Startup India Government of India
Avega Innovations Private Limited
Avega Innovations Private Limited - plastics in Hyderabad, Telangana, India. FY 2026 financials & compliance.
Revenue · FY 2019
₹50,550
Latest filing
Net profit · FY 2019
₹1,550
Net margin 3.1%
EBITDA · FY 2019
₹1,550
EBITDA margin 3.1%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
10 yrs
Est. 2016
Directors on board
2
As per MCA filings
GST registrations
1
None active
About Avega Innovations Private Limited
Data last updated:
Avega Innovations Private Limited is a private limited company based in Hyderabad, Telangana, India, recognised as a startup by DPIIT. It operates in the non-metallic mineral products segment of the plastics and polymers sector. It was incorporated on 30 November 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U25199TG2016PTC113176. The company has 1 GST registration on record, which is no longer active.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 Anil Narsinga and Raghavendar Dhaduvai.
Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at H.No 7 – 8 – 279/2 Goutham Nagar Ferozguda Bowenpally, Hyderabad, Telangana, India – 500011.
As per the financials filed for FY 2019, the company reported a revenue of ₹50,550. For the same year it recorded a net profit of ₹1,550 (net margin 3.1%) and EBITDA of ₹1,550 (EBITDA margin 3.1%).
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U25199TG2016PTC113176
Registration Number 113176
Incorporation Date 30 November 2016
ROC Hyderabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2019
Date of Balance Sheet 31 March 2019
Compliance Status Active Compliant
DPIIT Recognition Recognised Startup
Recognitions & Rankings of Avega Innovations
Contact details
Avega Innovations Private Limited's registered office is in Hyderabad, Telangana. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressH.No 7 – 8 – 279/2 Goutham Nagar Ferozguda Bowenpally, Hyderabad, Telangana, India – 500011
- IndustryPlastics, Non-Metallic Mineral Products, Fabricated Metal Products, Rubber Products, Plastic Products
To see the full contact details of Avega Innovations Private Limited, buy the company report.
Comprehensive company report
Avega Innovations 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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Business activity
The main business activity of Avega Innovations is manufacturing. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C8 | Plastic products, non-metallic mineral products, rubber products, fabricated metal products |
To see the full business activity and turnover split of Avega Innovations Private Limited, buy the company report.
Financials of Avega Innovations Private Limited
FY 2019 filings availableAvega Innovations Private Limited reported revenue of ₹50,550 for FY 2019.
Revenue · FY 2019
₹50,550
Net profit · FY 2019
₹1,550 margin 3.1%
EBITDA · FY 2019
₹1,550 margin 3.1%
Financial Statement Summary
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | ₹50,550 | ||
| Other Income | |||
| Total Revenue | |||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | ₹1,550 | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | ₹1,550 | ||
| 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 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 3.1% | ||
| Net Profit Margin | 3.1% | ||
| 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 Avega Innovations Private Limited, buy the company report.
