Advance Cooling Systems Private Limited

Manufacturer of refrigeration products for various industries, with global reach and authorized service centers.

1989 | Thane, Maharashtra (India) | Active
Last Updated: November 16, 2024

Advance Cooling Systems Profile

Key Indicators

  • Authorised Capital ₹ 1.50 M
  • Paid Up Capital ₹ 0.60 M
  • Company Age 35 Year, 4 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 15.48 Cr
  • Revenue Growth 32.14%
  • Profit Growth 92.62%
  • Ebitda 52.50%
  • Net Worth 20.22%
  • Total Assets 27.58%

About Advance Cooling Systems

Advance Cooling Systems Private Limited (ACSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 15 September 1989 and has a history of 35 years and four months. Its registered office is in Thane, 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 1.50 M and a paid-up capital of Rs 0.60 M.

The company currently has active open charges totaling ₹15.48 Cr.

Varun Puri and Nidhi Puri serve as directors at the Company.

Company Details

  • Location

    Thane, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U29191MH1989PTC053501

  • Company No.

    053501

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    15 Sep 1989

  • 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 Cooling Systems Private Limited offer?

Advance Cooling Systems Private Limited offers a wide range of products and services, including Cooling Tower, Heat Exchanger, Parts, Heat Exchangers, Industrial Air Conditioner & Devices, Chillers, Water Chillers, Water Cooled Chillers, Blue Star Chiller, Air Dryers, Compressed Air Dryer, Tower AC.

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

Board Members (2)

Name Designation Appointment Date Status
Varun Puri Country flag representing In Director 08-Mar-2006 Current
Nidhi Puri Country flag representing In Director 08-Mar-2006 Current

Financial Performance of Advance Cooling Systems.

Advance Cooling Systems Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 32.14% increase. The company also saw a substantial improvement in profitability, with a 92.62% increase in profit. The company's net worth Soared by an impressive increase of 20.22%.

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
32.14%
Revenue from Operations
31.88%
Total Assets
27.58%
Profit or Loss
92.62%
Net Worth
20.22%
EBITDA
52.50%

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

In 2023, Advance Cooling Systems had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹154.83 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Others : 13.08 Cr
  • Central Bank Of India : 1.78 Cr
  • Hdfc Bank Limited : 0.63 Cr

Latest Charge Details

Date Lender Amount Status
02 Mar 2024 Hdfc Bank Limited ₹2.77 M Open
02 May 2023 Others ₹5.00 Cr Open
05 Apr 2023 Hdfc Bank Limited ₹3.56 M Open
30 Mar 2023 Others ₹4.00 Cr Open
21 Mar 2011 Central Bank Of India ₹0.75 M Open

How Many Employees Work at Advance Cooling Systems?

Advance Cooling Systems has a workforce of 103 employees as of Apr 11, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Advance Cooling 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 Cooling 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 Cooling Systems

Recent activity within the organization

  • Annual General Meeting

    Advance Cooling Systems Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Advance Cooling Systems Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

    31 Mar 2024

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 2.77 M with Charge ID 100877516 was registered on 02 Mar 2024.

    02 Mar 2024

  • Charges

    A charge with Others amounted to Rs. 50.00 M with Charge ID 100716374 was registered on 02 May 2023.

    02 May 2023

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 3.56 M with Charge ID 100741399 was registered on 05 Apr 2023.

    05 Apr 2023

  • Charges

    A charge with Others amounted to Rs. 40.00 M with Charge ID 100693274 was registered on 30 Mar 2023.

    30 Mar 2023

Frequently asked questions

  • Advance Cooling Systems Private Limited was incorporated on 15 Sep 1989.

  • The authorized share capital of Advance Cooling Systems Private Limited is ₹ 1.50 M and paid-up capital is ₹ 0.60 M.

  • Currently 2 directors are associated with Advance Cooling Systems Private Limited.

    • Varun Deepak Puri
    • Nidhi Deepak Puri
  • As per Ministry of Corporate Affairs (Mca), the registered address of Advance Cooling Systems Private Limited is Plot No. R-424 Midc Ttc Industrial Area Rabale, India, Navi Mumbai, Maharashtra, 400701.

  • The corporate identification number (CIN) of Advance Cooling Systems Private Limited is U29191MH1989PTC053501 and the company number is 053501 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Advance Cooling Systems Private Limited is https://www.advancecooling.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Advance Cooling Systems Private Limited has risen by 32.14%.

  • As Per 2023 financial reports, 103 employees are currently employed by Advance Cooling Systems Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Advance Cooling Systems Private Limited has experienced an upsurge of 20.22%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Advance Cooling Systems Private Limited amount to ₹ 15.48 Cr.

  • The most recent Balance Sheet for Advance Cooling Systems Private Limited was filed with the ROC on 31 Mar 2024.

People also Viewed

Similar Companies Based on Industrial Compressors & Pneumatic Systems