About Avesta Technologies Private Limited
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Avesta Technologies Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 12 June 2023.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U62013GJ2023PTC142157.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Mahiyar Keki Dastur and Sanober Cavas Bomanji.
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 Ahmedabad, Gujarat.
As per the financials filed for FY 2025, the company reported a revenue of ₹15.4 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹3.62 Cr (net margin 23.5%) and EBITDA of ₹5.06 Cr (EBITDA margin 32.8%).
The company is associated with 1 brand: Avesta Technologies.
For more details, the company can be reached via its website avestatechnologies.com.
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social Media
- Registered AddressBlock:A Office No. 108, Mondeal Heights, Ahmedabad, Gujarat, India – 380054
- 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
Business Activity of Avesta Technologies Private Limited
The main business activity of Avesta Technologies is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | 62 | Computer programming, consultancy and related 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 Avesta Technologies Private Limited FY 2025 filings available
Avesta Technologies Private Limited reported revenue of ₹15.4 Cr (up 227% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Avesta Technologies Private Limited
Revenue rose 227% in the latest year. EBITDA rose 307% in the latest year. All are worked out from the filed statements.
Financial Statement Summary of Avesta Technologies Private Limited
| Metrics | FY 2024-25 | FY 2023-24 |
|---|---|---|
| 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 | ₹5.06 Cr | •••• |
| Profit Before Tax | •••• | •••• |
| Tax Expense | •••• | •••• |
| Net Profit (PAT) | ₹3.62 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 | •••• | •••• |
| Inventories | •••• | •••• |
| Trade Receivables | •••• | •••• |
| Cash and Bank Balance | •••• | •••• |
| Total Assets | •••• | •••• |
Financial Ratios of Avesta Technologies Private Limited
| Metrics | FY 2024-25 | FY 2023-24 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 32.8% | •••• |
| Net Profit Margin | 23.5% | •••• |
| 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 Avesta Technologies are in the company report.
Financial statements from FY 2024
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 Avesta Technologies Private Limited
Avesta Technologies Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Computer programming, consultancy and related activities). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Humane Business Intelligence Technology Solutions Private Limited | ₹15.42 Cr (FY 2025) | •••• | •••• | 14.0% | •••• | Pune, Maharashtra, India |
| Tiu Consulting Private Limited | ₹15.42 Cr (FY 2025) | •••• | •••• | -27.0% | •••• | Gondia, Maharashtra, India |
| Digital Info Solutions Private Limited | ₹15.41 Cr (FY 2025) | •••• | •••• | 129.0% | •••• | New Delhi, Delhi, India |
| Clustrex Data Private Limited | ₹15.4 Cr (FY 2025) | •••• | •••• | 80.0% | •••• | Chennai, Tamil Nadu, India |
| Shalimar Infotech Private Limited | ₹15.4 Cr (FY 2024) | •••• | •••• | 13.0% | •••• | Mumbai, Maharashtra, India |
| Avesta Technologies Private Limited this company | ₹15.4 Cr (FY 2025) | •••• | •••• | 227.0% | •••• | Ahmedabad, Gujarat, India |
| Datamate Info Solutions Limited | ₹15.39 Cr (FY 2025) | •••• | •••• | 7.0% | •••• | Ernakulam, Kerala, India |
| Visnet Ventures Private Limited | ₹15.39 Cr (FY 2025) | •••• | •••• | -19.0% | •••• | Bangalore, Karnataka, India |
| Edstem Technologies Private Limited | ₹15.37 Cr (FY 2025) | •••• | •••• | 97.0% | •••• | Ernakulam, Kerala, India |
| Synergy Computer Solutions International Limited | ₹15.37 Cr (FY 2025) | •••• | •••• | 51.0% | •••• | Hyderabad, Telangana, India |
| Get Paz Solutions Private Limited | ₹15.37 Cr (FY 2025) | •••• | •••• | 29.0% | •••• | Pune, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Avesta Technologies by revenue in the same principal business activity (Computer programming, consultancy and related activities), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Board of Directors of Avesta Technologies Private Limited
Avesta Technologies has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mahiyar Keki Dastur Also directs: Avesta Labs LLP | Director | 12 Jun 2023 | 3 Years 4 Months | Current |
| Sanober Cavas Bomanji Also directs: Avesta Labs LLP | Director | 12 Jun 2023 | 3 Years 4 Months | Current |
Charges & Borrowings of Avesta Technologies Private Limited
Avesta Technologies Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Associated Brands with Avesta Technologies Private Limited
Avesta Technologies operates one associated brand: Avesta Technologies. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides consulting and development for cloud applications using DevOps techniques. | avestatechnologies.com |
Employees and EPFO Compliance at Avesta Technologies Private Limited
Employment history and EPFO contributions of people linked to Avesta Technologies.
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 Avesta Technologies Private Limited
Avesta Technologies Private Limited has 2 board changes on record since 2023: 2 appointments. The latest: Mahiyar Keki Dastur was appointed as Director on 12 Jun 2023.
Credit Ratings, Litigation & Regulatory Alerts for Avesta Technologies 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 Avesta Technologies 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 Avesta Technologies 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 Avesta Technologies 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 Avesta Technologies 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 Avesta Technologies Private Limited
Avesta Technologies is an active private limited company based in Ahmedabad, Gujarat, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 12 June 2023 (3+ years old) and is registered under CIN U62013GJ2023PTC142157.
Avesta Technologies reported revenue of ₹15.4 Cr for FY 2025 (up 227% YoY).
Avesta Technologies has 2 current directors:
- Mahiyar Keki Dastur - Director
- Sanober Cavas Bomanji - Director
Avesta Technologies reported a net profit of ₹3.62 Cr (net margin 23.5%) and EBITDA of ₹5.06 Cr (EBITDA margin 32.8%) for FY 2025, as per its filed financial statements.
The CIN (Corporate Identification Number) of Avesta Technologies is U62013GJ2023PTC142157. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Avesta Technologies was incorporated on 12 June 2023, making it 3+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Avesta Technologies by revenue are Humane Business Intelligence Technology Solutions Private Limited, Tiu Consulting Private Limited, Digital Info Solutions Private Limited, Clustrex Data Private Limited, Shalimar Infotech Private Limited and 5 more, all in the same principal business activity (Computer programming, consultancy and related activities).
Mahiyar Keki Dastur was appointed as Director on 12 Jun 2023. Sanober Cavas Bomanji was appointed as Director on 12 Jun 2023.
Avesta Technologies can be reached through the website avestatechnologies.com. Its registered office is in Ahmedabad, Gujarat, India.
The registered office of Avesta Technologies is at Block:A Office No. 108, Mondeal Heights, Ahmedabad, Gujarat, India – 380054.
Avesta Technologies has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh.