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 125.91 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, 2023.
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 t o Hyatt Regency, Andhe ri (East) NA, Mumbai, Mumbai City, Maharashtra.
REGISTERED DETAILS - AVANSE FINANCIAL SERVICES LIMITED
CIN
U67120MH1992PLC068060
Incorporation Date / Age
07 August, 1992 / 32 yrs
Last Reported AGM Date
27 September, 2023
Authorized Capital
INR 20000.0 Lacs
Paidup Capital
INR 12591.1616 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 t
o Hyatt Regency, Andhe ri (East) NA
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, 2023. However, in case, they are not available at MCA because of non-filing or damage, then we will provide the latest financials downloadable from MCA.
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 more than 5 years. The most recently appointed director is Amit Gainda, who was appointed on 02 March, 2022.
Vijayalakshmi Iyer has the largest number of other directorships with a seat at a total of 11 companies. In total, the company is connected to 35 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 | View other directorships |
| RAVI VENKATRAMAN | Director | 05 July, 2021 | View other directorships |
| VIJAYALAKSHMI IYER | Director | 30 July, 2019 | View other directorships |
| SAVITA MAHAJAN | Director | 01 December, 2018 | View other directorships |
| NARENDRA OSTAWAL | Director | 30 July, 2019 | View other directorships |
| AMIT GAINDA | KMP | 01 April, 2017 | No other directorships |
| AMIT GAINDA | Director | 02 March, 2022 | View other directorships |
| VIKRANT VIRENDRA GANDHI | KMP | 21 February, 2024 | No other directorships |
Previous Names
| ABHIVRUDDHI HOLDINGS PRIVATE LIMITED |
| AVANSE FINANCIAL SERVICES PRIVATE LIMITED |
Previous CINs
| U67120MH1992PTC068060 |
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2008 | Maharashtra | 125.37 cr | Buy financial reports |
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2009 | Maharashtra | 130.00 cr | Buy financial reports |
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2005 | Maharashtra | 130.42 cr | Buy financial reports |
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CFM ASSET RECONSTRUCTION PRIVATE LIMITED
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2015 | Gujarat | 131.46 cr | Buy financial reports |
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NAVI MF SPONSOR PRIVATE LIMITED
It was formed in year 2009 in Karnataka . The company currently has a paid up capital of INR 120.22 cr.
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2009 | Karnataka | 120.22 cr | Buy financial reports |
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NJ CAPITAL PRIVATE LIMITED
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|
2009 | Gujarat | 119.40 cr | Buy financial reports |
SUBSIDIARY COMPANIES
No Indian subsidiary companies found.
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