Finefair India Profile
Key Indicators
- Authorised Capital ₹ 20.00 Cr
- Paid Up Capital ₹ 8.81 Cr
- Company Age 19 Year, 9 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 9.60 Cr
- Satisfied Charges ₹ 5.91 M
- Revenue Growth -48.67%
- Profit Growth -1096.71%
- Ebitda -59.94%
- Net Worth -5.16%
- Total Assets -8.42%
About Finefair India
Finefair India Private Limited (FIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 16 May 2005 and has a history of 19 years and nine months. Its registered office is in Coimbatore, Tamil Nadu, India.
The Corporate was formerly known as Finefair Exports India Private Limited. The Company is engaged in the Fashion And Textile 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 8.81 Cr.
The company currently has active open charges totaling ₹9.60 Cr. The company has closed loans amounting to ₹5.91 M, as per Ministry of Corporate Affairs (MCA) records.
Ismayael Khadir, Johnson Alias, Ismayaelrawther Mumthasbeegam, and Two other members serve as directors at the Company.
Company Details
- Location
Coimbatore, Tamil Nadu, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U18101TZ2005PTC011805
- Company No.
011805
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
16 May 2005
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Coimbatore
Industry
Fashion and Textile
Who are the key members and board of directors at Finefair India?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Ismayael Khadir  | Managing Director | 16-May-2005 | Current |
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Johnson Alias | Director | 16-May-2005 | Current |
| Ismayaelrawther Mumthasbeegam | Director | 16-May-2005 | Current |
| Balakrishna Ranganathan | Director | 02-Nov-2011 | Current |
| Jeleel Kassim | Director | 12-Oct-2022 | Current |
Financial Performance of Finefair India.
Finefair India Private Limited, for the financial year ended 2021, experienced significant reduction in revenue, with a 48.67% decrease. The company also saw a substantial fall in profitability, with a 1096.71% decrease in profit. The company's net worth dipped by a decrease of 5.16%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Finefair India?
In 2021, Finefair 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.
Charges (Loans)
Open Charges
₹9.60 Cr
Satisfied Charges
₹0.59 Cr
Charges Breakdown by Lending Institutions
- Axis Bank Limited : 9.60 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 29 Mar 2016 | Axis Bank Limited | ₹9.60 Cr | Open |
| 30 Jun 2009 | Bank Of India | ₹5.91 M | Satisfied |
How Many Employees Work at Finefair India?
Finefair India has a workforce of 174 employees as of Mar 22, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Finefair 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 Finefair India'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.
Latest Updates, News, and FAQs on Finefair India
Recent activity within the organization
- Charges
A charge with Axis Bank Limited of Rs. 9.60 Cr registered on 29 Mar 2016 with Charge ID 100023962 was modified on 02 Feb 2024.
- Annual General Meeting
Finefair India Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
- Balance Sheet
Finefair India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Coimbatore.
- Director Appointment
Jeleel Kandathinkara Kassim was appointed as a Director was appointed as a Director on 12 Oct 2022 & has been associated with this company since 2 years 4 months .
- Charges
A charge with Axis Bank Limited amounted to Rs. 9.60 Cr with Charge ID 100023962 was registered on 29 Mar 2016.
- Charges
A charge registered on 30 Jun 2009 via Charge ID 10166085 with Bank Of India was fully satisfied on 12 Oct 2012.
Frequently asked questions
What is the Incorporation or founding date of Finefair India Private Limited?
Finefair India Private Limited was incorporated on 16 May 2005.
What is authorized share capital and paid-up capital of Finefair India Private Limited?
The authorized share capital of Finefair India Private Limited is ₹ 20.00 Cr and paid-up capital is ₹ 8.81 Cr.
Who are the current board members & directors of Finefair India Private Limited?
Currently 5 directors are associated with Finefair India Private Limited.
- Ismayael Rawther Kakkurinjiyil Abdul Khadir
- Johnson Alias
- Ismayaelrawther Mumthasbeegam
- Balakrishna Ranganathan
- Jeleel Kandathinkara Kassim
What is the registered address of Finefair India Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Finefair India Private Limited is No.70/3 70/4 Near Pudhupalayam Bus Stand Pudhupalayam, Kangeyam Road India, Tirupur, Tamil Nadu, 641606.
What is the corporate identification number (CIN) and company number of Finefair India Private Limited?
The corporate identification number (CIN) of Finefair India Private Limited is U18101TZ2005PTC011805 and the company number is 011805 as per Ministry of Corporate Affairs (MCA).
What is the official website of Finefair India Private Limited?
The Official website of Finefair India Private Limited is https://www.finefairgroup.com
What has been the recent revenue trend for Finefair India Private Limited?
According to the financial reports for the fiscal year 2021, the revenue trend for Finefair India Private Limited has fallen by -48.67%.
How many employees does Finefair India Private Limited currently have?
As Per 2021 financial reports, 174 employees are currently employed by Finefair India Private Limited.
What change has been observed in the net worth of Finefair India Private Limited, and by what percentage?
The financial reports for the fiscal year 2021 indicates that The net worth of Finefair India Private Limited has experienced an downturn of -5.16%.
What are the total open charges for Finefair India Private Limited?
As per the financial statements for fiscal Year 2021, The total open charges for Finefair India Private Limited amount to ₹ 9.60 Cr.
When was the last Balance Sheet of Finefair India Private Limited filed with the ROC?
The most recent Balance Sheet for Finefair India Private Limited was filed with the ROC on 31 Mar 2023.
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