About Advanta Enterprises Limited
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Advanta Enterprises Limited is a public limited company based in Mumbai, Maharashtra, India, a subsidiary of Upl Limited. It operates in the seed production and distribution segment of the agriculture sector. It was incorporated on 02 June 2022.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U01100MH2022PLC383998. Its GSTIN is 27AAXCA1074E1ZJ (Maharashtra). The company holds 17 GST registrations, all of them active.
The company has an authorised share capital of ₹40 Cr and a paid-up capital of ₹36.11 Cr. It is led by directors including Purvi Amitbhai Mehta Bhatt and Usha Mohan Rao Monari.
Its last annual general meeting (AGM) was held on 15 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Uniphos House Madhu Park C.D. Marg 11th Road Khar West, Mumbai, Maharashtra, India – 400052.
As per the financials filed for FY 2024, the company reported a revenue of ₹4,269 Cr, a growth of 17% compared to the previous year. For the same year it recorded a net profit of ₹785 Cr (net margin 18.4%) and EBITDA of ₹1,000 Cr (EBITDA margin 23.4%).
The company has about 526 employees on its provident fund (EPFO) records.
Court records list 48 cases involving the company, including 28 filed by the company and 20 filed against it; 24 cases are pending. The company has 7 deals on record (3 funding rounds, 2 acquisitions, 1 rights issue), with disclosed funding of ₹8,453.56 Cr; the latest was in September 2025. The company has 4 MSME Form 1 returns on record for the period ending Sep 2023, listing 122 overdue payments to 18 micro and small suppliers.
For more details, the company can be reached via its website upl-ltd.com.
Company details
CIN history
Advanta Enterprises has one previous CIN (Corporate Identification Number): U01100MH2022PTC383998. The current CIN is U01100MH2022PLC383998, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U01100MH2022PLC383998 | Current |
| U01100MH2022PTC383998 | Previous |
Contact details
Advanta Enterprises Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Social Media
- Registered AddressUniphos House Madhu Park C.D. Marg 11th Road Khar West, Mumbai, Maharashtra, India – 400052
- IndustryAgriculture, Seed Production & Distribution
To see the full contact details of Advanta Enterprises 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
Business activity
The main business activities of Advanta Enterprises are agriculture, forestry, fishing and trade. In detail, this covers production of crops and animals and wholesale trading. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| A | Agriculture, forestry, fishing | A1 | Production of crops and animals | |
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Advanta Enterprises Limited, buy the company report.
Financials of Advanta Enterprises Limited
FY 2025 filings availableAdvanta Enterprises Limited reported revenue of ₹4,269 Cr (up 17% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue rose 17% in the latest year. EBITDA rose 16% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2023-24 | FY 2022-23 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ||
| Other Income | ||
| Total Revenue | ||
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
| Finance Costs | ||
| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | ₹1,000 Cr | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | ₹785 Cr | |
| 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 2023-24 | FY 2022-23 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 23.4% | |
| Net Profit Margin | 18.4% | |
| 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 Advanta Enterprises Limited, buy the company report.
Board of directors and KMP of Advanta Enterprises Limited
Advanta Enterprises Limited currently reports 13 directors and 1 key managerial person. 21 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Bhupendra Vishnuprasad Dubey | Ceo | 01 Nov 2025 | 0 Years 11 Months | Current |
| Purvi Amitbhai Mehta Bhatt Also directs: Agclim LLP, Deepak Fertilisers and Petrochemicals Corporation Ltd, Mahindra Epc Irrigation Limited and 1 more | Director | 06 May 2025 | 1 Years 5 Months | Current |
| Toshan Ajay Tamhane | Nominee Director | 09 Sep 2024 | 2 Years 1 Months | Current |
| Simrun Mehta Also directs: Healthcare Global Enterprises Limited, Vini Cosmetics Private Limited, Serentica Renewables India Private Limited and 5 more | Nominee Director | 31 Dec 2025 | 0 Years 9 Months | Current |
| Usha Mohan Rao Monari | Director | 26 Jul 2023 | 3 Years 3 Months | Current |
| Utsav Mitra Also directs: Hampshire House Management LLP, Mensa Brand Technologies Private Limited, Dtwelve Spaces Private Limited and 4 more | Nominee Director | 26 Mar 2025 | 1 Years 7 Months | Current |
Auditor
Advanta Enterprises Limited is audited by B S R & Co. LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| B S R & Co. LLP | FY 2023 | 101248W/W-100022 |
Shareholding
The shareholding of Advanta Enterprises Limited is on record for FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Foreign institutional investors (FII) | |
| Public | |
| Others |
To see the full shareholding pattern of Advanta Enterprises Limited, buy the company report.
Deals & funding
Advanta Enterprises Limited has 7 deals on record (3 funding rounds, 2 acquisitions, 1 rights issue), with disclosed funding of ₹8,453.56 Cr; the latest was in September 2025.
