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 (Cfo). 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.
L72200AP1990PLC011334
011334
30 May 1990
₹60.00 Cr
₹52.99 Cr
Roc Vijayawada
Listed (BSE: 532406)
Active
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| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Ajit Tavanappa Kalghatgi | Director | 06 Mar 2024 | Current |
| Myneni Narayana Rao | Director | 13 Feb 2016 | Current |
| Abburi Sarada | Cfo | 14 May 2014 | Current |
| Ramchander Vyasabhattu | Director | 06 May 2022 | Current |
| Abburi Sidhartha Sagar | Whole-Time Director | 01 Mar 2021 | Current |
| Mini Ipe | Additional Director | 27 Mar 2025 | Current |
| 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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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%.
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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.
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₹1,195,000,000.00
₹213,010,000.00
| 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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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.
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.
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Progress on A charge with Sbicap Trustee Company Limited amounted to Rs. 50.00 Cr with Charge ID 101136741 was registered on 25 Jul 2025. was documented.
Progress on Avantel Limited last Annual general meeting of members was held on 23 Jun 2025 as per latest MCA records. was documented.
Avantel Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Vijayawada. was recorded as a recent event.
Progress on Mini Ipe was appointed as a Additional Director was appointed as a Additional Director on 27 Mar 2025 & has been associated with this company since 8 months 4 days . was documented.
A charge with Canara Bank of Rs. 69.50 Cr registered on 26 Jul 1996 with Charge ID 90137883 was modified on 30 Oct 2024. was recorded as a recent event.
Ajit Tavanappa Kalghatgi was appointed as a Director was appointed as a Director on 06 Mar 2024 & has been associated with this company since 1 year 8 months . was recorded as a recent event.
The CIN of Avantel Limited is L72200AP1990PLC011334.
Avantel Limited is headquartered at Sy No.141,Plot No.47/P, Apiic Industrial Park, Gambheeram(V), Anandapuram (M),, Vishakhapatnam, Andhra Pradesh, 531163.
Avantel Limited was incorporated on 30 May 1990.
The current directors of Avantel Limited are
The primary industry of Avantel Limited is Information And Communication.
Avantel Limited is listed. It is listed on BSE: 532406.
The authorized capital of Avantel Limited is ₹60.00 Cr, and the paid-up capital is ₹52.99 Cr.
The compliance status of Avantel Limited is Compliant.
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