Adviceamerica Software Development Centre Private Limited

Adviceamerica Software Development Centre Private Limited - information technology in Bengaluru, Karnataka, India. FY 2026 financials & compliance.
CIN U72200KA2003PTC031729 Incorporated 21 March 2003 ROC Bangalore HQ Bengaluru, Karnataka, India
Pending Strike Off Private Limited Company information technology
Revenue · FY 2024
₹2.62 Lakh
▼ 45% YoY
Net loss · FY 2024
₹73.74 Lakh
Latest filing
EBITDA · FY 2024
-₹1.48 Lakh
EBITDA margin -56.5%
Authorised capital
₹25 Lakh
Registered with MCA
Paid-up capital
₹2.64 Lakh
Issued & subscribed
Company age
23 yrs
Est. 2003
Employees · EPFO
65
Provident fund records
Directors on board
2
As per MCA filings

About Adviceamerica Software Development Centre Private Limited

Data last updated:

Adviceamerica Software Development Centre Private Limited is a private limited company based in Bengaluru, Karnataka, India, a subsidiary of Tegra118 Ws Corporation. The company is currently under process of striking off by the Registrar of Companies. The removal process has been initiated but is not yet final, and the company may be struck off soon. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 21 March 2003.

The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72200KA2003PTC031729. Its GSTIN is 29AAECA2942E1ZV (Karnataka).

The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹2.64 Lakh. It is led by directors Cheryl Ann Nash and Manoj Chander Pandey.

Its last annual general meeting (AGM) was held on 05 August 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at No. 43 Electronic City Phase I Hosur Road, Bengaluru, Karnataka, India – 560100.

As per the financials filed for FY 2024, the company reported a revenue of ₹2.62 Lakh, a decline of 45% compared to the previous year. For the same year it recorded a net loss of ₹73.74 Lakh and EBITDA of -₹1.48 Lakh (EBITDA margin -56.5%). Revenue has declined at a compounded annual rate (CAGR) of 88% over three years and 74% over five years.

The company has about 65 employees on its provident fund (EPFO) records.

Company details

CIN U72200KA2003PTC031729
Registration Number 031729
Incorporation Date 21 March 2003
ROC Bangalore
Listing Status Unlisted
Company Status Under Process of Striking Off
Parent Company Tegra118 Ws Corporation
Compliance Status Active Compliant

Contact details

Adviceamerica Software Development Centre Private Limited's registered office is in Bengaluru, Karnataka. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    No. 43 Electronic City Phase I Hosur Road, Bengaluru, Karnataka, India – 560100
  • Industry
    Information Technology, Application Development & Software Solutions

To see the full contact details of Adviceamerica Software Development Centre Private Limited, buy the company report.

Comprehensive company report
Adviceamerica Software Development Centre Private Limited - one report that includes everything
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  • Historical financials and ratios
  • Shareholding pattern and group structure
  • Charges with holder and property details
  • Legal cases, compliance and MCA filings
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Financials of Adviceamerica Software Development Centre Private Limited

FY 2024 filings available

Adviceamerica Software Development Centre Private Limited reported revenue of ₹2.62 Lakh (down 45% YoY) for FY 2024.

Revenue · FY 2024
₹2.62 Lakh ▼ 45%
Net loss · FY 2024
₹73.74 Lakh
EBITDA · FY 2024
-₹1.48 Lakh margin -56.5%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 45%
3 years · compounded
▼ 88%
5 years · compounded
▼ 74%
EBITDA CAGR growth
1 year
▲ 77%
3 years · compounded
▼ 27%
5 years · compounded
▼ 15%

Revenue has declined at a compounded annual rate (CAGR) of 74% over five years, including a 45% fall in the latest year. EBITDA rose 77% 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA-₹1.48 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹73.74 Lakh
Balance Sheet
Share Capital
Reserves and Surplus
Net Worth (Total Equity)
Long-term Borrowings
Short-term Borrowings
Trade Payables
Total Liabilities
Fixed Assets
Investments
Inventories
Trade Receivables
Cash and Bank Balance
Total Assets

Financial Ratios

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin-56.5%
Net Profit Margin
Return on Equity (ROE)
Return on Capital Employed (ROCE)
Return on Assets (ROA)
Liquidity and Debt
Current Ratio
Quick Ratio
Debt-to-Equity Ratio
Interest Coverage Ratio
Efficiency and Growth
Asset Turnover
Receivable Days
Payable Days
Inventory Days
Revenue Growth
Net Profit Growth

To see the full financial statements and ratios of Adviceamerica Software Development Centre Private Limited, buy the company report.

