Floflex Industries Llp

Manufactures HSAW and HDPE pipes with premium corrosion protection coating in various sizes and lengths.

2017 | Erode, Tamil Nadu (India) | Active
Last Updated: January 23, 2024

Floflex Industries Llp Profile

Key Indicators

  • Obligation of Contribution ₹ 25.00 Cr
  • Company Age 7 Year, 6 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 79.64 Cr
  • Satisfied Charges ₹ 30.00 Cr
  • Revenue Growth -43.88%
  • Profit Growth -64.67%
  • Ebitda -41.61%
  • Total Assets -12.67%

About Floflex Industries Llp

Floflex Industries Llp (FIL) is 7 Year, 6 Months old Limited Liability Partnership 13 July 2017. Its registered office is in Erode, Tamil Nadu, India.

The LLP status is Active, and it has filed its Accounts and Solvency Statement up to 31 Mar 2023 (FY 2022-2023). It's Total Obligation of Contribution is Rs 25.00 Cr as per MCA.

Company Details

  • Location

    Erode, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN/FCRN

    AAJ-9922

  • Incorporation Date

    13 Jul 2017

  • Date of Accounts and Solvency Statement

    31 Mar 2023

  • ROC Code

    Roc-Coimbatore

  • Company Classification

    Limited Liability Partnership

Industry

Manufacturing

Who are the key members and board of directors at Floflex Industries Llp?

Designated Partners (4)

Name Designation Appointment Date Status
Duraisamy Maragatham Country flag representing In Designated Partner 10-Jun-2020 Current
Subramaniam Kumar Country flag representing In Designated Partner 13-Jul-2017 Current
Duraisamy Kalaiselvi Country flag representing In Designated Partner 13-Jul-2017 Current
Palanigoundenpalayam Duraisamy Country flag representing In Designated Partner 10-Jun-2020 Current

Financial Performance of Floflex Industries Llp.

Floflex Industries Llp, for the financial year ended 2021, experienced significant reduction in revenue, with a 43.88% decrease. The company also saw a substantial fall in profitability, with a 64.67% decrease in profit. The company's net worth witnessed no change by increase of 0%.

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
-43.88%
Revenue from Operations
-43.82%
Total Assets
-12.67%
Profit or Loss
-64.67%
Net Worth
EBITDA
-41.61%

What is the Ownership and Shareholding Structure of Floflex Industries Llp?

Unlock access to Floflex Industries Llp's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹79.64 Cr

Satisfied Charges

₹30.00 Cr

Charges Breakdown by Lending Institutions

  • Indian Overseas Bank : 79.64 Cr

Latest Charge Details

Date Lender Amount Status
20 Feb 2023 Indian Overseas Bank ₹79.64 Cr Open
23 Jun 2021 Indusind Bank Limited ₹30.00 Cr Satisfied

How Many Employees Work at Floflex Industries Llp?

Floflex Industries Llp has a workforce of 29 employees as of Apr 08, 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 Floflex Industries Llp, 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 Floflex Industries Llp'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 Floflex Industries Llp

Recent activity within the organization

  • Statement of Assets & Liabilities

    Floflex Industries Llp has filed its annual Financial statements for the year ended 31 Mar 2023 with RoC-Coimbatore.

    31 Mar 2023

  • Charges

    A charge with Indian Overseas Bank amounted to Rs. 79.64 Cr with Charge ID 100692872 was registered on 20 Feb 2023.

    20 Feb 2023

  • Charges

    A charge registered on 23 Jun 2021 via Charge ID 100455319 with Indusind Bank Limited was fully satisfied on 24 May 2022.

    24 May 2022

  • Charges

    A charge with Indusind Bank Limited amounted to Rs. 30.00 Cr with Charge ID 100455319 was registered on 23 Jun 2021.

    23 Jun 2021

  • Director Appointment

    Duraisamy Maragatham was appointed as a Designated Partner was appointed as a Designated Partner on 10 Jun 2020 & has been associated with this company since 4 years 8 months .

    10 Jun 2020

  • Director Appointment

    Palanigoundenpalayam Kumarappagounder Duraisamy was appointed as a Designated Partner was appointed as a Designated Partner on 10 Jun 2020 & has been associated with this company since 4 years 8 months .

    10 Jun 2020

Frequently asked questions

  • Floflex Industries Llp was incorporated on 13 Jul 2017.

  • The Obligation of Contribution of Floflex Industries Llp is ₹ 25.00 Cr.

  • Currently 4 partners are associated with Floflex Industries Llp.

    • Duraisamy Maragatham
    • Subramaniam Ashok Kumar
    • Duraisamy Kalaiselvi
    • Palanigoundenpalayam Kumarappagounder Duraisamy
    Duraisamy MaragathamSubramaniam Ashok KumarDuraisamy KalaiselviPalanigoundenpalayam Kumarappagounder Duraisamy
  • As per Ministry of Corporate Affairs (Mca), the registered address of Floflex Industries Llp is Plot. No. Kk-33 Kk-4 Sipcot Industrial Growth Centre, Perundu Rai Na, Erode, Tamil Nadu, India, 638052.

  • The Limited Liability Partnership Identification Number (LLPIN) of Floflex Industries Llp is AAJ-9922.

  • The Official website of Floflex Industries Llp is https://www.floflex.in

  • According to the financial reports for the fiscal year 2021, the revenue trend for Floflex Industries Llp has fallen by -43.88%.

  • As Per 2021 financial reports, 29 employees are currently employed by Floflex Industries Llp.

  • As per the financial statements for fiscal Year 2021, The total open charges for Floflex Industries Llp amount to ₹ 79.64 Cr.

  • The most recent Balance Sheet for Floflex Industries Llp was filed with the ROC on 31 Mar 2023.