Avancera Business Solutions Private Limited - Company Profile

It is a business outsourcing private limited company based in Chennai, Tamil Nadu, India, established in 2015.
2015 Chennai, Tamil Nadu, India Struck Off
Last Updated:
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About Avancera Business Solutions Private Limited

Avancera Business Solutions Private Limited, a struck off private limited company, was established on 19 May 2015 in Chennai, Tamil Nadu, India. Engaging in business & it consulting within the financial and insurance service sector, it holds CIN: U74900TN2015PTC100571. Registered under ROC Roc Chennai. it is unlisted. It has an authorized capital of ₹1.50 Cr and a paid-up capital of ₹1.33 Cr.

It upholds a compliant status. Its leadership includes Ramaiah Deepalakshmi (Director), Dharmaraj Nagendran (Director). Past directors included Sankara Narayanan Sundaram, Ramaiah Deepalakshmi, Bhagwati Prasad Jhunjhunwala. It holds no open charges and ₹1.40 M settled loans. Its latest AGM occurred on 30 September 2023, with the balance sheet filed on 31 March 2023. It is based at F-4, Sindur Pantheon Plaza, 4Th Floor, No. 346, Pantheon Road, Egmor, E,, Chennai, Tamil Nadu, 600008.

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

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
    **********
  • Apps
    **********

Company Details

  • CIN/LLPIN

    U74900TN2015PTC100571

  • Registration Number

    100571

  • Incorporation Date

    19 May 2015

  • Authorized Capital

    ₹1.50 Cr

  • Paid-Up Capital

    ₹1.33 Cr

  • ROC Code

    Roc Chennai

  • Listing Status

    Unlisted

  • Company Status

    Struck Off

Key Metrics
  • Authorised Capital ₹ 1.50 Cr
  • Paid Up Capital ₹ 1.33 Cr
  • Company Age 10 Year, 10 Months
  • Last Filing with ROC 31 Mar 2023
  • Satisfied Charges ₹ 1.40 M
  • Revenue Growth **** -100.00%
  • Profit Growth **** 54.60%
  • Ebitda **** 59.91%
  • Net Worth -100.00%
  • Total Assets -100.00%
Company report

Avancera Business Solutions Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Avancera Business 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 Avancera Business Solutions Private Limited?
Current Directors
Name Designation Appointment Date Status
Ramaiah Deepalakshmi Director 24 Mar 2020 Current
Dharmaraj Nagendran Director 24 Mar 2020 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 31 Mar 2020 Past
Pramod Abcsdd Additional Director 31 Dec 2020 Past
Pramod Abcsdd Director 15 Mar 2018 Past
Pramod Abcsdd Director 25 Jul 2018 Past
Pramod Abcsdd Additional Director 30 Sep 2016 Past
Pramod Abcsdd Whole-Time Director 11 Jun 2018 Past

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Financial Performance of Avancera Business Solutions.

Avancera Business Solutions Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 100% decrease. The company also saw a substantial improvement in profitability, with a 54.6% increase in profit. The company's net worth observed a substantial decline by a decrease of 100%.

Avancera Business Solutions revenue growth over time
Avancera Business 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
********
 -100.00%
*******
*******
*******
*******
Revenue from Operations
*******
*******
*******
*******
*******
*******
Total Assets
*******
 -100.00%
*******
*******
*******
*******
Profit or Loss
*******
 54.60%
*******
*******
*******
*******
Net Worth
*******
 -100.00%
*******
*******
*******
*******
EBITDA
*******
 59.91%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Avancera Business Solutions?

Unlock access to Avancera Business Solutions's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

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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Charges (Loans)
Open Charges

₹0

Satisfied Charges

₹1,400,000.00

Charges Breakdown by Lending Institutions
  • Union Bank Of India : 0.14 Cr
Latest Charge Details
Date Lender Amount Status
05 Jan 2016 Union Bank Of India ₹1.40 M Satisfied

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How Many Employees Work at Avancera Business Solutions?

Unlock and access historical data on people associated with Avancera Business 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 Avancera Business 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 Avancera Business Solutions's trajectory.

Rating
Graph displaying rating trends over time

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Alerts
Alert Indicator

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Latest Updates, News, and FAQs on Avancera Business Solutions
Recent Activity within the Organization
  • Annual General Meeting

    Progress on Avancera Business Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records. was documented.

  • Balance Sheet

    Progress on Avancera Business Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chennai. was documented.

  • Director Appointment

    The activity Ramaiah Deepalakshmi was appointed as a Director was appointed as a Director on 24 Mar 2020 & has been associated with this company since 6 years 2 days . was completed.

  • Director Appointment

    Progress on Dharmaraj Nagendran was appointed as a Director was appointed as a Director on 24 Mar 2020 & has been associated with this company since 6 years 2 days . was documented.

  • Charges

    Progress on A charge registered on 05 Jan 2016 via Charge ID 10619509 with Union Bank Of India was fully satisfied on 06 Jul 2018. was documented.

  • Charges

    The activity A charge with Union Bank Of India amounted to Rs. 0.14 Cr with Charge ID 10619509 was registered on 05 Jan 2016. was completed.

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Frequently Asked Questions
What is the CIN of Avancera Business Solutions Private Limited?

The CIN of Avancera Business Solutions Private Limited is U74900TN2015PTC100571.

Where is Avancera Business Solutions Private Limited headquartered?

Avancera Business Solutions Private Limited is headquartered at F-4, Sindur Pantheon Plaza, 4Th Floor, No. 346, Pantheon Road, Egmor, E,, Chennai, Tamil Nadu, 600008.

When was Avancera Business Solutions Private Limited incorporated?

Avancera Business Solutions Private Limited was incorporated on 19 May 2015.

Who are the current directors of Avancera Business Solutions Private Limited?

The current directors of Avancera Business Solutions Private Limited are

What is the primary industry of Avancera Business Solutions Private Limited?

The primary industry of Avancera Business Solutions Private Limited is Financial And Insurance Service.

Is Avancera Business Solutions Private Limited a listed company?

Avancera Business Solutions Private Limited is unlisted.

What is the capital structure of Avancera Business Solutions Private Limited?

The authorized capital of Avancera Business Solutions Private Limited is ₹1.50 Cr, and the paid-up capital is ₹1.33 Cr.

What is the compliance status of Avancera Business Solutions Private Limited?

The compliance status of Avancera Business Solutions Private Limited is Compliant.

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