MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-KR-03-0031033
Avekshaa Technologies Private Limited - information technology in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹18.11 Cr
▼ 20% YoY
Net profit · FY 2024
₹76,234
Net margin 0%
EBITDA · FY 2024
₹36.62 Lakh
EBITDA margin 2%
Authorised capital
₹2.54 Cr
Registered with MCA
Paid-up capital
₹11.76 Lakh
Issued & subscribed
Open charges
₹5 Lakh
Satisfied ₹75 Lakh
Company age
16 yrs
Est. 2010
Employees · EPFO
93
Provident fund records
About Avekshaa Technologies Private Limited
Data last updated:
Avekshaa Technologies Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the SAAS (software as a service) providers segment of the technology and IT services sector. It was incorporated on 30 November 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72200KA2010PTC056070. Its GSTIN is 29AAJCA0120D1ZA (Karnataka).
The company has an authorised share capital of ₹2.54 Cr and a paid-up capital of ₹11.76 Lakh. It is led by directors Balakrishnan Venkatraman and Rajinder Kumar Gandotra.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Bangalore, Karnataka.
As per the financials filed for FY 2024, the company reported a revenue of ₹18.11 Cr, a decline of 20% compared to the previous year. For the same year it recorded a net profit of ₹76,234 (net margin 0%) and EBITDA of ₹36.62 Lakh (EBITDA margin 2%). Revenue has grown at a compounded annual rate (CAGR) of 11% over three years and 12% over five years.
The company has about 93 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Avekshaa. As per MCA filings, the company has open charges of ₹5 Lakh and satisfied charges of ₹75 Lakh on record. The company has 6 deals on record (3 funding rounds, 2 secondary share transfers, 1 rights issue), with disclosed funding of ₹3.65 Cr; the latest was in March 2022.
Avekshaa Technologies Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0031033). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website avekshaa.com.
Company details
CIN U72200KA2010PTC056070
Registration Number 056070
Incorporation Date 30 November 2010
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-KR-03-0031033
Recognitions & Rankings of Avekshaa Technologies
Contact details
Avekshaa Technologies Private Limited's registered office is in Bangalore, Karnataka. Its website is avekshaa.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressNo. 44 2nd Floor 12th Main 17th Cross 6th Sector Behind Bda Complex Hsr Layou, T, Bangalore, Karnataka, India – 560102
- IndustryInformation Technology, SaaS (Software as a Service) Providers, IT Consulting & Support Services
To see the full contact details of Avekshaa Technologies Private Limited, buy the company report.
Comprehensive company report
Avekshaa Technologies 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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Brands
Avekshaa Technologies operates one associated brand: Avekshaa. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Application performance management solutions are delivered across lifecycle phases. | avekshaa.com |
Business activity
The main business activity of Avekshaa Technologies is information and communication. In detail, this covers other information & communication service activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service activities |
To see the full business activity and turnover split of Avekshaa Technologies Private Limited, buy the company report.
Financials of Avekshaa Technologies Private Limited
FY 2024 filings availableAvekshaa Technologies Private Limited reported revenue of ₹18.11 Cr (down 20% YoY) for FY 2024.
Revenue · FY 2024
₹18.11 Cr ▼ 20%
Net profit · FY 2024
₹76,234 margin 0%
EBITDA · FY 2024
₹36.62 Lakh margin 2%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 20%
3 years · compounded
▲ 11%
5 years · compounded
▲ 12%
EBITDA CAGR growth
1 year
▼ 96%
3 years · compounded
▼ 51%
5 years · compounded
▼ 7%
Revenue fell 20% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 12%. EBITDA fell 96% 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹36.62 Lakh | ||||
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| Net Profit (PAT) | ₹76,234 | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | 2% | ||||
| Net Profit Margin | 0% | ||||
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To see the full financial statements and ratios of Avekshaa Technologies Private Limited, buy the company report.
Board of directors of Avekshaa Technologies Private Limited
Avekshaa Technologies has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Balakrishnan Venkatraman Also directs: Exfinity Venture Partners LLP, Balki Advisory Services LLP, Dr. Agarwal's Health Care Limited and 5 more | Director | 08 Nov 2014 | 12 Years 0 Months | Current |
| Rajinder Kumar Gandotra Also directs: Appneura AI Software Private Limited | Director | 30 Nov 2010 | 15 Years 11 Months | Current |
Auditor
Avekshaa Technologies Private Limited is audited by Agarwala Pankaj & Associates for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Agarwala Pankaj & Associates | FY 2022 | 015504S |
Shareholding
The shareholding of Avekshaa Technologies Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Avekshaa Technologies Private Limited, buy the company report.
