Avera New And Renewable Energy Motocorptech Private Limited - Company Profile

It is a automotive private limited company based in Vijayawada, Andhra Pradesh, India, established in 2017.

2017 Vijayawada, Andhra Pradesh, India Active

Last Updated: March 12, 2026

About Avera New And Renewable Energy Motocorptech Private Limited

Avera New And Renewable Energy Motocorptech Private Limited, a active private limited company, was established on 29 December 2017 in Vijayawada, Andhra Pradesh, India. Engaging in electrical and bio fuel vehicles within the automotive sector, it holds CIN: U74999AP2017PTC107354. Registered under ROC Roc Vijayawada. it is unlisted. It has an authorized capital of ₹0.10 M and a paid-up capital of ₹0.10 M.

It upholds a compliant status. Its leadership includes Satyagangadhar Akula (Director), Krishna Subrahmanyam Akula (Director). Past directors included Venkata Ramana Akula, Chandini Chandana Akula. Its latest AGM occurred on 28 September 2025, with the balance sheet filed on 31 March 2025. It is based at D.No.40-15/2-19, Second Floor, Brindavan Colony, Near Chandana Grand, Labbipet, Vijayawada, Andhra Pradesh, 520010.

Company Details

CIN/LLPIN
U74999AP2017PTC107354
Registration Number
107354
Incorporation Date
29 December 2017
Authorized Capital
₹0.10 M
Paid-Up Capital
₹0.10 M
ROC Code
Roc Vijayawada
Listing Status
Unlisted
Company Status
Active

Key Metrics

Authorised Capital ₹ 0.10 M as on 12-03-2026
Paid Up Capital ₹ 0.10 M as on 12-03-2026
Company Age 8 Year, 3 Months
Last Filing with ROC 31 Mar 2025
Revenue Growth **** % (FY 2022)
Profit Growth **** 51.07% (FY 2022)
Ebitda **** 70.83% (FY 2022)
Net Worth -39.31% (FY 2022)
Total Assets **** 195.46% (FY 2022)

Comprehensive Company Insights

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Who are the key members and board of directors at Avera New And Renewable Energy Motocorptech Private Limited?

Current Directors

Name	Designation	Appointment Date	Status
Satyagangadhar Akula	Director	15 Nov 2021	Current
Krishna Subrahmanyam Akula	Director	15 Nov 2021	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Director	15 Nov 2021	Past
Pramod Abcsdd	Director	-	Past

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Financial Performance of Avera New And Renewable Energy Motocorptech.

Avera New And Renewable Energy Motocorptech Private Limited, for the financial year ended 2022, experienced no change in revenue, with a 0% increase. The company also saw a substantial improvement in profitability, with a 51.07% increase in profit. The company's net worth observed a substantial decline by a decrease of 39.31%.

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

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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

********

*******

Revenue from Operations

*******

Total Assets

*******

195.46%

*******

Profit or Loss

*******

51.07%

*******

Net Worth

*******

-39.31%

*******

EBITDA

*******

70.83%

*******

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What is the Ownership and Shareholding Structure of Avera New And Renewable Energy Motocorptech?

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Shareholding Pattern (FY 2024)

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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How Many Employees Work at Avera New And Renewable Energy Motocorptech?

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Employee Date	Number of Employees
2020	78,000
2021	80,500
2022	83,200
2023	86,000
2024	89,500
2025	92,000

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Deals i

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Rating

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Alerts

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Latest Updates, News, and FAQs on Avera New And Renewable Energy Motocorptech

Recent Activity within the Organization

Annual General Meeting

Progress on Avera New And Renewable Energy Motocorptech Private Limited last Annual general meeting of members was held on 28 Sep 2025 as per latest MCA records. was documented.
28 Sep 2025
Balance Sheet

The activity Avera New And Renewable Energy Motocorptech Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Vijayawada. was completed.
31 Mar 2025
Director Appointment

Progress on Satyagangadhar Akula was appointed as a Director was appointed as a Director on 15 Nov 2021 & has been associated with this company since 4 years 4 months . was documented.
15 Nov 2021
Director Appointment

The activity Krishna Subrahmanyam Akula was appointed as a Director was appointed as a Director on 15 Nov 2021 & has been associated with this company since 4 years 4 months . was completed.
15 Nov 2021
Company Incorporation

Progress on Avera New And Renewable Energy Motocorptech Private Limited was registered on 29 Dec 2017 with Roc Vijayawada & aged 8 years 3 months as per MCA records. was documented.
29 Dec 2017

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