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Avance Technologies Limited - Company Profile

It is a telecom public limited company based in Malad West, Maharashtra, India, established in 1985.

1985 | Malad West, Maharashtra, India | Active
Last Updated:

About Avance Technologies Limited

Avance Technologies Limited, a active public limited company, was established on 30 January 1985 in Malad West, Maharashtra, India. Engaging in mobile value-added services (vas) within the information and communication sector, it holds CIN: L51900MH1985PLC035210. Registered under ROC Roc Mumbai. it is listed on BSE: 512149. It has an authorized capital of ₹65.00 Cr and a paid-up capital of ₹198.19 Cr.

It upholds a compliant status. In 2023, it reported revenue of ₹30.54 Cr and a net worth of ₹371.27 Cr. Its leadership includes Shakila Ramjansha Makandar (Director), Deepak Yallappa Mane (Director), Akshay Vijay Nawale (Director). Past directors included Shakila Ramjansha Makandar, Ronak Devendra Chheda, Santwana Todi. It holds ₹1.47 M open charges and ₹152.95 Cr settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at #211, Lotus Business Park, 2Nd Floor,, S.V. Road, Malad (West), Malad West, Maharashtra, 400064.

Company Details

  • CIN/LLPIN

    L51900MH1985PLC035210

  • Registration Number

    035210

  • Incorporation Date

    30 January 1985

  • Authorized Capital

    ₹65.00 Cr

  • Paid-Up Capital

    ₹198.19 Cr

  • ROC Code

    Roc Mumbai

  • Listing Status

    Listed (BSE: 512149)

  • Company Status

    Active

Key Indicators

  • Authorised Capital ₹ 65.00 Cr
  • Paid Up Capital ₹ 198.19 Cr
  • Company Age 40 Year, 11 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 1.47 M
  • Satisfied Charges ₹ 152.95 Cr
  • Revenue Growth 164.86%
  • Profit Growth 165.93%
  • Ebitda 177.71%
  • Net Worth 0.11%
  • Total Assets 1.81%
Company report

Avance Technologies Limited

Company Report FY 2025-2026

Explore comprehensive insights into Avance Technologies Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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

Current Directors

NameDesignationAppointment DateStatus
Shakila Ramjansha MakandarDirector23 Oct 2018Current
Deepak Yallappa ManeDirector30 Sep 2019Current
Akshay Vijay NawaleDirector06 Sep 2017Current
Vasant Tukaram BhoirDirector01 Oct 2016Current
Sanjay Atmaram DevlekarDirector05 Sep 2019Current
Latesh Sukumar Kumar PoojaryManaging Director02 Jul 2025Current

Past Directors

NameDesignationCessationStatus
Pramod AbcsddAdditional Director30 Sep 2019Past
Pramod AbcsddDirector12 Nov 2012Past
Pramod AbcsddCompany Secretary06 Dec 2019Past
Pramod AbcsddDirector28 Sep 2019Past
Pramod AbcsddDirector01 Oct 2014Past
Pramod AbcsddDirector04 Oct 2014Past

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Financial Performance of Avance Technologies.

Avance Technologies Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 164.86% increase. The company also saw a substantial improvement in profitability, with a 165.93% increase in profit. The company's net worth moved up by a moderate rise of 0.11%.

Avance Technologies revenue growth over time
Avance Technologies 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
164.86%
Revenue from Operations
165.13%
Total Assets
1.81%
Profit or Loss
165.93%
Net Worth
0.11%
EBITDA
177.71%

What is the Ownership and Shareholding Structure of Avance Technologies?

In 2023, Avance Technologies had a promoter holding of 0.88% and a public holding of 99.11%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

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Charges (Loans)

Open Charges

₹1,468,390.00

Satisfied Charges

₹1,529,500,000.00

Charges Breakdown by Lending Institutions

  • Icici Bank Ltd. : 0.15 Cr

Latest Charge Details

DateLenderAmountStatus
26 Feb 1993Icici Bank Ltd.₹1.47 MOpen
31 Mar 2018Others₹150.00 CrSatisfied
13 Jun 2003Asset Reconstruction Company (India) Limited₹2.95 CrSatisfied

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How Many Employees Work at Avance Technologies?

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

Employee growth trends for Avance Technologies Limited

Deals i

Graph showing company valuation over time

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

Rating

Graph displaying rating trends over time

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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 Avance Technologies

Recent Activity within the Organization

  • Director Appointment

    Latesh Sukumar Kumar Poojary was appointed as a Managing Director was appointed as a Managing Director on 02 Jul 2025 & has been associated with this company since 6 months 16 days . was recorded as a recent event.

  • Annual General Meeting

    Avance Technologies Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was recorded as a recent event.

  • Charges

    The activity A charge registered on 31 Mar 2018 via Charge ID 100174284 with Others was fully satisfied on 10 Sep 2024. was completed.

  • Balance Sheet

    Avance Technologies Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai. was recorded as a recent event.

  • Director Appointment

    The activity Sneha Shrivastava was appointed as a Company Secretary was appointed as a Company Secretary on 21 Jun 2022 & has been associated with this company since 3 years 6 months . was completed.

  • Director Appointment

    The activity Deepak Yallappa Mane was appointed as a Director was appointed as a Director on 30 Sep 2019 & has been associated with this company since 6 years 3 months . was completed.

Recent News, Updates & Announcement

Frequently Asked Questions

  • What is the CIN of Avance Technologies Limited?

    The CIN of Avance Technologies Limited is L51900MH1985PLC035210.

  • Where is Avance Technologies Limited headquartered?

    Avance Technologies Limited is headquartered at #211, Lotus Business Park, 2Nd Floor,, S.V. Road, Malad (West), Malad West, Maharashtra, 400064.

  • When was Avance Technologies Limited incorporated?

    Avance Technologies Limited was incorporated on 30 January 1985.

  • Who are the current directors of Avance Technologies Limited?

    The current directors of Avance Technologies Limited are

  • What is the primary industry of Avance Technologies Limited?

    The primary industry of Avance Technologies Limited is Information And Communication.

  • Is Avance Technologies Limited a listed company?

    Avance Technologies Limited is listed. It is listed on BSE: 512149.

  • What is the capital structure of Avance Technologies Limited?

    The authorized capital of Avance Technologies Limited is ₹65.00 Cr, and the paid-up capital is ₹198.19 Cr.

  • What is the compliance status of Avance Technologies Limited?

    The compliance status of Avance Technologies Limited is Compliant.

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