Flexible Abrasives Profile
Key Indicators
- Authorised Capital ₹ 2.05 Cr
- Paid Up Capital ₹ 2.01 Cr
- Company Age 17 Year, 3 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 14.26 Cr
- Satisfied Charges ₹ 22.81 Cr
- Revenue Growth 13.65%
- Profit Growth -82.31%
- Ebitda -20.24%
- Net Worth 4.05%
- Total Assets 5.11%
About Flexible Abrasives
Flexible Abrasives Private Limited (FAPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 12 November 2007 and has a history of 17 years and three months. Its registered office is in Jalna, Maharashtra, India.
The Company is engaged in the Metals And Minerals 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 2.05 Cr and a paid-up capital of Rs 2.01 Cr.
The company currently has active open charges totaling ₹14.26 Cr. The company has closed loans amounting to ₹22.81 Cr, as per Ministry of Corporate Affairs (MCA) records.
Rajesh Lundia and Sandhya Lundia serve as directors at the Company.
Company Details
- Location
Jalna, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U17120MH2007PTC175852
- Company No.
175852
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
12 Nov 2007
- Date of AGM
25 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
What products or services does Flexible Abrasives Private Limited offer?
Flexible Abrasives Private Limited offers a wide range of products and services, including Abrasives & Grains, Abrasive Rolls, Fashion & Leather Belts, Belts, Paper & Paper Made Products, Kraft Paper, Abrasive Discs, Saw Blades & Grinding Wheels, Grinding Wheels, Scientific Instruments & Devices.
Who are the key members and board of directors at Flexible Abrasives?
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Rajesh Lundia  | Director | 12-Nov-2007 | Current |
| Sandhya Lundia | Director | 12-Nov-2007 | Current |
Financial Performance of Flexible Abrasives.
Flexible Abrasives Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 13.65% increase. The company also saw a substantial fall in profitability, with a 82.31% decrease in profit. The company's net worth moved up by a moderate rise of 4.05%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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What is the Ownership and Shareholding Structure of Flexible Abrasives?
In 2023, Flexible Abrasives had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Charges (Loans)
₹14.26 Cr
₹22.81 Cr
Charges Breakdown by Lending Institutions
- Hdfc Bank Limited : 13.92 Cr
- Others : 0.34 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 22 Sep 2023 | Others | ₹3.40 M | Open |
| 13 Jan 2023 | Hdfc Bank Limited | ₹13.92 Cr | Open |
| 30 Sep 2020 | Others | ₹1.18 Cr | Satisfied |
| 10 Mar 2016 | Others | ₹12.01 Cr | Satisfied |
| 27 Jan 2011 | State Bank Of India | ₹9.62 Cr | Satisfied |
How Many Employees Work at Flexible Abrasives?
Flexible Abrasives has a workforce of 80 employees as of Mar 26, 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 Flexible Abrasives, 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 Flexible Abrasives'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.