Avancer Finlease India Limited Company Logo

Avancer Finlease India Limited - Company Profile

It is a financial services public limited company based in Punjab, Punjab, India, established in 1989.

1989 | Punjab, Punjab, India | Active
Last Updated:

About Avancer Finlease India Limited

Avancer Finlease India Limited, a active public limited company, was established on 02 November 1989 in Punjab, Punjab, India. Engaging in investment & credit nbfc within the financial services sector, it holds CIN: U65921PB1989PLC009836. Registered under ROC Roc Chandigarh. it is unlisted. It has an authorized capital of ₹6.00 Cr and a paid-up capital of ₹5.94 Cr.

It upholds a compliant status. Its leadership includes Barjinder Bedi Singh (Director), Vijay Bedi (Director), Gurdeep Bedi (Managing Director). Past directors included Barjinder Bedi Singh, Meena Sharma. It holds ₹1.80 Cr open charges and no settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at 4154/1Sirhindi Gate Patiala, Punjab, Punjab.

Company Details

  • CIN/LLPIN

    U65921PB1989PLC009836

  • Registration Number

    009836

  • Incorporation Date

    02 November 1989

  • Authorized Capital

    ₹6.00 Cr

  • Paid-Up Capital

    ₹5.94 Cr

  • ROC Code

    Roc Chandigarh

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Indicators

  • Authorised Capital ₹ 6.00 Cr
  • Paid Up Capital ₹ 5.94 Cr
  • Company Age 36 Year, 22 Days
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 1.80 Cr
  • Revenue Growth 36.72%
  • Profit Growth -39.71%
  • Ebitda -17.52%
  • Net Worth 0.80%
  • Total Assets 35.33%
Company report

Avancer Finlease India Limited

Company Report FY 2025-2026

Explore comprehensive insights into Avancer Finlease India Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Avancer Finlease India Limited?

Current Directors

NameDesignationAppointment DateStatus
Barjinder Bedi SinghDirector25 Apr 2018Current
Vijay BediDirector22 Sep 1998Current
Gurdeep BediManaging Director22 Sep 1998Current

Past Directors

NameDesignationCessationStatus
Pramod AbcsddAdditional Director29 Sep 2018Past
Pramod AbcsddDirector29 May 2018Past

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Financial Performance of Avancer Finlease India.

Avancer Finlease India Limited, for the financial year ended 2017, experienced significant growth in revenue, with a 36.72% increase. The company also saw a substantial fall in profitability, with a 39.71% decrease in profit. The company's net worth moved up by a moderate rise of 0.8%.

Avancer Finlease India revenue growth over time
Avancer Finlease India profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
36.72%
Revenue from Operations
35.34%
Total Assets
35.33%
Profit or Loss
-39.71%
Net Worth
0.80%
EBITDA
-17.52%

What is the Ownership and Shareholding Structure of Avancer Finlease India?

In 2017, Avancer Finlease India had a promoter holding of 49.23% and a public holding of 50.77%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

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Charges (Loans)

Open Charges

₹18,000,000.00

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Punjab & Sind Bank : 1.80 Cr

Latest Charge Details

DateLenderAmountStatus
23 Jul 2011Punjab & Sind Bank₹1.80 CrOpen

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How Many Employees Work at Avancer Finlease India?

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Employee growth trends for Avancer Finlease India Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Avancer Finlease India, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Avancer Finlease India's trajectory.

Rating

Graph displaying rating trends over time

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Alerts

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Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Avancer Finlease India

Recent Activity within the Organization

  • Annual General Meeting

    Avancer Finlease India Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was recorded as a recent event.

  • Balance Sheet

    Progress on Avancer Finlease India Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chandigarh. was documented.

  • Director Appointment

    The activity Barjinder Bedi Singh was appointed as a Director was appointed as a Director on 25 Apr 2018 & has been associated with this company since 7 years 7 months . was completed.

  • Charges

    Progress on A charge with Punjab & Sind Bank amounted to Rs. 1.80 Cr with Charge ID 10300792 was registered on 23 Jul 2011. was documented.

  • Director Appointment

    Vijay Bedi was appointed as a Director was appointed as a Director on 22 Sep 1998 & has been associated with this company since 27 years 2 months . was recorded as a recent event.

  • Director Appointment

    Progress on Gurdeep Bedi was appointed as a Managing Director was appointed as a Managing Director on 22 Sep 1998 & has been associated with this company since 27 years 2 months . was documented.

Frequently Asked Questions

  • What is the CIN of Avancer Finlease India Limited?

    The CIN of Avancer Finlease India Limited is U65921PB1989PLC009836.

  • Where is Avancer Finlease India Limited headquartered?

    Avancer Finlease India Limited is headquartered at 4154/1Sirhindi Gate Patiala, Punjab, Punjab.

  • When was Avancer Finlease India Limited incorporated?

    Avancer Finlease India Limited was incorporated on 02 November 1989.

  • Who are the current directors of Avancer Finlease India Limited?

    The current directors of Avancer Finlease India Limited are

  • What is the primary industry of Avancer Finlease India Limited?

    The primary industry of Avancer Finlease India Limited is Financial Services.

  • Is Avancer Finlease India Limited a listed company?

    Avancer Finlease India Limited is unlisted.

  • What is the capital structure of Avancer Finlease India Limited?

    The authorized capital of Avancer Finlease India Limited is ₹6.00 Cr, and the paid-up capital is ₹5.94 Cr.

  • What is the compliance status of Avancer Finlease India Limited?

    The compliance status of Avancer Finlease India Limited is Compliant.

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