Favo Hardware Profile
Key Indicators
- Authorised Capital ₹ 1.00 M
- Paid Up Capital ₹ 1.00 M
- Company Age 10 Year, 4 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 2.10 Cr
- Satisfied Charges ₹ 2.50 M
- Revenue Growth 45.31%
- Profit Growth 7.17%
- Ebitda 28.51%
- Net Worth 35.23%
- Total Assets 55.80%
About Favo Hardware
Favo Hardware Private Limited (FHPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 22 September 2014 and has a history of Ten years and four months. Its registered office is in Guwahati, Assam, India.
The Corporate was formerly known as One Touch Business Solutions Private Limited. The Company is engaged in the Media And Publishing Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 1.00 M and a paid-up capital of Rs 1.00 M.
The company currently has active open charges totaling ₹2.10 Cr. The company has closed loans amounting to ₹2.50 M, as per Ministry of Corporate Affairs (MCA) records.
Company Details
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Location
Guwahati, Assam, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media
Corporate Identity Details
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CIN/LLPIN
U74999AS2014PTC011946
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Company No.
011946
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
22 Sep 2014
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Date of AGM
30 Sep 2023
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Date of Balance Sheet
31 Mar 2023
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Listing Status
Unlisted
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ROC Code
Roc Shillong
Industry
What products or services does Favo Hardware Private Limited offer?
Favo Hardware Private Limited offers a wide range of products and services, including Door, Window Handles & Knockers, Door Handles, Door & Window, Hinges & Fittings, Brass Hinges, Brackets, Holder & Hardware Fittings, Metal Channels, Tower Bolts, Adhesive & Pressure Sensitive Tapes, Stationery Tape, Drawer Hardware.
Who are the key members and board of directors at Favo Hardware?
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Megha Agarwal
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Director | 02-Feb-2018 | Current |
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Nitesh Agarwal
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Director | 12-Mar-2022 | Current |
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Suman Agarwala
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Director | 22-Sep-2014 | Current |
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Nitin Agarwalla
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Director | 22-Sep-2014 | Current |
Financial Performance of Favo Hardware.
Favo Hardware Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 45.31% increase. The company also saw a slight improvement in profitability, with a 7.17% increase in profit. The company's net worth Soared by an impressive increase of 35.23%.
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What is the Ownership and Shareholding Structure of Favo Hardware?
In 2023, Favo Hardware had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Charges (Loans)
₹21.00 M
₹2.50 M
Charges Breakdown by Lending Institutions
- Hdfc Bank Limited : 2.10 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 12 Jun 2023 | Hdfc Bank Limited | ₹1.30 Cr | Open |
| 10 Aug 2022 | Hdfc Bank Limited | ₹8.00 M | Open |
| 11 Mar 2021 | North Eastern Development Finance Corporation Limited | ₹2.50 M | Satisfied |
How Many Employees Work at Favo Hardware?
Unlock and access historical data on people associated with Favo Hardware, 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 Favo Hardware, 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 Favo Hardware'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.