MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-DL-08-0005494
Avante Global Services Private Limited - machinery and equipment in New Delhi, Delhi, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹9.72 Cr
▲ 23% YoY
Net profit · FY 2024
₹24.35 Lakh
Net margin 2.5%
EBITDA · FY 2024
₹44.98 Lakh
EBITDA margin 4.6%
Authorised capital
₹50 Lakh
Registered with MCA
Paid-up capital
₹30 Lakh
Issued & subscribed
Satisfied charges
₹2.25 Cr
No open charges
Company age
19 yrs
Est. 2007
Directors on board
2
As per MCA filings
About Avante Global Services Private Limited
Data last updated:
Avante Global Services Private Limited is a private limited company based in New Delhi, Delhi, India. It operates in the industrial tools and components segment of the machinery and industrial equipment sector. It was incorporated on 04 April 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U74200DL2007PTC161667. Its GSTIN is 07AAGCA2972G1ZP (Delhi).
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹30 Lakh. It is led by directors Praveen Kumar Gupta and Prachi Gupta.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 140 Ground Floor Sant Nagar East Of Kailash Delhi, New Delhi, Delhi, India – 110065.
As per the financials filed for FY 2024, the company reported a revenue of ₹9.72 Cr, a growth of 23% compared to the previous year. For the same year it recorded a net profit of ₹24.35 Lakh (net margin 2.5%) and EBITDA of ₹44.98 Lakh (EBITDA margin 4.6%). Revenue has declined at a compounded annual rate (CAGR) of 10% over three years and 3% over five years.
The company is associated with 1 brand: Avante Global Services. As per MCA filings, the company has satisfied charges of ₹2.25 Cr on record.
Avante Global Services Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-DL-08-0005494). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ags.co.in.
Company details
CIN U74200DL2007PTC161667
Registration Number 161667
Incorporation Date 04 April 2007
ROC Delhi
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-DL-08-0005494
Recognitions & Rankings of Avante Global Services
Contact details
Avante Global Services Private Limited's registered office is in New Delhi, Delhi. Its website is ags.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address140 Ground Floor Sant Nagar East Of Kailash Delhi, New Delhi, Delhi, India – 110065
- IndustryMachinery and Equipment, Industrial Tools & Components, Industrial Testing & Measurement Equipment
To see the full contact details of Avante Global Services Private Limited, buy the company report.
Comprehensive company report
Avante Global Services Private Limited - one report that includes everything
- 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
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Brands
Avante Global Services operates one associated brand: Avante Global Services. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provision of Test and Measurement Instruments and Off-Grid Solar PV solutions to Indian industries. | ags.co.in |
Business activity
The main business activity of Avante Global Services is wholesale and retail trade; repair of motor vehicles and motorcycles. In detail, this covers wholesale and retail trade and repair of motor vehicles and motorcycles.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Wholesale and retail trade; repair of motor vehicles and motorcycles | 45 | Wholesale and retail trade and repair of motor vehicles and motorcycles |
To see the full business activity and turnover split of Avante Global Services Private Limited, buy the company report.
Financials of Avante Global Services Private Limited
FY 2024 filings availableAvante Global Services Private Limited reported revenue of ₹9.72 Cr (up 23% YoY) for FY 2024.
Revenue · FY 2024
₹9.72 Cr ▲ 23%
Net profit · FY 2024
₹24.35 Lakh margin 2.5%
EBITDA · FY 2024
₹44.98 Lakh margin 4.6%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 23%
3 years · compounded
▲ 10%
5 years · compounded
▼ 3%
EBITDA CAGR growth
1 year
▲ 104%
3 years · compounded
▼ 1%
5 years · compounded
▼ 5%
Revenue rose 23% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 3%. EBITDA rose 104% 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
| 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 | |||||
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| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹44.98 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹24.35 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
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| Fixed Assets | |||||
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| Inventories | |||||
| Trade Receivables | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 4.6% | ||||
| Net Profit Margin | 2.5% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
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| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Avante Global Services Private Limited, buy the company report.
