Flair Writing Industries Profile
Key Indicators
- Authorised Capital ₹ 55.00 Cr
- Paid Up Capital ₹ 52.70 Cr
- Company Age 8 Year, 8 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 168.75 Cr
- Satisfied Charges ₹ 420.15 Cr
- Revenue Growth -48.67%
- Profit Growth -98.70%
- Ebitda -76.10%
- Net Worth 0.27%
- Total Assets -13.33%
About Flair Writing Industries
Flair Writing Industries Limited (FWIL) is a Public Limited Indian Non-Government Company incorporated in India on 12 August 2016 (Eight years and eight months 2 days old ). Its registered office is in Mumbai, Maharashtra, India.
The Corporate was formerly known as Flair Writing Industries Private Limited. The Company is engaged in the Education 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 55.00 Cr and a paid-up capital of Rs 52.70 Cr.
The company currently has active open charges totaling ₹168.75 Cr. The company has closed loans amounting to ₹420.15 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Flair Writing Industries Limited India are Mayur Gala as CFO and Vishal Chanda as Company Secretary. Rajesh Rathod, Sumitkumar Rathod, Bishan Rawat, and Seven other members serve as directors at the Company.
Company Details
- Location
Mumbai, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U51100MH2016PLC284727
- Company No.
284727
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
12 Aug 2016
- Date of AGM
26 Jun 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Education
What products or services does Flair Writing Industries Limited offer?
Flair Writing Industries Limited offers a wide range of products and services, including Pens, Fountain Pens, Gel Pen, Ball Pen, Flair Ball Pen, Pen, Pencil & Writing Supplies.
Flair Writing Industries Limited
Explore comprehensive data for Flair Writing Industries Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Flair Writing Industries?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Mayur Gala  | CFO | 09-Aug-2018 | Current |
| Vishal Chanda | Company Secretary | 25-Jul-2022 | Current |
| Vimalchand Rathod | Managing Director | 12-Aug-2016 | Current |
Board Members (9)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Rajneesh Bhandari | Director | 04-May-2022 | Current |
| Mohit Rathod | Whole-Time Director | 12-Aug-2016 | Current |
| Bishan Rawat | Director | 09-Aug-2018 | Current |
| Rajesh Rathod | Whole-Time Director | 12-Aug-2016 | Current |
| Sumitkumar Rathod | Whole-Time Director | 12-Aug-2016 | Current |
| Sheetal Shetty | Director | 24-Mar-2023 | Current |
Financial Performance of Flair Writing Industries.
Flair Writing Industries 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 98.7% decrease in profit. The company's net worth moved up by a moderate rise of 0.27%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Flair Writing Industries?
In 2021, Flair Writing Industries had a promoter holding of 35.00% and a public holding of 65.00%. The company had 2 Subsidiaries. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
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Neuroequilibrium Diagnostic Systems Private LimitedRajneesh Bhandari is a mutual person
Cosmo Infratel Private LimitedRajneesh Bhandari is a mutual person
- Flair Writing Equipments Private Limited
Rajesh Rathod, Sumitkumar Rathod and 3 more are mutual person
Charges (Loans)
Open Charges
₹168.75 Cr
Satisfied Charges
₹420.15 Cr
Charges Breakdown by Lending Institutions
- Citi Bank N.A. : 144.50 Cr
- Axis Bank Limited : 24.25 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 21 Mar 2023 | Axis Bank Limited | ₹8.50 M | Open |
| 14 Mar 2023 | Axis Bank Limited | ₹9.00 M | Open |
| 09 Mar 2023 | Citi Bank N.A. | ₹21.00 Cr | Open |
| 29 Sep 2021 | Axis Bank Limited | ₹22.00 Cr | Open |
| 02 Aug 2021 | Axis Bank Limited | ₹4.97 M | Open |
How Many Employees Work at Flair Writing Industries?
Flair Writing Industries has a workforce of 5271 employees as of Apr 01, 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 Flair Writing 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 Flair Writing 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.
Latest Updates, News, and FAQs on Flair Writing Industries
Recent activity within the organization
- Annual General Meeting
Flair Writing Industries Limited last Annual general meeting of members was held on 26 Jun 2023 as per latest MCA records.
- Balance Sheet
Flair Writing Industries Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.
- Charges
A charge with Axis Bank Limited amounted to Rs. 0.85 Cr with Charge ID 100709756 was registered on 21 Mar 2023.
- Charges
A charge registered on 29 Aug 2016 via Charge ID 100067097 with Citi Bank N.A. was fully satisfied on 21 Mar 2023.
- Charges
A charge with Axis Bank Limited amounted to Rs. 0.90 Cr with Charge ID 100701534 was registered on 14 Mar 2023.
- Charges
A charge with Citi Bank N.A. amounted to Rs. 21.00 Cr with Charge ID 100691327 was registered on 09 Mar 2023.
Recent News, Updates & Announcement
Frequently asked questions
What is the Incorporation or founding date of Flair Writing Industries Limited?
Flair Writing Industries Limited was incorporated on 12 Aug 2016.
What is authorized share capital and paid-up capital of Flair Writing Industries Limited?
The authorized share capital of Flair Writing Industries Limited is ₹ 55.00 Cr and paid-up capital is ₹ 52.70 Cr.
Who are the current board members & directors of Flair Writing Industries Limited?
Currently 12 directors are associated with Flair Writing Industries Limited.
- Rajesh Khubilal Rathod
- Sumitkumar Vimalchand Rathod
- Bishan Singh Rawat
- Mayur Dhansukhlal Gala
- Vishal Kishor Chanda
- Sheetal Bhanot Shetty
- Manoj Vinod Lalwani
- Punit Saxena
- Vimalchand Jugraj Rathod
- Mohit Khubilal Rathod
- Khubilal Jugraj Rathod
- Rajneesh Bhandari
What is the registered address of Flair Writing Industries Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Flair Writing Industries Limited is 63 B/C Government Industrial Estate, Charkop Kandivali West, Mumbai, Maharashtra, India, 400067.
What is the corporate identification number (CIN) and company number of Flair Writing Industries Limited?
The corporate identification number (CIN) of Flair Writing Industries Limited is U51100MH2016PLC284727 and the company number is 284727 as per Ministry of Corporate Affairs (MCA).
What is the official website of Flair Writing Industries Limited?
The Official website of Flair Writing Industries Limited is https://www.flairpens.com
What has been the recent revenue trend for Flair Writing Industries Limited?
According to the financial reports for the fiscal year 2021, the revenue trend for Flair Writing Industries Limited has fallen by -48.67%.
How many employees does Flair Writing Industries Limited currently have?
As Per 2021 financial reports, 5271 employees are currently employed by Flair Writing Industries Limited.
What change has been observed in the net worth of Flair Writing Industries Limited, and by what percentage?
The financial reports for the fiscal year 2021 indicates that The net worth of Flair Writing Industries Limited has experienced an upsurge of 0.27%.
What are the total open charges for Flair Writing Industries Limited?
As per the financial statements for fiscal Year 2021, The total open charges for Flair Writing Industries Limited amount to ₹ 168.75 Cr.
When was the last Balance Sheet of Flair Writing Industries Limited filed with the ROC?
The most recent Balance Sheet for Flair Writing Industries Limited was filed with the ROC on 31 Mar 2023.
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