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Avanse Financial Services Limited Location T. Score Charges People Network Registered Details
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AVANSE FINANCIAL SERVICES LIMITED

www.avanse.com
Active
Updated: 20 Oct 2024

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, 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 revenue range is Over INR 500 cr for the financial year ending on 31 March, 2024. It's EBITDA has increased by 77.07% over the previous year. At the same time, it's book networth has increased by 71.02%.

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Industry

Finance
Products
  • SME LOANS, EDUCATION LOAN, COMMERCIAL FINANCE
Key Metrics

** All rupee values in INR crores. Based on March 2024 numbers.

Sales
74.32%
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EBITDA
77.07%
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Net Profit
117.18%
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Networth
71.02%
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Borrowings
47.27%
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Assets
47.38%
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Gross Margin
-
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Operating Margin
1.22
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Net Profit Margin
3.89
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Return on Equity
1.98
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ROCE
-9.06
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Debt to Equity
-0.44
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Sales
Mar 2024
Net worth
Mar 2024

Locations

indian flag India (1)
State Type Address

location icon Locations on Map

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Tofler Score

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Poor
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Excellent

Risk

Severe Risk
  • No risks identified
Moderate Risk
  • No risks identified
Low Risk
  • No risks identified
About Tofler Score
Tofler Score measures the quality of performance and integrity of a company. It is dependent on three key factors - Sustainability, Governance, and Growth.

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Financial Highlights

** All numbers in INR crores
Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
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Net profit GET PRO GET PRO GET PRO GET PRO GET PRO
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Networth
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Assets GET PRO GET PRO GET PRO GET PRO GET PRO
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Current ratio GET PRO GET PRO GET PRO GET PRO GET PRO
ROE GET PRO GET PRO GET PRO GET PRO GET PRO
Days payable GET PRO GET PRO GET PRO GET PRO GET PRO
WC days GET PRO GET PRO GET PRO GET PRO GET PRO
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Margins

Gross margin
Operating margin
Net margin

Balance Sheet

%
** All numbers in INR crores
Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
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Reserves GET PRO GET PRO GET PRO GET PRO GET PRO
Borrowings + GET PRO GET PRO GET PRO GET PRO GET PRO
Long term borrowings GET PRO GET PRO GET PRO GET PRO GET PRO
Short term borrowings GET PRO GET PRO GET PRO GET PRO GET PRO
Trade payables + GET PRO GET PRO GET PRO GET PRO GET PRO
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Other liabilities + GET PRO GET PRO GET PRO GET PRO GET PRO
Other non-current liabilities GET PRO GET PRO GET PRO GET PRO GET PRO
Other current liabilities GET PRO GET PRO GET PRO GET PRO GET PRO
Total liabilities GET PRO GET PRO GET PRO GET PRO GET PRO
Fixed Assets + GET PRO GET PRO GET PRO GET PRO GET PRO
Tangible assets GET PRO GET PRO GET PRO GET PRO GET PRO
CWIP GET PRO GET PRO GET PRO GET PRO GET PRO
Intangible assets GET PRO GET PRO GET PRO GET PRO GET PRO
LT loans and advances GET PRO GET PRO GET PRO GET PRO GET PRO
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ST loans and advances GET PRO GET PRO GET PRO GET PRO GET PRO
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Total assets GET PRO GET PRO GET PRO GET PRO GET PRO
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Total assets

Profit & Loss

%
** All numbers in INR crores
Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
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Net margin % GET PRO GET PRO GET PRO GET PRO GET PRO
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Revenue from operations

Ratios

Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Solvency +
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Performance
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Return +
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Efficiency +
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Working Capital
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Ratios

Current ratio
Debt/equity ratio

Charges on assets

Bank wise
Charges
1

Catalyst Trusteeship Limited

No. of Loans: 16

Total Amount : 15,496.8 cr

2

No. of Loans: 2

Total Amount : 325.0 cr

3

Bajaj Finance Limited

No. of Loans: 1

Total Amount : 50.0 cr

4

GDA Trusteeship Limited

No. of Loans: 1

Total Amount : 50.0 cr

5

National Skill Development Corporation

No. of Loans: 1

Total Amount : 9.9 cr

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Charges

Catalyst Trusteeship Limited
Bajaj Finance Limited
GDA Trusteeship Limited
Others

People

Designation Name DIN/PAN Tenure
CS Rajesh Pravinkumar Gandhi <HIDDEN> 2 years
Director Neeraj Swaroop 00061170 5 years
Director Sunish Sharma 00274432 0 years
Director Ravi Venkatraman 00307328 3 years
Director Vijayalakshmi Iyer 05242960 5 years
Director Savita Mahajan 06492679 6 years
Director Narendra Ostawal 06530414 5 years
Director Hemant Omprakash Mundra 08192978 0 years
Kmp Amit Gainda <HIDDEN> 8 years
Managing Director Amit Gainda
Shareholder
09494847 3 years
Kmp Vikrant Virendra Gandhi <HIDDEN> 1 years
Director Luca Molinari 10615114 0 years

