Ask Fras-Le Friction Private Limited

Manufactures brake pads and linings for commercial vehicles, established in 2017.

2017 | New Delhi, Delhi (India) | Active
Last Updated:

Ask Fras-Le Friction Profile

Key Indicators

  • Authorised Capital ₹ 90.00 Cr
  • Paid Up Capital ₹ 88.00 Cr
  • Company Age 7 Year, 5 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 7.00 Cr
  • Satisfied Charges ₹ 28.00 Cr
  • Revenue Growth 15.51%
  • Profit Growth -11.61%
  • Ebitda 13.22%
  • Net Worth 273.86%
  • Total Assets -11.63%

About Ask Fras-Le Friction

Ask Fras-Le Friction Private Limited (AFFPL) is a Private Limited Indian Non-Government Company incorporated in India on 13 October 2017 (Seven years and five months 7 days old ). Its registered office is in New Delhi, Delhi, India.

The Corporate was formerly known as Ask Friction Private Limited. The Company is engaged in the Automotive Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 90.00 Cr and a paid-up capital of Rs 88.00 Cr.

The company currently has active open charges totaling ₹7.00 Cr. The company has closed loans amounting to ₹28.00 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Ask Fras-Le Friction Private Limited India is Trishna Choudhary as COMPANY SECRETARY. Kuldip Rathee, Aman Rathee, Shivraj Singh, and Three other members serve as directors at the Company.

Company Details

  • Location

    New Delhi, Delhi, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U34300DL2017PTC324954

  • Company No.

    324954

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    13 Oct 2017

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Delhi

Industry

Automotive
Company report

Ask Fras-Le Friction Private Limited

Explore comprehensive data for Ask Fras-Le Friction Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Ask Fras-Le Friction?

Executive Team (1)

NameDesignationAppointment DateStatus
Trishna Choudhary Country flag representing In Company SecretaryCurrent

Board Members (6)

NameDesignationAppointment DateStatus
Aman Rathee Country flag representing In Director 20-Nov-2017Current
Kuldip Rathee Country flag representing In Director 13-Oct-2017Current
Shivraj Singh Country flag representing In Director 09-Feb-2018Current
Anderson Pontalti Country flag representing Br Director 13-Jan-2023Current
Laerte Rosa Country flag representing Br Additional Director Current
Alfredo Lorenzoni Additional Director 25-Dec-2023Current

Financial Performance of Ask Fras-Le Friction.

Ask Fras-Le Friction Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 15.51% increase. The company also saw a substantial fall in profitability, with a 11.61% decrease in profit. The company's net worth Soared by an impressive increase of 273.86%.

Ask Fras-Le Friction revenue growth over time
Ask Fras-Le Friction profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
15.51%
Revenue from Operations
15.39%
Total Assets
-11.63%
Profit or Loss
-11.61%
Net Worth
273.86%
EBITDA
13.22%

What is the Ownership and Shareholding Structure of Ask Fras-Le Friction?

In 2023, Ask Fras-Le Friction had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹7.00 Cr

Satisfied Charges

₹28.00 Cr

Charges Breakdown by Lending Institutions

  • Axis Bank Limited : 7.00 Cr

Latest Charge Details

DateLenderAmountStatus
08 Jun 2018Axis Bank Limited₹7.00 CrOpen
17 Jan 2022Others₹2.50 CrSatisfied
13 Jan 2021Axis Bank Limited₹4.00 CrSatisfied
16 Apr 2019Others₹21.50 CrSatisfied

How Many Employees Work at Ask Fras-Le Friction?

Ask Fras-Le Friction has a workforce of 133 employees as of Apr 08, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee growth trends for Ask Fras-Le Friction Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Ask Fras-Le Friction, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Ask Fras-Le Friction's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Ask Fras-Le Friction

Recent activity within the organization

  • Charges

    A charge with Axis Bank Limited of Rs. 7.00 Cr registered on 08 Jun 2018 with Charge ID 100188322 was modified on 22 Mar 2024.

  • Director Appointment

    Alfredo Lorenzoni was appointed as a Additional Director was appointed as a Additional Director on 25 Dec 2023 & has been associated with this company since 1 year 2 months .

  • Annual General Meeting

    Ask Fras-Le Friction Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

  • Charges

    A charge registered on 17 Jan 2022 via Charge ID 100528039 with Others was fully satisfied on 25 Apr 2023.

  • Charges

    A charge registered on 16 Apr 2019 via Charge ID 100258191 with Others was fully satisfied on 25 Apr 2023.

  • Balance Sheet

    Ask Fras-Le Friction Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Delhi.

Frequently asked questions

  • What is the Incorporation or founding date of Ask Fras-Le Friction Private Limited?

    Ask Fras-Le Friction Private Limited was incorporated on 13 Oct 2017.

  • What is authorized share capital and paid-up capital of Ask Fras-Le Friction Private Limited?

    The authorized share capital of Ask Fras-Le Friction Private Limited is ₹ 90.00 Cr and paid-up capital is ₹ 88.00 Cr.

  • Who are the current board members & directors of Ask Fras-Le Friction Private Limited?

    Currently 7 directors are associated with Ask Fras-Le Friction Private Limited.

    • Kuldip Singh Rathee
    • Aman Rathee
    • Shivraj Singh
    • Anderson Pontalti
    • Laerte Francisco Da Rosa
    • Alfredo Lorenzoni
    • Trishna Choudhary

  • What is the registered address of Ask Fras-Le Friction Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Ask Fras-Le Friction Private Limited is Flat No. 104 929/1 Naiwala Faiz Road Karol Bagh, New Delhi, India, 110005.

  • What is the corporate identification number (CIN) and company number of Ask Fras-Le Friction Private Limited?

    The corporate identification number (CIN) of Ask Fras-Le Friction Private Limited is U34300DL2017PTC324954 and the company number is 324954 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Ask Fras-Le Friction Private Limited?

    The Official website of Ask Fras-Le Friction Private Limited is https://www.askfras-le.com

  • What has been the recent revenue trend for Ask Fras-Le Friction Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Ask Fras-Le Friction Private Limited has risen by 15.51%.

  • How many employees does Ask Fras-Le Friction Private Limited currently have?

    As Per 2023 financial reports, 133 employees are currently employed by Ask Fras-Le Friction Private Limited.

  • What change has been observed in the net worth of Ask Fras-Le Friction Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Ask Fras-Le Friction Private Limited has experienced an upsurge of 273.86%.

  • What are the total open charges for Ask Fras-Le Friction Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Ask Fras-Le Friction Private Limited amount to ₹ 7.00 Cr.

  • When was the last Balance Sheet of Ask Fras-Le Friction Private Limited filed with the ROC?

    The most recent Balance Sheet for Ask Fras-Le Friction Private Limited was filed with the ROC on 31 Mar 2023.

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