Advance Compair Systems Profile
Key Indicators
- Authorised Capital ₹ 3.00 M
- Paid Up Capital ₹ 1.85 M
- Company Age 39 Year, 3 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 three 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
- Website
- 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  | Director | 03-Dec-1985 | Current |
| Vrajesh Choksi | Director | 14-Oct-2016 | Current |
| Bhavexa Choksi | 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%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metrics |
| (FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
| ||||||
| Revenue from Operations |
| ||||||
| Total Assets |
| ||||||
| Profit or Loss |
| ||||||
| Net Worth |
| ||||||
| EBITDA |
|
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.
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.
Deals i
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
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 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.
- Balance Sheet
Advance Compair Systems Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
- 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 3 months .
- Charges
A charge registered on 06 May 2004 via Charge ID 90241136 with Bank Of Baroda was fully satisfied on 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.
- Charges
A charge registered on 06 May 2004 via Charge ID 80062746 with Bank Of Baroda was fully satisfied on 20 Aug 2018.
Frequently asked questions
What is the Incorporation or founding date of Advance Compair Systems Pvt Ltd?
Advance Compair Systems Pvt Ltd was incorporated on 03 Dec 1985.
What is authorized share capital and paid-up capital of Advance Compair Systems Pvt Ltd?
The authorized share capital of Advance Compair Systems Pvt Ltd is ₹ 3.00 M and paid-up capital is ₹ 1.85 M.
Who are the current board members & directors of Advance Compair Systems Pvt Ltd?
Currently 3 directors are associated with Advance Compair Systems Pvt Ltd.
- Sudhir Tulsidas Ashar
- Vrajesh Gopal Choksi
- Bhavexa Vrajesh Choksi
What is the registered address of Advance Compair Systems Pvt Ltd?
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.
What is the corporate identification number (CIN) and company number of Advance Compair Systems Pvt Ltd?
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).
What is the official website of Advance Compair Systems Pvt Ltd?
The Official website of Advance Compair Systems Pvt Ltd is https://www.advancecompair.com
What has been the recent revenue trend for Advance Compair Systems Pvt Ltd?
According to the financial reports for the fiscal year 2015, the revenue trend for Advance Compair Systems Pvt Ltd has fallen by -23.26%.
What change has been observed in the net worth of Advance Compair Systems Pvt Ltd, and by what percentage?
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%.
When was the last Balance Sheet of Advance Compair Systems Pvt Ltd filed with the ROC?
The most recent Balance Sheet for Advance Compair Systems Pvt Ltd was filed with the ROC on 31 Mar 2024.
People also Viewed
Rasesh ChoksiDirectorJP
Jignesh ParmarAdditional DirectorDS
Devang ShahAdditional DirectorGC
Gopal ChoksiDirectorSM
Shailendra MehtaAdditional Director