Advik Innovations Private Limited
About Advik Innovations Private Limited
Data last updated:
Advik Innovations Private Limited is a private limited company based in Pune, Maharashtra, India. It operates in the fittings and components segment of the manufacturing sector. It was incorporated on 31 October 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U28111PN2012PTC145247. Its GSTIN is 27AALCA0793J1ZC (Maharashtra).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Dinesh Jaysingh Jadhav (Managing Director) and Pravin Balasaheb Kurhade.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at Pune, Maharashtra.
As per the financials filed for FY 2022, the company reported a revenue of ₹3.28 Cr, a growth of 34% compared to the previous year. For the same year it recorded a net profit of ₹1.2 Lakh (net margin 0.4%) and EBITDA of ₹21.23 Lakh (EBITDA margin 6.5%). Revenue has declined at a compounded annual rate (CAGR) of 6% over three years and 4% over five years.
The company has about 33 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹77.39 Lakh on record. Court records list 8 cases involving the company, including 8 filed against it; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies.
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- TelephoneLocked
- WebsiteLocked
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- Registered AddressSr.No.27/2 A Nimbalkar Nagar Behind Raghunandan Mangal Karyalay Tath, Awade, Pune, Maharashtra, India – 411033
- IndustryManufacturing, Fittings & Components
- 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
- One PDF report, delivered after checkout
Business Activity of Advik Innovations Private Limited
The main business activity of Advik Innovations is support service to organizations. In detail, this covers other support services to organizations.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| N | Support service to Organizations | N7 | Other support services to organizations | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Advik Innovations Private Limited FY 2022 filings available
Advik Innovations Private Limited reported revenue of ₹3.28 Cr (up 34% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR) of Advik Innovations Private Limited
Revenue rose 34% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 4%. EBITDA fell 13% 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 of Advik Innovations Private Limited
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| 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 | ₹21.23 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹1.2 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 of Advik Innovations Private Limited
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 6.5% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 0.4% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Advik Innovations are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Advik Innovations Private Limited
Advik Innovations Private Limited is compared with the companies closest to it by revenue in the Manufacturing industry (Fittings). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Nu Metalocraft Pvt Ltd | •••• | •••• | •••• | •••• | - | Kolkata, West Bengal, India |
| Neo Plast Pvt Ltd | •••• | •••• | •••• | •••• | - | Guwahati, Assam, India |
| Window World India Private Limited | •••• | •••• | •••• | •••• | - | Lucknow, Uttar Pradesh, India |
| Ratnakar Steel Works Private Limited | •••• | •••• | •••• | •••• | - | New Delhi, Delhi, India |
| JSN Enterprise Private Limited | •••• | •••• | •••• | •••• | - | Vadodara, Gujarat, India |
| Advik Innovations Private Limited this company | •••• | •••• | •••• | •••• | - | Pune, Maharashtra, India |
| Trigger Electric Private Limited | •••• | •••• | •••• | •••• | - | Kanjoor, Kerala, India |
| Dowin Solutions Private Limited | •••• | •••• | •••• | •••• | - | East Delhi, Delhi, India |
| Param Products Private Limited | •••• | •••• | •••• | •••• | - | Jaipur, Rajasthan, India |
| R K Framing Upvc Private Limited | •••• | •••• | •••• | •••• | - | Delhi, India |
| Duster Metal Products Private Limited | •••• | •••• | •••• | •••• | - | Rajkot, Gujarat, India |
Peers are the five companies nearest above and the five nearest below Advik Innovations by revenue in the Manufacturing industry (Fittings), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.
