Adventa Financial Services Limited
About Adventa Financial Services Limited
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Adventa Financial Services Limited is a public limited company based in Mumbai, Maharashtra, India. It operates in the diversified financial services segment of the financial services sector. It was incorporated on 07 February 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U65999MH2008PLC178579. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹8 Cr and a paid-up capital of ₹10 Lakh. It was formerly known as Adventa Financial Services Private Limited. It is led by directors including Nitin Kishor Boricha and Dipan Jesingbhai Patel.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2021, the company reported a revenue of ₹1.76 Lakh. For the same year it recorded a net profit of ₹21,287 (net margin 12.1%) and EBITDA of ₹97,659 (EBITDA margin 55.6%). Revenue has declined at a compounded annual rate (CAGR) of 50% over three years and 40% over five years.
Court records list 2 cases involving the company, including 1 filed by the company and 1 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
Adventa Financial Services has one previous CIN (Corporate Identification Number): U65999MH2008PTC178579. The current CIN is U65999MH2008PLC178579, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U65999MH2008PLC178579 | Current |
| U65999MH2008PTC178579 | Previous |
Contact details
Adventa Financial Services Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressNo. 12 Ground Floor Plot – 599 Kapadia Chambers Jagannath Shankar Sheth Marg Chira Bazar, Kalbadevi, Mumbai, Maharashtra, India – 400002
- IndustryFinancial Services, Diversified Financial Services
To see the full contact details of Adventa Financial Services 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
Financials of Adventa Financial Services Limited
FY 2023 filings availableAdventa Financial Services Limited reported revenue of ₹1.76 Lakh for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 40% over five years. 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 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹1.76 Lakh | ||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹97,659 | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹21,287 | ||||
| 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
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 55.6% | ||||
| Net Profit Margin | 12.1% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
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| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Adventa Financial Services Limited, buy the company report.
Board of directors of Adventa Financial Services Limited
Adventa Financial Services has 3 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nitin Kishor Boricha | Director | 02 Nov 2021 | 4 Years 11 Months | Current |
| Dipan Jesingbhai Patel | Director | 02 Nov 2021 | 4 Years 11 Months | Current |
| Uplaksh S Adlakha | Director | 02 Nov 2021 | 4 Years 11 Months | Current |
Auditor
Adventa Financial Services Limited is audited by A M A R JAIN & ASSOCIATES LLP for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| A M A R JAIN & ASSOCIATES LLP | FY 2021 | 137401W |
Shareholding
The shareholding of Adventa Financial Services Limited is on record for 4 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2017 | FY 2016 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Adventa Financial Services Limited, buy the company report.
Legal cases
Adventa Financial Services Limited has 2 court cases on record: 1 filed by Adventa Financial Services, 1 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 1 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Court case (S S) | Filed against the company by Standard Chartered Bank | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summons Private cases SS) | Filed by the company against an individual | Disposed |
To see the full case history of Adventa Financial Services Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Adventa Financial Services Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Adventa Financial Services 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 Adventa Financial Services Limited, buy the company report.
Recent activity
Adventa Financial Services Limited has 23 board changes on record since 2008: 13 appointments and 10 cessations. The latest: Chandra Sekhar Gente ceased to be Director on 05 Nov 2021.
14 earlier events are in the company report.
Frequently asked questions
Adventa Financial Services is an active public limited company based in Mumbai, Maharashtra, India. The company works in diversified financial services, within the financial services industry. It was incorporated on 07 February 2008 (18+ years old) and is registered under CIN U65999MH2008PLC178579.
Adventa Financial Services has 3 current directors:
- Nitin Kishor Boricha - Director
- Dipan Jesingbhai Patel - Director
- Uplaksh S Adlakha - Director
The latest financial statements of Adventa Financial Services on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from 2015 are in the company report.
No. Adventa Financial Services has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Adventa Financial Services is U65999MH2008PLC178579. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Adventa Financial Services has 2 court cases on record: 1 filed by the company and 1 filed against it.
Adventa Financial Services was incorporated on 07 February 2008, making it 18+ years old. It is registered with the Registrar of Companies, Mumbai.
Chandra Sekhar Gente ceased to be Director on 05 Nov 2021. Gente Anand Vivek ceased to be Director on 05 Nov 2021. Sunita Kamlesh Patel ceased to be Director on 05 Nov 2021. Adventa Financial Services has 23 board changes on record in total.
The registered office of Adventa Financial Services is at No. 12 Ground Floor Plot – 599 Kapadia Chambers Jagannath Shankar Sheth Marg Chira Bazar, Kalbadevi, Mumbai, Maharashtra, India – 400002.
Adventa Financial Services operates in the financial services industry, in the diversified financial services segment.