Fitex Industries Profile
Key Indicators
- Authorised Capital ₹ 1.50 Cr
- Paid Up Capital ₹ 1.49 Cr
- Company Age 43 Year, 1 Month
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 52.63 Cr
- Satisfied Charges ₹ 82.93 Cr
- Revenue Growth 19.93%
- Profit Growth -11.04%
- Ebitda 0.32%
- Net Worth 7.73%
- Total Assets 9.08%
About Fitex Industries
Fitex Industries Ltd (FIL) is a leading Public Limited Indian Non-Government Company incorporated in India on 21 December 1981 and has a history of 43 years and one month. Its registered office is in Punjab, Punjab, India.
The Corporate was formerly known as Fitex Manufacturing Engineering Private Limited. The Company is engaged in the Automotive 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 1.50 Cr and a paid-up capital of Rs 1.49 Cr.
The company currently has active open charges totaling ₹52.63 Cr. The company has closed loans amounting to ₹82.93 Cr, as per Ministry of Corporate Affairs (MCA) records.
Gaurav Goel, Sanjeev Kumar, and Sital Parkash serve as directors at the Company.
Company Details
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Location
Punjab, Punjab, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media-
Corporate Identity Details
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CIN/LLPIN
U00000PB1981PLC004774
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Company No.
004774
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Company Classification
Public Limited Indian Non-Government Company
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Incorporation Date
21 Dec 1981
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Date of AGM
30 Sep 2023
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Date of Balance Sheet
31 Mar 2023
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Listing Status
Unlisted
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ROC Code
Roc Chandigarh
Industry
What products or services does Fitex Industries Ltd offer?
Fitex Industries Ltd offers a wide range of products and services, including Automobile Fittings & Components, Automotive Components, Air Springs & Compression Springs, Spring Parts, Marble & Stone Artifacts, Stone Table Top, Industrial Bushes, Split Bushes, Bushings, Automotive Bushings.
Who are the key members and board of directors at Fitex Industries?
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Gaurav Goel
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Director | 07-May-2019 | Current |
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Sanjeev Kumar
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Director | 01-Feb-1988 | Current |
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Sital Parkash
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Director | 24-Apr-1990 | Current |
Financial Performance of Fitex Industries.
Fitex Industries Ltd, for the financial year ended 2023, experienced significant growth in revenue, with a 19.93% increase. The company also saw a substantial fall in profitability, with a 11.04% decrease in profit. The company's net worth moved up by a moderate rise of 7.73%.
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What is the Ownership and Shareholding Structure of Fitex Industries?
In 2023, Fitex Industries 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)
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Fitex Overseas Private LimitedGaurav Goel and Sital Parkash are mutual person
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Ductile Auto Engineers Private LimitedSanjeev Kumar is a mutual person
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Fecund Foods Private Limited
Sanjeev Kumar is a mutual person
Charges (Loans)
₹52.63 Cr
₹82.93 Cr
Charges Breakdown by Lending Institutions
- Others : 47.41 Cr
- Sidbi : 4.17 Cr
- Hdfc Bank Limited : 0.97 Cr
- Axis Bank Limited : 0.09 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 27 Mar 2024 | Sidbi | ₹5.00 M | Open |
| 15 Mar 2024 | Sidbi | ₹1.78 Cr | Open |
| 30 Dec 2023 | Others | ₹12.50 Cr | Open |
| 09 Jun 2023 | Hdfc Bank Limited | ₹3.96 M | Open |
| 13 Apr 2023 | Hdfc Bank Limited | ₹3.74 M | Open |
How Many Employees Work at Fitex Industries?
Fitex Industries has a workforce of 22 employees as of Apr 07, 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 Fitex Industries, 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 Fitex Industries'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.
