Advance Panels And Switchgears Private Limited logo

Advance Panels And Switchgears Private Limited

Manufactures electrical products, including control panels and logic control panels.
2002 | Delhi, Delhi (India) | Active

Last Updated:

July 06, 2024
HomeCompanyAdvance Panels And Switchgears Private Limited

Who are the key members and board of directors at Advance Panels And Switchgears?

Executive Team (1)

NameDesignationAppointment DateStatus
Dali JainCompany Secretary01-Apr-2019Current

Board Members(3)

NameDesignationAppointment DateStatus
Jas Jain In Director 01-Apr-2006Current
Jitendra Jain In Director 03-Jun-2002Current
Suresh Jain In Director 03-Jun-2002Current

Financial Performance and Corporate Structure Insights 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%.

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
73.32%
Revenue from Operations
73.68%
Total Assets
46.15%
Profit or Loss
318.46%
Net Worth
2.99%
EBITDA
82.39%

Related Corporates (Common Directorship)

Charges (Loans)

Open Charges Satisfied Charges

₹75.26 Cr

₹45.73 Cr

LenderAmountStatus

Hdfc Bank Limited

Creation Date: 16 Aug 2023
₹6.00 CrOpen

Others

Creation Date: 29 Mar 2022
₹1.36 CrOpen

Others

Creation Date: 27 Sep 2021
₹24.90 CrOpen

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.

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Latest Updates, News, and FAQs on Advance Panels And Switchgears

Recent activity within the organization

  • Charges

    A charge with Others of Rs. 24.90 Cr registered on 27 Sep 2021 with Charge ID 100489021 was modified on 26 Oct 2023.

    26 Oct 2023

  • Annual General Meeting

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

    30 Sep 2023

  • Charges

    A charge registered on 05 Jan 2022 via Charge ID 100529760 with Others was fully satisfied on 11 Sep 2023.

    11 Sep 2023

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 6.00 Cr with Charge ID 100791771 was registered on 16 Aug 2023.

    16 Aug 2023

  • Charges

    A charge registered on 10 Sep 2018 via Charge ID 100228239 with Citi Bank N.A. was fully satisfied on 11 Aug 2023.

    11 Aug 2023

  • Charges

    A charge with Hdfc Bank Limited of Rs. 18.00 Cr registered on 19 Jun 2020 with Charge ID 100343339 was modified on 27 May 2023.

    27 May 2023

Frequently asked questions

  • Advance Panels And Switchgears Private Limited was incorporated on 03 Jun 2002.

  • The authorized share capital of Advance Panels And Switchgears Private Limited is ₹ 10.00 Cr and paid-up capital is ₹ 7.90 Cr.

  • Currently 4 directors are associated with Advance Panels And Switchgears Private Limited.

    • Jas Kanwar Jain
    • Jitendra Jain
    • Suresh Raj Jain
    • Dali Chand Jain
  • As per Ministry of Corporate Affairs (Mca), the registered address of Advance Panels And Switchgears Private Limited is A 257 Dsidc Narela Industrialpark Narela, Delhi, India, 110040.

  • The corporate identification number (CIN) of Advance Panels And Switchgears Private Limited is U31909DL2002PTC115650 and the company number is 115650 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Advance Panels And Switchgears Private Limited is https://www.advancepanels.com

  • According to the financial reports for the fiscal year 2022, the revenue trend for Advance Panels And Switchgears Private Limited has risen by 73.32%.

  • As Per 2022 financial reports, 708 employees are currently employed by Advance Panels And Switchgears Private Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Advance Panels And Switchgears Private Limited has experienced an upsurge of 2.99%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Advance Panels And Switchgears Private Limited amount to ₹ 75.26 Cr.

  • The most recent Balance Sheet for Advance Panels And Switchgears Private Limited was filed with the ROC on 31 Mar 2023.

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