Avanti Business Machines Limited, a active public limited company, was established on 05 February 1988 in Hyderabad, Telangana, India. Engaging in industrial machinery manufacturing within the manufacturing sector, it holds CIN: U29219TG1988PLC008286. Registered under ROC Roc Hyderabad. it is unlisted. It has an authorized capital of ₹3.25 Cr and a paid-up capital of ₹1.36 Cr.
Formerly known as Avanti Business Machines P Limited. It upholds a compliant status. Employing 41 professional, Its leadership includes Geetha Krishnan Subbaiyan (Whole-Time Director), Apurba Kumar Nandi (Whole-Time Director), Subbaian Rajasekaran (Director). Past directors included Viswanathan Ramasamy, Nachiyarkoil Rasu Mudaliyar Subbaiyan, Ram Mohan Kakarla. It holds ₹1.15 Cr open charges and no settled loans. Its latest AGM occurred on 27 September 2024, with the balance sheet filed on 31 March 2024. It is based at B-86, Sanathnagar Extension, Industrial Estate Balanagar, Hyderabad, Telangana, 500018.
U29219TG1988PLC008286
008286
05 February 1988
₹3.25 Cr
₹1.36 Cr
Roc Hyderabad
Unlisted
Active
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| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Geetha Krishnan Subbaiyan | Whole-Time Director | 05 Feb 1988 | Current |
| Apurba Kumar Nandi | Whole-Time Director | 05 Feb 1988 | Current |
| Subbaian Rajasekaran | Director | 18 Nov 2021 | Current |
| Name | Designation | Cessation | Status |
|---|---|---|---|
| Pramod Abcsdd | Additional Director | 29 Sep 2018 | Past |
| Pramod Abcsdd | Director | 08 Dec 2011 | Past |
| Pramod Abcsdd | Whole-Time Director | 31 Mar 2016 | Past |
| Pramod Abcsdd | Additional Director | 30 Dec 2021 | Past |
| Pramod Abcsdd | Additional Director | 15 Jul 2025 | Past |
| Pramod Abcsdd | Additional Director | 15 Jul 2025 | Past |
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Avanti Business Machines Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 29.46% increase. The company also saw a substantial improvement in profitability, with a 119.18% increase in profit. The company's net worth moved up by a moderate rise of 4.37%.
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In 2023, Avanti Business Machines had a promoter holding of 74.23% and a public holding of 25.77%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
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₹11,500,000.00
₹0
| Date | Lender | Amount | Status |
|---|---|---|---|
| 28 Dec 2017 | City Union Bank Limited | ₹1.00 Cr | Open |
| 15 Feb 1996 | Vijaya Bank | ₹1.50 M | Open |
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Avanti Business Machines has a workforce of 41 employees as of Apr 05, 2024. 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 Avanti Business Machines, 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 Avanti Business Machines's trajectory.
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A charge with City Union Bank Limited of Rs. 1.00 Cr registered on 28 Dec 2017 with Charge ID 100151019 was modified on 14 Nov 2024. was recorded as a recent event.
Avanti Business Machines Limited last Annual general meeting of members was held on 27 Sep 2024 as per latest MCA records. was recorded as a recent event.
Avanti Business Machines Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Hyderabad. was recorded as a recent event.
Subbaian Rajasekaran was appointed as a Director was appointed as a Director on 18 Nov 2021 & has been associated with this company since 4 years 14 days . was recorded as a recent event.
The activity A charge with City Union Bank Limited amounted to Rs. 1.00 Cr with Charge ID 100151019 was registered on 28 Dec 2017. was completed.
The activity A charge with Vijaya Bank of Rs. 0.15 Cr registered on 15 Feb 1996 with Charge ID 90343078 was modified on 10 Sep 2012. was completed.
The CIN of Avanti Business Machines Limited is U29219TG1988PLC008286.
Avanti Business Machines Limited is headquartered at B-86, Sanathnagar Extension, Industrial Estate Balanagar, Hyderabad, Telangana, 500018.
Avanti Business Machines Limited was incorporated on 05 February 1988.
The current directors of Avanti Business Machines Limited are
The primary industry of Avanti Business Machines Limited is Manufacturing.
Avanti Business Machines Limited is unlisted.
The authorized capital of Avanti Business Machines Limited is ₹3.25 Cr, and the paid-up capital is ₹1.36 Cr.
The compliance status of Avanti Business Machines Limited is Compliant.
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