Advac Profile
Key Indicators
- Authorised Capital ₹ 2.50 M
- Paid Up Capital ₹ 1.65 M
- Company Age 33 Year, 10 Months
- Last Filing with ROC 31 Mar 2020
- Open Charges ₹ 2.27 Cr
- Revenue Growth -78.19%
- Profit Growth -3303.05%
- Ebitda -277.82%
- Net Worth -465.79%
- Total Assets -19.58%
About Advac
Advac Private Limited (APL) is a Private Limited Indian Non-Government Company incorporated in India on 05 April 1991 and has a history of 33 years and ten months. Its registered office is in Delhi, India.
The Corporate was formerly known as Rahul Fuels Private Limited. The Company is engaged in the Transport And Logistics Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2020. It's a company limited by shares with an authorized capital of Rs 2.50 M and a paid-up capital of Rs 1.65 M.
The company currently has active open charges totaling ₹2.27 Cr.
Abhash Jain, Sudhir Agarwal, and Balwant Singh serve as directors at the Company.
Company Details
- Location
Delhi, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
-
- Social Media -
Corporate Identity Details
- CIN/LLPIN
U60200DL1991PTC043813
- Company No.
043813
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
05 Apr 1991
- Date of AGM
31 Dec 2020
- Date of Balance Sheet
31 Mar 2020
- Listing Status
Unlisted
- ROC Code
Roc Delhi
Industry
Who are the key members and board of directors at Advac?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Abhash Jain  | Managing Director | 20-Feb-2015 | Current |
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Sudhir Agarwal | Director | 14-May-2011 | Current |
| Balwant Singh | Additional Director | 01-Aug-2022 | Current |
Financial Performance of Advac.
Advac Private Limited, for the financial year ended 2020, experienced significant reduction in revenue, with a 78.19% decrease. The company also saw a substantial fall in profitability, with a 3303.05% decrease in profit. The company's net worth observed a substantial decline by a decrease of 465.79%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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What is the Ownership and Shareholding Structure of Advac?
In 2020, Advac had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Katihar Flour Mills Pvt LtdAbhash Jain is a mutual person
- Advac Projects Private Limited
Abhash Jain is a mutual person
- South West Drilling And Infrastructure Limited
Sudhir Agarwal is a mutual person
Charges (Loans)
₹22.73 M
₹0
Charges Breakdown by Lending Institutions
- Srei Equipment Finance Private Limited : 1.36 Cr
- L & T Finance Limited : 0.44 Cr
- Axis Bank Limited : 0.39 Cr
- Others : 0.08 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 28 Aug 2020 | Others | ₹0.83 M | Open |
| 29 Nov 2019 | Axis Bank Limited | ₹3.93 M | Open |
| 22 Jul 2012 | Srei Equipment Finance Private Limited | ₹2.68 M | Open |
| 29 Feb 2012 | L & T Finance Limited | ₹4.40 M | Open |
| 15 Feb 2012 | Srei Equipment Finance Private Limited | ₹2.80 M | Open |
How Many Employees Work at Advac?
Unlock and access historical data on people associated with Advac, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Advac, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Advac's trajectory.
Rating
Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.
Alerts
Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.
