Avay Biosciences Private Limited - Company Profile

It is a information technology private limited company based in Bangalore, Karnataka, India, established in 2017.
2017 Bangalore, Karnataka, India Active
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About Avay Biosciences Private Limited

Avay Biosciences Private Limited, a active private limited company, was established on 14 June 2017 in Bangalore, Karnataka, India. Engaging in electronic components & equipment manufacturing within the professional, scientific and technical sector, it holds CIN: U22219KA2017PTC103861. Registered under ROC Roc Bangalore. it is unlisted. It has an authorized capital of ₹0.50 M and a paid-up capital of ₹0.12 M.

Formerly known as Tvasta Bio-Science Private Limited. It upholds a compliant status. Its leadership includes Ratnesh Dharamchandra Jain (Director), Parivarthan Reddy Basireddy (Director), Kornipalli Sabareesh (Director). Past directors included Ratnesh Dharamchandra Jain, Kumaresh Krishnamoorthy, Parivarthan Reddy Basireddy. It holds ₹5.00 M open charges and no settled loans. Its latest AGM occurred on 31 October 2025, with the balance sheet filed on 31 March 2025. It is based at Ikp Eden,16, Bhuvanappa Layout, Tavarekere Main Road,, Kaveri Layout, S.G. Palya,, Bangalore, Karnataka, 560029.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
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  • Social Media
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  • Apps
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Company Details

  • CIN/LLPIN

    U22219KA2017PTC103861

  • Registration Number

    103861

  • Incorporation Date

    14 June 2017

  • Authorized Capital

    ₹0.50 M

  • Paid-Up Capital

    ₹0.12 M

  • ROC Code

    Roc Bangalore

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 0.50 M
  • Paid Up Capital ₹ 0.12 M
  • Company Age 8 Year, 7 Months
  • Last Filing with ROC 31 Mar 2025
  • Open Charges ₹ 5.00 M
  • Revenue Growth **** -33.12%
  • Profit Growth **** -1626.49%
  • Ebitda **** -964.68%
  • Net Worth 20.90%
  • Total Assets **** 21.21%
Company report

Avay Biosciences Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Avay Biosciences 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 Avay Biosciences Private Limited?
Current Directors
Name Designation Appointment Date Status
Ratnesh Dharamchandra Jain Director 08 May 2021 Current
Parivarthan Reddy Basireddy Director 05 Nov 2019 Current
Kornipalli Sabareesh Director 01 Apr 2024 Current
Vettiyoor Suresh Kumar Adithya Director 14 Jun 2017 Current
Manish Ashok Amin Director 08 May 2021 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Additional Director 10 Nov 2021 Past
Pramod Abcsdd Additional Director 11 Oct 2017 Past
Pramod Abcsdd Additional Director 29 Sep 2020 Past
Pramod Abcsdd Additional Director 29 Sep 2024 Past
Pramod Abcsdd Additional Director 10 Nov 2021 Past
Pramod Abcsdd Director 05 Nov 2019 Past

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Financial Performance of Avay Biosciences.

Avay Biosciences Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 33.12% decrease. The company also saw a substantial fall in profitability, with a 1626.49% decrease in profit. The company's net worth Soared by an impressive increase of 20.9%.

Avay Biosciences revenue growth over time
Avay Biosciences profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • 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
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 -33.12%
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Revenue from Operations
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 -31.65%
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Total Assets
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 21.21%
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*******
Profit or Loss
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 -1626.49%
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Net Worth
*******
 20.90%
*******
*******
*******
*******
EBITDA
*******
 -964.68%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Avay Biosciences?

In 2023, Avay Biosciences had a public holding of 24.33%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

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Charges (Loans)
Open Charges

₹5,000,000.00

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions
  • Indian Bank : 0.50 Cr
Latest Charge Details
Date Lender Amount Status
03 Jul 2025 Indian Bank ₹5.00 M Open

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How Many Employees Work at Avay Biosciences?

Unlock and access historical data on people associated with Avay Biosciences, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Avay Biosciences, 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 Avay Biosciences's trajectory.

Rating
Graph displaying rating trends over time

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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.

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Latest Updates, News, and FAQs on Avay Biosciences
Recent Activity within the Organization
  • Annual General Meeting

    Progress on Avay Biosciences Private Limited last Annual general meeting of members was held on 31 Oct 2025 as per latest MCA records. was documented.

  • Charges

    The activity A charge with Indian Bank of Rs. 5.00 M registered on 03 Jul 2025 with Charge ID 101118242 was modified on 22 Aug 2025. was completed.

  • Charges

    Progress on A charge with Indian Bank amounted to Rs. 5.00 M with Charge ID 101118242 was registered on 03 Jul 2025. was documented.

  • Balance Sheet

    Progress on Avay Biosciences Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore. was documented.

  • Director Appointment

    Kornipalli Sabareesh was appointed as a Director was appointed as a Director on 01 Apr 2024 & has been associated with this company since 1 year 10 months . was recorded as a recent event.

  • Director Appointment

    The activity Ratnesh Dharamchandra Jain was appointed as a Director was appointed as a Director on 08 May 2021 & has been associated with this company since 4 years 9 months . was completed.

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Frequently Asked Questions
What is the CIN of Avay Biosciences Private Limited?

The CIN of Avay Biosciences Private Limited is U22219KA2017PTC103861.

Where is Avay Biosciences Private Limited headquartered?

Avay Biosciences Private Limited is headquartered at Ikp Eden,16, Bhuvanappa Layout, Tavarekere Main Road,, Kaveri Layout, S.G. Palya,, Bangalore, Karnataka, 560029.

When was Avay Biosciences Private Limited incorporated?

Avay Biosciences Private Limited was incorporated on 14 June 2017.

Who are the current directors of Avay Biosciences Private Limited?

The current directors of Avay Biosciences Private Limited are

What is the primary industry of Avay Biosciences Private Limited?

The primary industry of Avay Biosciences Private Limited is Professional, Scientific And Technical.

Is Avay Biosciences Private Limited a listed company?

Avay Biosciences Private Limited is unlisted.

What is the capital structure of Avay Biosciences Private Limited?

The authorized capital of Avay Biosciences Private Limited is ₹0.50 M, and the paid-up capital is ₹0.12 M.

What is the compliance status of Avay Biosciences Private Limited?

The compliance status of Avay Biosciences Private Limited is Compliant.

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