AVANSE FINANCIAL SERVICES LIMITED
OVERVIEW - AVANSE FINANCIAL SERVICES LIMITED
Avanse Financial Services Limited is an unlisted public company incorporated on 07 August, 1992. It is classified as a public limited company and is located in Mumbai City, Maharashtra. It's authorized share capital is INR 200.00 cr and the total paid-up capital is INR 117.05 cr.
Avanse Financial Services Limited's operating revenues range is INR 100 cr - 500 cr for the financial year ending on 31 March, 2018. It's EBITDA has increased by 97.72 % over the previous year. At the same time, it's book networth has increased by 245.80 %. Other performance and liquidity ratios are available here.
Description: The company provides education finance and loans to students pursuing higher studies
Products & Services: EDUCATION LOAN, COMMERCIAL FINANCE, SME LOANS
Category: Service Provider
The current status of Avanse Financial Services Limited is - Active.
The last reported AGM (Annual General Meeting) of Avanse Financial Services Limited, per our records, was held on 27 September, 2022. Also, as per our records, its last balance sheet was prepared for the period ending on 31 March, 2022.
Avanse Financial Services Limited has six directors - Neeraj Swaroop, Ravi Venkatraman, and others.
The Corporate Identification Number (CIN) of Avanse Financial Services Limited is U67120MH1992PLC068060. The registered office of Avanse Financial Services Limited is at 001 & 002 Fulcrum, A Wing, Ground Floor Sahar Road, Next to Hyatt Regency, Andheri (East), Mumbai, Mumbai City, Maharashtra.
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REGISTERED DETAILS - AVANSE FINANCIAL SERVICES LIMITED
CIN
U67120MH1992PLC068060
Incorporation Date / Age
07 August, 1992 / 31 yrs
Last Reported AGM Date
27 September, 2022
Authorized Capital
INR 20000.0 Lacs
Paidup Capital
INR 11704.8461 Lacs
industry*
Finance
type
Unlisted Public Company
category
Company limited by Shares
subcategory
Non-govt company
Email Address
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Website
http://www.avanse.com/. (Incorrect website?)
Registered Address
001 & 002 Fulcrum, A Wing, Ground Floor
Sahar Road, Next to Hyatt Regency, Andheri (East)
Mumbai
Mumbai City - 400099
Maharashtra - India
How to download AVANSE FINANCIAL SERVICES LIMITED report
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AVANSE FINANCIAL SERVICES LIMITED - Registration Details | ||||||
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CIN | U67120MH1992PLC068060 | |||||
Incorporation Date / Age | 07 August, 1992 / 31 yrs | |||||
Last Reported AGM Date | 27 September, 2022 | |||||
Authorized Capital | INR 20000.0 Lacs | |||||
Paidup Capital | INR 11704.8461 Lacs | |||||
industry* | Finance | |||||
type | Unlisted Public Company | |||||
category | Company limited by Shares | |||||
subcategory | Non-govt company | |||||
Email Address | ||||||
Website | http://www.avanse.com/ | |||||
Registered Address | 001 & 002 Fulcrum, A Wing, Ground Floor Sahar Road, Next to Hyatt Regency, Andheri (East) Mumbai Mumbai City - 400099 Maharashtra - India |
FINANCIAL HIGHLIGHTS - AVANSE FINANCIAL SERVICES LIMITED
Operating Revenue | INR 100 cr - 500 cr |
EBITDA | 97.72 % |
Networth | 245.80 % |
Debt/Equity Ratio | 3.90 |
Return on Equity | 2.11 % |
* Company has reported to have approved financials for 31 March, 2022. However, in case, they are not yet filed with MCA, then last filed financials shall be provided instead.
How to get financial reports of AVANSE FINANCIAL SERVICES LIMITED
Tofler Company360 provides access to any Indian company's financial documents, charts, ratio analysis and more. It lets you compare financials of several companies and study performance trends. These financials can also be downloaded in excel format. Here is the video showing how you can study the financials of an Indian company on the Company360 platform.
Directors - AVANSE FINANCIAL SERVICES LIMITED
The company has 6 directors and 3 reported key management personnel.
The longest serving director currently on board is Savita Mahajan who was appointed on 01 December, 2018. Savita Mahajan has been on the board for 4 years and 2 months. The most recently appointed director is Amit Gainda, who was appointed on 02 March, 2022.
Vijayalakshmi Rajaram Iyer has the largest number of other directorships with a seat at a total of 11 companies. In total, the company is connected to 29 other companies through its directors.
