About Avvad Technologies Private Limited
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Avvad Technologies Private Limited is a private limited company based in Bangalore, Karnataka, India, recognised as a startup by DPIIT. It operates in the electronics retail and distribution segment of the consumer electronics and durables sector. It was incorporated on 11 June 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72900KA2019PTC125121. Its GSTIN is 29AASCA3887A1ZB (Karnataka).
The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹3 Lakh. It is led by directors including Byatappnapalya Thimmappa Mallikarjunaiah and Saurabh Srivastava.
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 No. 12 6th Cross 1st Main Maruthi Layout Dasarahalli Ha Farm Post, Bangalore, Karnataka, India – 560024.
As per the financials filed for FY 2025, the company reported a revenue of ₹34.23 Cr, a decline of 24% compared to the previous year. For the same year it recorded a net profit of ₹50.99 Lakh (net margin 1.5%) and EBITDA of ₹1.25 Cr (EBITDA margin 3.6%). Revenue has grown at a compounded annual rate (CAGR) of 14% over three years and 33% over five years.
The company has about 17 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: AVVAD. As per MCA filings, the company has open charges of ₹7 Cr and satisfied charges of ₹50 Lakh on record.
For more details, the company can be reached via its website avvad.co.in.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressNo. 12 6th Cross 1st Main Maruthi Layout Dasarahalli Ha Farm Post, Bangalore, Karnataka, India – 560024
- IndustryConsumer Electronics & Durables, Electronic Appliances Retail & Distribution
- 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
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Business Activity of Avvad Technologies Private Limited
The main business activity of Avvad Technologies is trade. In detail, this covers retail trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading | 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 Avvad Technologies Private Limited FY 2024 filings available
Avvad Technologies Private Limited reported revenue of ₹34.23 Cr (down 24% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Avvad Technologies Private Limited
Revenue fell 24% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 33%. EBITDA fell 5% 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 Avvad Technologies Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 | ₹1.25 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹50.99 Lakh | •••• | •••• | •••• | •••• |
| 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 Avvad Technologies Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 3.6% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 1.5% | •••• | •••• | •••• | •••• |
| 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 Avvad Technologies are in the company report.
Financial statements from FY 2020
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 Avvad Technologies Private Limited
Avvad Technologies Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Retail Trading). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Needs Supermart Private Limited | •••• | •••• | •••• | •••• | 13 | New Delhi, Delhi, India |
| Heimtex Retail Private Limited | •••• | •••• | •••• | •••• | - | Panipat, Haryana, India |
| PMG Distribution Private Limited | •••• | •••• | •••• | •••• | 27 | Bangalore, Karnataka, India |
| Dtalemodern Online Private Limited | •••• | •••• | •••• | •••• | - | Ernakulam, Kerala, India |
| Balaji Auto Care Private Limited | •••• | •••• | •••• | •••• | 15 | Chennai, Tamil Nadu, India |
| Avvad Technologies Private Limited this company | •••• | •••• | •••• | •••• | - | Bangalore, Karnataka, India |
| Venkatesh IT Solutions Private Limited | •••• | •••• | •••• | •••• | 41 | Kolkata, West Bengal, India |
| Pawansut Infra Developers Private Limited | •••• | •••• | •••• | •••• | 19 | Phulwari, Bihar, India |
| Samvik Power Private Limited | •••• | •••• | •••• | •••• | - | Kolkata, West Bengal, India |
| Sukhdevsons Automobiles Private Limited | •••• | •••• | •••• | •••• | 29 | Chas, Jharkhand, India |
| East India Agro Industries Pvt Ltd | •••• | •••• | •••• | •••• | 14 | Kolkata, West Bengal, India |
Peers are the five companies nearest above and the five nearest below Avvad Technologies by revenue in the same principal business activity (Retail Trading), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.
Auditor Details of Avvad Technologies Private Limited
Avvad Technologies Private Limited is audited by G Sridhar & Associates for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| G Sridhar & Associates | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Avvad Technologies Private Limited
Avvad Technologies has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Byatappnapalya Thimmappa Mallikarjunaiah | Director | 11 Jun 2019 | 7 Years 3 Months | Current |
| Saurabh Srivastava | Director | 11 Jun 2019 | 7 Years 3 Months | Current |
| Amlan Karmakar | Director | 11 Jun 2019 | 7 Years 3 Months | Current |
Ownership and Shareholding of Avvad Technologies 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 Avvad Technologies Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 26 Feb 2022 | Others | ₹7 Cr | Open |
| 30 Nov 2019 | Canara Bank | ₹50 Lakh | Satisfied |
Total charge records: 2 View all charges
Associated Brands with Avvad Technologies Private Limited
Avvad Technologies operates one associated brand: AVVAD. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Delivers end-to-end solutions in power conditioning, security, IT infrastructure, and cyber security. | avvad.co.in |
Employees and EPFO Compliance at Avvad Technologies Private Limited
Avvad Technologies Private Limited has a workforce of 17 employees as of Apr 10, 2024.
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 Avvad Technologies Private Limited
Avvad Technologies Private Limited has 3 board changes on record since 2019: 3 appointments. The latest: Amlan Karmakar was appointed as Director on 11 Jun 2019.
Credit Ratings, Litigation & Regulatory Alerts for Avvad 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 Avvad 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 Avvad 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 Avvad Technologies Private Limited
Avvad Technologies has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AASCA3887A1ZB | Karnataka | Active | 24 Jun 2019 |
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 Avvad 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 Avvad Technologies Private Limited
Avvad Technologies is an active private limited company based in Bangalore, Karnataka, India. The company works in electronic appliances retail and distribution, within the consumer electronics and durables industry. It was incorporated on 11 June 2019 (7+ years old) and is registered under CIN U72900KA2019PTC125121.
Avvad Technologies reported revenue of ₹34.23 Cr for FY 2025 (down 24% YoY).
Avvad Technologies has 3 current directors:
- Byatappnapalya Thimmappa Mallikarjunaiah - Director
- Saurabh Srivastava - Director
- Amlan Karmakar - Director
Avvad Technologies reported a net profit of ₹50.99 Lakh (net margin 1.5%) and EBITDA of ₹1.25 Cr (EBITDA margin 3.6%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Avvad Technologies is 14% over three years and 33% over five years. In the latest year (FY 2025) revenue fell 24%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Avvad Technologies is 29AASCA3887A1ZB, registered in Karnataka.
The CIN (Corporate Identification Number) of Avvad Technologies is U72900KA2019PTC125121. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Avvad Technologies was incorporated on 11 June 2019, making it 7+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Avvad Technologies by revenue are Needs Supermart Private Limited, Heimtex Retail Private Limited, PMG Distribution Private Limited, Dtalemodern Online Private Limited, Balaji Auto Care Private Limited and 5 more, all in the same principal business activity (Retail Trading).
Amlan Karmakar was appointed as Director on 11 Jun 2019. Byatappnapalya Thimmappa Mallikarjunaiah was appointed as Director on 11 Jun 2019. Saurabh Srivastava was appointed as Director on 11 Jun 2019.
Yes, Avvad Technologies is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).