Avance Infosystems Private Limited
About Avance Infosystems Private Limited
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Avance Infosystems Private Limited is a private limited company based in Pune, Maharashtra, India. It operates in the software segment of the printing and publishing sector. It was incorporated on 13 November 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U72900PN2015PTC157226. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Vithika Srivstava Kartik and Rahul Gupta.
Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at Sno.210/2 Park Street Ph – I Ruby Park Wakad Fl – J/301, Pune, Maharashtra, India – 411057.
As per the financials filed for FY 2019, the company reported a revenue of ₹36,395. For the same year it recorded a net profit of ₹7,482 (net margin 20.6%) and EBITDA of ₹7,482 (EBITDA margin 20.6%). Revenue has declined at a compounded annual rate (CAGR) of 61% over three years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Avance Infosystems Private Limited's registered office is in Pune, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressSno.210/2 Park Street Ph – I Ruby Park Wakad Fl – J/301, Pune, Maharashtra, India – 411057
- IndustryPrinting & Publishing, Software, Games, Publishing, Application Software, System Software
To see the full contact details of Avance Infosystems 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 Avance Infosystems is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities |
Financials of Avance Infosystems Private Limited
FY 2019 filings availableAvance Infosystems Private Limited reported revenue of ₹36,395 for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 61% over three years. EBITDA rose 129% 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 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
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| EBITDA | ₹7,482 | |||
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| Net Profit (PAT) | ₹7,482 | |||
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Financial Ratios
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
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| Profitability | ||||
| EBITDA Margin | 20.6% | |||
| Net Profit Margin | 20.6% | |||
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To see the full financial statements and ratios of Avance Infosystems Private Limited, buy the company report.
Board of directors of Avance Infosystems Private Limited
Avance Infosystems has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vithika Srivstava Kartik | Director | 12 Aug 2016 | 10 Years 2 Months | Current |
| Rahul Gupta | Director | 13 Nov 2015 | 10 Years 11 Months | Current |
Peer comparison
Avance Infosystems Private Limited is compared with the 7 companies closest to it by revenue in the same principal business activity (computer programming, consultancy and related activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Roamonix Technologies Private Limited | ₹36,581 (FY 2023) | 73062.0% | Hyderabad, Telangana, India | |||
| Dapple Technologies Private Limited | ₹36,580 (FY 2025) | -82.0% | Delhi, India | |||
| Bestwin Solutions Private Limited | ₹36,551 (FY 2023) | -97.0% | Ongole, Andhra Pradesh, India | |||
| Finayam Services Private Limited | ₹36,501 (FY 2024) | Delhi, India | ||||
| Cosbog Innovation Private Limited | ₹36,500 (FY 2023) | 1.0% | Chennai, Tamil Nadu, India | |||
| Avance Infosystems Private Limitedthis company | ₹36,395 (FY 2019) | ₹7,482 | 20.6% | Pune, Maharashtra, India | ||
| Mosad Infoways Private Limited | ₹36,382 (FY 2024) | -98.0% | Ernakulam, Kerala, India | |||
| Confibuddy Consultancy Private Limited | ₹36,363 (FY 2023) | -48.0% | Durgapur, West Bengal, India |
To see the full peer comparison of Avance Infosystems Private Limited, buy the company report.
Auditor
Avance Infosystems Private Limited is audited by PATIL RANADIVE & ASSOCIATES LLP for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PATIL RANADIVE & ASSOCIATES LLP | FY 2017 | 107816W |
Shareholding
The shareholding of Avance Infosystems Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Avance Infosystems Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Avance Infosystems 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 Avance Infosystems Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Avance Infosystems has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Avance Infosystems Private Limited, buy the company report.
Recent activity
Avance Infosystems Private Limited has 3 board changes on record since 2015: 2 appointments and 1 cessation. The latest: Manjali Arora ceased to be Director on 08 Aug 2017.
Frequently asked questions
Avance Infosystems is an active private limited company based in Pune, Maharashtra, India. The company works in software, within the printing and publishing industry. It was incorporated on 13 November 2015 (11+ years old) and is registered under CIN U72900PN2015PTC157226.
Avance Infosystems has 2 current directors:
- Vithika Srivstava Kartik - Director
- Rahul Gupta - Director
The latest financial statements of Avance Infosystems on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 30 September 2019. Year-wise statements from FY 2016 are in the company report.
No. Avance Infosystems has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Avance Infosystems is U72900PN2015PTC157226. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Avance Infosystems was incorporated on 13 November 2015, making it 11+ years old. It is registered with the Registrar of Companies, Pune.
The peers of Avance Infosystems by revenue are Roamonix Technologies Private Limited, Dapple Technologies Private Limited, Bestwin Solutions Private Limited, Finayam Services Private Limited, Cosbog Innovation Private Limited and 2 more, all in the same principal business activity (computer programming, consultancy and related activities).
Manjali Arora ceased to be Director on 08 Aug 2017. Vithika Srivstava Kartik was appointed as Director on 12 Aug 2016. Rahul Gupta was appointed as Director on 13 Nov 2015.
The registered office of Avance Infosystems is at Sno.2102 Park Street Ph – I Ruby Park Wakad Fl – J301, Pune, Maharashtra, India – 411057.
Avance Infosystems operates in the printing and publishing industry, in the software segment.
The compliance status of Avance Infosystems is compliant as of 05 August 2026. The company is actively filing with the Registrar of Companies.