Advance Business Enterprises Limited - Company Profile

It is a home & lifestyle public limited company based in New Delhi, Delhi, India, established in 1998.
1998 New Delhi, Delhi, India Active
Last Updated:
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About Advance Business Enterprises Limited

Advance Business Enterprises Limited, a active public limited company, was established on 10 August 1998 in New Delhi, Delhi, India. Engaging in textile retail & distribution within the home & lifestyle sector, it holds CIN: U74899DL1998PLC095462. Registered under ROC Roc Delhi. it is unlisted. It has an authorized capital of ₹2.50 M and a paid-up capital of ₹2.50 M.

It upholds a active non-compliant status. Its leadership includes Ashutosh Mahindru (Director), Ashok Mahindru (Director), Vir Pal (Director). Past directors included Ashutosh Mahindru, Ashok Mahindru, Atul Mahindru. It holds ₹4.63 M open charges and ₹6.95 Cr settled loans. Its latest AGM occurred on 22 September 2015, with the balance sheet filed on 31 March 2015. It is based at 511/2/1, Village Rajokari, New Delhi, Delhi, 110038.

Company Details
  • Email
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  • Telephone

    +91-XXXXXXXXXX

  • Website
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  • Social Media
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  • Apps
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Company Details

  • CIN/LLPIN

    U74899DL1998PLC095462

  • Registration Number

    095462

  • Incorporation Date

    10 August 1998

  • Authorized Capital

    ₹2.50 M

  • Paid-Up Capital

    ₹2.50 M

  • ROC Code

    Roc Delhi

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 2.50 M
  • Paid Up Capital ₹ 2.50 M
  • Company Age 27 Year, 6 Months
  • Last Filing with ROC 31 Mar 2015
  • Open Charges ₹ 4.63 M
  • Satisfied Charges ₹ 6.95 Cr
Company report

Advance Business Enterprises Limited

Company Report FY 2025-2026

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Who are the key members and board of directors at Advance Business Enterprises Limited?
Current Directors
Name Designation Appointment Date Status
Ashutosh Mahindru Director 27 Jun 2017 Current
Ashok Mahindru Director 27 Jun 2017 Current
Vir Pal Director 15 Sep 2018 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 17 Sep 2021 Past
Pramod Abcsdd Additional Director 27 Sep 2012 Past
Pramod Abcsdd Director 16 Nov 2015 Past
Pramod Abcsdd Director 28 Jun 2017 Past
Pramod Abcsdd Director 15 Sep 2018 Past
Pramod Abcsdd Director 28 Jun 2017 Past

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Financial Performance of Advance Business Enterprises.

Enhance accessibility to Advance Business Enterprises's financial data by unlocking access to both Standalone and Consolidated balance sheets, Profit & Loss Statements, Ratios, Related Party Transactions, and additional relevant information.

Advance Business Enterprises revenue growth over time
Advance Business Enterprises profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
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What is the Ownership and Shareholding Structure of Advance Business Enterprises?

In 2015, Advance Business Enterprises 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 Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

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Charges (Loans)
Open Charges

₹4,630,288.00

Satisfied Charges

₹69,522,809.00

Charges Breakdown by Lending Institutions
  • Others : 0.46 Cr
Latest Charge Details
Date Lender Amount Status
18 May 2016 Others ₹4.63 M Open
22 May 2015 Indiabulls Housing Finance Limited ₹2.84 Cr Satisfied
27 Aug 2012 Indiabulls Financial Services Limited ₹2.26 Cr Satisfied
29 Dec 2009 Bajaj Auto Finance Ltd ₹1.86 Cr Satisfied

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How Many Employees Work at Advance Business Enterprises?

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Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

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Rating
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Alerts
Alert Indicator

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Latest Updates, News, and FAQs on Advance Business Enterprises
Recent Activity within the Organization
  • Director Appointment

    The activity Vir Pal was appointed as a Director was appointed as a Director on 15 Sep 2018 & has been associated with this company since 7 years 5 months . was completed.

  • Director Appointment

    Ashutosh Mahindru was appointed as a Director was appointed as a Director on 27 Jun 2017 & has been associated with this company since 8 years 8 months . was recorded as a recent event.

  • Director Appointment

    The activity Ashok Mahindru was appointed as a Director was appointed as a Director on 27 Jun 2017 & has been associated with this company since 8 years 8 months . was completed.

  • Charges

    The activity A charge with Others amounted to Rs. 4.63 M with Charge ID 100070220 was registered on 18 May 2016. was completed.

  • Charges

    The activity A charge registered on 22 May 2015 via Charge ID 10571593 with Indiabulls Housing Finance Limited was fully satisfied on 27 Feb 2016. was completed.

  • Charges

    A charge registered on 27 Aug 2012 via Charge ID 10381782 with Indiabulls Financial Services Limited was fully satisfied on 27 Feb 2016. was recorded as a recent event.

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Frequently Asked Questions
What is the CIN of Advance Business Enterprises Limited?

The CIN of Advance Business Enterprises Limited is U74899DL1998PLC095462.

Where is Advance Business Enterprises Limited headquartered?

Advance Business Enterprises Limited is headquartered at 511/2/1, Village Rajokari, New Delhi, Delhi, 110038.

When was Advance Business Enterprises Limited incorporated?

Advance Business Enterprises Limited was incorporated on 10 August 1998.

Who are the current directors of Advance Business Enterprises Limited?

The current directors of Advance Business Enterprises Limited are

What is the primary industry of Advance Business Enterprises Limited?

The primary industry of Advance Business Enterprises Limited is Home & Lifestyle.

Is Advance Business Enterprises Limited a listed company?

Advance Business Enterprises Limited is unlisted.

What is the capital structure of Advance Business Enterprises Limited?

The authorized capital of Advance Business Enterprises Limited is ₹2.50 M, and the paid-up capital is ₹2.50 M.

What is the compliance status of Advance Business Enterprises Limited?

The compliance status of Advance Business Enterprises Limited is Active Non-Compliant.

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