Avax Consulting IT Solutions and Technologies Private Limited
About Avax Consulting IT Solutions and Technologies Private Limited
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Avax Consulting IT Solutions and Technologies Private Limited is a private limited company based in Visakhapatnam, Andhra Pradesh, India. It operates in the IT services segment of the services sector. It was incorporated on 22 February 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Vijayawada, under CIN U72200AP2007PTC052913.
The company has an authorised share capital of ₹2 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Katreddi Narasimha Rao and Venkata Nanda Kishore Katireddi.
Its last annual general meeting (AGM) was held on 31 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office is at Mig 212 Vuda Colony Midhilapuri Madhuravada, Visakhapatnam, Andhra Pradesh, India – 530041.
As per the financials filed for FY 2020, the company reported a revenue of ₹13.14 Lakh. For the same year it recorded a net profit of ₹2.7 Lakh (net margin 20.5%) and EBITDA of ₹3.29 Lakh (EBITDA margin 25%).
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered AddressMig 212 Vuda Colony Midhilapuri Madhuravada, Visakhapatnam, Andhra Pradesh, India – 530041
- IndustryService, Information Technology Services
- 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 Avax Consulting IT Solutions and Technologies Private Limited
The main business activity of Avax Consulting IT Solutions and Technologies 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 Avax Consulting IT Solutions and Technologies Private Limited FY 2020 filings available
Avax Consulting IT Solutions and Technologies Private Limited reported revenue of ₹13.14 Lakh for FY 2020.
Financial Statement Summary of Avax Consulting IT Solutions and Technologies Private Limited
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹13.14 Lakh | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹3.29 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹2.7 Lakh | •••• | •••• | •••• | •••• |
| 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 Avax Consulting IT Solutions and Technologies Private Limited
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 25% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 20.5% | •••• | •••• | •••• | •••• |
| 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 Avax Consulting IT Solutions and Technologies are in the company report.
Financial statements from 2015
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 Avax Consulting IT Solutions and Technologies Private Limited
Avax Consulting IT Solutions and Technologies 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 |
|---|---|---|---|---|---|---|
| Xfinitive IT Solution Private Limited | ₹13.16 Lakh (FY 2025) | •••• | •••• | 3.0% | •••• | Haridwar, Uttarakhand, India |
| Adosp Technologies Private Limited | ₹13.15 Lakh (FY 2020) | •••• | •••• | -64.0% | •••• | Kaithal, Haryana, India |
| Agmen IT Services Private Limited | ₹13.15 Lakh (FY 2022) | •••• | •••• | •••• | Bangalore, Karnataka, India | |
| Tara Digital Entertainment (OPC) Private Limited | ₹13.15 Lakh (FY 2022) | •••• | •••• | -35.0% | •••• | Bokaro Steel, Jharkhand, India |
| Mudra Soft Technologies Private Limited | ₹13.15 Lakh (FY 2021) | •••• | •••• | 27.0% | •••• | Saligramam, Tamil Nadu, India |
| Avax Consulting IT Solutions and Technologies Private Limited this company | ₹13.14 Lakh (FY 2020) | •••• | •••• | •••• | Visakhapatnam, Andhra Pradesh, India | |
| Ravindranandradha Marketing Solutions (OPC) Private Limited | ₹13.13 Lakh (FY 2025) | •••• | •••• | 272.0% | •••• | Kodaikanal, Tamil Nadu, India |
| Goparkk Technology Private Limited | ₹13.13 Lakh (FY 2024) | •••• | •••• | •••• | Kolkata, West Bengal, India | |
| Digi24x7 Innovation Center Private Limited | ₹13.13 Lakh (FY 2024) | •••• | •••• | 4.0% | •••• | Nashik, Maharashtra, India |
| Toast Technologies Private Limited | ₹13.12 Lakh (FY 2024) | •••• | •••• | -36.0% | •••• | Chennai, Tamil Nadu, India |
| Omega Communications (Hyderabad) Private Limited | ₹13.11 Lakh (FY 2021) | •••• | •••• | -5.0% | •••• | Secunderabad, Telangana, India |
Peers are the five companies nearest above and the five nearest below Avax Consulting IT Solutions and Technologies 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 Avax Consulting IT Solutions and Technologies Private Limited
Avax Consulting IT Solutions and Technologies has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Katreddi Narasimha Rao | Director | 22 Feb 2007 | 19 Years 7 Months | Current |
| Venkata Nanda Kishore Katireddi | Director | 22 Feb 2007 | 19 Years 7 Months | Current |
| Katreddy Bala Saraswathi | Director | 01 Aug 2019 | 7 Years 2 Months | Current |
Ownership and Shareholding of Avax Consulting IT Solutions and Technologies 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 Avax Consulting IT Solutions and Technologies Private Limited
Avax Consulting IT Solutions and Technologies Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Avax Consulting IT Solutions and Technologies Private Limited
Employment history and EPFO contributions of people linked to Avax Consulting IT Solutions and Technologies.
