Advait Energy Transitions Profile
Key Indicators
- Authorised Capital ₹ 11.00 Cr
- Paid Up Capital ₹ 10.80 Cr
- Company Age 15 Year, 30 Days
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 221.75 Cr
- Satisfied Charges ₹ 33.60 Cr
- Revenue Growth 41.07%
- Profit Growth 40.22%
- Ebitda 81.11%
- Net Worth 23.13%
- Total Assets 51.63%
About Advait Energy Transitions
Advait Energy Transitions Limited (AETL) is a leading Public Limited Indian Non-Government Company incorporated in India on 15 March 2010 and has a history of 15 years. Its registered office is in Ahmedabad, Gujarat, India.
It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 543230.
The Corporate was formerly known as Advait Infratech Private Limited. The Company is engaged in the Environment Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 11.00 Cr and a paid-up capital of Rs 10.80 Cr.
The company currently has active open charges totaling ₹221.75 Cr. The company has closed loans amounting to ₹33.60 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Advait Energy Transitions Limited India are Rejal Sheth as CFO and Deepa Fernandes as Company Secretary. Sujit Gulati, Pramod Rai, Shalin Sheth, and Five other members serve as directors at the Company.
Company Details
- Location
Ahmedabad, Gujarat, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
L45201GJ2010PLC059878
- Company No.
059878
- Stock Symbol
BSE : 543230
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
15 Mar 2010
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Listed
- ROC Code
Roc Ahmedabad
Industry
Environment
Telecom
What products or services does Advait Energy Transitions Limited offer?
Advait Energy Transitions Limited offers a wide range of products and services, including Cranes, Forklift & Lifting Machines, Pulleys, Lighting Poles, Aluminum Poles, Chain and Pully Blocks, Pulley Sheaves, Engineering and Shipping Ropes, Wire Ropes, Clamps, Come Along Clamps.
Advait Energy Transitions Limited
Explore comprehensive data for Advait Energy Transitions Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Advait Energy Transitions?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Shalin Sheth  | Managing Director | 15-Mar-2010 | Current |
| Rejal Sheth | CFO | 01-Aug-2019 | Current |
| Deepa Fernandes | Company Secretary | 25-Sep-2024 | Current |
Board Members (7)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Varsha Adhikari | Director | 09-Nov-2023 | Current |
| Sujit Gulati | Director | 31-Jul-2024 | Current |
| Pramod Rai | Director | 28-May-2022 | Current |
| Rejal Sheth | Whole-Time Director and Cfo | 15-Mar-2010 | Current |
| Dinesh Patel | Director | 07-Sep-2019 | Current |
| Bajrangprasad Maheshwari | Director | 01-Aug-2019 | Current |
Financial Performance of Advait Energy Transitions.
Advait Energy Transitions Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 41.07% increase. The company also saw a substantial improvement in profitability, with a 40.22% increase in profit. The company's net worth Soared by an impressive increase of 23.13%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Advait Energy Transitions?
In 2024, Advait Energy Transitions had a promoter holding of 73.53% and a public holding of 26.48%. The company had 1 Subsidiary and 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Rajesh Power Services LimitedSujit Gulati is a mutual person
Armee Infotech LimitedSujit Gulati is a mutual person
Pacific Pipe Systems Private LimitedRamesh Agrawal is a mutual person
Mangalam Worldwide LimitedVarsha Adhikari is a mutual person
Diamond Power Infrastructure LimitedVarsha Adhikari is a mutual person
Gokul Agro Resources LimitedSujit Gulati is a mutual person
Charges (Loans)
Open Charges
₹221.75 Cr
Satisfied Charges
₹33.60 Cr
Charges Breakdown by Lending Institutions
- Hdfc Bank Limited : 70.00 Cr
- State Bank Of India : 59.04 Cr
- Axis Bank Limited : 50.09 Cr
- Others : 26.62 Cr
- Yes Bank Limited : 16.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 26 Nov 2024 | Others | ₹7.00 Cr | Open |
| 28 Oct 2024 | Axis Bank Limited | ₹0.92 M | Open |
| 21 Aug 2024 | Axis Bank Limited | ₹50.00 Cr | Open |
| 04 Jun 2024 | Hdfc Bank Limited | ₹70.00 Cr | Open |
| 25 Apr 2024 | Others | ₹1.35 M | Open |
How Many Employees Work at Advait Energy Transitions?
