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Avance Technologies Limited
Founded in 1985, Avance Technologies Limited has been operating for more than 41 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 avancetechnologiesltd@gmail.com. The executive leadership listing includes Vijaysingh Purohit (CFO).
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.]
- avancetechnologiesltd@gmail.com
- PAN
GST Numbers
| State | GST Number | Status |
|---|---|---|
| Maharashtra | 27AAECA5763B1ZW | Active |
| Telangana | 36AAECA5763B1ZX | Inactive |
ISIN Numbers
| ISIN | Security | Interest Rate | Maturity Date | FISN | CFI |
|---|---|---|---|---|---|
| IN8758A01048 | AVANCE TECHNOLOGIES LIMITED EQ NEW FV RE 1/- LISTING/TRDG APPRVL AWAITED | - | 12/10/2026 | AVANSE TECH LTD/SH VTG | ESVUFN |
| INE758A01072 | AVANCE TECHNOLOGIES LIMITED EQ NEW FV RE 1/- | - | 12/10/2026 | AVANSE TECH LTD/SH VTG | ESVUFN |
Balance Sheet
| Metric | 31/03/2026 | 31/03/2025 | 31/03/2024 | 31/03/2023 | 31/03/2022 |
|---|---|---|---|---|---|
| Net PPE | ₹0.53L | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L |
| Net Debt | ₹11,507.42L | ₹3,527.24L | ₹0.00L | ₹0.00L | ₹0.00L |
| Goodwill | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L |
| Gross PPE | ₹0.55L | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L |
| Inventory | ₹9,079.65L | ₹3,563.33L | ₹1,955.45L | ₹658.64L | ₹0.00L |
| Total Debt | ₹16,405.51L | ₹5,578.13L | ₹0.00L | ₹0.00L | ₹0.00L |
| Common Stock | ₹19,819.17L | ₹19,819.17L | ₹19,819.17L | ₹19,819.17L | ₹0.00L |
| Current Debt | ₹1,738.89L | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L |
| Share Issued | ₹19,819.17L | ₹19,819.17L | ₹19,819.17L | ₹19,819.17L | ₹0.00L |
| Total Assets | ₹64,901.44L | ₹50,000.18L | ₹48,915.45L | ₹43,470.47L | ₹0.00L |
| Capital Stock | ₹19,819.17L | ₹19,819.17L | ₹19,819.17L | ₹19,819.17L | ₹0.00L |
| Long Term Debt | ₹14,666.62L | ₹5,578.13L | ₹0.00L | ₹0.00L | ₹0.00L |
| Current Assets | ₹23,486.93L | ₹11,921.43L | ₹8,614.78L | ₹4,745.36L | ₹0.00L |
| Prepaid Assets | ₹1,958.73L | ₹1,905.45L | ₹2.00L | ₹2.00L | ₹0.00L |
| Working Capital | ₹12,668.30L | ₹5,591.95L | -₹2,685.41L | -₹1,598.06L | ₹0.00L |
| Invested Capital | ₹55,821.69L | ₹43,670.71L | ₹37,615.26L | ₹37,127.06L | ₹0.00L |
| Other Properties | ₹0.53L | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L |
| Retained Earnings | -₹6,149.11L | -₹7,472.72L | -₹7,950.04L | -₹8,438.24L | ₹0.00L |
| Common Stock Equity | ₹39,416.18L | ₹38,092.58L | ₹37,615.26L | ₹37,127.06L | ₹0.00L |
| Net Tangible Assets | ₹39,416.18L | ₹38,092.58L | ₹37,615.26L | ₹37,127.06L | ₹0.00L |
| Tangible Book Value | ₹39,416.18L | ₹38,092.58L | ₹37,615.26L | ₹37,127.06L | ₹0.00L |
| Current Liabilities | ₹10,818.63L | ₹6,329.48L | ₹11,300.19L | ₹6,343.42L | ₹0.00L |
| Stockholders Equity | ₹39,416.18L | ₹38,092.58L | ₹37,615.26L | ₹37,127.06L | ₹0.00L |
| Other Equity Interest | ₹19,597.02L | ₹0.01L | ₹17,796.09L | ₹17,307.88L | ₹0.00L |
| Total Capitalization | ₹54,082.80L | ₹43,670.71L | ₹37,615.26L | ₹37,127.06L | ₹0.00L |
| Investment Properties | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L |
| Ordinary Shares Number | ₹19,819.17L | ₹19,819.17L | ₹19,819.17L | ₹19,819.17L | ₹0.00L |
| Other Non Current Assets | -₹0.01L | -₹0.01L | -₹0.01L | -₹0.01L | ₹0.00L |
| Total Non Current Assets | ₹41,414.51L | ₹38,078.76L | ₹40,300.66L | ₹38,725.11L | ₹0.00L |
| Cash And Cash Equivalents | ₹4,898.09L | ₹2,050.89L | ₹1,479.51L | ₹5.50L | ₹0.00L |