Company Network

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Name Status Paid up Capital Common Directors Address
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NISH CAPITAL ADVISORY SERVICES LLP
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NISH CAPITAL GROWTH ADVISORS LLP
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KEDAARA CAPITAL FUND SERVICES LLP
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1.0 L 1 Maharashtra
NISH CAPITAL INVESTMENT ADVISORS LLP
Active
1.0 L 1 Gujarat
KEDAARA CAPITAL GROWTH FUND III LLP
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CARE HEALTH INSURANCE LIMITED
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KEDAARA CAPITAL ADVISORS LLP
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KEDAARA CAPITAL FUND III LLP
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Amalgamated
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BAJAJ FINSERV MUTUAL FUND TRUSTEE LIMITED
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10.0 L 1 Maharashtra
ESAF SMALL FINANCE BANK LIMITED
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ADITYA BIRLA ARC LIMITED
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ZURICH KOTAK GENERAL INSURANCE COMPANY (INDIA) LIMITED
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BFSI SECTOR SKILL COUNCIL OF INDIA
Active
2.0 Cr 1 Maharashtra
COMPUTER AGE MANAGEMENT SERVICES LIMITED
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AXIS MUTUAL FUND TRUSTEE LIMITED
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GAWAR INVESTMENT MANAGER PRIVATE LIMITED
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ICICI SECURITIES LIMITED
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GLENMARK PHARMACEUTICALS LIMITED
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ADITYA BIRLA CAPITAL LIMITED
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CG POWER AND INDUSTRIAL SOLUTIONS LIMITED
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AUROBINDO PHARMA LTD
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58.1 Cr 1 Telangana
BHAGIRATH RESURGENCE PRIVATE LIMITED
Active
1.0 L 1 Delhi
INDIA SHELTER FINANCE CORPORATION LIMITED
Active
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GEMINI EDIBLES & FATS INDIA LIMITED
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CAPITAL FIRST LIMITED
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INDIAFIRST LIFE INSURANCE COMPANY LIMITED
Active
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HOME FIRST FINANCE COMPANY INDIA LIMITED
Active
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NNA CRE PROPERTIES LLP
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15.0 Cr 1 Maharashtra
VISTAAR FINANCIAL SERVICES PRIVATE LIMITED
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FUSION FINANCE LIMITED
Active
101.0 Cr 1 Delhi
MICRO LIFE SCIENCES PRIVATE LIMITED
Active
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WARBURG PINCUS INDIA PRIVATE LIMITED
Active
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PARKSONS PACKAGING LIMITED
Active
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TERRA ONE PACKAGING PRIVATE LIMITED
Active
50.0 L 1 Maharashtra
MANOHAR PACKAGINGS PRIVATE LIMITED
Amalgamated
24.0 L 1 Maharashtra
M K PRINTPACK PRIVATE LIMITED
Active
2.2 Cr 1 Maharashtra
AVANSE GLOBAL FINANCE IFSC PRIVATE LIMITED
Active
1.0 L 1 Gujarat

Subsidiary Companies

Name State / Country Incorporation Year Paidup Capital
AVANSE GLOBAL FINANCE IFSC PRIVATE LIMITED Gujarat 2023 ₹ 1.0 L

Registered Details

CIN

U67120MH1992PLC068060

PAN

AAACA4267A

Incorporation

1992, 32.3 years

Company Email

companysecretary@avanse.com

Paid up Capital

₹ 125.9 Cr

Authorised Capital

₹ 200.0 Cr

AGM

31 Jun 2024

Type

Public
Non-government Company

Last Balance Sheet Date
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Mar 2024 Updated on : 20 Oct 2024
* There is the date provided by MCA, but availability for this year is not guaranteed.

FAQ - AVANSE FINANCIAL SERVICES LIMITED

What is the incorporation date of AVANSE FINANCIAL SERVICES LIMITED?

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The incorporation date of AVANSE FINANCIAL SERVICES LIMITED is 07 August, 1992

What is the authorized share capital of AVANSE FINANCIAL SERVICES LIMITED?

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The authorized share capital of AVANSE FINANCIAL SERVICES LIMITED is INR ₹ 200.0 Cr.

What is the paid-up capital of AVANSE FINANCIAL SERVICES LIMITED?

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The paid-up capital of AVANSE FINANCIAL SERVICES LIMITED is INR ₹ 125.9 Cr.

What is the registered address of AVANSE FINANCIAL SERVICES LIMITED?

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The registered address of AVANSE FINANCIAL SERVICES LIMITED is 4th Floor, E-Wing, Times Square, Andheri-Kurla Road Gamdevi, Marol, Andheri East Marol Naka Mumbai Mumbai Maharashtra - 400059

What is the CIN number of AVANSE FINANCIAL SERVICES LIMITED?

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The CIN number of AVANSE FINANCIAL SERVICES LIMITED is U67120MH1992PLC068060.

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