First Energy Profile
Key Indicators
- Authorised Capital ₹ 525.00 Cr
- Paid Up Capital ₹ 419.32 Cr
- Company Age 16 Year, 2 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 1,155.74 Cr
- Satisfied Charges ₹ 16.00 Cr
- Revenue Growth -85.11%
- Profit Growth 79.59%
- Ebitda 107.95%
- Net Worth -11.64%
- Total Assets -67.34%
About First Energy
First Energy Private Limited (FEPL) is a Private Limited Foreign Company Incorporated In India incorporated in India on 05 November 2008 and has a history of 16 years and two months. Its registered office is in Pune, Maharashtra, India.
The Company is engaged in the Energy And Power 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 525.00 Cr and a paid-up capital of Rs 419.32 Cr.
The company currently has active open charges totaling ₹1,155.74 Cr. The company has closed loans amounting to ₹16.00 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at First Energy Private Limited India are Ravi Damaraju as Ceo, Sampada Sakhare as Company Secretary, and Sumit Rathi as Cfo. Hemant Mohgaonkar, Ashish Bhandari, Rajendran Arunachalam, and One other member serve as directors at the Company.
Company Details
- Location
Pune, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U40200PN2008FTC139032
- Company No.
139032
- Company Classification
Private Limited Foreign Company Incorporated In India
- Incorporation Date
05 Nov 2008
- Date of AGM
29 Jul 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Pune
Industry
What products or services does First Energy Private Limited offer?
First Energy Private Limited offers a wide range of products and services, including Heater, Thermostat & Heating Devices, Heater & Heating Components, Industrial Furnaces & Ovens, Conveyor Ovens.
Who are the key members and board of directors at First Energy?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Ravi Damaraju | CEO | 08-Nov-2022 | Current |
| Sampada Sakhare | Company Secretary | 02-Apr-2018 | Current |
| Sumit Rathi | CFO | 07-Jun-2024 | Current |
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Ashish Bhandari  | Director | 03-Nov-2021 | Current |
Hemant Mohgaonkar  | Nominee Director | 15-Jul-2015 | Current |
| Rajendran Arunachalam | Director | 25-Jul-2019 | Current |
| Meher Pudumjee | Director | 30-Sep-2023 | Current |
Financial Performance of First Energy.
First Energy Private Limited, for the financial year ended 2021, experienced significant reduction in revenue, with a 85.11% decrease. The company also saw a substantial improvement in profitability, with a 79.59% increase in profit. The company's net worth observed a substantial decline by a decrease of 11.64%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of First Energy?
In 2021, First Energy had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Thermax Babcock & Wilcox Energy Solutions LimitedAshish Bhandari and Rajendran Arunachalam are mutual person
Pidilite Industries LimitedMeher Pudumjee is a mutual person
Thermax Limited.Ashish Bhandari and Meher Pudumjee are mutual person
- Thermax Foundation
Ashish Bhandari and Meher Pudumjee are mutual person
- Thermax Onsite Energy Solutions Limited
Ashish Bhandari and Rajendran Arunachalam are mutual person
- Thermax Instrumentation Limited
Rajendran Arunachalam is a mutual person
Charges (Loans)
₹1,155.74 Cr
₹16.00 Cr
Charges Breakdown by Lending Institutions
- Others : 1113.89 Cr
- Yes Bank Limited : 41.85 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 30 Apr 2024 | Others | ₹43.91 Cr | Open |
| 27 Mar 2024 | Others | ₹324.36 Cr | Open |
| 18 Mar 2024 | Others | ₹142.73 Cr | Open |
| 01 Sep 2023 | Others | ₹205.73 Cr | Open |
| 16 Mar 2023 | Others | ₹310.00 Cr | Open |
How Many Employees Work at First Energy?
First Energy has a workforce of 62 employees as of Apr 08, 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 First Energy, 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 First Energy'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.
