Flexoplast Abrasives (India) Limited

Manufactures and sells metal products since 1970 in Aurangabad, Maharashtra.

1970 | Aurangabad, Maharashtra (India) | Active
Last Updated:

Flexoplast Abrasives (India) Profile

Key Indicators

  • Authorised Capital ₹ 3.50 Cr
  • Paid Up Capital ₹ 2.35 Cr
  • Company Age 54 Year, 6 Months
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 5.06 Cr
  • Revenue Growth 1.20%
  • Profit Growth -270.93%
  • Ebitda -217.69%
  • Net Worth -0.42%
  • Total Assets -0.46%

About Flexoplast Abrasives (India)

Flexoplast Abrasives (India) Limited (FAIL) was founded in India on 11 August 1970 and has a glorious history of 54 years and six months.Its registered office is in Aurangabad, 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 3.50 Cr and a paid-up capital of Rs 2.35 Cr.

The company has closed loans amounting to ₹5.06 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Madhavi Thirani, Kunal Thirani, Akshat Thirani, and One other member serve as directors at the Company.

Company Details

  • Location

    Aurangabad, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U26990MH1970PLC014741

  • Company No.

    014741

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    11 Aug 1970

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Metals and Minerals

Who are the key members and board of directors at Flexoplast Abrasives (India)?

Board Members (4)

NameDesignationAppointment DateStatus
Kunal Thirani Country flag representing Us Director 01-Aug-2007Current
Madhavi Thirani Country flag representing In Director 30-Sep-2019Current
Akshat Thirani Country flag representing In Director 22-Mar-2024Current
Jai Thirani Country flag representing In Director 22-Mar-2024Current

Financial Performance of Flexoplast Abrasives (India).

Flexoplast Abrasives (India) Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 1.2% increase. The company also saw a substantial fall in profitability, with a 270.93% decrease in profit. The company's net worth dipped by a decrease of 0.42%.

Flexoplast Abrasives (India) revenue growth over time
Flexoplast Abrasives (India) 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
1.20%
Revenue from Operations
Total Assets
-0.46%
Profit or Loss
-270.93%
Net Worth
-0.42%
EBITDA
-217.69%

What is the Ownership and Shareholding Structure of Flexoplast Abrasives (India)?

In 2023, Flexoplast Abrasives (India) had a promoter holding of 97.93% and a public holding of 2.08%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹5.06 Cr

Charges Breakdown by Lending Institutions

  • State Bank Of Hyderabad : 4.75 Cr
  • Maharashtra State Financial Corpoation : 0.31 Cr

Latest Charge Details

DateLenderAmountStatus
24 Jan 1997State Bank Of Hyderabad₹4.75 CrSatisfied
18 Oct 1993Maharashtra State Financial Corpoation₹3.09 MSatisfied

How Many Employees Work at Flexoplast Abrasives (India)?

Unlock and access historical data on people associated with Flexoplast Abrasives (India), such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee growth trends for Flexoplast Abrasives (India) Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Flexoplast Abrasives (India), 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 Flexoplast Abrasives (India)'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 Flexoplast Abrasives (India)

Recent activity within the organization

  • Annual General Meeting

    Flexoplast Abrasives (India) Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Balance Sheet

    Flexoplast Abrasives (India) Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

  • Director Appointment

    Akshat Thirani was appointed as a Director was appointed as a Director on 22 Mar 2024 & has been associated with this company since 11 months 13 days .

  • Director Appointment

    Jai Kunal Thirani was appointed as a Director was appointed as a Director on 22 Mar 2024 & has been associated with this company since 11 months 13 days .

  • Director Appointment

    Madhavi Thirani was appointed as a Director was appointed as a Director on 30 Sep 2019 & has been associated with this company since 5 years 5 months .

  • Charges

    A charge registered on 24 Jan 1997 via Charge ID 80031155 with State Bank Of Hyderabad was fully satisfied on 25 Nov 2014.

Frequently asked questions

  • What is the Incorporation or founding date of Flexoplast Abrasives (India) Limited?

    Flexoplast Abrasives (India) Limited was incorporated on 11 Aug 1970.

  • What is authorized share capital and paid-up capital of Flexoplast Abrasives (India) Limited?

    The authorized share capital of Flexoplast Abrasives (India) Limited is ₹ 3.50 Cr and paid-up capital is ₹ 2.35 Cr.

  • Who are the current board members & directors of Flexoplast Abrasives (India) Limited?

    Currently 4 directors are associated with Flexoplast Abrasives (India) Limited.

    • Madhavi Thirani
    • Kunal Thirani
    • Akshat Thirani
    • Jai Kunal Thirani

  • What is the registered address of Flexoplast Abrasives (India) Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Flexoplast Abrasives (India) Limited is Plot No .M-191/1 Midc Area, Waluj India, Aurangabad, Maharashtra, 431136.

  • What is the corporate identification number (CIN) and company number of Flexoplast Abrasives (India) Limited?

    The corporate identification number (CIN) of Flexoplast Abrasives (India) Limited is U26990MH1970PLC014741 and the company number is 014741 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for Flexoplast Abrasives (India) Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Flexoplast Abrasives (India) Limited has risen by 1.20%.

  • What change has been observed in the net worth of Flexoplast Abrasives (India) Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Flexoplast Abrasives (India) Limited has experienced an downturn of -0.42%.

  • When was the last Balance Sheet of Flexoplast Abrasives (India) Limited filed with the ROC?

    The most recent Balance Sheet for Flexoplast Abrasives (India) Limited was filed with the ROC on 31 Mar 2024.

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