Advait Linen Solutions Private Limited

Commercial laundry service for hotels and institutions, specializing in linen and fabric cleaning and repair.

2016 | Pune, Maharashtra (India) | Active
Last Updated: December 02, 2024

Advait Linen Solutions Profile

Key Indicators

  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 1.00 M
  • Company Age 8 Year, 6 Months
  • Last Filing with ROC 31 Mar 2019
  • Open Charges ₹ 9.80 M
  • Revenue Growth 14805.57%
  • Profit Growth -114.62%
  • Ebitda -8.98%
  • Net Worth -245.37%
  • Total Assets 2.52%

About Advait Linen Solutions

Advait Linen Solutions Private Limited (ALSPL) is a Private Limited Indian Non-Government Company incorporated in India on 22 August 2016 (Eight years and six months 4 days old ). Its registered office is in Pune, Maharashtra, India.

The Company is engaged in the Business Services Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2019. It's a company limited by shares with an authorized capital of Rs 1.00 M and a paid-up capital of Rs 1.00 M.

The company currently has active open charges totaling ₹9.80 M.

Sasikala Kumaran, Gautam Patil, Kumarsathiyanarayanan Nair, and One other member serve as directors at the Company.

Company Details

  • Location

    Pune, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U74999PN2016PTC166098

  • Company No.

    166098

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    22 Aug 2016

  • Date of AGM

    30 Sep 2019

  • Date of Balance Sheet

    31 Mar 2019

  • Listing Status

    Unlisted

  • ROC Code

    Roc Pune

Industry

Business Services

Who are the key members and board of directors at Advait Linen Solutions?

Board Members (4)

NameDesignationAppointment DateStatus
Sasikala Kumaran Country flag representing In Director 22-Aug-2016Current
Gautam Patil Country flag representing In Director 22-Aug-2016Current
Kumarsathiyanarayanan Nair Country flag representing In Director 22-Aug-2016Current
Praveen Menon Country flag representing In Director 22-Aug-2016Current

Financial Performance of Advait Linen Solutions.

Advait Linen Solutions Private Limited, for the financial year ended 2019, experienced significant growth in revenue, with a 14805.57% increase. The company also saw a substantial fall in profitability, with a 114.62% decrease in profit. The company's net worth observed a substantial decline by a decrease of 245.37%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
14805.57%
Revenue from Operations
Total Assets
2.52%
Profit or Loss
-114.62%
Net Worth
-245.37%
EBITDA
-8.98%

What is the Ownership and Shareholding Structure of Advait Linen Solutions?

In 2019, Advait Linen Solutions had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹9.80 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Vijaya Bank : 0.98 Cr

Latest Charge Details

DateLenderAmountStatus
31 May 2017Vijaya Bank₹9.80 MOpen

How Many Employees Work at Advait Linen Solutions?

Unlock and access historical data on people associated with Advait Linen Solutions, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Advait Linen Solutions, 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 Linen Solutions's trajectory.

Rating

Graph displaying rating trends over time

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

Alert Indicator

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 Linen Solutions

Recent activity within the organization

  • Annual General Meeting

    Advait Linen Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2019 as per latest MCA records.

    30 Sep 2019

  • Balance Sheet

    Advait Linen Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2019 with Roc Pune.

    31 Mar 2019

  • Charges

    A charge with Vijaya Bank amounted to Rs. 9.80 M with Charge ID 100108560 was registered on 31 May 2017.

    31 May 2017

  • Director Appointment

    Sasikala Saravan Kumaran was appointed as a Director was appointed as a Director on 22 Aug 2016 & has been associated with this company since 8 years 6 months .

    22 Aug 2016

  • Director Appointment

    Gautam Pandurang Patil was appointed as a Director was appointed as a Director on 22 Aug 2016 & has been associated with this company since 8 years 6 months .

    22 Aug 2016

  • Director Appointment

    Kumarsathiyanarayanan Krishnan Nair was appointed as a Director was appointed as a Director on 22 Aug 2016 & has been associated with this company since 8 years 6 months .

    22 Aug 2016

Frequently asked questions

  • Advait Linen Solutions Private Limited was incorporated on 22 Aug 2016.

  • The authorized share capital of Advait Linen Solutions Private Limited is ₹ 1.00 M and paid-up capital is ₹ 1.00 M.

  • Currently 4 directors are associated with Advait Linen Solutions Private Limited.

    • Sasikala Saravan Kumaran
    • Gautam Pandurang Patil
    • Kumarsathiyanarayanan Krishnan Nair
    • Praveen Achudhan Kutty Menon
  • As per Ministry of Corporate Affairs (Mca), the registered address of Advait Linen Solutions Private Limited is Pl-15 Sec-25(Sdc) Shop-12 Krishna Park Sindhu Nagar, Nigdi-Pradhikaran India, Pune, Maharashtra, 411044.

  • The corporate identification number (CIN) of Advait Linen Solutions Private Limited is U74999PN2016PTC166098 and the company number is 166098 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2019, the revenue trend for Advait Linen Solutions Private Limited has risen by 14805.57%.

  • The financial reports for the fiscal year 2019 indicates that The net worth of Advait Linen Solutions Private Limited has experienced an downturn of -245.37%.

  • As per the financial statements for fiscal Year 2019, The total open charges for Advait Linen Solutions Private Limited amount to ₹ 9.80 M.

  • The most recent Balance Sheet for Advait Linen Solutions Private Limited was filed with the ROC on 31 Mar 2019.

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