Advik Auto Private Limited

Manufactures and sells vacuum and oil pumps for automotive industry.

2009 | Anekal Taluk Bangalore, Karnataka (India) | Active
Last Updated: June 15, 2024

Advik Auto Profile

Key Indicators

  • Authorised Capital ₹ 27.00 Cr
  • Paid Up Capital ₹ 14.94 Cr
  • Company Age 15 Year, 11 Months
  • Last Filing with ROC 31 Mar 2023
  • Satisfied Charges ₹ 3.07 Cr
  • Revenue Growth 58.66%
  • Profit Growth 112.66%
  • Ebitda 89.19%
  • Net Worth 61.11%
  • Total Assets 79.32%

About Advik Auto

Advik Auto Private Limited (AAPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 24 February 2009 and has a history of 15 years and 11 months. Its registered office is in Anekal Taluk Bangalore, Karnataka, India.

The Corporate was formerly known as Hanon Bangalore Operations Private Limited. The Company is engaged in the Machinery And Equipment 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 27.00 Cr and a paid-up capital of Rs 14.94 Cr.

The company has closed loans amounting to ₹3.07 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Advik Auto Private Limited India is Apurva Vaidya as COMPANY SECRETARY. Prem Gajpal and Aditya Bhartia serve as directors at the Company.

Company Details

  • Location

    Anekal Taluk Bangalore, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U34102KA2009PTC049218

  • Company No.

    049218

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    24 Feb 2009

  • Date of AGM

    22 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Machinery and Equipment

Who are the key members and board of directors at Advik Auto?

Executive Team (1)

NameDesignationAppointment DateStatus
Apurva Vaidya Company Secretary09-May-2022Current

Board Members (2)

NameDesignationAppointment DateStatus
Prem Gajpal Country flag representing In Director 26-Feb-2021Current
Aditya Bhartia Country flag representing In Director 26-Feb-2021Current

Financial Performance of Advik Auto.

Advik Auto Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 58.66% increase. The company also saw a substantial improvement in profitability, with a 112.66% increase in profit. The company's net worth Soared by an impressive increase of 61.11%.

Graph illustrating revenue growth over time
Graph showing 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
58.66%
Revenue from Operations
55.48%
Total Assets
79.32%
Profit or Loss
112.66%
Net Worth
61.11%
EBITDA
89.19%

What is the Ownership and Shareholding Structure of Advik Auto?

In 2023, Advik Auto had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹3.07 Cr

Charges Breakdown by Lending Institutions

  • Canara Bank : 3.07 Cr

Latest Charge Details

DateLenderAmountStatus
15 Oct 2010Canara Bank₹3.00 CrSatisfied
29 Sep 2009Canara Bank₹0.65 MSatisfied

How Many Employees Work at Advik Auto?

Advik Auto has a workforce of 23 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Advik Auto, 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 Advik Auto'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 Advik Auto

Recent activity within the organization

  • Annual General Meeting

    Advik Auto Private Limited last Annual general meeting of members was held on 22 Sep 2023 as per latest MCA records.

    22 Sep 2023

  • Balance Sheet

    Advik Auto Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.

    31 Mar 2023

  • Director Appointment

    Apurva Nitin Vaidya was appointed as a Company Secretary was appointed as a Company Secretary on 09 May 2022 & has been associated with this company since 2 years 8 months .

    09 May 2022

  • Director Appointment

    Aditya Bhartia was appointed as a Director was appointed as a Director on 26 Feb 2021 & has been associated with this company since 3 years 11 months .

    26 Feb 2021

  • Director Appointment

    Prem Prakash Gajpal was appointed as a Director was appointed as a Director on 26 Feb 2021 & has been associated with this company since 3 years 11 months .

    26 Feb 2021

  • Charges

    A charge registered on 29 Sep 2009 via Charge ID 10184750 with Canara Bank was fully satisfied on 13 Feb 2017.

    13 Feb 2017

Recent News, Updates & Announcement

Frequently asked questions

  • Advik Auto Private Limited was incorporated on 24 Feb 2009.

  • The authorized share capital of Advik Auto Private Limited is ₹ 27.00 Cr and paid-up capital is ₹ 14.94 Cr.

  • Currently 3 directors are associated with Advik Auto Private Limited.

    • Prem Prakash Gajpal
    • Apurva Nitin Vaidya
    • Aditya Bhartia
  • As per Ministry of Corporate Affairs (Mca), the registered address of Advik Auto Private Limited is Plot. No. 25 (Sub- Layout) 4Th Phase Bommasandra Industrial Area Jigani Link, Road, Anekal Taluk Bangalore, Karnataka, India, 560099.

  • The corporate identification number (CIN) of Advik Auto Private Limited is U34102KA2009PTC049218 and the company number is 049218 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Advik Auto Private Limited is https://www.hanonsystems.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Advik Auto Private Limited has risen by 58.66%.

  • As Per 2023 financial reports, 23 employees are currently employed by Advik Auto Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Advik Auto Private Limited has experienced an upsurge of 61.11%.

  • The most recent Balance Sheet for Advik Auto Private Limited was filed with the ROC on 31 Mar 2023.

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