Avance Networks Private Limited

Outsourced product development and technology services for IoT, AI, and mobile/web apps.

2008 | Hyderabad, Telangana (India) | Active
Last Updated:

Avance Networks Profile

Key Indicators

  • Authorised Capital ₹ 0.10 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 16 Year, 4 Months
  • Last Filing with ROC 31 Mar 2022
  • Revenue Growth %
  • Profit Growth 46.79%
  • Ebitda
  • Net Worth -2.30%
  • Total Assets -3.70%

About Avance Networks

Avance Networks Private Limited (ANPL) is a Private Limited Indian Non-Government Company incorporated in India on 29 October 2008 and has a history of 16 years and four months. Its registered office is in Hyderabad, Telangana, India.

The Corporate was formerly known as Avance Networks Private Limited. 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 2022. It's a company limited by shares with an authorized capital of Rs 0.10 M and a paid-up capital of Rs 0.10 M, as per Ministry of Corporate Affairs (MCA) records.

Nareshkumar Duggal, Rajkumari Mathuria, and Nidhi Duggal serve as directors at the Company.

Company Details

  • Location

    Hyderabad, Telangana, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U72900TG2008PTC061613

  • Company No.

    061613

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    29 Oct 2008

  • Date of AGM

    30 Sep 2022

  • Date of Balance Sheet

    31 Mar 2022

  • Listing Status

    Unlisted

  • ROC Code

    Roc Hyderabad

Industry

Information Technology
Company report

Avance Networks Private Limited

Explore comprehensive data for Avance Networks Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Avance Networks?

Board Members (3)

NameDesignationAppointment DateStatus
Nareshkumar Duggal Country flag representing In Director 17-Nov-2022Current
Rajkumari Mathuria Director 12-Sep-2022Current
Nidhi Duggal Director 12-Sep-2022Current

Financial Performance of Avance Networks.

Avance Networks Private Limited, for the financial year ended 2022, experienced no change in revenue, with a 0% increase. The company also saw a substantial improvement in profitability, with a 46.79% increase in profit. The company's net worth dipped by a decrease of 2.3%.

Avance Networks revenue growth over time
Avance Networks 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
Revenue from Operations
Total Assets
-3.70%
Profit or Loss
46.79%
Net Worth
-2.30%
EBITDA

What is the Ownership and Shareholding Structure of Avance Networks?

In 2021, Avance Networks 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)

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

How Many Employees Work at Avance Networks?

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

Employee growth trends for Avance Networks Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Avance Networks, 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 Avance Networks's trajectory.

Rating

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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

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Latest Updates, News, and FAQs on Avance Networks

Recent activity within the organization

  • Director Appointment

    Nareshkumar Duggal was appointed as a Director was appointed as a Director on 17 Nov 2022 & has been associated with this company since 2 years 4 months .

  • Annual General Meeting

    Avance Networks Private Limited last Annual general meeting of members was held on 30 Sep 2022 as per latest MCA records.

  • Director Appointment

    Rajkumari Mathuria was appointed as a Director was appointed as a Director on 12 Sep 2022 & has been associated with this company since 2 years 6 months .

  • Director Appointment

    Nidhi Duggal was appointed as a Director was appointed as a Director on 12 Sep 2022 & has been associated with this company since 2 years 6 months .

  • Balance Sheet

    Avance Networks Private Limited has filed its annual Financial statements for the year ended 31 Mar 2022 with Roc Hyderabad.

  • Company Incorporation

    Avance Networks Private Limited was registered on 29 Oct 2008 with Roc Hyderabad & aged 16 years 4 months as per MCA records.

Frequently asked questions

  • What is the Incorporation or founding date of Avance Networks Private Limited?

    Avance Networks Private Limited was incorporated on 29 Oct 2008.

  • What is authorized share capital and paid-up capital of Avance Networks Private Limited?

    The authorized share capital of Avance Networks Private Limited is ₹ 0.10 M and paid-up capital is ₹ 0.10 M.

  • Who are the current board members & directors of Avance Networks Private Limited?

    Currently 3 directors are associated with Avance Networks Private Limited.

    • Nareshkumar Duggal
    • Rajkumari Mathuria
    • Nidhi Duggal

  • What is the registered address of Avance Networks Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Avance Networks Private Limited is Block No.18 Flat No.305 Rain Tree Park Malaysian Township Kphb Colony Kukatpall Y, India, Hyderabad, Telangana, 500072.

  • What is the corporate identification number (CIN) and company number of Avance Networks Private Limited?

    The corporate identification number (CIN) of Avance Networks Private Limited is U72900TG2008PTC061613 and the company number is 061613 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Avance Networks Private Limited?

    The Official website of Avance Networks Private Limited is https://www.avancenetworks.in

  • What change has been observed in the net worth of Avance Networks Private Limited, and by what percentage?

    The financial reports for the fiscal year 2022 indicates that The net worth of Avance Networks Private Limited has experienced an downturn of -2.30%.

  • When was the last Balance Sheet of Avance Networks Private Limited filed with the ROC?

    The most recent Balance Sheet for Avance Networks Private Limited was filed with the ROC on 31 Mar 2022.

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