About Avise Business Solutions Private Limited
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Avise Business Solutions Private Limited is a private limited company based in Kolkata, West Bengal, India. It operates in the business process outsourcing sector. It was incorporated on 21 July 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U72900WB2016PTC216724. Its GSTIN is 19AAOCA6205G1ZM (West Bengal).
The company has an authorised share capital of ₹20 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Arun Kumar Jha and Sunil Chowdhury.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Chinarpark, Kolkata, West Bengal.
As per the financials filed for FY 2024, the company reported a revenue of ₹23.22 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹8.94 Lakh (net margin 0.4%) and EBITDA of ₹12.08 Lakh (EBITDA margin 0.5%). Revenue has grown at a compounded annual rate (CAGR) of 513% over three years and 126% over five years.
The company is associated with 1 brand: Avise Business Solutions. Court records list 2 cases involving the company, including 2 filed by the company.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website avisebusiness.com.
Company details
Contact details
Avise Business Solutions Private Limited's registered office is in Kolkata, West Bengal. Its website is avisebusiness.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressC/O Mousumi De Prantick, Appt. Chinarpark Taghoria, Kolkata, West Bengal, India – 700157
- IndustryBusiness Outsourcing, Business Process Outsourcing
To see the full contact details of Avise Business 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
Brands
Avise Business Solutions operates one associated brand: Avise Business Solutions. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides software development, cloud solutions, and IT consulting for businesses. | avisebusiness.com |
Business activity
The main business activity of Avise Business Solutions is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Avise Business Solutions Private Limited, buy the company report.
Financials of Avise Business Solutions Private Limited
FY 2024 filings availableAvise Business Solutions Private Limited reported revenue of ₹23.22 Cr (up 518% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 126% over five years, including 518% growth in the latest year. EBITDA rose 273% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹12.08 Lakh | ||||
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| Net Profit (PAT) | ₹8.94 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 0.5% | ||||
| Net Profit Margin | 0.4% | ||||
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To see the full financial statements and ratios of Avise Business Solutions Private Limited, buy the company report.
Board of directors of Avise Business Solutions Private Limited
Avise Business Solutions has 2 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Arun Kumar Jha Also directs: World Track Garments Private Limited, B.T.B.I Private Limited | Director | 01 Sep 2022 | 4 Years 2 Months | Current |
| Sunil Chowdhury Also directs: Sajhuarwale Trading LLP, World Track Garments Private Limited, TDML Services Private Limited and 1 more | Director | 01 Sep 2022 | 4 Years 2 Months | Current |
Peer comparison
Avise Business Solutions Private Limited is compared with the 5 companies closest to it by revenue in the Consumer Products industry (Footwear Retail and Distribution, Textile Retail and Distribution), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Titu and Mahendra Tex Private Limited | ₹23.23 Cr (FY 2021) | -58.0% | Surat, Gujarat, India | |||
| Avise Business Solutions Private Limitedthis company | ₹23.22 Cr (FY 2024) | ₹8.94 Lakh | 0.4% | 518.0% | Kolkata, West Bengal, India | |
| Lalwani Traders Private Limited | ₹23.21 Cr (FY 2025) | 11.0% | Jabalpur, Madhya Pradesh, India | |||
| Maxgrow Textile Private Limited | ₹23.15 Cr (FY 2018) | -58.0% | Kolkata, West Bengal, India | |||
| Prakash Polyflex Private Limited | ₹23.07 Cr (FY 2024) | -8.0% | Bangalore, Karnataka, India | |||
| Gulnar Dresses Private Limited | ₹23.04 Cr (FY 2025) | -2.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Avise Business Solutions Private Limited, buy the company report.
Auditor
Avise Business Solutions Private Limited is audited by SINGHANIA RAJ & ASSOCIATES for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SINGHANIA RAJ & ASSOCIATES | FY 2020 | 324802E |
Shareholding
The shareholding of Avise Business Solutions Private Limited is on record for 4 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Avise Business Solutions Private Limited, buy the company report.
Legal cases
Avise Business Solutions Private Limited has 2 court cases on record: 2 filed by Avise Business Solutions. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 0 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, ANDHRAPRADESH | Appeal | Filed by the company against The State of Andhra Pradesh and 5 others | Disposed |
| High Court, ANDHRAPRADESH | Writ petition | Filed by the company against The State of Ap and 5 others | Disposed |
To see the full case history of Avise Business 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 Avise Business Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Avise Business Solutions has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 19AAOCA6205G1ZM | West Bengal | Active | 26 Jul 2017 |
To see the full GST registrations and return filing status of Avise Business Solutions Private Limited, buy the company report.
Recent activity
Avise Business Solutions Private Limited has 8 board changes on record since 2017: 2 appointments and 6 cessations. The latest: Rajesh Agarwal ceased to be Director on 16 Jan 2023.
Frequently asked questions
Avise Business Solutions is an active private limited company based in Kolkata, West Bengal, India. The company works in business process outsourcing, within the business outsourcing industry. It was incorporated on 21 July 2016 (10+ years old) and is registered under CIN U72900WB2016PTC216724.
Avise Business Solutions has 2 current directors:
- Arun Kumar Jha - Director
- Sunil Chowdhury - Director
The latest financial statements of Avise Business Solutions on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2017 are in the company report.
The GSTIN of Avise Business Solutions is 19AAOCA6205G1ZM, registered in West Bengal.
The CIN (Corporate Identification Number) of Avise Business Solutions is U72900WB2016PTC216724. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Avise Business Solutions has 2 court cases on record: 2 filed by the company.
Avise Business Solutions was incorporated on 21 July 2016, making it 10+ years old. It is registered with the Registrar of Companies, Kolkata.
The peers of Avise Business Solutions by revenue are Titu and Mahendra Tex Private Limited, Lalwani Traders Private Limited, Maxgrow Textile Private Limited, Prakash Polyflex Private Limited, Gulnar Dresses Private Limited, all in the Consumer Products industry (Footwear Retail and Distribution, Textile Retail and Distribution), with the same principal business activity (wholesale trading).
Rajesh Agarwal ceased to be Director on 16 Jan 2023. Vikash Agarwal ceased to be Director on 16 Jan 2023. Arun Kumar Jha ceased to be Additional Director on 30 Sep 2022. Avise Business Solutions has 8 board changes on record in total.
Avise Business Solutions can be reached through the website avisebusiness.com. Its registered office is in Kolkata, West Bengal, India.
The registered office of Avise Business Solutions is at CO Mousumi De Prantick, Appt. Chinarpark Taghoria, Kolkata, West Bengal, India – 700157.
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