Advantec Wheels Profile
Key Indicators
- Authorised Capital ₹ 10.00 Cr
- Paid Up Capital ₹ 5.00 Cr
- Company Age 4 Year, 7 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 seven months 17 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.
Ravinder Arora, Sukhbir Singh, Anil Suri, and Two other members serve as directors at the Company.
Company Details
- Location
Delhi, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U34300DL2020PTC370350
- Company No.
370350
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
23 Sep 2020
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Delhi
Industry
Automotive
Advantec Wheels Private Limited
Explore comprehensive data for Advantec Wheels Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Advantec Wheels?
Board Members (5)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Sukhbir Singh  | Director | 23-Sep-2020 | Current |
| Ravinder Arora | Director | 23-Sep-2020 | Current |
| Anil Suri | Additional Director | 02-Aug-2024 | Current |
| Jasneet Singh | Director | 23-Sep-2020 | Current |
| Jagjot Singh | 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%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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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)
Tawi Arc Electrodes Private LimitedAnil Suri is a mutual person
- Acme Drinktec Solutions Llp
Sukhbir Singh and Jasneet Singh are mutual person
- Acme Regency Private Limited
Sukhbir Singh is a mutual person
- Technisch Kaizen Services Private Limited
Anil Suri is a mutual person
Charges (Loans)
Open Charges
₹38.80 Cr
Satisfied Charges
₹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.
Latest Updates, News, and FAQs on Advantec Wheels
Recent activity within the organization
- Annual General Meeting
Advantec Wheels Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Director Appointment
Anil Suri was appointed as a Additional Director was appointed as a Additional Director on 02 Aug 2024 & has been associated with this company since 9 months 8 days .
- Balance Sheet
Advantec Wheels Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Delhi.
- Director Appointment
Jagjot Singh was appointed as a Director was appointed as a Director on 17 Aug 2023 & has been associated with this company since 1 year 8 months .
- Charges
A charge with The Jammu And Kashmir Bank Limited amounted to Rs. 38.80 Cr with Charge ID 100708544 was registered on 12 Apr 2023.
- Director Appointment
Ravinder Arora was appointed as a Director was appointed as a Director on 23 Sep 2020 & has been associated with this company since 4 years 7 months .
Frequently asked questions
What is the Incorporation or founding date of Advantec Wheels Private Limited?
Advantec Wheels Private Limited was incorporated on 23 Sep 2020.
What is authorized share capital and paid-up capital of Advantec Wheels Private Limited?
The authorized share capital of Advantec Wheels Private Limited is ₹ 10.00 Cr and paid-up capital is ₹ 5.00 Cr.
Who are the current board members & directors of Advantec Wheels Private Limited?
Currently 5 directors are associated with Advantec Wheels Private Limited.
- Ravinder Arora
- Sukhbir Singh
- Anil Suri
- Jasneet Singh
- Jagjot Singh
What is the registered address of Advantec Wheels Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Advantec Wheels Private Limited is C-65, Phase-2 Mayapuri Industrial Area India, Delhi, 110064.
What is the corporate identification number (CIN) and company number of Advantec Wheels Private Limited?
The corporate identification number (CIN) of Advantec Wheels Private Limited is U34300DL2020PTC370350 and the company number is 370350 as per Ministry of Corporate Affairs (MCA).
What is the official website of Advantec Wheels Private Limited?
The Official website of Advantec Wheels Private Limited is https://www.advantecwheels.com
What has been the recent revenue trend for Advantec Wheels Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Advantec Wheels Private Limited has fallen by -98.01%.
What change has been observed in the net worth of Advantec Wheels Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Advantec Wheels Private Limited has experienced an upsurge of 366.44%.
What are the total open charges for Advantec Wheels Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Advantec Wheels Private Limited amount to ₹ 38.80 Cr.
When was the last Balance Sheet of Advantec Wheels Private Limited filed with the ROC?
The most recent Balance Sheet for Advantec Wheels Private Limited was filed with the ROC on 31 Mar 2024.
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