Avacare Shared Services (India) Private Limited

Outsourcing services for various industries including IT-enabled processes, data management, and analysis.

2016 | Mumbai, Maharashtra (India) | Active
Last Updated: November 15, 2024

Avacare Shared Services (India) Profile

Key Indicators

  • Authorised Capital ₹ 6.00 M
  • Paid Up Capital ₹ 6.00 M
  • Company Age 8 Year, 2 Months
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth 2.23%
  • Profit Growth 101.20%
  • Ebitda 840.44%
  • Net Worth 0.07%
  • Total Assets 2.76%

About Avacare Shared Services (India)

Avacare Shared Services (India) Private Limited (ASSIPL) is a Private Limited Indian Non-Government Company incorporated in India on 30 November 2016 (Eight years and two months 6 days old ). Its registered office is in Mumbai, Maharashtra, India.

The Company is engaged in the Business Outsourcing 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 6.00 M and a paid-up capital of Rs 6.00 M, as per Ministry of Corporate Affairs (MCA) records.

Vithal Dhamankar and Dip Desai serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U74999MH2016PTC288045

  • Company No.

    288045

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    30 Nov 2016

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Business Outsourcing

Who are the key members and board of directors at Avacare Shared Services (India)?

Board Members (2)

Name Designation Appointment Date Status
Vithal Dhamankar Country flag representing In Director 20-Aug-2019 Current
Dip Desai Country flag representing In Nominee Director 30-Nov-2016 Current

Financial Performance of Avacare Shared Services (India).

Avacare Shared Services (India) Private Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 2.23% increase. The company also saw a substantial improvement in profitability, with a 101.2% increase in profit. The company's net worth moved up by a moderate rise of 0.07%.

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
2.23%
Revenue from Operations
4.86%
Total Assets
2.76%
Profit or Loss
101.20%
Net Worth
0.07%
EBITDA
840.44%

What is the Ownership and Shareholding Structure of Avacare Shared Services (India)?

In 2023, Avacare Shared Services (India) 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 Avacare Shared Services (India)?

Avacare Shared Services (India) has a workforce of 55 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 Avacare Shared Services (India), 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 Avacare Shared Services (India)'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 Avacare Shared Services (India)

Recent activity within the organization

  • Annual General Meeting

    Avacare Shared Services (India) Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Avacare Shared Services (India) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

    31 Mar 2024

  • Director Appointment

    Vithal Govind Dhamankar was appointed as a Director was appointed as a Director on 20 Aug 2019 & has been associated with this company since 5 years 5 months .

    20 Aug 2019

  • Director Appointment

    Dip Samirbhai Desai was appointed as a Nominee Director was appointed as a Nominee Director on 30 Nov 2016 & has been associated with this company since 8 years 2 months .

    30 Nov 2016

  • Company Incorporation

    Avacare Shared Services (India) Private Limited was registered on 30 Nov 2016 with Roc Mumbai & aged 8 years 2 months as per MCA records.

    30 Nov 2016

Frequently asked questions

  • Avacare Shared Services (India) Private Limited was incorporated on 30 Nov 2016.

  • The authorized share capital of Avacare Shared Services (India) Private Limited is ₹ 6.00 M and paid-up capital is ₹ 6.00 M.

  • Currently 2 directors are associated with Avacare Shared Services (India) Private Limited.

    • Vithal Govind Dhamankar
    • Dip Samirbhai Desai
  • As per Ministry of Corporate Affairs (Mca), the registered address of Avacare Shared Services (India) Private Limited is Office No.501 B-Wing The Western Edge Ii Premises Co-Op Society Ltd Off Express Highway Borivali East, Mumbai -. India, Borivlai East, Maharashtra, 400066.

  • The corporate identification number (CIN) of Avacare Shared Services (India) Private Limited is U74999MH2016PTC288045 and the company number is 288045 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Avacare Shared Services (India) Private Limited is https://www.avacarehealth.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Avacare Shared Services (India) Private Limited has risen by 2.23%.

  • As Per 2023 financial reports, 55 employees are currently employed by Avacare Shared Services (India) Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Avacare Shared Services (India) Private Limited has experienced an upsurge of 0.07%.

  • The most recent Balance Sheet for Avacare Shared Services (India) Private Limited was filed with the ROC on 31 Mar 2024.

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