Board of directors of Avante Global Services Private Limited
Avante Global Services has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Praveen Kumar Gupta | Director | 04 Apr 2007 | 19 Years 7 Months | Current |
| Prachi Gupta | Director | 04 Apr 2007 | 19 Years 7 Months | Current |
Auditor
Avante Global Services Private Limited is audited by SATISH C GUPTA & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SATISH C GUPTA & ASSOCIATES | FY 2023 | 006832N |
Shareholding
The shareholding of Avante Global Services 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 category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Avante Global Services Private Limited, buy the company report.
Charges & borrowings
Open charges
None
Satisfied charges
₹2.25 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 07 Apr 2021 | 100435835 | Others | ₹1.25 Cr | Satisfied | |
| 19 Jun 2009 | 10165594 | Indian Bank | ₹95 Lakh | Satisfied | |
| 10 Jul 2007 | 10065896 | Oriental Bank of Commerce Ltd. | ₹4.73 Lakh | Satisfied |
To see the full charge records of Avante Global Services Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
No court or tribunal cases involving Avante Global Services 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 Avante Global Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Avante Global Services has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AAGCA2972G1ZP | Delhi | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Avante Global Services Private Limited, buy the company report.
Recent activity
Avante Global Services Private Limited has 2 board changes on record since 2007: 2 appointments. The latest: Prachi Gupta was appointed as Director on 04 Apr 2007.
AGM
Avante Global Services Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Avante Global Services Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Delhi.
Charges
A charge registered on 07 Apr 2021 via Charge ID 100435835 with Others was fully satisfied on 05 Nov 2022.
Charges
A charge with Others amounted to Rs. 125.00 Lakh with Charge ID 100435835 was registered on 07 Apr 2021.
Charges
A charge registered on 19 Jun 2009 via Charge ID 10165594 with Indian Bank was fully satisfied on 04 Mar 2019.
Charges
A charge registered on 10 Jul 2007 via Charge ID 10065896 with Oriental Bank Of Commerce Ltd. was fully satisfied on 28 Dec 2018.
Charges
A charge with Indian Bank of Rs. 95.00 Lakh registered on 19 Jun 2009 with Charge ID 10165594 was modified on 11 Aug 2010.
Charges
A charge with Indian Bank amounted to Rs. 95.00 Lakh with Charge ID 10165594 was registered on 19 Jun 2009.
Charges
A charge with Oriental Bank Of Commerce Ltd. amounted to Rs. 4.73 Lakh with Charge ID 10065896 was registered on 10 Jul 2007.
Appointed
Prachi Gupta was appointed as Director.
Appointed
Praveen Kumar Gupta was appointed as Director.
Incorporation
04 Apr 2007
Avante Global Services Private Limited was registered on 04 Apr 2007 with Roc Delhi & aged 19 years 7 months as per MCA records.
Frequently asked questions
Avante Global Services is an active private limited company based in New Delhi, Delhi, India. The company works in industrial tools and components, within the machinery and equipment industry. It was incorporated on 04 April 2007 (19+ years old) and is registered under CIN U74200DL2007PTC161667.
Avante Global Services has 2 current directors:
- Praveen Kumar Gupta - Director
- Prachi Gupta - Director
The latest financial statements of Avante Global Services on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Avante Global Services is 07AAGCA2972G1ZP, registered in Delhi.
The CIN (Corporate Identification Number) of Avante Global Services is U74200DL2007PTC161667. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Avante Global Services was incorporated on 04 April 2007, making it 19+ years old. It is registered with the Registrar of Companies, Delhi.
Prachi Gupta was appointed as Director on 04 Apr 2007. Praveen Kumar Gupta was appointed as Director on 04 Apr 2007.
Yes, Avante Global Services is registered as a small enterprise under Udyam registration (number: UDYAM-DL-08-0005494).
Avante Global Services can be reached through the website ags.co.in. Its registered office is in New Delhi, Delhi, India.
The registered office of Avante Global Services is at 140 Ground Floor Sant Nagar East Of Kailash Delhi, New Delhi, Delhi, India – 110065.
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