Flotech Engineering Profile
Key Indicators
- Authorised Capital ₹ 1.00 M
- Paid Up Capital ₹ 1.00 M
- Company Age 24 Year, 12 Days
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 17.97 Cr
- Satisfied Charges ₹ 14.48 Cr
- Revenue Growth 21.07%
- Profit Growth 14.09%
- Ebitda 8.09%
- Net Worth 4.45%
- Total Assets -0.99%
About Flotech Engineering
Flotech Engineering Private Limited (FEPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 12 April 2001 and has a history of 24 years. Its registered office is in Rajkot, Gujarat, India.
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.
Company Details
- Location
Rajkot, Gujarat, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- 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
Machinery and Equipment
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.
Flotech Engineering Private Limited
Explore comprehensive data for Flotech Engineering Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
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)
Skywin Spinning Private LimitedKishorbhai Radadiya is a mutual person
Rajkot Engineering Testing And Research CentreVinodkumar Asodariya is a mutual person
Flotech Sales LlpKishorbhai Radadiya, Mansukhbhai Suvagiya and 2 more are mutual person
- Earth Spintex Private Limited
Kishorbhai Radadiya is a mutual person
- Endoc Biotech Private Limited
Vinodkumar Asodariya is a mutual person
Charges (Loans)
Open Charges
₹179.71 M
Satisfied Charges
₹144.76 M
Charges Breakdown by Lending Institutions
- Axis Bank Limited : 17.97 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 05 Jul 2013 | Axis Bank Limited | ₹8.02 Cr | Open |
| 03 Jul 2013 | Axis Bank Limited | ₹9.95 Cr | Open |
| 09 Oct 2009 | Bank Of Baroda | ₹7.06 Cr | Satisfied |
| 01 Oct 2009 | Bank Of Baroda | ₹7.06 Cr | Satisfied |
| 18 Dec 2000 | Rajkot Peoples Co-Operative Bank Ltd | ₹3.50 M | 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.
Latest Updates, News, and FAQs on Flotech Engineering
Recent activity within the organization
- Annual General Meeting
Flotech Engineering Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Charges
A charge with Axis Bank Limited of Rs. 99.50 M registered on 03 Jul 2013 with Charge ID 10436041 was modified on 20 Apr 2024.
- Balance Sheet
Flotech Engineering Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.
- Charges
A charge with Axis Bank Limited of Rs. 80.21 M registered on 05 Jul 2013 with Charge ID 10436038 was modified on 09 Oct 2015.
- Director Appointment
Kashyap Mansukhbhai Suvagiya was appointed as a Director was appointed as a Director on 29 Apr 2015 & has been associated with this company since 9 years 11 months .
- Charges
A charge with Axis Bank Limited amounted to Rs. 80.21 M with Charge ID 10436038 was registered on 05 Jul 2013.
Frequently asked questions
What is the Incorporation or founding date of Flotech Engineering Private Limited?
Flotech Engineering Private Limited was incorporated on 12 Apr 2001.
What is authorized share capital and paid-up capital of Flotech Engineering Private Limited?
The authorized share capital of Flotech Engineering Private Limited is ₹ 1.00 M and paid-up capital is ₹ 1.00 M.
Who are the current board members & directors of Flotech Engineering Private Limited?
Currently 4 directors are associated with Flotech Engineering Private Limited.
- Kishorbhai Parbatbhai Radadiya
- Mansukhbhai Laljibhai Suvagiya
- Vinodkumar Kalabhai Asodariya
- Kashyap Mansukhbhai Suvagiya
What is the registered address of Flotech Engineering Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Flotech Engineering Private Limited is Sur. No.277 Plot No.20-27 Rani Industrial Area Opp. Kaneria Oil Mill Shapar (Veraval), India, Taluka Kotda Sangani, Gujarat, 360024.
What is the corporate identification number (CIN) and company number of Flotech Engineering Private Limited?
The corporate identification number (CIN) of Flotech Engineering Private Limited is U31103GJ2001PTC039409 and the company number is 039409 as per Ministry of Corporate Affairs (MCA).
What is the official website of Flotech Engineering Private Limited?
The Official website of Flotech Engineering Private Limited is https://www.flotechpumps.com
What has been the recent revenue trend for Flotech Engineering Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Flotech Engineering Private Limited has risen by 21.07%.
How many employees does Flotech Engineering Private Limited currently have?
As Per 2023 financial reports, 107 employees are currently employed by Flotech Engineering Private Limited.
What change has been observed in the net worth of Flotech Engineering Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Flotech Engineering Private Limited has experienced an upsurge of 4.45%.
What are the total open charges for Flotech Engineering Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Flotech Engineering Private Limited amount to ₹ 17.97 Cr.
When was the last Balance Sheet of Flotech Engineering Private Limited filed with the ROC?
The most recent Balance Sheet for Flotech Engineering Private Limited was filed with the ROC on 31 Mar 2024.
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