Adiance Technologies Private Limited

Provides software publishing, consultancy, VoIP, web design, and BPO services with specialization in offshore development and R&D.

2003 | Ahmedabad, Gujarat (India) | Active
Last Updated: December 31, 2024

Adiance Technologies Profile

Key Indicators

  • Authorised Capital ₹ 1.50 Cr
  • Paid Up Capital ₹ 1.40 Cr
  • Company Age 21 Year, 2 Months
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 1.00 M
  • Revenue Growth -90.06%
  • Profit Growth -92.08%
  • Ebitda -83.36%
  • Net Worth 0.96%
  • Total Assets -38.16%

About Adiance Technologies

Adiance Technologies Private Limited (ATPL) is a Private Limited Indian Non-Government Company incorporated in India on 01 December 2003 and has a history of 21 years and two months. Its registered office is in Ahmedabad, Gujarat, India.

The Company is engaged in the Information Technology Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 1.50 Cr and a paid-up capital of Rs 1.40 Cr.

The company has closed loans amounting to ₹1.00 M, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Hemendra Sanghvi, Kushal Sanghvi, and Hardik Sanghvi serve as directors at the Company.

Company Details

  • Location

    Ahmedabad, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    adiance.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U72200GJ2003PTC043259

  • Company No.

    043259

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    01 Dec 2003

  • Date of AGM

    28 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Information Technology

What products or services does Adiance Technologies Private Limited offer?

Adiance Technologies Private Limited offers a wide range of products and services, including Arcade, Game Consoles & Accessories, PC Gaming & Accessories, Telecom Services, Engg & Maintenance, Live Video Broadcast, Sensors & Transducers, Encoder Sensor.

Who are the key members and board of directors at Adiance Technologies?

Board Members (3)

NameDesignationAppointment DateStatus
Kushal Sanghvi Country flag representing In Director 01-Dec-2003Current
Hardik Sanghvi Country flag representing In Director 01-Sep-2004Current
Hemendra Sanghvi Country flag representing In Director 03-Jun-2005Current

Financial Performance of Adiance Technologies.

Adiance Technologies Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 90.06% decrease. The company also saw a substantial fall in profitability, with a 92.08% decrease in profit. The company's net worth moved up by a moderate rise of 0.96%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
-90.06%
Revenue from Operations
-90.44%
Total Assets
-38.16%
Profit or Loss
-92.08%
Net Worth
0.96%
EBITDA
-83.36%

What is the Ownership and Shareholding Structure of Adiance Technologies?

In 2023, Adiance Technologies had a promoter holding of 100.00%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹0.10 Cr

Charges Breakdown by Lending Institutions

  • Corporation Bank : 0.10 Cr

Latest Charge Details

DateLenderAmountStatus
29 Nov 2007Corporation Bank₹1.00 MSatisfied

How Many Employees Work at Adiance Technologies?

Adiance Technologies has a workforce of 0 employees as of Apr 08, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Adiance Technologies, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Adiance Technologies's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Adiance Technologies

Recent activity within the organization

  • Annual General Meeting

    Adiance Technologies Private Limited last Annual general meeting of members was held on 28 Sep 2024 as per latest MCA records.

    28 Sep 2024

  • Balance Sheet

    Adiance Technologies Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.

    31 Mar 2024

  • Charges

    A charge registered on 29 Nov 2007 via Charge ID 10086394 with Corporation Bank was fully satisfied on 16 Feb 2012.

    16 Feb 2012

  • Charges

    A charge with Corporation Bank amounted to Rs. 0.10 Cr with Charge ID 10086394 was registered on 29 Nov 2007.

    29 Nov 2007

  • Director Appointment

    Hemendra Dhirajlal Sanghvi was appointed as a Director was appointed as a Director on 03 Jun 2005 & has been associated with this company since 19 years 8 months .

    03 Jun 2005

  • Director Appointment

    Hardik Hemendra Sanghvi was appointed as a Director was appointed as a Director on 01 Sep 2004 & has been associated with this company since 20 years 5 months .

    01 Sep 2004

Frequently asked questions

  • Adiance Technologies Private Limited was incorporated on 01 Dec 2003.

  • The authorized share capital of Adiance Technologies Private Limited is ₹ 1.50 Cr and paid-up capital is ₹ 1.40 Cr.

  • Currently 3 directors are associated with Adiance Technologies Private Limited.

    • Hemendra Dhirajlal Sanghvi
    • Kushal Hemendra Sanghvi
    • Hardik Hemendra Sanghvi
  • As per Ministry of Corporate Affairs (Mca), the registered address of Adiance Technologies Private Limited is 14 Empire Tower Nr. Associated Petrol Pump C.G Road Nav Rangpura, India, Ahmedabad, Gujarat, 380009.

  • The corporate identification number (CIN) of Adiance Technologies Private Limited is U72200GJ2003PTC043259 and the company number is 043259 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Adiance Technologies Private Limited is https://www.adiance.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Adiance Technologies Private Limited has fallen by -90.06%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Adiance Technologies Private Limited has experienced an upsurge of 0.96%.

  • The most recent Balance Sheet for Adiance Technologies Private Limited was filed with the ROC on 31 Mar 2024.

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