Floatels India Profile
Key Indicators
- Authorised Capital ₹ 10.00 Cr
- Paid Up Capital ₹ 8.72 Cr
- Company Age 28 Year, 10 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 40.15 Cr
- Satisfied Charges ₹ 70.73 Cr
- Revenue Growth 108.52%
- Profit Growth 16573.39%
- Ebitda 280.12%
- Net Worth 13.93%
- Total Assets 0.63%
About Floatels India
Floatels India Private Limited (FIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 10 April 1996 and has a history of 28 years and ten months. Its registered office is in Thiruvananthapuram, Kerala, India.
The Corporate was formerly known as Floatel India Private Limited. The Company is engaged in the Travel And Hospitality 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 10.00 Cr and a paid-up capital of Rs 8.72 Cr.
The company currently has active open charges totaling ₹40.15 Cr. The company has closed loans amounting to ₹70.73 Cr, as per Ministry of Corporate Affairs (MCA) records.
Mohammed Beevi, Jayawickrama Susith, Kabeen Kabeer, and Two other members serve as directors at the Company.
Company Details
- Location
Thiruvananthapuram, Kerala, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U55101KL1996PTC010277
- Company No.
010277
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
10 Apr 1996
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Ernakulam
Industry
Who are the key members and board of directors at Floatels India?
Executive Team (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Kabeen Kabeer  | Managing Director | 22-May-2004 | Current |
| Mavelikalam Narayanan | Managing Director | 19-Feb-2003 | Current |
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Kabeer Rawther | Director | 25-Feb-2003 | Current |
| Mohammed Beevi | Director | 30-Sep-1997 | Current |
Jayawickrama Susith  | Director | 12-Jul-2015 | Current |
Financial Performance of Floatels India.
Floatels India Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 108.52% increase. The company also saw a substantial improvement in profitability, with a 16573.39% increase in profit. The company's net worth Soared by an impressive increase of 13.93%.
- Key Matrics
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What is the Ownership and Shareholding Structure of Floatels India?
In 2023, Floatels India had a promoter holding of 91.78% and a public holding of 8.22%. 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)
Southern Floating Solar Private LimitedMavelikalam Narayanan is a mutual person
Kavvayi Beach Resort Private LimitedMohammed Beevi, Jayawickrama Susith and 3 more are mutual person
Hoteltek Beverages Private LimitedMavelikalam Narayanan is a mutual person
Adtech Systems LimitedMavelikalam Narayanan is a mutual person
Aptmicro Solutions LimitedMavelikalam Narayanan is a mutual person
Floatels Constructions India Private LimitedMohammed Beevi, Kabeen Kabeer and 2 more are mutual person
Charges (Loans)
₹40.15 Cr
₹70.73 Cr
Charges Breakdown by Lending Institutions
- Others : 40.00 Cr
- Dhanlaxmi Bank Limited : 0.15 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 20 Jan 2024 | Dhanlaxmi Bank Limited | ₹1.52 M | Open |
| 08 Sep 2023 | Others | ₹15.00 Cr | Open |
| 08 Sep 2023 | Others | ₹2.00 Cr | Open |
| 25 Mar 2022 | Others | ₹23.00 Cr | Open |
| 26 Sep 2019 | The South Indian Bank Limited | ₹1.00 Cr | Satisfied |
How Many Employees Work at Floatels India?
Floatels India has a workforce of 56 employees as of Apr 09, 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 Floatels 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 Floatels 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.
