Advance Ispat (India) Limited

Steel trading and engineering goods supplier since 1990.

1990 | Delhi (India) | Active
Last Updated:

Advance Ispat (India) Profile

Key Indicators

  • Authorised Capital ₹ 3.00 Cr
  • Paid Up Capital ₹ 2.46 Cr
  • Company Age 35 Year, 1 Month
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 5.50 Cr
  • Satisfied Charges ₹ 30.34 Cr
  • Revenue Growth 85.00%
  • Profit Growth 1187.30%
  • Ebitda 809.18%
  • Net Worth 7.30%
  • Total Assets 14.10%

About Advance Ispat (India)

Advance Ispat (India) Limited (AIIL) is a leading Public Limited Indian Non-Government Company incorporated in India on 05 April 1990 and has a history of 35 years and one month. Its registered office is in Delhi, India.

The Company is engaged in the Metals And Minerals 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 3.00 Cr and a paid-up capital of Rs 2.46 Cr.

The company currently has active open charges totaling ₹5.50 Cr. The company has closed loans amounting to ₹30.34 Cr, as per Ministry of Corporate Affairs (MCA) records.

Aashish Agarwal, Lalit Agarwal, Deoki Nandan, and One other member serve as directors at the Company.

Company Details

  • Location

    Delhi, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U27101DL1990PLC039747

  • Company No.

    039747

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    05 Apr 1990

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Delhi

Industry

Metals and Minerals
Company report

Advance Ispat (India) Limited

Explore comprehensive data for Advance Ispat (India) Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Advance Ispat (India)?

Executive Team (1)

NameDesignationAppointment DateStatus
Aashish Agarwal Country flag representing In Managing Director01-Jan-1995Current

Board Members (3)

NameDesignationAppointment DateStatus
Lalit Agarwal Country flag representing In Director 05-Apr-1990Current
Deoki Nandan Country flag representing In Director 05-Apr-1990Current
Daulat Agarwala Country flag representing In Director 23-Apr-2010Current

Financial Performance of Advance Ispat (India).

Advance Ispat (India) Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 85% increase. The company also saw a substantial improvement in profitability, with a 1187.3% increase in profit. The company's net worth moved up by a moderate rise of 7.3%.

Advance Ispat (India) revenue growth over time
Advance Ispat (India) 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
85.00%
Revenue from Operations
87.25%
Total Assets
14.10%
Profit or Loss
1187.30%
Net Worth
7.30%
EBITDA
809.18%

What is the Ownership and Shareholding Structure of Advance Ispat (India)?

In 2023, Advance Ispat (India) had a promoter holding of 17.18% and a public holding of 82.82%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹5.50 Cr

Satisfied Charges

₹30.34 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 5.50 Cr

Latest Charge Details

DateLenderAmountStatus
04 Jul 2023Hdfc Bank Limited₹4.99 MOpen
22 Feb 2022Hdfc Bank Limited₹5.00 CrOpen
29 Jun 2017Others₹5.00 CrSatisfied
22 Apr 2014Bank Of India₹2.00 CrSatisfied
31 Mar 2014Standard Chartered Bank₹5.04 CrSatisfied

How Many Employees Work at Advance Ispat (India)?

Unlock and access historical data on people associated with Advance Ispat (India), such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee growth trends for Advance Ispat (India) Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Advance Ispat (India), 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 Ispat (India)'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 Ispat (India)

Recent activity within the organization

  • Annual General Meeting

    Advance Ispat (India) Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.50 Cr with Charge ID 100771486 was registered on 04 Jul 2023.

  • Balance Sheet

    Advance Ispat (India) Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Delhi.

  • Charges

    A charge with Hdfc Bank Limited of Rs. 5.00 Cr registered on 22 Feb 2022 with Charge ID 100571280 was modified on 11 Nov 2022.

  • Charges

    A charge registered on 20 Nov 2013 via Charge ID 10465812 with Bank Of India was fully satisfied on 14 Jun 2022.

  • Charges

    A charge registered on 29 Jun 2017 via Charge ID 100123020 with Others was fully satisfied on 24 May 2022.

Frequently asked questions

  • What is the Incorporation or founding date of Advance Ispat (India) Limited?

    Advance Ispat (India) Limited was incorporated on 05 Apr 1990.

  • What is authorized share capital and paid-up capital of Advance Ispat (India) Limited?

    The authorized share capital of Advance Ispat (India) Limited is ₹ 3.00 Cr and paid-up capital is ₹ 2.46 Cr.

  • Who are the current board members & directors of Advance Ispat (India) Limited?

    Currently 4 directors are associated with Advance Ispat (India) Limited.

    • Aashish Agarwal
    • Lalit Agarwal
    • Deoki Agrawal Nandan
    • Daulat Ram Agarwala

  • What is the registered address of Advance Ispat (India) Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Advance Ispat (India) Limited is 81 Functional Industrialestate Patparganj India, Delhi, 110092.

  • What is the corporate identification number (CIN) and company number of Advance Ispat (India) Limited?

    The corporate identification number (CIN) of Advance Ispat (India) Limited is U27101DL1990PLC039747 and the company number is 039747 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Advance Ispat (India) Limited?

    The Official website of Advance Ispat (India) Limited is https://www.advance.co.in

  • What has been the recent revenue trend for Advance Ispat (India) Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Advance Ispat (India) Limited has risen by 85.00%.

  • What change has been observed in the net worth of Advance Ispat (India) Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Advance Ispat (India) Limited has experienced an upsurge of 7.30%.

  • What are the total open charges for Advance Ispat (India) Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Advance Ispat (India) Limited amount to ₹ 5.50 Cr.

  • When was the last Balance Sheet of Advance Ispat (India) Limited filed with the ROC?

    The most recent Balance Sheet for Advance Ispat (India) Limited was filed with the ROC on 31 Mar 2023.

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