Avastar Private Limited
About Avastar Private Limited
Data last updated:
Avastar Private Limited is a private limited company based in Indore, Madhya Pradesh, India. It operates in the computer and IT-related services segment of the technology and IT services sector. It was incorporated on 03 March 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Gwalior, under CIN U72900MP2021PTC055157. Its GSTIN is 23AAUCA8731B1ZQ (Madhya Pradesh).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Ashok Kumar Ahirwar and Rajeshwari Ahirwar.
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 85 Bhagyashri Colony, Indore, Madhya Pradesh, India – 452010.
As per the financials filed for FY 2025, the company reported a revenue of ₹23.53 Lakh, a decline of 5% compared to the previous year. For the same year it recorded a net profit of ₹67,810 (net margin 2.9%) and EBITDA of ₹1.4 Lakh (EBITDA margin 5.9%). Revenue has grown at a compounded annual rate (CAGR) of 46% over three years.
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- Registered Address85 Bhagyashri Colony, Indore, Madhya Pradesh, India – 452010
- IndustryInformation Technology, Other Computer Related Activities
- 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
- One PDF report, delivered after checkout
Business Activity of Avastar Private Limited
The main business activity of Avastar is information and communication. In detail, this covers other information & communication service activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Avastar Private Limited FY 2025 filings available
Avastar Private Limited reported revenue of ₹23.53 Lakh (down 5% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Avastar Private Limited
Revenue fell 5% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 46%. EBITDA fell 6% 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 of Avastar Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹1.4 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹67,810 | •••• | •••• | •••• | •••• |
| 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 of Avastar Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 5.9% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 2.9% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Avastar are in the company report.
Financial statements from FY 2021
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Avastar Private Limited
Avastar Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Other information & communication service activities). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Linovatiq Technologies Private Limited | ₹23.57 Lakh (FY 2023) | •••• | •••• | -86.0% | •••• | Lucknow, Uttar Pradesh, India |
| Phicurve Solutions Private Limited | ₹23.56 Lakh (FY 2025) | •••• | •••• | -88.0% | •••• | Ghaziabad, Uttar Pradesh, India |
| Invoyz Financial Solutions Private Limited | ₹23.56 Lakh (FY 2024) | •••• | •••• | -87.0% | •••• | Bengaluru, Karnataka, India |
| Paskon (India) Private Limited | ₹23.55 Lakh (FY 2024) | •••• | •••• | -49.0% | •••• | Bangalore, Karnataka, India |
| Digital-Optim Solutions Private Limited | ₹23.55 Lakh (FY 2022) | •••• | •••• | •••• | Hyderabad, Telangana, India | |
| Avastar Private Limited this company | ₹23.53 Lakh (FY 2025) | •••• | •••• | -5.0% | •••• | Indore, Madhya Pradesh, India |
| Interface Business Consulting Private Limited | ₹23.52 Lakh (FY 2018) | •••• | •••• | -64.0% | •••• | Mumbai, Maharashtra, India |
| Zeniamobile India Private Limited | ₹23.52 Lakh (FY 2023) | •••• | •••• | •••• | Delhi, India | |
| Consulace Business Solutions Private Limited | ₹23.52 Lakh (FY 2024) | •••• | •••• | -86.0% | •••• | Bangalore, Karnataka, India |
| Tarkash Corporate Communications Private Limited | ₹23.51 Lakh (FY 2021) | •••• | •••• | 16.0% | •••• | Delhi, India |
| Mja Techno Services Private Limited | ₹23.51 Lakh (FY 2025) | •••• | •••• | 70.0% | •••• | Indore, Madhya Pradesh, India |
Peers are the five companies nearest above and the five nearest below Avastar by revenue in the same principal business activity (Other information & communication service activities), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Board of Directors of Avastar Private Limited
Avastar has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ashok Kumar Ahirwar | Director | 03 Mar 2021 | 5 Years 7 Months | Current |
| Rajeshwari Ahirwar | Director | 03 Mar 2021 | 5 Years 7 Months | Current |
Ownership and Shareholding of Avastar Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Avastar Private Limited
Avastar Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Avastar Private Limited
Avastar Private Limited has a workforce of 0 employees as of Apr 06, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Avastar Private Limited
Avastar Private Limited has 2 board changes on record since 2021: 2 appointments. The latest: Ashok Kumar Ahirwar was appointed as Director on 03 Mar 2021.
Credit Ratings, Litigation & Regulatory Alerts for Avastar Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Avastar Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Avastar Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Avastar Private Limited
Avastar has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 23AAUCA8731B1ZQ | Madhya Pradesh | Active | 20 Jul 2021 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Avastar Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Avastar Private Limited
Avastar is an active private limited company based in Indore, Madhya Pradesh, India. The company works in other computer related activities, within the information technology industry. It was incorporated on 03 March 2021 (5+ years old) and is registered under CIN U72900MP2021PTC055157.
Avastar reported revenue of ₹23.53 Lakh for FY 2025 (down 5% YoY).
Avastar has 2 current directors:
- Ashok Kumar Ahirwar - Director
- Rajeshwari Ahirwar - Director
Avastar reported a net profit of ₹67,810 (net margin 2.9%) and EBITDA of ₹1.4 Lakh (EBITDA margin 5.9%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Avastar is 46% over three years. In the latest year (FY 2025) revenue fell 5%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Avastar is 23AAUCA8731B1ZQ, registered in Madhya Pradesh.
The CIN (Corporate Identification Number) of Avastar is U72900MP2021PTC055157. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Avastar was incorporated on 03 March 2021, making it 5+ years old. It is registered with the Registrar of Companies, Gwalior.
The peers of Avastar by revenue are Linovatiq Technologies Private Limited, Phicurve Solutions Private Limited, Invoyz Financial Solutions Private Limited, Paskon (India) Private Limited, Digital-Optim Solutions Private Limited and 5 more, all in the same principal business activity (Other information & communication service activities).
Ashok Kumar Ahirwar was appointed as Director on 03 Mar 2021. Rajeshwari Ahirwar was appointed as Director on 03 Mar 2021.
The registered office of Avastar is at 85 Bhagyashri Colony, Indore, Madhya Pradesh, India – 452010.