Advance India Projects Profile
Key Indicators
- Authorised Capital ₹ 16.10 Cr
- Paid Up Capital ₹ 15.59 Cr
- Company Age 27 Year, 9 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 1,347.42 Cr
- Satisfied Charges ₹ 1,765.64 Cr
- Revenue Growth 41.59%
- Profit Growth 257.33%
- Ebitda -2.70%
- Net Worth 2.13%
- Total Assets 12.10%
About Advance India Projects
Advance India Projects Limited (AIPL) is a leading Public Limited Indian Non-Government Company incorporated in India on 15 May 1997 and has a history of 27 years and nine months. Its registered office is in Gurgaon, Haryana, India.
The Company is engaged in the Real Estate And Construction Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 16.10 Cr and a paid-up capital of Rs 15.59 Cr.
The company currently has active open charges totaling ₹1,347.42 Cr. The company has closed loans amounting to ₹1,765.64 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Advance India Projects Limited India are Manish Agarwal as CFO and Preeti Sharma as Company Secretary. Harinder Singh, Daljeet Singh, Gurdeep Singh, and Seven other members serve as directors at the Company.
Company Details
- Location
Gurgaon, Haryana, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U45209HR1997PLC080240
- Company No.
080240
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
15 May 1997
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Delhi
Industry
What products or services does Advance India Projects Limited offer?
Advance India Projects Limited offers a wide range of products and services, including Real Estate Services, Real Estate Developer.
Who are the key members and board of directors at Advance India Projects?
Executive Team (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Manish Agarwal | CFO | Current | |
Preeti Sharma  | Company Secretary | 27-Mar-2024 | Current |
Board Members (10)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Shabeg Singh | Director | 24-Aug-2018 | Current |
| Ishaan Singh | Director | 01-Oct-2022 | Current |
| Harinder Singh | Whole-Time Director | 08-Jan-2007 | Current |
| Daljeet Singh | Whole-Time Director | 08-Jan-2007 | Current |
| Gurdeep Singh | Whole-Time Director | 15-May-1997 | Current |
| Jagdish Kaur | Director | 26-Aug-2010 | Current |
Financial Performance of Advance India Projects.
Advance India Projects Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 41.59% increase. The company also saw a substantial improvement in profitability, with a 257.33% increase in profit. The company's net worth moved up by a moderate rise of 2.13%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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What is the Ownership and Shareholding Structure of Advance India Projects?
In 2023, Advance India Projects had a promoter holding of 100.00%. The company had 9 Subsidiaries, 1 Joint Venture and 2 Associate Companies. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Wellworth Project Developers Pvt LtdBala Pandey is a mutual person
Haamid Real Estates Private LimitedBala Pandey is a mutual person
Aipl Estates LlpHarinder Singh, Daljeet Singh and 1 more are mutual person
- Aipl Hospitality Limited
Harinder Singh and Gurdeep Singh are mutual person
- Aipl Projects Private Limited
Harinder Singh, Daljeet Singh and 1 more are mutual person
- Aipl Housing And Urban Infrastructure Limited
Harpreet Gadh, Jasvinder Vohra and 2 more are mutual person
Charges (Loans)
₹1,347.42 Cr
₹1,765.64 Cr
Charges Breakdown by Lending Institutions
- Idbi Trusteeship Services Limited : 890.00 Cr
- Others : 373.05 Cr
- Hdfc Bank Limited : 55.17 Cr
- Axis Bank Limited : 29.21 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 16 Aug 2024 | Others | ₹115.00 Cr | Open |
| 27 Jun 2024 | Axis Bank Limited | ₹25.00 Cr | Open |
| 18 Mar 2024 | Others | ₹40.00 Cr | Open |
| 02 Jan 2024 | Axis Bank Limited | ₹3.43 Cr | Open |
| 20 Oct 2023 | Others | ₹26.00 Cr | Open |
How Many Employees Work at Advance India Projects?
Advance India Projects has a workforce of 216 employees as of Oct 07, 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 India Projects, 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 India Projects'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.
