Advance Castings Profile
Key Indicators
- Authorised Capital ₹ 1.20 Cr
- Paid Up Capital ₹ 1.00 Cr
- Company Age 11 Year, 5 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 5.00 Cr
- Satisfied Charges ₹ 4.14 Cr
- Revenue Growth 44.27%
- Profit Growth 40.68%
- Ebitda 9.18%
- Net Worth 37.91%
- Total Assets 1.54%
About Advance Castings
Advance Castings Private Limited (ACPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 14 August 2013 and has a history of 11 years and five months. Its registered office is in Kolhapur, Maharashtra, India.
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.
Company Details
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Location
Kolhapur, Maharashtra, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media-
Corporate Identity Details
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CIN/LLPIN
U29253PN2013PTC148447
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Company No.
148447
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
14 Aug 2013
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Date of AGM
30 Sep 2024
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Date of Balance Sheet
31 Mar 2024
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Listing Status
Unlisted
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ROC Code
Roc Pune
Industry
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 |
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Mahesh Torgalkar
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Director | 14-Aug-2013 | Current |
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Rajesh Patel
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Director | 10-May-2018 | Current |
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Arvind Patel
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Director | 04-Jul-2022 | Current |
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Prabha Patel
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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%.
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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)
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Karmyog Machining LlpKalpeshkumar Patel and Rajesh Patel are mutual person
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Advance Metacraft Llp
Kalpeshkumar Patel and Rajesh Patel are mutual person
Charges (Loans)
₹5.00 Cr
₹4.14 Cr
Charges Breakdown by Lending Institutions
- Hdfc Bank Limited : 5.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 27 Dec 2018 | Hdfc Bank Limited | ₹5.00 Cr | Open |
| 30 Mar 2015 | Others | ₹1.30 Cr | Satisfied |
| 14 Mar 2015 | Rajarambapu Sahakari Bank Ltd | ₹2.25 Cr | Satisfied |
| 13 Mar 2015 | Rajarambapu Sahakari Bank Ltd | ₹5.90 M | 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.
