About Advance Cable Technologies Limited
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Advance Cable Technologies Limited is a public limited company based in Doddaballapura, Karnataka, India. It operates in the cable and wire segment of the manufacturing sector. It was incorporated on 16 October 2002 and has been in existence for over 24 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U65999KA2002PLC031116. Its GSTIN is 29AAFCA0181L1ZK (Karnataka). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹30 Cr and a paid-up capital of ₹21.23 Cr. It was formerly known as Parva Financial Services Private Limited. It is led by directors including Shashank Kumar Jain (Managing Director) and Anubha Jain (Whole-Time Director).
Its last annual general meeting (AGM) was held on 15 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Doddaballapura, Karnataka.
As per the financials filed for FY 2024, the company reported a revenue of ₹322.05 Cr, a growth of 1% compared to the previous year. For the same year it recorded a net profit of ₹12.13 Cr (net margin 3.8%) and EBITDA of ₹21.32 Cr (EBITDA margin 6.6%). Revenue has grown at a compounded annual rate (CAGR) of 17% over three years and 11% over five years.
The company has about 96 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹84.75 Cr on record. Court records list 22 cases involving the company, including 13 filed by the company and 9 filed against it; 10 cases are pending. The company has 15 deals on record (12 secondary share transfers, 3 funding rounds), with disclosed funding of ₹3.45 Cr; the latest was in January 2023.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website advancecable.in.
Company details
Name history
Advance Cable Technologies has undergone 2 name changes throughout its history. The company was previously known as Parva Financial Services Private Limited, and Advance Cable Technologies Limited. The current legal name is Advance Cable Technologies Limited.
| Company Name | Status |
|---|---|
| Advance Cable Technologies Limited | Current |
| Parva Financial Services Private Limited | Previous |
CIN history
Advance Cable Technologies has one previous CIN (Corporate Identification Number): U65999KA2002PTC031116. The current CIN is U65999KA2002PLC031116, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U65999KA2002PLC031116 | Current |
| U65999KA2002PTC031116 | Previous |
Contact details
Advance Cable Technologies Limited's registered office is in Doddaballapura, Karnataka. Its website is advancecable.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressPlot No.14, KIADB Industrial Area, Doddaballapura, Karnataka, India – 561203
- IndustryManufacturing, Cable & Wire
To see the full contact details of Advance Cable Technologies 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 activity of Advance Cable Technologies is manufacturing. In detail, this covers other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C13 | Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities |
To see the full business activity and turnover split of Advance Cable Technologies Limited, buy the company report.
Financials of Advance Cable Technologies Limited
FY 2025 filings availableAdvance Cable Technologies Limited reported revenue of ₹322.05 Cr (up 1% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 11% over five years, including 1% growth in the latest year. EBITDA rose 6% in the latest year. 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹322.05 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹21.32 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹12.13 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
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| Inventories | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 6.6% | ||||
| Net Profit Margin | 3.8% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Receivable Days | |||||
| Payable Days | |||||
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| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Advance Cable Technologies Limited, buy the company report.
Board of directors of Advance Cable Technologies Limited
Advance Cable Technologies has 6 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Anubha Jain Also directs: Advance EV Technologies Private Limited, Advance Interconnect Solutions Private Limited, Mummy Foods Private Limited and 1 more | Whole-Time Director | 30 Nov 2021 | 4 Years 10 Months | Current |
| Shashank Kumar Jain | Managing Director | 17 Sep 2016 | 10 Years 1 Months | Current |
| Anushka Jain Also directs: Reliance Instrumentation Private Limited, Mummy Foods Private Limited, Sanchar Engineers Private Limited and 1 more | Director | 15 Jul 2025 | 1 Years 3 Months | Current |
| Maxson Alexander Lewis Also directs: Betterme Ventures Private Limited, Skrapnest Recyclers Private Limited, Magenta EV Solutions Private Limited and 5 more | Director | 10 Nov 2025 | 0 Years 11 Months | Current |
| Karanam Srinivas | Director | 10 Nov 2025 | 0 Years 11 Months | Current |
| Rajarshi Banerjee | Director | 22 Dec 2025 | 0 Years 10 Months | Current |
Auditor
Advance Cable Technologies Limited is audited by AJS & ASSOCIATES for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| AJS & ASSOCIATES | FY 2024 | 004027S |
Shareholding
The shareholding of Advance Cable Technologies Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Advance Cable Technologies Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Aug 2025 | 101163492 | Others | ₹10 Cr | Open | |
| 11 Aug 2025 | 101149406 | Others | ₹3 Cr | Open | |
| 10 Feb 2025 | 101054188 | Others | ₹2 Cr | Open | |
| 26 Sep 2024 | 100994798 | Others | ₹5 Cr | Open | |
| 21 Sep 2024 | 100984503 | Others | ₹8 Cr | Open |
To see the full charge records of Advance Cable Technologies Limited, buy the company report.
