Fare Labs Profile
Key Indicators
- Authorised Capital ₹ 10.00 Cr
- Paid Up Capital ₹ 10.00 Cr
- Company Age 15 Year, 11 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 18.24 Cr
- Satisfied Charges ₹ 3.25 Cr
- Revenue Growth 40.02%
- Profit Growth 62.71%
- Ebitda 64.13%
- Net Worth 60.71%
- Total Assets 23.02%
About Fare Labs
Fare Labs Private Limited (FLPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 05 March 2009 and has a history of 15 years and 11 months. Its registered office is in Gurugram, Haryana, India.
The Company is engaged in the Food And Beverages 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 10.00 Cr and a paid-up capital of Rs 10.00 Cr.
The company currently has active open charges totaling ₹18.24 Cr. The company has closed loans amounting to ₹3.25 Cr, as per Ministry of Corporate Affairs (MCA) records.
Chandra Shekhar and Dwijendra Mathur serve as directors at the Company.
Company Details
- Location
Gurugram, Haryana, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U73100HR2009PTC105036
- Company No.
188205
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
05 Mar 2009
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Delhi
Industry
Food and Beverages
What products or services does Fare Labs Private Limited offer?
Fare Labs Private Limited offers a wide range of products and services, including Material Testing Labs & Services, Testing Services, Chemical Testing Services, Research and Development (R&D) Work, Product Development Research, Material Testing Services, Environmental Testing Services, Corporate and Soft Skills Training, Corporate Training, Building Material Testing Service.
Who are the key members and board of directors at Fare Labs?
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Chandra Shekhar  | Director | 05-Mar-2009 | Current |
| Dwijendra Mathur | Director | 05-Mar-2009 | Current |
Financial Performance of Fare Labs.
Fare Labs Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 40.02% increase. The company also saw a substantial improvement in profitability, with a 62.71% increase in profit. The company's net worth Soared by an impressive increase of 60.71%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Fare Labs?
In 2021, Fare Labs had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Simple Plant And Process Solutions Private LimitedChandra Shekhar and Dwijendra Mathur are mutual person
Charges (Loans)
Open Charges
₹18.24 Cr
Satisfied Charges
₹3.25 Cr
Charges Breakdown by Lending Institutions
- Hdfc Bank Limited : 9.00 Cr
- Axis Bank Limited : 7.05 Cr
- Tata Capital Financial Services Limited : 1.90 Cr
- The South Indian Bank Limited : 0.28 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 09 Jul 2024 | Axis Bank Limited | ₹7.05 Cr | Open |
| 30 May 2024 | Hdfc Bank Limited | ₹4.76 M | Open |
| 22 Jan 2024 | Hdfc Bank Limited | ₹2.01 M | Open |
| 06 Jan 2024 | The South Indian Bank Limited | ₹0.25 M | Open |
| 12 Oct 2022 | Hdfc Bank Limited | ₹4.58 M | Open |
How Many Employees Work at Fare Labs?
Fare Labs has a workforce of 440 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 Fare Labs, 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 Fare Labs'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 Fare Labs
Recent activity within the organization
- Annual General Meeting
Fare Labs Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Charges
A charge with Axis Bank Limited amounted to Rs. 7.05 Cr with Charge ID 100965997 was registered on 09 Jul 2024.
- Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.48 Cr with Charge ID 100948223 was registered on 30 May 2024.
- Balance Sheet
Fare Labs Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Delhi.
- Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.20 Cr with Charge ID 100892079 was registered on 22 Jan 2024.
- Charges
A charge with The South Indian Bank Limited amounted to Rs. 0.03 Cr with Charge ID 100855481 was registered on 06 Jan 2024.
Recent News, Updates & Announcement
Frequently asked questions
What is the Incorporation or founding date of Fare Labs Private Limited?
Fare Labs Private Limited was incorporated on 05 Mar 2009.
What is authorized share capital and paid-up capital of Fare Labs Private Limited?
The authorized share capital of Fare Labs Private Limited is ₹ 10.00 Cr and paid-up capital is ₹ 10.00 Cr.
Who are the current board members & directors of Fare Labs Private Limited?
Currently 2 directors are associated with Fare Labs Private Limited.
- Chandra Joshi Shekhar
- Dwijendra Mathur
What is the registered address of Fare Labs Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Fare Labs Private Limited is L-17/3 Dlf-Ii, Gurugram India, Gurgaon, Haryana, 122002.
What is the corporate identification number (CIN) and company number of Fare Labs Private Limited?
The corporate identification number (CIN) of Fare Labs Private Limited is U73100HR2009PTC105036 and the company number is 188205 as per Ministry of Corporate Affairs (MCA).
What is the official website of Fare Labs Private Limited?
The Official website of Fare Labs Private Limited is https://www.farelabs.com
What has been the recent revenue trend for Fare Labs Private Limited?
According to the financial reports for the fiscal year 2022, the revenue trend for Fare Labs Private Limited has risen by 40.02%.
How many employees does Fare Labs Private Limited currently have?
As Per 2022 financial reports, 440 employees are currently employed by Fare Labs Private Limited.
What change has been observed in the net worth of Fare Labs Private Limited, and by what percentage?
The financial reports for the fiscal year 2022 indicates that The net worth of Fare Labs Private Limited has experienced an upsurge of 60.71%.
What are the total open charges for Fare Labs Private Limited?
As per the financial statements for fiscal Year 2022, The total open charges for Fare Labs Private Limited amount to ₹ 18.24 Cr.
When was the last Balance Sheet of Fare Labs Private Limited filed with the ROC?
The most recent Balance Sheet for Fare Labs Private Limited was filed with the ROC on 31 Mar 2024.