Flotech Engineering Profile
Key Indicators
- Authorised Capital ₹ 1.00 M
as on 24-10-2024
- Paid Up Capital ₹ 1.00 M
as on 24-10-2024
- Company Age 23 Year, 8 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 17.97 Cr
as on 24-10-2024
- Satisfied Charges ₹ 14.48 Cr
as on 24-10-2024
- Revenue 21.07%
(FY 2023)
- Profit 14.09%
(FY 2023)
- Ebitda 8.09%
(FY 2023)
- Net Worth 4.45%
(FY 2023)
- Total Assets -0.99%
(FY 2023)
About Flotech Engineering
The Company is engaged in the Machinery And Equipment 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 1.00 M and a paid-up capital of Rs 1.00 M.
The company currently has active open charges totaling ₹17.97 Cr. The company has closed loans amounting to ₹14.48 Cr, as per Ministry of Corporate Affairs (MCA) records.
Kishorbhai Radadiya, Mansukhbhai Suvagiya, Vinodkumar Asodariya, and One other member serve as directors at the Company.
- CIN/LLPIN
U31103GJ2001PTC039409
- Company No.
039409
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
12 Apr 2001
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Ahmedabad
Industry
Company Details
- Location
Rajkot, Gujarat, India
- Telephone
- Email Address
- Website
- Social Media
What products or services does Flotech Engineering Private Limited offer?
Flotech Engineering Private Limited offers a wide range of products and services, including Pumps, Pumping Machines & Spares, Industrial Pumps, Well Pump, Open Well Submersible Pump, Electric Pump, Agricultural Pump, Submersible Pump, Submersible Pumpsets, Self Priming Pump, Regenerative Pump.
Who are the key members and board of directors at Flotech Engineering?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Mansukhbhai Suvagiya  | Managing Director | 01-Apr-2009 | Current |
Board Members(3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Kashyap Suvagiya | Director | 29-Apr-2015 | Current |
| Kishorbhai Radadiya | Director | 12-Apr-2001 | Current |
| Vinodkumar Asodariya | Director | 01-Apr-2009 | Current |
Financial Performance of Flotech Engineering.
Flotech Engineering Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 21.07% increase. The company also saw a substantial improvement in profitability, with a 14.09% increase in profit. The company's net worth moved up by a moderate rise of 4.45%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Flotech Engineering?
In 2023, Flotech Engineering had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Rajkot Engineering Testing And Research CentreActive 13 years 2 monthsVinodkumar Asodariya is a mutual person
Flotech Sales LlpActive 8 years 5 monthsKishorbhai Radadiya, Mansukhbhai Suvagiya and 2 more are mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Axis Bank Limited Creation Date: 05 Jul 2013 | ₹8.02 Cr | Open |
Axis Bank Limited Creation Date: 03 Jul 2013 | ₹9.95 Cr | Open |
Bank Of Baroda Creation Date: 09 Oct 2009 | ₹7.06 Cr | Satisfied |
How Many Employees Work at Flotech Engineering?
Flotech Engineering has a workforce of 107 employees as of Apr 05, 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 Flotech Engineering, 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 Flotech Engineering'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.
