Advantec Casting Profile
Key Indicators
- Authorised Capital ₹ 1.00 Cr
as on 17-07-2024
- Paid Up Capital ₹ 1.00 Cr
as on 17-07-2024
- Company Age 9 Year, 1 Month
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 4.38 Cr
as on 17-07-2024
- Revenue 49.20%
(FY 2023)
- Profit 48.02%
(FY 2023)
- Ebitda 55.40%
(FY 2023)
- Net Worth 24.70%
(FY 2023)
- Total Assets -8.24%
(FY 2023)
About Advantec Casting
The Company is engaged in the Manufacturing 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 1.00 Cr and a paid-up capital of Rs 1.00 Cr.
The company currently has active open charges totaling ₹4.38 Cr.
Prashant Hinsu, Anilkumar Changela, Sagarbhai Kalaria, and One other member serve as directors at the Company.
- CIN/LLPIN
U27300GJ2015PTC085317
- Company No.
085317
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
10 Dec 2015
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Ahmedabad
Industry
Company Details
- Location
Bharudi, Gujarat, India
- Telephone
- Email Address
- Website
- Social Media-
What products or services does Advantec Casting Private Limited offer?
Advantec Casting Private Limited offers a wide range of products and services, including Die Casting & Investment Castings, Die Cast Components, Pipe Elbows, Pipe Unions, Stainless Steel Union, Industrial & Engineering Goods, Spray Nozzles, Metal Castings, Industrial Casting, Alloy, Metal and Industrial Nuts.
Who are the key members and board of directors at Advantec Casting?
Board Members(4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Sagarbhai Kalaria  | Director | 31-Dec-2016 | Current |
| Prashant Hinsu | Director | 29-Aug-2018 | Current |
| Anilkumar Changela | Director | 10-Dec-2015 | Current |
| Rajeshkumar Kardani | Director | 10-Dec-2015 | Current |
Financial Performance of Advantec Casting.
Advantec Casting Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 49.2% increase. The company also saw a substantial improvement in profitability, with a 48.02% increase in profit. The company's net worth Soared by an impressive increase of 24.7%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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What is the Ownership and Shareholding Structure of Advantec Casting?
In 2021, Advantec Casting had a promoter holding of 17.00% and a public holding of 83.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Hdfc Bank Limited Creation Date: 28 Apr 2022 | ₹1.50 Cr | Open |
Hdfc Bank Limited Creation Date: 22 Apr 2022 | ₹1.50 Cr | Open |
Others Creation Date: 14 Oct 2016 | ₹1.38 Cr | Open |
How Many Employees Work at Advantec Casting?
Advantec Casting has a workforce of 12 employees as of Apr 05, 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 Advantec Casting, 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 Advantec Casting'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.
