Flare Luminaires Private Limited

Manufactures and supplies lamps, light fittings, electrical equipment, cables, and wires.

2009 | Valsad, Gujarat (India) | Active
Last Updated:

Flare Luminaires Profile

Key Indicators

  • Authorised Capital ₹ 7.50 M
  • Paid Up Capital ₹ 5.10 M
  • Company Age 15 Year, 7 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 12.29 Cr
  • Satisfied Charges ₹ 1.20 Cr
  • Revenue Growth -0.05%
  • Profit Growth 123.44%
  • Ebitda -47.86%
  • Net Worth 13.13%
  • Total Assets -10.47%

About Flare Luminaires

Flare Luminaires Private Limited (FLPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 21 August 2009 and has a history of 15 years and seven months. Its registered office is in Valsad, Gujarat, India.

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 2024. 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.

Nikit Saraf, Shashiprabha Saraf, and Vijaykumar Saraf serve as directors at the Company.

Company Details

  • Location

    Valsad, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U31300GJ2009PTC057857

  • Company No.

    057857

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    21 Aug 2009

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Consumer Electronics & Durables
Company report

Flare Luminaires Private Limited

Explore comprehensive data for Flare Luminaires Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Flare Luminaires?

Board Members (3)

NameDesignationAppointment DateStatus
Nikit Saraf Country flag representing In Director 25-Jun-2024Current
Shashiprabha Saraf Country flag representing In Director 21-Aug-2009Current
Vijaykumar Saraf Country flag representing In Director 21-Aug-2009Current

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%.

Flare Luminaires revenue growth over time
Flare Luminaires 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
-0.05%
Revenue from Operations
-0.56%
Total Assets
-10.47%
Profit or Loss
123.44%
Net Worth
13.13%
EBITDA
-47.86%

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.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹122.89 M

Satisfied Charges

₹11.97 M

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 12.29 Cr

Latest Charge Details

DateLenderAmountStatus
09 Dec 2020Hdfc Bank Limited₹1.73 MOpen
28 Feb 2019Hdfc Bank Limited₹9.00 MOpen
28 May 2015Hdfc Bank Limited₹11.22 CrOpen
25 Aug 2018Others₹2.45 MSatisfied
31 May 2018Others₹5.02 MSatisfied

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.

Employee growth trends for Flare Luminaires Private Limited

Deals i

Graph showing company valuation over time

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

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 Flare Luminaires

Recent activity within the organization

  • Annual General Meeting

    Flare Luminaires Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Director Appointment

    Nikit Vijaykumar Saraf was appointed as a Director was appointed as a Director on 25 Jun 2024 & has been associated with this company since 9 months 20 days .

  • Balance Sheet

    Flare Luminaires Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.

  • Charges

    A charge registered on 25 Aug 2018 via Charge ID 100217231 with Others was fully satisfied on 08 Aug 2023.

  • Charges

    A charge registered on 31 May 2018 via Charge ID 100185307 with Others was fully satisfied on 08 Aug 2023.

  • Charges

    A charge with Hdfc Bank Limited of Rs. 112.16 M registered on 28 May 2015 with Charge ID 10571058 was modified on 18 Jan 2022.

Frequently asked questions

  • What is the Incorporation or founding date of Flare Luminaires Private Limited?

    Flare Luminaires Private Limited was incorporated on 21 Aug 2009.

  • What is authorized share capital and paid-up capital of Flare Luminaires Private Limited?

    The authorized share capital of Flare Luminaires Private Limited is ₹ 7.50 M and paid-up capital is ₹ 5.10 M.

  • Who are the current board members & directors of Flare Luminaires Private Limited?

    Currently 3 directors are associated with Flare Luminaires Private Limited.

    • Nikit Vijaykumar Saraf
    • Shashiprabha Vijaykumar Saraf
    • Vijaykumar Sohanlal Saraf
  • What is the registered address of Flare Luminaires Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Flare Luminaires Private Limited is B 501 Life Style Royal Daman Road, Vapi India, Pardi, Gujarat, 396191.

  • What is the corporate identification number (CIN) and company number of Flare Luminaires Private Limited?

    The corporate identification number (CIN) of Flare Luminaires Private Limited is U31300GJ2009PTC057857 and the company number is 057857 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for Flare Luminaires Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Flare Luminaires Private Limited has fallen by -0.05%.

  • How many employees does Flare Luminaires Private Limited currently have?

    As Per 2023 financial reports, 184 employees are currently employed by Flare Luminaires Private Limited.

  • What change has been observed in the net worth of Flare Luminaires Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Flare Luminaires Private Limited has experienced an upsurge of 13.13%.

  • What are the total open charges for Flare Luminaires Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Flare Luminaires Private Limited amount to ₹ 12.29 Cr.

  • When was the last Balance Sheet of Flare Luminaires Private Limited filed with the ROC?

    The most recent Balance Sheet for Flare Luminaires Private Limited was filed with the ROC on 31 Mar 2024.

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