Board of directors of Adviceamerica Software Development Centre Private Limited

Adviceamerica Software Development Centre has 2 current directors and 15 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Cheryl Ann NashDirector24 Jun 201115 Years 4 MonthsCurrent
Manoj Chander PandeyAdditional Director02 May 20251 Years 6 MonthsCurrent

Auditor

Adviceamerica Software Development Centre Private Limited is audited by VSPV & Co. for the financial year 2023.

Auditor firmFinancial yearFirm registration number
VSPV & Co.FY 2023005483N

Shareholding

The shareholding of Adviceamerica Software Development Centre 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 categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Adviceamerica Software Development Centre Private Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Adviceamerica Software Development Centre Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Adviceamerica Software Development Centre has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
29AAECA2942E1ZVKarnatakaActive01 Jul 2017

To see the full GST registrations and return filing status of Adviceamerica Software Development Centre Private Limited, buy the company report.

Recent activity

Adviceamerica Software Development Centre Private Limited has 17 board changes on record since 2010: 2 appointments and 15 cessations. The latest: Manoj Chander Pandey was appointed as Additional Director on 02 May 2025.

Appointed
Manoj Chander Pandey was appointed as Additional Director.
AGM
Adviceamerica Software Development Centre Private Limited last Annual general meeting of members was held on 05 Aug 2024 as per latest MCA records.
Filing
Adviceamerica Software Development Centre Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
Ceased
Tamara Lyn Durante ceased to be Director.
Ceased
Abhishek Sharma ceased to be Additional Director.
Ceased
Ramesh Patibanda ceased to be Director.
Ceased
Natarajan Nandhi ceased to be Director.
Ceased
Anthony Clayton Perkins ceased to be Additional Director.
Ceased
Anil Kumar Maurya ceased to be Whole-Time Director.
Ceased
Clifford Bradley Prodger ceased to be Additional Director.
Ceased
Ram Kumar Puppala ceased to be Director.
Ceased
Sharda Narayan Purohit ceased to be Additional Director.

8 earlier events are in the company report.

Frequently asked questions

Adviceamerica Software Development Centre is currently "Under Process of Striking Off" as per MCA records. The Registrar of Companies has initiated the process to remove the company from the register, typically due to non-filing of statutory returns. This process is not yet final, but the company may be struck off soon. Caution is advised before entering into any agreements with this entity.

Adviceamerica Software Development Centre is a company pending strike off, currently registered as a private limited company based in Bengaluru, Karnataka, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 21 March 2003 and is registered under CIN U72200KA2003PTC031729. The company may be struck off soon - caution is advised.

The compliance status of Adviceamerica Software Development Centre is compliant as of 31 July 2026.

Adviceamerica Software Development Centre has 2 current directors:

The CIN (Corporate Identification Number) of Adviceamerica Software Development Centre is U72200KA2003PTC031729. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Adviceamerica Software Development Centre was incorporated on 21 March 2003. It is registered with the Registrar of Companies, Bangalore.

The registered office of Adviceamerica Software Development Centre is at No. 43 Electronic City Phase I Hosur Road, Bengaluru, Karnataka, India – 560100.

The latest financial statements of Adviceamerica Software Development Centre on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 05 August 2024. Year-wise statements from 2015 are in the company report.

The GSTIN of Adviceamerica Software Development Centre is 29AAECA2942E1ZV, registered in Karnataka.

Adviceamerica Software Development Centre operates in the information technology industry, in the application development and software solutions segment.