Advantage Foods Profile
Key Indicators
- Authorised Capital ₹ 2.50 Cr
- Paid Up Capital ₹ 2.50 Cr
- Company Age 13 Year, 1 Month
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 7.50 M
- Satisfied Charges ₹ 15.97 Cr
- Revenue Growth 48.39%
- Profit Growth 136.05%
- Ebitda 161.64%
- Net Worth 3.96%
- Total Assets 16.07%
About Advantage Foods
Advantage Foods Private Limited (AFPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 10 January 2012 and has a history of 13 years and one month. Its registered office is in Chennai, Tamil Nadu, India.
The Corporate was formerly known as Cool Cream Milano Private Limited. The Company is engaged in the Travel And Hospitality 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 2.50 Cr and a paid-up capital of Rs 2.50 Cr.
The company currently has active open charges totaling ₹7.50 M. The company has closed loans amounting to ₹15.97 Cr, as per Ministry of Corporate Affairs (MCA) records.
Badurunnisa Mahadevan, Tarun Mahadevan, and Mahadevan serve as directors at the Company.
Company Details
- Location
Chennai, Tamil Nadu, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media -
Corporate Identity Details
- CIN/LLPIN
U15490TN2012PTC083917
- Company No.
083917
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
10 Jan 2012
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Chennai
Industry
Who are the key members and board of directors at Advantage Foods?
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Badurunnisa Mahadevan  | Director | 18-Jul-2020 | Current |
| Tarun Mahadevan | Director | 30-Mar-2019 | Current |
| Mahadevan | Director | 10-Jan-2012 | Current |
Financial Performance of Advantage Foods.
Advantage Foods Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 48.39% increase. The company also saw a substantial improvement in profitability, with a 136.05% increase in profit. The company's net worth moved up by a moderate rise of 3.96%.
- Key Matrics
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What is the Ownership and Shareholding Structure of Advantage Foods?
In 2023, Advantage Foods had a promoter holding of 100.00%. The company had 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Ambattur Enterprises Private LimitedBadurunnisa Mahadevan is a mutual person
Oriental Bakery Private LimitedMahadevan is a mutual person
Poddar Pigments LimitedMahadevan is a mutual person
Cc Food Network Private LimitedMahadevan is a mutual person
B & M Hotbreads Private LimitedBadurunnisa Mahadevan, Tarun Mahadevan and 1 more are mutual person
- Tusker (India) Engineers Private Limited
Badurunnisa Mahadevan and Tarun Mahadevan are mutual person
Charges (Loans)
₹0.75 Cr
₹15.97 Cr
Charges Breakdown by Lending Institutions
- City Union Bank Limited : 0.75 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 12 Mar 2022 | City Union Bank Limited | ₹7.50 M | Open |
| 27 Aug 2020 | City Union Bank Limited | ₹5.40 Cr | Satisfied |
| 17 Dec 2019 | Others | ₹0.68 M | Satisfied |
| 30 Dec 2018 | Others | ₹10.00 Cr | Satisfied |
| 14 Nov 2017 | City Union Bank Limited | ₹5.00 M | Satisfied |
How Many Employees Work at Advantage Foods?
Advantage Foods has a workforce of 272 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 Advantage Foods, 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 Advantage Foods'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.
