Advance Commercial Company Limited Company Logo

Advance Commercial Company Limited - Company Profile

It is a financial services public limited company based in Mumbai, Maharashtra, India, established in 1942.

1942 | Mumbai, Maharashtra, India | Active
Last Updated:

About Advance Commercial Company Limited

Advance Commercial Company Limited, a active public limited company, was established on 03 November 1942 in Mumbai, Maharashtra, India. Engaging in brokerage & trading services within the financial services sector, it holds CIN: U66010MH1942PLC003717. Registered under ROC Roc Mumbai. it is unlisted. It has an authorized capital of ₹2.50 M and a paid-up capital of ₹1.69 M.

Formerly known as The Advance Insurance Company Limited. It upholds a active non-compliant status. Its leadership includes Anju Ravi Goenka (Director), Amit Parwal (Additional Director), Ravi Radheshyam Goenka (Director). Past directors included Raj Radheshyam Goenka, Mayur Suresh Shelke. Its latest AGM occurred on 30 September 2025, with the balance sheet filed on 31 March 2025. It is based at L2A/303, Oakland Park Chs. Ltd., Yamuna Nagar, Versova, Andheri (West),, Mumbai, Maharashtra, 400053.

Company Details

  • CIN/LLPIN

    U64990MH1942PLC003717

  • Registration Number

    003717

  • Incorporation Date

    03 November 1942

  • Authorized Capital

    ₹2.50 M

  • Paid-Up Capital

    ₹1.69 M

  • ROC Code

    Roc Mumbai

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Indicators

  • Authorised Capital ₹ 2.50 M
  • Paid Up Capital ₹ 1.69 M
  • Company Age 83 Year, 2 Months
  • Last Filing with ROC 31 Mar 2025
  • Revenue Growth 863.73%
  • Profit Growth -76.77%
  • Ebitda -134.26%
  • Net Worth -0.74%
  • Total Assets -12.53%
Company report

Advance Commercial Company Limited

Company Report FY 2025-2026

Explore comprehensive insights into Advance Commercial Company Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Advance Commercial Company Limited?

Current Directors

NameDesignationAppointment DateStatus
Anju Ravi GoenkaDirector05 Apr 1999Current
Amit ParwalAdditional Director14 Nov 2024Current
Ravi Radheshyam GoenkaDirector22 Mar 2018Current
Lekha KumarDirector07 Aug 2025Current

Past Directors

NameDesignationCessationStatus
Pramod AbcsddDirector03 Mar 2018Past
Pramod AbcsddDirector21 Aug 2023Past

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Financial Performance of Advance Commercial Company.

Advance Commercial Company Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 863.73% increase. The company also saw a substantial fall in profitability, with a 76.77% decrease in profit. The company's net worth dipped by a decrease of 0.74%.

Advance Commercial Company revenue growth over time
Advance Commercial Company 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
863.73%
Revenue from Operations
Total Assets
-12.53%
Profit or Loss
-76.77%
Net Worth
-0.74%
EBITDA
-134.26%

What is the Ownership and Shareholding Structure of Advance Commercial Company?

In 2021, Advance Commercial Company had a promoter holding of 99.82% and a public holding of 0.18%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

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Charges (Loans)

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

How Many Employees Work at Advance Commercial Company?

Unlock and access historical data on people associated with Advance Commercial Company, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee growth trends for Advance Commercial Company Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Advance Commercial Company, 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 Advance Commercial Company'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 Advance Commercial Company

Recent Activity within the Organization

  • Annual General Meeting

    Progress on Advance Commercial Company Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records. was documented.

  • Director Appointment

    The activity Lekha Kumar was appointed as a Director was appointed as a Director on 07 Aug 2025 & has been associated with this company since 5 months 12 days . was completed.

  • Balance Sheet

    Advance Commercial Company Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai. was recorded as a recent event.

  • Director Appointment

    Progress on Amit Parwal was appointed as a Additional Director was appointed as a Additional Director on 14 Nov 2024 & has been associated with this company since 1 year 2 months . was documented.

  • Director Appointment

    Ravi Radheshyam Goenka was appointed as a Director was appointed as a Director on 22 Mar 2018 & has been associated with this company since 7 years 9 months . was recorded as a recent event.

  • Director Appointment

    Anju Ravi Goenka was appointed as a Director was appointed as a Director on 05 Apr 1999 & has been associated with this company since 26 years 9 months . was recorded as a recent event.

Frequently Asked Questions

  • What is the CIN of Advance Commercial Company Limited?

    The CIN of Advance Commercial Company Limited is U64990MH1942PLC003717.

  • Where is Advance Commercial Company Limited headquartered?

    Advance Commercial Company Limited is headquartered at L2A/303, Oakland Park Chs. Ltd., Yamuna Nagar, Versova, Andheri (West),, Mumbai, Maharashtra, 400053.

  • When was Advance Commercial Company Limited incorporated?

    Advance Commercial Company Limited was incorporated on 03 November 1942.

  • Who are the current directors of Advance Commercial Company Limited?

    The current directors of Advance Commercial Company Limited are

  • What is the primary industry of Advance Commercial Company Limited?

    The primary industry of Advance Commercial Company Limited is Financial Services.

  • Is Advance Commercial Company Limited a listed company?

    Advance Commercial Company Limited is unlisted.

  • What is the capital structure of Advance Commercial Company Limited?

    The authorized capital of Advance Commercial Company Limited is ₹2.50 M, and the paid-up capital is ₹1.69 M.

  • What is the compliance status of Advance Commercial Company Limited?

    The compliance status of Advance Commercial Company Limited is Active Non-Compliant.

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