About Avench Systems Private Limited
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Avench Systems Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 17 July 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72200KA2015PTC081664. Its GSTIN is 29AANCA7989A1Z5 (Karnataka).
The company has an authorised share capital of ₹12.55 Lakh and a paid-up capital of ₹12.5 Lakh. It is led by directors including Anuroop Madiyath and Rajeend Unithrattilrajeevan.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Bangalore, Karnataka.
As per the financials filed for FY 2025, the company reported a revenue of ₹6.94 Cr, a growth of 4% compared to the previous year. For the same year it recorded a net loss of ₹2.23 Cr (net margin -32.1%) and EBITDA of -₹2.16 Cr (EBITDA margin -31.2%). Revenue has grown at a compounded annual rate (CAGR) of 19% over three years and 7% over five years.
The company has about 36 employees on its provident fund (EPFO) records.
The company is associated with 2 brands: Avench Systems and Avench.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website avench.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressNo 10 – A Sy No. 47 Part Electronic City II Phase Industrial Area Konappana Agrahara Hob, Li Begur, Bangalore, Karnataka, India – 560100
- IndustryInformation Technology, Application Development & Software Solutions
- 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 Avench Systems Private Limited
Avench Systems operates two associated brands: Avench Systems and Avench. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| IoT-based electronic product design and development services are provided. | avench.com | |
| Embedded electronics design and system software development services. | avenchsystems.com |
Business Activity of Avench Systems Private Limited
The main business activity of Avench Systems is information and communication. In detail, this covers publishing of computer operating systems, system software, application software, games, etc..
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J2 | Publishing of computer operating systems, system software, application software, games, etc. | 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.
Auditor Details of Avench Systems Private Limited
Avench Systems Private Limited is audited by CA J Ratna Sudha for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| CA J Ratna Sudha | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Avench Systems Private Limited
Avench Systems has 6 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Anuroop Madiyath | Director | 26 Feb 2018 | 8 Years 7 Months | Current |
| Rajeend Unithrattilrajeevan | Director | 26 Feb 2018 | 8 Years 7 Months | Current |
| Naresh Vijayakumar Hanji Also directs: Rotzler India Private Limited, Rotzler Services Private Limited | Nominee Director | 21 Jul 2023 | 3 Years 2 Months | Current |
| Jurgen Ernst Rotzler Also directs: Rotzler India Private Limited, Rotzler Services Private Limited | Nominee Director | 21 Jul 2023 | 3 Years 2 Months | Current |
| Diljith Maviladeth | Director | 17 Jul 2015 | 11 Years 2 Months | Current |
| Changarakulath Priyanka | Additional Director | 03 Jun 2025 | 1 Years 4 Months | Current |
Financials of Avench Systems Private Limited FY 2025 filings available
Avench Systems Private Limited reported revenue of ₹6.94 Cr (up 4% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Avench Systems Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 7% over five years, including 4% growth in the latest year. EBITDA fell 318% 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 of Avench Systems Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
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| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | -₹2.16 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹2.23 Cr | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
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| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Avench Systems Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -31.2% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -32.1% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
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 Avench Systems are in the company report.
Financial statements from FY 2016
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.
Ownership and Shareholding of Avench Systems 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 Avench Systems Private Limited
Avench Systems Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Avench Systems Private Limited
Avench Systems Private Limited has a workforce of 36 employees as of Apr 03, 2024.
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 Avench Systems Private Limited
Avench Systems has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AANCA7989A1Z5 | Karnataka | Active | 01 Jul 2017 |
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 Avench Systems 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 Avench Systems 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 Avench Systems 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 Avench Systems 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 Avench Systems Private Limited
Frequently Asked Questions about Avench Systems Private Limited
Avench Systems is an active private limited company based in Bangalore, Karnataka, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 17 July 2015 (11+ years old) and is registered under CIN U72200KA2015PTC081664.
Avench Systems reported revenue of ₹6.94 Cr for FY 2025 (up 4% YoY).
Avench Systems has 6 current directors:
- Anuroop Madiyath - Director
- Rajeend Unithrattilrajeevan - Director
- Naresh Vijayakumar Hanji - Nominee Director
- Jurgen Ernst Rotzler - Nominee Director
- Diljith Maviladeth - Director
- Changarakulath Priyanka - Additional Director
Avench Systems reported a net loss of ₹2.23 Cr (net margin -32.1%) and EBITDA of -₹2.16 Cr (EBITDA margin -31.2%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Avench Systems is 19% over three years and 7% over five years. In the latest year (FY 2025) revenue rose 4%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Avench Systems is 29AANCA7989A1Z5, registered in Karnataka.
The CIN (Corporate Identification Number) of Avench Systems is U72200KA2015PTC081664. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Avench Systems was incorporated on 17 July 2015, making it 11+ years old. It is registered with the Registrar of Companies, Bangalore.
Avench Systems can be reached through the website avench.com. Its registered office is in Bangalore, Karnataka, India.