MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-PB-20-0013540
Avaso Tech Private Limited - information technology in Mohali, Punjab, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹49.8 Cr
▲ 4% YoY
Net profit · FY 2025
₹2.84 Cr
Net margin 5.7%
EBITDA · FY 2025
₹6.08 Cr
EBITDA margin 12.2%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹1.03 Cr
Satisfied ₹19.09 Cr
Company age
11 yrs
Est. 2015
Employees · EPFO
319
Provident fund records
About Avaso Tech Private Limited
Data last updated:
Avaso Tech Private Limited is a private limited company based in Mohali, Punjab, India. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 14 March 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U72900PB2015PTC039322. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Ramesh Chand Thakur and Maninder Singh.
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 Office No B – 802 803 D Bestech Business Towers Plot No – 1 Phase – 9 Indl Area, Mohali, Punjab, India – 160062.
As per the financials filed for FY 2025, the company reported a revenue of ₹49.8 Cr, a growth of 4% compared to the previous year. For the same year it recorded a net profit of ₹2.84 Cr (net margin 5.7%) and EBITDA of ₹6.08 Cr (EBITDA margin 12.2%). Revenue has grown at a compounded annual rate (CAGR) of 41% over three years and 36% over five years.
The company has about 319 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: AVASO Technology Solutions. As per MCA filings, the company has open charges of ₹1.03 Cr and satisfied charges of ₹19.09 Cr on record.
Avaso Tech Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-PB-20-0013540). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website avasotech.com.
Company details
CIN U72900PB2015PTC039322
Registration Number 039322
Incorporation Date 14 March 2015
ROC Chandigarh
Listing Status Unlisted
Company Status Active
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-PB-20-0013540
Recognitions & Rankings of Avaso Tech
Contact details
Avaso Tech Private Limited's registered office is in Mohali, Punjab. Its website is avasotech.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressOffice No B – 802 803 D Bestech Business Towers Plot No – 1 Phase – 9 Indl Area, Mohali, Punjab, India – 160062
- IndustryInformation Technology, Application Development & Software Solutions
To see the full contact details of Avaso Tech Private Limited, buy the company report.
Comprehensive company report
Avaso Tech Private Limited - one report that includes everything
- 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
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Brands
Avaso Tech operates one associated brand: AVASO Technology Solutions. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Delivers comprehensive networking, data center, and IT management solutions for businesses. | avasotech.com |
Business activity
The main business activity of Avaso Tech is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities |
To see the full business activity and turnover split of Avaso Tech Private Limited, buy the company report.
Financials of Avaso Tech Private Limited
FY 2025 filings availableAvaso Tech Private Limited reported revenue of ₹49.8 Cr (up 4% YoY) for FY 2025.
Revenue · FY 2025
₹49.8 Cr ▲ 4%
Net profit · FY 2025
₹2.84 Cr margin 5.7%
EBITDA · FY 2025
₹6.08 Cr margin 12.2%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 4%
3 years · compounded
▲ 41%
5 years · compounded
▲ 36%
EBITDA CAGR growth
1 year
▼ 17%
3 years · compounded
▲ 32%
5 years · compounded
▲ 26%
Revenue has grown at a compounded annual rate (CAGR) of 36% over five years, including 4% growth in the latest year. EBITDA fell 17% 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹49.8 Cr | ||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹6.08 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹2.84 Cr | ||||
| 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 12.2% | ||||
| Net Profit Margin | 5.7% | ||||
| 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 | |||||
To see the full financial statements and ratios of Avaso Tech Private Limited, buy the company report.
Board of directors of Avaso Tech Private Limited
Avaso Tech has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ramesh Chand Thakur | Director | 14 Mar 2015 | 11 Years 8 Months | Current |
| Maninder Singh | Director | 08 Jul 2024 | 2 Years 4 Months | Current |
| Sumeet Kumar | Director | 30 Apr 2018 | 8 Years 6 Months | Current |
Auditor
Avaso Tech Private Limited is audited by SINGH MALIK & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SINGH MALIK & ASSOCIATES | FY 2023 | 029600N |
Shareholding
The shareholding of Avaso Tech Private Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Avaso Tech Private Limited, buy the company report.
