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Avera AI Mobility Private Limited - automotive in Vijayawada, Andhra Pradesh, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹1.11 Cr
▼ 76% YoY
Net profit · FY 2025
₹51,431
Net margin 0.5%
EBITDA · FY 2025
₹3.6 Lakh
EBITDA margin 3.2%
Authorised capital
₹1 Cr
Registered with MCA
Paid-up capital
₹25 Lakh
Issued & subscribed
Open charges
₹19.49 Lakh
Secured borrowings
Company age
5 yrs
Est. 2021
Directors on board
2
As per MCA filings
About Avera AI Mobility Private Limited
Data last updated:
Avera AI Mobility Private Limited is a private limited company based in Vijayawada, Andhra Pradesh, India, recognised as a startup by DPIIT. It operates in the electrical and bio fuel vehicles segment of the automotive sector. It was incorporated on 25 November 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Vijayawada, under CIN U35999AP2021PTC120157. Its GSTIN is 37AAWCA1653N1ZZ (Andhra Pradesh). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹25 Lakh. It is led by directors Venkata Ramana Akula and Chandini Chandana Akula.
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 Vijayawada, Andhra Pradesh.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.11 Cr, a decline of 76% compared to the previous year. For the same year it recorded a net profit of ₹51,431 (net margin 0.5%) and EBITDA of ₹3.6 Lakh (EBITDA margin 3.2%). Revenue has declined at a compounded annual rate (CAGR) of 11% over three years.
As per MCA filings, the company has open charges of ₹19.49 Lakh on record.
Avera AI Mobility Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-AP-06-0020780). For more details, the company can be reached via its website avera.in.
Company details
CIN U35999AP2021PTC120157
Registration Number 120157
Incorporation Date 25 November 2021
ROC Vijayawada
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
DPIIT Recognition Recognised Startup
MSME Classification Micro
Udyam Registration UDYAM-AP-06-0020780
Recognitions & Rankings of Avera AI Mobility
MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2021-22)
- Udyam number
- UDYAM-AP-06-0020780
Contact details
Avera AI Mobility Private Limited's registered office is in Vijayawada, Andhra Pradesh. Its website is avera.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressD No: 54 – 19 – 21A/3 Flat No.202 Sri Lakshmi Sai Towers J P Nagar Lic C, Olony, Vijayawada, Andhra Pradesh, India – 520008
- IndustryAutomotive, Electrical and Bio Fuel Vehicles
To see the full contact details of Avera AI Mobility Private Limited, buy the company report.
Comprehensive company report
Avera AI Mobility 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 Avera AI Mobility is manufacturing. In detail, this covers motor vehicles, trailers, semi trailers and other transport vehicles.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C11 | Motor vehicles, trailers, semi trailers and other Transport Vehicles |
To see the full business activity and turnover split of Avera AI Mobility Private Limited, buy the company report.
Financials of Avera AI Mobility Private Limited
FY 2025 filings availableAvera AI Mobility Private Limited reported revenue of ₹1.11 Cr (down 76% YoY) for FY 2025.
Revenue · FY 2025
₹1.11 Cr ▼ 76%
Net profit · FY 2025
₹51,431 margin 0.5%
EBITDA · FY 2025
₹3.6 Lakh margin 3.2%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 76%
3 years · compounded
▼ 11%
EBITDA CAGR growth
1 year
▲ 22%
3 years · compounded
▲ 47%
Revenue has declined at a compounded annual rate (CAGR) of 11% over three years, including a 76% fall in the latest year. EBITDA rose 22% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
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| Total Expenses | ||||
| EBITDA | ₹3.6 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | ₹51,431 | |||
| Balance Sheet | ||||
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| Reserves and Surplus | ||||
| Net Worth (Total Equity) | ||||
| Long-term Borrowings | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 3.2% | |||
| Net Profit Margin | 0.5% | |||
| Return on Equity (ROE) | ||||
| Return on Capital Employed (ROCE) | ||||
| Return on Assets (ROA) | ||||
| Liquidity and Debt | ||||
| Current Ratio | ||||
| Quick Ratio | ||||
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| Inventory Days | ||||
| Revenue Growth | ||||
| Net Profit Growth | ||||
To see the full financial statements and ratios of Avera AI Mobility Private Limited, buy the company report.
