DPIIT recognised startup Government of India
Startup India
Avantcore Global Solutions Private Limited - business outsourcing in Gurugram, Haryana, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹12.45 Lakh
▼ 68% YoY
Net profit · FY 2024
₹9,170
Net margin 0.7%
EBITDA · FY 2024
₹24,491
EBITDA margin 2%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
7 yrs
Est. 2019
Directors on board
2
As per MCA filings
Active GSTINs
1
GST registered
About Avantcore Global Solutions Private Limited
Data last updated:
Avantcore Global Solutions Private Limited is a private limited company based in Gurugram, Haryana, India, recognised as a startup by DPIIT. It operates in the business and IT consulting segment of the business process outsourcing sector. It was incorporated on 27 March 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U72200HR2019PTC079322. Its GSTIN is 06AASCA0940J1ZK (Haryana).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Rakesh Bhatnagar and Vikram Prakash.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Bearing No.306 A Third Floor Suncity Success Tower Sec – 65 Village, Gurugram, Haryana, India – 122001.
As per the financials filed for FY 2024, the company reported a revenue of ₹12.45 Lakh, a decline of 68% compared to the previous year. For the same year it recorded a net profit of ₹9,170 (net margin 0.7%) and EBITDA of ₹24,491 (EBITDA margin 2%). Revenue has declined at a compounded annual rate (CAGR) of 17% over three years.
Avantcore Global Solutions Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-HR-05-0021572). For more details, the company can be reached via its website avantcoreglobalsolutions.com.
Company Details of Avantcore Global Solutions Private Limited
CIN U72200HR2019PTC079322
Registration Number 079322
Incorporation Date 27 March 2019
ROC Delhi
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
DPIIT Recognition Recognised Startup
MSME Classification Micro
Udyam Registration UDYAM-HR-05-0021572
Key People
Rakesh Bhatnagar Director Vikram Prakash Director Recognitions & Rankings of Avantcore Global Solutions
MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-HR-05-0021572
Contact Details
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressBearing No.306 A Third Floor Suncity Success Tower Sec – 65 Village, Gurugram, Haryana, India – 122001
- IndustryBusiness Outsourcing, Business & IT Consulting, Business Process Outsourcing
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Business Activity of Avantcore Global Solutions Private Limited
The main business activity of Avantcore Global Solutions is information and communication. In detail, this covers other information & communication service activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service activities | Locked |
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Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
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Financials of Avantcore Global Solutions Private Limited FY 2025 filings available
Avantcore Global Solutions Private Limited reported revenue of ₹12.45 Lakh (down 68% YoY) for FY 2024.
Revenue · FY 2024
₹12.45 Lakh ▼ 68%
Net profit · FY 2024
₹9,170 margin 0.7%
EBITDA · FY 2024
₹24,491 margin 2%
Compounded Annual Growth Rate (CAGR) of Avantcore Global Solutions Private Limited
Revenue CAGR growth
1 year
▼ 68%
3 years · compounded
▼ 17%
EBITDA CAGR growth
1 year
▼ 82%
3 years · compounded
▼ 28%
5 years · compounded
▲ 26%
Revenue has declined at a compounded annual rate (CAGR) of 17% over three years, including a 68% fall in the latest year. EBITDA fell 82% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary of Avantcore Global Solutions Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹24,491 | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹9,170 | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Avantcore Global Solutions Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 2% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 0.7% | •••• | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• | •••• | •••• |
| Liquidity and Debt | |||||
| Current Ratio | •••• | •••• | •••• | •••• | •••• |
| Quick Ratio | •••• | •••• | •••• | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
| Payable Days | •••• | •••• | •••• | •••• | •••• |
| Inventory Days | •••• | •••• | •••• | •••• | •••• |
| Revenue Growth | •••• | •••• | •••• | •••• | •••• |
| Net Profit Growth | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Avantcore Global Solutions are in the company report.
