Faustus Technologies Private Limited

Founded in 2016 and headquartered in Gujarat, India.

2016 | Ahmedabad, Gujarat (India) | Active
Last Updated: December 14, 2024

Faustus Technologies Profile

Key Indicators

  • Authorised Capital ₹ 4.00 M
  • Paid Up Capital ₹ 3.40 M
  • Company Age 8 Year, 8 Months
  • Last Filing with ROC 31 Mar 2022
  • Satisfied Charges ₹ 1.00 Cr
  • Revenue Growth -84.22%
  • Profit Growth 99.07%
  • Ebitda 87.09%
  • Net Worth -0.17%
  • Total Assets -10.91%

About Faustus Technologies

Faustus Technologies Private Limited (FTPL) is a Private Limited Indian Non-Government Company incorporated in India on 12 May 2016 (Eight years and eight months 21 days old ). Its registered office is in Ahmedabad, Gujarat, India.

The Company is engaged in the Electrical 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 4.00 M and a paid-up capital of Rs 3.40 M.

The company has closed loans amounting to ₹1.00 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Amitkumar Patel, Lopa Patel, Mihir Patel, and Two other members serve as directors at the Company.

Company Details

  • Location

    Ahmedabad, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U74999GJ2016PTC091942

  • Company No.

    091942

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    12 May 2016

  • Date of AGM

    30 Sep 2022

  • Date of Balance Sheet

    31 Mar 2022

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Electrical

What products or services does Faustus Technologies Private Limited offer?

Faustus Technologies Private Limited offers a wide range of products and services, including Heat Exchangers, Shell and Tube Heat Exchanger, Pharmaceutical Machines, Pharmaceutical Processing Equipment, Liquid Filters, Sparkler Filters, Metal Tank, Stainless Steel Tanks, Process Vessels, Storage Vessels.

Who are the key members and board of directors at Faustus Technologies?

Board Members (5)

Name Designation Appointment Date Status
Himangee Patva Country flag representing In Director 13-Jul-2016 Current
Mihir Patel Country flag representing In Director 13-Sep-2017 Current
Amitkumar Patel Country flag representing In Director 12-May-2016 Current
Lopa Patel Country flag representing In Director 13-Jul-2016 Current
Satish Virpara Country flag representing In Director 01-Jun-2021 Current

Financial Performance of Faustus Technologies.

Faustus Technologies Private Limited, for the financial year ended 2020, experienced significant reduction in revenue, with a 84.22% decrease. The company also saw a substantial improvement in profitability, with a 99.07% increase in profit. The company's net worth dipped by a decrease of 0.17%.

Graph illustrating revenue growth over time
Graph showing 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
-84.22%
Revenue from Operations
Total Assets
-10.91%
Profit or Loss
99.07%
Net Worth
-0.17%
EBITDA
87.09%

What is the Ownership and Shareholding Structure of Faustus Technologies?

In 2017, Faustus Technologies 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)

Open Charges

₹0

Satisfied Charges

₹10.00 M

Charges Breakdown by Lending Institutions

  • Others : 1.00 Cr

Latest Charge Details

Date Lender Amount Status
29 Oct 2016 Others ₹8.50 M Satisfied
29 Oct 2016 Others ₹1.50 M Satisfied

How Many Employees Work at Faustus Technologies?

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

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Faustus Technologies, 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 Faustus Technologies'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 Faustus Technologies

Recent activity within the organization

  • Annual General Meeting

    Faustus Technologies Private Limited last Annual general meeting of members was held on 30 Sep 2022 as per latest MCA records.

    30 Sep 2022

  • Balance Sheet

    Faustus Technologies Private Limited has filed its annual Financial statements for the year ended 31 Mar 2022 with Roc Ahmedabad.

    31 Mar 2022

  • Director Appointment

    Satish Ramanlal Virpara was appointed as a Director was appointed as a Director on 01 Jun 2021 & has been associated with this company since 3 years 8 months .

    01 Jun 2021

  • Charges

    A charge registered on 29 Oct 2016 via Charge ID 100077015 with Others was fully satisfied on 07 Feb 2019.

    07 Feb 2019

  • Charges

    A charge registered on 29 Oct 2016 via Charge ID 100077017 with Others was fully satisfied on 07 Feb 2019.

    07 Feb 2019

  • Director Appointment

    Mihir Jayantilal Patel was appointed as a Director was appointed as a Director on 13 Sep 2017 & has been associated with this company since 7 years 4 months .

    13 Sep 2017

Frequently asked questions

  • Faustus Technologies Private Limited was incorporated on 12 May 2016.

  • The authorized share capital of Faustus Technologies Private Limited is ₹ 4.00 M and paid-up capital is ₹ 3.40 M.

  • Currently 5 directors are associated with Faustus Technologies Private Limited.

    • Amitkumar Gordhanbhai Patel
    • Lopa Mihir Patel
    • Mihir Jayantilal Patel
    • Satish Ramanlal Virpara
    • Himangee Patva
  • As per Ministry of Corporate Affairs (Mca), the registered address of Faustus Technologies Private Limited is 14/A Karnawati Apartment B/H Shraddha Petrolpump Judges Bunglows Road Bodakdev Vastrapu R, India, Ahmedabad, Gujarat, 380015.

  • The corporate identification number (CIN) of Faustus Technologies Private Limited is U74999GJ2016PTC091942 and the company number is 091942 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Faustus Technologies Private Limited is https://www.faustus.in

  • According to the financial reports for the fiscal year 2020, the revenue trend for Faustus Technologies Private Limited has fallen by -84.22%.

  • The financial reports for the fiscal year 2020 indicates that The net worth of Faustus Technologies Private Limited has experienced an downturn of -0.17%.

  • The most recent Balance Sheet for Faustus Technologies Private Limited was filed with the ROC on 31 Mar 2022.

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