About Averoft Private Limited
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Averoft Private Limited is a private limited company based in Bhopal, Madhya Pradesh, India, recognised as a startup by DPIIT. It operates in the web design and maintenance services segment of the technology and IT services sector. It was incorporated on 06 March 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Gwalior, under CIN U72900MP2017PTC042802.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Aveneesh Mathur and Monila Mathur.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at F – 5/301 Tilak Nagar Bawadiya Kala, Bhopal, Madhya Pradesh, India – 462016.
As per the financials filed for FY 2022, the company reported a revenue of ₹15.63 Lakh, a growth of 94% compared to the previous year. For the same year it recorded a net loss of ₹26,525 (net margin -1.7%) and EBITDA of -₹23,589 (EBITDA margin -1.5%). Revenue has grown at a compounded annual rate (CAGR) of 18% over three years.
The company is associated with 1 brand: Averoft.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website averoft.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressF – 5/301 Tilak Nagar Bawadiya Kala, Bhopal, Madhya Pradesh, India – 462016
- IndustryInformation Technology, Web Design & Maintenance Services
- 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
Business Activity of Averoft Private Limited
The main business activity of Averoft is information and communication. In detail, this covers other information & communication service activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service activities | 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.
Financials of Averoft Private Limited FY 2022 filings available
Averoft Private Limited reported revenue of ₹15.63 Lakh (up 94% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR) of Averoft Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 18% over three years, including 94% growth 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 Averoft Private Limited
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | -₹23,589 | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹26,525 | •••• | •••• | •••• | •••• |
| 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 Averoft Private Limited
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -1.5% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -1.7% | •••• | •••• | •••• | •••• |
| 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 Averoft are in the company report.
Financial statements from FY 2017
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.
Peer Comparison of Averoft Private Limited
Averoft Private Limited is compared with the companies closest to it by revenue in the Information Technology industry (Website Design and Maintenance). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| White Mastery Systems Private Limited | •••• | •••• | •••• | •••• | - | Guindy, Tamil Nadu, India |
| Webelite Digital Private Limited | •••• | •••• | •••• | •••• | - | Lucknow, Uttar Pradesh, India |
| Atom Apps Technologies Private Limited | •••• | •••• | •••• | •••• | - | New Delhi, Delhi, India |
| Digivaarta India Private Limited | •••• | •••• | •••• | •••• | - | New Delhi, Delhi, India |
| Wtwebs Infotech Private Limited | •••• | •••• | •••• | •••• | - | Hyderabad, Telangana, India |
| Averoft Private Limited this company | •••• | •••• | •••• | •••• | - | Bhopal, Madhya Pradesh, India |
| Sparkles Webtech Private Limited | •••• | •••• | •••• | •••• | - | New Delhi, Delhi, India |
| Helicoptic Solutions Private Limited | •••• | •••• | •••• | •••• | - | New Delhi, Delhi, India |
| Alphabyte Technologies Private Limited | •••• | •••• | •••• | •••• | - | Bathinda, Punjab, India |
| Planetsurf Creations Private Limited | •••• | •••• | •••• | •••• | - | Bangalore, Karnataka, India |
| Navzoo Care Private Limited | •••• | •••• | •••• | •••• | - | Mumbai, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Averoft by revenue in the Information Technology industry (Website Design and Maintenance), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.
Board of Directors of Averoft Private Limited
Averoft has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Aveneesh Mathur | Director | 06 Mar 2017 | 9 Years 7 Months | Current |
| Monila Mathur | Director | 06 Mar 2017 | 9 Years 7 Months | Current |
Ownership and Shareholding of Averoft 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 Averoft Private Limited
Averoft Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Associated Brands with Averoft Private Limited
Averoft operates one associated brand: Averoft. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides custom software, cloud computing, AI, and business analytics services. | averoft.com |
Employees and EPFO Compliance at Averoft Private Limited
Employment history and EPFO contributions of people linked to Averoft.
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.
Recent Activity on Averoft Private Limited
Averoft Private Limited has 2 board changes on record since 2017: 2 appointments. The latest: Aveneesh Mathur was appointed as Director on 06 Mar 2017.
Credit Ratings, Litigation & Regulatory Alerts for Averoft 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 Averoft 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 Averoft 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.
GST Compliance of Averoft Private Limited
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.
MCA Filings & Documents of Averoft 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.
Frequently Asked Questions about Averoft Private Limited
Averoft is an active private limited company based in Bhopal, Madhya Pradesh, India. The company works in web design and maintenance services, within the information technology industry. It was incorporated on 06 March 2017 (9+ years old) and is registered under CIN U72900MP2017PTC042802.
Averoft reported revenue of ₹15.63 Lakh for FY 2022 (up 94% YoY).
Averoft has 2 current directors:
- Aveneesh Mathur - Director
- Monila Mathur - Director
Averoft reported a net loss of ₹26,525 (net margin -1.7%) and EBITDA of -₹23,589 (EBITDA margin -1.5%) for FY 2022, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Averoft is 18% over three years. In the latest year (FY 2022) revenue rose 94%. CAGR is the steady yearly rate that links the first and the last year.
The CIN (Corporate Identification Number) of Averoft is U72900MP2017PTC042802. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Averoft was incorporated on 06 March 2017, making it 9+ years old. It is registered with the Registrar of Companies, Gwalior.
The peers of Averoft by revenue are White Mastery Systems Private Limited, Webelite Digital Private Limited, Atom Apps Technologies Private Limited, Digivaarta India Private Limited, Wtwebs Infotech Private Limited and 5 more, all in the Information Technology industry (Website Design and Maintenance).
Aveneesh Mathur was appointed as Director on 06 Mar 2017. Monila Mathur was appointed as Director on 06 Mar 2017.
Yes, Averoft is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Averoft can be reached through the website averoft.com. Its registered office is in Bhopal, Madhya Pradesh, India.