AVANTEL LIMITED
OVERVIEW - AVANTEL LIMITED
Avantel Limited is a listed public company incorporated on 30 May, 1990. It is classified as a public limited company and is located in Vishakhapatnam, Andhra Pradesh. It's authorized share capital is INR 60.00 cr and the total paid-up capital is INR 48.65 cr.
Avantel Limited's operating revenues range is INR 100 cr - 500 cr for the financial year ending on 31 March, 2022. It's EBITDA has increased by 25.17 % over the previous year. At the same time, it's book networth has increased by 26.39 %. Other performance and liquidity ratios are available here.
Description: The company manufactures and sells telecom products and related services, customized solutions for INSAT based mobile satellite services with technologies for military applications, as well as two-way voice/data terminals,real time train information system,wireless communication products and solutions.
Products & Services: customized solutions for INSAT based mobile satellite services, two-way voice/data terminals for use on ships, strategic vehicles, submarines, aircraft, torpedos, etc, real time train information system, wireless communication products and solutions, which include radar subsystems, such as T/R modules, exciters, DTCSG, MTCSG, distribution units, develops applications that include ERP for SME, NMS
The current status of Avantel Limited is - Active.
The last reported AGM (Annual General Meeting) of Avantel Limited, per our records, was held on 23 June, 2023.
Avantel Limited has nine directors - Vidyasagar Abburi, Abburi Sarada, and others.
The Corporate Identification Number (CIN) of Avantel Limited is L72200AP1990PLC011334. The registered office of Avantel Limited is at Sy No.141,Plot No.47/P, APIIC Industrial Park, Gambheeram(, V), Anandapuram (M), NA, Vishakhapatnam, Andhra Pradesh.
REGISTERED DETAILS - AVANTEL LIMITED
CIN
L72200AP1990PLC011334
Incorporation Date / Age
30 May, 1990 / 34 yrs
Last Reported AGM Date
23 June, 2023
Authorized Capital
INR 6000.0 Lacs
Paidup Capital
INR 4865.3916 Lacs
industry*
Computer Related Services
type
Listed Public Company
category
Company limited by Shares
subcategory
Non-govt company
Email Address
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Website
http://www.avantel.in. (Incorrect website?)
Registered Address
Sy No.141,Plot No.47/P, APIIC Industrial Park, Gambheeram(
V), Anandapuram (M), NA
Vishakhapatnam - 531163
Andhra Pradesh - India
FINANCIAL HIGHLIGHTS - AVANTEL LIMITED
| Operating Revenue | INR 100 cr - 500 cr |
| EBITDA | 25.17 % |
| Networth | 26.39 % |
| Debt/Equity Ratio | 0.15 |
| Return on Equity | 22.91 % |
* Company has reported to have approved financials for 31 March, 2023. However, in case, they are not available at MCA because of non-filing or damage, then we will provide the latest financials downloadable from MCA.
Directors - AVANTEL LIMITED
The company has 9 directors and 2 reported key management personnel.
The longest serving director currently on board is Vidyasagar Abburi who was appointed on 01 April, 2007. Vidyasagar Abburi has been on the board for more than 17 years. The most recently appointed directors are Harita Vasireddi and Ajit Tavanappa Kalghatgi, who were appointed on 06 March, 2024.
Abburi Sarada has the largest number of other directorships with a seat at a total of 4 companies. In total, the company is connected to 12 other companies through its directors.
| NAME | DESIGNATION | APPOINTMENT DATE | |
|---|---|---|---|
| VIDYASAGAR ABBURI | Director | 01 April, 2007 | View other directorships |
| ABBURI SARADA | KMP | 14 May, 2014 | No other directorships |
| ABBURI SARADA | Director | 14 May, 2014 | View other directorships |
| HARITA VASIREDDI | Director | 06 March, 2024 | View other directorships |
| MYNENI NARAYANA RAO | Director | 13 February, 2016 | View other directorships |
| YALAMANCHILI KISHORE | Director | 30 April, 2011 | No other directorships |
| ABBURI SIDDHARTHA SAGAR | Director | 01 March, 2021 | View other directorships |
| NAVEEN NANDIGAM | Director | 30 October, 2010 | View other directorships |
| RAMCHANDER VYASABHATTU | Director | 06 May, 2022 | View other directorships |
| AJIT TAVANAPPA KALGHATGI | Director | 06 March, 2024 | View other directorships |
| RAJASEKHARA REDDY DONDETI | KMP | 21 October, 2022 | No other directorships |
Previous Names
| AVANTEL COMMUNICATIONS PRIVATE LIMITED |
| AVANTEL SOFTECH LIMITED |
Previous CINs
| No previous CINs were found for this company. |
SIMILAR COMPANIES
| NAME | INCORPORATION YEAR | STATE | PAID UP CAPITAL | |
|---|---|---|---|---|
|
KELLTON TECH SOLUTIONS LIMITED
It was formed in year 1993 in Telangana . The company currently has a paid up capital of INR 48.70 cr.
|
1993 | Telangana | 48.70 cr | Buy financial reports |
|
SANKHYA INFOTECH LIMITED
It was formed in year 1997 in Telangana . The company currently has a paid up capital of INR 48.59 cr.
|
1997 | Telangana | 48.59 cr | Buy financial reports |
|
ECLERX SERVICES LIMITED
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|
2000 | Maharashtra | 49.03 cr | Buy financial reports |
|
EMERSON AUTOMATION SOLUTIONS INTELLIGENT PLATFORMS PRIVATE LIMITED
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|
1997 | Karnataka | 49.36 cr | Buy financial reports |
|
ATTUNE TECHNOLOGIES PRIVATE LIMITED
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|
2008 | Tamil Nadu | 49.43 cr | Buy financial reports |
|
BANGO 22 INDIA PRIVATE LIMITED
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2013 | Haryana | 47.61 cr | Buy financial reports |
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AARMAN SOLUTIONS PRIVATE LIMITED
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|
2021 | Maharashtra | 50.01 cr | Buy financial reports |
|
RANKGURU TECHNOLOGY SOLUTIONS PRIVATE LIMITED
It was formed in year 2018 in Telangana . The company currently has a paid up capital of INR 50.01 cr.
|
2018 | Telangana | 50.01 cr | Buy financial reports |
|
BOTREE SOFTWARE INTERNATIONAL PRIVATE LIMITED
It was formed in year 2008 in Tamil Nadu . The company currently has a paid up capital of INR 50.35 cr.
|
2008 | Tamil Nadu | 50.35 cr | Buy financial reports |
|
TECHNA INFRASTRUCTURE PRIVATE LIMITED
It was formed in year 1997 in West Bengal . The company currently has a paid up capital of INR 51.13 cr.
|
1997 | West Bengal | 51.13 cr | Buy financial reports |
SUBSIDIARY COMPANIES
No Indian subsidiary companies found.
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