Fides Distribution Private Limited

Specializes in trading and importing/exporting mobiles, cameras, tablets, and other telecom hardware products.

2013 | Delhi (India) | Active
Last Updated: December 22, 2024

Fides Distribution Profile

Key Indicators

  • Authorised Capital ₹ 2.00 Cr
  • Paid Up Capital ₹ 1.40 Cr
  • Company Age 11 Year, 3 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 15.00 Cr
  • Satisfied Charges ₹ 70.93 Cr
  • Revenue Growth -65.54%
  • Profit Growth 41.96%
  • Ebitda -139.52%
  • Net Worth 6.53%
  • Total Assets -11.98%

About Fides Distribution

Fides Distribution Private Limited (FDPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 29 October 2013 and has a history of 11 years and three months. Its registered office is in Delhi, India.

The Company is engaged in the Consumer Electronics & Durables 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 2.00 Cr and a paid-up capital of Rs 1.40 Cr.

The company currently has active open charges totaling ₹15.00 Cr. The company has closed loans amounting to ₹70.93 Cr, as per Ministry of Corporate Affairs (MCA) records.

Parul Sindwani, Hitesh Sindwani, and Radha Sindwani serve as directors at the Company.

Company Details

  • Location

    Delhi, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    fides.co.in

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U51101DL2013PTC259712

  • Company No.

    259712

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    29 Oct 2013

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Delhi

Industry

Consumer Electronics & Durables

Who are the key members and board of directors at Fides Distribution?

Board Members (3)

NameDesignationAppointment DateStatus
Parul Sindwani Country flag representing In Director 18-Aug-2021Current
Hitesh Sindwani Country flag representing In Director 29-Oct-2013Current
Radha Sindwani Country flag representing In Director 29-Oct-2013Current

Financial Performance of Fides Distribution.

Fides Distribution Private Limited, for the financial year ended 2021, experienced significant reduction in revenue, with a 65.54% decrease. The company also saw a substantial improvement in profitability, with a 41.96% increase in profit. The company's net worth moved up by a moderate rise of 6.53%.

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
-65.54%
Revenue from Operations
-67.95%
Total Assets
-11.98%
Profit or Loss
41.96%
Net Worth
6.53%
EBITDA
-139.52%

What is the Ownership and Shareholding Structure of Fides Distribution?

In 2021, Fides Distribution 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

₹15.00 Cr

Satisfied Charges

₹70.93 Cr

Charges Breakdown by Lending Institutions

  • Others : 15.00 Cr

Latest Charge Details

DateLenderAmountStatus
28 Apr 2014Others₹15.00 CrOpen
18 Feb 2019Others₹10.93 CrSatisfied
14 Sep 2017Others₹20.00 CrSatisfied
10 Oct 2015Tata Capital Financial Services Limited₹40.00 CrSatisfied

How Many Employees Work at Fides Distribution?

Fides Distribution has a workforce of 3 employees as of Apr 09, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Fides Distribution, 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 Fides Distribution'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 Fides Distribution

Recent activity within the organization

  • Annual General Meeting

    Fides Distribution Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Fides Distribution Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Delhi.

    31 Mar 2024

  • Charges

    A charge registered on 10 Oct 2015 via Charge ID 10625147 with Tata Capital Financial Services Limited was fully satisfied on 17 Oct 2023.

    17 Oct 2023

  • Charges

    A charge with Others of Rs. 15.00 Cr registered on 28 Apr 2014 with Charge ID 10496014 was modified on 27 Sep 2023.

    27 Sep 2023

  • Charges

    A charge registered on 14 Sep 2017 via Charge ID 100133034 with Others was fully satisfied on 25 Sep 2023.

    25 Sep 2023

  • Charges

    A charge registered on 18 Feb 2019 via Charge ID 100258819 with Others was fully satisfied on 07 Aug 2023.

    07 Aug 2023

Frequently asked questions

  • Fides Distribution Private Limited was incorporated on 29 Oct 2013.

  • The authorized share capital of Fides Distribution Private Limited is ₹ 2.00 Cr and paid-up capital is ₹ 1.40 Cr.

  • Currently 3 directors are associated with Fides Distribution Private Limited.

    • Parul Sindwani
    • Hitesh Sindwani
    • Radha Sindwani
  • As per Ministry of Corporate Affairs (Mca), the registered address of Fides Distribution Private Limited is E-71, I Floor Greater Kailash India, New Delhi, 110048.

  • The corporate identification number (CIN) of Fides Distribution Private Limited is U51101DL2013PTC259712 and the company number is 259712 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Fides Distribution Private Limited is https://www.fides.co.in

  • According to the financial reports for the fiscal year 2021, the revenue trend for Fides Distribution Private Limited has fallen by -65.54%.

  • As Per 2021 financial reports, 3 employees are currently employed by Fides Distribution Private Limited.

  • The financial reports for the fiscal year 2021 indicates that The net worth of Fides Distribution Private Limited has experienced an upsurge of 6.53%.

  • As per the financial statements for fiscal Year 2021, The total open charges for Fides Distribution Private Limited amount to ₹ 15.00 Cr.

  • The most recent Balance Sheet for Fides Distribution Private Limited was filed with the ROC on 31 Mar 2024.