About Advanide India Private Limited
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Advanide India Private Limited is a foreign private limited company based in Mumbai, Maharashtra, India, a subsidiary of Advanide Holdings Pte. Ltd.. It operates in the semiconductor products and services segment of the technology and IT services sector. It was incorporated on 28 September 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74999MH2017FTC300198. Its GSTIN is 27AAQCA0820R1Z7 (Maharashtra).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Advanide - Advanced Id Electronics Private Limited. It is led by directors Rajesh Tawde and Holger Hubert Roessner.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Unit – 4 Western Edge – II Western Express Highway Borivali East, Mumbai, Maharashtra, India – 400066.
As per the financials filed for FY 2024, the company reported a revenue of ₹6.12 Cr, a growth of 19% compared to the previous year. For the same year it recorded a net profit of ₹50.31 Lakh (net margin 8.2%) and EBITDA of ₹85.25 Lakh (EBITDA margin 13.9%). Revenue has grown at a compounded annual rate (CAGR) of 41% over three years and 17% over five years.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website advanide.de.
Company details
Contact details
Advanide India Private Limited's registered office is in Mumbai, Maharashtra. Its website is advanide.de. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressUnit – 4 Western Edge – II Western Express Highway Borivali East, Mumbai, Maharashtra, India – 400066
- IndustryInformation Technology, Semiconductor Products & Services
To see the full contact details of Advanide India Private Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Business activity
The main business activity of Advanide India is professional, scientific and technical activities. In detail, this covers other professional, scientific and technical activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, scientific and technical activities | 74 | Other professional, scientific and technical activities |
To see the full business activity and turnover split of Advanide India Private Limited, buy the company report.
Financials of Advanide India Private Limited
FY 2024 filings availableAdvanide India Private Limited reported revenue of ₹6.12 Cr (up 19% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 17% over five years, including 19% growth in the latest year. EBITDA fell 42% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
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| EBITDA | ₹85.25 Lakh | ||||
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| Net Profit (PAT) | ₹50.31 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA Margin | 13.9% | ||||
| Net Profit Margin | 8.2% | ||||
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To see the full financial statements and ratios of Advanide India Private Limited, buy the company report.
Board of directors of Advanide India Private Limited
Advanide India has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rajesh Tawde | Director | 28 Sep 2017 | 9 Years 0 Months | Current |
| Holger Hubert Roessner | Director | 28 Sep 2017 | 9 Years 0 Months | Current |
Auditor
Advanide India Private Limited is audited by Chokshi and Co LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Chokshi and Co LLP | FY 2023 | 131228W/W100044 |
Shareholding
The shareholding of Advanide India Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
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| Domestic institutional investors (DII) | |||||
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| Others |
To see the full shareholding pattern of Advanide India Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Advanide India Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Advanide India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Advanide India has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAQCA0820R1Z7 | Maharashtra | Active | 17 Jan 2018 |
To see the full GST registrations and return filing status of Advanide India Private Limited, buy the company report.
Recent activity
Advanide India Private Limited has 2 board changes on record since 2017: 2 appointments. The latest: Holger Hubert Roessner was appointed as Director on 28 Sep 2017.
Frequently asked questions
Advanide India is an active foreign private limited company based in Mumbai, Maharashtra, India. The company works in semiconductor products and services, within the information technology industry. It was incorporated on 28 September 2017 (9+ years old) and is registered under CIN U74999MH2017FTC300198.
Advanide India has 2 current directors:
- Rajesh Tawde - Director
- Holger Hubert Roessner - Director
The latest financial statements of Advanide India on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2018 are in the company report.
The GSTIN of Advanide India is 27AAQCA0820R1Z7, registered in Maharashtra.
The CIN (Corporate Identification Number) of Advanide India is U74999MH2017FTC300198. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Advanide India was incorporated on 28 September 2017, making it 9+ years old. It is registered with the Registrar of Companies, Mumbai.
Holger Hubert Roessner was appointed as Director on 28 Sep 2017. Rajesh Tawde was appointed as Director on 28 Sep 2017.
Advanide India can be reached through the website advanide.de. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Advanide India is at Unit – 4 Western Edge – II Western Express Highway Borivali East, Mumbai, Maharashtra, India – 400066.
Advanide India operates in the information technology industry, in the semiconductor products and services segment.