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Avance Lighting Industries Private Limited - consumer electronics & durables in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹15.87 Cr
▼ 17% YoY
Net profit · FY 2024
₹1.16 Cr
Net margin 7.3%
EBITDA · FY 2024
₹1.95 Cr
EBITDA margin 12.3%
Authorised capital
₹50 Lakh
Registered with MCA
Paid-up capital
₹10 Lakh
Issued & subscribed
Company age
6 yrs
Est. 2020
Employees · EPFO
41
Provident fund records
Directors on board
4
As per MCA filings
About Avance Lighting Industries Private Limited
Data last updated:
Avance Lighting Industries Private Limited is a private limited company based in Mumbai, Maharashtra, India, recognised as a startup by DPIIT. It operates in the electronics manufacturing segment of the consumer electronics and durables sector. It was incorporated on 30 January 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U29309MH2020PTC336880. Its GSTIN is 27AATCA2439B1ZQ (Maharashtra).
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors including Sumit Baid and Ankit Baid Jain.
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 Shop No – 313 Powai Plaza Cst No.5 Mtrn Room 31 Hiranandani Garden Powai, Mumbai, Maharashtra, India – 400076.
As per the financials filed for FY 2024, the company reported a revenue of ₹15.87 Cr, a decline of 17% compared to the previous year. For the same year it recorded a net profit of ₹1.16 Cr (net margin 7.3%) and EBITDA of ₹1.95 Cr (EBITDA margin 12.3%). Revenue has grown at a compounded annual rate (CAGR) of 673% over three years.
The company has about 41 employees on its provident fund (EPFO) records.
Avance Lighting Industries Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0083750). For more details, the company can be reached via its website avanceindustries.com.
Company details
CIN U29309MH2020PTC336880
Registration Number 336880
Incorporation Date 30 January 2020
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
DPIIT Recognition Recognised Startup
MSME Classification Small
Udyam Registration UDYAM-MH-19-0083750
Recognitions & Rankings of Avance Lighting Industries
MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-19-0083750
Contact details
Avance Lighting Industries Private Limited's registered office is in Mumbai, Maharashtra. Its website is avanceindustries.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressShop No – 313 Powai Plaza Cst No.5 Mtrn Room 31 Hiranandani Garden Powai, Mumbai, Maharashtra, India – 400076
- IndustryConsumer Electronics & Durables, Electronics Manufacturing
To see the full contact details of Avance Lighting Industries Private Limited, buy the company report.
Comprehensive company report
Avance Lighting Industries Private Limited - one report that includes everything
- 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
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Business activity
The main business activity of Avance Lighting Industries is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment |
To see the full business activity and turnover split of Avance Lighting Industries Private Limited, buy the company report.
Financials of Avance Lighting Industries Private Limited
FY 2025 filings availableAvance Lighting Industries Private Limited reported revenue of ₹15.87 Cr (down 17% YoY) for FY 2024.
Revenue · FY 2024
₹15.87 Cr ▼ 17%
Net profit · FY 2024
₹1.16 Cr margin 7.3%
EBITDA · FY 2024
₹1.95 Cr margin 12.3%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 17%
3 years · compounded
▲ 673%
EBITDA CAGR growth
1 year
▼ 24%
3 years · compounded
▲ 173%
Revenue fell 17% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 673%. EBITDA fell 24% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹1.95 Cr | ||||
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| Net Profit (PAT) | ₹1.16 Cr | ||||
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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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| Profitability | |||||
| EBITDA Margin | 12.3% | ||||
| Net Profit Margin | 7.3% | ||||
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To see the full financial statements and ratios of Avance Lighting Industries Private Limited, buy the company report.
