Avaunce Fintrade Private Limited

Provides financial services and advisory, dealing in various securities and investments.

2012 | Mumbai, Maharashtra (India) | Active
Last Updated: December 22, 2024

Avaunce Fintrade Profile

Key Indicators

  • Authorised Capital ₹ 2.50 M
  • Paid Up Capital ₹ 1.35 M
  • Company Age 13 Year, 13 Days
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth 166.38%
  • Profit Growth 122.34%
  • Ebitda 306.34%
  • Net Worth 46.56%
  • Total Assets 39.04%

About Avaunce Fintrade

Avaunce Fintrade Private Limited (AFPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 11 February 2012 and has a history of 13 years. Its registered office is in Mumbai, Maharashtra, India.

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 2024. It's a company limited by shares with an authorized capital of Rs 2.50 M and a paid-up capital of Rs 1.35 M, as per Ministry of Corporate Affairs (MCA) records.

Deepa Kotak and Hemant Kotak serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U74120MH2012PTC226732

  • Company No.

    226732

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    11 Feb 2012

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Financial Services

Who are the key members and board of directors at Avaunce Fintrade?

Board Members (2)

NameDesignationAppointment DateStatus
Deepa Kotak Country flag representing In Director 05-Apr-2019Current
Hemant Kotak Country flag representing In Director 07-Jun-2013Current

Financial Performance of Avaunce Fintrade.

Avaunce Fintrade Private Limited, for the financial year ended 2017, experienced significant growth in revenue, with a 166.38% increase. The company also saw a substantial improvement in profitability, with a 122.34% increase in profit. The company's net worth Soared by an impressive increase of 46.56%.

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
166.38%
Revenue from Operations
169.82%
Total Assets
39.04%
Profit or Loss
122.34%
Net Worth
46.56%
EBITDA
306.34%

What is the Ownership and Shareholding Structure of Avaunce Fintrade?

In 2017, Avaunce Fintrade 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 Avaunce Fintrade?

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

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Avaunce Fintrade, 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 Avaunce Fintrade'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 Avaunce Fintrade

Recent activity within the organization

  • Annual General Meeting

    Avaunce Fintrade Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Avaunce Fintrade Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

    31 Mar 2024

  • Director Appointment

    Deepa Hemant Kotak was appointed as a Director was appointed as a Director on 05 Apr 2019 & has been associated with this company since 5 years 10 months .

    05 Apr 2019

  • Director Appointment

    Hemant Pratapbhai Kotak was appointed as a Director was appointed as a Director on 07 Jun 2013 & has been associated with this company since 11 years 8 months .

    07 Jun 2013

  • Company Incorporation

    Avaunce Fintrade Private Limited was registered on 11 Feb 2012 with Roc Mumbai & aged 13 years 13 days as per MCA records.

    11 Feb 2012

Frequently asked questions

  • Avaunce Fintrade Private Limited was incorporated on 11 Feb 2012.

  • The authorized share capital of Avaunce Fintrade Private Limited is ₹ 2.50 M and paid-up capital is ₹ 1.35 M.

  • Currently 2 directors are associated with Avaunce Fintrade Private Limited.

    • Deepa Hemant Kotak
    • Hemant Pratapbhai Kotak
  • As per Ministry of Corporate Affairs (Mca), the registered address of Avaunce Fintrade Private Limited is Row House No.6 Divya Swapna Chs Dr.C.R Gidwani Rd Near Shalimar Petrol Pump Chembur India, Mumbai, Maharashtra, 400074.

  • The corporate identification number (CIN) of Avaunce Fintrade Private Limited is U74120MH2012PTC226732 and the company number is 226732 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2017, the revenue trend for Avaunce Fintrade Private Limited has risen by 166.38%.

  • The financial reports for the fiscal year 2017 indicates that The net worth of Avaunce Fintrade Private Limited has experienced an upsurge of 46.56%.

  • The most recent Balance Sheet for Avaunce Fintrade Private Limited was filed with the ROC on 31 Mar 2024.

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