NAME | DESIGNATION | APPOINTMENT DATE | |
---|---|---|---|
RAJESH PRAVINKUMAR GANDHI | KMP | 11 November, 2022 | No other directorships |
NEERAJ SWAROOP | Director | 30 July, 2019 | Other directorships - SBFC FINANCE PRIVATE LIMITED, SPANDANA SPHOORTY FINANCIAL LIMITED, HDFC SECURITIES LIMITED, |
RAVI VENKATRAMAN | Director | 05 July, 2021 | Other directorships - BAJAJ FINSERV MUTUAL FUND TRUSTEE LIMITED, MAHINDRA BUSINESS & CONSULTING SERVICES PRIVATE LIMITED, SARVAGRAM FINCARE PRIVATE LIMITED, ESAF SMALL FINANCE BANK LIMITED, KOTAK MAHINDRA PRIME LIMITED, |
VIJAYALAKSHMI RAJARAM IYER | Director | 30 July, 2019 | Other directorships - POONAWALLA FINCORP LIMITED, BFSI SECTOR SKILL COUNCIL OF INDIA, AXIS MUTUAL FUND TRUSTEE LIMITED, ICICI SECURITIES LIMITED, COMPUTER AGE MANAGEMENT SERVICES LIMITED, RELIGARE ENTERPRISES LIMITED, CG POWER AND INDUSTRIAL SOLUTIONS LIMITED, L&T METRO RAIL (HYDERABAD) LIMITED, ADITYA BIRLA CAPITAL LIMITED, L&T INFRASTRUCTURE DEVELOPMENT PROJECTS LIMITED, |
SAVITA MAHAJAN | Director | 01 December, 2018 | Other directorships - BHAGIRATH RESURGENCE PRIVATE LIMITED, AUROBINDO PHARMA LTD, GEMINI EDIBLES & FATS INDIA LIMITED, |
NARENDRA OSTAWAL | Director | 30 July, 2019 | Other directorships - NNA CRE PROPERTIES LLP, CARMEL POINT INVESTMENTS INDIA PRIVATE LIMITED, HOME FIRST FINANCE COMPANY INDIA LIMITED, FUSION MICRO FINANCE LIMITED, COMPUTER AGE MANAGEMENT SERVICES LIMITED, INDIAFIRST LIFE INSURANCE COMPANY LIMITED, WARBURG PINCUS INDIA PRIVATE LIMITED, CAPITAL FIRST LIMITED, |
VINEET MAHAJAN | KMP | 22 September, 2021 | No other directorships |
AMIT GAINDA | KMP | 01 April, 2017 | No other directorships |
AMIT GAINDA | Director | 02 March, 2022 | Other directorships - AVANSE GLOBAL FINANCE IFSC PRIVATE LIMITED, |
NAME | DESIGNATION | APPOINTMENT DATE | |||||||||||||||||||||||||||||||||||||||||||||||||||||
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RAJESH PRAVINKUMAR GANDHI | KMP | 11 November, 2022 | No other directorships | ||||||||||||||||||||||||||||||||||||||||||||||||||||
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NEERAJ SWAROOP | Director | 30 July, 2019 | View other directorships | ||||||||||||||||||||||||||||||||||||||||||||||||||||
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RAVI VENKATRAMAN | Director | 05 July, 2021 | View other directorships | ||||||||||||||||||||||||||||||||||||||||||||||||||||
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VIJAYALAKSHMI RAJARAM IYER | Director | 30 July, 2019 | View other directorships | ||||||||||||||||||||||||||||||||||||||||||||||||||||
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SAVITA MAHAJAN | Director | 01 December, 2018 | View other directorships | ||||||||||||||||||||||||||||||||||||||||||||||||||||
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NARENDRA OSTAWAL | Director | 30 July, 2019 | View other directorships | ||||||||||||||||||||||||||||||||||||||||||||||||||||
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VINEET MAHAJAN | KMP | 22 September, 2021 | No other directorships | ||||||||||||||||||||||||||||||||||||||||||||||||||||
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AMIT GAINDA | KMP | 01 April, 2017 | No other directorships | ||||||||||||||||||||||||||||||||||||||||||||||||||||
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AMIT GAINDA | Director | 02 March, 2022 | View other directorships | ||||||||||||||||||||||||||||||||||||||||||||||||||||
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AMIT GAINDA
KMP
Director
Director
Director
Director
Director
VINEET MAHAJAN
KMP
Director
RAJESH PRAVINKUMAR GANDHI
KMP
Previous Directors - AVANSE FINANCIAL SERVICES LIMITED
Login to view previous directorsPrevious Names
ABHIVRUDDHI HOLDINGS PRIVATE LIMITED |
AVANSE FINANCIAL SERVICES PRIVATE LIMITED |
Previous CINs
U67120MH1992PTC068060 |
SIMILAR COMPANIES
NAME | INCORPORATION YEAR | STATE | PAID UP CAPITAL | |
---|---|---|---|---|
NETAFIM AGRICULTURAL FINANCING AGENCY PRIVATE LIMITED
It was formed in year 2011 in Maharashtra . The company currently has a paid up capital of INR 117.55 cr.
|
2011 | Maharashtra | 117.55 cr | Buy financial reports |
EARLYSALARY SERVICES PRIVATE LIMITED
It was formed in year 1994 in Maharashtra . The company currently has a paid up capital of INR 115.00 cr.
|
1994 | Maharashtra | 115.00 cr | Buy financial reports |
INDIA INTERNATIONAL BULLION EXCHANGE IFSC LIMITED
It was formed in year 2021 in Gujarat . The company currently has a paid up capital of INR 115.00 cr.
