Advance Cooling Towers Profile
Key Indicators
- Authorised Capital ₹ 5.35 Cr
- Paid Up Capital ₹ 1.42 Cr
- Company Age 43 Year, 7 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 6.24 Cr
- Satisfied Charges ₹ 3.74 Cr
- Revenue Growth 52.28%
- Profit Growth 106.23%
- Ebitda 506.52%
- Net Worth 1.15%
- Total Assets -0.20%
About Advance Cooling Towers
Advance Cooling Towers Private Limited (ACTPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 01 July 1981 and has a history of 43 years and seven months. Its registered office is in Valsad, Gujarat, India.
The Corporate was formerly known as Advance Reinforced Plastics Private Limited. 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 5.35 Cr and a paid-up capital of Rs 1.42 Cr.
The company currently has active open charges totaling ₹6.24 Cr. The company has closed loans amounting to ₹3.74 Cr, as per Ministry of Corporate Affairs (MCA) records.
Krishna Desai, Anil Badhe, Rupal Desai, and Three other members serve as directors at the Company.
Company Details
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Location
Valsad, Gujarat, India
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Telephone
+91-XXXXXXXXXX
- Email Address
- Website
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Social Media
Corporate Identity Details
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CIN/LLPIN
U25209GJ1981PTC004462
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Company No.
004462
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
01 Jul 1981
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Date of AGM
30 Sep 2024
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Date of Balance Sheet
31 Mar 2024
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Listing Status
Unlisted
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ROC Code
Roc Ahmedabad
Industry
What products or services does Advance Cooling Towers Private Limited offer?
Advance Cooling Towers Private Limited offers a wide range of products and services, including Cooling Tower, Heat Exchanger, Parts, Cooling Towers, Cooling Tower Parts, Automobile Fittings & Components, Automotive Belts, Water Cooling Towers.
Who are the key members and board of directors at Advance Cooling Towers?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Rupal Desai
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Managing Director | 01-Jan-2018 | Current |
Board Members (5)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
|
Sweta Sheth
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Director | 02-Jul-1998 | Current |
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Krishna Desai
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Director | 21-Sep-2023 | Current |
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Anil Badhe
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Alternate Director | 30-Sep-2015 | Current |
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Druma Mistry
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Director | 09-Nov-1991 | Current |
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Trilok Mistry
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Director | 01-Jul-1981 | Current |
Financial Performance of Advance Cooling Towers.
Advance Cooling Towers Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 52.28% increase. The company also saw a substantial improvement in profitability, with a 106.23% increase in profit. The company's net worth moved up by a moderate rise of 1.15%.
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What is the Ownership and Shareholding Structure of Advance Cooling Towers?
In 2021, Advance Cooling Towers had a promoter holding of 90.59% and a public holding of 9.41%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
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Advance Grp Cooling Towers Private LimitedDruma Mistry and Trilok Mistry are mutual person
Charges (Loans)
₹6.24 Cr
₹3.74 Cr
Charges Breakdown by Lending Institutions
- Axis Bank Limited : 4.91 Cr
- Others : 1.33 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 25 Jul 2024 | Others | ₹1.33 Cr | Open |
| 12 Jul 2023 | Axis Bank Limited | ₹4.40 Cr | Open |
| 13 Mar 2023 | Axis Bank Limited | ₹5.10 M | Open |
| 21 Dec 2019 | Others | ₹7.30 M | Satisfied |
| 08 Dec 2016 | Hdfc Bank Limited | ₹7.65 M | Satisfied |
How Many Employees Work at Advance Cooling Towers?
Advance Cooling Towers has a workforce of 77 employees as of Apr 06, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Advance Cooling Towers, 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 Towers'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.
