Flare Luminaires Profile
Key Indicators
- Authorised Capital ₹ 7.50 M
as on 18-06-2024
- Paid Up Capital ₹ 5.10 M
as on 18-06-2024
- Company Age 15 Year, 4 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 12.29 Cr
as on 18-06-2024
- Satisfied Charges ₹ 1.20 Cr
as on 18-06-2024
- Revenue -0.05%
(FY 2023)
- Profit 123.44%
(FY 2023)
- Ebitda -47.86%
(FY 2023)
- Net Worth 13.13%
(FY 2023)
- Total Assets -10.47%
(FY 2023)
About Flare Luminaires
The Company is engaged in the Consumer Electronics & Durables 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 7.50 M and a paid-up capital of Rs 5.10 M.
The company currently has active open charges totaling ₹12.29 Cr. The company has closed loans amounting to ₹1.20 Cr, as per Ministry of Corporate Affairs (MCA) records.
Shashiprabha Saraf and Vijaykumar Saraf serve as directors at the Company.
- CIN/LLPIN
U31300GJ2009PTC057857
- Company No.
057857
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
21 Aug 2009
- Date of AGM
29 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Ahmedabad
Industry
Company Details
- Location
Pardi, Gujarat, India
- Telephone
- Email Address
- Website
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- Social Media-
Who are the key members and board of directors at Flare Luminaires?
Board Members(2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Shashiprabha Saraf  | Director | 21-Aug-2009 | Current |
| Vijaykumar Saraf | Director | 21-Aug-2009 | Current |
Financial Performance of Flare Luminaires.
Flare Luminaires Private Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 0.05% decrease. The company also saw a substantial improvement in profitability, with a 123.44% increase in profit. The company's net worth Soared by an impressive increase of 13.13%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Flare Luminaires?
In 2022, Flare Luminaires had a promoter holding of 80.39% and a public holding of 19.61%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Sakar Electricals & Electronics Private LimitedActive 17 years 8 monthsShashiprabha Saraf and Vijaykumar Saraf are mutual person
- Svn Opto Electronics Private LimitedActive 3 years 8 months
Shashiprabha Saraf and Vijaykumar Saraf are mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Hdfc Bank Limited Creation Date: 09 Dec 2020 | ₹1.73 M | Open |
Hdfc Bank Limited Creation Date: 28 Feb 2019 | ₹9.00 M | Open |
Hdfc Bank Limited Creation Date: 28 May 2015 | ₹11.22 Cr | Open |
How Many Employees Work at Flare Luminaires?
Flare Luminaires has a workforce of 184 employees as of Mar 31, 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 Flare Luminaires, 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 Flare Luminaires'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.
