Favorich Infra Private Limited

Develops and maintains food processing infrastructures and provides allied infrastructure facilities.

2009 | Bangaluru, Karnataka (India) | Active
Last Updated: December 30, 2024

Favorich Infra Profile

Key Indicators

  • Authorised Capital ₹ 40.00 Cr
  • Paid Up Capital ₹ 34.49 Cr
  • Company Age 15 Year, 6 Months
  • Last Filing with ROC 31 Mar 2022
  • Open Charges ₹ 27.34 Cr
  • Revenue Growth -98.84%
  • Profit Growth 99.85%
  • Ebitda 99.90%
  • Net Worth -99.88%
  • Total Assets -99.87%

About Favorich Infra

Favorich Infra Private Limited (FIPL) is a Private Limited Indian Non-Government Company incorporated in India on 24 August 2009 and has a history of 15 years and six months. Its registered office is in Bangaluru, Karnataka, India.

The Corporate was formerly known as Nakshatra Power Private Limited. The Company is engaged in the Infrastructure And Utilities 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 40.00 Cr and a paid-up capital of Rs 34.49 Cr.

The company currently has active open charges totaling ₹27.34 Cr.

The Key Managerial Personnel (KMP) at Favorich Infra Private Limited India is Geetika Khandelwal as COMPANY SECRETARY. Cherukuru Naidu, Sanjeev Maraddi, and Cherukuru Naidu serve as directors at the Company.

Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    favorich.in

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U45400KA2009PTC050716

  • Company No.

    050716

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    24 Aug 2009

  • Date of AGM

    30 Sep 2022

  • Date of Balance Sheet

    31 Mar 2022

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Infrastructure and Utilities

Who are the key members and board of directors at Favorich Infra?

Executive Team (1)

NameDesignationAppointment DateStatus
Geetika Khandelwal Company Secretary12-Jul-2023Current

Board Members (3)

NameDesignationAppointment DateStatus
Cherukuru Naidu Country flag representing In Director 24-Aug-2009Current
Sanjeev Maraddi Country flag representing In Nominee Director 24-Sep-2021Current
Cherukuru Naidu Country flag representing In Additional Director 21-Jul-2011Current

Financial Performance of Favorich Infra.

Favorich Infra Private Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 98.84% decrease. The company also saw a substantial improvement in profitability, with a 99.85% increase in profit. The company's net worth observed a substantial decline by a decrease of 99.88%.

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
-98.84%
Revenue from Operations
Total Assets
-99.87%
Profit or Loss
99.85%
Net Worth
-99.88%
EBITDA
99.90%

What is the Ownership and Shareholding Structure of Favorich Infra?

In 2022, Favorich Infra had a promoter holding of 61.41% and a public holding of 38.59%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹27.34 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Others : 27.34 Cr

Latest Charge Details

DateLenderAmountStatus
02 Jul 2020Others₹3.10 CrOpen
08 Jul 2019Others₹2.44 MOpen
15 Jun 2018Others₹24.00 CrOpen

How Many Employees Work at Favorich Infra?

Unlock and access historical data on people associated with Favorich Infra, 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 Favorich Infra, 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 Favorich Infra'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 Favorich Infra

Recent activity within the organization

  • Director Appointment

    Geetika Khandelwal was appointed as a Company Secretary was appointed as a Company Secretary on 12 Jul 2023 & has been associated with this company since 1 year 7 months .

    12 Jul 2023

  • Annual General Meeting

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

    30 Sep 2022

  • Balance Sheet

    Favorich Infra Private Limited has filed its annual Financial statements for the year ended 31 Mar 2022 with Roc Bangalore.

    31 Mar 2022

  • Charges

    A charge with Others of Rs. 3.10 Cr registered on 02 Jul 2020 with Charge ID 100354829 was modified on 07 Jan 2022.

    07 Jan 2022

  • Director Appointment

    Sanjeev Venkaraddi Maraddi was appointed as a Nominee Director was appointed as a Nominee Director on 24 Sep 2021 & has been associated with this company since 3 years 5 months .

    24 Sep 2021

  • Charges

    A charge with Others of Rs. 24.00 Cr registered on 15 Jun 2018 with Charge ID 100196498 was modified on 15 Feb 2021.

    15 Feb 2021

Frequently asked questions

  • Favorich Infra Private Limited was incorporated on 24 Aug 2009.

  • The authorized share capital of Favorich Infra Private Limited is ₹ 40.00 Cr and paid-up capital is ₹ 34.49 Cr.

  • Currently 4 directors are associated with Favorich Infra Private Limited.

    • Cherukuru Jayadev Naidu
    • Geetika Khandelwal
    • Sanjeev Venkaraddi Maraddi
    • Cherukuru Vishal Naidu
  • As per Ministry of Corporate Affairs (Mca), the registered address of Favorich Infra Private Limited is No. 105 First Floor Embassy Square, 148 Infantry Road India, Bangalore, Karnataka, 560001.

  • The corporate identification number (CIN) of Favorich Infra Private Limited is U45400KA2009PTC050716 and the company number is 050716 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Favorich Infra Private Limited is https://www.favorich.in

  • According to the financial reports for the fiscal year 2022, the revenue trend for Favorich Infra Private Limited has fallen by -98.84%.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Favorich Infra Private Limited has experienced an downturn of -99.88%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Favorich Infra Private Limited amount to ₹ 27.34 Cr.

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

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