Advait Energy Transitions has a workforce of 10 employees as of Jan 30, 2025. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Advait Energy Transitions, 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 Advait Energy Transitions'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.
Latest Updates, News, and FAQs on Advait Energy Transitions
Recent activity within the organization
- Charges
A charge with Hdfc Bank Limited of Rs. 70.00 Cr registered on 04 Jun 2024 with Charge ID 100939474 was modified on 06 Dec 2024.
- Charges
A charge with Others amounted to Rs. 7.00 Cr with Charge ID 101009626 was registered on 26 Nov 2024.
- Charges
A charge registered on 21 Sep 2022 via Charge ID 100653000 with Others was fully satisfied on 08 Nov 2024.
- Charges
A charge with Axis Bank Limited amounted to Rs. 0.09 Cr with Charge ID 101005717 was registered on 28 Oct 2024.
- Annual General Meeting
Advait Energy Transitions Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Charges
A charge registered on 05 Aug 2023 via Charge ID 100765597 with Others was fully satisfied on 25 Sep 2024.
Recent News, Updates & Announcement
- "AIL and GuoFu Join Forces to Revolutionize Hydrogen Energy #PartnershipGoals #HydrogenPower #InnovativeCollaboration".
AIL and GuoFu Hydrogen Energy Equipment are now BFFs thanks to their MOU. They're gonna work together to make some cool stuff happen. #partnershipgoals #hydrogenpower #excitingtimes.
- Advait Infratech Limited Announces Independent Auditor's Report on Standalone Financial Results for the Financial Year 2023.
Advait Infratech Limited, a leading company in product solutions for Indian power and telecom infrastructure projects, today announced the r....
- Advait Infratech Inks MoU with Reputed Research Institute SPRERI.
Advait Infratech, a leading Indian power and telecom infrastructure company, has recently signed a memorandum of understanding with Sardar P....
- Advait Infratech Limited in Gujarat Signs MOU - Achieving #EnergyGoals!.
When you finally get that MOU signed with Advait Infratech Limited in Gujarat. #winning #energygoals.
Frequently asked questions
What is the Incorporation or founding date of Advait Energy Transitions Limited?
Advait Energy Transitions Limited was incorporated on 15 Mar 2010.
What is authorized share capital and paid-up capital of Advait Energy Transitions Limited?
The authorized share capital of Advait Energy Transitions Limited is ₹ 11.00 Cr and paid-up capital is ₹ 10.80 Cr.
Who are the current board members & directors of Advait Energy Transitions Limited?
Currently 10 directors are associated with Advait Energy Transitions Limited.
- Sujit Gulati
- Pramod Kumar Rai
- Shalin Rahulkumar Sheth
- Rejal Shalin Sheth
- Dinesh Babulal Patel
- Bajrangprasad Naharmal Maheshwari
- Varsha Biswajit Adhikari
- Ramesh Kumar Agrawal
- Rejal Shalin Sheth
- Deepa Fidence Fernandes
What is the registered address of Advait Energy Transitions Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Advait Energy Transitions Limited is Kifs Corporate House 1St Floor Iskcon Ambli Road Beside Hotel Planet Landmark Near Ashok Vatika India, Daskroi, Gujarat, 380058.
What is the corporate identification number (CIN) and company number of Advait Energy Transitions Limited?
The corporate identification number (CIN) of Advait Energy Transitions Limited is L45201GJ2010PLC059878 and the company number is 059878 as per Ministry of Corporate Affairs (MCA).
Is Advait Energy Transitions Limited registered with any stock exchange in India?
Yes, Advait Energy Transitions Limited is registered on Bombay Stock Exchange (BSE).
What is the official website of Advait Energy Transitions Limited?
The Official website of Advait Energy Transitions Limited is https://www.advaitinfra.com
What has been the recent revenue trend for Advait Energy Transitions Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Advait Energy Transitions Limited has risen by 41.07%.
How many employees does Advait Energy Transitions Limited currently have?
As Per 2023 financial reports, 10 employees are currently employed by Advait Energy Transitions Limited.
What change has been observed in the net worth of Advait Energy Transitions Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Advait Energy Transitions Limited has experienced an upsurge of 23.13%.
What are the total open charges for Advait Energy Transitions Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Advait Energy Transitions Limited amount to ₹ 221.75 Cr.
When was the last Balance Sheet of Advait Energy Transitions Limited filed with the ROC?
The most recent Balance Sheet for Advait Energy Transitions Limited was filed with the ROC on 31 Mar 2024.
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