Aver Software Technologies Limited - Company Profile

It is a business services public limited company based in Andheri, Maharashtra, India, established in 1993.
1993 Andheri, Maharashtra, India Active
Last Updated:
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About Aver Software Technologies Limited

Aver Software Technologies Limited, a active public limited company, was established on 21 September 1993 in Andheri, Maharashtra, India. Engaging in business support services within the real estate sector, it holds CIN: U72200MH1993PLC074054. Registered under ROC Roc Mumbai. it is unlisted. It has an authorized capital of ₹3.00 Cr and a paid-up capital of ₹9.63 M.

Formerly known as Aver Photographic Company Limited. It upholds a compliant status. Its leadership includes Sneh Harilal Patel (Additional Director), Kanti Patel (Additional Director), Sagar Harilal Patel (Director). Past directors included Sneh Harilal Patel, Kanti Patel, Kiran Madhavrao Patil. It holds ₹108.23 Cr open charges and ₹50.27 Cr settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at Aver Plaza, Plot No.B-13 Opp. Citi Mall New Link Road, Andheri West, Andheri, Maharashtra, 400053.

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

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
    **********
  • Apps
    **********

Company Details

  • CIN/LLPIN

    U72200MH1993PLC074054

  • Registration Number

    074054

  • Incorporation Date

    21 September 1993

  • Authorized Capital

    ₹3.00 Cr

  • Paid-Up Capital

    ₹9.63 M

  • ROC Code

    Roc Mumbai

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 3.00 Cr
  • Paid Up Capital ₹ 9.63 M
  • Company Age 32 Year, 8 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 108.23 Cr
  • Satisfied Charges ₹ 50.27 Cr
  • Revenue Growth **** 5.75%
  • Profit Growth **** -12.00%
  • Ebitda **** -29.81%
  • Net Worth 12.12%
  • Total Assets **** 76.50%
Company report

Aver Software Technologies Limited

Company Report FY 2026-2027

Comprehensive Company Insights

Explore comprehensive insights into Aver Software Technologies 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 Aver Software Technologies Limited?
Current Directors
Name Designation Appointment Date Status
Sneh Harilal Patel Additional Director 28 Jul 2025 Current
Kanti Patel Additional Director 05 Jun 2021 Current
Sagar Harilal Patel Director 06 Jan 2016 Current
Nimit Kanti Patel Director 05 Feb 2019 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 02 Mar 2022 Past
Pramod Abcsdd Whole-Time Director 01 Apr 2021 Past
Pramod Abcsdd Whole-Time Director 06 Jan 2016 Past
Pramod Abcsdd Director 15 Oct 2008 Past
Pramod Abcsdd Additional Director 15 May 2016 Past
Pramod Abcsdd Additional Director 15 May 2016 Past

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Financial Performance of Aver Software Technologies.

Aver Software Technologies Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 5.75% increase. The company also saw a substantial fall in profitability, with a 12% decrease in profit. The company's net worth Soared by an impressive increase of 12.12%.

Aver Software Technologies revenue growth over time
Aver Software Technologies 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
********
 5.75%
*******
*******
*******
*******
Revenue from Operations
*******
 0.39%
*******
*******
*******
*******
Total Assets
*******
 76.50%
*******
*******
*******
*******
Profit or Loss
*******
 -12.00%
*******
*******
*******
*******
Net Worth
*******
 12.12%
*******
*******
*******
*******
EBITDA
*******
 -29.81%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Aver Software Technologies?

In 2023, Aver Software Technologies had a promoter holding of 100.00%. The company had 2 Subsidiaries. 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

₹1,082,290,996.00

Satisfied Charges

₹502,700,000.00

Charges Breakdown by Lending Institutions
  • Hdfc Bank Limited : 45.20 Cr
  • Others : 29.00 Cr
  • Standard Chartered Bank : 23.80 Cr
  • Canara Bank : 4.00 Cr
  • Dena Bank : 3.26 Cr
  • Others : 2.97 Cr
Latest Charge Details
Date Lender Amount Status
04 Jul 2025 Hdfc Bank Limited ₹17.10 Cr Open
03 Jul 2025 Others ₹14.85 Cr Open
26 Jun 2025 Hdfc Bank Limited ₹16.00 Cr Open
24 Sep 2024 Hdfc Bank Limited ₹9.00 Cr Open
15 Jul 2024 Others ₹2.43 Cr Open

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How Many Employees Work at Aver Software Technologies?

Unlock and access historical data on people associated with Aver Software Technologies, 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 Aver Software Technologies, 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 Aver Software Technologies's trajectory.

Rating
Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

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 Aver Software Technologies
Recent Activity within the Organization
  • Director Appointment

    Progress on Sneh Harilal Patel was appointed as a Additional Director was appointed as a Additional Director on 28 Jul 2025 & has been associated with this company since 10 months 9 days . was documented.

  • Charges

    Progress on A charge with Hdfc Bank Limited of Rs. 17.10 Cr registered on 04 Jul 2025 with Charge ID 101129302 was modified on 08 Jul 2025. was documented.

  • Charges

    Progress on A charge with Hdfc Bank Limited amounted to Rs. 17.10 Cr with Charge ID 101129302 was registered on 04 Jul 2025. was documented.

  • Charges

    Progress on A charge with Others amounted to Rs. 14.85 Cr with Charge ID 101122108 was registered on 03 Jul 2025. was documented.

  • Charges

    Progress on A charge with Hdfc Bank Limited amounted to Rs. 16.00 Cr with Charge ID 101129299 was registered on 26 Jun 2025. was documented.

  • Annual General Meeting

    The activity Aver Software Technologies Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was completed.

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Frequently Asked Questions
What is the CIN of Aver Software Technologies Limited?

The CIN of Aver Software Technologies Limited is U72200MH1993PLC074054.

Where is Aver Software Technologies Limited headquartered?

Aver Software Technologies Limited is headquartered at Aver Plaza, Plot No.B-13 Opp. Citi Mall New Link Road, Andheri West, Andheri, Maharashtra, 400053.

When was Aver Software Technologies Limited incorporated?

Aver Software Technologies Limited was incorporated on 21 September 1993.

Who are the current directors of Aver Software Technologies Limited?

The current directors of Aver Software Technologies Limited are

What is the primary industry of Aver Software Technologies Limited?

The primary industry of Aver Software Technologies Limited is Real Estate.

Is Aver Software Technologies Limited a listed company?

Aver Software Technologies Limited is unlisted.

What is the capital structure of Aver Software Technologies Limited?

The authorized capital of Aver Software Technologies Limited is ₹3.00 Cr, and the paid-up capital is ₹9.63 M.

What is the compliance status of Aver Software Technologies Limited?

The compliance status of Aver Software Technologies Limited is Compliant.

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