Avancer Couriers Private Limited
About Avancer Couriers Private Limited
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Avancer Couriers Private Limited was a private limited company based in New Delhi, Delhi, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the postal and courier segment of the logistics and supply chain sector. It was incorporated on 15 June 2005.
The company was registered with the Registrar of Companies (ROC), Delhi, under CIN U64120DL2005PTC137644. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was led by directors Randhir Singh and Muralidhar Jotwani.
Its last annual general meeting (AGM) was held on 29 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office was at A – 148 1st Floor Palam Extension Sec – 7 Dwarka, New Delhi, Delhi, India – 110075.
As per the financials filed for FY 2018, the company reported a revenue of ₹1.72 Lakh, a decline of 92% compared to the previous year. For the same year it recorded a net loss of ₹4.25 Lakh (net margin -247.2%) and EBITDA of -₹1.12 Lakh (EBITDA margin -65.2%). Revenue has declined at a compounded annual rate (CAGR) of 58% over three years.
Company details
Contact details
Avancer Couriers Private Limited's registered office is in New Delhi, Delhi. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressA – 148 1st Floor Palam Extension Sec – 7 Dwarka, New Delhi, Delhi, India – 110075
- IndustryLogistics, Postal & Courier
To see the full contact details of Avancer Couriers 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
Business activity
The main business activity of Avancer Couriers is transport and storage. In detail, this covers postal & courier activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| H | Transport and storage | H7 | Postal & Courier activities |
To see the full business activity and turnover split of Avancer Couriers Private Limited, buy the company report.
Financials of Avancer Couriers Private Limited
FY 2018 filings availableAvancer Couriers Private Limited reported revenue of ₹1.72 Lakh (down 92% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 58% over three years, including a 92% fall in the latest year. EBITDA fell 123% 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
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| EBITDA | -₹1.12 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹4.25 Lakh | |||
| Balance Sheet | ||||
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Financial Ratios
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | -65.2% | |||
| Net Profit Margin | -247.2% | |||
| Return on Equity (ROE) | ||||
| Return on Capital Employed (ROCE) | ||||
| Return on Assets (ROA) | ||||
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To see the full financial statements and ratios of Avancer Couriers Private Limited, buy the company report.
Board of directors of Avancer Couriers Private Limited
Avancer Couriers has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Randhir Singh | Director | 15 Jun 2005 | 21 Years 4 Months | As last reported |
| Muralidhar Jotwani | Director | 15 Jun 2005 | 21 Years 4 Months | As last reported |
Peer comparison
Avancer Couriers Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (postal & courier activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Matstar Logistics & Freights Private Limited | ₹1.85 Lakh (FY 2022) | -78.0% | Andheri East Mumbai, Maharashtra, India | |||
| Waretru International Private Limited | ₹1.85 Lakh (FY 2021) | Delhi, India | ||||
| Loadrunnr Technologies India Private Limited | ₹1.84 Lakh (FY 2022) | Bangalore, Karnataka, India | ||||
| SKS Freight Systems Private Limited | ₹1.75 Lakh (FY 2019) | -95.0% | Coimbatore, Tamil Nadu, India | |||
| Goal Courier Private Limited | ₹1.72 Lakh (FY 2024) | Delhi, India | ||||
| Avancer Couriers Private Limitedthis company | ₹1.72 Lakh (FY 2018) | -₹4.25 Lakh | -247.2% | -92.0% | New Delhi, Delhi, India | |
| Spot-Pick Delivery Services Private Limited | ₹1.67 Lakh (FY 2021) | 130.0% | Thiruvananthapuram, Kerala, India | |||
| Onshore Shipping Limited. | ₹1.66 Lakh (FY 2025) | -68.0% | New Delhi, Delhi, India | |||
| Troopf Management Services Private Limited | ₹1.59 Lakh (FY 2025) | -94.0% | Hyderabad, Telangana, India | |||
| Earthwing Courier (OPC) Private Limited | ₹1.58 Lakh (FY 2023) | -57.0% | Ahmedabad, Gujarat, India | |||
| Shreshtam Ventures Private Limited | ₹1.57 Lakh (FY 2024) | -76.0% | Bhubaneswar, Odisha, India |
To see the full peer comparison of Avancer Couriers Private Limited, buy the company report.
Auditor
Avancer Couriers Private Limited is audited by SHIV & ASSOCIATES for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SHIV & ASSOCIATES | FY 2017 | 009989N |
Shareholding
The shareholding of Avancer Couriers Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Avancer Couriers Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Avancer Couriers 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 Avancer Couriers Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Avancer Couriers 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 Avancer Couriers Private Limited, buy the company report.
Recent activity
Avancer Couriers Private Limited has 3 board changes on record since 2005: 2 appointments and 1 cessation. The latest: Rajat Seth ceased to be Director on 31 Jan 2011.
Frequently asked questions
Avancer Couriers has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Avancer Couriers was a private limited company based in New Delhi, Delhi, India. The company worked in postal and courier, within the logistics industry. It was incorporated on 15 June 2005 and is registered under CIN U64120DL2005PTC137644. The company has been struck off by the Registrar of Companies and is no longer operational.
Avancer Couriers had 2 directors:
- Randhir Singh - Director
- Muralidhar Jotwani - Director
The CIN (Corporate Identification Number) of Avancer Couriers is U64120DL2005PTC137644. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Avancer Couriers is at A – 148 1st Floor Palam Extension Sec – 7 Dwarka, New Delhi, Delhi, India – 110075.
Avancer Couriers was incorporated on 15 June 2005. It is registered with the Registrar of Companies, Delhi.
The latest financial statements of Avancer Couriers on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 29 September 2018. Year-wise statements from 2015 are in the company report.
No. Avancer Couriers has 1 GST registration on record and it is cancelled or inactive.
Avancer Couriers operated in the logistics industry, in the postal and courier segment. It worked in this industry before it was struck off.
The peers of Avancer Couriers by revenue are Matstar Logistics & Freights Private Limited, Waretru International Private Limited, Loadrunnr Technologies India Private Limited, SKS Freight Systems Private Limited, Goal Courier Private Limited and 5 more, all in the same principal business activity (postal & courier activities).
Rajat Seth ceased to be Director on 31 Jan 2011. Muralidhar Jotwani was appointed as Director on 15 Jun 2005. Randhir Singh was appointed as Director on 15 Jun 2005.
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