Fairtech Engineering Services Profile
Key Indicators
- Authorised Capital ₹ 3.00 Cr
- Paid Up Capital ₹ 3.00 Cr
- Company Age 17 Year, 10 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 1.00 M
- Satisfied Charges ₹ 0.75 M
- Revenue Growth -80.43%
- Profit Growth 83.60%
- Ebitda 89.13%
- Net Worth 7.41%
- Total Assets 4.51%
About Fairtech Engineering Services
Fairtech Engineering Services Private Limited (FESPL) is a Private Limited Indian Non-Government Company incorporated in India on 02 April 2007 and has a history of 17 years and ten months. Its registered office is in Bangaluru, Karnataka, India.
The Company is engaged in the Engineering Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 3.00 Cr and a paid-up capital of Rs 3.00 Cr.
The company currently has active open charges totaling ₹1.00 M. The company has closed loans amounting to ₹0.75 M, as per Ministry of Corporate Affairs (MCA) records.
Subramani Srinivasan, Usha Subramani, and Kengal Prakash serve as directors at the Company.
Company Details
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Location
Bangaluru, Karnataka, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media-
Corporate Identity Details
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CIN/LLPIN
U72200KA2007PTC042335
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Company No.
042335
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
02 Apr 2007
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Date of AGM
26 Sep 2024
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Date of Balance Sheet
31 Mar 2024
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Listing Status
Unlisted
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ROC Code
Roc Bangalore
Industry
What products or services does Fairtech Engineering Services Private Limited offer?
Fairtech Engineering Services Private Limited offers a wide range of products and services, including Material & Product Analysis Service, Structural Analysis Services, Industrial Design Services, Material Testing Labs & Services, Chemical Testing Services, Product Designing, Project Feasibility Studies, Market Research Service, Product Prototyping Services, Product Engineering Service.
Who are the key members and board of directors at Fairtech Engineering Services?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Subramani Srinivasan
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Managing Director | 02-Apr-2007 | Current |
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
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Usha Subramani
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Director | 02-Apr-2007 | Current |
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Kengal Prakash
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Director | 25-Jul-2019 | Current |
Financial Performance of Fairtech Engineering Services.
Fairtech Engineering Services Private Limited, for the financial year ended 2020, experienced significant reduction in revenue, with a 80.43% decrease. The company also saw a substantial improvement in profitability, with a 83.6% increase in profit. The company's net worth moved up by a moderate rise of 7.41%.
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What is the Ownership and Shareholding Structure of Fairtech Engineering Services?
In 2020, Fairtech Engineering Services had a promoter holding of 87.45% and a public holding of 12.55%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
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Chatleigh Energy Private LimitedSubramani Srinivasan and Usha Subramani are mutual person
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Hyde Aviation Engineering India Private Limited
Subramani Srinivasan and Usha Subramani are mutual person
Charges (Loans)
₹0.10 Cr
₹0.08 Cr
Charges Breakdown by Lending Institutions
- Indian Bank : 0.10 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 02 Jul 2009 | Indian Bank | ₹1.00 M | Open |
| 14 Nov 2009 | Indian Bank | ₹0.75 M | Satisfied |
How Many Employees Work at Fairtech Engineering Services?
Unlock and access historical data on people associated with Fairtech Engineering Services, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Fairtech Engineering Services, 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 Fairtech Engineering Services's trajectory.
Rating
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
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.
