Advance Commercial Profile
Key Indicators
- Authorised Capital ₹ 3.00 M
as on 09-07-2024
- Paid Up Capital ₹ 1.85 M
as on 09-07-2024
- Company Age 14 Year, 9 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 4.70 Cr
as on 09-07-2024
- Satisfied Charges ₹ 3.20 Cr
as on 09-07-2024
- Revenue -91.42%
(FY 2022)
- Profit 101.16%
(FY 2022)
- Ebitda 47.77%
(FY 2022)
- Net Worth 0.30%
(FY 2022)
- Total Assets -2.69%
(FY 2022)
About Advance Commercial
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 2023. It's a company limited by shares with an authorized capital of Rs 3.00 M and a paid-up capital of Rs 1.85 M.
The company currently has active open charges totaling ₹4.70 Cr. The company has closed loans amounting to ₹3.20 Cr, as per Ministry of Corporate Affairs (MCA) records.
Raakesh Agarwal and Babita Agarwal serve as directors at the Company.
- CIN/LLPIN
U51101WB2010PTC142938
- Company No.
142938
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
04 Mar 2010
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Kolkata
Industry
Company Details
- Location
Kolkata, West Bengal, India
- Telephone
- Email Address
- Website
- Social Media-
Who are the key members and board of directors at Advance Commercial?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Babita Agarwal  | Managing Director | 10-Mar-2010 | Current |
Board Members(1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Raakesh Agarwal | Director | 10-Mar-2010 | Current |
Financial Performance and Corporate Structure Insights of Advance Commercial.
Advance Commercial Private Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 91.42% decrease. The company also saw a substantial improvement in profitability, with a 101.16% increase in profit. The company's net worth moved up by a moderate rise of 0.3%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Advance Commercial?
In 2021, Advance Commercial had a promoter holding of 100.00%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Raghunath Vinimay Private LimitedActive 16 years 4 monthsRaakesh Agarwal and Babita Agarwal are mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Axis Bank Limited Creation Date: 25 Jan 2018 | ₹4.70 Cr | Open |
Others Creation Date: 20 Feb 2015 | ₹3.20 Cr | Satisfied |
How Many Employees Work at Advance Commercial?
Unlock and access historical data on people associated with Advance Commercial, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Advance Commercial, 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 Commercial'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.
