Avance - Company overview

Avance (legal name: Avance Technologies Limited) is an MCA-registered Indian company: a Public Limited Indian Non-Government Company (CIN L5…

1985-01-30 Goregaon East, Maharashtra Active Listed Active Compliant
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AV Avance

Key Metrics Public MCA facts are exact. Revenue, profit, assets, and employee figures may show as ranges until unlocked.

REVENUE
₹25–50 Cr
▲ 164.9%
FY 2023
PROFIT / LOSS
₹10–50 Lakh
▲ 165.9%
FY 2023
EBITDA
₹10–50 Lakh
▲ 177.7%
FY 2023
NET WORTH
₹100–500 Cr
▲ 0.1%
FY 2023
TOTAL ASSETS
₹100–500 Cr
▲ 1.8%
FY 2023
OPEN CHARGES
1
-152.80 cr
PAID-UP CAPITAL
198.19 cr
AUTHORISED CAPITAL
65.00 cr
COMPANY AGE
41 Years 7 Months
since 1985-01-30
LAST FILING WITH ROC
2025-03-31
Last AGM: 2025-09-29
ACTIVE GST
1
Updated: 2023-11-16 18:09:29
TOTAL MONEY RAISED
₹100–500 Cr
SATISFIED CHARGES
2
152.95 cr

Company Health Scores Scores from 0–100 based on filings, compliance signals, financials, and board history on this profile.

Health scores for Avance covering vendor trust, statutory compliance, financial health and director risk - derived from MCA filings, GST and EPFO records, financial statements and the company's board history.

Vendor Trust Score Moderate
68/100
Overall counterparty comfort for vendors and customers.
  • Blend of compliance (56), financial health (85), director (45) and company-foundation signals.
  • Operating for 41+ years.
Compliance Score Moderate
56/100
Statutory filings, status and regulatory flags.
  • Company status is Active as per MCA.
  • Annual filings up to date (balance sheet as of Mar 2025).
Financial Health Score Low risk
85/100
Profitability, leverage and liquidity from filed statements.
  • Profitable in FY 2023.
  • Positive net worth.
Director Risk Score High risk
45/100
Board strength, DIN status and churn.
  • 10 directors on the board.
  • Director DEEPAK YALLAPPA MANE has DIN status "Deactivated".
Scores are derived from MCA filings, financial statements and public records on this page. Higher is safer. They are indicative, not a credit rating.
360° Intelligence Report: trust score, financial health, credit risk, growth & distress signals - auto-generated from filings. View report →

About Avance Company identity, industry, contact, and registration details from MCA and company records.

Avance (legal name: Avance Technologies Limited) is an MCA-registered Indian company: a Public Limited Indian Non-Government Company (CIN L51900MH1985PLC035210). Business overview includes Telecom (Mobile Value-Added Services (VAS)), incorporated on January 30, 1985 (41+ years old), based in Goregaon East. The company is currently Active with Active Compliant compliance status. Public MCA filings list 10 current director record(s) on this profile.

Telecom ••••••••
  • Location 404, Corporate Annexe, Sonawala Road,, Goregaon East, Maharashtra - 400063
  • Website avance.in
Legal NameAvance Technologies Limited
CIN / LLPINL51900MH1985PLC035210
Company No.035210
Stock Symbol BSE: 512149
ClassificationPublic Limited Indian Non-Government Company
Incorporation Date1985-01-30
Date of AGM2025-09-29
Date of Balance Sheet2025-03-31
Listing StatusListed
ROC CodeRoc Mumbai I
PAN
LEI Number
Active ComplianceActive Compliant

Current Directors of Avance (10) Current board members from MCA filings, including designation and appointment details.

S
Director | Since 2018-10-23 | DIN: 06513263
V
Vijaysingh Purohit
CFO | Since 2017-09-06 | BGGPP0629F
L
Director | Since 2025-07-02 | DIN: 10414863
D
Director | Since 2019-09-30 | DIN: 07984967
A
Director | Since 2017-09-06 | DIN: 07597069
V
Director | Since 2016-10-01 | DIN: 07596882

Financial Performance of Avance Bands and Low / Medium / High trend shape. Exact figures unlock with your report.

Estimated bands · FY 2023
Revenue ₹25–50 Cr ▲ 164.9%
P&L ₹10–50 Lakh ▲ 165.9%
EBITDA ₹10–50 Lakh ▲ 177.7%
Net worth ₹100–500 Cr ▲ 0.1%

Charges of Avance Open and satisfied charges registered against the company with MCA.

Others : 150.00 cr
Asset Reconstruction Company (India) Limited : 2.95 cr
Icici Bank Ltd. : 14.68 Lakh
Open Charges: 1 Satisfied Charges: 2
Open -152.80 cr
Satisfied 152.95 cr
LenderAmountStatus
Others
Creation Date: 31 Mar 2018
150.00 cr Closed
Asset Reconstruction Company (India) Limited
Creation Date: 13 Jun 2003
2.95 cr Closed
Icici Bank Ltd.
Creation Date: 26 Feb 1993
14.68 Lakh Open

Business Activity Principal business activity and turnover mix from MCA filings.

Activity GroupDescriptionTurnover %
Information and communicationOther information & communication service activities100

Companies With Common Directors Of Avance Other companies that share directors with this entity, based on MCA and compliance network data.

Financial Ratios of Avance Profitability, leverage, and liquidity ratios from filed statements. Exact values unlock with your report.

8 years of ratios on record

Profitability, leverage and liquidity ratios require an active report plan.

Net profit margin Debt / Equity Current ratio ROE

Shareholding Pattern of Avance Ownership and contribution detail from filings. Full breakdown unlocks with your report.

7 shareholder categories on record

Ownership mix and contribution history require an active report plan.

Ownership mix Category breakdown Year-wise pattern Promoter holding

GST Compliance of Avance GST registrations and filing status by state. Full compliance detail unlocks with your report.

State-wise registrations, return filing status, HSN and SAC details, and jurisdiction records require an active report plan.

GSTIN registrations State-wise filing status HSN and SAC details Tax jurisdiction records

Credit Ratings, Litigation & Regulatory Alerts for Avance Ratings, court records, and regulatory alerts. Full risk detail unlocks with your report.

4 regulatory flags on record

Agency ratings, court records, regulatory events, and entity-specific compliance alerts require an active report plan.

Rating history Court and tribunal cases Regulatory alerts Director-linked violations

MSME Payment Delays by Avance MSME supplier payment delays and filing history. Full amounts unlock with your report.

Amounts outstanding to micro and small suppliers, delay reasons, and MSME-1 filing history require an active report plan.

Outstanding amounts Delay periods and reasons MSME-1 filing history Vendor payment signals

MCA Filings & Documents of Avance Official MCA forms, returns, and filing index. Document access unlocks with your report.

Official forms, annual returns, financial statements, charge filings, and document dates require an active report plan.

Incorporation documents Annual returns and statements Charge filings Complete filing index
Frequently Asked Questions about Avance Common questions about this company from MCA and profile data. Some answers are limited until unlocked.
What is CIN of Avance?
The Corporate Identification Number (CIN) for Avance is L51900MH1985PLC035210. CIN is a distinct identification code allotted by the Registrar of Companies (ROC) under the Ministry of Corporate Affairs (MCA). The company registration number is 035210 as per MCA.
When was Avance incorporated?
Avance was incorporated 41 years 7 months ago on 30 Jan 1985.
Who are the current board members and directors of Avance?
Avance shows 10 current director record(s) in this profile. Open the People tab for names, DIN, and designations.
What is the registered address of Avance?
Avance is registered in Goregaon East, Maharashtra as per MCA records. Full street address is available after unlock.
Is Avance registered with any stock exchange in India?
Yes, Avance is registered on Bombay Stock Exchange (BSE).
What is the official website of Avance?
The official website of Avance is https://avance.in.
What is the ROC code of Avance?
Avance ROC code is Roc Mumbai I.
What is the company classification of Avance?
Avance is classified as Public Limited Indian Non-Government Company.
Avance - is it listed or unlisted?
Avance is a Listed company.
What is the current status of Avance?
Avance is currently Active and registered in Goregaon East, Maharashtra, India.
What industry or business activity is Avance associated with?
Avance lists activity aligned with: Telecom - Mobile Value-Added Services (VAS) - Other information & communication service activities. See the Overview and Competition sections for fuller industry context.
Does Avance have GST registrations on file?
Avance shows 1 active GST registration signal(s) in compliance overview data. Open the Compliance tab for GSTIN and filing context when your plan allows.
Where can I see charges and lenders for Avance?
Use the Charges tab for MCA charge filings, charge holders, and open versus satisfied charges for Avance.
How do I contact Avance?
Use the official website at https://avance.in and the registered office address on this profile for corporate contact. Infyner does not publish personal customer-care numbers unless they appear in sourced company records.
What is the turnover or revenue of Avance?
Turnover and revenue appear in filed financial statements when available. Open the Financial tab on this profile for revenue, profit or loss, balance sheet metrics, and related MCA filings - not headline estimates.
How can I get the financial details of Avance?
You can view revenue, profit or loss, balance sheet metrics, and related filings on the Financial tab of this company profile.

Disclaimer: Data on this page is compiled from public sources as available in our system at the time of the last update and is for general information only. Scores are derived indicators, not credit ratings or advice - please verify from official sources and consult a professional before making any business or financial decision.