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Financial statements from FY 2019
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Board of Directors of Avantcore Global Solutions Private Limited
Avantcore Global Solutions has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rakesh Bhatnagar Also directs: Network 4 Barter Private Limited, Happy Hills Infra Private Limited, Value Barter Private Limited and 5 more | Director | 27 Mar 2019 | 7 Years 6 Months | Current |
| Vikram Prakash Also directs: Neeaira Global Private Limited | Director | 27 Mar 2019 | 7 Years 6 Months | Current |
Peer Comparison of Avantcore Global Solutions Private Limited
Avantcore Global Solutions Private Limited is compared with the companies closest to it by revenue in the Outsourcing industry (Consulting Services, Diversified BPO). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| GV Mines Minerals & Metals Private Limited | ₹12.46 Lakh (FY 2025) | •••• | •••• | 129.0% | •••• | Kolkata, West Bengal, India |
| White Owl Capital Private Limited | ₹12.46 Lakh (FY 2024) | •••• | •••• | -11.0% | •••• | Kolkata, West Bengal, India |
| Cherico Consulting Services India Private Limited | ₹12.46 Lakh (FY 2025) | •••• | •••• | -14.0% | •••• | Hyderabad, Telangana, India |
| Winning Edge Technology Private Limited | ₹12.45 Lakh (FY 2022) | •••• | •••• | 17.0% | •••• | Pune, Maharashtra, India |
| Rajgharana Agencies Private Limited | ₹12.45 Lakh (FY 2018) | •••• | •••• | 2607.0% | •••• | Kolkata, West Bengal, India |
| Avantcore Global Solutions Private Limited this company | ₹12.45 Lakh (FY 2024) | •••• | •••• | -68.0% | •••• | Gurugram, Haryana, India |
| SG Shwet Facility Services Private Limited | ₹12.45 Lakh (FY 2025) | •••• | •••• | 340.0% | •••• | Mumbai, Maharashtra, India |
| Exertus Consulto Private Limited | ₹12.44 Lakh (FY 2024) | •••• | •••• | -36.0% | •••• | Lucknow, Uttar Pradesh, India |
| Mesmi Enterprises Private Limited | ₹12.44 Lakh (FY 2025) | •••• | •••• | -43.0% | •••• | Kolkata, West Bengal, India |
| Sweet Memories Property Private Limited | ₹12.44 Lakh (FY 2021) | •••• | •••• | -46.0% | •••• | Mumbai, Maharashtra, India |
| Sawaria Consultancy Services Pvt Ltd | ₹12.43 Lakh (FY 2024) | •••• | •••• | 11.0% | •••• | Kolkata, West Bengal, India |
Peers are the five companies nearest above and the five nearest below Avantcore Global Solutions by revenue in the Outsourcing industry (Consulting Services, Diversified BPO), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Ownership and Shareholding of Avantcore Global Solutions Private Limited
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Charges & Borrowings of Avantcore Global Solutions Private Limited
Avantcore Global Solutions Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Avantcore Global Solutions Private Limited
Employment history and EPFO contributions of people linked to Avantcore Global Solutions.
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Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
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Recent Activity on Avantcore Global Solutions Private Limited
Avantcore Global Solutions Private Limited has 2 board changes on record since 2019: 2 appointments. The latest: Rakesh Bhatnagar was appointed as Director on 27 Mar 2019.
AGM
Avantcore Global Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Avantcore Global Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Delhi.
Appointed
Rakesh Bhatnagar was appointed as Director.
Appointed
Vikram Prakash was appointed as Director.
Incorporation
27 Mar 2019
Avantcore Global Solutions Private Limited was registered on 27 Mar 2019 with Roc Delhi & aged 7 years 6 months as per MCA records.
Credit Ratings, Litigation & Regulatory Alerts for Avantcore Global Solutions Private Limited
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MSME Payment Delays by Avantcore Global Solutions Private Limited
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Subsidiaries & Group Companies of Avantcore Global Solutions Private Limited
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GST Compliance of Avantcore Global Solutions Private Limited
Avantcore Global Solutions has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 06AASCA0940J1ZK | Haryana | Active | 15 May 2019 |
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MCA Filings & Documents of Avantcore Global Solutions Private Limited
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Frequently Asked Questions about Avantcore Global Solutions Private Limited
Avantcore Global Solutions is an active private limited company based in Gurugram, Haryana, India. The company works in business and IT consulting, within the business outsourcing industry. It was incorporated on 27 March 2019 (7+ years old) and is registered under CIN U72200HR2019PTC079322.
Avantcore Global Solutions reported revenue of ₹12.45 Lakh for FY 2024 (down 68% YoY).
Avantcore Global Solutions has 2 current directors:
- Rakesh Bhatnagar - Director
- Vikram Prakash - Director
Avantcore Global Solutions reported a net profit of ₹9,170 (net margin 0.7%) and EBITDA of ₹24,491 (EBITDA margin 2%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Avantcore Global Solutions is -17% over three years. In the latest year (FY 2024) revenue fell 68%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Avantcore Global Solutions is 06AASCA0940J1ZK, registered in Haryana.
The CIN (Corporate Identification Number) of Avantcore Global Solutions is U72200HR2019PTC079322. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Avantcore Global Solutions was incorporated on 27 March 2019, making it 7+ years old. It is registered with the Registrar of Companies, Delhi.
The peers of Avantcore Global Solutions by revenue are GV Mines Minerals & Metals Private Limited, White Owl Capital Private Limited, Cherico Consulting Services India Private Limited, Winning Edge Technology Private Limited, Rajgharana Agencies Private Limited and 5 more, all in the Outsourcing industry (Consulting Services, Diversified BPO).
Rakesh Bhatnagar was appointed as Director on 27 Mar 2019. Vikram Prakash was appointed as Director on 27 Mar 2019.
Yes, Avantcore Global Solutions is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).