Advance-Tech Controls Private Limited

Provides technology products and services to various industries with industry solutions.

1996 | Vadodara, Gujarat (India) | Active
Last Updated: October 24, 2024

Advance-Tech Controls Profile

Key Indicators

  • Authorised Capital ₹ 5.00 M
  • Paid Up Capital ₹ 5.00 M
  • Company Age 28 Year, 3 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 14.61 Cr
  • Satisfied Charges ₹ 1.75 Cr
  • Revenue Growth 55.56%
  • Profit Growth 23.67%
  • Ebitda -18.16%
  • Net Worth 13.75%
  • Total Assets 28.52%

About Advance-Tech Controls

Advance-Tech Controls Private Limited (ACPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 22 October 1996 and has a history of 28 years and three months. Its registered office is in Vadodara, Gujarat, India.

The Company is engaged in the Information Technology 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 5.00 M and a paid-up capital of Rs 5.00 M.

The company currently has active open charges totaling ₹14.61 Cr. The company has closed loans amounting to ₹1.75 Cr, as per Ministry of Corporate Affairs (MCA) records.

Nijesh Parmar, Pradip Kulkarni, and Arindam Gupta serve as directors at the Company.

Company Details

  • Location

    Vadodara, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U30009GJ1996PTC030974

  • Company No.

    030974

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    22 Oct 1996

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Information Technology

What products or services does Advance-Tech Controls Private Limited offer?

Advance-Tech Controls Private Limited offers a wide range of products and services, including Soldering Machines and Accesories, Soldering Equipment, Testing & Measuring Equipments, Testing Equipment, Inverters, UPS and Converters, Electric Converters, Thermometers & Flowmeters, Flow Meter, Electrical & Electronic Test Devices, Data Loggers.

Who are the key members and board of directors at Advance-Tech Controls?

Executive Team (1)

Name Designation Appointment Date Status
Pradip Kulkarni Country flag representing In Managing Director 22-Oct-1996 Current

Board Members (2)

Name Designation Appointment Date Status
Nijesh Parmar Country flag representing In Whole-Time Director 22-Oct-1996 Current
Arindam Gupta Country flag representing In Whole-Time Director 22-Oct-1996 Current

Financial Performance of Advance-Tech Controls.

Advance-Tech Controls Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 55.56% increase. The company also saw a substantial improvement in profitability, with a 23.67% increase in profit. The company's net worth Soared by an impressive increase of 13.75%.

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
55.56%
Revenue from Operations
50.28%
Total Assets
28.52%
Profit or Loss
23.67%
Net Worth
13.75%
EBITDA
-18.16%

What is the Ownership and Shareholding Structure of Advance-Tech Controls?

In 2023, Advance-Tech Controls had a promoter holding of 99.60% and a public holding of 0.40%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹146.10 M

Satisfied Charges

₹17.50 M

Charges Breakdown by Lending Institutions

  • Axis Bank Limited : 12.85 Cr
  • Citibank N. A. : 1.50 Cr
  • Hdfc Bank Limited : 0.26 Cr

Latest Charge Details

Date Lender Amount Status
30 Jun 2023 Hdfc Bank Limited ₹1.35 M Open
29 Mar 2022 Hdfc Bank Limited ₹1.25 M Open
01 Sep 2020 Axis Bank Limited ₹4.40 M Open
14 Nov 2017 Axis Bank Limited ₹3.00 M Open
09 Jul 2015 Axis Bank Limited ₹11.97 Cr Open

How Many Employees Work at Advance-Tech Controls?

Unlock and access historical data on people associated with Advance-Tech Controls, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Advance-Tech Controls, 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-Tech Controls'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 Advance-Tech Controls

Recent activity within the organization

  • Annual General Meeting

    Advance-Tech Controls 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 with Hdfc Bank Limited amounted to Rs. 1.35 M with Charge ID 100762586 was registered on 30 Jun 2023.

    30 Jun 2023

  • Balance Sheet

    Advance-Tech Controls Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ahmedabad.

    31 Mar 2023

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 1.25 M with Charge ID 100571295 was registered on 29 Mar 2022.

    29 Mar 2022

  • Charges

    A charge with Axis Bank Limited of Rs. 119.70 M registered on 09 Jul 2015 with Charge ID 10589779 was modified on 17 Mar 2022.

    17 Mar 2022

  • Charges

    A charge registered on 11 Apr 2000 via Charge ID 90111514 with Canara Bank was fully satisfied on 03 Nov 2021.

    03 Nov 2021

Frequently asked questions

  • Advance-Tech Controls Private Limited was incorporated on 22 Oct 1996.

  • The authorized share capital of Advance-Tech Controls Private Limited is ₹ 5.00 M and paid-up capital is ₹ 5.00 M.

  • Currently 3 directors are associated with Advance-Tech Controls Private Limited.

    • Nijesh Jayantilal Parmar
    • Pradip Jivan Kulkarni
    • Arindam Devaprasad Gupta
  • As per Ministry of Corporate Affairs (Mca), the registered address of Advance-Tech Controls Private Limited is 83 A G I D Cramangamdi Por India, Baroda, Gujarat, 391243.

  • The corporate identification number (CIN) of Advance-Tech Controls Private Limited is U30009GJ1996PTC030974 and the company number is 030974 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Advance-Tech Controls Private Limited is https://www.advancetech.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Advance-Tech Controls Private Limited has risen by 55.56%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Advance-Tech Controls Private Limited has experienced an upsurge of 13.75%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Advance-Tech Controls Private Limited amount to ₹ 14.61 Cr.

  • The most recent Balance Sheet for Advance-Tech Controls Private Limited was filed with the ROC on 31 Mar 2023.