About Aveit Solutions Private Limited
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Aveit Solutions Private Limited is a private limited company based in Kukatpally, Telangana, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 16 April 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U72100TG2018PTC123874.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors Rajitha Kasi and Kasi Venkateswarlu.
Its last annual general meeting (AGM) was held on 30 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at Kukatpally, Telangana.
As per the financials filed for FY 2021, the company reported a revenue of ₹2.48 Lakh, a decline of 84% compared to the previous year. For the same year it recorded a net loss of ₹23,303 (net margin -9.4%) and EBITDA of -₹23,303 (EBITDA margin -9.4%).
The company is associated with 1 brand: Aveit Solutions.
For more details, the company can be reached via its website aveitsolutions.com.
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered AddressFlat No 401 Plot No.274/C 275/C Addaguta Bhagyana, Gar, Kukatpally, Telangana, India – 500072
- IndustryInformation Technology, IT Consulting & Support 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
Associated Brands with Aveit Solutions Private Limited
Aveit Solutions operates one associated brand: Aveit Solutions. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides application development and digital marketing services to support business needs. | aveitsolutions.com |
Competitors & Alternatives of Aveit Solutions Private Limited
Brands and companies operating in the same space as Aveit Solutions Private Limited include S⁴Capital, Townsquare Media, Tinuiti and 5 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
 S⁴Capital | Digital advertising and content marketing services are provided globally. | London, United Kingdom | 2014 |
 Townsquare Media | Media Company focused on radio broadcasting, live events, marketing solutions | Greenwich, United States | 2010 |
 Tinuiti | Digital marketing services including paid search and e-commerce are provided. | New York, United States | 2004 |
 Prophet | Brand and marketing consulting solutions provider | San Francisco, United States | 1992 |
 Advantage Solutions | Consumer packaged goods sales and digital marketing services are provided. | Irvine, United States | 1987 |
 Media.Monks | Digital marketing, advertising, and IT services are provided globally. | Hilversum, Netherlands | 2001 |
 Hedgehog lab | Mobile application development and UX design services are provided. | Newcastle Upon Tyne, United Kingdom | 2007 |
 AlmavivA | IT services suite solutions are provided globally by AlmavivA. | Rome, Italy | 2005 |
Business Activity of Aveit Solutions Private Limited
The main business activity of Aveit Solutions 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.
Board of Directors of Aveit Solutions Private Limited
Aveit Solutions has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rajitha Kasi | Director | 17 Mar 2022 | 4 Years 6 Months | Current |
| Kasi Venkateswarlu Also directs: Profuse Transtech Solution Private Limited, Fauxiq Technologies Private Limited, VB Infotech Solutions Private Limited and 1 more | Director | 17 Mar 2022 | 4 Years 6 Months | Current |
Financials of Aveit Solutions Private Limited FY 2021 filings available
Aveit Solutions Private Limited reported revenue of ₹2.48 Lakh (down 84% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR) of Aveit Solutions Private Limited
Revenue fell 84% in the latest year. EBITDA rose 64% in the latest year. All are worked out from the filed statements.
Financial Statement Summary of Aveit Solutions Private Limited
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|
| 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 | -₹23,303 | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• |
| Net Profit (PAT) | -₹23,303 | •••• | •••• |
| 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 Aveit Solutions Private Limited
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | -9.4% | •••• | •••• |
| Net Profit Margin | -9.4% | •••• | •••• |
| 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 Aveit Solutions are in the company report.
Financial statements from FY 2019
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.
Charges & Borrowings of Aveit Solutions Private Limited
Aveit Solutions Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Aveit Solutions Private Limited
Employment history and EPFO contributions of people linked to Aveit Solutions.
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.
GST Compliance of Aveit Solutions 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.
Credit Ratings, Litigation & Regulatory Alerts for Aveit Solutions 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 Aveit Solutions 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 Aveit Solutions 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.
MCA Filings & Documents of Aveit Solutions 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.
Recent Activity on Aveit Solutions Private Limited
Frequently Asked Questions about Aveit Solutions Private Limited
Aveit Solutions is an active private limited company based in Kukatpally, Telangana, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 16 April 2018 (8+ years old) and is registered under CIN U72100TG2018PTC123874.
Aveit Solutions reported revenue of ₹2.48 Lakh for FY 2021 (down 84% YoY).
Aveit Solutions has 2 current directors:
- Rajitha Kasi - Director
- Kasi Venkateswarlu - Director
Aveit Solutions reported a net loss of ₹23,303 (net margin -9.4%) and EBITDA of -₹23,303 (EBITDA margin -9.4%) for FY 2021, as per its filed financial statements.
The CIN (Corporate Identification Number) of Aveit Solutions is U72100TG2018PTC123874. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Aveit Solutions was incorporated on 16 April 2018, making it 8+ years old. It is registered with the Registrar of Companies, Hyderabad.
Aveit Solutions can be reached through the website aveitsolutions.com. Its registered office is in Kukatpally, Telangana, India.
The registered office of Aveit Solutions is at Flat No 401 Plot No.274C 275C Addaguta Bhagyana, Gar, Kukatpally, Telangana, India – 500072.
Aveit Solutions has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh.