Floatels India Profile
Key Indicators
- Authorised Capital ₹ 10.00 Cr
- Paid Up Capital ₹ 8.72 Cr
- Company Age 29 Year, 1 Month
- 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 29 years and one month. 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
Travel and Hospitality
Floatels India Private Limited
Explore comprehensive data for Floatels India Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
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
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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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.
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Adtech Systems LimitedMavelikalam Narayanan is a mutual person
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Floatels Constructions India Private LimitedMohammed Beevi, Kabeen Kabeer and 2 more are mutual person
Charges (Loans)
Open Charges
₹40.15 Cr
Satisfied Charges
₹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.
Latest Updates, News, and FAQs on Floatels India
Recent activity within the organization
- Charges
A charge with Dhanlaxmi Bank Limited amounted to Rs. 0.15 Cr with Charge ID 100889429 was registered on 20 Jan 2024.
- Annual General Meeting
Floatels India Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
- Charges
A charge with Others amounted to Rs. 15.00 Cr with Charge ID 100783467 was registered on 08 Sep 2023.
- Charges
A charge with Others amounted to Rs. 2.00 Cr with Charge ID 100806040 was registered on 08 Sep 2023.
- Balance Sheet
Floatels India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ernakulam.
- Charges
A charge with Others amounted to Rs. 23.00 Cr with Charge ID 100562310 was registered on 25 Mar 2022.
Recent News, Updates & Announcement
Frequently asked questions
What is the Incorporation or founding date of Floatels India Private Limited?
Floatels India Private Limited was incorporated on 10 Apr 1996.
What is authorized share capital and paid-up capital of Floatels India Private Limited?
The authorized share capital of Floatels India Private Limited is ₹ 10.00 Cr and paid-up capital is ₹ 8.72 Cr.
Who are the current board members & directors of Floatels India Private Limited?
Currently 5 directors are associated with Floatels India Private Limited.
- Mohammed Kunju Zeenath Beevi
- Jayawickrama Chrisanthus Mohan Susith
- Kabeen Khadar Kabeer
- Kabeer Khader Meera Rawther
- Mavelikalam Ramakrishnan Narayanan
What is the registered address of Floatels India Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Floatels India Private Limited is Kp 7/911 Pozhiyoor P.O Kulathur Village Neyyattinkara Taluk, India, Thiruvananthapuram, Kerala, 695513.
What is the corporate identification number (CIN) and company number of Floatels India Private Limited?
The corporate identification number (CIN) of Floatels India Private Limited is U55101KL1996PTC010277 and the company number is 010277 as per Ministry of Corporate Affairs (MCA).
What is the official website of Floatels India Private Limited?
The Official website of Floatels India Private Limited is https://www.poovarislandresorts.com
What has been the recent revenue trend for Floatels India Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Floatels India Private Limited has risen by 108.52%.
How many employees does Floatels India Private Limited currently have?
As Per 2023 financial reports, 56 employees are currently employed by Floatels India Private Limited.
What change has been observed in the net worth of Floatels India Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Floatels India Private Limited has experienced an upsurge of 13.93%.
What are the total open charges for Floatels India Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Floatels India Private Limited amount to ₹ 40.15 Cr.
When was the last Balance Sheet of Floatels India Private Limited filed with the ROC?
The most recent Balance Sheet for Floatels India Private Limited was filed with the ROC on 31 Mar 2023.
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