Deals on record (5 of 7)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2025 | Funding round | ₹4,287.54 Cr | Investors: Upl Limited |
| Dec 2022 | Funding round | ₹2,886.88 Cr | Investors: KKR India Private Equity, Upl Limited |
| Dec 2022 | Rights issue | ₹835.22 Cr | Investors: Upl Limited |
| Nov 2022 | Acquisition | ₹900 Cr | Buyer: Upl Limited |
| Sep 2022 | Acquisition | ₹2 Cr | Buyer: Upl Limited |
To see the full deal history of Advanta Enterprises Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Advanta Enterprises Limited has 48 court cases on record: 28 filed by Advanta Enterprises, 20 filed against it. 24 cases are pending and 24 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 45 | 19 | 21 |
| High courts | 3 | 1 | 3 |
Cases on record (5 of 48)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court for State of Telangana | Court case (COMCA) | Filed by the company against My Seeds Pvt. Ltd | Pending |
| District court, Hyderabad CCC, Telangana | Court case (COS) | Filed by the company against My Seeds Private Limited | Pending |
| District court, Hyderabad CCC, Telangana | Court case (COS) | Filed by the company against Yaganti Agrotech Pvt. Ltd. | Pending |
| District court, Narmada, Gujarat | Criminal complaint | Filed against the company | Pending |
| District court, Pune, Maharashtra | Civil suit | Filed against the company by Maharashtra State Through Kailas Babasaheb Chavan | Pending |
To see the full case history of Advanta Enterprises 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
Advanta Enterprises Limited has 4 MSME Form 1 returns on record for the period ending Sep 2023, listing 122 overdue payments to 18 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 18)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Abdul Sattar Kasim | |||
| Regal Paper and Packaging India Private Limited | |||
| Coral Print Pack Private Limited | |||
| Shrinath Rotopack Private Limited | |||
| Mansarovar Agro Sacks Private Limited |
To see the full MSME payment records of Advanta Enterprises Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Advanta Enterprises Limited has a workforce of 526 employees on its EPFO records as of Apr 02, 2024, across 1 active EPFO establishment.
GST
Advanta Enterprises has 17 GST registrations: 17 active. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAXCA1074E1ZJ | Maharashtra | Active | 29 Sep 2022 |
| 36AAXCA1074E1ZK | Telangana | Active | 11 Jul 2022 |
| 29AAXCA1074E1ZF | Karnataka | Active | 20 Sep 2022 |
| 06AAXCA1074E1ZN | Haryana | Active | 21 Sep 2022 |
To see the full GST registrations and return filing status of Advanta Enterprises Limited, buy the company report.
Recent activity
Advanta Enterprises Limited has 35 board changes on record since 2022: 14 appointments and 21 cessations. The latest: Simrun Mehta ceased to be Additional Director on 12 Jan 2026.
26 earlier events are in the company report.
From our blog
Frequently asked questions
Advanta Enterprises is an active public limited company based in Mumbai, Maharashtra, India. The company works in seed production and distribution, within the agriculture industry. It was incorporated on 02 June 2022 (4+ years old) and is registered under CIN U01100MH2022PLC383998.
Advanta Enterprises has 14 current directors and KMP:
- Purvi Amitbhai Mehta Bhatt - Director
- Toshan Ajay Tamhane - Nominee Director
- Simrun Mehta - Nominee Director
- Usha Mohan Rao Monari - Director
- Utsav Mitra - Nominee Director
- Jaidev Rajnikant Shroff - Nominee Director
- Vikram Rajnikant Shroff - Nominee Director
- Rajan Hamir Gajaria - Director
- Santosh Kumar Mohanty - Director
- Peter Deane Scala - Director
- Davor Pisk - Director
- Agnes Abera Kalibata - Director
- Raja - Director
- Bhupendra Vishnuprasad Dubey - Ceo
The latest financial statements of Advanta Enterprises on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 15 September 2025. Year-wise statements from FY 2023 are in the company report.
The GSTIN of Advanta Enterprises is 27AAXCA1074E1ZJ, registered in Maharashtra. The company has 17 GST registrations in all, of which 17 are active. Other active GSTINs include 36AAXCA1074E1ZK (Telangana), 29AAXCA1074E1ZF (Karnataka), 06AAXCA1074E1ZN (Haryana).
The CIN (Corporate Identification Number) of Advanta Enterprises is U01100MH2022PLC383998. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Advanta Enterprises has 48 court cases on record: 28 filed by the company and 20 filed against it. 24 are pending. Most are in the district courts.
Advanta Enterprises was incorporated on 02 June 2022, making it 4+ years old. It is registered with the Registrar of Companies, Mumbai.
Advanta Enterprises has 7 deals on record (3 funding rounds, 2 acquisitions, 1 rights issue), with disclosed funding of ₹8,453.56 Cr; the latest was in September 2025.
Simrun Mehta ceased to be Additional Director on 12 Jan 2026. Simrun Mehta was appointed as Nominee Director on 31 Dec 2025. Raja ceased to be Additional Director on 09 Nov 2025. Advanta Enterprises has 35 board changes on record in total.
Advanta Enterprises has 4 MSME Form 1 returns on record for the period ending Sep 2023, listing 122 overdue payments to 18 micro and small suppliers. The latest return was filed on 15 Dec 2023.
Advanta Enterprises can be reached through the website upl-ltd.com. Its registered office is in Mumbai, Maharashtra, India.