Avenue Technologies Private Limited
About Avenue Technologies Private Limited
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Avenue Technologies Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Magus Estate And Hotes Pte Limited. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 25 August 2000 and has been in existence for over 26 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U72200MH2000PTC128445. Its GSTIN is 27AACCA8293N1Z2 (Maharashtra).
The company has an authorised share capital of ₹1.2 Cr and a paid-up capital of ₹1.15 Cr. It is led by directors including Shashi Rajkumar Jatia and Adarsh Rajkumar Jatia.
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 Plot No. 114 Dr. E. Moses Road Worli Mumbai – 400 018, Maharashtra, India – 400018.
As per the financials filed for FY 2025, the company reported a revenue of ₹15.56 Lakh, a decline of 84% compared to the previous year. For the same year it recorded a net profit of ₹11.6 Lakh (net margin 74.5%) and EBITDA of ₹15.32 Lakh (EBITDA margin 98.4%). Revenue has declined at a compounded annual rate (CAGR) of 52% over three years and 17% over five years.
Court records list 1 case involving the company, including 1 filed against it; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Avenue Technologies Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressPlot No. 114 Dr. E. Moses Road Worli Mumbai – 400 018, Maharashtra, India – 400018
- IndustryInformation Technology, Application Development & Software Solutions
To see the full contact details of Avenue 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
Financials of Avenue Technologies Private Limited
FY 2025 filings availableAvenue Technologies Private Limited reported revenue of ₹15.56 Lakh (down 84% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 17% over five years, including a 84% fall in the latest year. EBITDA fell 57% 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 | ₹15.32 Lakh | ||||
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| Net Profit (PAT) | ₹11.6 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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| Profitability | |||||
| EBITDA Margin | 98.4% | ||||
| Net Profit Margin | 74.5% | ||||
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To see the full financial statements and ratios of Avenue Technologies Private Limited, buy the company report.
Board of directors of Avenue Technologies Private Limited
Avenue Technologies has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shashi Rajkumar Jatia | Director | 25 Aug 2000 | 26 Years 2 Months | Current |
| Adarsh Rajkumar Jatia | Director | 25 Aug 2000 | 26 Years 2 Months | Current |
| Rajkumar Subhkaran Jatia Also directs: Provenance Land Private Limited, Plash Food LLP | Director | 25 Aug 2000 | 26 Years 2 Months | Current |
Peer comparison
Avenue Technologies Private Limited is compared with the 10 companies closest to it by revenue in the Information Technology industry (Application Development), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Agaze Technologies Private Limited | ₹15.64 Lakh (FY 2025) | -28.0% | Bangalore, Karnataka, India | |||
| Eastmiles Technologies Private Limited | ₹15.6 Lakh (FY 2024) | 680.0% | Bhubaneswar, Odisha, India | |||
| Buddhi Software Technologies Private Limited | ₹15.6 Lakh (FY 2022) | Secunderabad, Telangana, India | ||||
| Mobigraph Solutions India Private Limited | ₹15.58 Lakh (FY 2021) | -97.0% | Komarapalayam, Tamil Nadu, India | |||
| Pisat Udyog Private Limited | ₹15.58 Lakh (FY 2024) | 186.0% | Mumbai, Maharashtra, India | |||
| Avenue Technologies Private Limitedthis company | ₹15.56 Lakh (FY 2025) | ₹11.6 Lakh | 74.5% | -84.0% | Mumbai, Maharashtra, India | |
| Techscooper Private Limited | ₹15.56 Lakh (FY 2025) | Kolkata, West Bengal, India | ||||
| Vdefine IT Solutions Limited | ₹15.53 Lakh (FY 2024) | 589.0% | Bangalore, Karnataka, India | |||
| Impact Studio Private Limited. | ₹15.51 Lakh (FY 2025) | 251.0% | New Delhi, Delhi, India | |||
| Parth Infosystems Private Limited | ₹15.51 Lakh (FY 2021) | -34.0% | Uttar Pradesh, India | |||
| Bricstal Private Limited | ₹15.5 Lakh (FY 2023) | Bengaluru, Karnataka, India |
To see the full peer comparison of Avenue Technologies Private Limited, buy the company report.
Auditor
Avenue Technologies Private Limited is audited by SUSHIL BUDHIA ASSOCIATES for the financial year 2015.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SUSHIL BUDHIA ASSOCIATES | FY 2015 | 113995W |
Shareholding
The shareholding of Avenue Technologies Private Limited is on record for 3 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Avenue Technologies Private Limited, buy the company report.
Legal cases
Avenue Technologies Private Limited has 1 court case on record: 1 filed against it. All case is pending.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 1 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, South West, Delhi | Court case (CR CRIMINAL REVISION) | Filed against the company by M/S Ultimate Network Solutions Pvt. Ltd. | Pending |
To see the full case history of Avenue Technologies 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 Avenue Technologies Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Avenue Technologies has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCA8293N1Z2 | Maharashtra | Active | 23 Nov 2019 |
To see the full GST registrations and return filing status of Avenue Technologies Private Limited, buy the company report.
Recent activity
Avenue Technologies Private Limited has 3 board changes on record since 2000: 3 appointments. The latest: Adarsh Rajkumar Jatia was appointed as Director on 25 Aug 2000.
Frequently asked questions
Avenue Technologies is an active private limited company based in Mumbai, Maharashtra, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 25 August 2000 (26+ years old) and is registered under CIN U72200MH2000PTC128445.
Avenue Technologies has 3 current directors:
- Shashi Rajkumar Jatia - Director
- Adarsh Rajkumar Jatia - Director
- Rajkumar Subhkaran Jatia - Director
The latest financial statements of Avenue 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 2015 are in the company report.
The GSTIN of Avenue Technologies is 27AACCA8293N1Z2, registered in Maharashtra.
The CIN (Corporate Identification Number) of Avenue Technologies is U72200MH2000PTC128445. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Avenue Technologies has 1 court case on record: 1 filed against it. 1 is pending.
Avenue Technologies was incorporated on 25 August 2000, making it 26+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Avenue Technologies by revenue are Agaze Technologies Private Limited, Eastmiles Technologies Private Limited, Buddhi Software Technologies Private Limited, Mobigraph Solutions India Private Limited, Pisat Udyog Private Limited and 5 more, all in the Information Technology industry (Application Development).
Adarsh Rajkumar Jatia was appointed as Director on 25 Aug 2000. Rajkumar Subhkaran Jatia was appointed as Director on 25 Aug 2000. Shashi Rajkumar Jatia was appointed as Director on 25 Aug 2000.
The registered office of Avenue Technologies is at Plot No. 114 Dr. E. Moses Road Worli Mumbai – 400 018, Maharashtra, India – 400018.
Avenue Technologies operates in the information technology industry, in the application development and software solutions segment.
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