Firstchoice Ready Mix Profile
Key Indicators
- Authorised Capital ₹ 2.75 Cr
- Paid Up Capital ₹ 2.55 Cr
- Company Age 10 Year, 5 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 10.14 Cr
- Satisfied Charges ₹ 7.02 Cr
- Revenue Growth -20.97%
- Profit Growth -98.32%
- Ebitda -25.26%
- Net Worth 29.63%
- Total Assets 14.32%
About Firstchoice Ready Mix
Firstchoice Ready Mix Private Limited (FRMPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 28 August 2014 and has a history of Ten years and five months. Its registered office is in Medak, Telangana, India.
The Company is engaged in the Manufacturing 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 2.75 Cr and a paid-up capital of Rs 2.55 Cr.
The company currently has active open charges totaling ₹10.14 Cr. The company has closed loans amounting to ₹7.02 Cr, as per Ministry of Corporate Affairs (MCA) records.
Baratam Kumar and Rajani Baratam serve as directors at the Company.
Company Details
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Location
Medak, Telangana, India
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Telephone
+91-XXXXXXXXXX
- Email Address
- Website
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Social Media
Corporate Identity Details
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CIN/LLPIN
U26959TG2014PTC095435
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Company No.
095435
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
28 Aug 2014
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Date of AGM
30 Sep 2024
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Date of Balance Sheet
31 Mar 2024
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Listing Status
Unlisted
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ROC Code
Roc Hyderabad
Industry
What products or services does Firstchoice Ready Mix Private Limited offer?
Firstchoice Ready Mix Private Limited offers a wide range of products and services, including Adhesives, Glue and Sealants, Tile Adhesives, Concrete, Concrete Mix, Paints, Wall Putty & Varnishes, Wall Putty, Cleaning Liquids & Wipes, Floor Cleaner, Cement and Concrete, Cement Grout & Grouting compounds.
Who are the key members and board of directors at Firstchoice Ready Mix?
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Baratam Kumar
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Director | 23-Sep-2015 | Current |
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Rajani Baratam
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Director | 30-Mar-2024 | Current |
Financial Performance of Firstchoice Ready Mix.
Firstchoice Ready Mix Private Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 20.97% decrease. The company also saw a substantial fall in profitability, with a 98.32% decrease in profit. The company's net worth Soared by an impressive increase of 29.63%.
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What is the Ownership and Shareholding Structure of Firstchoice Ready Mix?
In 2022, Firstchoice Ready Mix 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)
₹10.14 Cr
₹7.02 Cr
Charges Breakdown by Lending Institutions
- Standard Chartered Bank : 9.90 Cr
- Others : 0.24 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 31 May 2024 | Standard Chartered Bank | ₹9.90 Cr | Open |
| 28 Mar 2024 | Others | ₹2.36 M | Open |
| 28 Nov 2021 | Others | ₹3.50 Cr | Satisfied |
| 08 Jun 2021 | Others | ₹7.50 M | Satisfied |
| 08 Jun 2021 | Others | ₹1.00 Cr | Satisfied |
How Many Employees Work at Firstchoice Ready Mix?
Firstchoice Ready Mix has a workforce of 100 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Firstchoice Ready Mix, 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 Firstchoice Ready Mix'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.
