Advith Itec Profile
Key Indicators
- Authorised Capital ₹ 1.00 M
- Paid Up Capital ₹ 0.13 M
- Company Age 4 Year, 11 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 4.47 M
- Revenue Growth 90.02%
- Profit Growth -51.04%
- Ebitda 323.33%
- Net Worth -13.22%
- Total Assets 20.77%
About Advith Itec
Advith Itec Private Limited (AIPL) is a registered startup operating as a Private Limited Indian Non-Government Company incorporated in India on 12 February 2020 (Four years and 11 months 20 days old ). Its registered office is in Bangaluru, Karnataka, India.
The Company is engaged in the Business Outsourcing 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 M and a paid-up capital of Rs 0.13 M.
The company currently has active open charges totaling ₹4.47 M.
Srinivasa Krishna and Rotti Suchindra serve as directors at the Company.
Company Details
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Location
Bangaluru, Karnataka, 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
U74999KA2020PTC132598
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Company No.
132598
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
12 Feb 2020
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Date of AGM
24 Jul 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 Bangalore
Industry
Who are the key members and board of directors at Advith Itec?
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Srinivasa Krishna
|
Director | 17-May-2021 | Current |
|
Rotti Suchindra
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Director | 08-Jun-2021 | Current |
Financial Performance of Advith Itec.
Advith Itec Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 90.02% increase. The company also saw a substantial fall in profitability, with a 51.04% decrease in profit. The company's net worth observed a substantial decline by a decrease of 13.22%.
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What is the Ownership and Shareholding Structure of Advith Itec?
In 2023, Advith Itec had a public holding of 16.25%. 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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Firetide Networks Private LimitedRotti Suchindra is a mutual person
Charges (Loans)
₹4.47 M
₹0
Charges Breakdown by Lending Institutions
- Canara Bank : 0.35 Cr
- Others : 0.10 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 15 Apr 2023 | Canara Bank | ₹0.77 M | Open |
| 24 Nov 2022 | Canara Bank | ₹1.00 M | Open |
| 24 Mar 2022 | Canara Bank | ₹1.70 M | Open |
| 06 Jun 2020 | Others | ₹1.00 M | Open |
How Many Employees Work at Advith Itec?
Advith Itec has a workforce of 23 employees as of Mar 26, 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 Advith Itec, 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 Advith Itec'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.