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 Avax Consulting IT Solutions and Technologies Private Limited
Avax Consulting IT Solutions and Technologies Private Limited has 4 board changes on record since 2007: 3 appointments and 1 cessation. The latest: Katreddy Bala Saraswathi ceased to be Additional Director on 30 Sep 2019.
Credit Ratings, Litigation & Regulatory Alerts for Avax Consulting IT Solutions and Technologies 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 Avax Consulting IT Solutions and Technologies 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 Avax Consulting IT Solutions and Technologies 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 Avax Consulting IT Solutions and Technologies Private Limited
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 Avax Consulting IT Solutions and Technologies 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 Avax Consulting IT Solutions and Technologies Private Limited
Avax Consulting IT Solutions and Technologies is an active private limited company based in Visakhapatnam, Andhra Pradesh, India. The company works in information technology services, within the service industry. It was incorporated on 22 February 2007 (19+ years old) and is registered under CIN U72200AP2007PTC052913.
Avax Consulting IT Solutions and Technologies reported revenue of ₹13.14 Lakh for FY 2020.
Avax Consulting IT Solutions and Technologies has 3 current directors:
- Katreddi Narasimha Rao - Director
- Venkata Nanda Kishore Katireddi - Director
- Katreddy Bala Saraswathi - Director
Avax Consulting IT Solutions and Technologies reported a net profit of ₹2.7 Lakh (net margin 20.5%) and EBITDA of ₹3.29 Lakh (EBITDA margin 25%) for FY 2020, as per its filed financial statements.
The CIN (Corporate Identification Number) of Avax Consulting IT Solutions and Technologies is U72200AP2007PTC052913. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Avax Consulting IT Solutions and Technologies was incorporated on 22 February 2007, making it 19+ years old. It is registered with the Registrar of Companies, Vijayawada.
The peers of Avax Consulting IT Solutions and Technologies by revenue are Xfinitive IT Solution Private Limited, Adosp Technologies Private Limited, Agmen IT Services Private Limited, Tara Digital Entertainment (OPC) Private Limited, Mudra Soft Technologies Private Limited and 5 more, all in the same principal business activity (Other information & communication service activities).
Katreddy Bala Saraswathi ceased to be Additional Director on 30 Sep 2019. Katreddy Bala Saraswathi was appointed as Director on 01 Aug 2019. Katreddi Narasimha Rao was appointed as Director on 22 Feb 2007. Avax Consulting IT Solutions and Technologies has 4 board changes on record in total.
The registered office of Avax Consulting IT Solutions and Technologies is at Mig 212 Vuda Colony Midhilapuri Madhuravada, Visakhapatnam, Andhra Pradesh, India – 530041.
Avax Consulting IT Solutions and Technologies has an authorised share capital of ₹2 Lakh and a paid-up capital of ₹1 Lakh.
Avax Consulting IT Solutions and Technologies operates in the service industry, in the information technology services segment.