India Advantage Securities Profile
Key Indicators
- Authorised Capital ₹ 20.00 Cr
as on 17-06-2024
- Paid Up Capital ₹ 8.65 Cr
as on 17-06-2024
- Company Age 19 Year, 9 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 38.00 Cr
as on 17-06-2024
- Satisfied Charges ₹ 16.63 Cr
as on 17-06-2024
- Revenue 72.57%
(FY 2023)
- Profit 48.71%
(FY 2023)
- Ebitda -2.16%
(FY 2023)
- Net Worth 3.49%
(FY 2023)
- Total Assets -28.33%
(FY 2023)
About India Advantage Securities
The Corporate was formerly known as India Advantage Securities Limited. 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 2023. It's a company limited by shares with an authorized capital of Rs 20.00 Cr and a paid-up capital of Rs 8.65 Cr.
The company currently has active open charges totaling ₹38.00 Cr. The company has closed loans amounting to ₹16.63 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at India Advantage Securities Private Limited India is Ketan Shah as CEO. Pallavi Mehta, Pravin Mehta, and Vineet Mehta serve as directors at the Company.
- CIN/LLPIN
U67120MH2005PTC330726
- Company No.
330726
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
11 Mar 2005
- Date of AGM
29 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Company Details
- Location
Mumbai, Maharashtra, India
- Telephone
- Email Address
- Website
- Social Media
What products or services does India Advantage Securities Private Limited offer?
India Advantage Securities Private Limited offers a wide range of products and services, including Corporate Finance & Leasing Advisors, Fund Management Services, Financial Service, Private Equity Services, Stock Trading/Money Market, Commodities Trading Service, Investment Service, Currency Trading Services, Currency Derivative Service.
Who are the key members and board of directors at India Advantage Securities?
Executive Team (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Ketan Shah | CEO | 01-Apr-2021 | Current |
Pravin Mehta  | Managing Director | 11-Mar-2005 | Current |
Board Members(2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Vineet Mehta | Whole-Time Director | 11-Oct-2011 | Current |
| Pallavi Mehta | Director | 11-Mar-2005 | Current |
Financial of India Advantage Securities.
India Advantage Securities Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 72.57% increase. The company also saw a substantial improvement in profitability, with a 48.71% increase in profit. The company's net worth moved up by a moderate rise of 3.49%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metric |
| (FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
| ||||||
| Revenue from Operations |
| ||||||
| Total Assets |
| ||||||
| Profit or Loss |
| ||||||
| Net Worth |
| ||||||
| EBITDA |
|
What is the Ownership and Shareholding Structure of India Advantage Securities?
In 2023, India Advantage Securities had a promoter holding of 96.00% and a public holding of 4.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
India Advantage Commodities Private LimitedActive 19 years 2 monthsPallavi Mehta and Pravin Mehta are mutual person
Allround Consultancy Services India LlpActive 8 years 11 monthsPravin Mehta and Vineet Mehta are mutual person
- Purva Consultancy Services Private LimitedActive 24 years 2 months
Pravin Mehta and Vineet Mehta are mutual person
- Mehta Trend Analysis Consultancy Private LimitedActive 24 years 2 days
Pravin Mehta and Vineet Mehta are mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Union Bank Of India Creation Date: 22 Feb 2008 | ₹38.00 Cr | Open |
Others Creation Date: 26 Oct 2021 | ₹10.00 Cr | Satisfied |
Others Creation Date: 13 Feb 2017 | ₹5.00 Cr | Satisfied |
How Many Employees Work at India Advantage Securities?
India Advantage Securities has a workforce of 14 employees as of Apr 07, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of India Advantage Securities, 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 India Advantage Securities'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.
