Advance Lifestyles Limited

Textile manufacturing, trading, and property construction for various fabrics and garments.

1988 | Mumbai, Maharashtra (India) | Active
Last Updated:

Advance Lifestyles Profile

Key Indicators

  • Authorised Capital ₹ 25.00 Cr
  • Paid Up Capital ₹ 6.23 Cr
  • Company Age 36 Year, 7 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 22.12 Cr
  • Satisfied Charges ₹ 4.60 Cr
  • Revenue Growth 1435.01%
  • Profit Growth -107.66%
  • Ebitda -27.56%
  • Net Worth -0.23%
  • Total Assets -0.50%

About Advance Lifestyles

Advance Lifestyles Limited (ALL) is a Public Limited Indian Non-Government Company incorporated in India on 18 August 1988 and has a history of 36 years and seven months. Its registered office is in Mumbai, Maharashtra, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 521048.

The Corporate was formerly known as The Ahmedabad Advance Mills Limited. The Company is engaged in the Infrastructure And Utilities 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 25.00 Cr and a paid-up capital of Rs 6.23 Cr.

The company currently has active open charges totaling ₹22.12 Cr. The company has closed loans amounting to ₹4.60 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Advance Lifestyles Limited India is Ramesh Nair as CFO. Mala Poddar, Jyoti Bambade, Reet Keswani, and One other member serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    L45309MH1988PLC268437

  • Company No.

    268437

  • Stock Symbol

    BSE : 521048

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    18 Aug 1988

  • Date of AGM

    18 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Listed

  • ROC Code

    Roc Mumbai

Industry

Infrastructure and Utilities
Manufacturing

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

Executive Team (2)

NameDesignationAppointment DateStatus
Ramesh Nair Country flag representing In CFO24-Oct-2019Current
Sundeep Agarwal Country flag representing In Managing Director10-Jan-2013Current

Board Members (3)

NameDesignationAppointment DateStatus
Mala Poddar Director 29-Jul-2024Current
Jyoti Bambade Country flag representing In Director 25-May-2022Current
Reet Keswani Country flag representing In Director 13-Sep-2016Current

Financial Performance of Advance Lifestyles.

Advance Lifestyles Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 1435.01% increase. The company also saw a substantial fall in profitability, with a 107.66% decrease in profit. The company's net worth dipped by a decrease of 0.23%.

Advance Lifestyles revenue growth over time
Advance Lifestyles 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
1435.01%
Revenue from Operations
Total Assets
-0.50%
Profit or Loss
-107.66%
Net Worth
-0.23%
EBITDA
-27.56%

What is the Ownership and Shareholding Structure of Advance Lifestyles?

In 2022, Advance Lifestyles had a promoter holding of 75.00% and a public holding of 25.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹22.12 Cr

Satisfied Charges

₹4.60 Cr

Charges Breakdown by Lending Institutions

  • State Bank Of India : 22.12 Cr

Latest Charge Details

DateLenderAmountStatus
15 Oct 1992State Bank Of India₹4.47 MOpen
30 Jan 1992State Bank Of India₹2.10 MOpen
16 Jul 1991State Bank Of India₹9.11 CrOpen
04 Jul 1989State Bank Of India₹4.12 CrOpen
04 Jul 1989State Bank Of India₹4.12 CrOpen

How Many Employees Work at Advance Lifestyles?

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

Employee growth trends for Advance Lifestyles Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Advance Lifestyles, 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 Lifestyles'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 Lifestyles

Recent activity within the organization

  • Annual General Meeting

    Advance Lifestyles Limited last Annual general meeting of members was held on 18 Sep 2024 as per latest MCA records.

  • Director Appointment

    Mala Poddar was appointed as a Director was appointed as a Director on 29 Jul 2024 & has been associated with this company since 8 months .

  • Balance Sheet

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

  • Director Appointment

    Jyoti Laxman Bambade was appointed as a Director was appointed as a Director on 25 May 2022 & has been associated with this company since 2 years 10 months .

  • Director Appointment

    Ramesh Nair was appointed as a Cfo was appointed as a Cfo on 24 Oct 2019 & has been associated with this company since 5 years 5 months .

  • Director Appointment

    Reet Kamal Keswani was appointed as a Director was appointed as a Director on 13 Sep 2016 & has been associated with this company since 8 years 6 months .

Frequently asked questions

  • What is the Incorporation or founding date of Advance Lifestyles Limited?

    Advance Lifestyles Limited was incorporated on 18 Aug 1988.

  • What is authorized share capital and paid-up capital of Advance Lifestyles Limited?

    The authorized share capital of Advance Lifestyles Limited is ₹ 25.00 Cr and paid-up capital is ₹ 6.23 Cr.

  • Who are the current board members & directors of Advance Lifestyles Limited?

    Currently 5 directors are associated with Advance Lifestyles Limited.

    • Ramesh Nair
    • Mala Poddar
    • Jyoti Laxman Bambade
    • Reet Kamal Keswani
    • Sundeep Agarwal

  • What is the registered address of Advance Lifestyles Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Advance Lifestyles Limited is 2Nd Floor, West Wing Electric Mansion Appasaheb Marathe Marg Worli India, Mumbai, Maharashtra, 400025.

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

    The corporate identification number (CIN) of Advance Lifestyles Limited is L45309MH1988PLC268437 and the company number is 268437 as per Ministry of Corporate Affairs (MCA).

  • Is Advance Lifestyles Limited registered with any stock exchange in India?

    Yes, Advance Lifestyles Limited is registered on Bombay Stock Exchange (BSE).

  • What is the official website of Advance Lifestyles Limited?

    The Official website of Advance Lifestyles Limited is https://www.advance.net.in

  • What has been the recent revenue trend for Advance Lifestyles Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Advance Lifestyles Limited has risen by 1435.01%.

  • What change has been observed in the net worth of Advance Lifestyles Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Advance Lifestyles Limited has experienced an downturn of -0.23%.

  • What are the total open charges for Advance Lifestyles Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Advance Lifestyles Limited amount to ₹ 22.12 Cr.

  • When was the last Balance Sheet of Advance Lifestyles Limited filed with the ROC?

    The most recent Balance Sheet for Advance Lifestyles Limited was filed with the ROC on 31 Mar 2024.

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