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Advent Biztech Solutions Private Limited - information technology in Pune, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2023
₹1.7 Cr
▼ 48% YoY
Net loss · FY 2023
₹1.26 Cr
Net margin -74.2%
EBITDA · FY 2023
-₹1.21 Cr
EBITDA margin -71.2%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
7 yrs
Est. 2019
Employees · EPFO
17
Provident fund records
Directors on board
3
As per MCA filings
About Advent Biztech Solutions Private Limited
Data last updated:
Advent Biztech Solutions Private Limited is a private limited company based in Pune, Maharashtra, India, recognised as a startup by DPIIT. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 06 June 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U72900PN2019PTC184600. Its GSTIN is 27AASCA3669G1Z7 (Maharashtra).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Nisha and Apoorva Chandrakant Sanglikar.
Its last annual general meeting (AGM) was held on 27 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at C/O Chandrakant Ramchandra Sanglikar Soosgaon Ravinagar Soosgaon, Pune, Maharashtra, India – 411007.
As per the financials filed for FY 2023, the company reported a revenue of ₹1.7 Cr, a decline of 48% compared to the previous year. For the same year it recorded a net loss of ₹1.26 Cr (net margin -74.2%) and EBITDA of -₹1.21 Cr (EBITDA margin -71.2%). Revenue has grown at a compounded annual rate (CAGR) of 236% over three years.
The company has about 17 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Advent Biztech.
Advent Biztech Solutions Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-26-0035785). For more details, the company can be reached via its website adventbiztech.com.
Company details
CIN U72900PN2019PTC184600
Registration Number 184600
Incorporation Date 06 June 2019
ROC Pune
Listing Status Unlisted
Company Status Active
Date of Last AGM 27 September 2023
Date of Balance Sheet 31 March 2023
DPIIT Recognition Recognised Startup
MSME Classification Micro
Udyam Registration UDYAM-MH-26-0035785
Recognitions & Rankings of Advent Biztech Solutions
MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MH-26-0035785
Contact details
Advent Biztech Solutions Private Limited's registered office is in Pune, Maharashtra. Its website is adventbiztech.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressC/O Chandrakant Ramchandra Sanglikar Soosgaon Ravinagar Soosgaon, Pune, Maharashtra, India – 411007
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of Advent Biztech Solutions Private Limited, buy the company report.
Comprehensive company report
Advent Biztech Solutions 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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Brands
Advent Biztech Solutions operates one associated brand: Advent Biztech. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides recruitment services to connect organizations with qualified candidates. | adventbiztech.com |
Business activity
The main business activity of Advent Biztech Solutions is support service to organizations. In detail, this covers placement agencies and hr management services.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| N | Support service to Organizations | N2 | Placement agencies and HR management services |
To see the full business activity and turnover split of Advent Biztech Solutions Private Limited, buy the company report.
Financials of Advent Biztech Solutions Private Limited
FY 2023 filings availableAdvent Biztech Solutions Private Limited reported revenue of ₹1.7 Cr (down 48% YoY) for FY 2023.
Revenue · FY 2023
₹1.7 Cr ▼ 48%
Net loss · FY 2023
₹1.26 Cr margin -74.2%
EBITDA · FY 2023
-₹1.21 Cr margin -71.2%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 48%
3 years · compounded
▲ 236%
EBITDA CAGR growth
1 year
▼ 201%
3 years · compounded
▼ 33%
Revenue fell 48% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 236%. EBITDA fell 201% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ||||
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| Total Expenses | ||||
| EBITDA | -₹1.21 Cr | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹1.26 Cr | |||
| Balance Sheet | ||||
| Share Capital | ||||
| Reserves and Surplus | ||||
| Net Worth (Total Equity) | ||||
| Long-term Borrowings | ||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | -71.2% | |||
| Net Profit Margin | -74.2% | |||
| Return on Equity (ROE) | ||||
| Return on Capital Employed (ROCE) | ||||
| Return on Assets (ROA) | ||||
| Liquidity and Debt | ||||
| Current Ratio | ||||
| Quick Ratio | ||||
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| Inventory Days | ||||
| Revenue Growth | ||||
| Net Profit Growth | ||||
To see the full financial statements and ratios of Advent Biztech Solutions Private Limited, buy the company report.
Board of directors of Advent Biztech Solutions Private Limited
Advent Biztech Solutions has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nisha Also directs: Nextellect Consultants Private Limited | Director | 27 Sep 2021 | 5 Years 1 Months | Current |
| Apoorva Chandrakant Sanglikar | Director | 06 Jun 2019 | 7 Years 4 Months | Current |
| Ganesh Tarappa Savardekar Also directs: Orangepeel Consulting and Services Private Limited | Director | 06 Jun 2019 | 7 Years 4 Months | Current |
Auditor
Advent Biztech Solutions Private Limited is audited by K J S AND ASSOCIATES for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| K J S AND ASSOCIATES | FY 2020 | 143669W |
Shareholding
The shareholding of Advent Biztech Solutions Private Limited is on record for FY 2020, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2020 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Advent Biztech Solutions Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Advent Biztech Solutions 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 Advent Biztech Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Advent Biztech Solutions Private Limited has a workforce of 17 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
Employee count
17
Active EPFO establishments
1
Employee growth
-48.48%
GST
Advent Biztech Solutions has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AASCA3669G1Z7 | Maharashtra | Active | 18 Jul 2019 |
To see the full GST registrations and return filing status of Advent Biztech Solutions Private Limited, buy the company report.
Recent activity
Advent Biztech Solutions Private Limited has 4 board changes on record since 2019: 3 appointments and 1 cessation. The latest: Nisha was appointed as Director on 27 Sep 2021.
AGM
Advent Biztech Solutions Private Limited last Annual general meeting of members was held on 27 Sep 2023 as per latest MCA records.
Filing
Advent Biztech Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Pune.
Appointed
Nisha was appointed as Director.
Ceased
Mahesh Tarappa Savardekar ceased to be Director.
Appointed
Apoorva Chandrakant Sanglikar was appointed as Director.
Appointed
Ganesh Tarappa Savardekar was appointed as Director.
Incorporation
06 Jun 2019
Advent Biztech Solutions Private Limited was registered on 06 Jun 2019 with Roc Pune & aged 7 years 4 months as per MCA records.
Frequently asked questions
Advent Biztech Solutions is an active private limited company based in Pune, Maharashtra, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 06 June 2019 (7+ years old) and is registered under CIN U72900PN2019PTC184600.
Advent Biztech Solutions has 3 current directors:
- Nisha - Director
- Apoorva Chandrakant Sanglikar - Director
- Ganesh Tarappa Savardekar - Director
The latest financial statements of Advent Biztech Solutions on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 27 September 2023. Year-wise statements from FY 2020 are in the company report.
The GSTIN of Advent Biztech Solutions is 27AASCA3669G1Z7, registered in Maharashtra.
The CIN (Corporate Identification Number) of Advent Biztech Solutions is U72900PN2019PTC184600. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Advent Biztech Solutions was incorporated on 06 June 2019, making it 7+ years old. It is registered with the Registrar of Companies, Pune.
Nisha was appointed as Director on 27 Sep 2021. Mahesh Tarappa Savardekar ceased to be Director on 03 Sep 2021. Apoorva Chandrakant Sanglikar was appointed as Director on 06 Jun 2019. Advent Biztech Solutions has 4 board changes on record in total.
Yes, Advent Biztech Solutions is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Advent Biztech Solutions is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-26-0035785).
Advent Biztech Solutions can be reached through the website adventbiztech.com. Its registered office is in Pune, Maharashtra, India.
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