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Advance Lifestyles Ltd. (India)

Main Activities: Fiber, Yarn, and Thread Mills
Full name: Advance Lifestyles Ltd. Profile Updated: October 31, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2024 Available in: English Download a sample report

Advance Lifestyles Ltd. is a company located in Mumbai, India. It was incorporated as a Private Company Limited by shares on August 18, 1988, under the name of New Ahmedabad Advance Mills (1988) Private Limited. It later became a Public Company on February 7, 1989, and changed its name to The Ahmedabad Advance Mills Limited. On March 8, 2011, the company changed its name again to Advance Lifestyles Limited. The main objects of the company, as stated in its Memorandum of Association, include engaging in the trade or business of manufacturing, exporting, importing, trading, and dealing in fabrics, textiles, garments, and other related materials. The company also engages in the construction and development of residential, industrial, and commercial properties. The authorized share capital of the company is Rs. 250,000,000 divided into 25,000,000 equity shares of Rs. 10 each. The issued, subscribed, called up, and paid-up capital of the company is Rs. 31,128,750 divided into 3,112,875 equity shares of Rs. 10 each. The company's equity shares are listed with BSE. Contact information for the company's registered office and corporate office is provided, along with details of the compliance officer and the registrar and transfer agents. Investor grievances can be addressed to the company's office in Ahmedabad.

Legal Address
2nd Floor, West Wing,, Electric Mansion, Appasaheb Marathe Marg
Mumbai; Maharashtra; Postal Code: 400025

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Website: http://www.advance.net.in

Basic Information
Outstanding Shares:
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Registered Capital:
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Financial Auditors:
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Incorporation Date:
Key Executives
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Chairman & Managing Director
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Director
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Independent Director
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Managing Director
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Chairperson
Ownership Details
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75%
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13.35%
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11.64%
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Company Performance
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Key Financial Highlights
Annual growth percentages for latest two years in local currency INR. Absolute financial data is included in the purchased report.
Operating profit (EBIT)
-14.29%
Net Profit (Loss) for the Period
5000%
Total equity
100.32%
Return on Equity (ROE)
15.73%

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