Indian Company Master Data Made Simple
Avance Technologies Limited
Founded in 1985, Avance Technologies Limited has been operating for more than 40 years. Its CIN is L51900MH1985PLC035210, with registration number 35210. Avance Technologies Limited is registered as company limited by shares. The declared authorized capital is ₹65.00 crore. This company’s paid-up capital is valued at ₹198.19 crore.
The firm focuses on other wholesale [includes specialized wholesale not covered in any one of the previous categories and wholesale in a variety of goods without any particular specialization.]. This entity is registered in Mumbai, India. The firm’s incorporation address reads Office No. 226/227, Majestic Center, Second Floor, 144 Opera House, Mumbai City, Mumbai, Maharashtra, India, 400004. The entity is active and conducting operations. PAN number for the company is AAECA5763B. The company’s official contact email is [email protected]. The executive leadership listing includes Vijaysingh Purohit (CFO).
Profile data last updated: 14/12/2024
Company Overview
- CIN
- Date of Incorporation
- 30/01/1985
- Company Status
- Active
- RoC
- Mumbai
- Registration Number
- Balance sheet date
- 31/03/2024
- Company Category
- Company limited by shares
- Company Sub Category
- Non-government company
- Listed in Stock Exchange
- Yes
- Class of Company
- Public Limited Company
- LEI Number
- Authorized Capital
- ₹65,00,00,000.00
- Paid up Capital
- ₹1,98,19,17,430.00
- Activity
- Other wholesale [Includes specialized wholesale not covered in any one of the previous categories and wholesale in a variety of goods without any particular specialization.]
- [email protected]
- PAN
Balance Sheet
| Metric | 31/03/2025 | 31/03/2024 | 31/03/2023 | 31/03/2022 | 31/03/2021 |
|---|---|---|---|---|---|
| Total Non Current Liabilities Net Minority Interest | -₹0.01L | ₹0.00L | -₹0.01L | -₹0.01L | ₹0.00L |
| Investment Properties | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L |
| Total Liabilities Net Minority Interest | ₹11,907.60L | ₹11,300.19L | ₹6,343.41L | ₹5,610.68L | ₹0.00L |
| Tangible Book Value | ₹38,092.58L | ₹37,615.26L | ₹37,127.06L | ₹37,086.46L | ₹0.00L |
| Long Term Debt | ₹5,719.38L | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L |
| Goodwill | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L |
| Current Debt And Capital Lease Obligation | ₹5,578.13L | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L |
| Total Assets | ₹50,000.18L | ₹48,915.45L | ₹43,470.47L | ₹42,697.14L | ₹0.00L |
| Total Equity Gross Minority Interest | ₹38,092.58L | ₹37,615.26L | ₹37,127.06L | ₹37,086.46L | ₹0.00L |
| Gross PPE | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L |
| Common Stock | ₹19,819.17L | ₹19,819.17L | ₹19,819.17L | ₹19,819.17L | ₹0.00L |
| Total Capitalization | ₹38,092.58L | ₹37,615.26L | ₹37,127.06L | ₹37,086.46L | ₹0.00L |
| Total Debt | ₹5,578.13L | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L |
| Goodwill And Other Intangible Assets | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L |
| Other Equity Interest | ₹18,082.40L | ₹17,796.09L | ₹17,307.88L | ₹17,267.28L | ₹0.00L |
| Other Non Current Liabilities | -₹0.01L | -₹0.02L | ₹0.00L | ₹0.00L | ₹0.00L |
| Capital Stock | ₹19,819.17L | ₹19,819.17L | ₹19,819.17L | ₹19,819.17L | ₹0.00L |
| Additional Paid In Capital | ₹16,707.65L | ₹16,707.65L | ₹16,707.65L | ₹16,707.65L | ₹0.00L |
| Cash Cash Equivalents And Short Term Investments | ₹5,356.64L | ₹5,433.96L | ₹3,959.95L | ₹3,958.87L | ₹0.00L |
| Invested Capital | ₹43,670.71L | ₹37,615.26L | ₹37,127.06L | ₹37,086.46L | ₹0.00L |