Board of directors of Avega Innovations Private Limited
Avega Innovations has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Anil Narsinga | Director | 30 Nov 2016 | 9 Years 10 Months | Current |
| Raghavendar Dhaduvai Also directs: Sri Kanaka Durga Innovations Private Limited | Director | 30 Nov 2016 | 9 Years 10 Months | Current |
Peer comparison
Avega Innovations Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Maharashtra Cellulose Private Limited | ₹53,606 (FY 2019) | -46.0% | Nagpur, Maharashtra, India | |||
| Shakthi Vaishnavee Enterprise Private Limited | ₹53,336 (FY 2022) | 202.0% | Chennai, Tamil Nadu, India | |||
| RSVP Rubber Private Limited | ₹51,893 (FY 2024) | -99.0% | Gurugram, Haryana, India | |||
| Crosslink Thermoplast Private Limited | ₹51,275 (FY 2024) | Hardwar, Uttarakhand, India | ||||
| Giri Rolls Private Limited | ₹50,585 (FY 2025) | -100.0% | Indore, Madhya Pradesh, India | |||
| Avega Innovations Private Limitedthis company | ₹50,550 (FY 2019) | ₹1,550 | 3.1% | Hyderabad, Telangana, India | ||
| Om Packsol Machine Private Limited | ₹50,000 (FY 2016) | -97.0% | Pune, Maharashtra, India | |||
| K. P. Fabricators & Engineers (Gujarat) Private Limited | ₹49,682 (FY 2020) | -99.0% | Vadodara, Gujarat, India | |||
| Preciouss Gem Surfaces Private Limited | ₹49,000 (FY 2025) | Kishangarh, Rajasthan, India | ||||
| Cut & Craft Steel Industries Private Limited | ₹48,460 (FY 2024) | -54.0% | Indore, Madhya Pradesh, India | |||
| Luxor (India) Private Limited | ₹48,000 (FY 2024) | New Delhi, Delhi, India |
To see the full peer comparison of Avega Innovations Private Limited, buy the company report.
Auditor
Avega Innovations Private Limited is audited by SHASHE KANTH & ASSOCIATES for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SHASHE KANTH & ASSOCIATES | FY 2017 | 239062 |
Shareholding
The shareholding of Avega Innovations Private Limited is on record for FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Foreign institutional investors (FII) | |
| Public | |
| Others |
To see the full shareholding pattern of Avega Innovations Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Avega Innovations 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 Avega Innovations Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Avega Innovations 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 Avega Innovations Private Limited, buy the company report.
Recent activity
Avega Innovations Private Limited has 3 board changes on record since 2016: 2 appointments and 1 cessation. The latest: Ankit Teja Yerram ceased to be Director on 26 Dec 2017.
AGM
Avega Innovations Private Limited last Annual general meeting of members was held on 30 Sep 2019 as per latest MCA records.
Filing
Avega Innovations Private Limited has filed its annual Financial statements for the year ended 31 Mar 2019 with Roc Hyderabad.
Ceased
Ankit Teja Yerram ceased to be Director.
Appointed
Anil Narsinga was appointed as Director.
Appointed
Raghavendar Dhaduvai was appointed as Director.
Incorporation
30 Nov 2016
Avega Innovations Private Limited was registered on 30 Nov 2016 with Roc Hyderabad & aged 9 years 10 months as per MCA records.
Frequently asked questions
Avega Innovations is an active private limited company based in Hyderabad, Telangana, India. The company works in non-metallic mineral products, within the plastics industry. It was incorporated on 30 November 2016 (10+ years old) and is registered under CIN U25199TG2016PTC113176.
Avega Innovations has 2 current directors:
- Anil Narsinga - Director
- Raghavendar Dhaduvai - Director
The latest financial statements of Avega Innovations on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 30 September 2019. Year-wise statements from FY 2017 are in the company report.
No. Avega Innovations has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Avega Innovations is U25199TG2016PTC113176. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Avega Innovations was incorporated on 30 November 2016, making it 10+ years old. It is registered with the Registrar of Companies, Hyderabad.
The peers of Avega Innovations by revenue are Maharashtra Cellulose Private Limited, Shakthi Vaishnavee Enterprise Private Limited, RSVP Rubber Private Limited, Crosslink Thermoplast Private Limited, Giri Rolls Private Limited and 5 more, all in the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products).
Ankit Teja Yerram ceased to be Director on 26 Dec 2017. Anil Narsinga was appointed as Director on 30 Nov 2016. Raghavendar Dhaduvai was appointed as Director on 30 Nov 2016.
Yes, Avega Innovations is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
The registered office of Avega Innovations is at H.No 7 – 8 – 2792 Goutham Nagar Ferozguda Bowenpally, Hyderabad, Telangana, India – 500011.
Avega Innovations operates in the plastics industry, in the non-metallic mineral products segment.