & has been associated with this company since 1 year 1 month . was documented.
27 Mar 2025
Director Appointment

The activity Ajit Tavanappa Kalghatgi was appointed as a Director was appointed as a Director on 06 Mar 2024 & has been associated with this company since 2 years 2 months . was completed.
06 Mar 2024

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