Avancer Finlease India Profile
Key Indicators
- Authorised Capital ₹ 6.00 Cr
- Paid Up Capital ₹ 2.97 Cr
- Company Age 35 Year, 3 Months
- Last Filing with ROC 31 Mar 2022
- Open Charges ₹ 1.80 Cr
- Revenue Growth 36.72%
- Profit Growth -39.71%
- Ebitda -17.52%
- Net Worth 0.80%
- Total Assets 35.33%
About Avancer Finlease India
Avancer Finlease India Limited (AFIL) is a Public Limited Indian Non-Government Company incorporated in India on 02 November 1989 and has a history of 35 years and three months. Its registered office is in Punjab, Punjab.
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 2022. It's a company limited by shares with an authorized capital of Rs 6.00 Cr and a paid-up capital of Rs 2.97 Cr.
The company currently has active open charges totaling ₹1.80 Cr.
Gurdeep Bedi, Vijay Bedi, and Barjinder Singh serve as directors at the Company.
Company Details
- Location Punjab, Punjab
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
-
- Social Media -
Corporate Identity Details
- CIN/LLPIN
U65921PB1989PLC009836
- Company No.
009836
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
02 Nov 1989
- Date of AGM
30 Sep 2022
- Date of Balance Sheet
31 Mar 2022
- Listing Status
Unlisted
- ROC Code
Roc Chandigarh
Industry
Who are the key members and board of directors at Avancer Finlease India?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Gurdeep Bedi  | Managing Director | 22-Sep-1998 | Current |
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Vijay Bedi | Director | 22-Sep-1998 | Current |
| Barjinder Singh | Director | 25-Apr-2018 | Current |
Financial Performance of Avancer Finlease India.
Avancer Finlease India Limited, for the financial year ended 2017, experienced significant growth in revenue, with a 36.72% increase. The company also saw a substantial fall in profitability, with a 39.71% decrease in profit. The company's net worth moved up by a moderate rise of 0.8%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Avancer Finlease India?
In 2017, Avancer Finlease India had a promoter holding of 49.23% and a public holding of 50.77%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Avancer Medicare LimtiedGurdeep Bedi and Barjinder Singh are mutual person
- Galley S Transport India Limited
Gurdeep Bedi is a mutual person
- Galley Financiers And Property Consultants Pvt Ltd
Barjinder Singh is a mutual person
Charges (Loans)
₹1.80 Cr
₹0
Charges Breakdown by Lending Institutions
- Punjab & Sind Bank : 1.80 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 23 Jul 2011 | Punjab & Sind Bank | ₹1.80 Cr | Open |
How Many Employees Work at Avancer Finlease India?
Unlock and access historical data on people associated with Avancer Finlease India, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Avancer Finlease 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 Avancer Finlease India's trajectory.
Rating
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
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.
