Avanse Financial Services Limited, a active public limited company, was established on 07 August 1992 in Mumbai, Maharashtra, India. Engaging in nbfc within the financial and insurance service sector, it holds CIN: U67120MH1992PLC068060. Registered under ROC Roc Mumbai. it is unlisted. It has an authorized capital of ₹200.00 Cr and a paid-up capital of ₹125.91 Cr.
Formerly known as Avanse Financial Services Private Limited, Abhivruddhi Holdings Private Limited. It upholds a compliant status. Employing 723 professional, Its leadership includes Savita Mahajan (Director), Ravi Venkatraman (Director), Narendra Ostawal (Director). Past directors included Neeraj N Saxena, Amrut Tilak Shah, Savita Mahajan. It holds ₹22,639.87 Cr open charges and ₹6,317.69 Cr settled loans. Its latest AGM occurred on 27 June 2025, with the balance sheet filed on 31 March 2025. It is based at 4Th Floor, E-Wing, Times Square, Andheri-Kurla Road, Gamdevi, Marol, Andheri East, Mumbai, Maharashtra, 400059.
U67120MH1992PLC068060
068060
07 August 1992
₹200.00 Cr
₹125.91 Cr
Roc Mumbai
Unlisted
Active
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| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Savita Mahajan | Director | 01 Dec 2018 | Current |
| Ravi Venkatraman | Director | 05 Jul 2021 | Current |
| Narendra Ostawal | Director | 30 Jul 2019 | Current |
| Sunish Sharma | Nominee Director | 01 Jul 2024 | Current |
| Hemant Omprakash Mundra | Nominee Director | 01 Jul 2024 | Current |
| Amit Gainda | Managing Director | 02 Mar 2022 | Current |
| Name | Designation | Cessation | Status |
|---|---|---|---|
| Pramod Abcsdd | Ceo(Kmp) | 31 Mar 2017 | Past |
| Pramod Abcsdd | Director | 23 Jul 2012 | Past |
| Pramod Abcsdd | Additional Director | 26 Sep 2019 | Past |
| Pramod Abcsdd | Director | 23 Jul 2012 | Past |
| Pramod Abcsdd | Director | 23 Jul 2012 | Past |
| Pramod Abcsdd | Chief Financial Officer | - | Past |
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Avanse Financial Services Limited, for the financial year ended 2024, experienced significant growth in revenue, with a 74.53% increase. The company also saw a substantial improvement in profitability, with a 117.18% increase in profit. The company's net worth Soared by an impressive increase of 71.02%.
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In 2023, Avanse Financial Services had a promoter holding of 59.32% and a public holding of 40.67%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
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₹226,398,728,700.00
₹63,176,939,741.00
| Date | Lender | Amount | Status |
|---|---|---|---|
| 30 Sep 2025 | Others | ₹888.00 Cr | Open |
| 22 Jul 2025 | Others | ₹150.00 Cr | Open |
| 26 May 2025 | Others | ₹1,700.14 Cr | Open |
| 20 Mar 2025 | Others | ₹85.88 Cr | Open |
| 31 Oct 2024 | Others | ₹525.00 Cr | Open |
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Avanse Financial Services has a workforce of 723 employees as of Jan 02, 2025. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.
Gain comprehensive insights into the Deals and Valuation data of Avanse Financial Services, 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 Avanse Financial Services's trajectory.
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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.
A charge registered on 28 Oct 2015 via Charge ID 10601908 with Gda Trusteeship Limited was fully satisfied on 13 Oct 2025. was recorded as a recent event.
The activity A charge with Others amounted to Rs. 888.00 Cr with Charge ID 101170953 was registered on 30 Sep 2025. was completed.
A charge with Others of Rs. 14,015.00 Cr registered on 15 Oct 2020 with Charge ID 100384519 was modified on 26 Sep 2025. was recorded as a recent event.
A charge with Others amounted to Rs. 150.00 Cr with Charge ID 101155821 was registered on 22 Jul 2025. was recorded as a recent event.
Avanse Financial Services Limited last Annual general meeting of members was held on 27 Jun 2025 as per latest MCA records. was recorded as a recent event.
Progress on A charge registered on 04 Nov 2022 via Charge ID 100685491 with Others was fully satisfied on 25 Jun 2025. was documented.
The CIN of Avanse Financial Services Limited is U67120MH1992PLC068060.
Avanse Financial Services Limited is headquartered at 4Th Floor, E-Wing, Times Square, Andheri-Kurla Road, Gamdevi, Marol, Andheri East, Mumbai, Maharashtra, 400059.
Avanse Financial Services Limited was incorporated on 07 August 1992.
The current directors of Avanse Financial Services Limited are
The primary industry of Avanse Financial Services Limited is Financial And Insurance Service.
Avanse Financial Services Limited is unlisted.
The authorized capital of Avanse Financial Services Limited is ₹200.00 Cr, and the paid-up capital is ₹125.91 Cr.
The compliance status of Avanse Financial Services Limited is Compliant.
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