Advantec Casting Private Limited

Manufacturer of investment castings for various industries including automotive, textile, and hardware.

2015 | Rajkot, Gujarat (India) | Active
Last Updated:

Advantec Casting Profile

Key Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 1.00 Cr
  • Company Age 9 Year, 5 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 4.38 Cr
  • Revenue Growth 49.20%
  • Profit Growth 48.02%
  • Ebitda 55.40%
  • Net Worth 24.70%
  • Total Assets -8.24%

About Advantec Casting

Advantec Casting Private Limited (ACPL) is a Private Limited Indian Non-Government Company incorporated in India on 10 December 2015 (Nine years and five months 11 days old ). Its registered office is in Rajkot, Gujarat, India.

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 2024. 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.

Rajeshkumar Kardani, Sagarbhai Kalaria, Prashant Hinsu, and One other member serve as directors at the Company.

Company Details

  • Location

    Rajkot, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U27300GJ2015PTC085317

  • Company No.

    085317

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    10 Dec 2015

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Manufacturing

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.

Company report

Advantec Casting Private Limited

Explore comprehensive data for Advantec Casting Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Advantec Casting?

Board Members (4)

NameDesignationAppointment DateStatus
Sagarbhai Kalaria Country flag representing In Director 31-Dec-2016Current
Rajeshkumar Kardani Country flag representing In Director 10-Dec-2015Current
Prashant Hinsu Country flag representing In Director 29-Aug-2018Current
Anilkumar Changela Country flag representing In Director 10-Dec-2015Current

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%.

Advantec Casting revenue growth over time
Advantec Casting 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
49.20%
Revenue from Operations
49.43%
Total Assets
-8.24%
Profit or Loss
48.02%
Net Worth
24.70%
EBITDA
55.40%

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.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹4.38 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 3.00 Cr
  • Others : 1.38 Cr

Latest Charge Details

DateLenderAmountStatus
28 Apr 2022Hdfc Bank Limited₹1.50 CrOpen
22 Apr 2022Hdfc Bank Limited₹1.50 CrOpen
14 Oct 2016Others₹1.38 CrOpen

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.

Employee growth trends for Advantec Casting Private Limited

Deals i

Graph showing company valuation over time

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

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 Advantec Casting

Recent activity within the organization

  • Annual General Meeting

    Advantec Casting Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Balance Sheet

    Advantec Casting Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 1.50 Cr with Charge ID 100567266 was registered on 28 Apr 2022.

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 1.50 Cr with Charge ID 100567374 was registered on 22 Apr 2022.

  • Director Appointment

    Prashant Nanjibhai Hinsu was appointed as a Director was appointed as a Director on 29 Aug 2018 & has been associated with this company since 6 years 8 months .

  • Charges

    A charge with Others of Rs. 1.38 Cr registered on 14 Oct 2016 with Charge ID 100057943 was modified on 19 Jul 2017.

Frequently asked questions

  • What is the Incorporation or founding date of Advantec Casting Private Limited?

    Advantec Casting Private Limited was incorporated on 10 Dec 2015.

  • What is authorized share capital and paid-up capital of Advantec Casting Private Limited?

    The authorized share capital of Advantec Casting Private Limited is ₹ 1.00 Cr and paid-up capital is ₹ 1.00 Cr.

  • Who are the current board members & directors of Advantec Casting Private Limited?

    Currently 4 directors are associated with Advantec Casting Private Limited.

    • Rajeshkumar Ratilal Kardani
    • Sagarbhai Bharatbhai Kalaria
    • Prashant Nanjibhai Hinsu
    • Anilkumar Vallabhbhai Changela
  • What is the registered address of Advantec Casting Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Advantec Casting Private Limited is Plot No. 49 50 74 75 Kishan Industrial Estate Opp Pentagon Forge Ltd Nr Toll, Nh-27 India, Bharudi, Gujarat, 360311.

  • What is the corporate identification number (CIN) and company number of Advantec Casting Private Limited?

    The corporate identification number (CIN) of Advantec Casting Private Limited is U27300GJ2015PTC085317 and the company number is 085317 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Advantec Casting Private Limited?

    The Official website of Advantec Casting Private Limited is https://www.advanteccasting.com

  • What has been the recent revenue trend for Advantec Casting Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Advantec Casting Private Limited has risen by 49.20%.

  • How many employees does Advantec Casting Private Limited currently have?

    As Per 2023 financial reports, 12 employees are currently employed by Advantec Casting Private Limited.

  • What change has been observed in the net worth of Advantec Casting Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Advantec Casting Private Limited has experienced an upsurge of 24.70%.

  • What are the total open charges for Advantec Casting Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Advantec Casting Private Limited amount to ₹ 4.38 Cr.

  • When was the last Balance Sheet of Advantec Casting Private Limited filed with the ROC?

    The most recent Balance Sheet for Advantec Casting Private Limited was filed with the ROC on 31 Mar 2024.

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