Avxellence Technologies Private Limited

Avxellence Technologies Private Limited - e-commerce in Pune, Maharashtra, India. FY 2026 financials & compliance.
CIN U51909PN2017PTC169242 Incorporated 06 March 2017 ROC Pune HQ Pune, Maharashtra, India
Active Private Limited Company e-commerce DPIIT Startup MSME · Small
Data last updated
Revenue · FY 2025
₹16.92 Cr
▲ 2% YoY
Net profit · FY 2025
₹19.91 Lakh
Net margin 1.2%
EBITDA · FY 2025
-₹1.56 Cr
EBITDA margin -9.2%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹1.2 Cr
Secured borrowings
Company age
9 yrs
Est. 2017
Directors on board
5
As per MCA filings

About Avxellence Technologies Private Limited

Data last updated:

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

CIN U51909PN2017PTC169242
Registration Number 169242
Incorporation Date 06 March 2017
ROC Pune
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
DPIIT Recognition Recognised Startup
MSME Classification Small
Udyam Registration UDYAM-MH-26-0044985

Recognitions & Rankings of Avxellence Technologies

DPIIT recognised startup Government of India
Startup India
MSME (Udyam registered) Ministry of MSME
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 Address
    347/A – 2 Tadiawala Road G – 21 Akshay Complex, Pune, Maharashtra, India – 411001
  • Industry
    E-Commerce, Online Electronics Retail

To see the full contact details of Avxellence Technologies Private Limited, buy the company report.

Comprehensive company report
Avxellence Technologies Private Limited - one report that includes everything
  • 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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Brands

Avxellence Technologies operates one associated brand: AVStore. Each brand links to its own profile.

BrandDescriptionWebsite
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 codeMain activityBusiness activity codeBusiness activityShare of turnover
GTradeG1Wholesale 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 available

Avxellence Technologies Private Limited reported revenue of ₹16.92 Cr (up 2% YoY) for FY 2025.

Revenue · FY 2025
₹16.92 Cr ▲ 2%
Net profit · FY 2025
₹19.91 Lakh margin 1.2%
EBITDA · FY 2025
-₹1.56 Cr margin -9.2%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 2%
3 years · compounded
▲ 5%
5 years · compounded
▲ 19%

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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue₹16.92 Cr
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA-₹1.56 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹19.91 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin-9.2%
Net Profit Margin1.2%
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 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.

Current Directors
NameDesignationAppointment DateTenureStatus
Anand Nanik LullaDirector06 Mar 20179 Years 7 MonthsCurrent
Chandani Nanik LullaDirector06 Mar 20179 Years 7 MonthsCurrent
Aakash Anand LullaDirector07 Dec 20223 Years 10 MonthsCurrent
Nanik Menghraj LullaDirector06 Mar 20179 Years 7 MonthsCurrent
Minaal Anand LullaDirector06 Mar 20179 Years 7 MonthsCurrent

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.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
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 Lakh1.2%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 firmFinancial yearFirm registration number
Agrawal Dhand Motwani & Co.FY 2024002824C

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 categoryFY 2025FY 2024FY 2023FY 2022FY 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

Open charges
₹1.2 Cr
Satisfied charges
None
Breakdown by lending institutions
Others₹0.75 Cr
Hdfc Bank Limited₹0.45 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
31 Jul 2025101159781Others₹75 LakhOpen
04 Nov 2024101022478Hdfc Bank Limited₹40 LakhOpen
29 Jun 2021100481853Hdfc Bank Limited₹5.47 LakhOpen

Total charge records: 3 View all charges

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.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
27AAPCA2686Q1ZQMaharashtraActive09 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.

AGM
Avxellence Technologies Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge with Others amounted to Rs. 75.00 Lakh with Charge ID 101159781 was registered on 31 Jul 2025.
Filing
Avxellence Technologies Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Pune.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 40.00 Lakh with Charge ID 101022478 was registered on 04 Nov 2024.
Ceased
Aakash Anand Lulla ceased to be Additional Director.
Appointed
Aakash Anand Lulla was appointed as Director.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 5.47 Lakh with Charge ID 100481853 was registered on 29 Jun 2021.
Appointed
Anand Nanik Lulla was appointed as Director.
Appointed
Chandani Nanik Lulla was appointed as Director.
Appointed
Minaal Anand Lulla was appointed as Director.
Appointed
Nanik Menghraj Lulla was appointed as Director.
Incorporation
06 Mar 2017
Avxellence Technologies Private Limited was registered on 06 Mar 2017 with Roc Pune & aged 9 years 7 months as per MCA records.

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:

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.