Flexoplast Abrasives (India) Profile
Key Indicators
- Authorised Capital ₹ 3.50 Cr
- Paid Up Capital ₹ 2.35 Cr
- Company Age 54 Year, 5 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 five 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
Who are the key members and board of directors at Flexoplast Abrasives (India)?
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Kunal Thirani  | Director | 01-Aug-2007 | Current |
Madhavi Thirani  | Director | 30-Sep-2019 | Current |
| Akshat Thirani | Director | 22-Mar-2024 | Current |
| Jai Thirani | Director | 22-Mar-2024 | Current |
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%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metrics |
| (FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
| ||||||
| Revenue from Operations | |||||||
| Total Assets |
| ||||||
| Profit or Loss |
| ||||||
| Net Worth |
| ||||||
| EBITDA |
|
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.
Related Corporates (Common Directorship)
Taktile Technologies LlpMadhavi Thirani and Jai Thirani are mutual person
- Shreekant Trading Company Private Limited
Madhavi Thirani, Kunal Thirani and 2 more are mutual person
- Tower Mechanics Private Limited
Madhavi Thirani and Kunal Thirani are mutual person
- Utra Engineering Industries Private Limited
Madhavi Thirani, Kunal Thirani and 2 more are mutual person
- Madhu Traders Private Limited
Madhavi Thirani, Kunal Thirani and 2 more are mutual person
Charges (Loans)
₹0
₹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
| Date | Lender | Amount | Status |
|---|---|---|---|
| 24 Jan 1997 | State Bank Of Hyderabad | ₹4.75 Cr | Satisfied |
| 18 Oct 1993 | Maharashtra State Financial Corpoation | ₹3.09 M | Satisfied |
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.
Deals i
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
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.
.webp){kind=small}
