Advance Castings Profile
Key Indicators
- Authorised Capital ₹ 1.20 Cr
as on 24-12-2024
- Paid Up Capital ₹ 1.00 Cr
as on 24-12-2024
- Company Age 11 Year, 4 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 5.00 Cr
as on 24-12-2024
- Satisfied Charges ₹ 4.14 Cr
as on 24-12-2024
- Revenue 44.27%
(FY 2022)
- Profit 40.68%
(FY 2022)
- Ebitda 9.18%
(FY 2022)
- Net Worth 37.91%
(FY 2022)
- Total Assets 1.54%
(FY 2022)
About Advance Castings
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 2024. It's a company limited by shares with an authorized capital of Rs 1.20 Cr and a paid-up capital of Rs 1.00 Cr.
The company currently has active open charges totaling ₹5.00 Cr. The company has closed loans amounting to ₹4.14 Cr, as per Ministry of Corporate Affairs (MCA) records.
Kalpeshkumar Patel, Mahesh Torgalkar, Rajesh Patel, and Two other members serve as directors at the Company.
- CIN/LLPIN
U29253PN2013PTC148447
- Company No.
148447
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
14 Aug 2013
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Pune
Industry
Company Details
- Location
Kolhapur, Maharashtra, India
- Telephone
- Email Address
- Website
- Social Media-
Who are the key members and board of directors at Advance Castings?
Board Members(5)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Kalpeshkumar Patel  | Director | 14-Aug-2013 | Current |
| Mahesh Torgalkar | Director | 14-Aug-2013 | Current |
| Rajesh Patel | Director | 10-May-2018 | Current |
| Arvind Patel | Director | 04-Jul-2022 | Current |
| Prabha Patel | Director | 04-Jul-2022 | Current |
Financial Performance of Advance Castings.
Advance Castings Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 44.27% increase. The company also saw a substantial improvement in profitability, with a 40.68% increase in profit. The company's net worth Soared by an impressive increase of 37.91%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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What is the Ownership and Shareholding Structure of Advance Castings?
In 2020, Advance Castings had a promoter holding of 32.50% and a public holding of 67.50%. 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 |
|---|---|---|
Hdfc Bank Limited Creation Date: 27 Dec 2018 | ₹5.00 Cr | Open |
Others Creation Date: 30 Mar 2015 | ₹1.30 Cr | Satisfied |
Rajarambapu Sahakari Bank Ltd Creation Date: 14 Mar 2015 | ₹2.25 Cr | Satisfied |
How Many Employees Work at Advance Castings?
Advance Castings has a workforce of 3 employees as of Apr 07, 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 Castings, 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 Castings'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.
