Advance Panels And Switchgears Profile
Key Indicators
- Authorised Capital ₹ 10.00 Cr
- Paid Up Capital ₹ 7.90 Cr
- Company Age 22 Year, 8 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 72.36 Cr
- Satisfied Charges ₹ 45.73 Cr
- Revenue Growth 73.32%
- Profit Growth 318.46%
- Ebitda 82.39%
- Net Worth 2.99%
- Total Assets 46.15%
About Advance Panels And Switchgears
Advance Panels And Switchgears Private Limited (APASPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 03 June 2002 and has a history of 22 years and eight months. Its registered office is in Delhi, India.
The Company is engaged in the Energy And Power 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 10.00 Cr and a paid-up capital of Rs 7.90 Cr.
The company currently has active open charges totaling ₹72.36 Cr. The company has closed loans amounting to ₹45.73 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Advance Panels And Switchgears Private Limited India is Dali Jain as COMPANY SECRETARY. Jas Jain, Jitendra Jain, and Suresh Jain serve as directors at the Company.
Company Details
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Location
Delhi, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media-
Corporate Identity Details
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CIN/LLPIN
U31909DL2002PTC115650
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Company No.
115650
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
03 Jun 2002
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Date of AGM
30 Sep 2024
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Date of Balance Sheet
31 Mar 2024
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Listing Status
Unlisted
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ROC Code
Roc Delhi
Industry
What products or services does Advance Panels And Switchgears Private Limited offer?
Advance Panels And Switchgears Private Limited offers a wide range of products and services, including Electrical Panels & Distribution Box, Electric Control Panel.
Who are the key members and board of directors at Advance Panels And Switchgears?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Dali Jain | Company Secretary | 01-Apr-2019 | Current |
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Jas Jain
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Director | 01-Apr-2006 | Current |
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Jitendra Jain
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Director | 03-Jun-2002 | Current |
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Suresh Jain
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Director | 03-Jun-2002 | Current |
Financial Performance of Advance Panels And Switchgears.
Advance Panels And Switchgears Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 73.32% increase. The company also saw a substantial improvement in profitability, with a 318.46% increase in profit. The company's net worth moved up by a moderate rise of 2.99%.
- Key Matrics
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What is the Ownership and Shareholding Structure of Advance Panels And Switchgears?
In 2023, Advance Panels And Switchgears had a promoter holding of 100.00%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
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Advance Engineering Works Private LimitedJitendra Jain and Suresh Jain are mutual person
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Anant Powertech Private LimitedJitendra Jain and Suresh Jain are mutual person
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Bholebaba Vinimay (P) Ltd
Jitendra Jain and Suresh Jain are mutual person
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Advance Electric And Automation Private Limited
Jitendra Jain and Suresh Jain are mutual person
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Advance Epc Contracts Private Limited
Jitendra Jain and Suresh Jain are mutual person
Charges (Loans)
₹72.36 Cr
₹45.73 Cr
Charges Breakdown by Lending Institutions
- Hdfc Bank Limited : 26.00 Cr
- Yes Bank Limited : 25.00 Cr
- Others : 21.36 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 16 Aug 2023 | Hdfc Bank Limited | ₹6.00 Cr | Open |
| 29 Mar 2022 | Others | ₹1.36 Cr | Open |
| 27 Sep 2021 | Others | ₹20.00 Cr | Open |
| 19 Jun 2020 | Hdfc Bank Limited | ₹20.00 Cr | Open |
| 28 May 2020 | Yes Bank Limited | ₹25.00 Cr | Open |
How Many Employees Work at Advance Panels And Switchgears?
Advance Panels And Switchgears has a workforce of 708 employees as of Apr 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 Panels And Switchgears, 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 Panels And Switchgears'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.
