Advanced Contractors & Engineers Private Limited

Provides construction, engineering, and consultancy services, as well as renting machinery.

1998 | Siliguri, West Bengal (India) | Active
Last Updated: July 02, 2024

Advanced Contractors & Engineers Profile

Key Indicators

  • Authorised Capital ₹ 4.00 M
  • Paid Up Capital ₹ 3.90 M
  • Company Age 26 Year, 10 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 1.85 Cr
  • Satisfied Charges ₹ 2.54 M
  • Revenue Growth 7.55%
  • Profit Growth 31.67%
  • Ebitda 9.49%
  • Net Worth 2.81%
  • Total Assets 8.51%

About Advanced Contractors & Engineers

Advanced Contractors & Engineers Private Limited (ACEPL) is a Private Limited Indian Non-Government Company incorporated in India on 06 March 1998 and has a history of 26 years and ten months. Its registered office is in Siliguri, West Bengal, India.

The Corporate was formerly known as Pecon Infomatics Private Limited. The Company is engaged in the Infrastructure And Utilities 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 4.00 M and a paid-up capital of Rs 3.90 M.

The company currently has active open charges totaling ₹1.85 Cr. The company has closed loans amounting to ₹2.54 M, as per Ministry of Corporate Affairs (MCA) records.

Suresh Agarwal, Rajeev Agarwal, Rahul Jajodia, and Two other members serve as directors at the Company.

Company Details

  • Location

    Siliguri, West Bengal, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U72200WB1998PTC086714

  • Company No.

    086714

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    06 Mar 1998

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Kolkata

Industry

Infrastructure and Utilities

Who are the key members and board of directors at Advanced Contractors & Engineers?

Board Members (5)

NameDesignationAppointment DateStatus
Rajeev Agarwal Country flag representing In Director 10-Aug-2013Current
Jayesh Sinhal Country flag representing In Director 04-Jul-2018Current
Suresh Agarwal Country flag representing In Director 14-May-2009Current
Rahul Jajodia Country flag representing In Director 05-Dec-2022Current
Navin Agarwala Country flag representing In Director 05-Dec-2022Current

Financial Performance of Advanced Contractors & Engineers.

Advanced Contractors & Engineers Private Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 7.55% increase. The company also saw a substantial improvement in profitability, with a 31.67% increase in profit. The company's net worth moved up by a moderate rise of 2.81%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
7.55%
Revenue from Operations
8.43%
Total Assets
8.51%
Profit or Loss
31.67%
Net Worth
2.81%
EBITDA
9.49%

What is the Ownership and Shareholding Structure of Advanced Contractors & Engineers?

In 2023, Advanced Contractors & Engineers had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹18.49 M

Satisfied Charges

₹2.54 M

Charges Breakdown by Lending Institutions

  • State Bank Of India : 1.60 Cr
  • Bank Of India : 0.25 Cr

Latest Charge Details

DateLenderAmountStatus
30 Aug 2022Bank Of India₹2.49 MOpen
30 Nov 2018State Bank Of India₹1.60 CrOpen
22 Dec 2012Srei Equipment Finance Private Limited₹2.54 MSatisfied

How Many Employees Work at Advanced Contractors & Engineers?

Advanced Contractors & Engineers has a workforce of 3 employees as of Mar 31, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Advanced Contractors & Engineers, 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 Contractors & Engineers's trajectory.

Rating

Graph displaying rating trends over time

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

Alert Indicator

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 Contractors & Engineers

Recent activity within the organization

  • Annual General Meeting

    Advanced Contractors & Engineers Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Advanced Contractors & Engineers Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Kolkata.

    31 Mar 2023

  • Charges

    A charge with State Bank Of India of Rs. 16.00 M registered on 30 Nov 2018 with Charge ID 100222388 was modified on 13 Feb 2023.

    13 Feb 2023

  • Director Appointment

    Rahul Jajodia was appointed as a Director was appointed as a Director on 05 Dec 2022 & has been associated with this company since 2 years 1 month .

    05 Dec 2022

  • Director Appointment

    Navin Agarwala was appointed as a Director was appointed as a Director on 05 Dec 2022 & has been associated with this company since 2 years 1 month .

    05 Dec 2022

  • Charges

    A charge with Bank Of India amounted to Rs. 2.49 M with Charge ID 100643382 was registered on 30 Aug 2022.

    30 Aug 2022

Frequently asked questions

  • Advanced Contractors & Engineers Private Limited was incorporated on 06 Mar 1998.

  • The authorized share capital of Advanced Contractors & Engineers Private Limited is ₹ 4.00 M and paid-up capital is ₹ 3.90 M.

  • Currently 5 directors are associated with Advanced Contractors & Engineers Private Limited.

    • Suresh Kumar Agarwal
    • Rajeev Agarwal
    • Rahul Jajodia
    • Navin Agarwala
    • Jayesh Sinhal
  • As per Ministry of Corporate Affairs (Mca), the registered address of Advanced Contractors & Engineers Private Limited is Ram Niwas Group 4Th Floor Shahid Bhagat Singh Market Complex Sevo, Ke Road, Siliguri, West Bengal, India, 734001.

  • The corporate identification number (CIN) of Advanced Contractors & Engineers Private Limited is U72200WB1998PTC086714 and the company number is 086714 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Advanced Contractors & Engineers Private Limited has risen by 7.55%.

  • As Per 2023 financial reports, 3 employees are currently employed by Advanced Contractors & Engineers Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Advanced Contractors & Engineers Private Limited has experienced an upsurge of 2.81%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Advanced Contractors & Engineers Private Limited amount to ₹ 1.85 Cr.

  • The most recent Balance Sheet for Advanced Contractors & Engineers Private Limited was filed with the ROC on 31 Mar 2023.

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