Advance Business Services Private Limited

Provides financial services as a NBFC since 1983 in West Bengal.

1983 | Kolkata, West Bengal (India) | Active
Last Updated: December 27, 2024

Advance Business Services Profile

Key Indicators

  • Authorised Capital ₹ 2.00 M
  • Paid Up Capital ₹ 1.69 M
  • Company Age 41 Year, 9 Months
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth 75.56%
  • Profit Growth 78.06%
  • Ebitda 1032.65%
  • Net Worth 10.39%
  • Total Assets 10.38%

About Advance Business Services

Advance Business Services Private Limited (ABSPL) is a Private Limited Indian Non-Government Company incorporated in India on 07 May 1983 and has a history of 41 years and nine months. Its registered office is in Kolkata, West Bengal, India.

The Corporate was formerly known as Advance Business Services Ltd. The Company is engaged in the Financial Services 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 1.69 M, as per Ministry of Corporate Affairs (MCA) records.

Narendra Lodha, Prakash Mojumder, Anamika Lodha, and Two other members serve as directors at the Company.

Company Details

  • Location

    Kolkata, West Bengal, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U74140WB1983PTC036275

  • Company No.

    036275

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    07 May 1983

  • Date of AGM

    28 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Kolkata

Industry

Financial Services

Who are the key members and board of directors at Advance Business Services?

Board Members (5)

NameDesignationAppointment DateStatus
Narendra Lodha Country flag representing In Director 16-Aug-1988Current
Prakash Mojumder Country flag representing In Director 09-Mar-2019Current
Anamika Lodha Country flag representing In Director 20-Sep-2022Current
Boman Parakh Country flag representing In Director 20-Oct-2017Current
Anoushka Lodha Country flag representing In Director 25-Oct-2022Current

Financial Performance of Advance Business Services.

Advance Business Services Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 75.56% increase. The company also saw a substantial improvement in profitability, with a 78.06% increase in profit. The company's net worth Soared by an impressive increase of 10.39%.

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
75.56%
Revenue from Operations
450.29%
Total Assets
10.38%
Profit or Loss
78.06%
Net Worth
10.39%
EBITDA
1032.65%

What is the Ownership and Shareholding Structure of Advance Business Services?

In 2022, Advance Business Services had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Advance Business Services?

Unlock and access historical data on people associated with Advance Business Services, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Advance Business Services, 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 Advance Business Services'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 Advance Business Services

Recent activity within the organization

  • Annual General Meeting

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

    28 Sep 2024

  • Balance Sheet

    Advance Business Services Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Kolkata.

    31 Mar 2024

  • Director Appointment

    Anoushka Lodha was appointed as a Director was appointed as a Director on 25 Oct 2022 & has been associated with this company since 2 years 4 months .

    25 Oct 2022

  • Director Appointment

    Anamika Lodha was appointed as a Director was appointed as a Director on 20 Sep 2022 & has been associated with this company since 2 years 5 months .

    20 Sep 2022

  • Director Appointment

    Prakash Mojumder was appointed as a Director was appointed as a Director on 09 Mar 2019 & has been associated with this company since 5 years 11 months .

    09 Mar 2019

  • Director Appointment

    Boman Parakh was appointed as a Director was appointed as a Director on 20 Oct 2017 & has been associated with this company since 7 years 4 months .

    20 Oct 2017

Frequently asked questions

  • Advance Business Services Private Limited was incorporated on 07 May 1983.

  • The authorized share capital of Advance Business Services Private Limited is ₹ 2.00 M and paid-up capital is ₹ 1.69 M.

  • Currently 5 directors are associated with Advance Business Services Private Limited.

    • Narendra Kumar Lodha
    • Prakash Mojumder
    • Anamika Lodha
    • Boman Parakh
    • Anoushka Lodha
  • As per Ministry of Corporate Affairs (Mca), the registered address of Advance Business Services Private Limited is 19 Esplanade Mansions 14 Govt. Place East, India, Kolkata, West Bengal, 700069.

  • The corporate identification number (CIN) of Advance Business Services Private Limited is U74140WB1983PTC036275 and the company number is 036275 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2022, the revenue trend for Advance Business Services Private Limited has risen by 75.56%.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Advance Business Services Private Limited has experienced an upsurge of 10.39%.

  • The most recent Balance Sheet for Advance Business Services Private Limited was filed with the ROC on 31 Mar 2024.

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