Faithful Commercial Profile
Key Indicators
- Authorised Capital ₹ 1.50 Cr
as on 19-12-2024
- Paid Up Capital ₹ 9.95 M
as on 19-12-2024
- Company Age 41 Year, 8 Months
- Last Filing with ROC 31 Mar 2022
- Open Charges ₹ 16.42 Cr
as on 19-12-2024
- Satisfied Charges ₹ 6.75 Cr
as on 19-12-2024
- Revenue -20.09%
(FY 2021)
- Profit 31.69%
(FY 2021)
- Ebitda -1.09%
(FY 2021)
- Net Worth 4.00%
(FY 2021)
- Total Assets 12.18%
(FY 2021)
About Faithful Commercial
The Company is engaged in the Transport And Logistics Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2022. It's a company limited by shares with an authorized capital of Rs 1.50 Cr and a paid-up capital of Rs 9.95 M.
The company currently has active open charges totaling ₹16.42 Cr. The company has closed loans amounting to ₹6.75 Cr, as per Ministry of Corporate Affairs (MCA) records.
Sumit Rungta, Prabha Rungta, and Mishita Rungta serve as directors at the Company.
- CIN/LLPIN
U51909WB1983PLC036180
- Company No.
036180
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
15 Apr 1983
- Date of AGM
30 Sep 2022
- Date of Balance Sheet
31 Mar 2022
- Listing Status
Unlisted
- ROC Code
Roc Kolkata
Industry
Company Details
- Location
Kolkata, West Bengal, India
- Telephone
- Email Address
- Website
-
- Social Media-
Who are the key members and board of directors at Faithful Commercial?
Board Members(3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Mishita Rungta  | Director | 31-Jan-2022 | Current |
| Sumit Rungta | Director | 15-Oct-2001 | Current |
| Prabha Rungta | Director | 16-Feb-2012 | Current |
Financial Performance of Faithful Commercial.
Faithful Commercial Ltd, for the financial year ended 2021, experienced significant reduction in revenue, with a 20.09% decrease. The company also saw a substantial improvement in profitability, with a 31.69% increase in profit. The company's net worth moved up by a moderate rise of 4%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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What is the Ownership and Shareholding Structure of Faithful Commercial?
In 2022, Faithful Commercial had a promoter holding of 100.00%. The company had 2 Associate Companies. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Atindriya Agro Private LimitedActive 12 years 5 monthsSumit Rungta and Prabha Rungta are mutual person
- Mandelashri Industries Private LimitedActive 4 years 7 months
Sumit Rungta and Prabha Rungta are mutual person
- Shreekeshav Industries Private LimitedActive 11 years 1 month
Sumit Rungta and Prabha Rungta are mutual person
- Amba Fibres LimitedActive 27 years 5 months
Sumit Rungta, Prabha Rungta and 1 more are mutual person
- Zoom Textiles & Finance Pvt. Ltd.Active 32 years 2 months
Sumit Rungta and Prabha Rungta are mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Others Creation Date: 30 Jun 2020 | ₹1.77 Cr | Open |
Others Creation Date: 28 Aug 2018 | ₹1.50 M | Open |
Others Creation Date: 01 Jul 2016 | ₹2.70 Cr | Open |
How Many Employees Work at Faithful Commercial?
Faithful Commercial has a workforce of 16 employees as of Apr 06, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Faithful Commercial, 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 Faithful Commercial'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.