| Construction In Progress | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L |
| Accumulated Depreciation | -₹0.02L | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L |
| Additional Paid In Capital | ₹16,707.65L | ₹16,707.65L | ₹16,707.65L | ₹16,707.65L | ₹0.00L |
| Other Short Term Investments | ₹3,305.54L | ₹3,305.54L | ₹3,954.45L | ₹3,954.45L | ₹0.00L |
| Other Non Current Liabilities | ₹0.01L | -₹0.01L | -₹0.02L | ₹0.00L | ₹0.00L |
| Machinery Furniture Equipment | ₹0.55L | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L |
| Goodwill And Other Intangible Assets | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L |
| Total Equity Gross Minority Interest | ₹39,416.18L | ₹38,092.58L | ₹37,615.26L | ₹37,127.06L | ₹0.00L |
| Total Liabilities Net Minority Interest | ₹25,485.26L | ₹11,907.60L | ₹11,300.19L | ₹6,343.41L | ₹0.00L |
| Current Debt And Capital Lease Obligation | ₹1,738.89L | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L |
| Long Term Debt And Capital Lease Obligation | ₹14,666.62L | ₹5,578.13L | ₹0.00L | ₹0.00L | ₹0.00L |
| Cash Cash Equivalents And Short Term Investments | ₹8,203.63L | ₹5,356.43L | ₹5,433.96L | ₹3,959.95L | ₹0.00L |
| Total Non Current Liabilities Net Minority Interest | ₹14,666.63L | ₹5,578.12L | ₹0.00L | -₹0.01L | ₹0.00L |
Cash Flow
| Metric | 31/03/2026 | 31/03/2025 | 31/03/2024 | 31/03/2023 | 31/03/2022 |
|---|---|---|---|---|---|
| Free Cash Flow | -₹13,720.12L | -₹6,761.51L | ₹3,049.59L | ₹615.76L | ₹0.00L |
| Changes In Cash | ₹2,847.20L | ₹571.37L | ₹1,474.01L | ₹1.10L | ₹0.00L |
| End Cash Position | ₹4,898.09L | ₹2,050.89L | ₹1,479.51L | ₹5.50L | ₹0.00L |
| Financing Cash Flow | ₹10,819.17L | ₹5,576.56L | -₹4,162.46L | -₹1,350.87L | ₹0.00L |
| Investing Cash Flow | ₹5,747.60L | ₹1,756.32L | ₹2,586.88L | ₹736.21L | ₹0.00L |
| Operating Cash Flow | -₹13,719.57L | -₹6,761.51L | ₹3,049.59L | ₹615.76L | ₹0.00L |
| Capital Expenditure | -₹0.55L | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L |
| Beginning Cash Position | ₹2,050.89L | ₹1,479.52L | ₹5.50L | ₹4.42L | ₹0.00L |
Income Statement
| Metric | 31/03/2026 | 31/03/2025 | 31/03/2024 | 31/03/2023 |
|---|---|---|---|---|
| EBIT | ₹1,324.16L | ₹734.40L | ₹249.99L | ₹50.27L |
| EBITDA | ₹1,324.18L | ₹734.40L | ₹249.99L | ₹50.27L |
| Basic EPS | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L |
| Net Income | ₹1,323.61L | ₹530.24L | ₹488.20L | ₹40.60L |
| Diluted EPS | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L |
| Gross Profit | ₹6.73L | ₹555.41L | ₹279.35L | ₹64.75L |
| Pretax Income | ₹1,324.16L | ₹734.40L | ₹503.20L | ₹50.27L |
| Tax Provision | ₹0.56L | ₹204.16L | ₹15.00L | ₹9.67L |
| Total Revenue | ₹15,925.61L | ₹17,176.54L | ₹14,429.06L | ₹3,053.20L |
| Cost Of Revenue | ₹15,918.88L | ₹16,621.13L | ₹14,149.71L | ₹2,988.45L |
| Total Expenses | ₹15,977.33L | ₹16,660.07L | ₹14,179.07L | ₹3,004.07L |
| Interest Income | ₹384.10L | ₹218.06L | ₹0.00L | ₹0.00L |
| Interest Expense | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L |
| Operating Income | -₹51.72L | ₹516.47L | ₹249.99L | ₹49.13L |
| Tax Rate For Calcs | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L |
| Normalized EBITDA | ₹1,324.18L | ₹733.83L | ₹248.36L | ₹49.11L |
| Normalized Income | ₹1,323.61L | ₹529.83L | ₹486.62L | ₹39.66L |
| Operating Expense | ₹58.45L | ₹38.94L | ₹29.36L | ₹15.62L |
| Operating Revenue | ₹15,925.61L | ₹17,176.54L | ₹14,429.06L | ₹3,053.20L |
| Net Interest Income | ₹375.90L | ₹216.49L | -₹0.03L | -₹0.01L |
| Total Unusual Items | ₹0.00L | ₹0.57L | ₹1.63L | ₹1.16L |
