About Advanta Limited
Data last updated:
Advanta Limited was a public limited company based in Vapi, Gujarat, India. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the seed production and distribution segment of the agriculture sector. It was incorporated on 24 January 1994.
The company was registered with the Registrar of Companies (ROC), Ahmedabad, under CIN L01119GJ1994PLC086022. The company has 6 GST registrations on record, none of which is active. It is recorded as listed by MCA, but its shares were delisted from BSE on 08 Jan 2018 · merger, and no longer trade on a stock exchange.
The company had an authorised share capital of ₹77 Cr and a paid-up capital of ₹24.93 Cr. It was led by directors including Pragna Chetan Mankermi (Whole-Time Director) and Vikram Rajnikant Shroff.
Its last annual general meeting (AGM) was held on 23 April 2015, and its latest financial statements are for the year ended 31 December 2014. The registered office was at Plot No. 3 To 11 Plot No. A – 2/1 A/2/6 A – 1/2 A2/2 & A – 2/2 G.I.D.C, Vapi, Gujarat, India – 396195.
The company was associated with 2 brands: Advanta India and Advanta Seeds. As per MCA filings, the company had satisfied charges of ₹659.12 Cr on record. Court records list 6 cases involving the company, including 3 filed by the company and 3 filed against it. The company has 26 deals on record (23 market trades, 2 acquisitions, 1 ipo); the latest was in November 2015.
The last known website on record is advantaseeds.com.
Company details
CIN history
Advanta has 3 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is L01119GJ1994PLC086022, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L01119GJ1994PLC086022 | Current |
| L01119KA1994PLC031458 | Previous |
| U01119KA1994PLC031458 | Previous |
| L01119AP1994PLC063664 | Previous |
Contact details
Advanta Limited's registered office is in Vapi, Gujarat.
- Social Media
- Registered AddressPlot No. 3 To 11 Plot No. A – 2/1 A/2/6 A – 1/2 A2/2 & A – 2/2 G.I.D.C, Vapi, Gujarat, India – 396195
- IndustryAgriculture, Seed Production & Distribution
- 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
Advanta operates two associated brands: Advanta India and Advanta Seeds. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provider of hybrid field crop seeds for farmers | advantaindia.com | |
| Seeds for sorghum, corn, sunflower, and other crops are manufactured. | advantaseeds.com |
Financials of Advanta Limited
FY 2014 filings availableFinancial Statement Summary
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Financial Ratios
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To see the full financial statements and ratios of Advanta Limited, buy the company report.
Board of directors and KMP of Advanta Limited
Advanta Limited currently reports 7 directors and 1 key managerial person. 7 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pragna Chetan Mankermi Also directs: Capri Consultancy Services Private Limited | Whole-Time Director | 31 Mar 2015 | 11 Years 7 Months | As last reported |
| Vikram Rajnikant Shroff | Director | 02 Mar 2006 | 20 Years 8 Months | As last reported |
| Sharat Chandra Bolusani Also directs: Evey Trans (GTC) Private Limited | Cfo | 29 Apr 2014 | 12 Years 6 Months | As last reported |
| Deepak Vohra | Director | 22 Mar 2014 | 12 Years 7 Months | As last reported |
| Jaidev Rajnikant Shroff | Director | 02 Mar 2006 | 20 Years 8 Months | As last reported |
| Vinod Rajindranath Sethi Also directs: K.C.P.Sugar and Industries Corporation Limited, Amethyst Cafe Private Limited, Durgamba Investment Private Limited and 4 more | Director | 13 Sep 2006 | 20 Years 1 Months | As last reported |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 05 Feb 2013 | 10407823 | Kotak Mahindra Bank Limited | ₹10 Cr | Satisfied | |
| 25 Oct 2010 | 10487576 | Idbi Trusteeship Services Limited | ₹125 Cr | Satisfied | |
| 07 Jun 2010 | 10225770 | Idbi Trusteeship Services Limited | ₹250 Cr | Satisfied | |
| 26 Nov 2009 | 10188336 | Syndicate Bank | ₹25 Cr | Satisfied | |
| 10 Oct 2008 | 10128510 | The Hongkong and Shanghai Banking Corporation Limited | ₹5 Cr | Satisfied |
To see the full charge records of Advanta Limited, buy the company report.
Total charge records: 15 View all charges
Deals & funding
Advanta Limited has 26 deals on record (23 market trades, 2 acquisitions, 1 ipo); the latest was in November 2015.
Deals on record (5 of 26)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Nov 2015 | Acquisition | Undisclosed | Buyer: Upl Limited |
| Mar 2015 | Market trade | ₹23.38 Cr | Buyer: Upl Limited Seller: an individual |
| Mar 2015 | Market trade | ₹22.95 Cr | Buyer: Upl Limited Seller: an individual |
| Mar 2015 | Market trade | ₹20.5 Cr | Buyer: Upl Limited Seller: an individual |
| Mar 2015 | Market trade | ₹20.3 Cr | Buyer: Upl Limited Seller: an individual |
To see the full deal history of Advanta 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 Limited has 6 court cases on record: 3 filed by Advanta, 3 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 3 | 0 |
| High courts | 3 | 0 | 0 |
Cases on record (5 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Akola, Maharashtra | Court case (R.C.C.) | Filed against the company by State of Maha | Disposed |
| District court, Hyderabad CCC, Telangana | Civil suit | Filed against the company by an individual | Disposed |
| High Court, GUJARAT | Court case (COMP) | Filed by the company against an individual | Disposed |
| High Court, GUJARAT | Commercial suit | Filed by the company | Disposed |
| High Court, TELANGANA | Writ petition | Filed by the company against Union of India, Represented by Its Secretary, and 4 others | Disposed |
To see the full case history of Advanta 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 Advanta Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Advanta has 6 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Advanta Limited, buy the company report.
Recent activity
Advanta Limited has 18 board changes on record since 1999: 13 appointments and 5 cessations. The latest: Venkatram Vasantavada ceased to be Director on 26 Oct 2015.
45 earlier events are in the company report.
News
Frequently asked questions
Advanta has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Advanta was a public limited company based in Vapi, Gujarat, India. The company worked in seed production and distribution, within the agriculture industry. It was incorporated on 24 January 1994 and is registered under CIN L01119GJ1994PLC086022. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Advanta was incorporated on 24 January 1994. It is registered with the Registrar of Companies, Ahmedabad.
Advanta had 8 directors and KMP:
- Pragna Chetan Mankermi - Whole-Time Director
- Vikram Rajnikant Shroff - Director
- Deepak Vohra - Director
- Jaidev Rajnikant Shroff - Director
- Vinod Rajindranath Sethi - Director
- Vasant Prakash Gandhi - Director
- Hardeep Singh - Director
- Sharat Chandra Bolusani - Cfo
The CIN (Corporate Identification Number) of Advanta is L01119GJ1994PLC086022. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Advanta is recorded as a listed company by MCA, but its shares were delisted from BSE on 08 Jan 2018 · merger, and no longer trade on a stock exchange.
The registered office of Advanta is at Plot No. 3 To 11 Plot No. A – 21 A26 A – 12 A22 & A – 22 G.I.D.C, Vapi, Gujarat, India – 396195.
Advanta can be reached through the website advantaseeds.com. Its registered office is in Vapi, Gujarat, India.
The latest financial statements of Advanta on record with the MCA are for the year ended 31 December 2014. Its last annual general meeting was held on 23 April 2015. Year-wise statements from 2015 are in the company report.
No. Advanta has 6 GST registrations on record and all of them are cancelled or inactive.
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