Advance Commercial Profile
Key Indicators
- Authorised Capital ₹ 3.00 M
- Paid Up Capital ₹ 1.85 M
- Company Age 15 Year, 10 Days
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 4.70 Cr
- Satisfied Charges ₹ 3.20 Cr
- Revenue Growth -91.42%
- Profit Growth 101.16%
- Ebitda 47.77%
- Net Worth 0.30%
- Total Assets -2.69%
About Advance Commercial
Advance Commercial Private Limited (ACPL) is a Private Limited Indian Non-Government Company incorporated in India on 04 March 2010 and has a history of 15 years. Its registered office is in Kolkata, West Bengal, India.
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 2024. 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.
Babita Agarwal and Raakesh Agarwal serve as directors at the Company.
Company Details
- Location
Kolkata, West Bengal, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U51101WB2010PTC142938
- Company No.
142938
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
04 Mar 2010
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Kolkata
Industry
Home & Lifestyle
Advance Commercial Private Limited
Explore comprehensive data for Advance Commercial Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
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 | 06-Jul-2017 | Current |
Financial Performance 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 LimitedBabita Agarwal and Raakesh Agarwal are mutual person
Charges (Loans)
Open Charges
₹47.00 M
Satisfied Charges
₹32.00 M
Charges Breakdown by Lending Institutions
- Axis Bank Limited : 4.70 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 25 Jan 2018 | Axis Bank Limited | ₹4.70 Cr | Open |
| 20 Feb 2015 | Others | ₹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.
Latest Updates, News, and FAQs on Advance Commercial
Recent activity within the organization
- Annual General Meeting
Advance Commercial Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Balance Sheet
Advance Commercial Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Kolkata.
- Charges
A charge registered on 20 Feb 2015 via Charge ID 10558181 with Others was fully satisfied on 20 Nov 2018.
- Charges
A charge with Axis Bank Limited amounted to Rs. 47.00 M with Charge ID 100156222 was registered on 25 Jan 2018.
- Charges
A charge with Others of Rs. 32.00 M registered on 20 Feb 2015 with Charge ID 10558181 was modified on 07 Nov 2017.
- Director Appointment
Raakesh Agarwal was appointed as a Director was appointed as a Director on 06 Jul 2017 & has been associated with this company since 7 years 8 months .
Frequently asked questions
What is the Incorporation or founding date of Advance Commercial Private Limited?
Advance Commercial Private Limited was incorporated on 04 Mar 2010.
What is authorized share capital and paid-up capital of Advance Commercial Private Limited?
The authorized share capital of Advance Commercial Private Limited is ₹ 3.00 M and paid-up capital is ₹ 1.85 M.
Who are the current board members & directors of Advance Commercial Private Limited?
Currently 2 directors are associated with Advance Commercial Private Limited.
- Babita Agarwal
- Raakesh Agarwal
What is the registered address of Advance Commercial Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Advance Commercial Private Limited is 214 Rabindra Sarani India, Kolkata, West Bengal, 700007.
What is the corporate identification number (CIN) and company number of Advance Commercial Private Limited?
The corporate identification number (CIN) of Advance Commercial Private Limited is U51101WB2010PTC142938 and the company number is 142938 as per Ministry of Corporate Affairs (MCA).
What is the official website of Advance Commercial Private Limited?
The Official website of Advance Commercial Private Limited is https://www.advancemrfit.com
What has been the recent revenue trend for Advance Commercial Private Limited?
According to the financial reports for the fiscal year 2022, the revenue trend for Advance Commercial Private Limited has fallen by -91.42%.
What change has been observed in the net worth of Advance Commercial Private Limited, and by what percentage?
The financial reports for the fiscal year 2022 indicates that The net worth of Advance Commercial Private Limited has experienced an upsurge of 0.30%.
What are the total open charges for Advance Commercial Private Limited?
As per the financial statements for fiscal Year 2022, The total open charges for Advance Commercial Private Limited amount to ₹ 4.70 Cr.
When was the last Balance Sheet of Advance Commercial Private Limited filed with the ROC?
The most recent Balance Sheet for Advance Commercial Private Limited was filed with the ROC on 31 Mar 2024.
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