Charges & borrowings
Open charges
₹5 Lakh
Satisfied charges
₹75 Lakh
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 01 Jun 2021 | 100457802 | Axis Bank Limited | ₹5 Lakh | Open | |
| 18 Dec 2017 | 100153235 | Others | ₹25 Lakh | Satisfied | |
| 31 Dec 2014 | 10541824 | Icici Bank | ₹50 Lakh | Satisfied |
To see the full charge records of Avekshaa Technologies Private Limited, buy the company report.
Total charge records: 3 View all charges
Deals & funding
Avekshaa Technologies Private Limited has 6 deals on record (3 funding rounds, 2 secondary share transfers, 1 rights issue), with disclosed funding of ₹3.65 Cr; the latest was in March 2022.
Total deals
6
Funding rounds
3
Secondary share transfers
2
Rights issue
1
Disclosed funding
₹3.65 Cr
Deals on record (5 of 6)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2022 | Secondary share transfer | Undisclosed | Seller: KITVEN |
| Sep 2020 | Rights issue | ₹50 Lakh | Investors: an individual |
| Jan 2020 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Jan 2015 | Funding round | ₹25 Lakh | Investors: an individual |
| Oct 2013 | Funding round | ₹1 Cr | Investors: 2 individuals |
To see the full deal history of Avekshaa Technologies Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Avekshaa Technologies 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 Avekshaa Technologies Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Avekshaa Technologies Private Limited has a workforce of 93 employees on its EPFO records as of Mar 30, 2024, across 1 active EPFO establishment.
Employee count
93
Active EPFO establishments
1
Employee growth
30.99%
GST
Avekshaa Technologies has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAJCA0120D1ZA | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Avekshaa Technologies Private Limited, buy the company report.
Recent activity
Avekshaa Technologies Private Limited has 6 board changes on record since 2010: 2 appointments and 4 cessations. The latest: Manish Kumar Belmannu ceased to be Nominee Director on 30 Mar 2022.
AGM
Avekshaa Technologies Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Avekshaa Technologies Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
Charges
A charge registered on 31 Dec 2014 via Charge ID 10541824 with Icici Bank was fully satisfied on 13 Nov 2023.
Charges
A charge registered on 18 Dec 2017 via Charge ID 100153235 with Others was fully satisfied on 01 Jun 2023.
Ceased
Manish Kumar Belmannu ceased to be Nominee Director.
Charges
A charge with Axis Bank Limited amounted to Rs. 0.05 Cr with Charge ID 100457802 was registered on 01 Jun 2021.
Charges
A charge with Others amounted to Rs. 0.25 Cr with Charge ID 100153235 was registered on 18 Dec 2017.
Ceased
Ashutosh Shinde ceased to be Director.
Ceased
Ramnik Singh Tara ceased to be Director.
Ceased
Arun Ramu ceased to be Director.
Charges
A charge with Icici Bank amounted to Rs. 0.50 Cr with Charge ID 10541824 was registered on 31 Dec 2014.
Appointed
Balakrishnan Venkatraman was appointed as Director.
2 earlier events are in the company report.
News
Frequently asked questions
Avekshaa Technologies is an active private limited company based in Bangalore, Karnataka, India. The company works in saas (software as a service) providers, within the information technology industry. It was incorporated on 30 November 2010 (16+ years old) and is registered under CIN U72200KA2010PTC056070.
Avekshaa Technologies has 2 current directors:
- Balakrishnan Venkatraman - Director
- Rajinder Kumar Gandotra - Director
The latest financial statements of Avekshaa Technologies on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Avekshaa Technologies is 29AAJCA0120D1ZA, registered in Karnataka.
The CIN (Corporate Identification Number) of Avekshaa Technologies is U72200KA2010PTC056070. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Avekshaa Technologies was incorporated on 30 November 2010, making it 16+ years old. It is registered with the Registrar of Companies, Bangalore.
Avekshaa Technologies has 6 deals on record (3 funding rounds, 2 secondary share transfers, 1 rights issue), with disclosed funding of ₹3.65 Cr; the latest was in March 2022.
Manish Kumar Belmannu ceased to be Nominee Director on 30 Mar 2022. Ashutosh Shinde ceased to be Director on 31 Jan 2017. Ramnik Singh Tara ceased to be Director on 31 Jan 2017. Avekshaa Technologies has 6 board changes on record in total.
Yes, Avekshaa Technologies is registered as a small enterprise under Udyam registration (number: UDYAM-KR-03-0031033).
Avekshaa Technologies can be reached through the website avekshaa.com. Its registered office is in Bangalore, Karnataka, India.
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