Avancer Technology Solutions Private Limited - Company Profile

It is a business services private limited company based in Pune, Maharashtra, India, established in 2016.
2016 Pune, Maharashtra, India Active
Last Updated:
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About Avancer Technology Solutions Private Limited

Avancer Technology Solutions Private Limited, a active private limited company, was established on 14 December 2016 in Pune, Maharashtra, India. Engaging in miscellaneous business activities within the business services sector, it holds CIN: U74999PN2016PTC167489. Registered under ROC Roc Pune. it is unlisted. It has an authorized capital of ₹0.20 M and a paid-up capital of ₹0.14 M.

It upholds a compliant status. Its leadership includes Sanket Satish Kulkarni (Additional Director), Sachin Satish Kulkarni (Managing Director), Nikhil Chathukutty Vadakanmare Veettil (Managing Director). Past directors included Sachin Satish Kulkarni, Nikhil Chathukutty Vadakanmare Veettil, Ajay Premchand Jain. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at Plot No. 41/42, Ground Floor, Tejaswini Housing Society, Lane 2, D. P. Road, Baner,, Pune, Maharashtra, 411045.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
    **********
  • Apps
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Company Details

  • CIN/LLPIN

    U74999PN2016PTC167489

  • Registration Number

    167489

  • Incorporation Date

    14 December 2016

  • Authorized Capital

    ₹0.20 M

  • Paid-Up Capital

    ₹0.14 M

  • ROC Code

    Roc Pune

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 0.20 M
  • Paid Up Capital ₹ 0.14 M
  • Company Age 9 Year, 1 Month
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth **** 42.75%
  • Profit Growth **** 62.77%
  • Ebitda **** 66.47%
  • Net Worth -658.96%
  • Total Assets -63.98%
Company report

Avancer Technology Solutions Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Avancer Technology Solutions Private 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 Technology Solutions Private Limited?
Current Directors
Name Designation Appointment Date Status
Sanket Satish Kulkarni Additional Director 22 Mar 2024 Current
Sachin Satish Kulkarni Managing Director 14 Dec 2016 Current
Nikhil Chathukutty Vadakanmare Veettil Managing Director 14 Dec 2016 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 20 Dec 2017 Past
Pramod Abcsdd Managing Director 12 Mar 2021 Past
Pramod Abcsdd Additional Director 30 Sep 2017 Past

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Financial Performance of Avancer Technology Solutions.

Avancer Technology Solutions Private Limited, for the financial year ended 2020, experienced significant growth in revenue, with a 42.75% increase. The company also saw a substantial improvement in profitability, with a 62.77% increase in profit. The company's net worth observed a substantial decline by a decrease of 658.96%.

Avancer Technology Solutions revenue growth over time
Avancer Technology Solutions profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • 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
********
 42.75%
*******
*******
*******
*******
Revenue from Operations
*******
 66.46%
*******
*******
*******
*******
Total Assets
*******
 -63.98%
*******
*******
*******
*******
Profit or Loss
*******
 62.77%
*******
*******
*******
*******
Net Worth
*******
 -658.96%
*******
*******
*******
*******
EBITDA
*******
 66.47%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Avancer Technology Solutions?

In 2017, Avancer Technology Solutions had a promoter holding of 70.01% and a public holding of 29.99%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

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How Many Employees Work at Avancer Technology Solutions?

Unlock and access historical data on people associated with Avancer Technology Solutions, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Avancer Technology Solutions, 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 Technology Solutions's trajectory.

Rating
Graph displaying rating trends over time

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Alerts
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Latest Updates, News, and FAQs on Avancer Technology Solutions
Recent Activity within the Organization
  • Annual General Meeting

    Progress on Avancer Technology Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was documented.

  • Balance Sheet

    The activity Avancer Technology Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Pune. was completed.

  • Director Appointment

    Sanket Satish Kulkarni was appointed as a Additional Director was appointed as a Additional Director on 22 Mar 2024 & has been associated with this company since 1 year 10 months . was recorded as a recent event.

  • Director Appointment

    Progress on Sachin Satish Kulkarni was appointed as a Managing Director was appointed as a Managing Director on 14 Dec 2016 & has been associated with this company since 9 years 1 month . was documented.

  • Director Appointment

    Nikhil Chathukutty Vadakanmare Veettil was appointed as a Managing Director was appointed as a Managing Director on 14 Dec 2016 & has been associated with this company since 9 years 1 month . was recorded as a recent event.

  • Company Incorporation

    Progress on Avancer Technology Solutions Private Limited was registered on 14 Dec 2016 with Roc Pune & aged 9 years 1 month as per MCA records. was documented.

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Frequently Asked Questions
What is the CIN of Avancer Technology Solutions Private Limited?

The CIN of Avancer Technology Solutions Private Limited is U74999PN2016PTC167489.

Where is Avancer Technology Solutions Private Limited headquartered?

Avancer Technology Solutions Private Limited is headquartered at Plot No. 41/42, Ground Floor, Tejaswini Housing Society, Lane 2, D. P. Road, Baner,, Pune, Maharashtra, 411045.

When was Avancer Technology Solutions Private Limited incorporated?

Avancer Technology Solutions Private Limited was incorporated on 14 December 2016.

Who are the current directors of Avancer Technology Solutions Private Limited?

The current directors of Avancer Technology Solutions Private Limited are

What is the primary industry of Avancer Technology Solutions Private Limited?

The primary industry of Avancer Technology Solutions Private Limited is Business Services.

Is Avancer Technology Solutions Private Limited a listed company?

Avancer Technology Solutions Private Limited is unlisted.

What is the capital structure of Avancer Technology Solutions Private Limited?

The authorized capital of Avancer Technology Solutions Private Limited is ₹0.20 M, and the paid-up capital is ₹0.14 M.

What is the compliance status of Avancer Technology Solutions Private Limited?

The compliance status of Avancer Technology Solutions Private Limited is Compliant.

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