Advance Business Enterprises Limited

Founded in 1998 and headquartered in Delhi, India.

1998 | Delhi (India) | Active
Last Updated: January 13, 2025

Advance Business Enterprises Profile

Key Indicators

  • Authorised Capital ₹ 2.50 M
  • Paid Up Capital ₹ 2.50 M
  • Company Age 26 Year, 5 Months
  • Last Filing with ROC 31 Mar 2015
  • Open Charges ₹ 4.63 M
  • Satisfied Charges ₹ 6.95 Cr

About Advance Business Enterprises

Advance Business Enterprises Limited (ABEL) is a Public Limited Indian Non-Government Company incorporated in India on 10 August 1998 and has a history of 26 years and five months. Its registered office is in Delhi, India.

The Company is engaged in the Home & Lifestyle Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2015. It's a company limited by shares with an authorized capital of Rs 2.50 M and a paid-up capital of Rs 2.50 M.

The company currently has active open charges totaling ₹4.63 M. The company has closed loans amounting to ₹6.95 Cr, as per Ministry of Corporate Affairs (MCA) records.

Ashok Mahindru, Ashutosh Mahindru, and Vir Pal serve as directors at the Company.

Company Details

  • Location

    Delhi, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U74899DL1998PLC095462

  • Company No.

    095462

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    10 Aug 1998

  • Date of AGM

    22 Sep 2015

  • Date of Balance Sheet

    31 Mar 2015

  • Listing Status

    Unlisted

  • ROC Code

    Roc Delhi

Industry

Home & Lifestyle

Who are the key members and board of directors at Advance Business Enterprises?

Board Members (3)

Name Designation Appointment Date Status
Ashutosh Mahindru Country flag representing In Director 27-Jun-2017 Current
Ashok Mahindru Country flag representing In Director 27-Jun-2017 Current
Vir Pal Country flag representing In Director 15-Sep-2018 Current

Financial Performance of Advance Business Enterprises.

Enhance accessibility to Advance Business Enterprises's financial data by unlocking access to both Standalone and Consolidated balance sheets, Profit & Loss Statements, Ratios, Related Party Transactions, and additional relevant information.

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
Revenue from Operations
Total Assets
Profit or Loss
Net Worth
EBITDA

What is the Ownership and Shareholding Structure of Advance Business Enterprises?

In 2015, Advance Business Enterprises 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

₹4.63 M

Satisfied Charges

₹69.52 M

Charges Breakdown by Lending Institutions

  • Others : 0.46 Cr

Latest Charge Details

Date Lender Amount Status
18 May 2016 Others ₹4.63 M Open
22 May 2015 Indiabulls Housing Finance Limited ₹2.84 Cr Satisfied
27 Aug 2012 Indiabulls Financial Services Limited ₹2.26 Cr Satisfied
29 Dec 2009 Bajaj Auto Finance Ltd ₹1.86 Cr Satisfied

How Many Employees Work at Advance Business Enterprises?

Unlock and access historical data on people associated with Advance Business Enterprises, 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 Advance Business Enterprises, 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 Advance Business Enterprises's trajectory.

Rating

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Alerts

Alert Indicator

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Latest Updates, News, and FAQs on Advance Business Enterprises

Recent activity within the organization

  • Director Appointment

    Vir Pal was appointed as a Director was appointed as a Director on 15 Sep 2018 & has been associated with this company since 6 years 4 months .

    15 Sep 2018

  • Director Appointment

    Ashok Mahindru was appointed as a Director was appointed as a Director on 27 Jun 2017 & has been associated with this company since 7 years 7 months .

    27 Jun 2017

  • Director Appointment

    Ashutosh Mahindru was appointed as a Director was appointed as a Director on 27 Jun 2017 & has been associated with this company since 7 years 7 months .

    27 Jun 2017

  • Charges

    A charge with Others amounted to Rs. 4.63 M with Charge ID 100070220 was registered on 18 May 2016.

    18 May 2016

  • Charges

    A charge registered on 22 May 2015 via Charge ID 10571593 with Indiabulls Housing Finance Limited was fully satisfied on 27 Feb 2016.

    27 Feb 2016

  • Charges

    A charge registered on 27 Aug 2012 via Charge ID 10381782 with Indiabulls Financial Services Limited was fully satisfied on 27 Feb 2016.

    27 Feb 2016

Frequently asked questions

  • Advance Business Enterprises Limited was incorporated on 10 Aug 1998.

  • The authorized share capital of Advance Business Enterprises Limited is ₹ 2.50 M and paid-up capital is ₹ 2.50 M.

  • Currently 3 directors are associated with Advance Business Enterprises Limited.

    • Ashok Mahindru
    • Ashutosh Mahindru
    • Vir Pal
  • As per Ministry of Corporate Affairs (Mca), the registered address of Advance Business Enterprises Limited is 511/2/1, Village Rajokari India, New Delhi, 110038.

  • The corporate identification number (CIN) of Advance Business Enterprises Limited is U74899DL1998PLC095462 and the company number is 095462 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Advance Business Enterprises Limited is https://www.advancegroup.biz

  • As per the financial statements for fiscal Year 0, The total open charges for Advance Business Enterprises Limited amount to ₹ 4.63 M.

  • The most recent Balance Sheet for Advance Business Enterprises Limited was filed with the ROC on 31 Mar 2015.

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