Advance India Projects Limited

Real estate development and management consultancy services since 1997.

1997 | Gurgaon, Haryana (India) | Active
Last Updated:

Advance India Projects Profile

Key Indicators

  • Authorised Capital ₹ 16.10 Cr
  • Paid Up Capital ₹ 15.59 Cr
  • Company Age 27 Year, 11 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 1,347.42 Cr
  • Satisfied Charges ₹ 1,765.64 Cr
  • Revenue Growth 41.59%
  • Profit Growth 257.33%
  • Ebitda -2.70%
  • Net Worth 2.13%
  • Total Assets 12.10%

About Advance India Projects

Advance India Projects Limited (AIPL) is a leading Public Limited Indian Non-Government Company incorporated in India on 15 May 1997 and has a history of 27 years and 11 months. Its registered office is in Gurgaon, Haryana, India.

The Company is engaged in the Real Estate And Construction 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 16.10 Cr and a paid-up capital of Rs 15.59 Cr.

The company currently has active open charges totaling ₹1,347.42 Cr. The company has closed loans amounting to ₹1,765.64 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Advance India Projects Limited India are Manish Agarwal as CFO and Preeti Sharma as Company Secretary. Harinder Singh, Daljeet Singh, Gurdeep Singh, and Seven other members serve as directors at the Company.

Company Details

  • Location

    Gurgaon, Haryana, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U45209HR1997PLC080240

  • Company No.

    080240

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    15 May 1997

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Delhi

Industry

Real Estate and Construction

What products or services does Advance India Projects Limited offer?

Advance India Projects Limited offers a wide range of products and services, including Real Estate Services, Real Estate Developer.

Company report

Advance India Projects Limited

Explore comprehensive data for Advance India Projects Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Advance India Projects?

Executive Team (2)

NameDesignationAppointment DateStatus
Manish Agarwal CFOCurrent
Preeti Sharma Country flag representing In Company Secretary27-Mar-2024Current

Board Members (10)

NameDesignationAppointment DateStatus
Shabeg Singh Country flag representing In Director 24-Aug-2018Current
Ishaan Singh Country flag representing In Director 01-Oct-2022Current
Harinder Singh Country flag representing In Whole-Time Director 08-Jan-2007Current
Daljeet Singh Country flag representing In Whole-Time Director 08-Jan-2007Current
Gurdeep Singh Country flag representing In Whole-Time Director 15-May-1997Current
Jagdish Kaur Country flag representing In Director 26-Aug-2010Current

Financial Performance of Advance India Projects.

Advance India Projects Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 41.59% increase. The company also saw a substantial improvement in profitability, with a 257.33% increase in profit. The company's net worth moved up by a moderate rise of 2.13%.

Advance India Projects revenue growth over time
Advance India Projects 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
41.59%
Revenue from Operations
42.25%
Total Assets
12.10%
Profit or Loss
257.33%
Net Worth
2.13%
EBITDA
-2.70%

What is the Ownership and Shareholding Structure of Advance India Projects?

In 2023, Advance India Projects had a promoter holding of 100.00%. The company had 9 Subsidiaries, 1 Joint Venture and 2 Associate Companies. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹1,347.42 Cr

Satisfied Charges

₹1,765.64 Cr

Charges Breakdown by Lending Institutions

  • Idbi Trusteeship Services Limited : 890.00 Cr
  • Others : 373.05 Cr
  • Hdfc Bank Limited : 55.17 Cr
  • Axis Bank Limited : 29.21 Cr

Latest Charge Details

DateLenderAmountStatus
16 Aug 2024Others₹115.00 CrOpen
27 Jun 2024Axis Bank Limited₹25.00 CrOpen
18 Mar 2024Others₹40.00 CrOpen
02 Jan 2024Axis Bank Limited₹3.43 CrOpen
20 Oct 2023Others₹26.00 CrOpen

How Many Employees Work at Advance India Projects?

Advance India Projects has a workforce of 216 employees as of Oct 07, 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.

Employee growth trends for Advance India Projects Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Advance India Projects, 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 India Projects'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 India Projects

Recent activity within the organization

  • Charges

    A charge with Others amounted to Rs. 115.00 Cr with Charge ID 100972018 was registered on 16 Aug 2024.

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 25.00 Cr with Charge ID 100949052 was registered on 27 Jun 2024.

  • Director Appointment

    Preeti Sharma was appointed as a Company Secretary was appointed as a Company Secretary on 27 Mar 2024 & has been associated with this company since 1 year 23 days .

  • Charges

    A charge with Others amounted to Rs. 40.00 Cr with Charge ID 100896980 was registered on 18 Mar 2024.

  • Charges

    A charge registered on 05 May 2018 via Charge ID 100182145 with Axis Bank Limited was fully satisfied on 01 Feb 2024.

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 3.43 Cr with Charge ID 100855253 was registered on 02 Jan 2024.

Frequently asked questions

  • What is the Incorporation or founding date of Advance India Projects Limited?

    Advance India Projects Limited was incorporated on 15 May 1997.

  • What is authorized share capital and paid-up capital of Advance India Projects Limited?

    The authorized share capital of Advance India Projects Limited is ₹ 16.10 Cr and paid-up capital is ₹ 15.59 Cr.

  • Who are the current board members & directors of Advance India Projects Limited?

    Currently 12 directors are associated with Advance India Projects Limited.

    • Harinder Singh
    • Daljeet Singh
    • Gurdeep Singh
    • Jagdish Kaur
    • Harpreet Kaur Gadh
    • Ishaan Singh
    • Jasvinder Singh Vohra
    • Bala Krishna Pandey
    • Shabeg Singh
    • Shamsheer Singh
    • Manish Agarwal
    • Preeti Sharma
  • What is the registered address of Advance India Projects Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Advance India Projects Limited is Aipl Business Club 5Th Floor, Golf Course Extension Road Medawas Sector 62, Gurgaon, Haryana, India, 122002.

  • What is the corporate identification number (CIN) and company number of Advance India Projects Limited?

    The corporate identification number (CIN) of Advance India Projects Limited is U45209HR1997PLC080240 and the company number is 080240 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Advance India Projects Limited?

    The Official website of Advance India Projects Limited is https://www.advanceindia.co.in

  • What has been the recent revenue trend for Advance India Projects Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Advance India Projects Limited has risen by 41.59%.

  • How many employees does Advance India Projects Limited currently have?

    As Per 2023 financial reports, 216 employees are currently employed by Advance India Projects Limited.

  • What change has been observed in the net worth of Advance India Projects Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Advance India Projects Limited has experienced an upsurge of 2.13%.

  • What are the total open charges for Advance India Projects Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Advance India Projects Limited amount to ₹ 1,347.42 Cr.

  • When was the last Balance Sheet of Advance India Projects Limited filed with the ROC?

    The most recent Balance Sheet for Advance India Projects Limited was filed with the ROC on 31 Mar 2023.

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