Advantec Wheels Profile
Key Indicators
- Authorised Capital ₹ 10.00 Cr
- Paid Up Capital ₹ 5.00 Cr
- Company Age 4 Year, 4 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 38.80 Cr
- Revenue Growth -98.01%
- Profit Growth -114.88%
- Ebitda -239.91%
- Net Worth 366.44%
- Total Assets 456.84%
About Advantec Wheels
Advantec Wheels Private Limited (AWPL) is a registered startup operating as a Private Limited Indian Non-Government Company incorporated in India on 23 September 2020 (Four years and four months 11 days old ). Its registered office is in Delhi, India.
The Company is engaged in the Automotive 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 10.00 Cr and a paid-up capital of Rs 5.00 Cr.
The company currently has active open charges totaling ₹38.80 Cr.
Company Details
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Location
Delhi, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media
Corporate Identity Details
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CIN/LLPIN
U34300DL2020PTC370350
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Company No.
370350
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
23 Sep 2020
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Date of AGM
30 Sep 2024
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Date of Balance Sheet
31 Mar 2024
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Listing Status
Unlisted
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ROC Code
Roc Delhi
Industry
Who are the key members and board of directors at Advantec Wheels?
Board Members (5)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Sukhbir Singh
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Director | 23-Sep-2020 | Current |
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Ravinder Arora
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Director | 23-Sep-2020 | Current |
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Anil Suri
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Additional Director | 02-Aug-2024 | Current |
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Jasneet Singh
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Director | 23-Sep-2020 | Current |
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Jagjot Singh
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Director | 17-Aug-2023 | Current |
Financial Performance of Advantec Wheels.
Advantec Wheels Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 98.01% decrease. The company also saw a substantial fall in profitability, with a 114.88% decrease in profit. The company's net worth Soared by an impressive increase of 366.44%.
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What is the Ownership and Shareholding Structure of Advantec Wheels?
In 2023, Advantec Wheels had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
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Tawi Arc Electrodes Private LimitedAnil Suri is a mutual person
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Acme Drinktec Solutions LlpSukhbir Singh and Jasneet Singh are mutual person
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Acme Regency Private Limited
Sukhbir Singh is a mutual person
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Technisch Kaizen Services Private Limited
Anil Suri is a mutual person
Charges (Loans)
₹38.80 Cr
₹0
Charges Breakdown by Lending Institutions
- The Jammu And Kashmir Bank Limited : 38.80 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 12 Apr 2023 | The Jammu And Kashmir Bank Limited | ₹38.80 Cr | Open |
How Many Employees Work at Advantec Wheels?
Unlock and access historical data on people associated with Advantec Wheels, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Advantec Wheels, 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 Wheels'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.