India Advantage Securities Profile
Key Indicators
- Authorised Capital ₹ 20.00 Cr
- Paid Up Capital ₹ 8.65 Cr
- Company Age 20 Year, 19 Days
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 38.22 Cr
- Satisfied Charges ₹ 16.63 Cr
- Revenue Growth 72.57%
- Profit Growth 48.71%
- Ebitda -2.16%
- Net Worth 3.49%
- Total Assets -28.33%
About India Advantage Securities
India Advantage Securities Private Limited (IASPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 11 March 2005 and has a history of 20 years. Its registered office is in Mumbai, Maharashtra, India.
The Corporate was formerly known as Pravin Mehta Securities Private 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 2024. 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 ₹38.22 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, Vineet Mehta, and Pravin Mehta 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
U67120MH2005PTC330726
- Company No.
330726
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
11 Mar 2005
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Financial Services
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 Performance 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
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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 Limited
Pallavi Mehta and Pravin Mehta are mutual person
Allround Consultancy Services India LlpVineet Mehta and Pravin Mehta are mutual person
- Purva Consultancy Services Private Limited
Vineet Mehta and Pravin Mehta are mutual person
- Mehta Trend Analysis Consultancy Private Limited
Vineet Mehta and Pravin Mehta are mutual person
Charges (Loans)
Open Charges
₹38.22 Cr
Satisfied Charges
₹16.63 Cr
Charges Breakdown by Lending Institutions
- Union Bank Of India : 38.00 Cr
- Others : 0.22 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 21 May 2024 | Others | ₹2.23 M | Open |
| 22 Feb 2008 | Union Bank Of India | ₹38.00 Cr | Open |
| 26 Oct 2021 | Others | ₹10.00 Cr | Satisfied |
| 13 Feb 2017 | Others | ₹5.00 Cr | Satisfied |
| 06 Apr 2010 | Hdfc Bank Ltd. | ₹1.63 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.
Latest Updates, News, and FAQs on India Advantage Securities
Recent activity within the organization
- Annual General Meeting
India Advantage Securities Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Charges
A charge with Others amounted to Rs. 0.22 Cr with Charge ID 100929485 was registered on 21 May 2024.
- Balance Sheet
India Advantage Securities Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
- Charges
A charge registered on 06 Apr 2010 via Charge ID 10215666 with Hdfc Bank Ltd. was fully satisfied on 22 Nov 2022.
- Charges
A charge registered on 26 Oct 2021 via Charge ID 100494608 with Others was fully satisfied on 03 Nov 2022.
- Charges
A charge registered on 13 Feb 2017 via Charge ID 100091683 with Others was fully satisfied on 21 Oct 2022.
Frequently asked questions
What is the Incorporation or founding date of India Advantage Securities Private Limited?
India Advantage Securities Private Limited was incorporated on 11 Mar 2005.
What is authorized share capital and paid-up capital of India Advantage Securities Private Limited?
The authorized share capital of India Advantage Securities Private Limited is ₹ 20.00 Cr and paid-up capital is ₹ 8.65 Cr.
Who are the current board members & directors of India Advantage Securities Private Limited?
Currently 4 directors are associated with India Advantage Securities Private Limited.
- Pallavi Pravin Mehta
- Vineet Pravin Mehta
- Ketan Jamnadas Shah
- Pravin Dhanjibhai Mehta
What is the registered address of India Advantage Securities Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of India Advantage Securities Private Limited is 4Th Floor Om Plaza Building Vasanji Lalji Road Opp Railway Station, Kandivali West India, Mumbai, Maharashtra, 400067.
What is the corporate identification number (CIN) and company number of India Advantage Securities Private Limited?
The corporate identification number (CIN) of India Advantage Securities Private Limited is U67120MH2005PTC330726 and the company number is 330726 as per Ministry of Corporate Affairs (MCA).
What is the official website of India Advantage Securities Private Limited?
The Official website of India Advantage Securities Private Limited is https://www.indiaadvantage.co.in
What has been the recent revenue trend for India Advantage Securities Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for India Advantage Securities Private Limited has risen by 72.57%.
How many employees does India Advantage Securities Private Limited currently have?
As Per 2023 financial reports, 14 employees are currently employed by India Advantage Securities Private Limited.
What change has been observed in the net worth of India Advantage Securities Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of India Advantage Securities Private Limited has experienced an upsurge of 3.49%.
What are the total open charges for India Advantage Securities Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for India Advantage Securities Private Limited amount to ₹ 38.22 Cr.
When was the last Balance Sheet of India Advantage Securities Private Limited filed with the ROC?
The most recent Balance Sheet for India Advantage Securities Private Limited was filed with the ROC on 31 Mar 2024.
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