Total charge records: 9 View all charges
Deals & funding
Advance Cable Technologies Limited has 15 deals on record (12 secondary share transfers, 3 funding rounds), with disclosed funding of ₹3.45 Cr; the latest was in January 2023.
Deals on record (5 of 15)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jan 2023 | Secondary share transfer | Undisclosed | Buyer: Reliance Instrumentation Private Limited , Sanchar Engineers Private Limited Seller: R.J. Hitech Private Limited , 2 individuals |
| Mar 2017 | Secondary share transfer | Undisclosed | Buyer: R.J. Hitech Private Limited Seller: Advance EV Technologies Private Limited |
| Feb 2017 | Secondary share transfer | Undisclosed | Buyer: Sanchar Engineers Private Limited Seller: an individual |
| Jun 2016 | Secondary share transfer | Undisclosed | Buyer: R.J. Hitech Private Limited , Advance EV Technologies Private Limited , Sanchar Engineers Private Limited Seller: 2 individuals |
| Feb 2008 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: Sanchar Engineers Private Limited , Shashank Jain & Sons HUF, 2 individuals |
To see the full deal history of Advance Cable Technologies Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Advance Cable Technologies Limited has 22 court cases on record: 13 filed by Advance Cable Technologies, 9 filed against it. 10 cases are pending and 12 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 17 | 5 | 9 |
| High courts | 5 | 4 | 1 |
Cases on record (5 of 22)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Karnataka | Arbitration matter | Filed by the company against Adity Composite Private Limited and 1 other | Pending |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against K.R. Avionics Pvt Ltd and 4 others | Pending |
| District court, BENGALURU, Karnataka | Court case (Com.O.S.) | Filed by the company against Nysha Mobility Tech Private Limited and 1 other | Disposed |
| District court, BENGALURU, Karnataka | Court case (Com.O.S.) | Filed by the company against Adity Composite Private Limited and 1 other | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against K.R. Avionics Pvt Ltd Director and Authorised Signatory Bhanu Murthy Vedapa | Disposed |
To see the full case history of Advance Cable Technologies 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.
Credit ratings & regulatory alerts
Advance Cable Technologies Limited was last rated by Icra on 26 Jan 2015.
| Rating agency | Rated on | Rating |
|---|---|---|
| Icra | 26 Jan 2015 |
To see the full credit ratings and regulatory alerts of Advance Cable Technologies Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Advance Cable Technologies Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Advance Cable Technologies Limited has a workforce of 96 employees on its EPFO records as of Feb 19, 2026, across 1 active EPFO establishment.
GST
Advance Cable Technologies has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAFCA0181L1ZK | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Advance Cable Technologies Limited, buy the company report.
Recent activity
Advance Cable Technologies Limited has 16 board changes on record since 2016: 6 appointments and 10 cessations. The latest: Rajarshi Banerjee was appointed as Director on 22 Dec 2025.
18 earlier events are in the company report.
Frequently asked questions
Advance Cable Technologies is an active public limited company based in Doddaballapura, Karnataka, India. The company works in cable and wire, within the manufacturing industry. It was incorporated on 16 October 2002 (24+ years old) and is registered under CIN U65999KA2002PLC031116.
Advance Cable Technologies has 6 current directors:
- Shashank Kumar Jain - Managing Director
- Anubha Jain - Whole-Time Director
- Anushka Jain - Director
- Maxson Alexander Lewis - Director
- Karanam Srinivas - Director
- Rajarshi Banerjee - Director
The latest financial statements of Advance Cable Technologies on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 15 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Advance Cable Technologies is 29AAFCA0181L1ZK, registered in Karnataka. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Advance Cable Technologies is U65999KA2002PLC031116. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Advance Cable Technologies has 22 court cases on record: 13 filed by the company and 9 filed against it. 10 are pending. Most are in the district courts.
Advance Cable Technologies was incorporated on 16 October 2002, making it 24+ years old. It is registered with the Registrar of Companies, Bangalore.
Advance Cable Technologies has 15 deals on record (12 secondary share transfers, 3 funding rounds), with disclosed funding of ₹3.45 Cr; the latest was in January 2023.
Rajarshi Banerjee was appointed as Director on 22 Dec 2025. Karanam Srinivas was appointed as Director on 10 Nov 2025. Karanam Srinivas ceased to be Additional Director on 10 Nov 2025. Advance Cable Technologies has 16 board changes on record in total.
Advance Cable Technologies can be reached through the website advancecable.in. Its registered office is in Doddaballapura, Karnataka, India.