
Advance Shoes Private Limited
About Advance Shoes Private Limited
Data last updated:
Advance Shoes Private Limited is a private limited company based in New Delhi, Delhi, India. It operates in the footwear manufacturing segment of the consumer goods sector. It was incorporated on 14 December 2006 and has been in existence for over 20 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U19201DL2006PTC156555. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Arjun Puri and Reeti Puri.
Its last annual general meeting (AGM) was held on 31 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office is at K – 92 Udyog Nagar Peera Garhi, New Delhi, Delhi, India – 110041.
As per the financials filed for FY 2020, the company reported a revenue of ₹5.99 Lakh, a decline of 2% compared to the previous year. For the same year it recorded a net loss of ₹19.91 Lakh (net margin -332.3%) and EBITDA of -₹19.9 Lakh (EBITDA margin -332.1%). Revenue has grown at a compounded annual rate (CAGR) of 8% over three years and 5% over five years.
As per MCA filings, the company has open charges of ₹6.25 Cr and satisfied charges of ₹80 Lakh on record.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
Contact details
Advance Shoes Private Limited's registered office is in New Delhi, Delhi. Its e-mail address is in the company report.
- Email
- Registered AddressK – 92 Udyog Nagar Peera Garhi, New Delhi, Delhi, India – 110041
- IndustryConsumer Goods, Footwear Manufacturing
To see the full contact details of Advance Shoes Private 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
Financials of Advance Shoes Private Limited
FY 2020 filings availableAdvance Shoes Private Limited reported revenue of ₹5.99 Lakh (down 2% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue fell 2% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 5%. EBITDA fell 873% 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹5.99 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹19.9 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹19.91 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
| Total Liabilities | |||||
| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
| Total Assets | |||||
Financial Ratios
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -332.1% | ||||
| Net Profit Margin | -332.3% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
| Interest Coverage Ratio | |||||
| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Advance Shoes Private Limited, buy the company report.
Board of directors of Advance Shoes Private Limited
Advance Shoes has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Arjun Puri Also directs: Saraswati Timber Private Limited | Director | 23 Aug 2017 | 9 Years 2 Months | Current |
| Reeti Puri Also directs: Inspire Infinity Private Limited | Director | 13 Oct 2015 | 11 Years 0 Months | Current |
Peer comparison
Advance Shoes Private Limited is compared with the 10 companies closest to it by revenue in the Consumer Products industry (Footwear Manufacturers), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Bossi Moda India Private Limited | ₹6.34 Lakh (FY 2017) | -98.0% | New Delhi, Delhi, India | |||
| Chazer Footcare Private Limited | ₹6.17 Lakh (FY 2025) | -57.0% | New Delhi, Delhi, India | |||
| Elite Shoes Private Limited | ₹6.09 Lakh (FY 2025) | 15.0% | Chennai, Tamil Nadu, India | |||
| Axis Footwears Private Limited | ₹6.05 Lakh (FY 2024) | 19.0% | New Delhi, Delhi, India | |||
| Reno Shoe (India) Pvt Ltd | ₹6 Lakh (FY 2024) | Howrah, West Bengal, India | ||||
| Advance Shoes Private Limitedthis company | ₹5.99 Lakh (FY 2020) | -₹19.91 Lakh | -332.3% | -2.0% | New Delhi, Delhi, India | |
| Karan Jewels Private Limited | ₹5.97 Lakh (FY 2025) | Mumbai, Maharashtra, India | ||||
| FBPL Future Business Private Limited | ₹5.89 Lakh (FY 2024) | -28.0% | Jaipur, Rajasthan, India | |||
| Golden Icon Services Private Limited | ₹5.88 Lakh (FY 2024) | 92.0% | Lucknow, Uttar Pradesh, India | |||
| Eigc Shoes Pvt Ltd | ₹5.77 Lakh (FY 2022) | 1.0% | Kolkata, West Bengal, India | |||
| Axton Footwear Private Limited | ₹5.46 Lakh (FY 2024) | -91.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Advance Shoes Private Limited, buy the company report.
Auditor
Advance Shoes Private Limited is audited by G S K & ASSOCIATES LLP for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| G S K & ASSOCIATES LLP | FY 2020 | 013838N |
Shareholding
The shareholding of Advance Shoes Private Limited is on record for 5 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Advance Shoes Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 19 Oct 2011 | 10313149 | Punjab National Bank | ₹6.25 Cr | Open | |
| 19 Nov 2014 | 10536507 | Punjab National Bank | ₹80 Lakh | Satisfied |
To see the full charge records of Advance Shoes Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
No court or tribunal cases involving Advance Shoes Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Advance Shoes Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Advance Shoes has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Advance Shoes Private Limited, buy the company report.
Recent activity
Advance Shoes Private Limited has 6 board changes on record since 2015: 2 appointments and 4 cessations. The latest: Rekha Aggarwal ceased to be Director on 28 Dec 2020.
1 earlier event is in the company report.
Frequently asked questions
Advance Shoes is an active private limited company based in New Delhi, Delhi, India. The company works in footwear manufacturing, within the consumer goods industry. It was incorporated on 14 December 2006 (20+ years old) and is registered under CIN U19201DL2006PTC156555.
Advance Shoes has 2 current directors:
- Arjun Puri - Director
- Reeti Puri - Director
The latest financial statements of Advance Shoes on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 31 December 2020. Year-wise statements from 2015 are in the company report.
No. Advance Shoes has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Advance Shoes is U19201DL2006PTC156555. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Advance Shoes was incorporated on 14 December 2006, making it 20+ years old. It is registered with the Registrar of Companies, Delhi.
The peers of Advance Shoes by revenue are Bossi Moda India Private Limited, Chazer Footcare Private Limited, Elite Shoes Private Limited, Axis Footwears Private Limited, Reno Shoe (India) Pvt Ltd and 5 more, all in the Consumer Products industry (Footwear Manufacturers).
Rekha Aggarwal ceased to be Director on 28 Dec 2020. Vipin Puri ceased to be Director on 26 Mar 2018. Arjun Puri was appointed as Director on 23 Aug 2017. Advance Shoes has 6 board changes on record in total.
The registered office of Advance Shoes is at K – 92 Udyog Nagar Peera Garhi, New Delhi, Delhi, India – 110041.
Advance Shoes operates in the consumer goods industry, in the footwear manufacturing segment.
Advance Shoes has open charges of ₹6.25 Cr and satisfied charges of ₹80 Lakh as per latest MCA filings.