| Total Non Current Assets | ₹38,078.55L | ₹40,300.66L | ₹38,725.11L | ₹38,109.29L | ₹0.00L |
| Net Tangible Assets | ₹38,092.58L | ₹37,615.26L | ₹37,127.06L | ₹37,086.46L | ₹0.00L |
| Cash And Cash Equivalents | ₹2,050.89L | ₹1,479.51L | ₹5.50L | ₹4.42L | ₹0.00L |
| Prepaid Assets | ₹1,905.45L | ₹2.00L | ₹2.00L | ₹2.00L | ₹0.00L |
| Stockholders Equity | ₹38,092.58L | ₹37,615.26L | ₹37,127.06L | ₹37,086.46L | ₹0.00L |
| Other Short Term Investments | ₹3,305.75L | ₹3,954.45L | ₹3,954.45L | ₹3,954.45L | ₹0.00L |
| Share Issued | ₹19,819.17L | ₹19,819.17L | ₹19,819.17L | ₹19,819.17L | ₹0.00L |
| Current Assets | ₹11,921.62L | ₹8,614.78L | ₹4,745.36L | ₹4,587.86L | ₹0.00L |
| Net Debt | ₹3,527.24L | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L |
| Working Capital | ₹14.01L | -₹2,685.41L | -₹1,598.06L | -₹1,022.83L | ₹0.00L |
| Ordinary Shares Number | ₹19,819.17L | ₹19,819.17L | ₹19,819.17L | ₹19,819.17L | ₹0.00L |
| Current Debt | ₹5,578.13L | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L |
| Long Term Debt And Capital Lease Obligation | ₹5,719.38L | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L |
| Current Liabilities | ₹11,907.61L | ₹11,300.19L | ₹6,343.42L | ₹5,610.69L | ₹0.00L |
| Retained Earnings | -₹7,472.72L | -₹7,950.04L | -₹8,438.24L | -₹8,478.84L | ₹0.00L |
| Net PPE | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L |
| Construction In Progress | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L |
| Common Stock Equity | ₹38,092.58L | ₹37,615.26L | ₹37,127.06L | ₹37,086.46L | ₹0.00L |
| Other Non Current Assets | -₹0.01L | -₹0.01L | -₹0.01L | ₹0.01L | ₹0.00L |
| Inventory | ₹3,563.33L | ₹1,955.45L | ₹658.64L | ₹377.53L | ₹0.00L |
Cash Flow
| Metric | 31/03/2025 | 31/03/2024 | 31/03/2023 | 31/03/2022 | 31/03/2021 |
|---|---|---|---|---|---|
| Changes In Cash | ₹571.39L | ₹1,474.01L | ₹1.10L | -₹21.14L | ₹0.00L |
| Financing Cash Flow | ₹5,576.56L | -₹4,162.46L | -₹1,350.87L | ₹6,217.25L | ₹0.00L |
| Investing Cash Flow | ₹1,756.32L | ₹2,586.88L | ₹736.21L | -₹8,105.46L | ₹0.00L |
| Free Cash Flow | -₹6,761.49L | ₹3,049.59L | ₹615.76L | ₹1,867.07L | ₹0.00L |
| End Cash Position | ₹2,050.90L | ₹1,479.51L | ₹5.50L | ₹4.42L | ₹0.00L |
| Other Cash Adjustment Outside Changein Cash | ₹0.01L | ₹0.00L | -₹0.02L | ₹0.02L | -₹0.01L |
| Beginning Cash Position | ₹1,479.51L | ₹5.50L | ₹4.42L | ₹25.54L | ₹0.00L |
| Operating Cash Flow | -₹6,761.49L | ₹3,049.59L | ₹615.76L | ₹1,867.07L | ₹0.00L |
Income Statement
| Metric | 31/03/2025 | 31/03/2024 | 31/03/2023 | 31/03/2022 | 31/03/2021 |
|---|---|---|---|---|---|
| Rent Expense Supplemental | ₹1.40L | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L |
| Net Income Discontinuous Operations | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L |
| Net Income From Continuing Operation Net Minority Interest | ₹530.24L | ₹488.20L | ₹40.60L | -₹61.59L | ₹0.00L |
| Basic EPS | ₹0.00L | ₹0.00L | ₹0.00L | -₹0.00L | ₹0.00L |
| EBITDA | ₹516.47L | ₹249.99L | ₹50.27L | -₹61.59L | ₹0.00L |
| Total Unusual Items | ₹0.57L | ₹1.63L | ₹1.16L | ₹0.00L | ₹0.00L |
| Operating Revenue | ₹17,176.54L | ₹14,429.06L | ₹3,053.20L | ₹1,151.57L | ₹0.00L |
| Total Expenses | ₹16,660.07L | ₹14,179.07L | ₹3,004.07L | ₹1,214.79L | ₹0.00L |
| Tax Effect Of Unusual Items | ₹0.16L | ₹0.05L | ₹0.22L | ₹0.00L | ₹0.00L |
| Total Unusual Items Excluding Goodwill | ₹0.57L | ₹1.63L | ₹1.16L | ₹0.00L | ₹0.00L |
| Interest Income Non Operating | ₹218.06L | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L |
| Interest Income | ₹218.06L | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L |
| Interest Expense Non Operating | ₹1.57L | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L |
