About Avance Technologies Ltd 
Avance Technologies Ltd
Micro Cap
Trading
Avance Technologies Limited was formerly known as VMC Software Limited in 1985 and the Company name was changed to Avance Technologies Limited in March 2003. The Company operates in software related products. It empowers customers to communicate between varied IT back-end systems and mobile phones using SMS Services. It provides a unique, end-to-end, global carrier-grade mobile data service.
Company Coordinates 
Company Details
7 Aidun Building 5 Th Floor, Near Metro New Marine Lines Mumbai Maharashtra : 400002
Registrar Details
Purva Shareregistry (India) Pvt Ltd , Gala No 9, Shiv Shakti, Industrial Estate,Sitaram Mill Comp., J R Boricha Marg, Lower Parel [E], Mumbai
Capital Structure 
Present Equity Capital
INR 198.19 Cr
Number of Shares
198.19 Cr
Face Value
INR 1.0
Date
Number
of Shares(Cr)
of Shares(Cr)
Equity
Capital (Rs Cr)
Capital (Rs Cr)
Shares Added
Face Value (Rs)
Reason
10-Nov-2023
198.19
198.19
1585533944
1
Stock Split
31-Mar-2023
39.64
198.19
198191743
5
Stock Split
24-Apr-2017
19.82
198.19
-1783725687
10
Consolidation of Shares
24-Apr-2017
19.82
198.19
-1783725687
10
Consolidation of Shares
28-Oct-2014
198.19
198.19
1341529930
1
Allotment of Equity To Others
28-Oct-2014
198.19
198.19
1341529930
1
Allotment of Equity To Others
31-Mar-2010
64.04
64.04
400000000
1
Allotment of Equity To Others
31-Mar-2010
64.04
64.04
400000000
1
Allotment of Equity To Others
03-Aug-2009
4.81
4.81
43269750
1
Stock Split
03-Aug-2009
24.04
24.04
192310000
1
Bonus
Shareholding Snapshot
Shareholding Compare (%holding) 
Majority shareholders
Non Institution
Pledged Promoter Holdings
None
Mutual Funds
Held by 0 Schemes
FIIs
Held by 0 FIIs
Promoter with highest holding
Srikrishna B (0.68%)
Highest Public shareholder
Anupam Narain Gupta (2.82%)
Individual Investors Holdings
84.75%
Management
Designation
Remuneration
Srikrishna Bhamidipati
Chairman & Managing Director
0
Vasant Bhoir
Director
0
Akshay Nawale
Independent Director
0
Shakila Ramjansha Makandar
Independent Director
0
Sanjay Devlekar
Independent Director
0
Deepak Mane
Director
0
Sneha Shrivastava
Company Sec. & Compli. Officer
0
Raw Materials Dashboard 
Raw Materials
Amount(Rs Cr)
% of RM Cost
Purchases
3.0244
0%
Purchases
Finished Goods Dashboard 
Finished Goods
Amount(Rs Cr)
% of Sales Turnover
Software and Hardware - Traded
29.22
100.00%
Software and Hardware - Traded
Revenue and Profits:
Net Sales:
32 Cr
(Quarterly Results - Dec 2024)
Net Profit:
2 Cr
Trading
INR 125 Cr (Micro Cap)
14.00
22
0.00%
0.01
2.34%
0.33