Charges & borrowings
Open charges
₹1.03 Cr
Satisfied charges
₹19.09 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Sep 2023 | 100839748 | Others | ₹65 Lakh | Open | |
| 26 Aug 2019 | 100285160 | Others | ₹30 Lakh | Open | |
| 03 Aug 2019 | 100284446 | Others | ₹8 Lakh | Open | |
| 28 Sep 2020 | 100388103 | Others | ₹19.09 Cr | Satisfied |
To see the full charge records of Avaso Tech Private Limited, buy the company report.
Total charge records: 4 View all charges
Legal cases
No court or tribunal cases involving Avaso Tech Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Avaso Tech Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Avaso Tech Private Limited has a workforce of 319 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.
Employee count
319
Active EPFO establishments
1
Employee growth
-5.3%
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 319 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 | |
| FY 2017-18 | |
| FY 2016-17 |
To see the full employee and EPFO history of Avaso Tech Private Limited, buy the company report.
GST
Avaso Tech has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
Total GSTINs
1
Cancelled / inactive
1
To see the full GST registrations and return filing status of Avaso Tech Private Limited, buy the company report.
Recent activity
Avaso Tech Private Limited has 5 board changes on record since 2015: 3 appointments and 2 cessations. The latest: Maninder Singh was appointed as Director on 08 Jul 2024.
Charges
A charge registered on 28 Sep 2020 via Charge ID 100388103 with Others was fully satisfied on 20 May 2026.
AGM
Avaso Tech Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Avaso Tech Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Chandigarh.
Appointed
Maninder Singh was appointed as Director.
Charges
A charge with Others amounted to Rs. 65.00 Lakh with Charge ID 100839748 was registered on 30 Sep 2023.
Ceased
Sumeet Kumar ceased to be Additional Director.
Charges
A charge with Others of Rs. 1,908.76 Lakh registered on 28 Sep 2020 with Charge ID 100388103 was modified on 10 Jul 2023.
Charges
A charge with Others amounted to Rs. 1,908.76 Lakh with Charge ID 100388103 was registered on 28 Sep 2020.
Charges
A charge with Others of Rs. 30.00 Lakh registered on 26 Aug 2019 with Charge ID 100285160 was modified on 17 Jan 2020.
Charges
A charge with Others amounted to Rs. 30.00 Lakh with Charge ID 100285160 was registered on 26 Aug 2019.
Charges
A charge with Others amounted to Rs. 8.00 Lakh with Charge ID 100284446 was registered on 03 Aug 2019.
Ceased
Amit Kumar ceased to be Director.
3 earlier events are in the company report.
Frequently asked questions
Avaso Tech is an active private limited company based in Mohali, Punjab, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 14 March 2015 (11+ years old) and is registered under CIN U72900PB2015PTC039322.
Avaso Tech has 3 current directors:
- Ramesh Chand Thakur - Director
- Maninder Singh - Director
- Sumeet Kumar - Director
The latest financial statements of Avaso Tech on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
No. Avaso Tech has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Avaso Tech is U72900PB2015PTC039322. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Avaso Tech was incorporated on 14 March 2015, making it 11+ years old. It is registered with the Registrar of Companies, Chandigarh.
Maninder Singh was appointed as Director on 08 Jul 2024. Sumeet Kumar ceased to be Additional Director on 29 Sep 2023. Amit Kumar ceased to be Director on 30 Apr 2018. Avaso Tech has 5 board changes on record in total.
Yes, Avaso Tech is registered as a small enterprise under Udyam registration (number: UDYAM-PB-20-0013540).
Avaso Tech can be reached through the website avasotech.com. Its registered office is in Mohali, Punjab, India.
The registered office of Avaso Tech is at Office No B – 802 803 D Bestech Business Towers Plot No – 1 Phase – 9 Indl Area, Mohali, Punjab, India – 160062.
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