About Advectus Solutions India Private Limited
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Advectus Solutions India Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 17 October 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74999KA2018PTC117666. Its GSTIN is 29AARCA4709J1Z6 (Karnataka).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors Bangalore Narayana Venukumar and Geeta Janardhan Sherveghar.
Its last annual general meeting (AGM) was held on 25 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Bangalore, Karnataka.
As per the financials filed for FY 2024, the company reported a revenue of ₹13.25 Cr. For the same year it recorded a net profit of ₹41.97 Lakh (net margin 3.2%) and EBITDA of ₹1.14 Cr (EBITDA margin 8.6%). Revenue has grown at a compounded annual rate (CAGR) of 21% over three years.
The company has about 52 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Advectus. As per MCA filings, the company has open charges of ₹1.25 Cr on record.
For more details, the company can be reached via its website advectus.net.
Company details
Contact details
Advectus Solutions India Private Limited's registered office is in Bangalore, Karnataka. Its website is advectus.net. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressNo 755 4th Floor, 80 Feet Road 4th Block, Bangalore, Karnataka, India – 560034
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of Advectus Solutions 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
Brands
Advectus Solutions India operates one associated brand: Advectus. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Cloud-based platform for dealership management in auto and equipment sectors. | advectus.net |
Business activity
The main business activity of Advectus Solutions India 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 |
To see the full business activity and turnover split of Advectus Solutions India Private Limited, buy the company report.
Financials of Advectus Solutions India Private Limited
FY 2024 filings availableAdvectus Solutions India Private Limited reported revenue of ₹13.25 Cr for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 21% over three years. EBITDA rose 1% 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
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| EBITDA | ₹1.14 Cr | ||||
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| Net Profit (PAT) | ₹41.97 Lakh | ||||
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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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| EBITDA Margin | 8.6% | ||||
| Net Profit Margin | 3.2% | ||||
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To see the full financial statements and ratios of Advectus Solutions India Private Limited, buy the company report.
Board of directors of Advectus Solutions India Private Limited
Advectus Solutions India has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Bangalore Narayana Venukumar Also directs: Evt Cloudservices Private Limited | Director | 17 Oct 2018 | 8 Years 0 Months | Current |
| Geeta Janardhan Sherveghar Also directs: Evt Cloudservices Private Limited | Director | 17 Oct 2018 | 8 Years 0 Months | Current |
Peer comparison
Advectus Solutions India 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 |
|---|---|---|---|---|---|---|
| Textual Analytics Solutions Private Limited | ₹13.27 Cr (FY 2025) | 0.0% | Bangalore, Karnataka, India | |||
| Flytbase Labs Private Limited | ₹13.27 Cr (FY 2025) | 35.0% | Pune, Maharashtra, India | |||
| Wobot Intelligence Private Limited | ₹13.27 Cr (FY 2025) | 54.0% | Delhi, India | |||
| Doryo Technologies India Private Limited | ₹13.27 Cr (FY 2024) | -8.0% | Pune, Maharashtra, India | |||
| Exalogico Systems and Services Private Limited | ₹13.26 Cr (FY 2025) | 23.0% | Bangalore, Karnataka, India | |||
| Advectus Solutions India Private Limitedthis company | ₹13.25 Cr (FY 2024) | ₹41.97 Lakh | 3.2% | 52 | Bangalore, Karnataka, India | |
| Two99 Tech Marketing Private Limited | ₹13.25 Cr (FY 2025) | 85.0% | Meerut, Uttar Pradesh, India | |||
| Atrina Technologies Private Limited | ₹13.23 Cr (FY 2024) | 51.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Advectus Solutions India Private Limited, buy the company report.
Auditor
Advectus Solutions India Private Limited is audited by SHASHIDHARA AND MAMATHA for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SHASHIDHARA AND MAMATHA | FY 2023 | 225575 |
Shareholding
The shareholding of Advectus Solutions 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 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
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To see the full shareholding pattern of Advectus Solutions India Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Jul 2023 | 100768830 | Axis Bank Limited | ₹1.25 Cr | Open |
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Advectus Solutions 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 Advectus Solutions India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Advectus Solutions India Private Limited has a workforce of 52 employees on its EPFO records as of Mar 30, 2024, across 1 active EPFO establishment.
GST
Advectus Solutions India has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AARCA4709J1Z6 | Karnataka | Active | 04 Dec 2018 |
To see the full GST registrations and return filing status of Advectus Solutions India Private Limited, buy the company report.
Recent activity
Advectus Solutions India Private Limited has 2 board changes on record since 2018: 2 appointments. The latest: Bangalore Narayana Venukumar was appointed as Director on 17 Oct 2018.
Frequently asked questions
Advectus Solutions India is an active private limited company based in Bangalore, Karnataka, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 17 October 2018 (8+ years old) and is registered under CIN U74999KA2018PTC117666.
Advectus Solutions India has 2 current directors:
- Bangalore Narayana Venukumar - Director
- Geeta Janardhan Sherveghar - Director
The latest financial statements of Advectus Solutions India on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 25 September 2024. Year-wise statements from FY 2019 are in the company report.
The GSTIN of Advectus Solutions India is 29AARCA4709J1Z6, registered in Karnataka.
The CIN (Corporate Identification Number) of Advectus Solutions India is U74999KA2018PTC117666. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Advectus Solutions India was incorporated on 17 October 2018, making it 8+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Advectus Solutions India by revenue are Textual Analytics Solutions Private Limited, Flytbase Labs Private Limited, Wobot Intelligence Private Limited, Doryo Technologies India Private Limited, Exalogico Systems and Services Private Limited and 2 more, all in the same principal business activity (computer programming, consultancy and related activities).
Bangalore Narayana Venukumar was appointed as Director on 17 Oct 2018. Geeta Janardhan Sherveghar was appointed as Director on 17 Oct 2018.
Advectus Solutions India can be reached through the website advectus.net. Its registered office is in Bangalore, Karnataka, India.
The registered office of Advectus Solutions India is at No 755 4th Floor, 80 Feet Road 4th Block, Bangalore, Karnataka, India – 560034.
Advectus Solutions India operates in the information technology industry, in the IT consulting and support services segment.
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