Avance Technologies Limited - Company overview

Avance is an MCA-registered Indian company: a Public Limited Indian Non-Government Company (CIN L51900MH1985PLC035210). Business overview in…

1985-01-30 Malad West, Maharashtra Active Listed Active Compliant
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AT Avance Technologies Limited
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Key Metrics

AUTHORISED CAPITAL
65.00 cr
PAID-UP CAPITAL
198.19 cr
COMPANY AGE
41 Years 6 Months
since 1985-01-30
LAST FILING WITH ROC
2024-03-31
Last AGM: 2024-09-30
OPEN CHARGES
1
-152.80 cr
SATISFIED CHARGES
2
152.95 cr
REVENUE
PROFIT / LOSS
EBITDA
NET WORTH
TOTAL ASSETS
TOTAL MONEY RAISED
ACTIVE GST
1
Updated: 2023-11-16 18:09:29

Company Health Scores

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
64/100
Overall counterparty comfort for vendors and customers.
  • Blend of compliance (44), financial health (85), director (45) and company-foundation signals.
  • Operating for 41+ years.
Compliance Score High risk
44/100
Statutory filings, status and regulatory flags.
  • Company status is Active as per MCA.
  • Last balance sheet filed for Mar 2024 - slightly behind.
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.
  • 9 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

Avance 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), headquartered in Malad West, Maharashtra, India. The company is currently Active with Active Compliant compliance status.

Mobile Value-Added Services (VAS)
  • Location #211, Lotus Business Park, 2Nd Floor,, Malad West, Maharashtra - 400064
  • Website avance.in
CIN / LLPINL51900MH1985PLC035210
Company No.035210
Stock Symbol BSE: 512149
ClassificationPublic Limited Indian Non-Government Company
Incorporation Date1985-01-30
Date of AGM2024-09-30
Date of Balance Sheet2024-03-31
Listing StatusListed
ROC CodeRoc Mumbai
PAN
LEI Number
Active ComplianceActive Compliant

Financial Performance of Avance

Revenue Over The Year
FY trend preview
Profit/Loss Over The Year
FY trend preview
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Metrics FYFYFYFYFY
Revenue
Profit/Loss
Cash & Bank Balance
Net Worth
EBITDA

Financial Ratios

Revenue P/L EBITDA

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FY preview
Key Insights
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Profit/Loss
EBITDA
Net Profit Margin
Debt/Equity
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EBITDA Margin
Return on Capital Employed
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Shareholding Pattern

Shareholding Pattern
  • Promoters
  • DII
  • FII
  • Public
  • Others
Shareholding Pattern over the Year
Category FYFYFYFYFY
Promoters
DII
FII
Public
Others
Subsidiaries

EPFO Establishments (1)

Preview
Status
Activity
State
Coverage

Current Directors of Avance (9)

S
Director | Since 2018-10-23 | DIN: 06513263
V
Vijaysingh Purohit
CFO | Since 2017-09-06 | BGGPP0629F
L
Managing 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

Charges of Avance

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

Activity GroupDescriptionTurnover %
Information and communication-100.00

Flagged By Authority

Regulatory and exchange flags (preview)

Frequently Asked Questions about Avance
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 6 months ago on 30 Jan 1985.
What is paid-up capital and authorised share capital of Avance?
The paid-up capital of Avance is ₹ 1,981,917,430.00 and authorised share capital is ₹ 650,000,000.00.
Who are the current board members and directors of Avance?
Avance shows 8 current director record(s) in this profile. Open the People tab for names, DIN, and designations.
What is the registered address of Avance?
As per Ministry of Corporate Affairs (MCA), the registered address of Avance is #211, Lotus Business Park, 2Nd Floor,, S.V. Road, Malad (West), Malad West, Maharashtra, 400064, India.
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.
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 Malad West, Maharashtra, India.
What industry or business activity is Avance associated with?
Avance lists activity aligned with: Telecom - Mobile Value-Added Services (VAS) - Information and communication. 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.