About Avacare Shared Services (India) Private Limited
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Avacare Shared Services (India) Private Limited is a private limited company based in Borivlai East, Maharashtra, India, a subsidiary of Innovata. It operates in the business process outsourcing sector. It was incorporated on 30 November 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74999MH2016PTC288045. Its GSTIN is 27AAOCA9535B1ZK (Maharashtra).
The company has an authorised share capital of ₹60 Lakh and a paid-up capital of ₹60 Lakh. It is led by directors Vithal Govind Dhamankar and Dip Samirbhai Desai.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Borivlai East, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹11.48 Cr, a decline of 18% compared to the previous year. For the same year it recorded a net profit of ₹92.86 Lakh (net margin 8.1%) and EBITDA of ₹1.41 Cr (EBITDA margin 12.3%). Revenue has declined at a compounded annual rate (CAGR) of 11% over three years and 1% over five years.
The company has about 55 employees on its provident fund (EPFO) records.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website avacarehealth.com.
Company details
Contact details
Avacare Shared Services (India) Private Limited's registered office is in Borivlai East, Maharashtra. Its website is avacarehealth.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressOffice No.501 B – Wing The Western Edge II Premises, Co – Op Society Ltd Off Western Express Highway Borivali East Mumbai – 400066., Borivlai East, Maharashtra, India – 400066
- IndustryBusiness Outsourcing, Business Process Outsourcing
To see the full contact details of Avacare Shared Services (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 Avacare Shared Services (India) is support service to organizations. In detail, this covers office administrative and other business activities including call centers, organising conventions, collection agencies, packaging activities etc..
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| N | Support service to Organizations | N6 | Office administrative and other business activities including call centers, organising conventions, collection agencies, packaging activities etc. |
To see the full business activity and turnover split of Avacare Shared Services (India) Private Limited, buy the company report.
Financials of Avacare Shared Services (India) Private Limited
FY 2025 filings availableAvacare Shared Services (India) Private Limited reported revenue of ₹11.48 Cr (down 18% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 1% over five years, including a 18% fall in the latest year. EBITDA fell 27% 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹1.41 Cr | ||||
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| Net Profit (PAT) | ₹92.86 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA Margin | 12.3% | ||||
| Net Profit Margin | 8.1% | ||||
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To see the full financial statements and ratios of Avacare Shared Services (India) Private Limited, buy the company report.
Board of directors of Avacare Shared Services (India) Private Limited
Avacare Shared Services (India) has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vithal Govind Dhamankar Also directs: Avacare India Private Limited | Director | 20 Aug 2019 | 7 Years 2 Months | Current |
| Dip Samirbhai Desai Also directs: Avacare India Private Limited | Nominee Director | 30 Nov 2016 | 9 Years 10 Months | Current |
Auditor
Avacare Shared Services (India) Private Limited is audited by PANSARI GARG & ASSOCIATES for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PANSARI GARG & ASSOCIATES | FY 2022 | 128547W |
Shareholding
The shareholding of Avacare Shared Services (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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To see the full shareholding pattern of Avacare Shared Services (India) Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Avacare Shared Services (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 Avacare Shared Services (India) Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Avacare Shared Services (India) Private Limited has a workforce of 55 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
GST
Avacare Shared Services (India) has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAOCA9535B1ZK | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Avacare Shared Services (India) Private Limited, buy the company report.
Recent activity
Avacare Shared Services (India) Private Limited has 6 board changes on record since 2016: 2 appointments and 4 cessations. The latest: Vithal Govind Dhamankar ceased to be Additional Director on 30 Sep 2019.
Frequently asked questions
Avacare Shared Services (India) is an active private limited company based in Borivlai East, Maharashtra, India. The company works in business process outsourcing, within the business outsourcing industry. It was incorporated on 30 November 2016 (10+ years old) and is registered under CIN U74999MH2016PTC288045.
Avacare Shared Services (India) has 2 current directors:
- Vithal Govind Dhamankar - Director
- Dip Samirbhai Desai - Nominee Director
The latest financial statements of Avacare Shared Services (India) on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2017 are in the company report.
The GSTIN of Avacare Shared Services (India) is 27AAOCA9535B1ZK, registered in Maharashtra.
The CIN (Corporate Identification Number) of Avacare Shared Services (India) is U74999MH2016PTC288045. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Avacare Shared Services (India) was incorporated on 30 November 2016, making it 10+ years old. It is registered with the Registrar of Companies, Mumbai.
Vithal Govind Dhamankar ceased to be Additional Director on 30 Sep 2019. Shailesh Kailashchandra Singhal ceased to be Director on 20 Aug 2019. Vithal Govind Dhamankar was appointed as Director on 20 Aug 2019. Avacare Shared Services (India) has 6 board changes on record in total.
Avacare Shared Services (India) can be reached through the website avacarehealth.com. Its registered office is in Borivlai East, Maharashtra, India.
The registered office of Avacare Shared Services (India) is at Office No.501 B – Wing The Western Edge II Premises, Co – Op Society Ltd Off Western Express Highway Borivali East Mumbai – 400066., Borivlai East, Maharashtra, India – 400066.
Avacare Shared Services (India) operates in the business outsourcing industry, in the business process outsourcing segment.