Avance Technologies Limited is in focus on July 21 as the stock has surged to its 52-week high and hit the upper circuit limit on July 21, 2025.
Let’s take a closer look at the development that drove investor interest.
Avance Technologies Limited, a listed technology solutions provider on the Bombay Stock Exchange, has signed a non-binding term sheet to acquire www.Excess2Sell.com—a tech-enabled B2B overstock inventory liquidation marketplace.
The agreement marks the company’s intent to explore this acquisition, subject to due diligence and regulatory approvals. While it is not finalised, the move is seen as a significant diversification opportunity, potentially unlocking new areas of growth for Avance Technologies.
Excess2Sell is a scalable platform that connects businesses with surplus inventory to value-conscious buyers. The platform serves manufacturers, wholesalers, and retailers, helping them liquidate overstock efficiently. Product categories range from electronics and fashion to home goods and lifestyle items.
Using smart pricing algorithms and real-time insights, the marketplace aims to optimise recovery values for sellers while providing discounted products for buyers.
Excess2Sell operates via an intuitive web-based and mobile application. Businesses can register, complete their KYC, and instantly access deals across various categories. The platform supports buying, selling, and counter-offers, with features such as real-time pricing tools and smart listing options.
This tech-driven process simplifies inventory management and offers a streamlined approach to handling unsold stock, one of the retail industry’s persistent challenges.
Vijay Purohit, Chief Financial Officer at Avance Technologies, commented, “Building on this vision, the proposed acquisition of Excess2Sell will enable Avance Technologies to integrate its robust technological infrastructure with a proven marketplace model, unlocking new avenues for growth in both B2B and B2C segments.”
Avance Technologies Limited is engaged in the distribution of IT products and offers a broad range of digital services. These include social media marketing, content and SEO strategy, influencer marketing, WhatsApp commerce, AI, cloud services, market research, and more.
The company has also built capabilities in areas such as SMS marketing, software testing, performance marketing, and conversion rate optimisation, showcasing its diverse technology service offerings.
On July 21, 2025, as of 2:23 PM, Avance Technologies share price surged to its 52-week high and hit the upper circuit limit.
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While the acquisition is still at the term sheet stage, the announcement has certainly energised market sentiment. As investors react to this strategic direction, all eyes will remain on how the deal unfolds and what it could mean for Avance Technologies in the longer run.
Disclaimer: This blog has been written exclusively for educational purposes. The securities or companies mentioned are only examples and not recommendations. This does not constitute a personal recommendation or investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
Investments in securities are subject to market risks. Read all related documents carefully before investing.
Published on: Jul 21, 2025, 2:49 PM IST
Team Angel One
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