
About Avxellence Technologies Private Limited
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Avxellence Technologies Private Limited is a private limited company based in Pune, Maharashtra, India, recognised as a startup by DPIIT. It operates in the online electronics retail segment of the e-commerce sector. It was incorporated on 06 March 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U51909PN2017PTC169242. Its GSTIN is 27AAPCA2686Q1ZQ (Maharashtra).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Anand Nanik Lulla and Chandani Nanik Lulla.
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 347/A – 2 Tadiawala Road G – 21 Akshay Complex, Pune, Maharashtra, India – 411001.
As per the financials filed for FY 2025, the company reported a revenue of ₹16.92 Cr, a growth of 2% compared to the previous year. For the same year it recorded a net profit of ₹19.91 Lakh (net margin 1.2%) and EBITDA of -₹1.56 Cr (EBITDA margin -9.2%). Revenue has grown at a compounded annual rate (CAGR) of 5% over three years and 19% over five years.
The company is associated with 1 brand: AVStore. As per MCA filings, the company has open charges of ₹1.2 Cr on record.
Avxellence Technologies Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-26-0044985). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website avstore.in.
Company details
Recognitions & Rankings of Avxellence Technologies
- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-26-0044985
Contact details
Avxellence Technologies Private Limited's registered office is in Pune, Maharashtra. Its website is avstore.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address347/A – 2 Tadiawala Road G – 21 Akshay Complex, Pune, Maharashtra, India – 411001
- IndustryE-Commerce, Online Electronics Retail
To see the full contact details of Avxellence Technologies 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
Avxellence Technologies operates one associated brand: AVStore. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Retailing of audio-visual equipment and home entertainment systems in India. | avstore.in |
Business activity
The main business activity of Avxellence Technologies 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 Avxellence Technologies Private Limited, buy the company report.
Financials of Avxellence Technologies Private Limited
FY 2025 filings availableAvxellence Technologies Private Limited reported revenue of ₹16.92 Cr (up 2% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 19% over five years, including 2% growth 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹16.92 Cr | ||||
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| Total Expenses | |||||
| EBITDA | -₹1.56 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹19.91 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -9.2% | ||||
| Net Profit Margin | 1.2% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Avxellence Technologies Private Limited, buy the company report.
Board of directors of Avxellence Technologies Private Limited
Avxellence Technologies has 5 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Anand Nanik Lulla | Director | 06 Mar 2017 | 9 Years 7 Months | Current |
| Chandani Nanik Lulla | Director | 06 Mar 2017 | 9 Years 7 Months | Current |
| Aakash Anand Lulla | Director | 07 Dec 2022 | 3 Years 10 Months | Current |
| Nanik Menghraj Lulla | Director | 06 Mar 2017 | 9 Years 7 Months | Current |
| Minaal Anand Lulla | Director | 06 Mar 2017 | 9 Years 7 Months | Current |
Peer comparison
Avxellence Technologies Private Limited is compared with the 3 companies closest to it by revenue in the Ecommerce and Internet industry (Electronic Goods), 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 |
|---|---|---|---|---|---|---|
| Sr Integrated Circuit India Private Limited | ₹17.15 Cr (FY 2025) | 2.0% | Bangalore, Karnataka, India | |||
| Avxellence Technologies Private Limitedthis company | ₹16.92 Cr (FY 2025) | ₹19.91 Lakh | 1.2% | 2.0% | Pune, Maharashtra, India | |
| Mak Cellphones Private Limited | ₹16.44 Cr (FY 2025) | 50.0% | New Delhi, Delhi, India | |||
| Technocat Lifestyle Private Limited | ₹16.23 Cr (FY 2025) | 35.0% | Delhi, India |
To see the full peer comparison of Avxellence Technologies Private Limited, buy the company report.
Auditor
Avxellence Technologies Private Limited is audited by Agrawal Dhand Motwani & Co. for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Agrawal Dhand Motwani & Co. | FY 2024 | 002824C |
Shareholding
The shareholding of Avxellence Technologies Private Limited is on record for 5 financial years, the latest being FY 2025, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Avxellence Technologies Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 31 Jul 2025 | 101159781 | Others | ₹75 Lakh | Open | |
| 04 Nov 2024 | 101022478 | Hdfc Bank Limited | ₹40 Lakh | Open | |
| 29 Jun 2021 | 100481853 | Hdfc Bank Limited | ₹5.47 Lakh | Open |
Total charge records: 3 View all charges
Legal cases
No court or tribunal cases involving Avxellence Technologies 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 Avxellence Technologies Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Avxellence Technologies has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAPCA2686Q1ZQ | Maharashtra | Active | 09 Jul 2017 |
To see the full GST registrations and return filing status of Avxellence Technologies Private Limited, buy the company report.
Recent activity
Avxellence Technologies Private Limited has 6 board changes on record since 2017: 5 appointments and 1 cessation. The latest: Aakash Anand Lulla ceased to be Additional Director on 29 Sep 2023.
Frequently asked questions
Avxellence Technologies is an active private limited company based in Pune, Maharashtra, India. The company works in online electronics retail, within the e-commerce industry. It was incorporated on 06 March 2017 (9+ years old) and is registered under CIN U51909PN2017PTC169242.
Avxellence Technologies has 5 current directors:
- Anand Nanik Lulla - Director
- Chandani Nanik Lulla - Director
- Aakash Anand Lulla - Director
- Nanik Menghraj Lulla - Director
- Minaal Anand Lulla - Director
The latest financial statements of Avxellence Technologies 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 FY 2017 are in the company report.
The GSTIN of Avxellence Technologies is 27AAPCA2686Q1ZQ, registered in Maharashtra.
The CIN (Corporate Identification Number) of Avxellence Technologies is U51909PN2017PTC169242. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Avxellence Technologies was incorporated on 06 March 2017, making it 9+ years old. It is registered with the Registrar of Companies, Pune.
The peers of Avxellence Technologies by revenue are Sr Integrated Circuit India Private Limited, Mak Cellphones Private Limited, Technocat Lifestyle Private Limited, all in the Ecommerce and Internet industry (Electronic Goods), with the same principal business activity (wholesale trading).
Aakash Anand Lulla ceased to be Additional Director on 29 Sep 2023. Aakash Anand Lulla was appointed as Director on 07 Dec 2022. Anand Nanik Lulla was appointed as Director on 06 Mar 2017. Avxellence Technologies has 6 board changes on record in total.
Yes, Avxellence Technologies is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Avxellence Technologies is registered as a small enterprise under Udyam registration (number: UDYAM-MH-26-0044985).
Avxellence Technologies can be reached through the website avstore.in. Its registered office is in Pune, Maharashtra, India.