Evorise Limited

Provides BPM solutions to healthcare, pharmaceutical, mortgage, and retail industries globally.

2004 | Gurugram, Haryana (India) | Active
Last Updated: December 02, 2024

Evorise Profile

Key Indicators

  • Authorised Capital ₹ 10.00 Cr
  • Paid Up Capital ₹ 9.97 Cr
  • Company Age 20 Year, 5 Months
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 5.00 M
  • Revenue Growth 103.47%
  • Profit Growth -171.34%
  • Ebitda -49.37%
  • Net Worth -43.99%
  • Total Assets 27.74%

About Evorise

Evorise Limited (EL) is a leading Public Limited Indian Non-Government Company incorporated in India on 08 September 2004 and has a history of 20 years and five months. Its registered office is in Gurugram, Haryana, India.

The Corporate was formerly known as Newquest Process Outsourcing Limited. The Company is engaged in the Business Outsourcing 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 10.00 Cr and a paid-up capital of Rs 9.97 Cr.

The company has closed loans amounting to ₹5.00 M, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Evorise Limited India is Manu Bhandari as CEO. Ajay Kulshreshtha, Samrat Roy, and Paul Poupon serve as directors at the Company.

Company Details

  • Location

    Gurugram, Haryana, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    avanthabsl.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U72300HR2004PLC083875

  • Company No.

    083875

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    08 Sep 2004

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Delhi

Industry

Business Outsourcing

What products or services does Evorise Limited offer?

Evorise Limited offers a wide range of products and services, including Management Courses, Post Graduate Colleges, Agro Chemicals, Liquid Bromine, Tea & Coffee Table, Coffee Table, Corporate and Soft Skills Training, Corporate Training, AC Motor, Crompton Greaves Motor.

Who are the key members and board of directors at Evorise?

Executive Team (1)

NameDesignationAppointment DateStatus
Manu Bhandari CEO03-Jun-2020Current

Board Members (3)

NameDesignationAppointment DateStatus
Ajay Kulshreshtha Whole-Time Director 12-Jun-2024Current
Samrat Roy Whole-Time Director 12-Jun-2024Current
Paul Poupon Country flag representing De Director 24-May-2019Current

Financial Performance of Evorise.

Evorise Limited, for the financial year ended 2020, experienced significant growth in revenue, with a 103.47% increase. The company also saw a substantial fall in profitability, with a 171.34% decrease in profit. The company's net worth observed a substantial decline by a decrease of 43.99%.

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
103.47%
Revenue from Operations
108.46%
Total Assets
27.74%
Profit or Loss
-171.34%
Net Worth
-43.99%
EBITDA
-49.37%

What is the Ownership and Shareholding Structure of Evorise?

In 2021, Evorise 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)

Open Charges

₹0

Satisfied Charges

₹0.50 Cr

Charges Breakdown by Lending Institutions

  • Yes Bank Limited : 0.50 Cr

Latest Charge Details

DateLenderAmountStatus
14 Mar 2008Yes Bank Limited₹5.00 MSatisfied

How Many Employees Work at Evorise?

Evorise has a workforce of 279 employees as of Apr 09, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

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

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2024

  • Director Appointment

    Ajay Shankar Kulshreshtha was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 12 Jun 2024 & has been associated with this company since 8 months 12 days .

    12 Jun 2024

  • Director Appointment

    Samrat Roy was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 12 Jun 2024 & has been associated with this company since 8 months 12 days .

    12 Jun 2024

  • Balance Sheet

    Evorise Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Delhi.

    31 Mar 2024

  • Director Appointment

    Manu Bhandari was appointed as a Ceo was appointed as a Ceo on 03 Jun 2020 & has been associated with this company since 4 years 8 months .

    03 Jun 2020

  • Director Appointment

    Paul Bernard Poupon was appointed as a Director was appointed as a Director on 24 May 2019 & has been associated with this company since 5 years 9 months .

    24 May 2019

Recent News, Updates & Announcement

Frequently asked questions

  • Evorise Limited was incorporated on 08 Sep 2004.

  • The authorized share capital of Evorise Limited is ₹ 10.00 Cr and paid-up capital is ₹ 9.97 Cr.

  • Currently 4 directors are associated with Evorise Limited.

    • Ajay Shankar Kulshreshtha
    • Samrat Roy
    • Manu Bhandari
    • Paul Bernard Poupon
  • As per Ministry of Corporate Affairs (Mca), the registered address of Evorise Limited is C-3 C-944 Block-C Sushant Lok Phase-I, Sector-43 India, Basai Road, Haryana, 122001.

  • The corporate identification number (CIN) of Evorise Limited is U72300HR2004PLC083875 and the company number is 083875 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Evorise Limited is https://www.avanthabsl.com

  • According to the financial reports for the fiscal year 2020, the revenue trend for Evorise Limited has risen by 103.47%.

  • As Per 2020 financial reports, 279 employees are currently employed by Evorise Limited.

  • The financial reports for the fiscal year 2020 indicates that The net worth of Evorise Limited has experienced an downturn of -43.99%.

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

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