Board of directors of Avance Lighting Industries Private Limited
Avance Lighting Industries has 4 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sumit Baid Also directs: Milestone Eximp Private Limited | Director | 22 Nov 2021 | 4 Years 11 Months | Current |
| Ankit Baid Jain | Director | 30 Jan 2020 | 6 Years 8 Months | Current |
| Rajesh Kumar Kamal Chand Baid Also directs: Milestone Eximp Private Limited, Om Harika Builders and Developers LLP, Shivrudra Realty Projects Private Limited and 1 more | Director | 30 Jan 2020 | 6 Years 8 Months | Current |
| Rahul Premchand Nahar | Director | 30 Jan 2020 | 6 Years 8 Months | Current |
Peer comparison
Avance Lighting Industries Private Limited is compared with the 4 companies closest to it by revenue in the Consumer Durables industry (Lighting), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Yasen Lighting Private Limited | ₹17.78 Cr (FY 2025) | 159.0% | Jaipur, Rajasthan, India | |||
| Olikara Lighting Towers Private Limited | ₹16.16 Cr (FY 2024) | -16.0% | Pune, Maharashtra, India | |||
| Avance Lighting Industries Private Limitedthis company | ₹15.87 Cr (FY 2024) | ₹1.16 Cr | 7.3% | -17.0% | 41 | Mumbai, Maharashtra, India |
| Alcled Lighting Private Limited | ₹15.07 Cr (FY 2023) | 46.0% | Delhi, India | |||
| High Street Lighting Private Limited | ₹14.67 Cr (FY 2025) | -30.0% | New Delhi, Delhi, India |
To see the full peer comparison of Avance Lighting Industries Private Limited, buy the company report.
Auditor
Avance Lighting Industries Private Limited is audited by Vinod Kumar Jain & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Vinod Kumar Jain & Co. | FY 2023 | 111513W |
Shareholding
The shareholding of Avance Lighting Industries Private Limited is on record for 3 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 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Avance Lighting Industries Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Avance Lighting Industries 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 Lighting Industries Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Avance Lighting Industries Private Limited has a workforce of 41 employees on its EPFO records as of Apr 01, 2024, across 1 active EPFO establishment.
Employee count
41
Active EPFO establishments
1
Employee growth
156.25%
GST
Avance Lighting Industries has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AATCA2439B1ZQ | Maharashtra | Active | 28 Oct 2020 |
To see the full GST registrations and return filing status of Avance Lighting Industries Private Limited, buy the company report.
Recent activity
Avance Lighting Industries Private Limited has 4 board changes on record since 2020: 4 appointments. The latest: Sumit Baid was appointed as Director on 22 Nov 2021.
AGM
Avance Lighting Industries Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Avance Lighting Industries Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai I.
Appointed
Sumit Baid was appointed as Director.
Appointed
Ankit Baid Jain was appointed as Director.
Appointed
Rahul Premchand Nahar was appointed as Director.
Appointed
Rajesh Kumar Kamal Chand Baid was appointed as Director.
Incorporation
30 Jan 2020
Avance Lighting Industries Private Limited was registered on 30 Jan 2020 with Roc Mumbai I & aged 6 years 9 months as per MCA records.
Frequently asked questions
Avance Lighting Industries is an active private limited company based in Mumbai, Maharashtra, India. The company works in electronics manufacturing, within the consumer electronics and durables industry. It was incorporated on 30 January 2020 (6+ years old) and is registered under CIN U29309MH2020PTC336880.
Avance Lighting Industries has 4 current directors:
- Sumit Baid - Director
- Ankit Baid Jain - Director
- Rajesh Kumar Kamal Chand Baid - Director
- Rahul Premchand Nahar - Director
The latest financial statements of Avance Lighting Industries 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 2020 are in the company report.
The GSTIN of Avance Lighting Industries is 27AATCA2439B1ZQ, registered in Maharashtra.
The CIN (Corporate Identification Number) of Avance Lighting Industries is U29309MH2020PTC336880. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Avance Lighting Industries was incorporated on 30 January 2020, making it 6+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Avance Lighting Industries by revenue are Yasen Lighting Private Limited, Olikara Lighting Towers Private Limited, Alcled Lighting Private Limited, High Street Lighting Private Limited, all in the Consumer Durables industry (Lighting), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment).
Sumit Baid was appointed as Director on 22 Nov 2021. Ankit Baid Jain was appointed as Director on 30 Jan 2020. Rahul Premchand Nahar was appointed as Director on 30 Jan 2020. Avance Lighting Industries has 4 board changes on record in total.
Yes, Avance Lighting Industries is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Avance Lighting Industries is registered as a small enterprise under Udyam registration (number: UDYAM-MH-19-0083750).
Avance Lighting Industries can be reached through the website avanceindustries.com. Its registered office is in Mumbai, Maharashtra, India.