About Advance Powerinfra Tech Limited
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Advance Powerinfra Tech Limited is a public limited company based in Kolkata, West Bengal, India. The company is currently under liquidation, meaning its assets are being sold to settle outstanding debts. It may not have the legal capacity to fulfil new contracts. It operates in the power equipment manufacturers segment of the energy and power sector. It was incorporated on 31 October 1994.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN L65999WB1994PLC065726. Its GSTIN is 19AABCM7726M2ZX (West Bengal). The company holds 4 GST registrations, of which 1 is active. It is recorded as listed by MCA, but trading in its shares on BSE (531047) has been suspended, so they do not currently trade on a stock exchange.
The company has an authorised share capital of ₹12 Cr and a paid-up capital of ₹11.64 Cr. It is led by directors including Akhilesh Kotia (Managing Director) and Mohd Mohiuddin Laskar.
Its last annual general meeting (AGM) was held on 29 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office is at 4 Chandni Chowk St, Kolkata, West Bengal, India – 700072.
As per the financials filed for FY 2018, the company reported a revenue of ₹70.33 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹14.21 Cr (net margin -20.2%) and EBITDA of -₹10.14 Cr (EBITDA margin -14.4%). Revenue has grown at a compounded annual rate (CAGR) of 82% over three years.
The company is associated with 1 brand: Advance Power Infratech. As per MCA filings, the company has satisfied charges of ₹2.5 Cr on record. Court records list 3 cases involving the company, including 1 filed by the company and 2 filed against it; 2 cases are pending.
The last known website on record is advancepowerinfratech.com.
Company details
CIN history
Advance Powerinfra Tech has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is L65999WB1994PLC065726, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L65999WB1994PLC065726 | Current |
| U65999WB1994PLC065726 | Previous |
| L99999WB1994PLC065726 | Previous |
Contact details
Advance Powerinfra Tech Limited's registered office is in Kolkata, West Bengal. Its website is advancepowerinfratech.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address4 Chandni Chowk St, Kolkata, West Bengal, India – 700072
- IndustryEnergy and Power, Power Equipment Manufacturers
To see the full contact details of Advance Powerinfra Tech 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
Brands
Advance Powerinfra Tech operates one associated brand: Advance Power Infratech. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Construction services for erection and commissioning projects are offered. | advancepowerinfratech.com |
Business activity
The main business activity of Advance Powerinfra Tech is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment |
To see the full business activity and turnover split of Advance Powerinfra Tech Limited, buy the company report.
Financials of Advance Powerinfra Tech Limited
FY 2018 filings availableAdvance Powerinfra Tech Limited reported revenue of ₹70.33 Cr (up 451% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 82% over three years, including 451% growth 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
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| EBITDA | -₹10.14 Cr | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹14.21 Cr | |||
| Balance Sheet | ||||
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Financial Ratios
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | -14.4% | |||
| Net Profit Margin | -20.2% | |||
| Return on Equity (ROE) | ||||
| Return on Capital Employed (ROCE) | ||||
| Return on Assets (ROA) | ||||
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To see the full financial statements and ratios of Advance Powerinfra Tech Limited, buy the company report.
Board of directors of Advance Powerinfra Tech Limited
Advance Powerinfra Tech has 3 current directors and 11 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mohd Mohiuddin Laskar | Director | 14 Nov 2014 | 11 Years 11 Months | As last reported |
| Akhilesh Kotia Also directs: Marson S Textiles Ltd, M-Secure HR Services Private Limited, Kotia Advisory Services Private Limited and 2 more | Managing Director | 31 Oct 1994 | 32 Years 0 Months | As last reported |
| Uttara Sharma | Director | 02 Dec 2017 | 8 Years 10 Months | As last reported |
Shareholding
The shareholding of Advance Powerinfra Tech Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Advance Powerinfra Tech Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 May 2004 | 90254365 | Indian Overseas Bank | ₹2.5 Cr | Satisfied |
To see the full charge records of Advance Powerinfra Tech Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Advance Powerinfra Tech Limited has 3 court cases on record: 1 filed by Advance Powerinfra Tech, 2 filed against it. 2 cases are pending and 1 is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 2 | 2 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Nashik, Maharashtra | Civil suit | Filed against the company by Ashoka Buildcon Ltd., Amitkumar Vishnu Mule | Pending |
| District court, Patna, Bihar | Civil suit | Filed against the company by an individual | Pending |
| District court, Calcutta, West Bengal | Court case (TS) | Filed by the company against an individual | Disposed |
To see the full case history of Advance Powerinfra Tech 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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Advance Powerinfra Tech Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Advance Powerinfra Tech has 4 GST registrations: 1 active and 3 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 19AABCM7726M2ZX | West Bengal | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Advance Powerinfra Tech Limited, buy the company report.
Recent activity
Advance Powerinfra Tech Limited has 25 board changes on record since 1994: 14 appointments and 11 cessations. The latest: Smriti Chattopadhyay ceased to be Director on 14 Sep 2018.
19 earlier events are in the company report.
Frequently asked questions
Advance Powerinfra Tech is currently "Under Liquidation" as per MCA records. The company's assets are being sold to settle outstanding debts owed to creditors. A company under liquidation may not have the legal capacity to fulfil new contracts, and creditors are prioritised in the distribution of proceeds. This is a high-risk status - caution is strongly advised.
Advance Powerinfra Tech is a company under liquidation, formerly operating as a public limited company based in Kolkata, West Bengal, India. The company works in power equipment manufacturers, within the energy and power industry. It was incorporated on 31 October 1994 and is registered under CIN L65999WB1994PLC065726. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Advance Powerinfra Tech has 3 current directors:
- Akhilesh Kotia - Managing Director
- Mohd Mohiuddin Laskar - Director
- Uttara Sharma - Director
The latest financial statements of Advance Powerinfra Tech on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 29 September 2018. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Advance Powerinfra Tech is L65999WB1994PLC065726. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Advance Powerinfra Tech is recorded as a listed company by MCA, but trading in its shares on BSE (531047) has been suspended, so they do not currently trade on a stock exchange.
Advance Powerinfra Tech has no open charges and satisfied charges of ₹2.5 Cr as per latest MCA filings.
Advance Powerinfra Tech has 3 court cases on record: 1 filed by the company and 2 filed against it. 2 are pending.
Advance Powerinfra Tech was incorporated on 31 October 1994. It is registered with the Registrar of Companies, Kolkata.
Smriti Chattopadhyay ceased to be Director on 14 Sep 2018. Uttara Sharma was appointed as Director on 02 Dec 2017. Divya Arora ceased to be Director on 17 Oct 2017. Advance Powerinfra Tech has 25 board changes on record in total.
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