Avaso Tech Private Limited Company Logo

Avaso Tech Private Limited - Company Profile

It is a information technology private limited company based in Mohali, Punjab, India, established in 2015.

2015 | Mohali, Punjab, India | Active
Last Updated:

About Avaso Tech Private Limited

Avaso Tech Private Limited, a active private limited company, was established on 14 March 2015 in Mohali, Punjab, India. Engaging in application development & software solutions within the professional, scientific and technical sector, it holds CIN: U72900PB2015PTC039322. Registered under ROC Roc Chandigarh. it is unlisted. It has an authorized capital of ₹0.10 M and a paid-up capital of ₹0.10 M.

It upholds a compliant status. Employing 317 professional, Its leadership includes Ramesh Chand Thakur (Ceo), Maninder Singh (Director), Sumeet Kumar (Director). Past directors included Amit Kumar, Sumeet Kumar. It holds ₹20.12 Cr open charges and no settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at Office No B-802,803 D,Bestech Business Towers Plot No-1,Phase-9,Indl Area, Mohali, Punjab, 160062.

Company Details

  • CIN/LLPIN

    U72900PB2015PTC039322

  • Registration Number

    039322

  • Incorporation Date

    14 March 2015

  • Authorized Capital

    ₹0.10 M

  • Paid-Up Capital

    ₹0.10 M

  • ROC Code

    Roc Chandigarh

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Indicators

  • Authorised Capital ₹ 0.10 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 10 Year, 8 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 20.12 Cr
  • Revenue Growth 91.42%
  • Profit Growth 91.72%
  • Ebitda 78.31%
  • Net Worth 60.83%
  • Total Assets 30.06%
Company report

Avaso Tech Private Limited

Company Report FY 2025-2026

Explore comprehensive insights into Avaso Tech Private 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 Avaso Tech Private Limited?

Current Directors

NameDesignationAppointment DateStatus
Ramesh Chand ThakurCeo14 Mar 2015Current
Maninder SinghDirector08 Jul 2024Current
Sumeet KumarDirector30 Apr 2018Current

Past Directors

NameDesignationCessationStatus
Pramod AbcsddDirector30 Apr 2018Past
Pramod AbcsddAdditional Director29 Sep 2023Past

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Financial Performance of Avaso Tech.

Avaso Tech Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 91.42% increase. The company also saw a substantial improvement in profitability, with a 91.72% increase in profit. The company's net worth Soared by an impressive increase of 60.83%.

Avaso Tech revenue growth over time
Avaso Tech profit and loss trends over time
  • 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
91.42%
Revenue from Operations
91.94%
Total Assets
30.06%
Profit or Loss
91.72%
Net Worth
60.83%
EBITDA
78.31%

What is the Ownership and Shareholding Structure of Avaso Tech?

In 2023, Avaso Tech had a public holding of 24.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

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Charges (Loans)

Open Charges

₹201,176,000.00

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Others : 20.12 Cr

Latest Charge Details

DateLenderAmountStatus
30 Sep 2023Others₹6.50 MOpen
28 Sep 2020Others₹19.09 CrOpen
26 Aug 2019Others₹3.00 MOpen
03 Aug 2019Others₹0.80 MOpen

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How Many Employees Work at Avaso Tech?

Avaso Tech has a workforce of 317 employees as of Apr 10, 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.

Employee growth trends for Avaso Tech Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Avaso Tech, 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 Avaso Tech's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

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.

Latest Updates, News, and FAQs on Avaso Tech

Recent Activity within the Organization

  • Annual General Meeting

    Avaso Tech Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was recorded as a recent event.

  • Director Appointment

    Progress on Maninder Singh was appointed as a Director was appointed as a Director on 08 Jul 2024 & has been associated with this company since 1 year 4 months . was documented.

  • Balance Sheet

    Progress on Avaso Tech Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chandigarh. was documented.

  • Charges

    The activity A charge with Others amounted to Rs. 6.50 M with Charge ID 100839748 was registered on 30 Sep 2023. was completed.

  • Charges

    A charge with Others of Rs. 190.88 M registered on 28 Sep 2020 with Charge ID 100388103 was modified on 10 Jul 2023. was recorded as a recent event.

  • Charges

    Progress on A charge with Others amounted to Rs. 190.88 M with Charge ID 100388103 was registered on 28 Sep 2020. was documented.

Frequently Asked Questions

  • What is the CIN of Avaso Tech Private Limited?

    The CIN of Avaso Tech Private Limited is U72900PB2015PTC039322.

  • Where is Avaso Tech Private Limited headquartered?

    Avaso Tech Private Limited is headquartered at Office No B-802,803 D,Bestech Business Towers Plot No-1,Phase-9,Indl Area, Mohali, Punjab, 160062.

  • When was Avaso Tech Private Limited incorporated?

    Avaso Tech Private Limited was incorporated on 14 March 2015.

  • Who are the current directors of Avaso Tech Private Limited?

    The current directors of Avaso Tech Private Limited are

  • What is the primary industry of Avaso Tech Private Limited?

    The primary industry of Avaso Tech Private Limited is Professional, Scientific And Technical.

  • Is Avaso Tech Private Limited a listed company?

    Avaso Tech Private Limited is unlisted.

  • What is the capital structure of Avaso Tech Private Limited?

    The authorized capital of Avaso Tech Private Limited is ₹0.10 M, and the paid-up capital is ₹0.10 M.

  • What is the compliance status of Avaso Tech Private Limited?

    The compliance status of Avaso Tech Private Limited is Compliant.

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