Faraday Energy Systems Private Limited

Designs and develops ION batteries, established in 2017, based in Mumbai.

2017 | Mumbai, Maharashtra (India) | Active
Last Updated:

Faraday Energy Systems Profile

Key Indicators

  • Authorised Capital ₹ 3.00 M
  • Paid Up Capital ₹ 2.60 M
  • Company Age 8 Year, 1 Month
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth %
  • Net Worth
  • Total Assets %

About Faraday Energy Systems

Faraday Energy Systems Private Limited (FESPL) is a Private Limited Indian Non-Government Company incorporated in India on 03 February 2017 (Eight years and one month 23 days old ). Its registered office is in Mumbai, Maharashtra, India.

The Company is engaged in the Energy And Power 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 M and a paid-up capital of Rs 2.60 M, as per Ministry of Corporate Affairs (MCA) records.

Prakash Panjwani and Akhil Panjwani serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U74999MH2017PTC290169

  • Company No.

    290169

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    03 Feb 2017

  • Date of AGM

    27 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Energy and Power

Who are the key members and board of directors at Faraday Energy Systems?

Executive Team (1)

NameDesignationAppointment DateStatus
Akhil Panjwani Country flag representing In Managing Director03-Feb-2017Current

Board Members (1)

NameDesignationAppointment DateStatus
Prakash Panjwani Country flag representing In Director 03-Feb-2017Current

Financial Performance of Faraday Energy Systems.

Faraday Energy Systems Private Limited, for the financial year ended 2022, experienced no change in revenue, with a 0% increase. The company also saw a no change in profitability, with a 0% increase in profit. The company's net worth witnessed no change by increase of 0%.

Faraday Energy Systems revenue growth over time
Faraday Energy Systems 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
Revenue from Operations
Total Assets
Profit or Loss
Net Worth
EBITDA

What is the Ownership and Shareholding Structure of Faraday Energy Systems?

In 2021, Faraday Energy Systems 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)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Faraday Energy Systems?

Unlock and access historical data on people associated with Faraday Energy Systems, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee growth trends for Faraday Energy Systems Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Faraday Energy Systems, 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 Faraday Energy Systems'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 Faraday Energy Systems

Recent activity within the organization

  • Annual General Meeting

    Faraday Energy Systems Private Limited last Annual general meeting of members was held on 27 Sep 2024 as per latest MCA records.

  • Balance Sheet

    Faraday Energy Systems Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

  • Director Appointment

    Prakash Hiralal Panjwani was appointed as a Director was appointed as a Director on 03 Feb 2017 & has been associated with this company since 8 years 1 month .

  • Director Appointment

    Akhil Prakash Panjwani was appointed as a Managing Director was appointed as a Managing Director on 03 Feb 2017 & has been associated with this company since 8 years 1 month .

  • Company Incorporation

    Faraday Energy Systems Private Limited was registered on 03 Feb 2017 with Roc Mumbai & aged 8 years 1 month as per MCA records.

Recent News, Updates & Announcement

Frequently asked questions

  • What is the Incorporation or founding date of Faraday Energy Systems Private Limited?

    Faraday Energy Systems Private Limited was incorporated on 03 Feb 2017.

  • What is authorized share capital and paid-up capital of Faraday Energy Systems Private Limited?

    The authorized share capital of Faraday Energy Systems Private Limited is ₹ 3.00 M and paid-up capital is ₹ 2.60 M.

  • Who are the current board members & directors of Faraday Energy Systems Private Limited?

    Currently 2 directors are associated with Faraday Energy Systems Private Limited.

    • Prakash Hiralal Panjwani
    • Akhil Prakash Panjwani
  • What is the registered address of Faraday Energy Systems Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Faraday Energy Systems Private Limited is 312 Fida Building Sheikh Memon Street, Zaveri Bazar India, Mumbai, Maharashtra, 400002.

  • What is the corporate identification number (CIN) and company number of Faraday Energy Systems Private Limited?

    The corporate identification number (CIN) of Faraday Energy Systems Private Limited is U74999MH2017PTC290169 and the company number is 290169 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Faraday Energy Systems Private Limited?

    The Official website of Faraday Energy Systems Private Limited is https://www.ionenergy.co

  • When was the last Balance Sheet of Faraday Energy Systems Private Limited filed with the ROC?

    The most recent Balance Sheet for Faraday Energy Systems Private Limited was filed with the ROC on 31 Mar 2024.