Advance Multitech Limited - Company Profile

It is a manufacturing public limited company based in Ahmedabad, Gujarat, India, established in 1979.
1979 Ahmedabad, Gujarat, India Active
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About Advance Multitech Limited

Advance Multitech Limited, a active public limited company, was established on 16 April 1979 in Ahmedabad, Gujarat, India. Engaging in rubber-based products within the manufacturing sector, it holds CIN: L51494GJ1979PLC006698. Registered under ROC Roc Ahmedabad. it is listed on BSE: 526331. It has an authorized capital of ₹5.00 Cr and a paid-up capital of ₹4.03 Cr.

It upholds a compliant status. In 2023, it reported revenue of ₹16.07 Cr and a net worth of ₹16.42 Cr. Employing 22 professional, Its leadership includes Arvind Vishwanath Goenka (Managing Director), Hiral Rajeshkumar Shah (Additional Director), Ravindrakumar Laljibhai Mehta (Additional Director). Past directors included Vivek Ramesh Pareek, Nishit Bharatbhai Popat, Himanshubhai Surendrabhai Shukla. It holds ₹13.91 Cr open charges and ₹3.00 M settled loans. Its latest AGM occurred on 30 September 2025, with the balance sheet filed on 31 March 2025. It is based at 36 Kothari Marketkankaria Road 22, Ahmedabad, Gujarat, 380022.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
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  • Apps
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Company Details

  • CIN/LLPIN

    L51494GJ1979PLC006698

  • Registration Number

    006698

  • Incorporation Date

    16 April 1979

  • Authorized Capital

    ₹5.00 Cr

  • Paid-Up Capital

    ₹4.03 Cr

  • ROC Code

    Roc Ahmedabad

  • Listing Status

    Listed (BSE: 526331)

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 5.00 Cr
  • Paid Up Capital ₹ 4.03 Cr
  • Company Age 46 Year, 9 Months
  • Last Filing with ROC 31 Mar 2025
  • Open Charges ₹ 13.91 Cr
  • Satisfied Charges ₹ 3.00 M
  • Revenue Growth **** 53.23%
  • Profit Growth **** 7993.33%
  • Ebitda **** 62.06%
  • Net Worth 82.18%
  • Total Assets **** 11.77%
Company report

Advance Multitech Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Advance Multitech 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 Multitech Limited?
Current Directors
Name Designation Appointment Date Status
Arvind Vishwanath Goenka Managing Director 09 Jul 1990 Current
Hiral Rajeshkumar Shah Additional Director 17 Oct 2025 Current
Ravindrakumar Laljibhai Mehta Additional Director 17 Oct 2025 Current
Govind Ganpatlal Shah Additional Director 17 Oct 2025 Current
Minaxi Govind Shah Additional Director 17 Oct 2025 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Additional Director 30 Sep 2016 Past
Pramod Abcsdd Additional Director 29 Sep 2024 Past
Pramod Abcsdd Additional Director 30 Sep 2021 Past
Pramod Abcsdd Director 06 Jan 2019 Past
Pramod Abcsdd Whole-Time Director 03 Apr 2020 Past
Pramod Abcsdd Director 30 Jul 2014 Past

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Financial Performance of Advance Multitech.

Advance Multitech Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 53.23% increase. The company also saw a substantial improvement in profitability, with a 7993.33% increase in profit. The company's net worth Soared by an impressive increase of 82.18%.

Advance Multitech revenue growth over time
Advance Multitech 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
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
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 53.23%
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Revenue from Operations
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 -13.19%
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*******
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Total Assets
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 11.77%
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*******
Profit or Loss
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 7993.33%
*******
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Net Worth
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 82.18%
*******
*******
*******
*******
EBITDA
*******
 62.06%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Advance Multitech?

In 2023, Advance Multitech had a promoter holding of 40.74% and a public holding of 59.26%. 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

₹139,115,000.00

Satisfied Charges

₹3,000,000.00

Charges Breakdown by Lending Institutions
  • Oriental Bank Of Commerce : 8.19 Cr
  • Others : 5.73 Cr
Latest Charge Details
Date Lender Amount Status
20 Jun 2020 Others ₹5.98 M Open
13 Mar 2013 Oriental Bank Of Commerce ₹4.29 Cr Open
20 Mar 2012 Others ₹5.13 Cr Open
20 Mar 2012 Oriental Bank Of Commerce ₹3.90 Cr Open
15 Jun 2005 Union Bank Of India ₹3.00 M Satisfied

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How Many Employees Work at Advance Multitech?

Advance Multitech has a workforce of 22 employees as of Apr 03, 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 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

Gain comprehensive insights into the Deals and Valuation data of Advance Multitech, 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 Multitech'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.

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

    Hiral Rajeshkumar Shah was appointed as a Additional Director was appointed as a Additional Director on 17 Oct 2025 & has been associated with this company since 3 months 25 days . was recorded as a recent event.

  • Director Appointment

    Progress on Ravindrakumar Laljibhai Mehta was appointed as a Additional Director was appointed as a Additional Director on 17 Oct 2025 & has been associated with this company since 3 months 25 days . was documented.

  • Director Appointment

    The activity Govind Ganpatlal Shah was appointed as a Additional Director was appointed as a Additional Director on 17 Oct 2025 & has been associated with this company since 3 months 25 days . was completed.

  • Director Appointment

    Minaxi Govind Shah was appointed as a Additional Director was appointed as a Additional Director on 17 Oct 2025 & has been associated with this company since 3 months 25 days . was recorded as a recent event.

  • Annual General Meeting

    The activity Advance Multitech Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records. was completed.

  • Balance Sheet

    The activity Advance Multitech Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad. was completed.

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Frequently Asked Questions
What is the CIN of Advance Multitech Limited?

The CIN of Advance Multitech Limited is L51494GJ1979PLC006698.

Where is Advance Multitech Limited headquartered?

Advance Multitech Limited is headquartered at 36 Kothari Marketkankaria Road 22, Ahmedabad, Gujarat, 380022.

When was Advance Multitech Limited incorporated?

Advance Multitech Limited was incorporated on 16 April 1979.

Who are the current directors of Advance Multitech Limited?

The current directors of Advance Multitech Limited are

What is the primary industry of Advance Multitech Limited?

The primary industry of Advance Multitech Limited is Manufacturing.

Is Advance Multitech Limited a listed company?

Advance Multitech Limited is listed. It is listed on BSE: 526331.

What is the capital structure of Advance Multitech Limited?

The authorized capital of Advance Multitech Limited is ₹5.00 Cr, and the paid-up capital is ₹4.03 Cr.

What is the compliance status of Advance Multitech Limited?

The compliance status of Advance Multitech Limited is Compliant.

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