Festo India Private Limited

Designs and manufactures pneumatic products such as valves, cylinders, and actuators.

1986 | Bangaluru, Karnataka (India) | Active
Last Updated:

Festo India Profile

Key Indicators

  • Authorised Capital ₹ 10.00 Cr
  • Paid Up Capital ₹ 2.75 Cr
  • Company Age 39 Year, 3 Months
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 5.45 Cr
  • Revenue Growth 35.64%
  • Profit Growth 98.69%
  • Ebitda 71.29%
  • Net Worth 7.34%
  • Total Assets 6.91%

About Festo India

Festo India Private Limited (FIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 03 February 1986 and has a history of 39 years and three months. Its registered office is in Bangaluru, Karnataka, India.

The Corporate was formerly known as Festo Controls Limited. The Company is engaged in the Information Technology 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 10.00 Cr and a paid-up capital of Rs 2.75 Cr.

The company has closed loans amounting to ₹5.45 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Rashmikant Joshi, Piyushkumar Shah, Sudarsan Varadaraj, and One other member serve as directors at the Company.

Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U29220KA1986PTC007449

  • Company No.

    007449

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    03 Feb 1986

  • Date of AGM

    26 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Information Technology

What products or services does Festo India Private Limited offer?

Festo India Private Limited offers a wide range of products and services, including Filter Assemblies and Spare Parts, Filter Components, Industrial & Engineering Goods, Industrial Silencers, Intelligence and Spying Devices, Robot Machine, Industrial Valves & Valve Fittings, Check Valves, Switches & Switch Boxes, Rotary Switch.

Company report

Festo India Private Limited

Explore comprehensive data for Festo India Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Festo India?

Executive Team (1)

NameDesignationAppointment DateStatus
Rashmikant Joshi Country flag representing In Managing Director01-Apr-2002Current

Board Members (3)

NameDesignationAppointment DateStatus
Piyushkumar Shah Country flag representing In Whole-Time Director 15-Oct-2020Current
Sudarsan Varadaraj Country flag representing In Director 16-Apr-2000Current
Sebastian Beck Country flag representing De Director 05-Jun-2017Current

Financial Performance of Festo India.

Festo India Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 35.64% increase. The company also saw a substantial improvement in profitability, with a 98.69% increase in profit. The company's net worth moved up by a moderate rise of 7.34%.

Festo India revenue growth over time
Festo India 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
35.64%
Revenue from Operations
35.53%
Total Assets
6.91%
Profit or Loss
98.69%
Net Worth
7.34%
EBITDA
71.29%

What is the Ownership and Shareholding Structure of Festo India?

In 2023, Festo India 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

₹5.45 Cr

Charges Breakdown by Lending Institutions

  • The Hongkong And Shanghai Banking Corporation Limited : 4.50 Cr
  • The Vysya Bank Ltd : 0.95 Cr

Latest Charge Details

DateLenderAmountStatus
26 Aug 2015The Hongkong And Shanghai Banking Corporation Limited₹4.50 CrSatisfied
06 Feb 1992The Vysya Bank Ltd₹6.00 MSatisfied
27 Jan 1989The Vysya Bank Ltd₹0.30 MSatisfied
27 Feb 1987The Vysya Bank Ltd₹2.20 MSatisfied
04 Jul 1986The Vysya Bank Ltd₹1.00 MSatisfied

How Many Employees Work at Festo India?

Festo India has a workforce of 699 employees as of Aug 01, 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 Festo India Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Festo India, 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 Festo India'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 Festo India

Recent activity within the organization

  • Annual General Meeting

    Festo India Private Limited last Annual general meeting of members was held on 26 Sep 2024 as per latest MCA records.

  • Balance Sheet

    Festo India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.

  • Charges

    A charge registered on 26 Aug 2015 via Charge ID 10590920 with The Hongkong And Shanghai Banking Corporation Limited was fully satisfied on 08 Sep 2022.

  • Director Appointment

    Piyushkumar Jayantilal Shah was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 15 Oct 2020 & has been associated with this company since 4 years 6 months .

  • Director Appointment

    Sebastian Mathias Beck was appointed as a Director was appointed as a Director on 05 Jun 2017 & has been associated with this company since 7 years 11 months .

  • Charges

    A charge with The Hongkong And Shanghai Banking Corporation Limited of Rs. 4.50 Cr registered on 26 Aug 2015 with Charge ID 10590920 was modified on 30 Nov 2015.

Recent News, Updates & Announcement

Frequently asked questions

  • What is the Incorporation or founding date of Festo India Private Limited?

    Festo India Private Limited was incorporated on 03 Feb 1986.

  • What is authorized share capital and paid-up capital of Festo India Private Limited?

    The authorized share capital of Festo India Private Limited is ₹ 10.00 Cr and paid-up capital is ₹ 2.75 Cr.

  • Who are the current board members & directors of Festo India Private Limited?

    Currently 4 directors are associated with Festo India Private Limited.

    • Rashmikant Joshi
    • Piyushkumar Jayantilal Shah
    • Sudarsan Varadaraj
    • Sebastian Mathias Beck

  • What is the registered address of Festo India Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Festo India Private Limited is No.237B Bommasandra Indl. Area Anekal Taluk, India, Bangalore, Karnataka, 560099.

  • What is the corporate identification number (CIN) and company number of Festo India Private Limited?

    The corporate identification number (CIN) of Festo India Private Limited is U29220KA1986PTC007449 and the company number is 007449 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Festo India Private Limited?

    The Official website of Festo India Private Limited is https://www.festo.com

  • What has been the recent revenue trend for Festo India Private Limited?

    According to the financial reports for the fiscal year 2022, the revenue trend for Festo India Private Limited has risen by 35.64%.

  • How many employees does Festo India Private Limited currently have?

    As Per 2022 financial reports, 699 employees are currently employed by Festo India Private Limited.

  • What change has been observed in the net worth of Festo India Private Limited, and by what percentage?

    The financial reports for the fiscal year 2022 indicates that The net worth of Festo India Private Limited has experienced an upsurge of 7.34%.

  • When was the last Balance Sheet of Festo India Private Limited filed with the ROC?

    The most recent Balance Sheet for Festo India Private Limited was filed with the ROC on 31 Mar 2024.

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