Floatex Solar Private Limited

Manufactures plastic products, incorporated in 2020, based in Uttar Pradesh.

2020 | Ghaziabad, Uttar Pradesh (India) | Active
Last Updated: November 16, 2024

Floatex Solar Profile

Key Indicators

  • Authorised Capital ₹ 1.01 Cr
  • Paid Up Capital ₹ 1.01 Cr
  • Company Age 5 Year, 24 Days
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 85.08 Cr
  • Revenue Growth -46.31%
  • Profit Growth -2240.54%
  • Ebitda -117.49%
  • Net Worth -81.25%
  • Total Assets 5.49%

About Floatex Solar

Floatex Solar Private Limited (FSPL) is a registered startup operating as a Private Limited Indian Non-Government Company incorporated in India on 07 January 2020 (Five years 24 days old ). Its registered office is in Ghaziabad, Uttar Pradesh, India.

The Company is engaged in the Consumer Electronics & Durables 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 1.01 Cr and a paid-up capital of Rs 1.01 Cr.

The company currently has active open charges totaling ₹85.08 Cr.

Sunil Aggarwal and Shravil Aggarwal serve as directors at the Company.

Company Details

  • Location

    Ghaziabad, Uttar Pradesh, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U36990UP2020PTC125413

  • Company No.

    125413

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    07 Jan 2020

  • Date of AGM

    30 Oct 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Kanpur

Industry

Consumer Electronics & Durables

Who are the key members and board of directors at Floatex Solar?

Board Members (2)

NameDesignationAppointment DateStatus
Sunil Aggarwal Country flag representing In Director 04-May-2023Current
Shravil Aggarwal Country flag representing In Additional Director 01-May-2024Current

Financial Performance of Floatex Solar.

Floatex Solar Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 46.31% decrease. The company also saw a substantial fall in profitability, with a 2240.54% decrease in profit. The company's net worth observed a substantial decline by a decrease of 81.25%.

Graph illustrating revenue growth over time
Graph showing 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
-46.31%
Revenue from Operations
-46.81%
Total Assets
5.49%
Profit or Loss
-2240.54%
Net Worth
-81.25%
EBITDA
-117.49%

What is the Ownership and Shareholding Structure of Floatex Solar?

In 2023, Floatex Solar had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹85.08 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 48.13 Cr
  • Others : 36.95 Cr

Latest Charge Details

DateLenderAmountStatus
28 Sep 2024Hdfc Bank Limited₹35.00 CrOpen
28 Sep 2024Hdfc Bank Limited₹13.13 CrOpen
12 Oct 2023Others₹2.60 MOpen
14 Aug 2023Others₹4.03 MOpen
31 Jul 2023Others₹5.98 MOpen

How Many Employees Work at Floatex Solar?

Floatex Solar has a workforce of 14 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Floatex Solar, 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 Floatex Solar'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 Floatex Solar

Recent activity within the organization

  • Charges

    A charge with Hdfc Bank Limited of Rs. 35.00 Cr registered on 28 Sep 2024 with Charge ID 100992941 was modified on 03 Oct 2024.

    03 Oct 2024

  • Charges

    A charge with Hdfc Bank Limited of Rs. 13.13 Cr registered on 28 Sep 2024 with Charge ID 100992945 was modified on 03 Oct 2024.

    03 Oct 2024

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 35.00 Cr with Charge ID 100992941 was registered on 28 Sep 2024.

    28 Sep 2024

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 13.13 Cr with Charge ID 100992945 was registered on 28 Sep 2024.

    28 Sep 2024

  • Director Appointment

    Shravil Aggarwal was appointed as a Additional Director was appointed as a Additional Director on 01 May 2024 & has been associated with this company since 9 months 1 day .

    01 May 2024

  • Annual General Meeting

    Floatex Solar Private Limited last Annual general meeting of members was held on 30 Oct 2023 as per latest MCA records.

    30 Oct 2023

Frequently asked questions

  • Floatex Solar Private Limited was incorporated on 07 Jan 2020.

  • The authorized share capital of Floatex Solar Private Limited is ₹ 1.01 Cr and paid-up capital is ₹ 1.01 Cr.

  • Currently 2 directors are associated with Floatex Solar Private Limited.

    • Sunil Aggarwal
    • Shravil Aggarwal
  • As per Ministry of Corporate Affairs (Mca), the registered address of Floatex Solar Private Limited is 113 Prakash Industrial Estates, Ghaziabad India, Sahibabad, Uttar Pradesh, 201005.

  • The corporate identification number (CIN) of Floatex Solar Private Limited is U36990UP2020PTC125413 and the company number is 125413 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Floatex Solar Private Limited is https://www.floatexsolar.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Floatex Solar Private Limited has fallen by -46.31%.

  • As Per 2023 financial reports, 14 employees are currently employed by Floatex Solar Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Floatex Solar Private Limited has experienced an downturn of -81.25%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Floatex Solar Private Limited amount to ₹ 85.08 Cr.

  • The most recent Balance Sheet for Floatex Solar Private Limited was filed with the ROC on 31 Mar 2023.

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