Advait Merchandise Limited

Founded in 2008 and headquartered in Gujarat, India.

2008 | Ahmedabad, Gujarat (India) | Active
Last Updated: December 20, 2023

Advait Merchandise Profile

Key Indicators

  • Authorised Capital ₹ 2.00 M
  • Paid Up Capital ₹ 1.80 M
  • Company Age 16 Year, 11 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 2.50 Cr
  • Satisfied Charges ₹ 20.00 Cr
  • Revenue Growth -60.85%
  • Profit Growth 1.81%
  • Ebitda -1.11%
  • Net Worth -33.21%
  • Total Assets -18.33%

About Advait Merchandise

Advait Merchandise Limited (AML) is a Public Limited Indian Non-Government Company incorporated in India on 13 February 2008 and has a history of 16 years and 11 months. Its registered office is in Ahmedabad, Gujarat, India.

The Corporate was formerly known as Anagram Knowledge Academy Limited. The Company is engaged in the Education & Learing Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 2.00 M and a paid-up capital of Rs 1.80 M.

The company currently has active open charges totaling ₹2.50 Cr. The company has closed loans amounting to ₹20.00 Cr, as per Ministry of Corporate Affairs (MCA) records.

Jayesh Thakkar, Devanshu Desai, and Karishma Patel serve as directors at the Company.

Company Details

  • Location

    Ahmedabad, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U47820GJ2008PLC052901

  • Company No.

    052901

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    13 Feb 2008

  • Date of AGM

    29 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Education & Learing

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

Board Members (3)

NameDesignationAppointment DateStatus
Jayesh Thakkar Country flag representing In Director 13-Feb-2008Current
Devanshu Desai Country flag representing In Director 10-Apr-2019Current
Karishma Patel Country flag representing In Director 18-May-2022Current

Financial Performance of Advait Merchandise.

Advait Merchandise Limited, for the financial year ended 2016, experienced significant reduction in revenue, with a 60.85% decrease. The company also saw a slight improvement in profitability, with a 1.81% increase in profit. The company's net worth observed a substantial decline by a decrease of 33.21%.

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
-60.85%
Revenue from Operations
-67.71%
Total Assets
-18.33%
Profit or Loss
1.81%
Net Worth
-33.21%
EBITDA
-1.11%

What is the Ownership and Shareholding Structure of Advait Merchandise?

In 2017, Advait Merchandise 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

₹25.00 M

Satisfied Charges

₹200.00 M

Charges Breakdown by Lending Institutions

  • Others : 2.50 Cr

Latest Charge Details

DateLenderAmountStatus
29 Mar 2023Others₹2.50 CrOpen
13 Jul 2010State Bank Of India₹10.00 CrSatisfied
05 May 2010State Bank Of India₹10.00 CrSatisfied

How Many Employees Work at Advait Merchandise?

Unlock and access historical data on people associated with Advait Merchandise, 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 Merchandise, 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 Merchandise'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 Merchandise

Recent activity within the organization

  • Annual General Meeting

    Advait Merchandise Limited last Annual general meeting of members was held on 29 Sep 2023 as per latest MCA records.

    29 Sep 2023

  • Balance Sheet

    Advait Merchandise Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ahmedabad.

    31 Mar 2023

  • Charges

    A charge with Others amounted to Rs. 25.00 M with Charge ID 100717868 was registered on 29 Mar 2023.

    29 Mar 2023

  • Director Appointment

    Karishma Hasmukhbhai Patel was appointed as a Director was appointed as a Director on 18 May 2022 & has been associated with this company since 2 years 8 months .

    18 May 2022

  • Director Appointment

    Devanshu Sureshchandra Desai was appointed as a Director was appointed as a Director on 10 Apr 2019 & has been associated with this company since 5 years 9 months .

    10 Apr 2019

  • Charges

    A charge registered on 13 Jul 2010 via Charge ID 10231641 with State Bank Of India was fully satisfied on 01 Jul 2017.

    01 Jul 2017

Frequently asked questions

  • Advait Merchandise Limited was incorporated on 13 Feb 2008.

  • The authorized share capital of Advait Merchandise Limited is ₹ 2.00 M and paid-up capital is ₹ 1.80 M.

  • Currently 3 directors are associated with Advait Merchandise Limited.

    • Jayesh N Thakkar
    • Devanshu Sureshchandra Desai
    • Karishma Hasmukhbhai Patel
  • As per Ministry of Corporate Affairs (Mca), the registered address of Advait Merchandise Limited is Heritage Square Opp. Atlanta Tower, Gulbai Tekra, Ahmedabad, Gujarat, India, 380015.

  • The corporate identification number (CIN) of Advait Merchandise Limited is U47820GJ2008PLC052901 and the company number is 052901 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Advait Merchandise Limited is https://www.knowledgeacademy.in

  • According to the financial reports for the fiscal year 2016, the revenue trend for Advait Merchandise Limited has fallen by -60.85%.

  • The financial reports for the fiscal year 2016 indicates that The net worth of Advait Merchandise Limited has experienced an downturn of -33.21%.

  • As per the financial statements for fiscal Year 2016, The total open charges for Advait Merchandise Limited amount to ₹ 2.50 Cr.

  • The most recent Balance Sheet for Advait Merchandise Limited was filed with the ROC on 31 Mar 2023.

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