| Net Income From Continuing And Discontinued Operation | ₹530.24L | ₹488.20L | ₹40.60L | -₹61.59L | ₹0.00L |
| General And Administrative Expense | ₹7.22L | ₹8.42L | ₹1.64L | ₹1.74L | ₹0.00L |
| Reconciled Depreciation | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L |
| Net Income Continuous Operations | ₹530.24L | ₹488.20L | ₹40.60L | -₹61.59L | ₹0.00L |
| Reconciled Cost Of Revenue | ₹16,621.13L | ₹14,149.71L | ₹2,988.45L | ₹1,196.92L | ₹0.00L |
| Operating Income | ₹516.47L | ₹249.99L | ₹49.13L | -₹63.22L | ₹0.00L |
| Net Income | ₹530.24L | ₹488.20L | ₹40.60L | -₹61.59L | ₹0.00L |
| Diluted Average Shares | ₹19,819.17L | ₹19,819.17L | ₹19,819.17L | ₹99,095.87L | ₹0.00L |
| Normalized Income | ₹529.83L | ₹486.62L | ₹39.66L | -₹61.59L | ₹0.00L |
| Total Other Finance Cost | ₹1.57L | ₹0.03L | ₹0.01L | ₹0.00L | ₹0.01L |
| Net Non Operating Interest Income Expense | ₹216.49L | -₹0.03L | -₹0.01L | ₹0.00L | ₹0.00L |
| EBIT | ₹516.47L | ₹249.99L | ₹50.27L | -₹61.59L | ₹0.00L |
| Gross Profit | ₹555.41L | ₹279.35L | ₹64.75L | -₹45.35L | ₹0.00L |
| Cost Of Revenue | ₹16,621.13L | ₹14,149.71L | ₹2,988.45L | ₹1,196.92L | ₹0.00L |
| Diluted NIAvailto Com Stockholders | ₹530.24L | ₹488.20L | ₹40.60L | -₹61.59L | ₹0.00L |
| Net Interest Income | ₹216.49L | -₹0.03L | -₹0.01L | ₹0.00L | ₹0.00L |
| Normalized EBITDA | ₹515.90L | ₹248.36L | ₹49.11L | -₹61.59L | ₹0.00L |
| Operating Expense | ₹38.94L | ₹29.36L | ₹15.62L | ₹17.87L | ₹0.00L |
| Net Income Common Stockholders | ₹530.24L | ₹488.20L | ₹40.60L | -₹61.59L | ₹0.00L |
| Pretax Income | ₹734.40L | ₹503.20L | ₹50.27L | -₹61.59L | ₹0.00L |
| Tax Rate For Calcs | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L |
| Total Revenue | ₹17,176.54L | ₹14,429.06L | ₹3,053.20L | ₹1,151.57L | ₹0.00L |
| Selling General And Administration | ₹7.22L | ₹8.42L | ₹1.64L | ₹1.74L | ₹0.00L |
| Other Operating Expenses | ₹30.32L | ₹20.94L | ₹13.98L | ₹16.13L | ₹0.00L |
| Diluted EPS | ₹0.00L | ₹0.00L | ₹0.00L | -₹0.00L | ₹0.00L |
| Interest Expense | ₹1.57L | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L |
| Basic Average Shares | ₹19,819.17L | ₹19,819.17L | ₹19,819.17L | ₹99,095.87L | ₹0.00L |
| Tax Provision | ₹204.16L | ₹15.00L | ₹9.67L | ₹0.00L | ₹0.00L |
| Net Income Including Noncontrolling Interests | ₹530.24L | ₹488.20L | ₹40.60L | -₹61.59L | ₹0.00L |
| Otherunder Preferred Stock Dividend | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L |
Directors
| Appointment | Director name | DIN | Designation | |
|---|---|---|---|---|
| 15/01/2002 | Srikrishna Srivenkateswarch Bhamidipati | 02083384 | Managing Director | View other directorships |
| 01/10/2016 | Vasant Tukaram Bhoir | 07596882 | Director | View other directorships |
| 06/09/2017 | Akshay Vijay Nawale | 07597069 | Director | View other directorships |
| 06/09/2017 | Vijaysingh Purohit | *****0629F | CFO | |
| 23/10/2018 | Shakila Ramjansha Makandar | 06513263 | Director | View other directorships |
| 05/09/2019 | Sanjay Atmaram Devlekar | 07847440 | Director | View other directorships |
| 30/09/2019 | Deepak Yallappa Mane | 07984967 | Director | View other directorships |
| 21/06/2022 | Sneha Shrivastava | *****2059D | Company Secretary |
Latest Documents
| Date | Title | Size |
|---|---|---|
| 28/11/2024 | Form MGT-7-28112024 | - |
| 12/11/2024 | Form AOC-4(XBRL)-28102024 | - |
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Address
FAQ
The current board member of Avance Technologies Limited are:
- Sanjay Atmaram Devlekar
- Sanjay Atmaram Devlekar
- Deepak Yallappa Mane
- Srikrishna Srivenkateswarch Bhamidipati
- Vasant Tukaram Bhoir
- Akshay Vijay Nawale
- Shakila Ramjansha Makandar