Avance Lighting Industries Private Limited

Manufactures and distributes torches, batteries, and flashlights, provides maintenance and repair services, and offers consultancy and expert advice.

2020 | Mumbai, Maharashtra (India) | Active
Last Updated: November 08, 2024

Avance Lighting Industries Profile

Key Indicators

  • Authorised Capital ₹ 5.00 M
  • Paid Up Capital ₹ 1.00 M
  • Company Age 5 Year, 26 Days
  • Last Filing with ROC 31 Mar 2023
  • Revenue Growth 34.69%
  • Profit Growth 28.55%
  • Ebitda -11.76%
  • Net Worth 129.31%
  • Total Assets 163.64%

About Avance Lighting Industries

Avance Lighting Industries Private Limited (ALIPL) is a registered startup operating as a Private Limited Indian Non-Government Company incorporated in India on 30 January 2020 (Five years 26 days old ). Its registered office is in Mumbai, Maharashtra, India.

The Company is engaged in the Consumer Electronics & Durables 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 5.00 M and a paid-up capital of Rs 1.00 M, as per Ministry of Corporate Affairs (MCA) records.

Rahul Nahar, Sumit Baid, Rajesh Baid, and One other member serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    avanceindustries.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U29309MH2020PTC336880

  • Company No.

    336880

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    30 Jan 2020

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Consumer Electronics & Durables

Who are the key members and board of directors at Avance Lighting Industries?

Board Members (4)

NameDesignationAppointment DateStatus
Rahul Nahar Country flag representing In Director 30-Jan-2020Current
Sumit Baid Country flag representing In Director 22-Nov-2021Current
Rajesh Baid Country flag representing In Director 30-Jan-2020Current
Ankit Jain Country flag representing In Director 30-Jan-2020Current

Financial Performance of Avance Lighting Industries.

Avance Lighting Industries Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 34.69% increase. The company also saw a substantial improvement in profitability, with a 28.55% increase in profit. The company's net worth Soared by an impressive increase of 129.31%.

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
34.69%
Revenue from Operations
34.69%
Total Assets
163.64%
Profit or Loss
28.55%
Net Worth
129.31%
EBITDA
-11.76%

What is the Ownership and Shareholding Structure of Avance Lighting Industries?

Unlock access to Avance Lighting Industries's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

Shareholding Indicator graph

Charges (Loans)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Avance Lighting Industries?

Avance Lighting Industries has a workforce of 41 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Avance Lighting Industries, 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 Avance Lighting Industries'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 Avance Lighting Industries

Recent activity within the organization

  • Annual General Meeting

    Avance Lighting Industries Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Avance Lighting Industries Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

    31 Mar 2023

  • Director Appointment

    Sumit Baid was appointed as a Director was appointed as a Director on 22 Nov 2021 & has been associated with this company since 3 years 3 months .

    22 Nov 2021

  • Director Appointment

    Rahul Premchand Nahar was appointed as a Director was appointed as a Director on 30 Jan 2020 & has been associated with this company since 5 years 26 days .

    30 Jan 2020

  • Director Appointment

    Rajesh Kumar Kamal Chand Baid was appointed as a Director was appointed as a Director on 30 Jan 2020 & has been associated with this company since 5 years 26 days .

    30 Jan 2020

  • Director Appointment

    Ankit Baid Jain was appointed as a Director was appointed as a Director on 30 Jan 2020 & has been associated with this company since 5 years 26 days .

    30 Jan 2020

Frequently asked questions

  • Avance Lighting Industries Private Limited was incorporated on 30 Jan 2020.

  • The authorized share capital of Avance Lighting Industries Private Limited is ₹ 5.00 M and paid-up capital is ₹ 1.00 M.

  • Currently 4 directors are associated with Avance Lighting Industries Private Limited.

    • Rahul Premchand Nahar
    • Sumit Baid
    • Rajesh Kumar Kamal Chand Baid
    • Ankit Baid Jain
  • As per Ministry of Corporate Affairs (Mca), the registered address of Avance Lighting Industries Private Limited is Shop No- 313 Powai Plaza, Cst No.5 Mtrn Room 31 Hiranandani Garden India, Mumbai, Maharashtra, 400076.

  • The corporate identification number (CIN) of Avance Lighting Industries Private Limited is U29309MH2020PTC336880 and the company number is 336880 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Avance Lighting Industries Private Limited is https://www.avanceindustries.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Avance Lighting Industries Private Limited has risen by 34.69%.

  • As Per 2023 financial reports, 41 employees are currently employed by Avance Lighting Industries Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Avance Lighting Industries Private Limited has experienced an upsurge of 129.31%.

  • The most recent Balance Sheet for Avance Lighting Industries Private Limited was filed with the ROC on 31 Mar 2023.