Faradays Industries Private Limited
This company operates a variety of hospitality and entertainment businesses, both domestically and internationally.
1975 | Chandigarh, Chandigarh (India) | Active
Faradays Industries Profile
Key Indicators
- Authorised Capital ₹ 3.00 Cr
- Paid Up Capital ₹ 1.25 Cr
- Company Age 50 Year, 1 Month
- Last Filing with ROC 31 Mar 2022
- Open Charges ₹ 48.88 Cr
- Satisfied Charges ₹ 20.53 Cr
- Revenue Growth %
- Profit Growth -1468.00%
- Ebitda -1468.00%
- Net Worth -0.00%
- Total Assets -0.13%
About Faradays Industries
Faradays Industries Private Limited (FIPL) is a Private Limited Indian Non-Government Company incorporated in India on 03 April 1975 and has a history of 50 years and one month. Its registered office is in Chandigarh, Chandigarh.
The Corporate was formerly known as Faradays Engineering Industries Pvt Ltd. The Company is engaged in the Travel And Hospitality 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 3.00 Cr and a paid-up capital of Rs 1.25 Cr.
The company currently has active open charges totaling ₹48.88 Cr. The company has closed loans amounting to ₹20.53 Cr, as per Ministry of Corporate Affairs (MCA) records.
Hitesh Gandhi and Prem Gandhi serve as directors at the Company.
Company Details
- Location Chandigarh, Chandigarh
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U55101CH1975PTC003550
- Company No.
003550
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
03 Apr 1975
- Date of AGM
30 Sep 2022
- Date of Balance Sheet
31 Mar 2022
- Listing Status
Unlisted
- ROC Code
Roc Chandigarh
Industry
Travel and Hospitality
Faradays Industries Private Limited
Explore comprehensive data for Faradays Industries Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Faradays Industries?
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Hitesh Gandhi  | Director | 15-Sep-2008 | Current |
| Prem Gandhi | Director | 15-Sep-2008 | Current |
Financial Performance of Faradays Industries.
Faradays Industries Private Limited, for the financial year ended 2021, experienced no change in revenue, with a 0% increase. The company also saw a substantial fall in profitability, with a 1468% decrease in profit. The company's net worth witnessed no change by increase of 0%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Faradays Industries?
In 2021, Faradays Industries had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
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- Rashma Finance Pvt Ltd
Hitesh Gandhi and Prem Gandhi are mutual person
- K. C. Land And Finance Limited
Hitesh Gandhi and Prem Gandhi are mutual person
- Pandoga Education And Research Foundation
Hitesh Gandhi and Prem Gandhi are mutual person
Charges (Loans)
Open Charges
₹48.88 Cr
Satisfied Charges
₹20.53 Cr
Charges Breakdown by Lending Institutions
- Phoenix Arc Private Limited : 48.88 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 16 Dec 2010 | Phoenix Arc Private Limited | ₹48.88 Cr | Open |
| 28 Sep 2001 | Oriental Bank Of Commerce | ₹3.21 Cr | Satisfied |
| 28 Sep 2001 | Oriental Bank Of Commerce | ₹1.86 Cr | Satisfied |
| 21 Oct 2000 | Oriental Bank Of Commerce | ₹1.25 Cr | Satisfied |
| 02 Aug 1999 | Oriental Bank Of Commerce | ₹7.50 M | Satisfied |
How Many Employees Work at Faradays Industries?
Unlock and access historical data on people associated with Faradays Industries, 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 Faradays Industries, 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 Faradays Industries'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.
Latest Updates, News, and FAQs on Faradays Industries
Recent activity within the organization
- Annual General Meeting
Faradays Industries Private Limited last Annual general meeting of members was held on 30 Sep 2022 as per latest MCA records.
- Balance Sheet
Faradays Industries Private Limited has filed its annual Financial statements for the year ended 31 Mar 2022 with Roc Chandigarh.
- Charges
A charge with Phoenix Arc Private Limited of Rs. 48.88 Cr registered on 16 Dec 2010 with Charge ID 10259703 was modified on 24 Mar 2015.
- Charges
A charge with Phoenix Arc Private Limited amounted to Rs. 48.88 Cr with Charge ID 10259703 was registered on 16 Dec 2010.
- Charges
A charge registered on 31 Dec 1985 via Charge ID 90328648 with Delhi Financial Corporation was fully satisfied on 14 Jul 2010.
- Charges
A charge registered on 28 Sep 2001 via Charge ID 80046573 with Oriental Bank Of Commerce was fully satisfied on 28 Apr 2010.
Frequently asked questions
What is the Incorporation or founding date of Faradays Industries Private Limited?
Faradays Industries Private Limited was incorporated on 03 Apr 1975.
What is authorized share capital and paid-up capital of Faradays Industries Private Limited?
The authorized share capital of Faradays Industries Private Limited is ₹ 3.00 Cr and paid-up capital is ₹ 1.25 Cr.
Who are the current board members & directors of Faradays Industries Private Limited?
Currently 2 directors are associated with Faradays Industries Private Limited.
- Hitesh Gandhi
- Prem Pal Gandhi
What is the registered address of Faradays Industries Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Faradays Industries Private Limited is S.C.O. 377-380 Sector 35B India, Chandigarh, 160035.
What is the corporate identification number (CIN) and company number of Faradays Industries Private Limited?
The corporate identification number (CIN) of Faradays Industries Private Limited is U55101CH1975PTC003550 and the company number is 003550 as per Ministry of Corporate Affairs (MCA).
What change has been observed in the net worth of Faradays Industries Private Limited, and by what percentage?
The financial reports for the fiscal year 2021 indicates that The net worth of Faradays Industries Private Limited has experienced an downturn of -0.00%.
What are the total open charges for Faradays Industries Private Limited?
As per the financial statements for fiscal Year 2021, The total open charges for Faradays Industries Private Limited amount to ₹ 48.88 Cr.
When was the last Balance Sheet of Faradays Industries Private Limited filed with the ROC?
The most recent Balance Sheet for Faradays Industries Private Limited was filed with the ROC on 31 Mar 2022.
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