|
2021 | Gujarat | 115.00 cr | Buy financial reports |
INDIA RESURGENCE ARC PRIVATE LIMITED
It was formed in year 2016 in Maharashtra . The company currently has a paid up capital of INR 115.00 cr.
|
2016 | Maharashtra | 115.00 cr | Buy financial reports |
FIL INDIA BUSINESS AND RESEARCH SERVICES PRIVATE LIMITED
It was formed in year 2007 in Delhi . The company currently has a paid up capital of INR 113.83 cr.
|
2007 | Delhi | 113.83 cr | Buy financial reports |
ORBIS FINANCIAL CORPORATION LIMITED
It was formed in year 2005 in Haryana . The company currently has a paid up capital of INR 113.58 cr.
|
2005 | Haryana | 113.58 cr | Buy financial reports |
TP POWER HOLDINGS PRIVATE LIMITED
It was formed in year 2012 in Telangana . The company currently has a paid up capital of INR 113.38 cr.
|
2012 | Telangana | 113.38 cr | Buy financial reports |
JSI INVESTMENTS PRIVATE LIMITED
It was formed in year 2020 in Maharashtra . The company currently has a paid up capital of INR 112.50 cr.
|
2020 | Maharashtra | 112.50 cr | Buy financial reports |
MAHA ARC LIMITED
It was formed in year 2022 in Maharashtra . The company currently has a paid up capital of INR 111.00 cr.
|
2022 | Maharashtra | 111.00 cr | Buy financial reports |
ACE DERIVATIVES AND COMMODITY EXCHANGE LIMITED
It was formed in year 1956 in Gujarat . The company currently has a paid up capital of INR 109.49 cr.
|
1956 | Gujarat | 109.49 cr | Buy financial reports |
NAME | INCORPORATION YEAR | STATE | PAID UP CAPITAL |
---|---|---|---|
NETAFIM AGRICULTURAL FINANCING AGENCY PRIVATE LIMITED | 2011 | Maharashtra | 117.55 cr |
EARLYSALARY SERVICES PRIVATE LIMITED | 1994 | Maharashtra | 115.00 cr |
INDIA INTERNATIONAL BULLION EXCHANGE IFSC LIMITED | 2021 | Gujarat | 115.00 cr |
INDIA RESURGENCE ARC PRIVATE LIMITED | 2016 | Maharashtra | 115.00 cr |
FIL INDIA BUSINESS AND RESEARCH SERVICES PRIVATE LIMITED | 2007 | Delhi | 113.83 cr |
ORBIS FINANCIAL CORPORATION LIMITED | 2005 | Haryana | 113.58 cr |
TP POWER HOLDINGS PRIVATE LIMITED | 2012 | Telangana | 113.38 cr |
JSI INVESTMENTS PRIVATE LIMITED | 2020 | Maharashtra | 112.50 cr |
MAHA ARC LIMITED | 2022 | Maharashtra | 111.00 cr |
ACE DERIVATIVES AND COMMODITY EXCHANGE LIMITED | 1956 | Gujarat | 109.49 cr |
SUBSIDIARY COMPANIES
No Indian subsidiary companies found.
Company Network - AVANSE FINANCIAL SERVICES LIMITED

How to use company network of AVANSE FINANCIAL SERVICES LIMITED
Tofler Company network is a powerful feature that allows you to explore and discover common directorships between companies. It helps you find out other directorships of an Indian director and where else he has business interests. The feature is available for unlimited use in Company360 platform. Here is the video showing how you can explore company networks to discover hidden relationships between companies.
About - AVANSE FINANCIAL SERVICES LIMITED Edit

FAQ - AVANSE FINANCIAL SERVICES LIMITED
-
What is the Incorporation date of AVANSE FINANCIAL SERVICES LIMITED?
The Incorporation Date of AVANSE FINANCIAL SERVICES LIMITED is 07 August, 1992.
-
What is the operating revenue of AVANSE FINANCIAL SERVICES LIMITED?
The operating revenue of AVANSE FINANCIAL SERVICES LIMITED is in the range of INR 100 cr - 500 cr for the financial year ending on 31 March, 2018.
-
What is the change in EBITDA of AVANSE FINANCIAL SERVICES LIMITED since last year?
The EBITDA of AVANSE FINANCIAL SERVICES LIMITED has increased by 97.72 % over the previous year. At the same time, it's book networth has increased by 245.80 % for the financial year ending 31 March, 2018.
-
What is the business of AVANSE FINANCIAL SERVICES LIMITED?
The company provides education finance and loans to students pursuing higher studies.
-
Which Products and Services are provided by AVANSE FINANCIAL SERVICES LIMITED?
The products and services offered by AVANSE FINANCIAL SERVICES LIMITED are EDUCATION LOAN, COMMERCIAL FINANCE, SME LOANS.
-
Who are the directors of AVANSE FINANCIAL SERVICES LIMITED?
Avanse Financial Services Limited has six directors - Neeraj Swaroop, Ravi Venkatraman, and others.
Company360 plans

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Financials, scores, ratios, excels, reports and more.
@ INR 9000/quarter
Join our newsletter
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AVANSE FINANCIAL SERVICES LIMITED
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