Advance Multitech Profile
Key Indicators
- Authorised Capital ₹ 5.00 Cr
as on 30-12-2024
- Paid Up Capital ₹ 4.03 Cr
as on 30-12-2024
- Company Age 45 Year, 9 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 13.91 Cr
as on 30-12-2024
- Satisfied Charges ₹ 3.00 M
as on 30-12-2024
- Revenue 6.57%
(FY 2022)
- Profit 1072.18%
(FY 2022)
- Ebitda -40.94%
(FY 2022)
- Net Worth 1.03%
(FY 2022)
- Total Assets 7.87%
(FY 2022)
About Advance Multitech
It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 526331.
The Company is engaged in the Manufacturing 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 5.00 Cr and a paid-up capital of Rs 4.03 Cr.
The company currently has active open charges totaling ₹13.91 Cr. The company has closed loans amounting to ₹3.00 M, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Advance Multitech Limited India are Pulkit Goenka as CFO and Niralbhai Sodavadiya as Company Secretary. Arvind Goenka, Aanchal Goenka, Himanshubhai Shukla, and Two other members serve as directors at the Company.
- CIN/LLPIN
L51494GJ1979PLC006698
- Company No.
006698
- Stock Symbol
BSE : 526331
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
16 Apr 1979
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Listed
- ROC Code
Roc Ahmedabad
Industry
Company Details
- Location
Ahmedabad, Gujarat, India
- Telephone
- Email Address
- Website
- Social Media-
Who are the key members and board of directors at Advance Multitech?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Pulkit Goenka  | CFO | 30-Sep-2009 | Current |
| Arvind Goenka | Managing Director | 09-Jul-1990 | Current |
| Niralbhai Sodavadiya | Company Secretary | 10-Aug-2017 | Current |
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Aanchal Goenka | Director | 31-Mar-2015 | Current |
| Himanshubhai Shukla | Director | 30-Jun-2021 | Current |
| Nishit Popat | Director | 13-Aug-2024 | Current |
| Priyanka Gola | Director | 13-Aug-2024 | Current |
Financial Performance of Advance Multitech.
Advance Multitech Limited, for the financial year ended 2022, experienced modest growth in revenue, with a 6.57% increase. The company also saw a substantial improvement in profitability, with a 1072.18% increase in profit. The company's net worth moved up by a moderate rise of 1.03%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Advance Multitech?
In 2021, Advance Multitech had a promoter holding of 40.74% and a public holding of 59.26%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Advance Petrochemicals LimitedActive 39 years 5 monthsArvind Goenka and Aanchal Goenka are mutual person
Charges (Loans)
₹13.91 Cr
₹0.30 Cr
Charges Breakdown by Lending Institutions
- Oriental Bank Of Commerce : 8.19 Cr
- Others : 5.73 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 20 Jun 2020 | Others | ₹5.98 M | Open |
| 13 Mar 2013 | Oriental Bank Of Commerce | ₹4.29 Cr | Open |
| 20 Mar 2012 | Others | ₹5.13 Cr | Open |
| 20 Mar 2012 | Oriental Bank Of Commerce | ₹3.90 Cr | Open |
| 15 Jun 2005 | Union Bank Of India | ₹3.00 M | Satisfied |
How Many Employees Work at Advance Multitech?
Advance Multitech has a workforce of 22 employees as of Apr 03, 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 Multitech, 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 Multitech'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.
