About Avista Technology Solutions Private Limited
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Avista Technology Solutions Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 02 December 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U72200MH2008PTC188589. Its GSTIN is 27AAHCA4509N1ZE (Maharashtra).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹2.81 Lakh. It is led by directors including Bhanumati Sheth Arun and Dipti Vipul Sheth.
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 603/ 6th Floor New Samadhan Chs Ltd Senapati Bapat Marg Dadar (West), Mumbai, Maharashtra, India – 400028.
As per the financials filed for FY 2025, the company reported a revenue of ₹75.23 Lakh, a decline of 67% compared to the previous year. For the same year it recorded a net profit of ₹10.38 Lakh (net margin 13.8%) and EBITDA of ₹14.64 Lakh (EBITDA margin 19.5%). Revenue has declined at a compounded annual rate (CAGR) of 25% over three years and 24% over five years.
The company is associated with 1 brand: Avista Technology Solutions.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ats360.com.
Company details
Contact details
Avista Technology Solutions Private Limited's registered office is in Mumbai, Maharashtra. Its website is ats360.com. Its e-mail address is in the company report.
- Email
- Website
- Registered Address603/ 6th Floor New Samadhan Chs Ltd Senapati Bapat Marg Dadar (West), Mumbai, Maharashtra, India – 400028
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of Avista Technology 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
Avista Technology Solutions operates one associated brand: Avista Technology Solutions. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Technology services focused on enterprise solutions for health, safety, and education domains. | ats360.com |
Business activity
The main business activity of Avista Technology Solutions is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | 62 | Computer programming, consultancy and related activities |
To see the full business activity and turnover split of Avista Technology Solutions Private Limited, buy the company report.
Financials of Avista Technology Solutions Private Limited
FY 2025 filings availableAvista Technology Solutions Private Limited reported revenue of ₹75.23 Lakh (down 67% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 24% over five years, including a 67% fall in the latest year. EBITDA fell 90% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹14.64 Lakh | ||||
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| Net Profit (PAT) | ₹10.38 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA Margin | 19.5% | ||||
| Net Profit Margin | 13.8% | ||||
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To see the full financial statements and ratios of Avista Technology Solutions Private Limited, buy the company report.
Board of directors of Avista Technology Solutions Private Limited
Avista Technology Solutions has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Bhanumati Sheth Arun | Director | 02 Dec 2008 | 17 Years 10 Months | Current |
| Dipti Vipul Sheth Also directs: Avista Information Systems LLP | Director | 04 Feb 2020 | 6 Years 8 Months | Current |
| Vipul Arunkumar Sheth Also directs: Avista Information Systems LLP | Additional Director | 09 May 2024 | 2 Years 5 Months | Current |
Peer comparison
Avista Technology Solutions Private Limited is compared with the 3 companies closest to it by revenue in the Information Technology industry (Application Development), with the same principal business activity (computer programming, consultancy and related activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Biztran Solutions Private Limited | ₹75.41 Lakh (FY 2025) | 5.0% | Mumbai, Maharashtra, India | |||
| Avista Technology Solutions Private Limitedthis company | ₹75.23 Lakh (FY 2025) | ₹10.38 Lakh | 13.8% | -67.0% | Mumbai, Maharashtra, India | |
| Software Smiths Infotech (India) Private Limited | ₹75.23 Lakh (FY 2025) | 75.0% | Mumbai, Maharashtra, India | |||
| Spirehub Softwares Private Limited | ₹75.22 Lakh (FY 2024) | Noida, Uttar Pradesh, India |
To see the full peer comparison of Avista Technology Solutions Private Limited, buy the company report.
Auditor
Avista Technology Solutions Private Limited is audited by HEGDE & ASSOCIATES for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| HEGDE & ASSOCIATES | FY 2019 | 103610W |
Shareholding
The shareholding of Avista Technology Solutions Private Limited is on record for 3 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
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| Others |
To see the full shareholding pattern of Avista Technology Solutions Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Avista Technology Solutions Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Avista Technology Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Avista Technology Solutions has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAHCA4509N1ZE | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Avista Technology Solutions Private Limited, buy the company report.
Recent activity
Avista Technology Solutions Private Limited has 6 board changes on record since 2008: 3 appointments and 3 cessations. The latest: Vipul Arunkumar Sheth was appointed as Additional Director on 09 May 2024.
Frequently asked questions
Avista Technology Solutions is an active private limited company based in Mumbai, Maharashtra, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 02 December 2008 (18+ years old) and is registered under CIN U72200MH2008PTC188589.
Avista Technology Solutions has 3 current directors:
- Bhanumati Sheth Arun - Director
- Dipti Vipul Sheth - Director
- Vipul Arunkumar Sheth - Additional Director
The latest financial statements of Avista Technology Solutions on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Avista Technology Solutions is 27AAHCA4509N1ZE, registered in Maharashtra.
The CIN (Corporate Identification Number) of Avista Technology Solutions is U72200MH2008PTC188589. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Avista Technology Solutions was incorporated on 02 December 2008, making it 18+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Avista Technology Solutions by revenue are Biztran Solutions Private Limited, Software Smiths Infotech (India) Private Limited, Spirehub Softwares Private Limited, all in the Information Technology industry (Application Development), with the same principal business activity (computer programming, consultancy and related activities).
Vipul Arunkumar Sheth was appointed as Additional Director on 09 May 2024. Dipti Vipul Sheth ceased to be Additional Director on 31 Dec 2020. Ronak Atul Modi ceased to be Director on 02 Mar 2020. Avista Technology Solutions has 6 board changes on record in total.
Avista Technology Solutions can be reached through the website ats360.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Avista Technology Solutions is at 603 6th Floor New Samadhan Chs Ltd Senapati Bapat Marg Dadar West, Mumbai, Maharashtra, India – 400028.
Avista Technology Solutions operates in the information technology industry, in the IT consulting and support services segment.