Advait Energy Transitions Profile
Key Indicators
- Authorised Capital ₹ 11.00 Cr
as on 16-11-2024
- Paid Up Capital ₹ 10.80 Cr
as on 16-11-2024
- Company Age 14 Year, 9 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 236.86 Cr
as on 16-11-2024
- Satisfied Charges ₹ 11.40 Cr
as on 16-11-2024
- Revenue 41.07%
(FY 2023)
- Profit 40.22%
(FY 2023)
- Ebitda 81.11%
(FY 2023)
- Net Worth 23.13%
(FY 2023)
- Total Assets 51.63%
(FY 2023)
About Advait Energy Transitions
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 ₹236.86 Cr. The company has closed loans amounting to ₹11.40 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Advait Energy Transitions Limited India are Deepa Fernandes as COMPANY SECRETARY and Rejal Sheth as Cfo. Sujit Gulati, Pramod Rai, Shalin Sheth, and Five other members serve as directors at the Company.
- 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
Company Details
- Location
Ahmedabad, Gujarat, India
- Telephone
- Email Address
- Website
- Social Media
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.
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 |
| Deepa Fernandes | Company Secretary | 25-Sep-2024 | Current |
| Rejal Sheth | CFO | 01-Aug-2019 | Current |
Board Members(7)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Varsha Adhikari | Director | Current | |
| Sujit Gulati | Director | 30-Aug-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 |
| Ramesh Agrawal | Director | 24-Sep-2021 | Current |
Financial Performance and Corporate Structure Insights of Advait Energy Transitions.
Advait Infratech 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
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What is the Ownership and Shareholding Structure of Advait Energy Transitions?
In 2022, Advait Energy Transitions had a promoter holding of 73.52% and a public holding of 26.48%. The company had 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Axis Bank Limited Creation Date: 21 Aug 2024 | ₹50.00 Cr | Open |
Hdfc Bank Limited Creation Date: 04 Jun 2024 | ₹70.00 Cr | Open |
Others Creation Date: 25 Apr 2024 | ₹1.35 M | Open |
How Many Employees Work at Advait Energy Transitions?
Advait Energy Transitions has a workforce of 6 employees as of Apr 10, 2024. 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.
