Advance Panels And Switchgears Profile
Key Indicators
- Authorised Capital ₹ 10.00 Cr
- Paid Up Capital ₹ 7.90 Cr
- Company Age 22 Year, 11 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 11 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
- Location
Delhi, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U31909DL2002PTC115650
- Company No.
115650
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
03 Jun 2002
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Delhi
Industry
Energy and Power
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.
Advance Panels And Switchgears Private Limited
Explore comprehensive data for Advance Panels And Switchgears Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
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  | Director | 01-Apr-2006 | Current |
| Jitendra Jain | Director | 03-Jun-2002 | Current |
| Suresh Jain | 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
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metrics |
| (FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
| ||||||
| Revenue from Operations |
| ||||||
| Total Assets |
| ||||||
| Profit or Loss |
| ||||||
| Net Worth |
| ||||||
| EBITDA |
|
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)
Anant Powertech Private LimitedJitendra Jain and Suresh Jain are mutual person
Advance Engineering Works Private LimitedJitendra Jain and Suresh Jain are mutual person
Bholebaba Vinimay (P) LtdJitendra Jain and Suresh Jain are mutual person
- Advance Electric And Automation Private Limited
Jitendra Jain and Suresh Jain are mutual person
- Advance Epc Contracts Private Limited
Jitendra Jain and Suresh Jain are mutual person
Charges (Loans)
Open Charges
₹72.36 Cr
Satisfied Charges
₹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.
Latest Updates, News, and FAQs on Advance Panels And Switchgears
Recent activity within the organization
- Charges
A charge with Others of Rs. 20.00 Cr registered on 27 Sep 2021 with Charge ID 100489021 was modified on 01 Oct 2024.
- Annual General Meeting
Advance Panels And Switchgears Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Charges
A charge with Hdfc Bank Limited of Rs. 20.00 Cr registered on 19 Jun 2020 with Charge ID 100343339 was modified on 12 Sep 2024.
- Balance Sheet
Advance Panels And Switchgears Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Delhi.
- Charges
A charge registered on 05 Jan 2022 via Charge ID 100529760 with Others was fully satisfied on 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.
Frequently asked questions
What is the Incorporation or founding date of Advance Panels And Switchgears Private Limited?
Advance Panels And Switchgears Private Limited was incorporated on 03 Jun 2002.
What is authorized share capital and paid-up capital of Advance Panels And Switchgears Private Limited?
The authorized share capital of Advance Panels And Switchgears Private Limited is ₹ 10.00 Cr and paid-up capital is ₹ 7.90 Cr.
Who are the current board members & directors of Advance Panels And Switchgears Private Limited?
Currently 4 directors are associated with Advance Panels And Switchgears Private Limited.
- Dali Chand Jain
- Jas Kanwar Jain
- Jitendra Jain
- Suresh Raj Jain
What is the registered address of Advance Panels And Switchgears Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Advance Panels And Switchgears Private Limited is A 257 Dsidc Narela Industrialpark India, Delhi, 110040.
What is the corporate identification number (CIN) and company number of Advance Panels And Switchgears Private Limited?
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).
What is the official website of Advance Panels And Switchgears Private Limited?
The Official website of Advance Panels And Switchgears Private Limited is https://www.advancepanels.com
What has been the recent revenue trend for Advance Panels And Switchgears Private Limited?
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%.
How many employees does Advance Panels And Switchgears Private Limited currently have?
As Per 2022 financial reports, 708 employees are currently employed by Advance Panels And Switchgears Private Limited.
What change has been observed in the net worth of Advance Panels And Switchgears Private Limited, and by what percentage?
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%.
What are the total open charges for Advance Panels And Switchgears Private Limited?
As per the financial statements for fiscal Year 2022, The total open charges for Advance Panels And Switchgears Private Limited amount to ₹ 72.36 Cr.
When was the last Balance Sheet of Advance Panels And Switchgears Private Limited filed with the ROC?
The most recent Balance Sheet for Advance Panels And Switchgears Private Limited was filed with the ROC on 31 Mar 2024.
Unlock Business Insights – Explore Instantly!
Search company & director profiles for free and gain access to critical business data.
- 3.1M+ Companies
- 15M+ Legal Cases
- 525K+ Credit Ratings
- 5.8M+ Directors & KMP
- 750K+ Regulatory Alerts
- 1.1M+ Companies' Financial Records
People also Viewed
ML
Mahveer LodhaDirector
Similar Companies Based on Power Equipment Manufacturers
Vestas Wind Technology India Private Limited Kanchipuram, Tamil Nadu, India
Siemens Gamesa Renewable Power Private Limited Tiruvallur, Tamil Nadu, India
Kirloskar Oil Engines Limited Pune, Maharashtra, India
Hitachi Energy India Limited Bangaluru, Karnataka, India
Abb India Limited Bangaluru, Karnataka, India
Bharat Heavy Electricals Limited Delhi, India
Waaree Energies Limited Mumbai, Maharashtra, India
Cummins India Limited Pune, Maharashtra, India