Advac Projects Private Limited
About Advac Projects Private Limited
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Advac Projects Private Limited is a private limited company based in New Delhi, Delhi, India. It operates in the brokerage and trading services segment of the financial services sector. It was incorporated on 08 July 1988 and has been in existence for over 38 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U74899DL1988PTC032393.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹3.49 Lakh. It was formerly known as Jains Resort Private Limited. It is led by directors Abhash Jain and Aditi Jain.
Its last annual general meeting (AGM) was held on 31 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office is at 1st Floor 14 Rani Jhansi Road, New Delhi, Delhi, India – 110055.
As per the financials filed for FY 2019, the company reported a revenue of ₹11.4 Lakh, a decline of 99% compared to the previous year. For the same year it recorded a net loss of ₹33.87 Lakh (net margin -297%) and EBITDA of -₹21.01 Lakh (EBITDA margin -184.2%). Revenue has grown at a compounded annual rate (CAGR) of 77% over three years and 53% over five years.
As per MCA filings, the company has open charges of ₹58 Lakh on record. Court records list 1 case involving the company, including 1 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Advac Projects Private Limited's registered office is in New Delhi, Delhi. Its e-mail address is in the company report.
- Email
- Registered Address1st Floor 14 Rani Jhansi Road, New Delhi, Delhi, India – 110055
- IndustryFinancial Services, Brokerage & Trading Services
To see the full contact details of Advac Projects Private Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Business activity
The main business activities of Advac Projects are financial and insurance service and real estate. In detail, this covers other financial activities and real estate activities with own or leased property. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities | |
| L | Real Estate | L1 | Real estate activities with own or leased property |
Financials of Advac Projects Private Limited
FY 2020 filings availableAdvac Projects Private Limited reported revenue of ₹11.4 Lakh (down 99% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue fell 99% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 53%. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹11.4 Lakh | ||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹21.01 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹33.87 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
| Total Liabilities | |||||
| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
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| Total Assets | |||||
Financial Ratios
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -184.2% | ||||
| Net Profit Margin | -297% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
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| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Advac Projects Private Limited, buy the company report.
Board of directors of Advac Projects Private Limited
Advac Projects has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Abhash Jain Also directs: Katihar Flour Mills Pvt Ltd, Advac Private Limited | Director | 02 Apr 2012 | 14 Years 7 Months | Current |
| Aditi Jain Also directs: Vainnara Jewels LLP | Director | 24 Dec 2013 | 12 Years 10 Months | Current |
Auditor
Advac Projects Private Limited is audited by D H A & CO for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| D H A & CO | FY 2018 | 025446N |
Shareholding
The shareholding of Advac Projects Private Limited is on record for 3 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Advac Projects Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 05 Mar 1997 | 90385609 | Punjab National Bank | ₹8 Lakh | Open | |
| 20 Dec 1984 | 90381583 | Indian Overseas Bank | ₹50 Lakh | Open |
Total charge records: 2 View all charges
Legal cases
Advac Projects Private Limited has 1 court case on record: 1 filed against it. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, South East, Delhi | Cheque dishonour complaint | Filed against the company by H Nahata Power Pvt TD | Disposed |
To see the full case history of Advac Projects Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Advac Projects Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Advac Projects Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Advac Projects Private Limited has 4 board changes on record since 2012: 2 appointments and 2 cessations. The latest: Aditi Jain was appointed as Director on 24 Dec 2013.
Frequently asked questions
Advac Projects is an active private limited company based in New Delhi, Delhi, India. The company works in brokerage and trading services, within the financial services industry. It was incorporated on 08 July 1988 (38+ years old) and is registered under CIN U74899DL1988PTC032393.
Advac Projects has 2 current directors:
- Abhash Jain - Director
- Aditi Jain - Director
The latest financial statements of Advac Projects on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 31 December 2020. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Advac Projects is U74899DL1988PTC032393. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Advac Projects has 1 court case on record: 1 filed against it.
Advac Projects was incorporated on 08 July 1988, making it 38+ years old. It is registered with the Registrar of Companies, Delhi.
Aditi Jain was appointed as Director on 24 Dec 2013. Gajraj Jain ceased to be Director on 24 Dec 2013. Lalit Kumar Jain ceased to be Director on 23 Apr 2012. Advac Projects has 4 board changes on record in total.
The registered office of Advac Projects is at 1st Floor 14 Rani Jhansi Road, New Delhi, Delhi, India – 110055.
Advac Projects operates in the financial services industry, in the brokerage and trading services segment.
Advac Projects has open charges of ₹58 Lakh and no satisfied charges on record as per latest MCA filings.
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