Avancer Software Solutions Profile
Key Indicators
- Authorised Capital ₹ 2.50 M
- Paid Up Capital ₹ 1.54 M
- Company Age 9 Year, 7 Months
- Last Filing with ROC 31 Mar 2020
- Open Charges ₹ 1.91 Cr
- Revenue Growth -44.22%
- Profit Growth 5.57%
- Ebitda -209.56%
- Net Worth 0.21%
- Total Assets 7.00%
About Avancer Software Solutions
Avancer Software Solutions Private Limited (ASSPL) is a registered startup operating as a Private Limited Indian Non-Government Company incorporated in India on 30 June 2015 (Nine years and seven months 28 days old ). Its registered office is in Kanchipuram, Tamil Nadu, India.
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 2020. It's a company limited by shares with an authorized capital of Rs 2.50 M and a paid-up capital of Rs 1.54 M.
The company currently has active open charges totaling ₹1.91 Cr.
Vipin Madathivila and Neha Baby serve as directors at the Company.
Company Details
- Location
Kanchipuram, Tamil Nadu, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U72900TN2015PTC101180
- Company No.
101180
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
30 Jun 2015
- Date of AGM
29 Dec 2020
- Date of Balance Sheet
31 Mar 2020
- Listing Status
Unlisted
- ROC Code
Roc Chennai
Industry
What products or services does Avancer Software Solutions Private Limited offer?
Avancer Software Solutions Private Limited offers a wide range of products and services, including GPS and Navigation Devices, Car & Vehicle GPS Devices, Business Planning and Management, Business Consultant, Software Development & IT Consultant, ERP Solutions, Software Consulting Service, Data Entry & Data Processing Service, Data Management, IT, Networking & Automation Solution.
Who are the key members and board of directors at Avancer Software Solutions?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Vipin Madathivila  | Managing Director | 30-Jun-2015 | Current |
Board Members (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Neha Baby | Director | 30-Jun-2015 | Current |
Financial Performance of Avancer Software Solutions.
Avancer Software Solutions Private Limited, for the financial year ended 2020, experienced significant reduction in revenue, with a 44.22% decrease. The company also saw a slight improvement in profitability, with a 5.57% increase in profit. The company's net worth moved up by a moderate rise of 0.21%.
- Key Matrics
- Balance Sheet
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What is the Ownership and Shareholding Structure of Avancer Software Solutions?
In 2020, Avancer Software Solutions had a promoter holding of 65.00% and a public holding of 35.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Mbind Solutions Private LimitedVipin Madathivila and Neha Baby are mutual person
Charges (Loans)
₹19.10 M
₹0
Charges Breakdown by Lending Institutions
- Indian Overseas Bank : 1.91 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 22 Mar 2019 | Indian Overseas Bank | ₹1.91 Cr | Open |
How Many Employees Work at Avancer Software Solutions?
Unlock and access historical data on people associated with Avancer Software Solutions, 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 Software Solutions, 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 Software Solutions's trajectory.
Rating
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Alerts
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