
Avancera Business Solutions Private Limited
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 The company has 1 GST registration on record, which is no longer active.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
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 AddressF – 4 Sindur Pantheon Plaza 4th Floor No. 346 Pantheon Road Egmor, E, Chennai, Tamil Nadu, India – 600008
- IndustryBusiness Outsourcing, Business & IT Consulting
To see the full contact details of Avancera Business Solutions 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
Financials of Avancera Business Solutions Private Limited
FY 2023 filings availableFinancial Statement Summary
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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.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ramaiah Deepalakshmi Also directs: Rudrashvi Advisors Private Limited | Director | 24 Mar 2020 | 6 Years 7 Months | As last reported |
| Dharmaraj Nagendran Also directs: Sritech Academy Private Limited | Director | 24 Mar 2020 | 6 Years 7 Months | As last reported |
Auditor
Avancera Business Solutions Private Limited is audited by N.SANKARAN & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| N.SANKARAN & CO | FY 2023 | 003590S |
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.
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To see the full shareholding pattern of Avancera Business Solutions Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 05 Jan 2016 | 10619509 | Union Bank of India | ₹14 Lakh | Satisfied |
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.
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Aug 2017 | Funding round | ₹1.41 Cr | Investors: Onesource Industries and Ventures Limited |
| Sep 2016 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Avancera Business Solutions 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 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.
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.
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:
- Ramaiah Deepalakshmi - Director
- Dharmaraj Nagendran - Director
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.

