Advance Multitech Limited logo

Advance Multitech Limited

Manufacturer of rubber products for various industries, including printing, textiles, and construction.
1979 | Ahmedabad, Gujarat (India) | Active

Last Updated:

June 28, 2024
HomeCompanyAdvance Multitech Limited

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

Executive Team (3)

NameDesignationAppointment DateStatus
Pulkit Goenka InCFO13-Aug-2016Current
Arvind Goenka InManaging Director09-Jul-1990Current
Niralbhai Sodavadiya InCompany Secretary10-Aug-2017Current

Board Members(5)

NameDesignationAppointment DateStatus
Aanchal Goenka In Director 31-Mar-2015Current
Chetan Patel In Director 05-Aug-2019Current
Nirish Parikh In Director 30-Aug-2011Current
Vivek Pareek In Director 09-Oct-2015Current
Himanshubhai Shukla In Director 30-Jun-2021Current

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%.

Revenue Growth Graph
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  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metric
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
6.57%
Revenue from Operations
2.77%
Total Assets
7.87%
Profit or Loss
1072.18%
Net Worth
1.03%
EBITDA
-40.94%

Related Corporates (Common Directorship)

Charges (Loans)

Open Charges Satisfied Charges

₹13.91 Cr

₹0.30 Cr

LenderAmountStatus

Others

Creation Date: 20 Jun 2020
₹5.98 MOpen

Oriental Bank Of Commerce

Creation Date: 13 Mar 2013
₹4.29 CrOpen

Others

Creation Date: 20 Mar 2012
₹5.13 CrOpen

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.

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Latest Updates, News, and FAQs on Advance Multitech

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2023

  • Balance Sheet

    Advance Multitech Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ahmedabad.

    31 Mar 2023

  • Charges

    A charge with Others amounted to Rs. 0.60 Cr with Charge ID 100353703 was registered on 20 Jun 2020.

    20 Jun 2020

  • Director Appointment

    Chetan Popatlal Patel was appointed as a Director was appointed as a Director on 05 Aug 2019 & has been associated with this company since 5 years 4 months .

    05 Aug 2019

  • Charges

    A charge with Others of Rs. 5.13 Cr registered on 20 Mar 2012 with Charge ID 10344199 was modified on 28 Mar 2017.

    28 Mar 2017

  • Director Appointment

    Vivek Ramesh Pareek was appointed as a Director was appointed as a Director on 09 Oct 2015 & has been associated with this company since 9 years 2 months .

    09 Oct 2015

Frequently asked questions

  • Advance Multitech Limited was incorporated on 16 Apr 1979.

  • The authorized share capital of Advance Multitech Limited is ₹ 5.00 Cr and paid-up capital is ₹ 4.03 Cr.

  • Currently 9 directors are associated with Advance Multitech Limited.

    • Arvind Vishwanath Goenka
    • Niralbhai Kalyanbhai Sodavadiya
    • Pulkit Goenka
    • Aanchal Arvind Goenka
    • Chetan Popatlal Patel
    • Nirish Jagabhai Parikh
    • Vivek Ramesh Pareek
    • Pulkit Goenka
    • Himanshubhai Surendrabhai Shukla
  • As per Ministry of Corporate Affairs (Mca), the registered address of Advance Multitech Limited is 36 Kothari Marketkankaria Road 22, Ahmedabad, Gujarat, India, 380022.

  • The corporate identification number (CIN) of Advance Multitech Limited is L51494GJ1979PLC006698 and the company number is 006698 as per Ministry of Corporate Affairs (MCA).

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

  • The Official website of Advance Multitech Limited is https://www.advancemulti.com

  • According to the financial reports for the fiscal year 2022, the revenue trend for Advance Multitech Limited has risen by 6.57%.

  • As Per 2022 financial reports, 22 employees are currently employed by Advance Multitech Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Advance Multitech Limited has experienced an upsurge of 1.03%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Advance Multitech Limited amount to ₹ 13.91 Cr.

  • The most recent Balance Sheet for Advance Multitech Limited was filed with the ROC on 31 Mar 2023.

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