Auditor Details of Advik Innovations Private Limited
Advik Innovations Private Limited is audited by KATARIYA AND MUNOT for the financial year 2019.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| KATARIYA AND MUNOT | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Advik Innovations Private Limited
Advik Innovations has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Dinesh Jaysingh Jadhav Also directs: Advik Technologies Private Limited | Managing Director | 31 Oct 2012 | 13 Years 11 Months | Current |
| Pravin Balasaheb Kurhade Also directs: Advik Technologies Private Limited | Director | 31 Oct 2012 | 13 Years 11 Months | Current |
| Vimal Dinesh Jadhav | Director | 01 Oct 2014 | 12 Years 0 Months | Current |
Ownership and Shareholding of Advik Innovations Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Advik Innovations Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 15 Dec 2016 | Hdfc Bank Limited | ₹62.39 Lakh | Open |
| 23 Mar 2015 | Axis Bank Limited | ₹15 Lakh | Open |
Total charge records: 2 View all charges
Legal Cases of Advik Innovations Private Limited
Advik Innovations Private Limited has 8 court cases on record: 8 filed against it. 1 case is pending and 7 are disposed. Status as checked between 29 Sep 2026 and 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 8 | 8 | 1 |
Cases on record (5 of 8)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Pune, Maharashtra | Civil suit | Filed against the company by HDFC Bank Limited | Pending |
| District court, Pune, Maharashtra | Civil suit | Filed against the company by HDFC Bank Limited | Disposed |
| District court, Pune, Maharashtra | Execution petition | Filed against the company by Aditya Birla Finance Limited | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (SUMMARY CASE) | Filed against the company by Idfc First Bank Limited | Disposed |
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Aditya Birla Finance Limited | Disposed |
Full case history
All 8 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Employees and EPFO Compliance at Advik Innovations Private Limited
Advik Innovations Private Limited has a workforce of 33 employees as of Mar 27, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Advik Innovations Private Limited
Advik Innovations Private Limited has 5 board changes on record since 2012: 3 appointments and 2 cessations. The latest: Kailas Barikrao Jagtap ceased to be Director on 20 Jun 2019.
Credit Ratings, Litigation & Regulatory Alerts for Advik Innovations Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Advik Innovations Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Advik Innovations Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Advik Innovations Private Limited
Advik Innovations has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AALCA0793J1ZC | Maharashtra | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Advik Innovations Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Advik Innovations Private Limited
Advik Innovations is an active private limited company based in Pune, Maharashtra, India. The company works in fittings and components, within the manufacturing industry. It was incorporated on 31 October 2012 (14+ years old) and is registered under CIN U28111PN2012PTC145247.
Advik Innovations reported revenue of ₹3.28 Cr for FY 2022 (up 34% YoY).
Advik Innovations has 3 current directors:
- Dinesh Jaysingh Jadhav - Managing Director
- Pravin Balasaheb Kurhade - Director
- Vimal Dinesh Jadhav - Director
Advik Innovations reported a net profit of ₹1.2 Lakh (net margin 0.4%) and EBITDA of ₹21.23 Lakh (EBITDA margin 6.5%) for FY 2022, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Advik Innovations is -6% over three years and -4% over five years. In the latest year (FY 2022) revenue rose 34%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Advik Innovations is 27AALCA0793J1ZC, registered in Maharashtra.
The CIN (Corporate Identification Number) of Advik Innovations is U28111PN2012PTC145247. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Advik Innovations has 8 court cases on record: 8 filed against it. 1 is pending.
Advik Innovations was incorporated on 31 October 2012, making it 14+ years old. It is registered with the Registrar of Companies, Pune.
The peers of Advik Innovations by revenue are Nu Metalocraft Pvt Ltd, Neo Plast Pvt Ltd, Window World India Private Limited, Ratnakar Steel Works Private Limited, JSN Enterprise Private Limited and 5 more, all in the Manufacturing industry (Fittings).
Kailas Barikrao Jagtap ceased to be Director on 20 Jun 2019. Vimal Dinesh Jadhav ceased to be Additional Director on 30 Sep 2015. Vimal Dinesh Jadhav was appointed as Director on 01 Oct 2014. Advik Innovations has 5 board changes on record in total.