Advanced Innovative Network Private Limited
About Advanced Innovative Network Private Limited
Data last updated:
Advanced Innovative Network Private Limited is a private limited company based in Cuttack, Odisha, India. It operates in the management consultancy segment of the business services sector. It was incorporated on 20 May 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Cuttack, under CIN U72200OR2010PTC012008.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Manoj Maroo and Babita Maroo.
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 C/O G.C. Sahu 31 – A Cantonement Road, Cuttack, Odisha, India – 753001.
As per the financials filed for FY 2024, the company reported a revenue of ₹17,755, a decline of 85% compared to the previous year. For the same year it recorded a net loss of ₹81,943 (net margin -461.5%) and EBITDA of -₹81,943 (EBITDA margin -461.5%). Revenue has declined at a compounded annual rate (CAGR) of 44% over three years and 38% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered AddressC/O G.C. Sahu 31 – A Cantonement Road, Cuttack, Odisha, India – 753001
- IndustryBusiness Services, Management Consultancy
- 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
- One PDF report, delivered after checkout
Financials of Advanced Innovative Network Private Limited FY 2024 filings available
Advanced Innovative Network Private Limited reported revenue of ₹17,755 (down 85% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Advanced Innovative Network Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 38% over five years, including a 85% fall in the latest year. EBITDA fell 356% 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 of Advanced Innovative Network Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 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 | -₹81,943 | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹81,943 | •••• | •••• | •••• | •••• |
| 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 of Advanced Innovative Network Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -461.5% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -461.5% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Advanced Innovative Network are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Auditor Details of Advanced Innovative Network Private Limited
Advanced Innovative Network Private Limited is audited by JBMT & ASSOCIATES for the financial year 2017.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| JBMT & ASSOCIATES | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Advanced Innovative Network Private Limited
Advanced Innovative Network has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Manoj Maroo Also directs: Atmanam Foundation | Director | 30 Jan 2013 | 13 Years 8 Months | Current |
| Babita Maroo | Director | 30 Jan 2013 | 13 Years 8 Months | Current |
Ownership and Shareholding of Advanced Innovative Network Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Advanced Innovative Network Private Limited
Advanced Innovative Network Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Advanced Innovative Network Private Limited
Employment history and EPFO contributions of people linked to Advanced Innovative Network.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Advanced Innovative Network Private Limited
Advanced Innovative Network Private Limited has 4 board changes on record since 2013: 2 appointments and 2 cessations. The latest: Hitikanta Sahoo ceased to be Director on 12 Sep 2013.
Credit Ratings, Litigation & Regulatory Alerts for Advanced Innovative Network Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Advanced Innovative Network Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Advanced Innovative Network Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Advanced Innovative Network Private Limited
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Advanced Innovative Network Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Advanced Innovative Network Private Limited
Advanced Innovative Network is an active private limited company based in Cuttack, Odisha, India. The company works in management consultancy, within the business services industry. It was incorporated on 20 May 2010 (16+ years old) and is registered under CIN U72200OR2010PTC012008.
Advanced Innovative Network reported revenue of ₹17,755 for FY 2024 (down 85% YoY).
Advanced Innovative Network has 2 current directors:
- Manoj Maroo - Director
- Babita Maroo - Director
Advanced Innovative Network reported a net loss of ₹81,943 (net margin -461.5%) and EBITDA of -₹81,943 (EBITDA margin -461.5%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Advanced Innovative Network is -44% over three years and -38% over five years. In the latest year (FY 2024) revenue fell 85%. CAGR is the steady yearly rate that links the first and the last year.
The CIN (Corporate Identification Number) of Advanced Innovative Network is U72200OR2010PTC012008. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Advanced Innovative Network was incorporated on 20 May 2010, making it 16+ years old. It is registered with the Registrar of Companies, Cuttack.
Hitikanta Sahoo ceased to be Director on 12 Sep 2013. Subarna Sahoo ceased to be Director on 12 Sep 2013. Babita Maroo was appointed as Director on 30 Jan 2013. Advanced Innovative Network has 4 board changes on record in total.
The registered office of Advanced Innovative Network is at CO G.C. Sahu 31 – A Cantonement Road, Cuttack, Odisha, India – 753001.
Advanced Innovative Network has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh.