Advance Syntex Profile
Key Indicators
- Authorised Capital ₹ 11.50 Cr
- Paid Up Capital ₹ 11.10 Cr
- Company Age 34 Year, 4 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 60.78 Cr
- Satisfied Charges ₹ 27.42 Cr
- Revenue Growth -34.32%
- Profit Growth 58.77%
- Ebitda -1021.18%
- Net Worth -12.32%
- Total Assets -17.85%
About Advance Syntex
Advance Syntex Limited (ASL) is a leading Public Limited Indian Non-Government Company incorporated in India on 21 September 1990 and has a history of 34 years and four months. Its registered office is in Vadodara, Gujarat, India.
It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 539982.
The Corporate was formerly known as Advance Syntex Private Limited. The Company is engaged in the Chemicals And Materials 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 11.50 Cr and a paid-up capital of Rs 11.10 Cr.
The company currently has active open charges totaling ₹60.78 Cr. The company has closed loans amounting to ₹27.42 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Advance Syntex Limited India are Ambica Sharma as COMPANY SECRETARY and Bhavan Vora as Cfo. Ronojoy Basu, Ashish Shukla, Himeshbhai Shah, and Four other members serve as directors at the Company.
Company Details
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Location
Vadodara, Gujarat, 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
L17119GJ1990PLC014406
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Company No.
014406
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Stock Symbol
BSE : 539982
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Company Classification
Public Limited Indian Non-Government Company
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Incorporation Date
21 Sep 1990
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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
Listed
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ROC Code
Roc Ahmedabad
Industry
What products or services does Advance Syntex Limited offer?
Advance Syntex Limited offers a wide range of products and services, including Barcode, Stickers & Luggage Tags, Stickers, Dyes & Color Additives, Organic Pigment, Cosmetics, Hair & Beauty Products, Nail Cosmetics, Metal Complex Pigments, Packaging Films & Foils, Plastic Film, Gifts, Crafts & Artifacts.
Who are the key members and board of directors at Advance Syntex?
Executive Team (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Bhavan Vora
|
CFO | 04-Sep-2017 | Current |
| Ambica Sharma | Company Secretary | 07-Mar-2024 | Current |
Board Members (6)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
|
Ronojoy Basu
|
Director | 05-Sep-2020 | Current |
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Ashish Shukla
|
Director | 02-Feb-2019 | Current |
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Himeshbhai Shah
|
Director | 24-Dec-2015 | Current |
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Darshana Vora
|
Whole-Time Director | 30-Sep-2013 | Current |
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Praful Pandya
|
Director | 15-Dec-2010 | Current |
|
Nandishkumar Gandhi
|
Director | 15-Dec-2010 | Current |
Financial Performance of Advance Syntex.
Advance Syntex Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 34.32% decrease. The company also saw a substantial improvement in profitability, with a 58.77% increase in profit. The company's net worth observed a substantial decline by a decrease of 12.32%.
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What is the Ownership and Shareholding Structure of Advance Syntex?
In 2022, Advance Syntex had a promoter holding of 59.76% and a public holding of 40.24%. 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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Ghushine Fintrrade Ocean LimitedAmbica Sharma is a mutual person
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H B Engineers Private LimitedNandishkumar Gandhi is a mutual person
Charges (Loans)
₹60.78 Cr
₹27.42 Cr
Charges Breakdown by Lending Institutions
- Axis Bank Limited : 50.15 Cr
- Others : 10.44 Cr
- Siemens Financial Services Private Limited : 0.19 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 31 Aug 2020 | Others | ₹4.69 M | Open |
| 31 Aug 2020 | Others | ₹1.51 M | Open |
| 29 Aug 2020 | Others | ₹1.45 M | Open |
| 17 Aug 2020 | Others | ₹2.59 M | Open |
| 24 Jun 2020 | Axis Bank Limited | ₹7.50 M | Open |
How Many Employees Work at Advance Syntex?
Advance Syntex has a workforce of 8 employees as of Apr 09, 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 Syntex, 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 Syntex'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.
