Advance Castings Profile
Key Indicators
- Authorised Capital ₹ 1.20 Cr
- Paid Up Capital ₹ 1.00 Cr
- Company Age 11 Year, 6 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 six 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
- Location
Kolhapur, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- 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
Manufacturing
Advance Castings Private Limited
Explore comprehensive data for Advance Castings Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
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
- Ratios
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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)
Karmyog Machining LlpKalpeshkumar Patel and Rajesh Patel are mutual person
- Advance Metacraft Llp
Kalpeshkumar Patel and Rajesh Patel are mutual person
Charges (Loans)
Open Charges
₹5.00 Cr
Satisfied Charges
₹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.
Latest Updates, News, and FAQs on Advance Castings
Recent activity within the organization
- Annual General Meeting
Advance Castings Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Balance Sheet
Advance Castings Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Pune.
- Charges
A charge with Hdfc Bank Limited of Rs. 5.00 Cr registered on 27 Dec 2018 with Charge ID 100229960 was modified on 30 Dec 2023.
- Director Appointment
Arvind Parbat Patel was appointed as a Director was appointed as a Director on 04 Jul 2022 & has been associated with this company since 2 years 8 months .
- Director Appointment
Prabha Arvind Patel was appointed as a Director was appointed as a Director on 04 Jul 2022 & has been associated with this company since 2 years 8 months .
- Charges
A charge with Hdfc Bank Limited amounted to Rs. 5.00 Cr with Charge ID 100229960 was registered on 27 Dec 2018.
Frequently asked questions
What is the Incorporation or founding date of Advance Castings Private Limited?
Advance Castings Private Limited was incorporated on 14 Aug 2013.
What is authorized share capital and paid-up capital of Advance Castings Private Limited?
The authorized share capital of Advance Castings Private Limited is ₹ 1.20 Cr and paid-up capital is ₹ 1.00 Cr.
Who are the current board members & directors of Advance Castings Private Limited?
Currently 5 directors are associated with Advance Castings Private Limited.
- Kalpeshkumar Hansrajbhai Patel
- Mahesh Shripad Torgalkar
- Rajesh Devjibhai Patel
- Arvind Parbat Patel
- Prabha Arvind Patel
What is the registered address of Advance Castings Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Advance Castings Private Limited is Gat No.533 Near Gokul Shirgaon Midc Tamgaon, Taluka Karveer India, Kolhapur, Maharashtra, 416234.
What is the corporate identification number (CIN) and company number of Advance Castings Private Limited?
The corporate identification number (CIN) of Advance Castings Private Limited is U29253PN2013PTC148447 and the company number is 148447 as per Ministry of Corporate Affairs (MCA).
What is the official website of Advance Castings Private Limited?
The Official website of Advance Castings Private Limited is https://www.advancecastings.com
What has been the recent revenue trend for Advance Castings Private Limited?
According to the financial reports for the fiscal year 2022, the revenue trend for Advance Castings Private Limited has risen by 44.27%.
How many employees does Advance Castings Private Limited currently have?
As Per 2022 financial reports, 3 employees are currently employed by Advance Castings Private Limited.
What change has been observed in the net worth of Advance Castings Private Limited, and by what percentage?
The financial reports for the fiscal year 2022 indicates that The net worth of Advance Castings Private Limited has experienced an upsurge of 37.91%.
What are the total open charges for Advance Castings Private Limited?
As per the financial statements for fiscal Year 2022, The total open charges for Advance Castings Private Limited amount to ₹ 5.00 Cr.
When was the last Balance Sheet of Advance Castings Private Limited filed with the ROC?
The most recent Balance Sheet for Advance Castings Private Limited was filed with the ROC on 31 Mar 2024.
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