Board of directors of Avera AI Mobility Private Limited
Avera AI Mobility has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Venkata Ramana Akula | Director | 25 Nov 2021 | 4 Years 11 Months | Current |
| Chandini Chandana Akula Also directs: Bhuvana Agroventures Private Limited, Hazel Agroventures Private Limited, Tapas Agroventures Private Limited and 3 more | Director | 25 Nov 2021 | 4 Years 11 Months | Current |
Auditor
Avera AI Mobility Private Limited is audited by MGS REDDY & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MGS REDDY & CO | FY 2023 | 020794S |
Shareholding
The shareholding of Avera AI Mobility Private Limited is on record for 2 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Avera AI Mobility Private Limited, buy the company report.
Charges & borrowings
Open charges
₹19.49 Lakh
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 04 Jul 2025 | 101160434 | Hdfc Bank Limited | ₹19.49 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Avera AI Mobility 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 Avera AI Mobility Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Avera AI Mobility Private Limited has 1 active EPFO establishment as of Apr 05, 2024.
Active EPFO establishments
1
GST
Avera AI Mobility has 2 GST registrations: 2 active.
Total GSTINs
2
Active
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 37AAWCA1653N1ZZ | Andhra Pradesh | Active | 04 Dec 2021 |
| 34AAWCA1653N1Z5 | Puducherry | Active | 26 Aug 2024 |
To see the full GST registrations and return filing status of Avera AI Mobility Private Limited, buy the company report.
Recent activity
Avera AI Mobility Private Limited has 2 board changes on record since 2021: 2 appointments. The latest: Chandini Chandana Akula was appointed as Director on 25 Nov 2021.
AGM
Avera Ai Mobility Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.19 Cr with Charge ID 101160434 was registered on 04 Jul 2025.
Filing
Avera Ai Mobility Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Vijayawada.
Appointed
Chandini Chandana Akula was appointed as Director.
Appointed
Venkata Ramana Akula was appointed as Director.
Incorporation
25 Nov 2021
Avera Ai Mobility Private Limited was registered on 25 Nov 2021 with Roc Vijayawada & aged 4 years 11 months as per MCA records.
News
Frequently asked questions
Avera AI Mobility is an active private limited company based in Vijayawada, Andhra Pradesh, India. The company works in electrical and bio fuel vehicles, within the automotive industry. It was incorporated on 25 November 2021 (5+ years old) and is registered under CIN U35999AP2021PTC120157.
Avera AI Mobility has 2 current directors:
- Venkata Ramana Akula - Director
- Chandini Chandana Akula - Director
The latest financial statements of Avera AI Mobility on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2022 are in the company report.
The GSTIN of Avera AI Mobility is 37AAWCA1653N1ZZ, registered in Andhra Pradesh. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 34AAWCA1653N1Z5 (Puducherry).
The CIN (Corporate Identification Number) of Avera AI Mobility is U35999AP2021PTC120157. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Avera AI Mobility was incorporated on 25 November 2021, making it 5+ years old. It is registered with the Registrar of Companies, Vijayawada.
Chandini Chandana Akula was appointed as Director on 25 Nov 2021. Venkata Ramana Akula was appointed as Director on 25 Nov 2021.
Yes, Avera AI Mobility is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Avera AI Mobility is registered as a micro enterprise under Udyam registration (number: UDYAM-AP-06-0020780).
Avera AI Mobility can be reached through the website avera.in. Its registered office is in Vijayawada, Andhra Pradesh, India.