Advait Business Solutions Private Limited

Provides software development, IT services, SAP integration and support, business consulting, and disaster recovery.

2012 | Ahmedabad, Gujarat (India) | Active
Last Updated: February 10, 2025

Advait Business Solutions Profile

Key Indicators

  • Authorised Capital ₹ 2.00 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 12 Year, 7 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 9.80 M
  • Revenue Growth 78.06%
  • Profit Growth -36.36%
  • Ebitda -28.38%
  • Net Worth 144.05%
  • Total Assets 93.04%

About Advait Business Solutions

Advait Business Solutions Private Limited (ABSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 12 July 2012 and has a history of 12 years and seven 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 2.00 M and a paid-up capital of Rs 0.10 M.

The company currently has active open charges totaling ₹9.80 M.

Animish Chokshi and Dhruva Chokshi serve as directors at the Company.

Company Details

  • Location

    Ahmedabad, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    advaitbusiness.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U72900GJ2012PTC071104

  • Company No.

    071104

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    12 Jul 2012

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Information Technology

What products or services does Advait Business Solutions Private Limited offer?

Advait Business Solutions Private Limited offers a wide range of products and services, including ERP Packages, SAP Software, Web Server, Computer Servers.

Who are the key members and board of directors at Advait Business Solutions?

Financial Performance of Advait Business Solutions.

Advait Business Solutions Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 78.06% increase. The company also saw a substantial fall in profitability, with a 36.36% decrease in profit. The company's net worth Soared by an impressive increase of 144.05%.

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
78.06%
Revenue from Operations
78.93%
Total Assets
93.04%
Profit or Loss
-36.36%
Net Worth
144.05%
EBITDA
-28.38%

What is the Ownership and Shareholding Structure of Advait Business Solutions?

Unlock access to Advait Business Solutions's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹9.80 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • The Kalupur Commercial Co-Operative Bank Limited : 0.78 Cr
  • Sidbi : 0.10 Cr
  • Others : 0.10 Cr

Latest Charge Details

DateLenderAmountStatus
23 May 2024Sidbi₹1.04 MOpen
16 Mar 2024Others₹1.00 MOpen
24 Jan 2023The Kalupur Commercial Co-Operative Bank Limited₹7.75 MOpen

How Many Employees Work at Advait Business Solutions?

Advait Business Solutions has a workforce of 8 employees as of Apr 07, 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 Advait Business Solutions, 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 Advait Business Solutions'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 Advait Business Solutions

Recent activity within the organization

  • Annual General Meeting

    Advait Business Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Charges

    A charge with Sidbi amounted to Rs. 1.04 M with Charge ID 100924874 was registered on 23 May 2024.

    23 May 2024

  • Balance Sheet

    Advait Business Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.

    31 Mar 2024

  • Charges

    A charge with Others amounted to Rs. 1.00 M with Charge ID 100923086 was registered on 16 Mar 2024.

    16 Mar 2024

  • Charges

    A charge with The Kalupur Commercial Co-Operative Bank Limited of Rs. 7.75 M registered on 24 Jan 2023 with Charge ID 100675786 was modified on 20 Sep 2023.

    20 Sep 2023

  • Charges

    A charge with The Kalupur Commercial Co-Operative Bank Limited amounted to Rs. 7.75 M with Charge ID 100675786 was registered on 24 Jan 2023.

    24 Jan 2023

Frequently asked questions

  • What is the Incorporation or founding date of Advait Business Solutions Private Limited?

    Advait Business Solutions Private Limited was incorporated on 12 Jul 2012.

  • What is authorized share capital and paid-up capital of Advait Business Solutions Private Limited?

    The authorized share capital of Advait Business Solutions Private Limited is ₹ 2.00 M and paid-up capital is ₹ 0.10 M.

  • Who are the current board members & directors of Advait Business Solutions Private Limited?

    Currently 2 directors are associated with Advait Business Solutions Private Limited.

    • Animish Bansilal Chokshi
    • Dhruva Vivek Chokshi
  • What is the registered address of Advait Business Solutions Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Advait Business Solutions Private Limited is Behind Cadilal Healthcare Changodar India, Sanand, Gujarat, 382110.

  • What is the corporate identification number (CIN) and company number of Advait Business Solutions Private Limited?

    The corporate identification number (CIN) of Advait Business Solutions Private Limited is U72900GJ2012PTC071104 and the company number is 071104 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Advait Business Solutions Private Limited?

    The Official website of Advait Business Solutions Private Limited is https://www.advaitbusiness.com

  • What has been the recent revenue trend for Advait Business Solutions Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Advait Business Solutions Private Limited has risen by 78.06%.

  • How many employees does Advait Business Solutions Private Limited currently have?

    As Per 2023 financial reports, 8 employees are currently employed by Advait Business Solutions Private Limited.

  • What change has been observed in the net worth of Advait Business Solutions Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Advait Business Solutions Private Limited has experienced an upsurge of 144.05%.

  • What are the total open charges for Advait Business Solutions Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Advait Business Solutions Private Limited amount to ₹ 9.80 M.

  • When was the last Balance Sheet of Advait Business Solutions Private Limited filed with the ROC?

    The most recent Balance Sheet for Advait Business Solutions Private Limited was filed with the ROC on 31 Mar 2024.

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