Fatak Retail Limited

This company trades and distributes household appliances, including electronics and non-electronics.

2002 | Thane, Maharashtra (India) | Active
Last Updated:

Fatak Retail Profile

Key Indicators

  • Authorised Capital ₹ 2.00 Cr
  • Paid Up Capital ₹ 2.00 M
  • Company Age 22 Year, 6 Months
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth 45.81%
  • Profit Growth 134.67%
  • Ebitda 65.10%
  • Net Worth 9.30%
  • Total Assets -0.58%

About Fatak Retail

Fatak Retail Limited (FRL) is a Public Limited Indian Non-Government Company incorporated in India on 12 August 2002 and has a history of 22 years and six months. Its registered office is in Thane, Maharashtra, India.

The Corporate was formerly known as Elite Shops Limited. The Company is engaged in the Consumer Electronics & Durables 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 2.00 Cr and a paid-up capital of Rs 2.00 M, as per Ministry of Corporate Affairs (MCA) records.

Ramesh Ratanshi, Jayshree Patel, and Shivam Patel serve as directors at the Company.

Company Details

  • Location

    Thane, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U52334MH2002PLC136801

  • Company No.

    136801

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    12 Aug 2002

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Consumer Electronics & Durables

Who are the key members and board of directors at Fatak Retail?

Board Members (3)

NameDesignationAppointment DateStatus
Ramesh Ratanshi Country flag representing In Director 03-Apr-2004Current
Jayshree Patel Country flag representing In Director 25-Jun-2011Current
Shivam Patel Country flag representing In Additional Director 25-May-2022Current

Financial Performance of Fatak Retail.

Fatak Retail Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 45.81% increase. The company also saw a substantial improvement in profitability, with a 134.67% increase in profit. The company's net worth moved up by a moderate rise of 9.3%.

Fatak Retail revenue growth over time
Fatak Retail 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
45.81%
Revenue from Operations
Total Assets
-0.58%
Profit or Loss
134.67%
Net Worth
9.30%
EBITDA
65.10%

What is the Ownership and Shareholding Structure of Fatak Retail?

In 2023, Fatak Retail had a promoter holding of 83.00% and a public holding of 17.00%. 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 Fatak Retail?

Fatak Retail has a workforce of 0 employees as of Apr 05, 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.

Employee growth trends for Fatak Retail Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Fatak Retail, 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 Fatak Retail'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 Fatak Retail

Recent activity within the organization

  • Annual General Meeting

    Fatak Retail Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Balance Sheet

    Fatak Retail Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

  • Director Appointment

    Shivam Ramesh Patel was appointed as a Additional Director was appointed as a Additional Director on 25 May 2022 & has been associated with this company since 2 years 9 months .

  • Director Appointment

    Jayshree Ramesh Patel was appointed as a Director was appointed as a Director on 25 Jun 2011 & has been associated with this company since 13 years 8 months .

  • Director Appointment

    Ramesh Patel Ratanshi was appointed as a Director was appointed as a Director on 03 Apr 2004 & has been associated with this company since 20 years 11 months .

  • Company Incorporation

    Fatak Retail Limited was registered on 12 Aug 2002 with Roc Mumbai & aged 22 years 6 months as per MCA records.

Frequently asked questions

  • What is the Incorporation or founding date of Fatak Retail Limited?

    Fatak Retail Limited was incorporated on 12 Aug 2002.

  • What is authorized share capital and paid-up capital of Fatak Retail Limited?

    The authorized share capital of Fatak Retail Limited is ₹ 2.00 Cr and paid-up capital is ₹ 2.00 M.

  • Who are the current board members & directors of Fatak Retail Limited?

    Currently 3 directors are associated with Fatak Retail Limited.

    • Ramesh Patel Ratanshi
    • Jayshree Ramesh Patel
    • Shivam Ramesh Patel

  • What is the registered address of Fatak Retail Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Fatak Retail Limited is Flat No.001.Ground Floor A3 Ramyam Society Kulgaon- Karjat Road Vangani-East Ambern Ath, Thane India, Ambernat, Maharashtra, 421503.

  • What is the corporate identification number (CIN) and company number of Fatak Retail Limited?

    The corporate identification number (CIN) of Fatak Retail Limited is U52334MH2002PLC136801 and the company number is 136801 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for Fatak Retail Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Fatak Retail Limited has risen by 45.81%.

  • What change has been observed in the net worth of Fatak Retail Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Fatak Retail Limited has experienced an upsurge of 9.30%.

  • When was the last Balance Sheet of Fatak Retail Limited filed with the ROC?

    The most recent Balance Sheet for Fatak Retail Limited was filed with the ROC on 31 Mar 2024.

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