Avancera Business Solutions Private Limited

Avancera Business Solutions Private Limited - business outsourcing in Chennai, Tamil Nadu, India. Directors, charges & compliance details.
CIN U74900TN2015PTC100571 Incorporated 19 May 2015 ROC Chennai HQ Chennai, Tamil Nadu, India
Struck Off Private Limited Company business outsourcing
Data last updated
Authorised capital
₹1.5 Cr
Registered with MCA
Paid-up capital
₹1.33 Cr
Issued & subscribed
Satisfied charges
₹14 Lakh
No open charges
Company age
11 yrs
Est. 2015
Directors on board
2
As per MCA filings
GST registrations
1
None active
Last financials
Mar 2023
Balance sheet date
Last AGM
30 Sep 2023
Annual general meeting

About Avancera Business Solutions Private Limited

Data last updated:

Avancera Business Solutions Private Limited was a private limited company based in Chennai, Tamil Nadu, India, operated as a subsidiary of Onesource Ideas Venture Limited. 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 business and IT consulting segment of the business process outsourcing sector. It was incorporated on 19 May 2015.

The company was registered with the Registrar of Companies (ROC), Chennai, under CIN U74900TN2015PTC100571. The company has 1 GST registration on record, which is no longer active.

The company had an authorised share capital of ₹1.5 Cr and a paid-up capital of ₹1.33 Cr. It was led by directors Ramaiah Deepalakshmi and Dharmaraj Nagendran.

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 was at Chennai, Tamil Nadu.

As per MCA filings, the company had satisfied charges of ₹14 Lakh on record. The company has 2 deals on record (1 funding round, 1 secondary share transfer), with disclosed funding of ₹1.41 Cr; the latest was in August 2017.

Company details

CIN U74900TN2015PTC100571
Registration Number 100571
Incorporation Date 19 May 2015
ROC Chennai
Listing Status Unlisted
Company Status Struck Off
Date of Last AGM 30 September 2023
Date of Balance Sheet 31 March 2023
Parent Company Onesource Ideas Venture Limited
Compliance Status Active Compliant

Contact details

Avancera Business Solutions Private Limited's registered office is in Chennai, Tamil Nadu. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    F – 4 Sindur Pantheon Plaza 4th Floor No. 346 Pantheon Road Egmor, E, Chennai, Tamil Nadu, India – 600008
  • Industry
    Business Outsourcing, Business & IT Consulting

To see the full contact details of Avancera Business Solutions Private Limited, buy the company report.

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Avancera Business Solutions Private Limited - one report that includes everything
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  • Legal cases, compliance and MCA filings
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Financials of Avancera Business Solutions Private Limited

FY 2023 filings available

Financial Statement Summary

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Financial Ratios

MetricsFY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19
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To see the full financial statements and ratios of Avancera Business Solutions Private Limited, buy the company report.

Board of directors of Avancera Business Solutions Private Limited

Avancera Business Solutions has 2 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.

Directors (as last reported)
NameDesignationAppointment DateTenureStatus
Ramaiah DeepalakshmiDirector24 Mar 20206 Years 7 MonthsAs last reported
Dharmaraj NagendranDirector24 Mar 20206 Years 7 MonthsAs last reported

Auditor

Avancera Business Solutions Private Limited is audited by N.SANKARAN & CO for the financial year 2023.

Auditor firmFinancial yearFirm registration number
N.SANKARAN & COFY 2023003590S

Shareholding

The shareholding of Avancera Business Solutions Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Avancera Business Solutions Private Limited, buy the company report.

Charges & borrowings

Open charges
None
Satisfied charges
₹14 Lakh
Breakdown by lending institutions
Union Bank of India₹0.14 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
05 Jan 201610619509Union Bank of India₹14 LakhSatisfied

To see the full charge records of Avancera Business Solutions Private Limited, buy the company report.

Total charge records: 1 View all charges

Deals & funding

Avancera Business Solutions Private Limited has 2 deals on record (1 funding round, 1 secondary share transfer), with disclosed funding of ₹1.41 Cr; the latest was in August 2017.

Total deals
2
Funding round
1
Secondary share transfer
1
Disclosed funding
₹1.41 Cr

Deals on record (2 of 2)

WhenDealAmountParties
Aug 2017Funding round₹1.41 CrInvestors: Onesource Industries and Ventures Limited
Sep 2016Secondary share transferUndisclosedBuyer: an individual
Seller: an individual

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Avancera Business Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Avancera Business Solutions has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.

Total GSTINs
1
Cancelled / inactive
1

To see the full GST registrations and return filing status of Avancera Business Solutions Private Limited, buy the company report.

Recent activity

Avancera Business Solutions Private Limited has 11 board changes on record since 2015: 2 appointments and 9 cessations. The latest: Dharmaraj Nagendran ceased to be Additional Director on 31 Dec 2020.

AGM
Avancera Business Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
Filing
Avancera Business Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chennai.
Ceased
Dharmaraj Nagendran ceased to be Additional Director.
Ceased
Ramaiah Deepalakshmi ceased to be Additional Director.
Ceased
Sankara Narayanan Sundaram ceased to be Director.
Appointed
Dharmaraj Nagendran was appointed as Director.
Appointed
Ramaiah Deepalakshmi was appointed as Director.
Ceased
Kokila Gangan ceased to be Additional Director.
Ceased
Fathima Jalal ceased to be Director.
Charges
A charge registered on 05 Jan 2016 via Charge ID 10619509 with Union Bank Of India was fully satisfied on 06 Jul 2018.
Ceased
Dasthagir Sheriff ceased to be Whole-Time Director.
Ceased
Bhagwati Prasad Jhunjhunwala ceased to be Director.

4 earlier events are in the company report.

Frequently asked questions

Avancera Business Solutions 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.

Avancera Business Solutions was a private limited company based in Chennai, Tamil Nadu, India. The company worked in business and IT consulting, within the business outsourcing industry. It was incorporated on 19 May 2015 and is registered under CIN U74900TN2015PTC100571. The company has been struck off by the Registrar of Companies and is no longer operational.

Avancera Business Solutions had 2 directors:

The CIN (Corporate Identification Number) of Avancera Business Solutions is U74900TN2015PTC100571. 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 Avancera Business Solutions is at F – 4 Sindur Pantheon Plaza 4th Floor No. 346 Pantheon Road Egmor, E, Chennai, Tamil Nadu, India – 600008.

Avancera Business Solutions was incorporated on 19 May 2015. It is registered with the Registrar of Companies, Chennai.

The latest financial statements of Avancera Business Solutions 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 FY 2016 are in the company report.

No. Avancera Business Solutions has 1 GST registration on record and it is cancelled or inactive.

Avancera Business Solutions operated in the business outsourcing industry, in the business and IT consulting segment. It worked in this industry before it was struck off.

Avancera Business Solutions has 2 deals on record (1 funding round, 1 secondary share transfer), with disclosed funding of ₹1.41 Cr; the latest was in August 2017.