Advance Genuine Spares Profile
Key Indicators
- Authorised Capital ₹ 1.00 Cr
- Paid Up Capital ₹ 9.20 M
- Company Age 12 Year, 7 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 5.20 Cr
- Satisfied Charges ₹ 1.90 Cr
- Revenue Growth 31.89%
- Profit Growth 135.51%
- Ebitda -76.55%
- Net Worth 7.37%
- Total Assets 36.42%
About Advance Genuine Spares
Advance Genuine Spares Private Limited (AGSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 12 June 2012 and has a history of 12 years and seven months. Its registered office is in Krishna, Andhra Pradesh, India.
The Company is engaged in the Transport And Logistics 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 1.00 Cr and a paid-up capital of Rs 9.20 M.
The company currently has active open charges totaling ₹5.20 Cr. The company has closed loans amounting to ₹1.90 Cr, as per Ministry of Corporate Affairs (MCA) records.
Ram Katragadda and Sreenivas Surapaneni serve as directors at the Company.
Company Details
-
Location
Krishna, Andhra Pradesh, India
-
Telephone
+91-XXXXXXXXXX
-
Email Address
-
Social Media-
Corporate Identity Details
-
CIN/LLPIN
U50400AP2012PTC081429
-
Company No.
081429
-
Company Classification
Private Limited Indian Non-Government Company
-
Incorporation Date
12 Jun 2012
-
Date of AGM
30 Sep 2024
-
Date of Balance Sheet
31 Mar 2024
-
Listing Status
Unlisted
-
ROC Code
Roc Vijayawada
Industry
Who are the key members and board of directors at Advance Genuine Spares?
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Ram Katragadda
|
Director | 12-Jun-2012 | Current |
|
Sreenivas Surapaneni
|
Director | 12-Jun-2012 | Current |
Financial Performance of Advance Genuine Spares.
Advance Genuine Spares Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 31.89% increase. The company also saw a substantial improvement in profitability, with a 135.51% increase in profit. The company's net worth moved up by a moderate rise of 7.37%.
- 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 Genuine Spares?
In 2022, Advance Genuine Spares had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
-
Iva Hospitality Private LimitedRam Katragadda and Sreenivas Surapaneni are mutual person
-
Avinya Spaces Llp
Ram Katragadda is a mutual person
Charges (Loans)
₹5.20 Cr
₹1.90 Cr
Charges Breakdown by Lending Institutions
- Others : 4.00 Cr
- Ing Vysya Bank Limited : 1.20 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 25 Apr 2022 | Others | ₹4.00 Cr | Open |
| 25 Sep 2012 | Ing Vysya Bank Limited | ₹1.20 Cr | Open |
| 18 May 2015 | Hdfc Bank Limited | ₹1.90 Cr | Satisfied |
How Many Employees Work at Advance Genuine Spares?
Advance Genuine Spares has a workforce of 29 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 Genuine Spares, 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 Genuine Spares'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.