Fairdeal Multifilament Private Limited

Produces polyester yarn for multiple industries in Gujarat since 2014.

2014 | Ahmedabad, Gujarat (India) | Under Insolvency
Last Updated: January 17, 2025

Fairdeal Multifilament Profile

Key Indicators

  • Authorised Capital ₹ 2.75 Cr
  • Paid Up Capital ₹ 1.89 Cr
  • Company Age 10 Year, 10 Months
  • Last Filing with ROC 31 Mar 2021
  • Open Charges ₹ 44.52 Cr
  • Satisfied Charges ₹ 11.85 Cr
  • Revenue Growth 16.23%
  • Profit Growth -286.61%
  • Ebitda -84.89%
  • Net Worth -168.12%
  • Total Assets -1.86%

About Fairdeal Multifilament

Fairdeal Multifilament Private Limited (FMPL) is Under Cirp company established on 25 Mar 2014 with its office registered at Ahmedabad, Gujarat, India and has been running since 10 Year, 10 Months with a paid up capital of 1.89 Cr. According to MCA records, 3 Directors are linked to this company as of 17 Jan 2025.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    U25200GJ2014PTC079367

  • Company No.

    079367

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    25 Mar 2014

  • Date of AGM

    30 Nov 2021

  • Date of Balance Sheet

    31 Mar 2021

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Manufacturing

What products or services does Fairdeal Multifilament Private Limited offer?

Fairdeal Multifilament Private Limited offers a wide range of products and services, including Jute Carry Bag, Fancy Jute Bag, Polyester Yarn, High Tenacity Polyester Yarn, Conveyor Systems & Components, Conveyor Components.

Who are the key members and board of directors at Fairdeal Multifilament?

Board Members (3)

Name Designation Appointment Date Status
Manoj Sanklecha Country flag representing In Director 25-Mar-2014 Current
Khushboo Modi Country flag representing In Director 25-Mar-2014 Current
Sneh Shah Country flag representing In Director 25-Mar-2014 Current

Financial Performance of Fairdeal Multifilament.

Fairdeal Multifilament Private Limited, for the financial year ended 2021, experienced significant growth in revenue, with a 16.23% increase. The company also saw a substantial fall in profitability, with a 286.61% decrease in profit. The company's net worth observed a substantial decline by a decrease of 168.12%.

Graph illustrating revenue growth over time
Graph showing 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
16.23%
Revenue from Operations
17.60%
Total Assets
-1.86%
Profit or Loss
-286.61%
Net Worth
-168.12%
EBITDA
-84.89%

What is the Ownership and Shareholding Structure of Fairdeal Multifilament?

In 2021, Fairdeal Multifilament had a promoter holding of 99.99% and a public holding of 0.01%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹44.52 Cr

Satisfied Charges

₹11.85 Cr

Charges Breakdown by Lending Institutions

  • Others : 44.52 Cr

Latest Charge Details

Date Lender Amount Status
22 May 2020 Others ₹4.50 M Open
04 Sep 2018 Others ₹22.04 Cr Open
01 Sep 2018 Others ₹22.04 Cr Open
23 Dec 2014 Dena Bank ₹11.85 Cr Satisfied

How Many Employees Work at Fairdeal Multifilament?

Fairdeal Multifilament has a workforce of 32 employees as of Apr 07, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Fairdeal Multifilament, 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 Fairdeal Multifilament'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 Fairdeal Multifilament

Recent activity within the organization

  • Charges

    A charge with Others of Rs. 22.04 Cr registered on 01 Sep 2018 with Charge ID 100203929 was modified on 31 Mar 2022.

    31 Mar 2022

  • Charges

    A charge with Others of Rs. 22.04 Cr registered on 04 Sep 2018 with Charge ID 100203930 was modified on 29 Mar 2022.

    29 Mar 2022

  • Annual General Meeting

    Fairdeal Multifilament Private Limited last Annual general meeting of members was held on 30 Nov 2021 as per latest MCA records.

    30 Nov 2021

  • Balance Sheet

    Fairdeal Multifilament Private Limited has filed its annual Financial statements for the year ended 31 Mar 2021 with Roc Ahmedabad.

    31 Mar 2021

  • Charges

    A charge with Others amounted to Rs. 0.45 Cr with Charge ID 100341798 was registered on 22 May 2020.

    22 May 2020

  • Charges

    A charge registered on 23 Dec 2014 via Charge ID 10542940 with Dena Bank was fully satisfied on 09 Oct 2018.

    09 Oct 2018

Frequently asked questions

  • Fairdeal Multifilament Private Limited was incorporated on 25 Mar 2014.

  • The authorized share capital of Fairdeal Multifilament Private Limited is ₹ 2.75 Cr and paid-up capital is ₹ 1.89 Cr.

  • Currently 3 directors are associated with Fairdeal Multifilament Private Limited.

    • Manoj Zabbarraj Sanklecha
    • Khushboo Ronak Modi
    • Sneh Subhash Shah
  • As per Ministry of Corporate Affairs (Mca), the registered address of Fairdeal Multifilament Private Limited is Block No 49 Nr Gopinath Industrial Park Chacharwadi Vasana, India, Sanand, Gujarat, 382110.

  • The corporate identification number (CIN) of Fairdeal Multifilament Private Limited is U25200GJ2014PTC079367 and the company number is 079367 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Fairdeal Multifilament Private Limited is https://www.fairdealmultifilament.com

  • According to the financial reports for the fiscal year 2021, the revenue trend for Fairdeal Multifilament Private Limited has risen by 16.23%.

  • As Per 2021 financial reports, 32 employees are currently employed by Fairdeal Multifilament Private Limited.

  • The financial reports for the fiscal year 2021 indicates that The net worth of Fairdeal Multifilament Private Limited has experienced an downturn of -168.12%.

  • As per the financial statements for fiscal Year 2021, The total open charges for Fairdeal Multifilament Private Limited amount to ₹ 44.52 Cr.

  • The most recent Balance Sheet for Fairdeal Multifilament Private Limited was filed with the ROC on 31 Mar 2021.