About Avika Solutions Private Limited
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Avika Solutions Private Limited was a private limited company based in Pune, Maharashtra, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the application software segment of the printing and publishing sector. It was incorporated on 20 June 2013.
The company was registered with the Registrar of Companies (ROC), Pune, under CIN U72900PN2013PTC147833.
The company had an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was led by directors Rajat Kondal and Karan Singh Kharyal.
Its last annual general meeting (AGM) was held on 30 September 2016, and its latest financial statements are for the year ended 31 March 2016. The registered office was at S. No. 33/2/2 33/2/3 Zephyr Flat No. 10, Pune, Maharashtra, India – 411045.
As per the financials filed for FY 2016, the company reported a revenue of ₹15.35 Lakh, a decline of 14% compared to the previous year. For the same year it recorded a net profit of ₹73,885 (net margin 4.8%) and EBITDA of ₹1.51 Lakh (EBITDA margin 9.9%).
Court records list 1 case involving the company, including 1 filed against it.
The last known website on record is avika.in.
Company details
Contact details
Avika Solutions Private Limited's registered office is in Pune, Maharashtra. Its website is avika.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressS. No. 33/2/2 33/2/3 Zephyr Flat No. 10, Pune, Maharashtra, India – 411045
- IndustryPrinting & Publishing, Application Software, System Software, Publishing, Games, Software
To see the full contact details of Avika Solutions Private Limited, buy the company report.
- 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
Business activity
The main business activity of Avika Solutions is information and communication. In detail, this covers publishing of computer operating systems, system software, application software, games, etc..
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J2 | Publishing of computer operating systems, system software, application software, games, etc. |
To see the full business activity and turnover split of Avika Solutions Private Limited, buy the company report.
Financials of Avika Solutions Private Limited
FY 2016 filings availableAvika Solutions Private Limited reported revenue of ₹15.35 Lakh (down 14% YoY) for FY 2016.
Compounded Annual Growth Rate (CAGR)
Revenue fell 14% in the latest year. EBITDA fell 21% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ||
| Other Income | ||
| Total Revenue | ₹15.35 Lakh | |
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
| Finance Costs | ||
| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | ₹1.51 Lakh | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | ₹73,885 | |
| 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
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 9.9% | |
| Net Profit Margin | 4.8% | |
| 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 | ||
To see the full financial statements and ratios of Avika Solutions Private Limited, buy the company report.
Board of directors of Avika Solutions Private Limited
Avika Solutions has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rajat Kondal | Director | 20 Jun 2013 | 13 Years 4 Months | As last reported |
| Karan Singh Kharyal Also directs: Roundstone Technologies Private Limited | Director | 20 Jun 2013 | 13 Years 4 Months | As last reported |
Peer comparison
Avika Solutions Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (publishing of computer operating systems, system software, application software, games, etc.), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Todquest Enterprises Private Limited | ₹15.36 Lakh (FY 2023) | -89.0% | Jaipur, Rajasthan, India | |||
| Mukund Software Solutions Private Limited | ₹15.36 Lakh (FY 2024) | Hyderabad, Telangana, India | ||||
| Rostram Tekno Labs Private Limited | ₹15.36 Lakh (FY 2024) | 295.0% | Hyderabad, Telangana, India | |||
| Creativebuzz Solutions Private Limited | ₹15.36 Lakh (FY 2024) | Ghaziabad, Uttar Pradesh, India | ||||
| Oratio Lifescience Private Limited | ₹15.35 Lakh (FY 2021) | -32.0% | Vadodara, Gujarat, India | |||
| Avika Solutions Private Limitedthis company | ₹15.35 Lakh (FY 2016) | ₹73,885 | 4.8% | -14.0% | Pune, Maharashtra, India | |
| Zresta Infotech Private Limited | ₹15.32 Lakh (FY 2025) | 1.0% | Ahmedabad, Gujarat, India | |||
| Reflection Software Soluations Private Limited | ₹15.31 Lakh (FY 2016) | -10.0% | Aurangabad, Maharashtra, India | |||
| Technoskulls Innovation Center (India) Private Limited | ₹15.31 Lakh (FY 2024) | 25.0% | Hyderabad, Telangana, India | |||
| Tringo Solutions India Private Limited | ₹15.31 Lakh (FY 2020) | Mumbai, Maharashtra, India | ||||
| Manomart Computers Private Limited | ₹15.3 Lakh (FY 2020) | Delhi, India |
To see the full peer comparison of Avika Solutions Private Limited, buy the company report.
Auditor
Avika Solutions Private Limited is audited by MANOJ S MEHTA & CO for the financial year 2016.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MANOJ S MEHTA & CO | FY 2016 | 129943W |
Shareholding
The shareholding of Avika Solutions Private Limited is on record for FY 2016, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2016 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Foreign institutional investors (FII) | |
| Public | |
| Others |
To see the full shareholding pattern of Avika Solutions Private Limited, buy the company report.
Legal cases
Avika Solutions Private Limited has 1 court case on record: 1 filed against it. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ernakulam, Kerala | Execution petition | Filed against the company by Ms.Indusind Bank Ltd | Disposed |
To see the full case history of Avika Solutions Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Avika Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Avika Solutions Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Avika Solutions Private Limited has 2 board changes on record since 2013: 2 appointments. The latest: Karan Singh Kharyal was appointed as Director on 20 Jun 2013.
Frequently asked questions
Avika Solutions has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Avika Solutions was a private limited company based in Pune, Maharashtra, India. The company worked in application software, within the printing and publishing industry. It was incorporated on 20 June 2013 and is registered under CIN U72900PN2013PTC147833. The company has been struck off by the Registrar of Companies and is no longer operational.
Avika Solutions had 2 directors:
- Rajat Kondal - Director
- Karan Singh Kharyal - Director
The CIN (Corporate Identification Number) of Avika Solutions is U72900PN2013PTC147833. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Avika Solutions is at S. No. 3322 3323 Zephyr Flat No. 10, Pune, Maharashtra, India – 411045.
Avika Solutions was incorporated on 20 June 2013. It is registered with the Registrar of Companies, Pune.
Avika Solutions can be reached through the website avika.in. Its registered office is in Pune, Maharashtra, India.
The latest financial statements of Avika Solutions on record with the MCA are for the year ended 31 March 2016. Its last annual general meeting was held on 30 September 2016. Year-wise statements from 2015 are in the company report.
Avika Solutions operated in the printing and publishing industry, in the application software segment. It worked in this industry before it was struck off.
The peers of Avika Solutions by revenue are Todquest Enterprises Private Limited, Mukund Software Solutions Private Limited, Rostram Tekno Labs Private Limited, Creativebuzz Solutions Private Limited, Oratio Lifescience Private Limited and 5 more, all in the same principal business activity (publishing of computer operating systems, system software, application software, games, etc.).
Avika Solutions has 1 court case on record: 1 filed against it.