Advanced Composites Profile
Key Indicators
- Authorised Capital ₹ 3.00 M
- Paid Up Capital ₹ 2.00 M
- Company Age 36 Year, 10 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 2.11 Cr
- Satisfied Charges ₹ 15.42 Cr
- Revenue Growth 8.57%
- Profit Growth 129.99%
- Ebitda 171.01%
- Net Worth 9.68%
- Total Assets -3.77%
About Advanced Composites
Advanced Composites Private Limited (ACPL) is a Private Limited Indian Non-Government Company incorporated in India on 03 June 1988 and has a history of 36 years and ten months. Its registered office is in Goa, Goa, India.
The Company is engaged in the Machinery And Equipment Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 3.00 M and a paid-up capital of Rs 2.00 M.
The company currently has active open charges totaling ₹2.11 Cr. The company has closed loans amounting to ₹15.42 Cr, as per Ministry of Corporate Affairs (MCA) records.
Shalini Mundhe and Sayes Mundhe serve as directors at the Company.
Company Details
- Location
Goa, Goa, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U26101GA1988PTC000826
- Company No.
000826
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
03 Jun 1988
- Date of AGM
26 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Goa
Industry
Machinery and Equipment
What products or services does Advanced Composites Private Limited offer?
Advanced Composites Private Limited offers a wide range of products and services, including Pressure Vessels, FRP Pressure Vessel, Stainless Steel Pressure Vessel.
Advanced Composites Private Limited
Explore comprehensive data for Advanced Composites Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Advanced Composites?
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Shalini Mundhe  | Director | Current | |
| Sayes Mundhe | Director | Current |
Financial Performance of Advanced Composites.
Advanced Composites Private Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 8.57% increase. The company also saw a substantial improvement in profitability, with a 129.99% increase in profit. The company's net worth moved up by a moderate rise of 9.68%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Advanced Composites?
In 2023, Advanced Composites had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Charges (Loans)
Open Charges
₹21.10 M
Satisfied Charges
₹154.16 M
Charges Breakdown by Lending Institutions
- Bank Of India : 2.11 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 26 Mar 2010 | Bank Of India | ₹2.11 Cr | Open |
| 19 Jun 2012 | Bank Of India | ₹0.88 M | Satisfied |
| 12 Apr 2006 | Bank Of India | ₹4.86 Cr | Satisfied |
| 20 Aug 2003 | Bank Of India | ₹0.50 M | Satisfied |
| 26 Nov 2002 | Edc Ltd | ₹6.00 M | Satisfied |
How Many Employees Work at Advanced Composites?
Advanced Composites has a workforce of 40 employees as of Mar 23, 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 Advanced Composites, 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 Advanced Composites'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 Advanced Composites
Recent activity within the organization
- Annual General Meeting
Advanced Composites Private Limited last Annual general meeting of members was held on 26 Sep 2023 as per latest MCA records.
- Balance Sheet
Advanced Composites Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Goa.
- Charges
A charge with Bank Of India of Rs. 21.10 M registered on 26 Mar 2010 with Charge ID 10218173 was modified on 09 Feb 2022.
- Charges
A charge registered on 12 Apr 2006 via Charge ID 10008480 with Bank Of India was fully satisfied on 29 Jul 2020.
- Charges
A charge registered on 14 Jan 1991 via Charge ID 90076024 with Bank Of India was fully satisfied on 29 Jul 2020.
- Charges
A charge registered on 14 Jan 1991 via Charge ID 90077061 with Bank Of India was fully satisfied on 29 Jul 2020.
Frequently asked questions
What is the Incorporation or founding date of Advanced Composites Private Limited?
Advanced Composites Private Limited was incorporated on 03 Jun 1988.
What is authorized share capital and paid-up capital of Advanced Composites Private Limited?
The authorized share capital of Advanced Composites Private Limited is ₹ 3.00 M and paid-up capital is ₹ 2.00 M.
Who are the current board members & directors of Advanced Composites Private Limited?
Currently 2 directors are associated with Advanced Composites Private Limited.
- Shalini Sayes Mundhe
- Sayes Ram Mundhe
What is the registered address of Advanced Composites Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Advanced Composites Private Limited is Plot No 77/78 89/90Bicholim Industrial Estate Bicholim India, Na, Goa, 403504.
What is the corporate identification number (CIN) and company number of Advanced Composites Private Limited?
The corporate identification number (CIN) of Advanced Composites Private Limited is U26101GA1988PTC000826 and the company number is 000826 as per Ministry of Corporate Affairs (MCA).
What is the official website of Advanced Composites Private Limited?
The Official website of Advanced Composites Private Limited is https://www.acplgoa.com
What has been the recent revenue trend for Advanced Composites Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Advanced Composites Private Limited has risen by 8.57%.
How many employees does Advanced Composites Private Limited currently have?
As Per 2023 financial reports, 40 employees are currently employed by Advanced Composites Private Limited.
What change has been observed in the net worth of Advanced Composites Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Advanced Composites Private Limited has experienced an upsurge of 9.68%.
What are the total open charges for Advanced Composites Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Advanced Composites Private Limited amount to ₹ 2.11 Cr.
When was the last Balance Sheet of Advanced Composites Private Limited filed with the ROC?
The most recent Balance Sheet for Advanced Composites Private Limited was filed with the ROC on 31 Mar 2023.
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