Fenace Auto Limited

Manufactures and machines ferrous castings in Pune, Maharashtra.

2010 | Haveli, Maharashtra (India) | Active
Last Updated: July 05, 2024

Fenace Auto Profile

Key Indicators

  • Authorised Capital ₹ 20.00 Cr
  • Paid Up Capital ₹ 16.39 Cr
  • Company Age 14 Year, 2 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 479.25 Cr
  • Satisfied Charges ₹ 902.75 Cr
  • Revenue Growth 79.68%
  • Profit Growth 53.08%
  • Ebitda 106.57%
  • Net Worth 7.82%
  • Total Assets 9.40%

About Fenace Auto

Fenace Auto Limited (FAL) is a leading Public Limited Indian Non-Government Company incorporated in India on 23 November 2010 and has a history of 14 years and two months. Its registered office is in Haveli, Maharashtra, India.

The Company is engaged in the Automotive 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 20.00 Cr and a paid-up capital of Rs 16.39 Cr.

The company currently has active open charges totaling ₹479.25 Cr. The company has closed loans amounting to ₹902.75 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Fenace Auto Limited India are Tejashree Deshmukh as COMPANY SECRETARY and Vijay Patil as Cfo. Bhagwantrao More, Vitthal Jadhav, Ashok Tagare, and Four other members serve as directors at the Company.

Company Details

  • Location

    Haveli, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U74900PN2010PLC189092

  • Company No.

    189092

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    23 Nov 2010

  • Date of AGM

    27 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Pune

Industry

Automotive

Who are the key members and board of directors at Fenace Auto?

Executive Team (3)

Name Designation Appointment Date Status
Tejashree Deshmukh Company Secretary 02-Jan-2023 Current
Vijay Patil CFO 18-Feb-2023 Current
Deepak Mahajan Country flag representing In Managing Director 25-Mar-2021 Current

Board Members (6)

Name Designation Appointment Date Status
Supriya Badve Country flag representing In Director 27-Feb-2019 Current
Shrikant Badve Country flag representing In Director 27-Feb-2019 Current
Deepak Shikarpur Country flag representing In Director 23-May-2022 Current
Bhagwantrao More Country flag representing In Director 04-May-2020 Current
Vitthal Jadhav Country flag representing In Director 16-Mar-2020 Current
Ashok Tagare Country flag representing In Director 27-Feb-2019 Current

Financial Performance of Fenace Auto.

Fenace Auto Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 79.68% increase. The company also saw a substantial improvement in profitability, with a 53.08% increase in profit. The company's net worth moved up by a moderate rise of 7.82%.

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
79.68%
Revenue from Operations
79.89%
Total Assets
9.40%
Profit or Loss
53.08%
Net Worth
7.82%
EBITDA
106.57%

What is the Ownership and Shareholding Structure of Fenace Auto?

In 2023, Fenace Auto had a promoter holding of 96.79% and a public holding of 3.21%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹479.25 Cr

Satisfied Charges

₹902.75 Cr

Charges Breakdown by Lending Institutions

  • Others : 459.25 Cr
  • Idbi Trusteeship Services Limited : 20.00 Cr

Latest Charge Details

Date Lender Amount Status
25 Mar 2022 Others ₹49.25 Cr Open
17 Sep 2019 Others ₹205.00 Cr Open
31 May 2019 Others ₹130.00 Cr Open
13 Mar 2019 Idbi Trusteeship Services Limited ₹20.00 Cr Open
11 Mar 2019 Others ₹75.00 Cr Open

How Many Employees Work at Fenace Auto?

Unlock and access historical data on people associated with Fenace Auto, 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 Fenace Auto, 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 Fenace Auto'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 Fenace Auto

Recent activity within the organization

  • Annual General Meeting

    Fenace Auto Limited last Annual general meeting of members was held on 27 Sep 2023 as per latest MCA records.

    27 Sep 2023

  • Balance Sheet

    Fenace Auto Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Pune.

    31 Mar 2023

  • Director Appointment

    Tejashree Pramod Deshmukh was appointed as a Company Secretary was appointed as a Company Secretary on 02 Jan 2023 & has been associated with this company since 2 years 1 month .

    02 Jan 2023

  • Charges

    A charge with Others of Rs. 49.25 Cr registered on 25 Mar 2022 with Charge ID 100549307 was modified on 28 Sep 2022.

    28 Sep 2022

  • Charges

    A charge with Idbi Trusteeship Services Limited of Rs. 20.00 Cr registered on 13 Mar 2019 with Charge ID 100267513 was modified on 14 Sep 2022.

    14 Sep 2022

  • Charges

    A charge with Others amounted to Rs. 49.25 Cr with Charge ID 100549307 was registered on 25 Mar 2022.

    25 Mar 2022

Recent News, Updates & Announcement

Frequently asked questions

  • Fenace Auto Limited was incorporated on 23 Nov 2010.

  • The authorized share capital of Fenace Auto Limited is ₹ 20.00 Cr and paid-up capital is ₹ 16.39 Cr.

  • Currently 9 directors are associated with Fenace Auto Limited.

    • Tejashree Pramod Deshmukh
    • Bhagwantrao Dattajirao More
    • Vitthal Jadhav
    • Ashok Vishnu Tagare
    • Supriya Shrikant Badve
    • Shrikant Shankar Badve
    • Deepak Vasudeo Shikarpur
    • Vijay Shantaram Patil
    • Deepak Narayan Mahajan
  • As per Ministry of Corporate Affairs (Mca), the registered address of Fenace Auto Limited is Off 201 Tps 1 2Nd Floor, Pride Kumar Senate Fp 402 Shivaji Housing Society, Haveli, Maharashtra, India, 411016.

  • The corporate identification number (CIN) of Fenace Auto Limited is U74900PN2010PLC189092 and the company number is 189092 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Fenace Auto Limited is https://www.badvegroup.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Fenace Auto Limited has risen by 79.68%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Fenace Auto Limited has experienced an upsurge of 7.82%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Fenace Auto Limited amount to ₹ 479.25 Cr.

  • The most recent Balance Sheet for Fenace Auto Limited was filed with the ROC on 31 Mar 2023.

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