Advik Hi-Tech Profile
Key Indicators
- Authorised Capital ₹ 26.81 Cr
- Paid Up Capital ₹ 2.36 Cr
- Company Age 26 Year, 2 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 127.50 Cr
- Satisfied Charges ₹ 222.33 Cr
- Revenue Growth -2.19%
- Profit Growth 207.29%
- Ebitda 30.67%
- Net Worth 30.09%
- Total Assets 21.03%
About Advik Hi-Tech
Advik Hi-Tech Private Limited (AHPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 12 November 1998 and has a history of 26 years and two months. Its registered office is in Pune, Maharashtra, 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 26.81 Cr and a paid-up capital of Rs 2.36 Cr.
The company currently has active open charges totaling ₹127.50 Cr. The company has closed loans amounting to ₹222.33 Cr, as per Ministry of Corporate Affairs (MCA) records.
Aditya Bhartia, Radhe Bhartia, and Prem Gajpal serve as directors at the Company.
Company Details
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Location
Pune, Maharashtra, 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
U29299PN1998PTC013028
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Company No.
013028
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
12 Nov 1998
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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 Pune
Industry
What products or services does Advik Hi-Tech Private Limited offer?
Advik Hi-Tech Private Limited offers a wide range of products and services, including Pumps, Pumping Machines & Spares, Water Pumps, Automobile Fittings & Components, Two Wheeler Parts, Gearbox, Axle, Sprocket & Gear Parts, Gear parts, Gearbox Parts, Moulds, Jigs and Casting Dies, Jigs, Thermometers & Flowmeters.
Who are the key members and board of directors at Advik Hi-Tech?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Aditya Bhartia
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Managing Director | 31-Mar-2000 | Current |
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
|
Radhe Bhartia
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Whole-Time Director | 12-Nov-1998 | Current |
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Prem Gajpal
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Director | 01-Apr-2019 | Current |
Financial Performance of Advik Hi-Tech.
Advik Hi-Tech Private Limited, for the financial year ended 2021, experienced Minor drop in revenue, with a 2.19% decrease. The company also saw a substantial improvement in profitability, with a 207.29% increase in profit. The company's net worth Soared by an impressive increase of 30.09%.
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What is the Ownership and Shareholding Structure of Advik Hi-Tech?
In 2021, Advik Hi-Tech had a promoter holding of 23.00% and a public holding of 77.00%. The company had 4 Subsidiaries. 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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Advik Auto Private LimitedAditya Bhartia and Prem Gajpal are mutual person
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Advik Precision Private LimitedAditya Bhartia is a mutual person
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Advik Autocomp Private Limited
Aditya Bhartia and Prem Gajpal are mutual person
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Advik H2x Private Limited
Aditya Bhartia is a mutual person
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Advik Pure Hydrogen India Private Limited
Aditya Bhartia is a mutual person
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Advik Techno Products Private Limited
Aditya Bhartia and Prem Gajpal are mutual person
Charges (Loans)
₹127.50 Cr
₹222.33 Cr
Charges Breakdown by Lending Institutions
- Hdfc Bank Limited : 55.00 Cr
- Citi Bank N.A. : 30.00 Cr
- The Hongkong And Shanghai Banking Corporation Limited : 15.00 Cr
- Others : 15.00 Cr
- Citibank N. A. : 12.50 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 14 Oct 2023 | Citi Bank N.A. | ₹10.00 Cr | Open |
| 21 Jul 2022 | Others | ₹15.00 Cr | Open |
| 31 May 2022 | Hdfc Bank Limited | ₹35.00 Cr | Open |
| 02 Feb 2021 | Citi Bank N.A. | ₹20.00 Cr | Open |
| 09 Jul 2019 | The Hongkong And Shanghai Banking Corporation Limited | ₹15.00 Cr | Open |
How Many Employees Work at Advik Hi-Tech?
Advik Hi-Tech has a workforce of 667 employees as of Apr 01, 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 Advik Hi-Tech, 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 Hi-Tech'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.
