Flash Solutions Private Limited

Authorized distributor for Xiaomi smartphones, with online and offline presence in India.

2016 | Hyderabad, Telangana (India) | Active
Last Updated: December 06, 2024

Flash Solutions Profile

Key Indicators

  • Authorised Capital ₹ 6.00 Cr
  • Paid Up Capital ₹ 6.00 Cr
  • Company Age 8 Year, 8 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 101.70 Cr
  • Satisfied Charges ₹ 105.02 Cr
  • Revenue Growth -28.63%
  • Profit Growth -24.22%
  • Ebitda 300.30%
  • Net Worth 10.70%
  • Total Assets 14.82%

About Flash Solutions

Flash Solutions Private Limited (FSPL) is a Private Limited Indian Non-Government Company incorporated in India on 17 May 2016 (Eight years and eight months 16 days old ). Its registered office is in Hyderabad, Telangana, India.

The Corporate was formerly known as Flash Distribution Private Limited. 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 6.00 Cr and a paid-up capital of Rs 6.00 Cr.

The company currently has active open charges totaling ₹101.70 Cr. The company has closed loans amounting to ₹105.02 Cr, as per Ministry of Corporate Affairs (MCA) records.

Venkat Kovelamudi, Kunjeti Pavan, Kanni Uvaraj, and Three other members serve as directors at the Company.

Company Details

  • Location

    Hyderabad, Telangana, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U74999TG2016PTC109710

  • Company No.

    109710

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    17 May 2016

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Hyderabad

Industry

Consumer Electronics & Durables

Who are the key members and board of directors at Flash Solutions?

Board Members (6)

Name Designation Appointment Date Status
Uvaraj Natarajan Country flag representing In Director 21-Jun-2016 Current
Raamasamy Madhoo Country flag representing In Director 20-Aug-2016 Current
Kanni Uvaraj Country flag representing In Director 21-Jun-2016 Current
Venkat Kovelamudi Country flag representing In Director 17-May-2016 Current
Kunjeti Pavan Country flag representing In Director 20-Aug-2016 Current
Kota Santosh Country flag representing In Director 17-May-2016 Current

Financial Performance of Flash Solutions.

Flash Solutions Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 28.63% decrease. The company also saw a substantial fall in profitability, with a 24.22% decrease in profit. The company's net worth Soared by an impressive increase of 10.7%.

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
-28.63%
Revenue from Operations
-27.51%
Total Assets
14.82%
Profit or Loss
-24.22%
Net Worth
10.70%
EBITDA
300.30%

What is the Ownership and Shareholding Structure of Flash Solutions?

In 2023, Flash Solutions had a promoter holding of 100.00%. The company had 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹101.70 Cr

Satisfied Charges

₹105.02 Cr

Charges Breakdown by Lending Institutions

  • Others : 100.25 Cr
  • Axis Bank Limited : 1.45 Cr

Latest Charge Details

Date Lender Amount Status
21 Nov 2022 Others ₹12.50 Cr Open
13 Sep 2022 Others ₹2.50 M Open
02 Mar 2022 Axis Bank Limited ₹1.20 Cr Open
03 Oct 2020 Axis Bank Limited ₹2.50 M Open
13 Feb 2017 Others ₹87.50 Cr Open

How Many Employees Work at Flash Solutions?

Flash Solutions has a workforce of 44 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Flash Solutions, 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 Flash Solutions'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 Flash Solutions

Recent activity within the organization

  • Annual General Meeting

    Flash Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Charges

    A charge with Others of Rs. 87.50 Cr registered on 13 Feb 2017 with Charge ID 100086638 was modified on 27 Sep 2023.

    27 Sep 2023

  • Charges

    A charge registered on 17 Aug 2020 via Charge ID 100362118 with Axis Bank Limited was fully satisfied on 17 Jul 2023.

    17 Jul 2023

  • Charges

    A charge registered on 04 Jun 2020 via Charge ID 100340125 with Axis Bank Limited was fully satisfied on 17 Jul 2023.

    17 Jul 2023

  • Balance Sheet

    Flash Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Hyderabad.

    31 Mar 2023

  • Charges

    A charge with Others amounted to Rs. 12.50 Cr with Charge ID 100652634 was registered on 21 Nov 2022.

    21 Nov 2022

Frequently asked questions

  • Flash Solutions Private Limited was incorporated on 17 May 2016.

  • The authorized share capital of Flash Solutions Private Limited is ₹ 6.00 Cr and paid-up capital is ₹ 6.00 Cr.

  • Currently 6 directors are associated with Flash Solutions Private Limited.

    • Venkat Rao Kovelamudi
    • Kunjeti Krishna Pavan
    • Kanni Uvaraj
    • Uvaraj Natarajan
    • Kota Sai Santosh
    • Raamasamy Madhoo
  • As per Ministry of Corporate Affairs (Mca), the registered address of Flash Solutions Private Limited is H.No.2-56/2-33 Plot No.1303 Sy.No.11 Khanamet Ayyappa Society, Madhapur India, Hyderabad, Telangana, 500081.

  • The corporate identification number (CIN) of Flash Solutions Private Limited is U74999TG2016PTC109710 and the company number is 109710 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Flash Solutions Private Limited is https://www.flashsolutions.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Flash Solutions Private Limited has fallen by -28.63%.

  • As Per 2023 financial reports, 44 employees are currently employed by Flash Solutions Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Flash Solutions Private Limited has experienced an upsurge of 10.70%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Flash Solutions Private Limited amount to ₹ 101.70 Cr.

  • The most recent Balance Sheet for Flash Solutions Private Limited was filed with the ROC on 31 Mar 2023.

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