Advance Cable Technologies Profile
Key Indicators
- Authorised Capital ₹ 5.00 Cr
as on 02-07-2024
- Paid Up Capital ₹ 3.50 Cr
as on 02-07-2024
- Company Age 22 Year, 2 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 31.72 Cr
as on 02-07-2024
- Revenue 12.90%
(FY 2022)
- Profit 89.42%
(FY 2022)
- Ebitda 66.80%
(FY 2022)
- Net Worth 32.48%
(FY 2022)
- Total Assets 0.83%
(FY 2022)
About Advance Cable Technologies
The Corporate was formerly known as Parva Financial Services Private Limited. The Company is engaged in the Manufacturing 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 5.00 Cr and a paid-up capital of Rs 3.50 Cr.
The company currently has active open charges totaling ₹31.72 Cr.
Anubha Jain and Shashank Jain serve as directors at the Company.
- CIN/LLPIN
U65999KA2002PTC031116
- Company No.
031116
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
16 Oct 2002
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Bangalore
Industry
Company Details
- Location
Bangalore, Karnataka, India
- Telephone
- Email Address
- Website
- Social Media-
What products or services does Advance Cable Technologies Private Limited offer?
Advance Cable Technologies Private Limited offers a wide range of products and services, including Automobile Electrical Components, Automotive Cables, Electrical Cables & Wires, Industrial Wires, Metal and Alloy Wires, Metal Wire, House Wire, FRLS Wire, Instrumentation Cable, Telecommunication Equipment & Parts.
Who are the key members and board of directors at Advance Cable Technologies?
Board Members(2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Anubha Jain  | Director | 04-Jan-2016 | Current |
| Shashank Jain | Director | 20-Jan-2003 | Current |
Financial Performance and Corporate Structure Insights of Advance Cable Technologies.
Advance Cable Technologies Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 12.9% increase. The company also saw a substantial improvement in profitability, with a 89.42% increase in profit. The company's net worth Soared by an impressive increase of 32.48%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Advance Cable Technologies?
In 2022, Advance Cable Technologies had a promoter holding of 68.00% and a public holding of 32.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Reliance Instrumentation Private LimitedActive 31 years 1 monthAnubha Jain and Shashank Jain are mutual person
- Advance Ev Technologies Private LimitedActive 24 years 9 months
Anubha Jain and Shashank Jain are mutual person
- Advance Power Cable Technologies Private LimitedActive 29 years 8 months
Anubha Jain and Shashank Jain are mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Hdfc Bank Limited Creation Date: 30 Dec 2022 | ₹3.50 M | Open |
State Bank Of India Creation Date: 25 Oct 2008 | ₹31.37 Cr | Open |
How Many Employees Work at Advance Cable Technologies?
Advance Cable Technologies has a workforce of 89 employees as of Apr 08, 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 Advance Cable Technologies, 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 Cable Technologies'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.
