Flair Pens Limited

Founded in 1994 and headquartered in Maharashtra, India.

1994 | Mumbai, Maharashtra (India) | Active
Last Updated: July 30, 2024

Flair Pens Profile

Key Indicators

  • Authorised Capital ₹ 4.75 Cr
  • Paid Up Capital ₹ 1.18 Cr
  • Company Age 30 Year, 2 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 3.96 Cr
  • Satisfied Charges ₹ 56.50 Cr
  • Revenue Growth -0.12%
  • Profit Growth 0.02%
  • Ebitda -13.05%
  • Net Worth 8.64%
  • Total Assets 8.44%

About Flair Pens

Flair Pens Limited (FPL) is a Public Limited Indian Non-Government Company incorporated in India on 24 November 1994 and has a history of 30 years and two months. Its registered office is in Mumbai, Maharashtra, India.

The Company is engaged in the Financial Services 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 4.75 Cr and a paid-up capital of Rs 1.18 Cr.

The company currently has active open charges totaling ₹3.96 Cr. The company has closed loans amounting to ₹56.50 Cr, as per Ministry of Corporate Affairs (MCA) records.

Khubilal Rathod, Mohit Rathod, Vimalchand Rathod, and One other member serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U70100MH1994PLC083255

  • Company No.

    083255

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    24 Nov 1994

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Financial Services

What products or services does Flair Pens Limited offer?

Flair Pens Limited offers a wide range of products and services, including Pens, Glitter Pen, Ball Pen, Metal Ball Pen, Gel Pen, Metal Pen, Flair Pens, Roller Pens.

Who are the key members and board of directors at Flair Pens?

Board Members (4)

Name Designation Appointment Date Status
Mohit Rathod Country flag representing In Whole-Time Director 30-Sep-2003 Current
Khubilal Rathod Country flag representing In Director 01-Jun-1999 Current
Vimalchand Rathod Country flag representing In Director 01-Jun-1999 Current
Sumitkumar Rathod Country flag representing In Director 17-Mar-2010 Current

Financial Performance of Flair Pens.

Flair Pens Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 0.12% decrease. The company also saw a slight improvement in profitability, with a 0.02% increase in profit. The company's net worth moved up by a moderate rise of 8.64%.

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
-0.12%
Revenue from Operations
Total Assets
8.44%
Profit or Loss
0.02%
Net Worth
8.64%
EBITDA
-13.05%

What is the Ownership and Shareholding Structure of Flair Pens?

In 2023, Flair Pens 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

₹3.96 Cr

Satisfied Charges

₹56.50 Cr

Charges Breakdown by Lending Institutions

  • Industrial Development Bank Of India : 2.00 Cr
  • Indusind Bank Ltd : 1.96 Cr

Latest Charge Details

Date Lender Amount Status
18 Jul 1995 Industrial Development Bank Of India ₹2.00 Cr Open
21 Jun 1995 Indusind Bank Ltd ₹1.96 Cr Open
20 Aug 2014 Citi Bank N.A. ₹1.50 Cr Satisfied
05 Nov 2009 Citi Bank N.A. ₹7.00 Cr Satisfied
02 Jun 2005 Citi Bank N.A. ₹48.00 Cr Satisfied

How Many Employees Work at Flair Pens?

Unlock and access historical data on people associated with Flair Pens, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Flair Pens, 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 Flair Pens'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 Flair Pens

Recent activity within the organization

  • Annual General Meeting

    Flair Pens Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Flair Pens Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

    31 Mar 2023

  • Charges

    A charge registered on 20 Aug 2014 via Charge ID 10573700 with Citi Bank N.A. was fully satisfied on 12 Mar 2019.

    12 Mar 2019

  • Charges

    A charge registered on 05 Nov 2009 via Charge ID 10192329 with Citi Bank N.A. was fully satisfied on 12 Mar 2019.

    12 Mar 2019

  • Charges

    A charge registered on 02 Jun 2005 via Charge ID 80005606 with Citi Bank N.A. was fully satisfied on 12 Mar 2019.

    12 Mar 2019

  • Charges

    A charge with Citi Bank N.A. of Rs. 48.00 Cr registered on 02 Jun 2005 with Charge ID 80005606 was modified on 29 Aug 2016.

    29 Aug 2016

Recent News, Updates & Announcement

Frequently asked questions

  • Flair Pens Limited was incorporated on 24 Nov 1994.

  • The authorized share capital of Flair Pens Limited is ₹ 4.75 Cr and paid-up capital is ₹ 1.18 Cr.

  • Currently 4 directors are associated with Flair Pens Limited.

    • Khubilal Jugraj Rathod
    • Mohit Khubilal Rathod
    • Vimalchand Jugraj Rathod
    • Sumitkumar Vimalchand Rathod
  • As per Ministry of Corporate Affairs (Mca), the registered address of Flair Pens Limited is 63 B/C Government Industrialestate Charkop Kandivali West, Mumbai, Maharashtra, India, 400067.

  • The corporate identification number (CIN) of Flair Pens Limited is U70100MH1994PLC083255 and the company number is 083255 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Flair Pens Limited is https://www.flairpens.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Flair Pens Limited has fallen by -0.12%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Flair Pens Limited has experienced an upsurge of 8.64%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Flair Pens Limited amount to ₹ 3.96 Cr.

  • The most recent Balance Sheet for Flair Pens Limited was filed with the ROC on 31 Mar 2023.

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