Advance Compair Systems Pvt Ltd

Designs and manufactures custom air drying plants for various industries, located in Maharashtra.

1985 | Mumbai, Maharashtra (India) | Active
Last Updated: December 23, 2024

Advance Compair Systems Profile

Key Indicators

  • Authorised Capital ₹ 3.00 M
  • Paid Up Capital ₹ 1.85 M
  • Company Age 39 Year, 2 Months
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 1.69 Cr
  • Revenue Growth -23.26%
  • Profit Growth 117.15%
  • Ebitda 109.92%
  • Net Worth 11.62%
  • Total Assets -38.58%

About Advance Compair Systems

Advance Compair Systems Pvt Ltd (ACSPL) is a Private Limited Indian Non-Government Company incorporated in India on 03 December 1985 and has a history of 39 years and two months. Its registered office is in Mumbai, Maharashtra, India.

The Company is engaged in the Machinery And Equipment 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 has closed loans amounting to ₹1.69 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Sudhir Ashar, Vrajesh Choksi, and Bhavexa Choksi serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U29299MH1985PTC038228

  • Company No.

    038228

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    03 Dec 1985

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Machinery and Equipment

What products or services does Advance Compair Systems Pvt Ltd offer?

Advance Compair Systems Pvt Ltd offers a wide range of products and services, including Air Dryers.

Who are the key members and board of directors at Advance Compair Systems?

Board Members (3)

Name Designation Appointment Date Status
Sudhir Ashar Country flag representing In Director 03-Dec-1985 Current
Vrajesh Choksi Country flag representing In Director 14-Oct-2016 Current
Bhavexa Choksi Country flag representing In Director 21-Nov-2022 Current

Financial Performance of Advance Compair Systems.

Advance Compair Systems Pvt Ltd, for the financial year ended 2015, experienced significant reduction in revenue, with a 23.26% decrease. The company also saw a substantial improvement in profitability, with a 117.15% increase in profit. The company's net worth Soared by an impressive increase of 11.62%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
-23.26%
Revenue from Operations
-23.73%
Total Assets
-38.58%
Profit or Loss
117.15%
Net Worth
11.62%
EBITDA
109.92%

What is the Ownership and Shareholding Structure of Advance Compair Systems?

In 2017, Advance Compair Systems had a promoter holding of 25.45% and a public holding of 74.55%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹16.93 M

Charges Breakdown by Lending Institutions

  • Bank Of Baroda : 1.68 Cr
  • The Shamrao Vithal Co-Op. Bank Ltd. : 0.01 Cr

Latest Charge Details

Date Lender Amount Status
06 May 2004 Bank Of Baroda ₹1.40 Cr Satisfied
06 May 2004 Bank Of Baroda ₹2.60 M Satisfied
22 Mar 1997 Bank Of Baroda ₹0.20 M Satisfied
27 Oct 1987 The Shamrao Vithal Co-Op. Bank Ltd. ₹0.10 M Satisfied
02 Mar 1987 The Shamrao Vithal Co-Op. Bank Ltd. ₹0.03 M Satisfied

How Many Employees Work at Advance Compair Systems?

Unlock and access historical data on people associated with Advance Compair Systems, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Advance Compair Systems, 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 Compair Systems's trajectory.

Rating

Graph displaying rating trends over time

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

Alert Indicator

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 Compair Systems

Recent activity within the organization

  • Annual General Meeting

    Advance Compair Systems Pvt Ltd last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Advance Compair Systems Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

    31 Mar 2024

  • Director Appointment

    Bhavexa Vrajesh Choksi was appointed as a Director was appointed as a Director on 21 Nov 2022 & has been associated with this company since 2 years 2 months .

    21 Nov 2022

  • Charges

    A charge registered on 06 May 2004 via Charge ID 90241136 with Bank Of Baroda was fully satisfied on 27 Oct 2022.

    27 Oct 2022

  • Charges

    A charge registered on 22 Mar 1997 via Charge ID 90240311 with Bank Of Baroda was fully satisfied on 27 Oct 2022.

    27 Oct 2022

  • Charges

    A charge registered on 06 May 2004 via Charge ID 80062746 with Bank Of Baroda was fully satisfied on 20 Aug 2018.

    20 Aug 2018

Frequently asked questions

  • Advance Compair Systems Pvt Ltd was incorporated on 03 Dec 1985.

  • The authorized share capital of Advance Compair Systems Pvt Ltd is ₹ 3.00 M and paid-up capital is ₹ 1.85 M.

  • Currently 3 directors are associated with Advance Compair Systems Pvt Ltd.

    • Sudhir Tulsidas Ashar
    • Vrajesh Gopal Choksi
    • Bhavexa Vrajesh Choksi
  • As per Ministry of Corporate Affairs (Mca), the registered address of Advance Compair Systems Pvt Ltd is 5 Sukhram Griha Sir Vithaldasnagar North Avenue Santacruz India, Mumbai, Maharashtra, 400054.

  • The corporate identification number (CIN) of Advance Compair Systems Pvt Ltd is U29299MH1985PTC038228 and the company number is 038228 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Advance Compair Systems Pvt Ltd is https://www.advancecompair.com

  • According to the financial reports for the fiscal year 2015, the revenue trend for Advance Compair Systems Pvt Ltd has fallen by -23.26%.

  • The financial reports for the fiscal year 2015 indicates that The net worth of Advance Compair Systems Pvt Ltd has experienced an upsurge of 11.62%.

  • The most recent Balance Sheet for Advance Compair Systems Pvt Ltd was filed with the ROC on 31 Mar 2024.

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