| Basic Average Shares | ₹19,819.17L | ₹19,819.17L | ₹19,819.17L | ₹19,819.17L |
| Diluted Average Shares | ₹19,819.17L | ₹19,819.17L | ₹19,819.17L | ₹19,819.17L |
| Total Other Finance Cost | ₹8.20L | ₹1.57L | ₹0.03L | ₹0.01L |
| Other Operating Expenses | ₹47.50L | ₹30.32L | ₹20.94L | ₹13.98L |
| Reconciled Depreciation | ₹0.02L | ₹0.00L | ₹0.00L | ₹0.00L |
| Reconciled Cost Of Revenue | ₹15,918.88L | ₹16,621.13L | ₹14,149.71L | ₹2,988.45L |
| Rent Expense Supplemental | ₹5.16L | ₹1.40L | ₹0.00L | ₹0.00L |
| Tax Effect Of Unusual Items | ₹0.00L | ₹0.16L | ₹0.05L | ₹0.22L |
| Interest Income Non Operating | ₹384.10L | ₹218.06L | ₹0.00L | ₹0.00L |
| Interest Expense Non Operating | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L |
| Net Income Common Stockholders | ₹1,323.61L | ₹530.24L | ₹488.20L | ₹40.60L |
| Net Income Continuous Operations | ₹1,323.61L | ₹530.24L | ₹488.20L | ₹40.60L |
| Diluted NIAvailto Com Stockholders | ₹1,323.61L | ₹530.24L | ₹488.20L | ₹40.60L |
| General And Administrative Expense | ₹5.77L | ₹7.22L | ₹8.42L | ₹1.64L |
| Selling General And Administration | ₹5.77L | ₹7.22L | ₹8.42L | ₹1.64L |
| Net Income Discontinuous Operations | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L |
| Otherunder Preferred Stock Dividend | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L |
| Total Unusual Items Excluding Goodwill | ₹0.00L | ₹0.57L | ₹1.63L | ₹1.16L |
| Net Non Operating Interest Income Expense | ₹375.90L | ₹216.49L | -₹0.03L | -₹0.01L |
| Net Income Including Noncontrolling Interests | ₹1,323.61L | ₹530.24L | ₹488.20L | ₹40.60L |
| Net Income From Continuing And Discontinued Operation | ₹1,323.61L | ₹530.24L | ₹488.20L | ₹40.60L |
| Net Income From Continuing Operation Net Minority Interest | ₹1,323.61L | ₹530.24L | ₹488.20L | ₹40.60L |
Company Performance (FY23–FY26)
₹171.8 Cr₹128.8 Cr₹85.9 Cr₹42.9 Cr₹0
FY23FY24FY25FY26
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 |
Business Network
CompanyDirectorNot on WeeDooBoard seatKey rolePast seatOwnership
Directors 8
- Srikrishna Srivenkateswarch BhamidipatiManaging Director
- Deepak Yallappa ManeDirector
- Sanjay Atmaram DevlekarDirector
- Shakila Ramjansha MakandarDirector
- Akshay Vijay NawaleDirector
- Vasant Tukaram BhoirDirector
- Sneha ShrivastavaCompany Secretary
- Vijaysingh PurohitCFO
Latest Documents
Category:
| Date | Title | Size |
|---|---|---|
| 28/11/2024 | Form MGT-7-28112024 | - |
| 12/11/2024 | Form AOC-4(XBRL)-28102024 | - |
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Address
Office No. 226/227, Majestic Center, Second Floor, 144 Opera House, Mumbai City, Mumbai, Maharashtra, India, 400004
Frequently Asked Questions
What is the incorporation date of Avance Technologies Limited?
The incorporation date of Avance Technologies Limited is 30/01/1985.
What is the authorized share capital and paid-up capital of Avance Technologies Limited?
The authorized share capital of Avance Technologies Limited is ₹65,00,00,000.00. The paid-up capital is ₹1,98,19,17,430.00.
Who are the current board members & directors of Avance Technologies Limited?
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
What is the registered address of Avance Technologies Limited?
The registered address of Avance Technologies Limited is Office No. 226/227, Majestic Center, Second Floor, 144 Opera House, Mumbai City, Mumbai, Maharashtra, India, 400004.
What is the Corporate Identification Number of Avance Technologies Limited?
The Corporate Identification Number of Avance Technologies Limited is L51900MH1985PLC035210.